China vs. the US: shipbuilding, subsidies, and the Jones Act

Hypocrisy thrives where double standards prevail.

Earlier, I stupidly tweeted out an article about the Jones Act and shipbuilding and Colin Grabow, from the Cato Institute, liked it (he was quoted in the article). I looked him up and decided to listen to this video on the shipbuilding competition between China and the US, where he and a lawyer for United Steelworkers were on the panel. China is eating their lunch, and it’s the ruling elites’ own fault, yet they scapegoat China for it. The double standards over China’s “unfair economic practices” AKA the subsidizing of their shipbuilding industry irritates me (liars irritate me even more). States give subsidies, grants, and tax breaks to corporations, all the time. Fincantieri Marinette Marine is just one example, but Wisconsin had done the same for Foxconn. Foxconn received tax breaks and $3B in subsidies, which was “the largest ever subsidy provided by a state to a foreign company”, despite not living up to their promises.

Rumble

Colin Grabow wants to end the Jones Act. I’ve made at least three video clips regarding the Jones Act, two with Sal Mercogliano from What’s Going On With Shipping and one from the government-funded CSIS (I’ve posted them, below). Spoiler alert: Sal says that the problem isn’t the Jones Act. Meanwhile, both CSIS and the Cato Institute (part of the Atlas Network) blame the Jones Act. Deregulation is a wet dream of big corporations (which fund both the Cato Institute and CSIS).

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China Overtakes Europe in Clean Energy Tech Research

China has become a powerhouse in clean energy, and has overtaken the EU on clean technology research, a paper prepared for the European Commission has shown.

“China has caught up with the EU in R&D expenditure. While Chinese R&D intensity more than doubled since 2000, EU R&D intensity grew much slower. As a result, China caught up with the EU while the US keeps a consistent lead,” according to the brief on the EU-China exposure in trade, investment, and technology.

“China is increasingly becoming a world leader in science and innovation, for several critical technologies outlined in the 2023 Commission Recommendation on critical technology areas for the EU’s economic security,” the authors of the study for the Commission wrote.

China Overtakes Europe in Clean Energy Tech Research

China is eating Europe’s lunch, as well! On another note, the EU should worry more about their dependence, on the US, than on China. Then again, they’re a vassal state of the US.

Previously:

[2019] US military begins testing flying surveillance balloons across the country to TRACK people’s movements

Screenshot from YouTube.

US military begins testing flying surveillance balloons across the country to TRACK people’s movements

The tests were carried out by U.S. Southern Command, or Southcom, which is part of the Department of Defense and is responsible for intelligence operations, security cooperation and disaster response in Central and South America. It’s a joint effort by the U.S. Air Force, Navy, Army and other forces whose main task is finding and intercepting drug shipments that are destined for the U.S. According to the Guardian, as many as 25 unmanned solar powered balloons were launched from rural South Dakota and made their way 250 miles across the neighboring states in tests.

Related:

Worldview Stratollites are commercial high altitude balloons like Google Loon – Worldview had an explosion December 2017

Stratollites can maintain position over specific areas of interest for days, weeks, and eventually months on end. This allows for more sustained measurements and monitoring capabilities over a targeted area. Stratollites can carry a wide variety of commercial payloads (sensors, telescopes, communications arrays, etc.), launch rapidly on demand, and safely return payloads back to earth after mission completion.

Some interesting ‘coincidences’:

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Climate Activism Isn’t About the Planet. It’s About the Boredom of the Bourgeoisie | Opinion

Disclaimer: The views expressed herein are solely those of the author and may or may not reflect those of Ms. Cat’s Chronicles.

The downfall of capitalism will not come from the uprising of an impoverished working class but from the sabotage of a bored upper class. This was the view of the Austrian economist Joseph Schumpeter in 1942. Schumpeter believed that at some point in the future, an educated elite would have nothing left to struggle for and will instead start to struggle against the very system that they themselves live in.

Climate Activism Isn’t About the Planet. It’s About the Boredom of the Bourgeoisie | Opinion

How Joe Biden Made the War in Ukraine a Gift to the Gas Industry

Gas execs

How Joe Biden Made the War in Ukraine a Gift to the Gas Industry

The letter, dated February 25, just one day after Vladimir Putin’s forces launched their assault on Ukraine, noted the “dangerous juncture” of the moment before segueing into a list of demands: more drilling on US public lands; the swift approval of proposed gas export terminals; and pressure on the Federal Energy Regulatory Commission, an independent agency, to greenlight pending gas pipelines.

Much of the new gas infrastructure won’t be operational for several years, which may be beyond the timeframe of the Russia-Ukraine conflict that has squeezed supplies and caused gas prices to spike. So much LNG export is planned or under construction, adding up to about half of all total US gas production, that it will probably cause gas prices to climb for domestic American users, according to Clark Williams-Derry, analyst at the Institute for Energy Economics and Financial Analysis

“It’s beginning to eat into the amount of gas available to domestic consumers,” said Williams-Derry. “We will see very severe impacts on domestic US gas prices. We will see the impacts for as long as the eye can see.”

Why G7’s Program for Developing Countries is Still No Match for China’s Belt & Road

Samizdat – 28.06.2022

The G7 on 26 June re-launched its previous Build Back Better World program to provide infrastructure funds to poor and developing nations under a new name, the Global Investment and Infrastructure Partnership. The project aims to compete with China’s Belt and Road Initiative kicked off by Beijing in 2013.

Why G7’s Program for Developing Countries is Still No Match for China’s Belt & Road

Elon Musk Is Not a Renegade Outsider – He’s a Massive Pentagon Contractor

Elon Musk’s proposed takeover of Twitter has ruffled many feathers among professional commentators. “Musk is the wrong leader for Twitter’s vital mission,” read one Bloomberg headline. The network also insisted, “Nothing in the Tesla CEO’s track record suggests he will be a careful steward of an important media property.” “Elon Musk is the last person who should take over Twitter,” wrote Max Boot in The Washington Post, explaining that “[h]e seems to believe that on social media anything goes. For democracy to survive, we need more content moderation, not less.” The irony of outlets owned by Michael Bloomberg and Jeff Bezos warning of the dangers of permitting a billionaire oligarch to control our media was barely commented upon.

Elon Musk Is Not a Renegade Outsider – He’s a Massive Pentagon Contractor