INCLUDE ADDITIONAL FUNDING TO
SCIENTIFIC RESEARCH.
JOINING US IS THE GATESTONE
INSTITUTE SENIOR FELLOW AND THE
AUTHOR OF THE COMING COLLAPSE,
GORDON CHANG.
THANK YOU FOR BEING HERE.
WE’VE BEEN TALKING ABOUT THE
RELIANCE ON THE CCP THAT THIS
COUNTRY HAS, WHETHER IT BE FROM
PRESCRIPTION DRUGS TO
SEMICONDUCTOR CHIPS.
WHAT DO YOU MAKE OF THIS BILL
AND DO YOU THINK THIS IS GOING
TO HELP THE U.S. GAIN MORE
INDEPENDENCE WHEN IT COMES TO
PRODUCING THIS VERY IMPORTANT
PRODUCT?
>> NO ONE LIKES INDUSTRIAL
POLICIES, MARIA, BUT THIS BILL
IS A GOOD THING.
BECAUSE WE’RE IN COMPETITION
WITH A COUNTRY WHICH HAS AN
INDUSTRIAL POLICY ON TECHNOLOGY
SPECIFICALLY SEMICONDUCTORS THAT
COULD VERY WELL DAMAGE AND MAYBE
DAMAGE PERMANENTLY AMERICA’S
SEMICONDUCTOR COMPANIES.
SO, YES, I THINK THIS IS A GOOD
THING.
NOW, CHINA’S SEMICONDUCTOR
POLICIES HAVE BEEN A DISASTER
INTERNALLY BUT XI JINPING, THE
CHINESE RULER, IS EXTREMELY
DETERMINED AND DESPITE THE
MISTAKES IN THE PAST HE COULD
ACTUALLY PUT THE UNITED STATES
IN A VERY DISADVANTAGEOUS
POSITION SO YES I LIKE THIS.
MARIA: ARE WE DOING ANYTHING
ABOUT THAT, TO PROTECT THE
UNITED STATES SHOULD XI JINPING
PUT THE U.S. IN A TOUGH
POSITION.
I MEAN, LET’S FACE IT.
THEY HAVE BEEN FLYING JETS INTO
TAIWAN AIR SPACE NOW FOR A YEAR.
TAIWAN IS ONE OF THE MAJOR HUBS
TO PRODUCE SEMICONDUCTORS.
WHAT ARE YOU EXPECTING TO TAKE
PLACE HERE AND HOW CAN THE U.S.
PROTECT ITSELF?
>> WELL, THE U.S. CAN PROTECT
ITSELF BY DOING SOMETHING VERY
SIMPLE AND THAT IS ENCOURAGING
COMPANIES TO BRING THEIR
FACTORIES BACK HOME AND
UNFORTUNATELY THE BIDEN
ADMINISTRATION IS GOING IN THE WRONG WAY ON THIS WITH, FOR
WRONG WAY ON THIS WITH, FOR
INSTANCE, ITS JUNE 6th SOLAR
PANEL TARIFF AS WELL AS IT’S
EXPECTED LIFTING OF SECTION 201
TARIFFS, THOSE ARE DOG WHISTLES
FOR AMERICAN COMPANIES TO KEEP
THEIR COMPANIES ON CHINESE SOIL.
THE BIDEN ADMINISTRATION DOESN’T
UNDERSTAND THE SERIOUSNESS OF
THE CHALLENGE.
WE NEED OUR FACTORIES BACK HERE.
IT’S NOT JUST SEMICONDUCTORS.
IT’S ALSO PHARMACEUTICAL AS YOU
POINT OUT.
CHAFF IS AIM -- CHINA IS AIMING
FOR SELF-SUFFICIENCY.
THEY DON’T WANT TO BE DEPENDENT
ON US AND WE SHOULDN’T WANT TO
BE DEPENDENT ON THEM.
IT’S AM SIMPLE AS THAT.
XI JINPING HAS MALICIOUS PLANS.
MARIA: TALK TO US ABOUT THE
MALICIOUS PLAN.
WE HAD A WHOLE CONVERSATION.
MORGAN TORE ORTAGUS IS HERE.
SHE HAD TO YOU ALERT THE WORLD
TO WHAT THE STATE DEPARTMENT WAS
THINKING IN TERMS OF WHERE COVID
CAME FROM.
WE DON’T KNOW THE ORIGINS OF
COVID FOR SURE BECAUSE JOE BIDEN
REFUSES TO PRESS XI JINPING ON A
REAL INVESTIGATION AND THE
CHINESE COMMUNIST PARTY WILL NOT
ALLOW A REAL INVESTIGATION.
WHAT’S THE OVERALL PLAN HERE
FROM THE CCP’S STANDPOINT?
>> WELL, THE OVERALL PLAN IS TO
ASSERT SOVEREIGNTY OVER THE
ENTIRE PLANET EARTH AS WELL AS
THE MOON AND MARS.
AND, YES, I KNOW THAT MOST
PEOPLE THINK THAT THAT IS JUST
ABSURD BUT WE HAVE TO LISTEN TO
WHAT CHINESE OFFICIALS ARE
ACTUAL ILY SAYING.
-- ACTUALLY SAYING.
AND WITH REGARD TO THE VIRUS AND
I HEARD MORGAN TALK ABOUT THIS
BEFORE AND SHE’S A REAL HERO.
THE POINT HERE IS THAT WHEREVER
THIS DISEASE CAME FROM, AND I
BELIEVE IT DID COME FROM THE
LAB, BUT WHEREVER IT CAME FROM,
WE KNOW THAT THE CHINESE LEADERS
DELIBERATELY MADE DECISIONS TO
SPREAD THIS DISEASE BEYOND
CHINA’S BORDERS.
AND SO THAT MEANS THAT THAT
1,025,000 OR SO AMERICANS WHO
HAVE BEEN KILLED FROM COVID-19,
EACH ONE OF THOSE IS A MURDER AS
WELL AS THE 6.4 MILLION PEOPLE
OUTSIDE OF CHINA WHO HAVE BEEN
KILLED BY THIS DISEASE.
THEY LIED ABOUT CONTAGIOUSNESS.
THEY WERE TELLING PEOPLE LIKE
DEBORAH BURKES NOT TO LOCK DOWN
THE U.S.
CLEARLY THAT SHOWS MALIGNED
INTENT.
MARIA: LET’S NOT FORGET, JAMES
FREEMAN, JUMP IN HERE, LET’S NOT
FORGET THE OTHER THING CCP IS
DOING, MANUFACTURING FENTANYL
AND SENDING IT INTO AMERICA SO
THERE’S THAT.
>> TERRIBLE.
AND A I I THINK WE’RE IN AGREEME
ON THE THREAT THAT THE CHINESE
COMMUNIST PARTY REPRESENTS,
GORDON BUT THIS IDEA, I JUST DO
HAVE TO QUESTION YOU ON WHETHER
THE GOVERNMENT FUNDING AND
TRYING TO ASSIST OUR
SEMICONDUCTOR INDUSTRY IS THE
WAY TO GO HERE.
I MEAN, ISN’T OUR BIG ADVANTAGE
OVER CHINA THAT WE DON’T HAVE
THE GOVERNMENT RUNNING OUR
TECHNOLOGY INDUSTRY TO THE
EXTENT THEY DO.
WE HAVE HAD A LOT OF SUCCESS AND
WE LED THE WORLD BECAUSE WE
DON’T HAVE THE GOVERNMENT
RUNNING IT AND I KNOW YOU’RE
FAMILIAR WITH THE FAILED
ATTEMPTS BY THE FEDERAL
GOVERNMENT TO HELP OUR CHIP
INDUSTRY IN THE 1980s.
ISN’T THIS MONEY GOING TO
DISTORT MARKETS, POSSIBLY BRING
MORE BUREAUCRACY FROM WASHINGTON
WITH IT AND LARGELY END UP BEING
WASTED?
>> WELL, I DON’T KNOW ABOUT
BEING WASTED BUT YOUR INDICTMENT
IS OBVIOUSLY CORRECT BUT THE
POINT IS, COUNTRIES WITH
INDUSTRIAL POLICIES CAN DO GREAT
DAMAGE TO COUNTRIES WITH ONLY
FREE MARKET POLICIES IN THE
SHORT TERM THE.
NOW, IN THE LONG TERM, YOU’RE
RIGHT, COUNTRIES WITH FREE
MARKETS ALWAYS PREVAIL.
BUT THE POINT IS, IN THIS
COMPETITION WITH CHINA, JAMES,
THERE MAY BE NO LONG-TERM.
THIS IS FAR MORE URGENT THAN
PEOPLE THINK.
WE HAVE TO COMPETE WITH CHINA
NOW.
WE’VE GOT TO COMPETE IN THE SAME
WAY THEY’RE COMPETING WITH US
AND I KNOW THIS IS NOT WHAT FREE
MARKETERS WANT TO HEAR BUT THIS
IS EXTREMELY URGENT.
MARIA: YEAH.
WE’RE ALL CONCERNED ABOUT IT,
GORDON.
WE UNDERSTAND.
THANK YOU SO MUCH FOR ALL OF THE
WORK YOU’RE DOING ON THIS TOPIC,
GORDON.
GREAT TO SEE YOU THIS MORNING,