2006-09-10 06:51:58 · 17 answers · asked by Anonymous in Politics & Government ➔ Politics
The Red Chinese are getting billions and billions of dollars from the USA. Why give them the money?
2006-09-10 06:56:46 · update #1
Hypocritism
2006-09-10 06:55:45 · answer #1 · answered by Caveman 4 · 0⤊ 3⤋
Because the USA is nearly bankrupt and the Chinese have them over a barrel. The chinese have got the biggest dollar reserves in the world - 900 billion. Bush has sold the USA to China and they will eventually have total economic control.
2006-09-10 09:40:19 · answer #2 · answered by brainstorm 7 · 0⤊ 0⤋
They blackmailed him.
Either let us Join the G8 or pay up suckers.
Thanks to the sound business practice of Wallmart and China we owe China more money than all the US debt since 1776.
Next time you look at you house take a deep breath and say China owns my house. Thank you chairman MAO.
Go big Red Go
2006-09-10 08:03:16 · answer #3 · answered by 43 5 · 0⤊ 0⤋
Because it is China that will make the corporations of this country even more rich by providing cheap labor, no human rights to workers, avoid environmental laws, and continue to sell out our country from under the american people. Both Democrats and Rebublicans are for this and it will be a preview of much worse things to come for the working class. People talk about race wars, politicial wars, military wars, but what is really happening is a class war, prepare for this revolution and dont think for a second things cant go very bad quickly just because we live in the US, reckoning day is here.
2006-09-10 07:07:39 · answer #4 · answered by Later Me 4 · 0⤊ 1⤋
On May 31, 1996, President Clinton issued his determination to extend China's waiver and most-favored-nation (MFN) status for another year; and, on June 21, 1996, he issued a determination renewing the trade agreement with China for another 3-year term (through January 31, 1998).
2006-09-10 07:00:04 · answer #5 · answered by Anonymous · 2⤊ 0⤋
We do a lot of business with China and they are our biggest trading customer. Also you may want to ask that same question about Clinton, !st Bush, Reagan, Carter,
Ford and Nixon.
2006-09-10 07:08:04 · answer #6 · answered by Vagabond5879 7 · 0⤊ 0⤋
The U.S. realized that, with or without them, China was an up and coming economic power house. The MFTS gives the U.S. some modicum of leverage with China. (It's better to have them inside the tent peeing out rather than have them outside the tent peeing in.)
2006-09-10 07:00:05 · answer #7 · answered by Albannach 6 · 1⤊ 0⤋
Get your facts straight. Clinton gave them that, along with missile technology. They couldn't get a balloon off the ground before Clinton moved the authority to allow transmission of sensitive technology
2006-09-10 07:33:42 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Because it has a potential market for US goods of over 1.1 billion people.
Oh, and they have really cheap labor and virtually no environmental laws.
2006-09-10 06:53:47 · answer #9 · answered by the master of truth 4 · 3⤊ 0⤋
1.2 billion chinese looking for work are easier to hire than Americans.
2006-09-10 06:56:58 · answer #10 · answered by Black Sabbath 6 · 1⤊ 1⤋