Senate Passes $280 Billion Industrial Policy Bill Meant to Counter China

Senate Passes $280 Billion Industrial Policy Bill Meant to Counter China

The CHIPS and Science Act of 2022 passed in a vote of 63-33, with 17 Republicans voting in favor. The over 1,000-page legislation includes $52.7 billion for direct funding for the construction and expansion of semiconductor manufacturing and $24 billion for tax incentives and other purposes.

The bill will authorize roughly $200 billion in science and technology research funding that will be spread across several government agencies over the next five years. The largest recipient of the research funds will be the National Science Foundation, which will receive $81 billion.

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CHIPS Won’t Help China

Third, the CHIPS Act actually has provisions designed specifically to restrict investments in China. These so-called “guardrails” require that companies taking federal dollars for American projects must also agree not to invest in state-of-the-art technology in China—not just with the federal dollars, with any dollars. Good-faith critics have raised fair concerns that these guardrails should be broader, tougher, and firmer. But any guardrails at all represent unprecedented restrictions on what U.S. companies can do in the People’s Republic. It’s one thing to say an ideal bill would hurt China even more; it’s quite another to try and claim that less-than-perfect restrictions count as “help.”

Pelosi’s Husband Dumped Up to $5M of Tech Stock Right Before Senate Passed CHIPS

Warmongering Republicans Have Throbbing Hard-Ons For Pelosi’s Taiwan Trip

Warmongering Republicans Have Throbbing Hard-Ons For Pelosi’s Taiwan Trip

When it comes to China, the so-called “populist right” is in lockstep with both Nancy Pelosi and with murderous neoconservatives like Bill Kristol, Max Boot and John Bolton. Steve Bannon’s support for regime change in Beijing is indistinguishable from Bill Kristol’s support for regime change in Beijing. You will never, ever see a Trump supporter address this perfect harmony between their faction and neocons and liberal hawks with any degree of intellectual honesty.

In reality, though Democrats tend to lean more toward supporting aggressions against Russia while Republicans lean more toward favoring aggressions against China, they’re both just manufacturing consent for the same unipolarist agenda of total global domination. They pretend to be on opposing sides, but if you ignore the narratives and just look at the actions what you see is a steadily escalating “great power competition” designed to facilitate the US empire’s longstanding agenda of securing unipolar planetary hegemony at all cost.

More about Steve Bannon and regime change for China:

The Globalists Driving the Anti-China Crusade – Thiel, Soros, Wenghui, and… Steve Bannon

Steve Bannon and Guo Weingui vs Hong Kong

Updated: Sources for Hong Kong Video

Hong Kong ‘Protests’ Were About Regime Change for China!

Attack on Syria church gathering kills 2

Two people were killed and 12 injured Sunday by bombardment of a church as it was being inaugurated in Syria’s central province of Hama, the official SANA news agency reported.

Sunday’s attack came two days after bombardment killed seven people including four children in the rebel-held Idlib region.

Around half of Idlib province as well as parts of Aleppo, Hama and Latakia provinces are controlled by Hayat Tahrir al-Sham, the former franchise in Syria of al-Qaeda.

Attack on Syria church gathering kills 2

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The Korean War May Never End

Jul 21, 2022 – The Korean War that began in 1950 is technically ongoing because only an armistice was signed in 1953, rather than a peace treaty. American warmongers argue the United States must spend $8 billion a year to keep 30,000 troops there at a dozen bases until the war ends. This is only because the United States refuses to even discuss an end to the war because it will lose control of South Korea’s military if American Generals leave. In addition, part of the justification for the Pentagon’s massive annual budget is to defend South Korea, and those who profit off the perpetual American presence spend millions of dollars each year to lobby American congressmen to keep their racket going.

The South Korean military is five times stronger than the North Korean military, and there are no Russian or Chinese soldiers based in North Korea. South Korea has twice the population and forty times the GDP of decrepit North Korea and has fortified its mountainous border. American troops are not needed there but powerful interests protect the status quo. Withdrawing just half the American troops would save the United States over three billion dollars a year and may allow a formal peace treaty to be signed.

The Korean War May Never EndTales of the American Empire

Sources:

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Credibility and the ‘Xinjiang Police Files’

by Patrick Macfarlane | Jul 14, 2022

Since at least February 2018, a German-born anthropologist named Adrian Zenz has alleged that China is persecuting the Uyghurs, a Turkic Muslim minority that inhabits Xinjiang, China’s westernmost autonomous region.

Credibility and the ‘Xinjiang Police Files’ (archived)

Related:

Xinjiang Police Files: Zenz’ Reality Warping

Xinjiang (Updated to include the above links)

Mishel Kondi, also worked as research assistant for the VOC and was an analyst for Foreign Brief. “Foreign Brief is an industry-leading source of open source geopolitical intelligence focused first on the Indo-Pacific.” They’re an Australian company with offices in the US, Europe, and Australia.

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Turkish-Kurdish Tensions in Syria Expose NATO Dysfunction

Jun 12, 2022 | Military activity in northern Syria is accelerating, Turkey is intent on striking at US-backed Kurdish militants who in turn are seeking aid not from the US but from Syria and Russia.

The situation in Syria is another illustration of the true nature of US foreign policy and another glimpse at what becomes of America’s many “partners.”

The New Atlas (New Atlas on Telegram) (Video on Odysee)

“America has no permanent friends or enemies, only interests” – Henry Kissinger

Resources:

Turkey urges Russia to fulfill deals to clear N. Syria of terrorists

Ankara says it must act because Washington and Moscow failed to keep their promise to push the YPG 30 kilometers (18 miles) from the border after a 2019 Turkish operation, adding that attacks from YPG-controlled areas have increased.

In 2019, an operation into northeast Syria against the YPG drew widespread international condemnation, prompting Finland, Sweden and others to restrict arms sales to Turkey. Now Turkey is blocking the two Nordic countries’ historic bid to join NATO because of the weapons ban and their support of the terrorist group.

Turkey tells Russia it will respond to destabilising moves in north Syria

US-backed Syrian Kurds to turn to Damascus if Turkey attacks

Assad explains why Syria is sticking with Russia

The attacks increase as Turkey disapproves of Finland & Sweden’s NATO memberships?! Coincidence?! NOT!!

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Breaking Points’ New “Network” Features Neo-Cons and Squad Apologists

Indie News Network

Let’s Take a Deep Dive Into the Breaking Points and their Affiliates

After years of non-stop lies, many have moved away from the mainstream media and began going to alternative media sources. As a result, we’ve seen a lane of media emerge that positions themselves as anti-establishment or populist, but in the end are serving the same corporate interests of the mainstream media.

Stay tuned for more updates from Indie News Network on this developing story.

Breaking Points’ New “Network” Features Neo-Cons and Squad Apologists

Video by BigMadCrab on YouTube.

H/T: Breaking Points “Network” is Full of Oligarch-Affiliates and Neo-Cons by Franc Analysis on YouTube.

Related:

Neocons Co-Opting The Populist Movement