A central tenet of “globalization” is that national security considerations need not be factored into trade and financial transactions. As long as money can be made, anything goes.
Communist China has exploited such thinking to destroy much of the U.S. manufacturing sector, massively transfer our intellectual property and create American supply chain dependencies on an adversary for things like pharmaceuticals and electronic gear that are simply insane.
The globalists on Wall Street have even created investment indexes like the MSCI that enable the Chinese military to fund its threatening build-up with our money. And we learned yesterday that they are poised to pour the pension funds of millions of past and present U.S. government employees into PRC companies that enable, for example, the communist police state, build fortified man-made islands and construct aircraft carriers.
Putting America First means ending such reckless globalism.
Frank J. Gaffney, Jr. is President of the Center for Security Policy (www.SecureFreedom.org), a columnist for the Washington Times and host of the nationally syndicated program, Secure Freedom Radio, heard in Washington weeknights at 9:00 p.m. on WRC 1260 AM.