“Born in … China's Sichuan Province to parents
who served in Mao's Red Army, Wang (had a) 16-year career in the People's
Liberation Army …rose to the rank of colonel.” Does this sound like someone we
would like to control our movie industry? While the article about him (http://www.hollywoodreporter.com/features/wanda-chairman-wang-jianlin-plans-invest-billions-hollywood-942854)
said he hated Maoist China - and he
clearly is a free market capitalist - he is not an American or an immigrant
assimilating American sentiments. He is a global citizen within the globalist
new world order. Not surprisingly, helping him buy Hollywood are former
Microsoft and News Corp executive Jack Gao, and a Goldman Sachs alum, Jonathan Garrison.
We may keep our name, the United States of
America, but our culture will be distorted and our sovereignty diminished.
Congress repealed the law, demanded by us so-called citizens, requiring County
of Origin labels on meat due to threats from the World Trade Organization.
Donald Trump calls these "bad deals". For this, he and his deplorable supporters are called nativists, xenophobes, etc. While many of these critics are shills
for the world government/new world order, many ignorantly (including some in
recent local Facebook discussions) confuse globalism with normal world trade
and the wired world we are all a part of now.
Canada welcomes investment from everywhere, but
also has strict laws about keeping their media and cultural institutions
Canadian-owned. This is a good deal. We can participate in global trade and
benefit from it without being sold out with bad deals that threaten our American
identity.
It seems that the powers that be contained additional
inflation and a declining standard of living with cheap foreign goods. We all
bought them, felt good and sent our money overseas. It’s now coming back to buy
up what’s left after de-industrialization. Let’s hope we didn’t trade away our
national soul.
Copyright 2016, Mark L. Bennett
http://www.hollywoodreporter.com/news/wanda-closes-1b-deal-purchase-940624
ReplyDeleteMust be tough when your free market principles are challenged by the fact that in a free market we don't get to make decisions based on national origin. ethnicity, or religion (or lack thereof). Mr Wang has the money to invest and wants to invest it in the US. How exactly would you restrict people's choices about how and where to invest Mark?
ReplyDeleteSteven - How would you feel if American media companies took over all the newspapers in Latin America? Would you call that Yankee imperialism? You seem to not understand the free market and also its relationship to globalism.
ReplyDeleteHow I would feel if the US media companies purchased media outlets in Latin America is actually irrelevant--but just for the record there is a huge US presence in Latin American media . Time-Warner, DIRECT TV, the American News Corporation, Hughes all have very strong presence often in partnership with Latin American corporations. But my main point was that the free market is actually what allows a Chinese corporation to purchase interests in American corporations. What you are actually implying is that the government should intervene in the free market to protect American ownership---I might agree with that in key industries--which appears at odds with your free market principles.
ReplyDeleteYour statement that American companies purchasing Latin American media “is actually irrelevant” reveals the entirely fallaciousness premise of your argument. You are comparing a principle which serves as guidance and/or bias in decision making and the gritty real world in which decisions are made. Sometimes it is easy and sometimes it is not. The local controversy here over Dollar General stores was simple: they have a right to open a store and if you don’t like it then don’t shop there. I don’t want to limit that right for anyone and I don’t want to increase the anti business perception of Amador County. In another situation in my life it wasn’t so clear. Certainly we all believe in freedom of the press. When I began work in public transit in LA I soon learned that there was an unspoken agreement not to report crime on the buses. That sad news would have discouraged ridership leading to reduced service and hurt those dependent upon public transit the most as well as contribute to increased traffic congestion and more smog. No one questioned the rightness of the news blackout; it was a balance of equities decision in the real world. I’m confident that the ordinary citizen in any nation would want their domestic media to be under domestic ownership and also cherish their right to open a business.
ReplyDeleteMy opinions about ownership of Latin American media are irrelevant Mark because it is not what I posted about. I posted about your contention that having a Chinese corporation own American media outlets (in this case though it was movie studios not newspapers) is a "bad deal." How is it a bad deal and what s the remedy? If you extend your free market principles from your position on Dollar General and county permitting processes then why aren't you applying those same principles to Wang Corp and purchasing movie studios? The issue is your inconsistency in the application of your principles not the derivative examples you are using to obfuscate the issue.
ReplyDelete