Dear Friends,
It seems to me, one of the biggest surprises to me, about the China trade war is that corporations that do business in China, have to give their corporate secrets to the Imperial People’s Chinese Republic! In other words, for Kentucky Fried chicken to open a store in China, they have given up Colonel Sander’s secret recipe. Which is giving the asset of the shareholders away, so the executives can lower the cost of manufacture or otherwise take advantage of the Chinese market, while destroying the actual value of the company they run. Now that I know that, I will be looking into all the stocks I own, and any that do business in China… will be sold. Because the basis of the share value was given away by the executives for a larger bonus. Which, even if not criminal, is very immoral.
Corporate secrets are the foundation of value of any corporation. Colonel Sander’s Secret Recipe is just one obvious example. Every firm that becomes big enough to fall into the hands of Wall Street, is based on some corporate secret. A new way to manufacture something, a product, recipe, process or innovation. These are what build corporate brand names. Coke is just such a firm. Their brand is their special soda taste, which now, since they do business in China, is replicated around China for pennies on the dollar. These knock offs lower the public’s view of the worth of Coke when there are other alternatives that are exactly the same, because they use the same proprietary formula. The value of a share of Coca-Cola is based on the secret formula for the soda. Which is no longer secret.
If an executive was caught selling corporate secrets to another company, or foreign government, the punishment would be severe. How is giving away corporate secrets for a bigger bonus any different? In both actions, someone personally benefits, while harming the interests of people they are duty bound to protect. In the first example, the perpetrator profits directly by cash payments, in the second, the perpetrator profits much more, and from the very people he or she defrauded! At least in the first example, the fraudster gets paid by the entity benefiting from their crime, while in the second, the victim is victimized twice! How progressive! Identical in nature, mindset, result and intent, the two crimes, the one illegal the other not, show there is more to the story.
So how is giving corporate secrets away for a bigger bonus not illegal? Because the elite don’t want it to be, nor do they want it to stop. If they did they would address this problem. That they don’t shows they see some benefit for themselves in it. I fail to see how giving the Chinese government every US corporate secret in any way benefits the US? Unless they see the downfall of the US as a boon to them. Nevertheless, if members of congress started getting letters demanding our corporations be barred from revealing corporate secrets, to any foreign government, especially Imperial People’s China, they would have to act. Probably against their will, since most are reliably progressive, even many republicans. That is why the elite stand united with China against Trump.
This information, which I would think should be the front page lead article on every actual news outlet in the US and Europe, is rarely reported! Highlighting the fact the progressive elite want China to continue taking US corporate secrets. Possibly because China is their dream come true, a one party state, run by Marxists. The pattern the progressives want to use to form their one world government. Establishing a one party global government, run by professional administrators, rationally ordering our economy, laws, society, culture and lives for us. Without our foolish interference and chatter about Rights, limited government and all that. To that end, allowing, nay encouraging corporations to give corporate secrets to The People’s Republic of China, is a means to that end.
Sincerely,
John Pepin
