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Free Trade
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The globalist CAFTA treaty passed in the U.S. House Assembly by 2 votes, due to the intense lobbying pressure by the White House. If anyone doubted that the Bush administration and in particular, George W. Bush, were passionately committed to a globalist agenda, those doubts are erased. |
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General
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Bill Clinton figures that religion can be used for "reconciliation and conflict resolution," and thus has created a foundation called, aptly enough, the Bill Clinton Initiative. This timely observation validates The August Review's "Global Religion for Global Goverance." |
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Free Trade
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With Maytag and Unocal on the selling block, we must ask: Are we encouraging China to declare economic war with the U.S.? America's trade deficit with China generates free capital with which China can purchase U.S. assets. But don't think that it's only Chinese money that's fueling this feeding frenzie. |
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Global Banking
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"Birds of a feather, flock together." If all goes well, BofA will own up to 19.9% of China Construction Bank (CCB) by the end of 2005. Funding for the deal starts at $2.5 billion (for the first 9%) and goes up from there. Given the systemic corruption at CCB -- it's lost two chairmen of the board in the last five years -- we can expect lots of future stories on this marriage. |
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General
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Henry Kissinger recently spoke at the US-India Business Council and alluded to an emerging energy crisis based on declining oil and production. As the consummate internationalist, whenever Kissinger speaks, one had better pay attention! |
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