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Gao Xiqing interviewed by 60 Minutes' Leslie Stahl
-- "In summary, most of the fifth generation of the Communist Party will be comprised of former CYL members, princelings (offspring of incumbent or retired
top cadres), those who received their diplomas from Western countries, and former entrepreneurs and managers from the private sector. They possess
expertise in business administration, but in terms of political-system reform they will not necessarily bring forward many innovations. The reason is that
they are restricted by the old system and massive social inertia , both of which will prevent them from achieving
breakthroughs."
Click here
for full article.
"However, because of their familiarity with international conventions and long-term relations with Western business circles and institutions, they could
possibly relax political rules and regulations a little at a time. On the other hand, they will take "social stability" into account and maintain a vested
interest in ensuring their political futures. This is a vicious circle in China's political system. Therefore, even
after they exercise control, they may not necessarily introduce Western-style democracy into China, lead China's society and political situation toward plurality, or give intellectuals more
policy-making rights."
Click here
for full article.
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Peter Navarro
Business Professor
Commentator & Author
American Made Hero


Click photos for PeterNavaro.com
American Made Hero!

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Peter Navarro
... applauded as an American Made Hero!
Professor of Economics, Commentator & Author
For Professor Navarro's clear and consistent efforts in raising major concerns about the very real negative influences the
Chinese Communist Party's mercantilist and protectionist trade practices are having on the American economy and society, we
welcome Peter Navarro to our listing of true
American Made Heroes!
"When Barack Obama was a presidential candidate, he repeatedly promised to crack down on unfair Chinese trade practices
, particularly when he
was campaigning in key industrial swing states such as Illinois, Michigan, Ohio and Pennsylvania. Once in office, however,
President Obama hasn't delivered on those promises. His Treasury Department has repeatedly refused to brand China a
currency manipulator — a move that would allow the U.S. to impose countervailing duties to eliminate one of China's most
important mercantilist edges."

Over the last decade, as more and more American jobs and factories have moved to China, so-called American organizations
such as the Business Roundtable have been transformed from staunch critics of Chinese mercantilism to meek apologists for
China's anti-free trade policies. These organizations are the very essence of the dictum often attributed to Vladimir Lenin
that a capitalist will happily sell the rope that will be used to hang him.
Take the U.S. Chamber of Commerce and its various counterparts in China. The groups were
signatories to the letter lobbying against congressional attempts to force China to play fair. In addition, the American Chamber of Commerce in Shanghai has
lobbied against key provisions in a proposed Chinese law that would have expanded protections for Chinese workers, and
thereby given American workers a better chance to compete.
What all of these American business groups and corporate executives now doing business with China fail to understand is
this: When jobs move to China, Americans are damaged . These days, you don't have to look far to see the victims.
We welcome fellow American Peter Navarro as a new member of
AmericanMadeHeroes.com!
Click here
to read article "Q & A with Peter Navaro"
"In thinking about the issue of trade reform, it is important to distinguish between mercantilism and protectionism. A
mercantilist state uses tools like illegal export subsidies and currency manipulation to increase its level of exports to
other nations at the expense of jobs and income in those nations. In contrast, a protectionist state uses unfair trade
practices like quotas, forced technology transfer, and regulatory barriers to prevent foreign competitors from entering its
markets. As a practical matter, any state that engages in protectionism likely also is a mercantilist as well. In the world
arena today, China is the reigning Emperor of both mercantilist and protectionist practices. The scope of what this "beggar
thy neighbor" country does in direct violation of the World Trade Organization rules is breathtaking, and it is precisely
these mercantilist and protectionist practices that I outline in my chapter in the book."
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Samuel Adams
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We now need more like Sam Adams ... rabble rousers for our economic independence! (Mike Tamulis)
When debating on the Declaration of Independence, Adams said: "I should advise persisting in our struggle for liberty though it were revealed from heaven
that 999 were to perish, and one of 1,000 were to survive and retain his liberty. One such freeman must possess more virtue, and enjoy more happiness,
than 1,000 slaves; and let him propagate his like, and transmit to them what he has so nobly preserved."
(A clear message to the Chinese Communist Party leaders from Peter Navarro.)
-- Samuel Adams ... an
American Made Hero!
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Alexander Hamilton
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"Not only the wealth, but the independence and security of a country, appear
to be materially connected with the prosperity of manufacturers. Every nation ... ought to endeavor to possess within
itself all the essentials of a national supply. They comprise the means of subsistence, habitation, clothing and
defense ... The expediency of encouraging manufactures in the United States, which was not long since deemed very
questionable, appears at this time to be pretty generally admitted."
-- Alexander Hamilton ... an
American Made Hero!
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