{"id":31126,"date":"2008-12-11T01:01:01","date_gmt":"2011-05-19T03:00:24","guid":{"rendered":""},"modified":"2011-05-19T03:00:24","modified_gmt":"2011-05-19T03:00:24","slug":"how_the_chicoms_can_take_us_out2","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2008\/12\/11\/how_the_chicoms_can_take_us_out2\/","title":{"rendered":"How the ChiComs Can Take Us Out"},"content":{"rendered":"<section>\n<p><BR\/>RUSH: Ed Morrissey writing at HotAir.com: &#8221;Is China Now More Capitalist Than the US?\u2019 &#8212; In response to the financial crisis of 2008, the United States has responded by nationalizing industries and electing a president who promised to raise taxes on entrepreneurial efforts. China, the nominally Communist nation, has responded,\u2019 to its economic crisis, &#8216;by cutting business taxes to stimulate growth. Remind me which nation supposedly supports capitalism and free enterprise.\u2019 Here\u2019s the story: &#8216;China may soon cut business tax as part of its efforts to prop up the slowing economy amid the global financial crisis, state media reported on Tuesday. The government is &#8216;very likely\u2019 to soon cut the business tax for enterprises by one percentage point, the China Daily said, citing an unnamed source close to policymakers. China\u2019s current business tax varies from three to 20 per cent, boosting government revenue by 600 billion yuan (S$131 billion) last year, according to the paper. The news follows other state press reports last week that Beijing was planning to cut business tax for commercial banks &#8212; possibly to three percent from the current five percent, to help improve their capital adequacy.\u2019<\/line><BR\/> <\/line><BR\/><img loading=\"lazy\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125113.Par.89380.ImageFile.jpg\" width=\"373\" height=\"262\" class=\"alignright\"\/>So, &#8216;While China improves its business climate by lowering the burden of state confiscation, the US plans to increase it, and in some cases by a significant amount. Meanwhile, the House last night voted 237-170 to sink $15 billion into the American auto industry, with government officially owning part of three private auto makers in order to dictate to management how to run their businesses.\u2019 And in a shocking saddening reality, &#8216;Management welcomed the move, and in fact wanted Congress to buy an even bigger stake in these companies. Which nation is capitalist? And which is Socialist? And which party is more of one than the other? It\u2019s hard to tell, since 32 Republicans voted for partial nationalization, and 20 Democrats voted against it. Perhaps Senate Republicans can make the distinction a little more clear with a filibuster to block this new direction in American economics.\u2019<\/line><\/p>\n<p>Mr. Morrissey concludes, he\u2019s exactly right, &#8216;When one looks to Beijing for rational tax policies &#8230; well, that\u2019s just a sad day for Americans, even if it does portend a brighter future for China.\u2019 Now, given all of this, here is what China should do to finish us off. You heard me right. Here is what China should do to finish us off. China should say to Barack Obama, &#8216;If you, United States, will sign a strong Kyoto treaty, and if you will pass a cap-and-trade system to help these emissions and save the planet, then we, the ChiComs, will, too.\u2019 The ChiComs could solemnly declare that global warming is the world\u2019s number one and only problem and promise its commitment to the issue. Forget India. If the United States will do these two simple things, the ChiComs could say, &#8216;Then so will we, the Chinese.\u2019 And of course Obama has been pointing to China and, you know, during the Olympics, (doing Obama impression) &#8216;Well, I really think we have a lot to learn from China, all that infrastructure, really, really good infrastructure.\u2019 He looks at China, he sees the wrong things. I\u2019m serious.<\/p>\n<p>If the ChiComs want to bury us, if they want to end us once and for all, they can do two things. They can come out as the biggest supporters of cap-and-trade and the Kyoto accords and tell Barack Obama that if he\u2019ll go along with it and get this treaty signed and so forth and get it ratified in the Senate, that the ChiComs will do the same thing, and we all know one thing. The United States would then go belly up. ChiComs would not. ChiComs will not live up to the treaty. We will, because Obama can\u2019t wait to do it anyway. Obama can\u2019t wait to do all this stuff. If the Chinese really want to finish us off, all they gotta do is play right into Obama\u2019s stated desires when it comes to the environment. Then after they do that they could call all the Treasury debt that they own. If you think the ChiComs would not like to take us out, particularly without firing a shot, if you think the rest of the world would not like to take out what they think is the lone remaining superpower &#8212; &#8216;But, Rush, but, Rush, don\u2019t they need our economy?\u2019 In the state it\u2019s in now? You don\u2019t think the ChiComs would like to become the economy we are? You don\u2019t think a lot of other countries would like to become the economy we are? <\/p>\n","protected":false},"excerpt":{"rendered":"<p>RUSH: Ed Morrissey writing at HotAir.com: &#8221;Is China Now More Capitalist Than the US?\u2019 &#8212; In response to the financial crisis of 2008, the United States has responded by nationalizing industries and electing a president who promised to raise taxes on entrepreneurial efforts. China, the nominally Communist nation, has responded,\u2019 to its economic crisis, &#8216;by [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How the ChiComs Can Take Us Out - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/admin.rushlimbaugh.com\/daily\/2008\/12\/11\/how_the_chicoms_can_take_us_out2\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"How the ChiComs Can Take Us Out - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: Ed Morrissey writing at HotAir.com: &#8221;Is China Now More Capitalist Than the US?\u2019 &#8212; In response to the financial crisis of 2008, the United States has responded by nationalizing industries and electing a president who promised to raise taxes on entrepreneurial efforts. China, the nominally Communist nation, has responded,\u2019 to its economic crisis, &#8216;by [&hellip;]\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125113.Par.89380.ImageFile.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/#website\",\"url\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/\",\"name\":\"The Rush Limbaugh Show\",\"description\":\"Excellence In Broadcasting\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2008\/12\/11\/how_the_chicoms_can_take_us_out2\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125113.Par.89380.ImageFile.jpg\",\"contentUrl\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125113.Par.89380.ImageFile.jpg\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2008\/12\/11\/how_the_chicoms_can_take_us_out2\/#webpage\",\"url\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2008\/12\/11\/how_the_chicoms_can_take_us_out2\/\",\"name\":\"How the ChiComs Can Take Us Out - The Rush Limbaugh Show\",\"isPartOf\":{\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2008\/12\/11\/how_the_chicoms_can_take_us_out2\/#primaryimage\"},\"datePublished\":\"2011-05-19T03:00:24+00:00\",\"dateModified\":\"2011-05-19T03:00:24+00:00\",\"author\":{\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/#\/schema\/person\/911066e449df26406b107ca78cbbde0b\"},\"breadcrumb\":{\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2008\/12\/11\/how_the_chicoms_can_take_us_out2\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/admin.rushlimbaugh.com\/daily\/2008\/12\/11\/how_the_chicoms_can_take_us_out2\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2008\/12\/11\/how_the_chicoms_can_take_us_out2\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How the ChiComs Can Take Us Out\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/#\/schema\/person\/911066e449df26406b107ca78cbbde0b\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f18195e0073013fa0e16b040686c2924?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f18195e0073013fa0e16b040686c2924?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"url\":\"https:\/\/www.rushlimbaugh.com\/daily\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How the ChiComs Can Take Us Out - The Rush Limbaugh Show","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/admin.rushlimbaugh.com\/daily\/2008\/12\/11\/how_the_chicoms_can_take_us_out2\/","twitter_card":"summary","twitter_title":"How the ChiComs Can Take Us Out - The Rush Limbaugh Show","twitter_description":"RUSH: Ed Morrissey writing at HotAir.com: &#8221;Is China Now More Capitalist Than the US?\u2019 &#8212; In response to the financial crisis of 2008, the United States has responded by nationalizing industries and electing a president who promised to raise taxes on entrepreneurial efforts. 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