Plan B: Chinese dumping dollars must be considered an act of Economic War and treated as such. Instant Boycott of all Chinese imports. Confiscation of all Chinese assets in America. Let the world freak out. Let the dollar plunge overseas. It would be the best thing to happen! America would be essentially a self-contained market. We will have to re-indurialize. We will have to cut the socialistic “luxury” of a Safety Net that has become a Safety Mattress, for corporations and individuals. We will not get plums and cherries from Chile in the depth of winter. We will survive. We will be forced to jettison all the crapola about Global Worming, and utilize our huge God given Coal supplies. Yes, we can cut true pollutants that cause acid rain, and smog. BUT we need not pretend that CO2 is “dangerous.”
We will have no ability to pay for Middle East oil. So, we will drill in Alaska, and off-shore, but not at ridiculously deep depths required by those who seek to increase the distance from shore of the platforms. We will have no strategic interests in the Persian Gulf. So, we bring the entire military back to the Atlantic and Pacific where WE belong. We impress upon Hugo Chavez that we are in a bad mood, and we have a huge Atlantic Ocean hegemonic fleet, (which we will when we split from the Persian Gulf). We ask the Chinese one time to politely remove themselves from Panama, and render its canal as a de facto US possession. All passage and operating and profits go to Panama. No change there. Only, we have a de facto power to arbitrarily control access to those we favor.
The World has taken for granted the USA too long. Let them eat oil, eat cheap lead painted toys and poison dog food! Let Euro Trash worry about the Persian Gulf. Arm Israel to the teeth, and after that take care of themselves. We, who worry, can emigrate and fight there.
Oh, Chile cannot sell us their winter fruit, tough. Lower the price to the levels that we can afford OR EAT IT!
In the rare cases where the American people have enough dollars to buy foreign goods, they are imported with a Tariff equal to what it costs to make them here. Chinese goods of course are boycotted entirely.
AS Abraham Lincoln said: ‘From whence shall we expect the approach of danger? Shall some trans-Atlantic military giant step the earth and crush us at a blow? Never. All the armies of Europe and Asia . . . could not by force take a drink from the Ohio River or make a track on the Blue Ridge in the trial of a thousand years. No, if destruction be our lot we must ourselves be its author and finisher. As a nation of free men we will live forever or die by suicide.”