China

Defense Secretary Donald H. Rumsfeld said in Singapore over the weekend that China has hidden its defense spending and is expanding its missile forces despite facing no threats.

According to a new intell report, the US failed to spot Chinese military build-up over the past decade due to Chinese secrecy and intell analysts downplaying evidence of China's growing military.

A former U.S. official said the report should help expose a "self-selected group" of specialists who fooled the U.S. government on China for 10 years.

"This group's desire to have good relations with China has prevented them from highlighting how little they know and suppressing occasional
evidence that China views the United States as its main enemy."

Yes, yes.....the US is China's main enemy and our strategy is to Wal-Mart them toward democracy. Why else would China feel this way?

The answer is that rather than
feeling threatened, China intends to threaten others, especially the United
States.

China has defined America as
its "main enemy" and can now
launch nuclear weapons at the United States that are capable of killing 100
million of us.

It controls more than $200 billion in U.S. debt and sells more
han 40 percent of its exports to America, using the profits to strengthen its
economy and advanced weapons systems aimed at the U.S.

The United States is fulfilling one of
Lenin's doctrines by purchasing the rope with which the communists plan to
hang us.

Too many things sold in America are
made in China and too many
corporations have moved their plants and operations to China, undermining the U.S. domestic economy and
helping a nation that seeks to destroy
us.

Meanwhile, China is being pressured to reform its currency.
U.S. manufacturers say the yuan is undervalued by as much as 40 percent, giving China an unfair export advantage.

Sen. Charles Schumer, a New York Democrat, said Chinese leaders needed to outline a timetable for moving to a freely floating currency.

Schumer is co-author of a bill that threatens China with a 27.5
percent across-the-board tariff on U.S. imports of Chinese goods if it does not
revalue its currency, the yuan .

"Our bill is intended to get China to play fair, once and for all," Schumer said.

Schumer repeated his contention that the Bush administration was quietly backing his efforts to pressure China on the yuan.

Evidently, the Chinese know a good thing when they see it and shrug shoulders at the suggestion of a freely traded yuan.

US Federal Reserve Chairman Alan Greenspan yesterday urged China to ease tight controls on its exchange rate.

To maintain its currency controls, China has to buy large quantities of US dollars -- an arrangement that Greenspan said "cannot go on indefinitely."

Witness the introduction of free-market communism.