Editors note: CPA members Zach Mottl and Bill Hickey are quoted throughout this important article on our defense industrial base being challenged by China and US monopolies Wall Street’s short-term incentives have decimated our defense industrial base and undermined our national security. [MATT STOLLER AND LUCAS KUNCE | June 27, 2019 | The America Conservative]…
Editor’s note: The issue of managing the US dollar exchange rate continues to get media attention. Populists say that devaluing the US dollar will bring back American jobs and boost domestic manufacturing. [Ben Piven | July 1, 2019 | ALJAZEERA News] What kind of American leader would want less bang for the buck? More and…
Editors note: This legislation should pass. Also the US needs to focus on developing 5G here. Fast. Ridiculous that we don’t have it. Sen. Marco Rubio (R-Fla.) vowed legislative action on Saturday after President Trump said that he would lift a ban on U.S. companies doing business with Chinese tech giant Huawei. [John Bowden | June 29, 2019 | The…
Editors note: This is what you get when you listen to people who think that a service economy is the wave of the future. Huawei is the top threat to American dominance in wireless technology. And the U.S. is woefully, even disgracefully, behind. [Andrew Ross Sorkin | July 1, 2019 | NY Times] In an…
Editor’s note: Another company moving back to the US. Production to begin in August with 10-15 employees in first year [Alex Zank | June 27, 2019 | Biz Times] Ontario, California-based Optec LED Lighting is moving ground-up production from China to a renovated, centralized facility in Brookfield with plans to eventually make Wisconsin its new…
Editor’s Note: Roger Simmermaker, a CPA member, explains how China is taking over the supply chain serving the energy industry, further evidence why they cannot be trusted to stop cheating. Exclusive: Roger Simmermaker takes on trade war issues [Roger Simmermaker | June 28, 2019 | WND] Many Americans tend to think of the U.S.-China trade war…
Editors note: Another example where U.S. multinational interests do not align with national interests. Advanced Micro Devices revived its fortunes through the deal, and sparked a national-security battle [By Kate O’Keeffe and Brian Spegele | June 27, 2019 | WSJ] Advanced Micro Devices Inc. AMD 3.92% transformed itself from a financially struggling company to an investor’s dream in just three years, a…
