Not Russia this time, but China

By Rufus Foshee | Sep 12, 2009

As one ages, one may find some side effects that may be beneficial as to how one looks at the world in which we live. A little age is needed to remember the days when the words "Russia is coming" were intended to frighten everyone. It was so serious a term that Hollywood felt it needed to goof it up to get by, so they called the movie "The Russians are Coming, the Russians are Coming," running a Russian submarine aground off the New England Coast.

Just how Hollywood may rev up to a concept that China is coming remains a guess. Perhaps Dolly Parton could dye one of her wigs and play the part of a Chinese submarine captain, with Brad Pitt as second in command.

While decades pass with presidents and Congress arguing over who should be allowed to marry or adopt babies, and have legal rights, among other pressing matters, China has been coming everywhere. Nowhere more than down under, down under being that territory supposedly protected by the Monroe Doctrine, 1815.

Back when the Russians really were coming to Cuba, at the height of when things were tense between the United States and Russia, miraculously the JFK brigade was able to prevail, very different from now.

Now a much greater weapon of threat is coming, indeed has come. There is no threat in history more powerful than economic dominance. During the Bush 43 years, he was busy keeping America from being blown up. Now the United States is getting blown up in the worst possible way. While Bush 43 spread fear tactics, in the process the United States lost not only our overall reputation and prestige but worst of all, according to many, lost economic dominance.

Now it is time to face the consequential music however bitter it may play.

There are those who are disturbed by China swapping Brazil $10 billion cash for up to 200,000 barrels (b/d) of crude for 10 years. The swapping did not stop there. China also offered to hand over $10 billion to Argentina in a similar deal. The threat comes closer to home because the United States is dependent on Venezuela for 10 percent of its oil. Now Hugo Chavez wants to increase China's oil from 398,000 b/d to 500,000 by December. This cannot be done without cutting the U.S. supply.

It is difficult to know how the Obama administration will deal with this if it can get its head, as well as its tail, out of the mired debate over health care matters. But were Bush 43 and, what is that man's name that begins with a C, still at the helm, they might find that Chavez has WOMD and do a few preemptive strikes in Venezuela to protect that 10 percent oil allowance.

But this time it is not all about oil slicks.

It is about international trade, which some call money. That $10 billion here and $10 billion there that which China is strewing about is peanuts to a country that has lent, and continues to lend, the United Stats many times that figure. The United States is a country that cannot afford to compete in that big bad world where China wants to buy up all the resources and can afford to do so.

China is not coming, it is galloping. What is to stop her?

Of course China is not alone; there are India and Iran, among others, that are stepping up and grasping for the future, something the United States seems incapable of doing in any meaningful way. Even Secretary of State Hillary Clinton has commented on her fears of China's leaps and bounds. She did not call it China's aggression, but some might.

What is happening on the ground now is a global war without guns -- it is an economic war -- at least for now. Just like the terrorists, where are they? The economic terrorists are everywhere, the difference being that we know where they are.

Does the United States under Obama's leadership, assume as in the past, that the earth's natural resources will always be waiting on a silver platter when they are pleased to snatch them? If that is the case, there is sad news not around the corner, but right in its face.

Those natural resources have limits and who controls them is crucial. That is the reason the United States has fought two Gulf wars, even lying to find an excuse to strike, to protect America's interest in oil supply. But those countries with heavy oil supplies want to do business other than oil, and China is sitting ready and able to do such business.

By 2012, it is projected that the first shipment of oil from the Peruvian Andes will move to a $70 million wharf in Callao. Then it will be shipped across the Pacific to China. This is the kind of project China is able to maneuver. They have gone further, purchasing stakes in oil fields in both Ecuador and Venezuela. In addition, they have bid $17 billion for the 85 percent stake in YPF, Argentina's biggest oil company, held by Repsol, Spain's largest oil company, operating in Latin America as well as the Middle East.

How long will the United States delude itself over energizing itself with wind power? If New York City or Tokyo wanted to run on wind power they would have to mount those windmills on their high-rises, getting them there by airlift. Is this concept progressive?

Britain and France are not only two top producers of nuclear power, but now, according to International News, "AFP - France's EDF and Britain's Centrica on Monday, announced a joint venture to build more nuclear power stations in Britain and took stakes in each other's holdings, in a long-awaited tie-up. EDF and Centrica will create a joint venture company, 80 percent controlled by the French group and 20 percent by Centrica, to build four European Pressurised Reactor-type nuclear power stations in Britain."

China is indeed coming here too. According to China.Org.CN, "China will start constructing five nuclear power plants (NPPs) this year, part of an effort to dramatically expand its nuclear power capacity by 2020 ..."

It took Iraq only one year to learn the hard way. Last year China’s biggest oil company signed the first post-invasion oil field development contract in Iraq. Now that company, National Petroleum Corporation, has struck oil big at the Ahdab field southeast of Baghdad and things have heated up. The poor in the province are getting nothing, not even employment. China is big on traveling with its own employees, though the arrangement in Iraq is not clear.

China is not coming, she is here.
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