Across the border my latest comments on the US and China Trade controversy , etc
I believe the future of America’s dominance of emerging technology is at stake in fight with Asian giant. China is “sticking it to America” and how America responds will determine the future. Depending on how China behaves in this matter, we’re gonna look into the soul of China and really see who they are.
Let me add here what president Trump wrote in a national security strategy in December, they are now a strategic rival … That is a historic document as well. For the first time, we’ve redesignated China — the National Security Council — we’ve designated them as a strategic rival. Not an ally, not a partner.”
This comments come after a tumultuous week on Wall Street. The Dow Jones industrial average tumbled almost 400 points on Thursday and Friday amid fears of a trade war.
It is crucial for America to maintain its resolve as the global competition between the United States and China enters the next phase. Basically, America went through 16 years of Barack Obama and George W. Bush, and they, basically, let China take away most of America traditional manufacturing. What’s at stake now, what President Trump sees, is a battle of these emerging future industries.
Those are the technologies that will determine the future not only of economics but of military security. America simply can’t let them gain the economic high ground here, but the good news is that most US policymakers at this point recognize China’s rogue practices, such as widespread theft of intellectual property.
This is a historic moment, because America have people on all sides of the spectrum at least acknowledging now that China steals from them, forces technology transfers, engages in all sorts of unfair trade practices. The only debate now is how to go about it.
Still, voices of dissent — and, perhaps surprisingly, shock — persist. Every time America have done one of these actions, it’s basically been a many month-long process where they do things in a measured, balanced, analytical way. And then, yeah, people with their hair on fire [are] saying, ‘Wow, I’m shocked.’ They shouldn’t be shocked. The president is doing exactly what he promised. It’s only shocking because everybody else before him never kept their promises.
Much of the criticism of Trump on trade is designed to create a climate of fear. What the Wall Street Journal’s writing is very similar to what the People’s Daily is writing. China has poured its enormous trade surplus into sovereign wealth funds that systematically target high-tech start ups in the United States. They’re buying up, essentially, the crown jewels of American technology.
Increasingly, China also is requiring American companies that want access to the Chinese market to move their research and development operations there. That means that China ends up with the patents to cutting-edge technology.
Trump critics offer no alternative other than negotiations and World Trade Organization complaints. Let me add here that the Trump administration is using those tools as well.
Let me stress that negotiations absent muscle are meaningless. That approach has led to the loss of 70,000 factories, the elimination of millions of manufacturing jobs, and a 40 percent reduction in the historical rate of economic growth. Talk is not cheap, talk with the Chinese is very expensive.
Before there was Facebook in America, there was Facesmash at Harvard and Mark Zuckerberg was behind both of them. There’s a lot more about this social media giant that most Americans likely never knew. So here are five basic facts about Zuckerberg and Facebook
1.) Facebook does what Zuckerberg decides it will do. This applies to any given issue because, Zuckerberg’s decisions are final, since he controls all the voting stock in Facebook, and always will until he decides not to — it’s just the way he has structured the company.”
2.) Facebook’s estimated 2 billion users aren’t a “community.” Rather, these users are “a regime of one-sided, highly profitable surveillance, carried out on a scale that has made Facebook one of the largest companies in the world by market capitalization. And that surveillance has made Zuckerberg so wealthy that …
3.) … Facebook’s chief can take actions to ensure his own privacy, about which he cares a great deal. Zuckerberg cares so much about his privacy, in fact, that he “buys houses surrounding his and tapes over his computer’s camera to preserve his own privacy.” As for the privacy of others, one can only hope this man’s views have matured from those attributed to him in a 2010 Business Insider story.
4.) Zuckerberg started his apology tour 12 years ago. More often than not, his apologies have followed revelations about how little regard the social media site has for user views and privacy interests.
Zuckerberg’s first Facebook apology came in 2006 with the launch of the News Feed, the introduction of which came with little advance warning: “‘This was a big mistake on our part, and I’m sorry for it,’ he wrote on Facebook’s blog. ‘We really messed this one up,’ he said. ‘We did a bad job of explaining what the new features were and an even worse job of giving you control of them.’”
There have been numerous similarly worded apologies in the years since, along with, “the consent decree that the Federal Trade Commission made Facebook sign in 2011, charging that the company had deceptively promised privacy to its users and then repeatedly broken that promise — in the intervening years.”
If the preceding sounds familiar, it should, because Zuckerberg’s apologies as the latest scandal has grown are eerily similar: “We have a responsibility to protect your data, and if we can’t, then we don’t deserve to serve you. I’ve been working to understand exactly what happened and how to make sure this doesn’t happen again.” He added, “The good news is that the most important actions to prevent this from happening again today we have already taken years ago. But we also made mistakes, there’s more to do, and we need to step up and do it.”
5.) Facebook is a friend of Big Government. Cambridge Analytica had to go to a third party to obtain Facebook user data, but Facebook gave it to then-President Barack Obama’s 2012 re-election campaign, said former Obama campaign media director Carol Davidsen in a March 18, 2018, tweet: “They came to [the] office in the days following election recruiting & were very candid that they allowed us to do things they wouldn’t have allowed someone else to do because they were on our side.”
There’s one more thing to remember as the Facebook debate becomes increasingly dominated by calls from politicians on both sides of the aisle for greater government regulation of social media. The idea of subjecting Facebook to stringent federal regulation or even nationalization as a public utility in order to protect individual privacy rights is not new.
But momentum is building in the nation’s capital among Democrats and Republicans to “do something” about Facebook — and so it will be. The issue then will be who benefits most: Facebook, its users, or Washington politicians and bureaucrats.
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