China Could Buy The World -- Why Fight for Oil When U can OWN It?

I went to a seminar on China sponsored by the Greater Houston Partnership. The numbers were amazing. U.S. growth rate: 3%. China’s: Over 10%. We have trillions in debt. China has $1.4 TRILLION in Surplus!

One speaker made the point that China is shopping the world for resources. They could BUY the entire copper industry for about $70 billion and have tons of cash left over. They are buying up oil reserves, coal, you name it. They can afford it. They have a Plan. If our leadership has a plan, I’d like to know what it is. The Chinese don't have to start a war to own the world's natural resources. They can now BUY it. It's a lot easier and less costly than a war.

A friend of mine is a retired NASA astronaut. He has met the Chinese space folks and was impressed. The U.S. has pushed away the Chinese from the International Space Station (ISS). This is goofy policy and will not help us. Keeping them away didn’t keep China from using its own scientists to become only the third country on the planet to put people in space. Best to bring them into the ISS “tent” to be part of the team instead of a potential rogue space nation.

What is strange about the Pat Tilman death in Afghanistan is WHY did they BURN his uniform? That just seems bizarre and un-professional and disrespectful of a soldier killed under any circumstances.

Boris Yeltsin has passed. He wasn’t perfect but he did get democracy rolling in a country that had nothing but dictators like Stalin. Russia today is a far better place because of Boris Yeltsin. Who care that he had some fun, drank some and danced with the band members. It made him more human and that is a small price to pay for an entire population earning its freedom. Today’s Russians are far richer and happier than the old days of scarcity, endless lines and stale bread. With his passing, we have lost another “Redwood” in the forest.

This country needs a global strategy if it is going to stay in the game this century with our enormous deficits, the competition of India and China for fuel, etc.…but that’s another subject for another time.