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February 25, 2005

Feeding the hand that bites you

From the Seattle Post-Intelligencer:

Europe has angered the United States with talk of canceling its arms embargo against China - but governments and companies on the continent have for years delivered weapons and other equipment to Beijing and its rapidly modernizing People's Liberation Army.

In Germany, a subsidiary of DaimlerChrysler AG says it is supplying diesel engines for Chinese submarines.

And there's been a surge in European export licenses to China for goods - about $550 million in 2003 alone - that are designed for war or could have military and civilian applications, a gauge of Europe's growing willingness to profit from China's military progress.

Hmm, Europe is more socialist, yet they make profit at the expense of a growing threat from China. Why is it socialists seem more money hungry than Capitalists? Maybe it's because Socialists are really greedy people who use an idiotic economic system to rip off poor people, while Capitalists are honest people who use a fair economic system to help every who wants to make money.

Posted by Jack Lewis at February 25, 2005 09:04 AM

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