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A Journal for Western Man |
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Very few
people realize that China is one of the biggest
beneficiaries of American taxpayer subsidies.
Thanks to the largesse of Congress and the
President, China enjoys subsidized trade and the
flow of US tax dollars into Beijing's coffers. I offered
an amendment before the House of Representatives
last month that would have ended the $4 billion
subsidy our nation quietly gives China through the
US government's Export-Import Bank. The bank
underwrites the purchases of goods and services by
the Chinese government and others around the world.
Unfortunately, only a minority of Democrats or
Republicans supported my measure. Apparently, many
members of Congress are happy to bash China, but
don’t mind lending her U.S. taxpayer money at
sweetheart interest rates. Some of
your money went to fund a nuclear power plant in
Shanghai owned by the China National Nuclear
Corporation, a state-run company. Many US-based
multinational corporations benefit directly from
Export-Import Bank subsidies to China, including
Boeing, Westinghouse, and McDonnell Douglas. So
it’s not hard to understand that business trumps the
feelgood rhetoric condemning China. There is no
constitutional authority for Congress to make loans
to any country, and certainly no basis for giving
away the hard-earned cash of Americans to communist
leaders who brutalize their women and children with
forced abortions, and persecute Christians for their
faith.
In reality,
there is very little the federal government can do
about conditions in China. Under our Constitution,
the federal government simply does not have the
authority to point a gun at Chinese leaders and
force them to respect the principles of liberty. It
just doesn't work that way.
I believe that by engaging the Chinese people, opening personal dialogue, and seeking to change their hearts and minds, we soon will see that regime collapse. The laws of economics dictate that a communist system cannot stand for long. But in the same way, I firmly believe there is a higher law which dictates that people exposed to the principles of liberty will not for long allow themselves to remain shackled to an oppressive government. Economic freedom, i.e. capitalism, now has a strong foothold in China. The Chinese people may soon demand political, religious, and personal freedom as well. But in the meantime let’s stop sending tax dollars to support a government we claim to despise. This article originally appeared on Ron Paul's Congressional Home Page. It is reprinted with his permission. Congressman Ron Paul of Texas enjoys a national reputation as the premier advocate for liberty in politics today. Dr. Paul is the leading spokesman in Washington for limited constitutional government, low taxes, free markets, and a return to sound monetary policies based on commodity-backed currency. He is known among both his colleagues in Congress and his constituents for his consistent voting record in the House of Representatives: Dr. Paul never votes for legislation unless the proposed measure is expressly authorized by the Constitution. To learn more about Congressman Ron Paul visit his Congressional Home Page. This TRA feature has been edited in accordance with TRA’s Statement of Policy. Click here to return to TRA's Issue LXX Index. Learn about Mr. Stolyarov's novel, Eden against the Colossus, here. Read Mr. Stolyarov's new comprehensive treatise, A Rational Cosmology, explicating such terms as the universe, matter, space, time, sound, light, life, consciousness, and volition, at http://www.geocities.com/rational_argumentator/rc.html.
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