Political Quotes

“I thank the gentleman for yielding time to me. There is a great Chinese scholar, Professor Sheridan wrote a book called ``China in Disintegration,'' and he analyzed the fall of China's government in the early 1900s before you moved to kind of an anarchical situation where you saw the rise of Chiang Kai-shek and the Kuomintang versus, ultimately, post-World War II Mao Zedong and the Chinese Communist long march as they marched around and eventually the U.S. wavered and China fell to communism under Chairman Mao. What was the premise of ``China in Disintegration''? It was an analysis of why great powers, great nations, great empires fail. They fail because of a loss of geographical integrity. They fail for--that is the first thing. The second thing is they fail because their currency loses value and trust. Once that goes, and the culture begins to change, they are either overextended, or they allow individuals with malevolent intentions to come into their country and influence the population. So what do we have? We have a wide-open border, so we have lost our geographical integrity. We have $31.4 trillion in national debt and rising inflation. We have nations like India contemplating moving to the Chinese yuan for their currency of exchange instead of the dollar. They have settled on the rupee. We have lost economic integrity as well. What has happened? Well, China views, as they always have, themselves as the center of the universe.…”