US Middle Class Still Suffering from Rockefeller-Kissinger Industrial Transfer Scheme to China Dick Eastman The Truth HoundWhen Henry Kissinger and David Rockefeller met with Zhou Enlai in China in 1973 just after President Richard Nixon had visited China establishing official relations an understanding was reached whereby the U.S. would supply industrial capital and know-how to China.In return Kissinger-connected corporations would gain the monopolistic advantage of low-cost labor production which could outcompete all U.S. domestic industry.The comparative advantage gained was being able to hire Chinese laborers who were ready to work hard at exceedingly low cost with no drugs, no alcohol, a strong work ethic, no unions, no paid benefits and weak environmental standards. And with such a large labor pool, burned out workers could simply be replaced. This gave the Rockefeller/Kissinger corporations a major edge over their domestic U.S. competitors who had to pay relatively high wages, high regulation costs, deal with union strikes and collective bargaining etc.Of course, the American consumer did not see greatly lowered prices commensurate with such greatly lowered labor costs. The $19.99 plastic action-figure toy marketed with a Hollywood movie still cost $19.99 even though it cost $12 to $15 to produce in the U.S. but less than $2.00 per copy to produce in China and transport to America s West Coast container ports for distribution throughout America.The consumer paid pretty much the old prices but the corporations split the monopoly profit with China s Princelings since it did not take much of a lowering of prices to drive high-wage, high-benefit, contracted-labor domestic corporations out of business (not to mention the environmental and workplace safety regulations with which domestic companies were saddled).  Then, Wal-Mart became a near-monopoly retailer that increased and reinforced the widespread selling of these off-shore manufactures.Thus, America s domestic producers were not simply being bested on one or another area of production; they were being bested across the entire spectrum of manufactured goods that American buy. It was anticipated that these domestic firms would fail, and their failure was hastened by the banks maintaining a deflationary domestic economy in the U.S. throughout the post Rockefeller-Kissinger-Zhou buildup of China and the degrading of American domestic manufacturing.Remember, the entire money supply of the U.S. is borrowed that is, the money co-created with a debt of an even bigger amount (principal plus compound interest) that must in due course be returned to the lender. But money in the domestic economy was going to multinational corporations and to China, while also going to taxes to pay on the national debt that resulted [NOTE: Due to U.S. industrial depletion, federal revenue receipts as well as the tax-take of state and local governments, shrunk, resulting in greater government borrowing and therefore greater public debts TRUTH HOUND note].  And of course, compound interest was attached to that debt.Rockefeller and Kissinger were (and to some extent still are) at war with middle-class America with intelligent, self-supporting, self-respecting, ambitious, industrious citizens who always pose the greatest threat in the form of populist politics to the bankers and their Bank-of-England/East-India-Company/Rothschild monetary and trade system, the very system that Rockefeller and Kissinger were representing and expanding when they visited Zhou Enlai.So here we are in 2016 and newly elected President Donald J. Trump says he intends to place a tariff on goods imported from China, while the media decries the tariff proposal as a violation of  long-standing liberal free-trade policies. One more thing in defense of who I believe was a great president and a warning for the new one.Richard Nixon opened China believing in peaceful co-existence and the fact that if given time for a fair comparison of how free-enterprise and representative government functions in contrast to the communist planned economy, that the U.S. model would win out over a system where each receives what the state deems he needs and where work is ordered by the state.But of course Kissinger and Rockefeller instigated the Watergate coup against Nixon a frame-up with John Dean and Kissinger as the real  Deep Throats  by my deductions from public information so that the Rockefeller/Kissinger plans for China s industrialization and America s deindustrialization could proceed unopposed, as it certainly did after Nixon resigned to avoid a constitutional crisis that would hinder the proper working of government.Nixon should have fought them because they were about to take a financial axe to this country as soon as Nixon was gone.  When Nixon was gone, they first robbed the middle-class of their savings with banker Paul Volcker s  QE  (quantitative easing) bond purchases at the New York Federal Reserve branch. Then, when that was accomplished, America s savings-and-loans were cast into crisis (because they had been taking in money short-term at 3% and lending long-term at 6%). This helped force the deregulation of banking to Rockefeller advantage after which Volcker moved to become Federal Reserve Chairman in control of the discount rate. With that lever of power that sets the interest-rate framework of the nation, Volcker inaugurated the tight-money (deflation) policy that has persisted to this day, making it very hard for firms to invest in automation to combat the cost advantage of Chinese subsistence labor.Japan was hit with deflation too   they were going to provide us with the robots.  THE WHOLE THING WAS A GREAT PLAN AGAINST US, COORDINATED AT EVERY LEVEL, WITH EVERY INSTITUTION, FROM THE NEWS TALKING ABOUT HOW THE LEVERAGED BUY-OUTS OCCURING IN THE DEFLATION WERE MAKING US  LEAN AND MEAN,  WHEN IN FACT THEY WERE TEARING OUT THE GUTS OF AMERICAN PRODUCTION.  And the news media and the economics and business administration courses in colleges sung the praises of international free trade and the  efficiency of markets  nonstop.I watched it all from a pretty good seat on the sidelines, but of course I was marginalized as just another excess white person who needed to stand aside so that blacks and women could have their fair chance.  And who could argue with that?  So I took to the internet to see what effect I could have simply speaking as a citizen, where I ve met encountered considerable abuse and ridicule, which certainly makes it unpleasant to try and be the  Paul Revere  awakening the good citizens.I do wish President Donald Trump the best. But let us make sure that none of the neo-conservatives he is taking into his administration are really  Kissingers  beholden to Goldman-Sachs CEO Lloyd Blankfein.  Beware of new Watergates.Washington writer Dick Eastman taught economics at Texas A & M University and also studied the behavorial sciences.READ MORE CHINA NEWS AT: 21st Century Wire China FilesMiddle-east
us middle class still suffering industrial transfer scheme china dick eastern the truth houndwhen henry kissing david rockefeller met hou nla china president richard nixon visited china establishing official relations understanding reached whereby would supply industrial capital return corporations would gain monopolistic advantage labor production could outcompete domestic comparative advantage gained able hire chinese laborers ready work hard exceedingly low cost drugs alcohol strong work ethic unions paid benefits weak environmental standards and large labor pool burned workers could simply replaced this gave corporations major edge domestic competitors pay relatively high wages high regulation costs deal union strikes collective bargaining course american consumer see greatly lowered prices commensurate greatly lowered labor costs the plastic toy marketed hollywood movie still cost even though cost produce less per copy produce china transport america west coast container ports distribution throughout consumer paid pretty much old prices corporations split monopoly profit china princelings since take much lowering prices drive domestic corporations business mention environmental workplace safety regulations domestic companies saddle then became retailer increased reinforced widespread selling america domestic producers simply tested one another area production tested across entire spectrum manufactured goods american buy it anticipated domestic firms would fail failure hastened banks maintaining deflationary domestic economy throughout post buildup china degrading american domestic entire money supply borrowed money debt even bigger amount principal plus compound interest must due course returned lender but money domestic economy going multinational corporations china also going taxes pay national debt resulted note due industrial depletion federal revenue receipts well state local governments shrunk resulting greater government borrowing therefore greater public debts truth hound note and course compound interest attached kissing extent still war america intelligent ambitious industries citizens always pose greatest threat form populist politics bankers monetary trade system system rockefeller kissing representing expanding visited hou newly elected president donald trump says intends place tariff goods imported china media decrees tariff proposal violation liberal policies one thing defense i believe great president warning new nixon opened china believing peaceful fact given time fair comparison representative government functions contrast communist planned economy model would win system receives state deems needs work ordered course kissing rockefeller instigated watergate coup nixon john dean kissing real deep throats deductions public information plans china industrialization america industrialization could proceed unopposed certainly nixon resigned avoid constitutional crisis would hinder proper working fought take financial axe country soon nixon gone when nixon gone first robbed savings banker paul locker qe quantitative easing bond purchases new york federal reserve branch then accomplished america cast crisis taking money lending this helped force deregulation banking rockefeller advantage locker moved become federal reserve chairman control discount rate with lever power sets framework nation locker inaugurated deletion policy persisted day making hard firms invest automation combat cost advantage chinese subsistence hit deletion going provide us robots the whole thing was a great plan against us coordinated at every level with every institution from the news talking about how the leveraged occurring in the deletion were making us lean and mean when in fact they were tearing out the guts of american production and news media economics business administration courses colleges sung praises international free trade efficiency markets watched pretty good seat sidelines course i marginalized another excess white person needed stand aside blacks women could fair chance and could argue so i took internet see effect i could simply speaking citizen i met encountered considerable abuse ridicule certainly makes unpleasant try paul revert awakening good wish president donald trump best but let us make sure none taking administration really kissingers behold ceo lloyd blankfein beware new writer dick eastern taught economics texas a m university also studied behavioral more china news at century wire china
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: US Middle Class Still Suffering from Rockefeller-Kissinger Industrial Transfer Scheme to China Dick Eastman The Truth HoundWhen Henry Kissinger and David Rockefeller met with Zhou Enlai in China in 1973 just after President Richard Nixon had visited China establishing official relations an understanding was reached whereby the U.S. would supply industrial capital and know-how to China.In return Kissinger-connected corporations would gain the monopolistic advantage of low-cost labor production which could outcompete all U.S. domestic industry.The comparative advantage gained was being able to hire Chinese laborers who were ready to work hard at exceedingly low cost with no drugs, no alcohol, a strong work ethic, no unions, no paid benefits and weak environmental standards. And with such a large labor pool, burned out workers could simply be replaced. This gave the Rockefeller/Kissinger corporations a major edge over their domestic U.S. competitors who had to pay relatively high wages, high regulation costs, deal with union strikes and collective bargaining etc.Of course, the American consumer did not see greatly lowered prices commensurate with such greatly lowered labor costs. The $19.99 plastic action-figure toy marketed with a Hollywood movie still cost $19.99 even though it cost $12 to $15 to produce in the U.S. but less than $2.00 per copy to produce in China and transport to America s West Coast container ports for distribution throughout America.The consumer paid pretty much the old prices but the corporations split the monopoly profit with China s Princelings since it did not take much of a lowering of prices to drive high-wage, high-benefit, contracted-labor domestic corporations out of business (not to mention the environmental and workplace safety regulations with which domestic companies were saddled).  Then, Wal-Mart became a near-monopoly retailer that increased and reinforced the widespread selling of these off-shore manufactures.Thus, America s domestic producers were not simply being bested on one or another area of production; they were being bested across the entire spectrum of manufactured goods that American buy. It was anticipated that these domestic firms would fail, and their failure was hastened by the banks maintaining a deflationary domestic economy in the U.S. throughout the post Rockefeller-Kissinger-Zhou buildup of China and the degrading of American domestic manufacturing.Remember, the entire money supply of the U.S. is borrowed that is, the money co-created with a debt of an even bigger amount (principal plus compound interest) that must in due course be returned to the lender. But money in the domestic economy was going to multinational corporations and to China, while also going to taxes to pay on the national debt that resulted [NOTE: Due to U.S. industrial depletion, federal revenue receipts as well as the tax-take of state and local governments, shrunk, resulting in greater government borrowing and therefore greater public debts TRUTH HOUND note].  And of course, compound interest was attached to that debt.Rockefeller and Kissinger were (and to some extent still are) at war with middle-class America with intelligent, self-supporting, self-respecting, ambitious, industrious citizens who always pose the greatest threat in the form of populist politics to the bankers and their Bank-of-England/East-India-Company/Rothschild monetary and trade system, the very system that Rockefeller and Kissinger were representing and expanding when they visited Zhou Enlai.So here we are in 2016 and newly elected President Donald J. Trump says he intends to place a tariff on goods imported from China, while the media decries the tariff proposal as a violation of  long-standing liberal free-trade policies. One more thing in defense of who I believe was a great president and a warning for the new one.Richard Nixon opened China believing in peaceful co-existence and the fact that if given time for a fair comparison of how free-enterprise and representative government functions in contrast to the communist planned economy, that the U.S. model would win out over a system where each receives what the state deems he needs and where work is ordered by the state.But of course Kissinger and Rockefeller instigated the Watergate coup against Nixon a frame-up with John Dean and Kissinger as the real  Deep Throats  by my deductions from public information so that the Rockefeller/Kissinger plans for China s industrialization and America s deindustrialization could proceed unopposed, as it certainly did after Nixon resigned to avoid a constitutional crisis that would hinder the proper working of government.Nixon should have fought them because they were about to take a financial axe to this country as soon as Nixon was gone.  When Nixon was gone, they first robbed the middle-class of their savings with banker Paul Volcker s  QE  (quantitative easing) bond purchases at the New York Federal Reserve branch. Then, when that was accomplished, America s savings-and-loans were cast into crisis (because they had been taking in money short-term at 3% and lending long-term at 6%). This helped force the deregulation of banking to Rockefeller advantage after which Volcker moved to become Federal Reserve Chairman in control of the discount rate. With that lever of power that sets the interest-rate framework of the nation, Volcker inaugurated the tight-money (deflation) policy that has persisted to this day, making it very hard for firms to invest in automation to combat the cost advantage of Chinese subsistence labor.Japan was hit with deflation too   they were going to provide us with the robots.  THE WHOLE THING WAS A GREAT PLAN AGAINST US, COORDINATED AT EVERY LEVEL, WITH EVERY INSTITUTION, FROM THE NEWS TALKING ABOUT HOW THE LEVERAGED BUY-OUTS OCCURING IN THE DEFLATION WERE MAKING US  LEAN AND MEAN,  WHEN IN FACT THEY WERE TEARING OUT THE GUTS OF AMERICAN PRODUCTION.  And the news media and the economics and business administration courses in colleges sung the praises of international free trade and the  efficiency of markets  nonstop.I watched it all from a pretty good seat on the sidelines, but of course I was marginalized as just another excess white person who needed to stand aside so that blacks and women could have their fair chance.  And who could argue with that?  So I took to the internet to see what effect I could have simply speaking as a citizen, where I ve met encountered considerable abuse and ridicule, which certainly makes it unpleasant to try and be the  Paul Revere  awakening the good citizens.I do wish President Donald Trump the best. But let us make sure that none of the neo-conservatives he is taking into his administration are really  Kissingers  beholden to Goldman-Sachs CEO Lloyd Blankfein.  Beware of new Watergates.Washington writer Dick Eastman taught economics at Texas A & M University and also studied the behavorial sciences.READ MORE CHINA NEWS AT: 21st Century Wire China FilesMiddle-east
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: us middle class still suffering industrial transfer scheme china dick eastern the truth houndwhen henry kissing david rockefeller met hou nla china president richard nixon visited china establishing official relations understanding reached whereby would supply industrial capital return corporations would gain monopolistic advantage labor production could outcompete domestic comparative advantage gained able hire chinese laborers ready work hard exceedingly low cost drugs alcohol strong work ethic unions paid benefits weak environmental standards and large labor pool burned workers could simply replaced this gave corporations major edge domestic competitors pay relatively high wages high regulation costs deal union strikes collective bargaining course american consumer see greatly lowered prices commensurate greatly lowered labor costs the plastic toy marketed hollywood movie still cost even though cost produce less per copy produce china transport america west coast container ports distribution throughout consumer paid pretty much old prices corporations split monopoly profit china princelings since take much lowering prices drive domestic corporations business mention environmental workplace safety regulations domestic companies saddle then became retailer increased reinforced widespread selling america domestic producers simply tested one another area production tested across entire spectrum manufactured goods american buy it anticipated domestic firms would fail failure hastened banks maintaining deflationary domestic economy throughout post buildup china degrading american domestic entire money supply borrowed money debt even bigger amount principal plus compound interest must due course returned lender but money domestic economy going multinational corporations china also going taxes pay national debt resulted note due industrial depletion federal revenue receipts well state local governments shrunk resulting greater government borrowing therefore greater public debts truth hound note and course compound interest attached kissing extent still war america intelligent ambitious industries citizens always pose greatest threat form populist politics bankers monetary trade system system rockefeller kissing representing expanding visited hou newly elected president donald trump says intends place tariff goods imported china media decrees tariff proposal violation liberal policies one thing defense i believe great president warning new nixon opened china believing peaceful fact given time fair comparison representative government functions contrast communist planned economy model would win system receives state deems needs work ordered course kissing rockefeller instigated watergate coup nixon john dean kissing real deep throats deductions public information plans china industrialization america industrialization could proceed unopposed certainly nixon resigned avoid constitutional crisis would hinder proper working fought take financial axe country soon nixon gone when nixon gone first robbed savings banker paul locker qe quantitative easing bond purchases new york federal reserve branch then accomplished america cast crisis taking money lending this helped force deregulation banking rockefeller advantage locker moved become federal reserve chairman control discount rate with lever power sets framework nation locker inaugurated deletion policy persisted day making hard firms invest automation combat cost advantage chinese subsistence hit deletion going provide us robots the whole thing was a great plan against us coordinated at every level with every institution from the news talking about how the leveraged occurring in the deletion were making us lean and mean when in fact they were tearing out the guts of american production and news media economics business administration courses colleges sung praises international free trade efficiency markets watched pretty good seat sidelines course i marginalized another excess white person needed stand aside blacks women could fair chance and could argue so i took internet see effect i could simply speaking citizen i met encountered considerable abuse ridicule certainly makes unpleasant try paul revert awakening good wish president donald trump best but let us make sure none taking administration really kissingers behold ceo lloyd blankfein beware new writer dick eastern taught economics texas a m university also studied behavioral more china news at century wire china