There Is More Cronyism Than Capitalism In Corporate America (Boeing? Oink, Oink)

America, Business, Capitalism, Economy, Free Markets, Globalism, Labor, Trade

In “Why Tax Breaks Won’t Stop High-Tech, H-1B Human Trafficking,” I explained how, “The H-1B visa racket,” like so much of the rent-seeking global, corporate America does, “is … a taxpayer-subsidized, grant of government privilege. Duly, profits remain private property. The costs of accommodating an annual human influx are socialized, borne by the bewildered [American] community.”

the corporations that hog H-1Bs act like incorrigibly corrupt rent seekers. Not only do they get to replace the American worker, but they get to do so at his expense.

Here’s how:

Globally, a series of sordid liaisons ensures that American workers are left high and dry. Through the programs of the International Trade Administration, the Export-Import Bank, the Overseas Private Investment Corporation, the International Monetary Fund, and other oink-operations, the taxpaying American worker is forced to subsidize and underwrite the investment risks of the very corporations that have given him the boot.

Domestically, the fascistic partnership with the State amounts to a subsidy to business at the expense of the taxpayer. See, corporations in our democratic welfare state externalize their employment costs onto the taxpayers.

MORE in “Why Tax Breaks Won’t Stop High-Tech, H-1B Human Trafficking.

Now, via Washington Examiner’s “When foreign airlines go under, US taxpayers could be stuck with the bill” comes quite a positive description of the sordid liaisons and transactions on the backs of American taxpayers:

Subsidizing Boeing jets has generally been the Ex-Im Bank’s main activity. Typically, about 40% of all its financing supports Boeing exports. That’s why the agency has earned the nickname “Boeing’s Bank.”
As a result, airlines in China, Turkey, Bangladesh, Canada, Mexico, and all over the world have benefited from U.S. taxpayer-backed financing to buy Boeing jets in recent years. Many of them still owe their lenders, meaning the U.S. taxpayer is still exposed via the Ex-Im Bank. There’s a decent chance some of those foreign airlines will default on some debt payments. That could result in the Ex-Im Bank having to make the creditors whole.

There is more cronyism than Capitalism in the operation of the giants of corporate America.

UPDATE:  Just desserts.

Living With One Foot In Wuhan, The Other In The West

Ann Coulter, China, Conservatism, Globalism, IMMIGRATION, Labor, libertarianism, Nationalism

Writes Michelle Malkin:

Just learned that OpenBordersInc tool Charles Sauer is not only a DACA amnesty promoter, but also wants more EB-5 visas for wealthy Chinese, which Lindsey Graham and Jared Kushner are trying to expand as part of a coronovirus rescue package. Expose AMERICALAST and OpenBordersInc.

Ms. Malkin is referring to “Don’t let populism push people out of the country” by Charles Sauer, a very dull piece full of old bromides and shibboleths, such as that the cessation of immigration is synonymous with stagnation.

As I am beginning to see it, America First and more immigration from WuFlu China are mutually exclusive!

Expanded immigration from China means very many more people living with one foot in Wuhan, the other in Washington State and beyond.

Ann Coulter put it succinctly in “Cheap TVs, Expensive FLU”:

Thanks to “globalism” — i.e., cheap goods from China — we’ve gotten many wondrous things, for example:

— Toothpaste on American shelves made with a poison found in antifreeze.

— Toxic Chinese drywall installed in about 100,000 U.S. homes, emitting noxious fumes that destroyed electrical wiring and metal fixtures and sickened homeowners. Replacement of the drywall, pipes and wiring cost Americans billions of dollars.

— Hundreds, possibly thousands, of American dogs killed by melamine-laced Chinese dog food in 2007.

— The loss of about 200,000 beautiful maple trees lining the streets of small New England towns, eaten by Asian long-horned beetles that arrived on Chinese cargo ships in 1996. The U.S. taxpayer spends hundreds of millions of dollars to eradicate the repeated outbreaks that continue to this day, despite promises from the Chinese to do better.

— Viral pandemics — H1N1 (from China), bird flu (from China), SARS (from China) and now the Wuhan virus (from China).

Is it really worth paying $3 for a T-shirt at Walmart, rather than $9? The precise reason Chinese goods are so cheap is that they skip the crucial quality-control step.

UPDATED/LETTERS (3/21): NEW COLUMN: In Which I Cover WuFlu, And Bitch Slap Less Evolved Life Forms

Anti-Semitism, China, Environmentalism & Animal Rights, Globalism, Healthcare, Ilana Mercer, Israel, Russia

NEW COLUMN is one in which WuFlu is covered at length and in depth, but in which I am forced to deal with forms of life less evolved than the coronavirus.

Indeed, more novel than coronavirus, in this column, is being forced to bitch slap some, “Little Men—minnows, reptilian brains, who hide behind their email handle, nipping at my heels in fractured, mangled sentences, using nothing but ad hominen and Jewy conspiracy.” These organisms have dogged the Mercer Column on the Unz Review for too long.

Read “#WuFlu: One Foot In #Wuhan, One Foot In the Grave (Via Washington State)” Then, scroll down to the “Marginalia” section. Enjoy.

Excerpt:

 …. Writing for the Times Literary Supplement, a liberal gentleman named Anthony St. John wrote, “I would run for my life if I saw Ilana Mercer coming my way! Does she eat nails for breakfast?”

And billionaire investor Victor Niederhoffer—such a fun, eccentric man—said this: “You can’t win an argument with this woman. I’ve tried and failed.”

One day, time allowing—after all, there is so much life to live—I might just take some extremely unkind cuts to each “Little Man” who hounds me on this thread, never making sense, and so often emitting scary threats.

Little Men have a big decision. Is it worth hounding Mercer? Can the “Little Man” collective afford it? Do these “Little Men” want to lose face, when they are already lacking in the proverbial male bits? I don’t think so.

And that’s the mildest part. MORE in: “#WuFlu: One Foot In #Wuhan, One Foot In the Grave (Via Washington State)”

It’s on WorldNetDaily.com, too, minus the viral load.

*Image is by Rudmer Zwerver

UPDATE (3/20): Letters loved this column–especially The Bitch Slap. A smattering:

From: Charlie
Sent: Friday, March 20, 2020 5:13 AM
To: ilana@ilanamercer.com
Subject: Unz column

Ms. Mercer,

Your bitch slap of these individuals was long overdue. I bow (in respect, not flaccidly) in the presence of my new libertarian slay queen. I look forward to more.

From: Roey
Sent: Friday, March 20, 2020 9:35 AM
To: Ilana Mercer <ilana@ilanamercer.com>
Subject: Re: NEW COLUMN: In Which I Cover WuFlu, And Bitch Slap Less Evolved Life Forms

Wonderful column! Stay safe!

From: rocket
Sent: Friday, March 20, 2020 8:48 AM
To: Ilana Mercer <ilana@ilanamercer.com>
Subject: Bitch Slap-Happy

You make me smile!

From: dark S
Sent: Friday, March 20, 2020 7:42 AM
To: ilana@ilanamercer.com
Subject: WOW

If  ONLY the powers that be felt the way that you do…THEN we might have a chance…Good job…

UPDATED/LETTERS (3/21):

From: Gene
Sent: Saturday, March 21, 2020 3:53 AM
To: Ilana Mercer <ilana@ilanamercer.com>
Subject: yes. WOW. (Latest column)

 Read it in 10 minutes, on a break at work.

Truly a staggering piece.  Had to immediately hit the donate button.

Gene

 

 

 

 

 

 

Comments Off on UPDATED/LETTERS (3/21): NEW COLUMN: In Which I Cover WuFlu, And Bitch Slap Less Evolved Life Forms

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NEW COLUMN: From Wuhan to Washington State With ‘Love’

China, Globalism, Healthcare, Music

NEW COLUMN AT The American Greatness is “From Wuhan to Washington State With ‘Love’” In it, I focus on, to quote,

“the intellectually nimble sleuth work done by scientists not of the CDC, in the course of viral RNA sequencing.” Of course, “epidemiology obligates even this creaky bureaucracy to trace the origins of the virus.

And so it has. Admits the CDC:

Coronaviruses are a large family of viruses that are common in people and many different species of animals, including camels, cattle, cats, and bats. Rarely, animal coronaviruses can infect people and then spread between people such as with … with this new virus (named SARS-CoV-2).
The SARS-CoV-2 virus [has its] origins in bats. The sequences from U.S. patients are similar to the one that China initially posted, suggesting a likely single, recent emergence of this virus from an animal reservoir.
Early on, many of the patients at the epicenter of the outbreak in Wuhan, Hubei Province, China, had some link to a large seafood and live animal market, suggesting animal-to-person spread. Later, a growing number of patients reportedly did not have exposure to animal markets, indicating person-to-person spread. Person-to-person spread was subsequently reported outside Hubei and in countries outside China, including in the United States.

In other words, coronavirus jumped first from animal to person and thereafter from person-to-person.

The deadly disease originated in one of China’s disease-breeding, barbaric, “wet markets,” as they are called. These “wet markets” are hell on earth for wild animals, which are tied up, stacked in cages and slaughtered on the spot, because the fiendish customers demand “freshness.”

As the Associated Press reports, “You’ve got live animals, so there’s feces everywhere. There’s blood because of people chopping them up, … The messy mix raises the … odds that a new virus will jump to people handling the animals and start to spread.”

To its report, the AP has appended an image of a “wet market,” adjacent to an up-market Chinese mall.

Suffer the innocent, helpless critters. Suffer the old and the infirm. God help us all. …

… READ THE COMPLETE COLUMN. “From Wuhan to Washington State With ‘Love’” is AT The American Greatness.

Music for the times is “V: The New Mythology Suite” by progressive metal band Symphony X. It features evocative melodies, harmonic complexity, gorgeous arrangements, furious licks, sublime singing, impossible time-signature fluctuations. No contrapuntal incompetence here.  Yes, it is no contradiction at all to love Schubert’s trios and this … no contradiction at all.

Stay safe.

ilana