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Jefferson Review |
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"Your Liberty is Our Interest" |
September 24, 2007 | |
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The Harvests of Terror Gordon Francis Corbett
My lady and I have owned a ten-foot satellite dish since 1994. It and its receiver have enabled us to learn a lot from foreign news broadcasts.
For a time, some ten years ago, we would tune in at midnight to a particular satellite's specific transponder and watch the B.B.C.'s 8:00 A.M. news broadcast. After one morning's news summary, we saw a report I can only describe as chilling. It comprised interviews buttressed by clandestinely filmed BBC videotape of a Red Chinese doctor. He told a supposed patient how much he would have to pay to have an organ put into his body. I cannot remember now which organ the "patient" was pretending to buy because I was in a kind of shock. You see, the doctor planned to, uh, "harvest" the organ from an executed political prisoner whose tissue-typing matched the "patient"'s.
If doctors could safely have transplanted organs in the nineteen-thirties, Adolf Hitler and Joseph Stalin would not have hesitated to glean from their victims every possible Reichsmark or ruble, and to make their deaths warnings to every prospective rebel.
Many strict conservatives of the Dan Smoot and Barry Goldwater varieties would oppose permitting even ordinary trade with the Chinese Reds, but under "I feel your pain" Bill Clinton and "compassionate conservative" George W. Bush, our two ruling parties have been, and are still, forcing American citizens to support them. And, just wait until you see how.
Representative Peter De Fazio said in Port Orford, Oregon, that of all the nations buying our debt instruments, only Japan surpasses the Red Chinese. He added a nasty scenario. Suppose that Peking announces an intention to conquer the Republic of China on the island of Formosa. We threaten to send our Seventh Fleet to block them. Peking replies that if we do that, they will sell every American debt instrument they have accumulated over the years, making our currency worthless. Result: we do nothing.
De Fazio did not add this, but selling these instruments to the Chinese Reds adds insult to injury. The Treasury Department creates them to amortize Congress's deficit spending, and when foreigners purchase them, the dollars we print to pay those creditors go abroad. Eventually, those nations use them to buy goods and services; and, when they return to our country, they increase our money supply far more rapidly than our own goods and services can grow. Consequently, we pay far more dollars for the same items than we used to do. That is the injury.
We get the insult when Communist China uses what had been our own dollars to improve its arsenal. We dare not forget that a Red Chinese general once threatened to bomb Los Angeles. Nor should we let slip from our memory facts like China's Hutchison Whampoa Limited's installations on both ends of the Panama Canal, or China's cozying up to Venezuela's Hugo Chávez.
As a fan of George Washington's non-interventionist foreign policy, I oppose defending foreign powers from aggressors who have not attacked us; but the specter of our abjuring a treaty merely to please foreign creditors nauseates me.
How about you?
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