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Speaker 1: Now here's a highlight from Coast to Coast AM on iHeartRadio.

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Speaker 2: And welcome back to Coast to Coast George, and or

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Speaker 2: are with you, Michael McCarthy with us follow the money?

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Speaker 2: How China bought the world and they bought it in

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Speaker 2: a big, big way. And are there any regrets by

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Speaker 2: US corporations or are they glad they did what they did?

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Speaker 3: Michael, Well, I haven't heard of any regrets. As a

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Speaker 3: matter of fact, when I had a break there, I've

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Speaker 3: actually found a note that I wanted to share about

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Speaker 3: who are the corporations that who were the first to

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Speaker 3: jump on this and move all of their jobs over

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Speaker 3: to China. So it goes back to nineteen eighty when

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Speaker 3: the US Congress passed a trade agreements conferring most Favored

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Speaker 3: Nation status on China, and so first into the frame

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Speaker 3: we're corporate brands such as Heinz RJ. Reynolds, to Coca Cola,

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Speaker 3: American Express, American Motors, General Food, to Let, Epsi Cola, Desman,

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Speaker 3: Kodak At and T Navesco, Bell South. Lots more information

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Speaker 3: in the book. However, over the last thirty years, American

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Speaker 3: companies have managed to lower their costs of manufacturing by

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Speaker 3: eighty seven percent by shipping all of these good American

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Speaker 3: jobs over to China. Since that time, annual average wages

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Speaker 3: for the blue collar job in North America have decreased

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Speaker 3: ten percent, while income for the top corporate executives who

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Speaker 3: designed the scheme and financed it have risen over nine

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Speaker 3: hundred percent. Wow. The average wage for a top American

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Speaker 3: corporate executives now just under seventeen million dollars a year,

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Speaker 3: while the average American makes less now than they did

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Speaker 3: thirty years ago.

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Speaker 2: In nineteen ninety seven, after one hundred and fifty six years,

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Speaker 2: Britain gave up Hong Kong to China. Was that a disaster?

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Speaker 2: Did they have to do that?

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Speaker 3: Yes, it was legal. Britain is the civilized country. They

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Speaker 3: had an agreement. They gave it back in nineteen ninety seven.

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Speaker 3: But while Hong Kong is indeed the crown jewel of

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Speaker 3: the for East, the financial capital of the Asia, the CCP,

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Speaker 3: the Communist Party in China, has far bigger mister fry.

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Speaker 3: Right now, they are making very serious threats about invading Taiwan,

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Speaker 3: a modern, highly civilized country of democracy that cranks out

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Speaker 3: most of the world's microchips, and boy did the Chinese

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Speaker 3: want that country.

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Speaker 2: If they go for it, will it be a military action?

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Speaker 2: What will they do in Europe?

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Speaker 3: Well, if I can backtrack just a minute or two,

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Speaker 3: it's going to tell listeners earlier about my trip to

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Speaker 3: Taiwan where I went to a little a place called

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Speaker 3: kim Min Island, who's formerly known as Kimoi, and that's

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Speaker 3: where Mao tried to invade Taiwan. The first place, laid

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Speaker 3: down one heck of a lot of artillery fire for

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Speaker 3: an extended period of time, and Taiwanese built an entire

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Speaker 3: city underground, which I was invited to tourists as a

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Speaker 3: tourist attraction. And that's where I found out that the

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Speaker 3: Communists were trying to invade Taiwan. And the only reason

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Speaker 3: they didn't make it is that one of these days

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Speaker 3: the US six fleet showed up and said, thou shalt

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Speaker 3: not pass stop right there. So these days the US

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Speaker 3: lead is over there and right now, in the last

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Speaker 3: couple of months, the Chinese have been cutting off ships

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Speaker 3: and having near misses with planes, you know, rattling sabers,

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Speaker 3: and the question comes down to whether or not they're

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Speaker 3: actually going to follow through. But you know, Glad the

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Speaker 3: poisoner in Russia somehow just attacked Ukraine. So you know,

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Speaker 3: is it possible for one country to do this to another? Yes,

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Speaker 3: it is.

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Speaker 2: Then I think the Chinese are watching our reaction to

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Speaker 2: the Ukrainian situation.

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Speaker 3: Oh absolutely, And not just that, they're watching everything. If

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Speaker 3: you show a sign of weakness in negotiations with the Chinese,

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Speaker 3: so they'll pounce on it. And they're just testing all

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Speaker 3: the time to see how much people will back up

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Speaker 3: and how far. And so far here in Canada they've

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Speaker 3: made huge inroads into our economy and political system and

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Speaker 3: we're just finally living to wake up and put our

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Speaker 3: foot down and say stop doing this stuff. I don't

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Speaker 3: know the exact situation in America today, but I begin

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Speaker 3: thinks you're beginning to understand, and the listeners are starting

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Speaker 3: to understand just how far the Chinese have proceeded over

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Speaker 3: the course of time to the point now where they've

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Speaker 3: taken the gloves off and they're just saying, no more

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Speaker 3: soft power. It's going to be hard power. And in

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Speaker 3: the Ukraine, our good friend mister Putin is threatening to

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Speaker 3: use nuclear weapons of some sort, and the People's Liberation

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Speaker 3: Army has said the same thing. A commander said last year.

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Speaker 3: If America gets in the way, we'll go nuclear.

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Speaker 2: Interesting take just yesterday she took credit for stopping Putin

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Speaker 2: from using nukes in Ukraine.

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Speaker 3: Well, I don't know about radioactivity or how old anybody

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Speaker 3: listening to this is, But when I was a kid,

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Speaker 3: we had the Cuban missile crisis. And now in school,

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Speaker 3: every day we had to hide.

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Speaker 2: Under our desks nineteen sixty two.

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Speaker 3: Yeah, we had to learn all about radioactivity. And you

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Speaker 3: know these days people are going to start buying gas

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Speaker 3: masks pretty soon. I wouldn't put anything past Putin, and

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Speaker 3: I certainly wouldn't put anything past she Jim King. If

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Speaker 3: he threatens to do something, well best to take it cherously.

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Speaker 2: I was going to ask you about you what kind

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Speaker 2: of a leader is he?

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Speaker 3: Well, it's obviously very clever. I wish I had done

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Speaker 3: as much research on him as I had done on Mao.

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Speaker 3: But they say, you know that power is a narcotic,

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Speaker 3: and ultimate power is the ultimate narcotic. And people who

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Speaker 3: get into positions of extreme power like that, well you know,

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Speaker 3: sometimes it goes to their head.

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Speaker 2: He just got named again. Or something like that, didn't.

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Speaker 3: He I don't know. But anyway, one of the questions

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Speaker 3: I was thinking about talking about was this book anything

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Speaker 3: to do with a conspiracy? In fact, I don't use

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Speaker 3: that phrase in the book. I use the phrase secret society.

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Speaker 3: And most certainly, while we have Shi jinping and comments

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Speaker 3: on one side, we have people on our side of

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Speaker 3: the fence who are also doing things that can be

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Speaker 3: called secret, unethical, illegal, and.

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Speaker 2: Dangerous just as bad.

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Speaker 3: Have you ever heard of skull and Bones?

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Speaker 2: We sure have Yale University.

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Speaker 3: Yeah. Well, when you start tracking the history and getting

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Speaker 3: the names, it's a bit scary, indeed, that such a

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Speaker 3: small group of people who would exert such tremendous power.

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Speaker 3: George H. W. Bush was the first diplomatic representative to

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Speaker 3: the People's Republic of China in seventy three. He was

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Speaker 3: Scull and Bones. So was his father, brother, son, uncle, nephew,

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Speaker 3: and several countries. There are great, many other big names

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Speaker 3: that we can think of here, But except for the

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Speaker 3: Carter administration, every US ambassador debasing since Kissinger's Sacred deal

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Speaker 3: with Mao and seventy one was a member of the

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Speaker 3: same tiny cult. A mere coincidence.

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Speaker 2: I don't think so, Testill're still alive. If we were

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Speaker 2: able to talk to him, if you were able to

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Speaker 2: sit down with him, Michael, what would you ask him?

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Speaker 3: I'm sorry I missed too.

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Speaker 2: Kissinger is still alive, you know, if you're able to

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Speaker 2: sit down and ask him some questions, what would you

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Speaker 2: ask him?

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Speaker 3: Well, Somewhere in the book and I don't have it,

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Speaker 3: handy is a list of Kissinger's crimes against humanity, Aside

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Speaker 3: from carpet bombing Cambodia, which was secret to this day.

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Speaker 1: If you go to.

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Speaker 3: Cambodia, people are still walking around missing one leg and

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Speaker 3: helping the Argentine junta. The disappearance of all those dissonance

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Speaker 3: thrown out of helicopters into the ocean, the assassination of

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Speaker 3: Innochet and Chile, making secret deals with a shaw of

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Speaker 3: Iran that led to the Iranian Revolution. Everything that Kissinger

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Speaker 3: did backfire it and it was all done, most of

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Speaker 3: it done secretly. And I would you know, I don't

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Speaker 3: see the point in anyone talking to Kissinger, even if

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Speaker 3: he's one hundred years old. I'm reminded of a famous

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Speaker 3: quote from Mark Twain. Never argue with idiots. They'll drag

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Speaker 3: you down to their level and beat you with experience.

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Speaker 2: Of course, everything he did he did with Nixon's approval,

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Speaker 2: didn't he.

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Speaker 3: Well, yeah, it's a key dat in this book in

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Speaker 3: nineteen seventy one when Nixon, who was looking for an

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Speaker 3: image of improvement, and he Kissinger said, why don't we

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Speaker 3: turned you into a global statesperson. You know, we've been

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Speaker 3: fighting communism for all these years, but all of a sudden,

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Speaker 3: you know, we'll be buddy buddy, and hey, think of

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Speaker 3: all the money we can make.

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Speaker 2: Yep. Interesting take on all of that. If I recall,

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Speaker 2: wasn't it Nixon that got us out of Vietnam?

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Speaker 3: Well, there was something to do with fifty five thousand

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Speaker 3: young men being killed that was annoying a lot of people.

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Speaker 3: There was riots, and there was protests, and there was,

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Speaker 3: you know.

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Speaker 2: A war that should ever have happened. And the big

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Speaker 2: mistake we made as a country as we u took

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Speaker 2: it out on the troops when they came home, Michael,

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Speaker 2: wasn't their fault?

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Speaker 3: Well it's actually there's three main components to the book,

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Speaker 3: and the other two are a addiction and consumerism. And

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Speaker 3: you may recall that Heroin came to America through Vietnam

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Speaker 3: and and now, well, I'm not going to go back

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Speaker 3: to the beginning of the book. It's eighteen forty of

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Speaker 3: the Opium Wars, when Great Britain went bankrupt buying tea

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Speaker 3: from China. So they ran opium down the Chinese throats

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Speaker 3: and started the Opium War. And the Chinese don't think

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Speaker 3: I've ever forgiven us since, but they're getting the revenge

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Speaker 3: now direct of the world.

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Speaker 2: Fentanyl, Yes, another.

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Speaker 3: Sending us sentanyl. It's it's you know, Chiesi Inping has

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Speaker 3: been quoted as saying We're going to destroy Western democracy

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Speaker 3: in several different ways, but certainly drugs are one of them.

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Speaker 2: Well, he's right about that. I mean most of it

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Speaker 2: is made in China, imported into Mexico and then it

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Speaker 2: comes into the US and it's a it's a it's

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Speaker 2: a disaster.

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Speaker 3: Well, this is a little squid that's just slightly off

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Speaker 3: what we're talking about here. I just stumbled across us

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Speaker 3: a minute ago. I want to just read out a

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Speaker 3: paragraph here, you know, about opium and drugs. In late

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Speaker 3: two thousand and nine, a gentleman named Antonio Maria Costa,

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Speaker 3: the head of the United Nations Office on drugs and

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Speaker 3: Crime went on record to say that it was primarily

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Speaker 3: drug many that kept the American financial system afloat during

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Speaker 3: the two thousand and eight crisis, estimating that some three

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Speaker 3: hundred and fifty two billion dollars of drug profits had

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Speaker 3: been laundered via the major US banks during that time.

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Speaker 3: And that's pre sentinel. What could it be.

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Speaker 2: Now, absolutely well, with with fentanyl that's killing everybody, Yes,

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Speaker 2: it is what really As a journalist, you know, I

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Speaker 2: always like to back everything back up to the beginning,

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Speaker 2: and my question is why are these people doing all

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Speaker 2: these drugs when you know it can kill you?

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Speaker 3: And I think that if you look at what has

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Speaker 3: happened to the rust belt in the South with all

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Speaker 3: of the factories, everything from steel mills to furniture mills

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Speaker 3: to everything all closed and all those jobs gone. It

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Speaker 3: used to be that the great American dream was to

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Speaker 3: get a job, find a wife, buy a house, buy

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Speaker 3: a house, have a family. You got something to shoot for,

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Speaker 3: you got something. But these days, the cost of living.

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Speaker 3: I don't know about all of North America, but everywhere

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Speaker 3: I've been, well, here in Vancouver, you need to make

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Speaker 3: two hundred and fifty thousand dollars a year just to

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Speaker 3: qualify for a mortgage. So the idea, you know, the

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Speaker 3: idea of actually owning something, the American dream. I've heard

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Speaker 3: one activist talk to used the phrase death by despair.

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Speaker 3: I think that was a pretty good estimation of all

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Speaker 3: these people who have given up and the cost of

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Speaker 3: living has gone through the roof thanks to our deal

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Speaker 3: with China, certain people have gotten healthy, rich, and the

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Speaker 3: middle class is disappearing, and we have a huge underclass

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Speaker 3: of people that never used to exist.

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Speaker 2: When does China make its move on Taiwan?

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Speaker 3: Michael, You know, I went to the Taiwan consulate in

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Speaker 3: Vancouver today to talk to the new director there. I've

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Speaker 3: been invited by the last three to come and chat,

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Speaker 3: and I want to talk to her again and say, look,

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Speaker 3: you know, I've been to Taiwan many times and the

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Speaker 3: difference between Taiwan and the Ukraine is a Ukrainian doy.

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Speaker 3: Those are tough people. They fight like tooth and nail.

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Speaker 3: The Taiwanese military, you know, the ones that I saw

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Speaker 3: guarding everything didn't look like they could win a risk

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Speaker 3: wrestling contest. The army is not a plum job in Taiwan.

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Speaker 2: Would they put their arms down and just put their

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Speaker 2: weapons down and say, come on in.

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Speaker 3: No, what's going to happen. This is going to require

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Speaker 3: American interference. Is going to acquire America to say what

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Speaker 3: it has been saying for the last decade or two.

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Speaker 3: We don't recognize Taiwan as a real country, but we

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Speaker 3: are committed to defense. So in nineteen fifty six, the

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Speaker 3: Cold War started and the Hot War was averted by

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Speaker 3: the sixth Fleet showing up. However, the Chinese are spending

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Speaker 3: vast amounts of money on the military and in due

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Speaker 3: time they're going to catch up.

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Speaker 2: And what is China's endgame, Michael? What do they want? Overall?

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Speaker 3: They want to restore China to its historical place in history,

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Speaker 3: which is the dominant power on planet Earth. They want

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Speaker 3: to overcome Western democracy. They're well on their way to

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Speaker 3: doing it. They bought up most of the world, including

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Speaker 3: the Middle East and Africa. They're making fealthy deals with

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Speaker 3: dictators all around the planet that will give you money

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Speaker 3: if we're allowed to come in and take all your

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Speaker 3: raw resources. And you know, they're in a position to

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Speaker 3: rebuild what they used to do. Consider it the center

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Speaker 3: of the world that China is going to replace Western democracies,

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Speaker 3: and if you look around, there's enowful lot of other

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Speaker 3: people thinking the same and acting the same. And that's

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Speaker 3: why I guess the Western world is supporting Ukraine because

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Speaker 3: it's not a fight against Ukraine, it's a fight against.

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Speaker 2: Democracy outside of war. What do we do?

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Speaker 3: Haha? I didn't write. I didn't write this book for

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Speaker 3: a number of years because you basically need some sort

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Speaker 3: of happy ending.

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Speaker 2: It would be nice, yeah.

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Speaker 3: And I couldn't find one. And finally when I submitted

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Speaker 3: the book, I wrote an afterward and basically I said, well,

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Speaker 3: you know, consumerism is killing the planet, and you know

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Speaker 3: we're buying some vast amounts of stuff to try to

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Speaker 3: make ourselves happy.

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Speaker 1: Listen to more Coast to Coast AM every weeknight at

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Speaker 1: one a m Eastern and go to Coast to coastam

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