What does this all really mean?
The following is an excerpt from the above link:
"It all sounds so great until you learn that one of the primary pillars of Project 60 is "Inward Foreign Direct Investment".
So how do you promote "Inward Foreign Direct Investment"?
Well, you do things like offer massive tax breaks to Chinese state-owned companies and you actively encourage immigration from China.
The following is a quote from an article on the New American website and it explains how a visa program known as EB-5 would help facilitate Project 60....
Specifically, “The U.S. Citizenship and Immigration Service administers an immigrant investor visa program called EB-5. The program grants foreigners permanent U.S. residency in exchange for helping create U.S. jobs.” This prong will facilitate the immigration of Chinese nationals into the United States for the purpose of establishing a Chinese industrial beachhead in Idaho, under the guise of creating U.S. jobs.
In fact, the state of Idaho is actually touting the EB-5 program on their website that promotes Project 60.
Yes, Chinese state-owned companies would probably hire a small number of Idaho citizens. But as I have written about previously, the idea would be for "special economic zones" to be set up inside the United States that would be very similar to the "special economic zones" inside China.
The following is how Wikipedia defines special economic zones....
A Special Economic Zone (SEZ) is a geographical region that has economic and other laws that are more free-market-oriented than a country's typical or national laws. "Nationwide" laws may be suspended inside a special economic zone.
Apparently the government of Idaho believes that allowing the Chinese to set up a 50 square mile "special economic zone" just south of Boise would be a grand idea."
Additionally, the Chineese Idaho operation is to produce fertilizer, which would be fine as long as it doesn't get mixed with fuel oil by someone.
Posted by Stephen McElroy