In 2005, foreign players were involved in nearly 20% of the fraud American consumers complained about.
In 2006, the Federal Trade Commission analyzed the Consumer Sentinel Network database and concluded that American’s lost about $219M to foreign companies for the year.
From 2006-2008 (as the FTC reported in 2009), it got more than 260,000 cross-border complaints, and responded to “38 requests from 14 foreign agencies in 6 countries resulting in several enforcement proceedings” (HR).
From Jan. 1, 2015 – Oct. 16, 2019, U.S. consumers filed more than 255,000 complaints against foreign businesses, resulting in a total loss greater than $410M.
Yet another nation employs communistic redistribution to solve a problem created by communists.
Communists have always aimed at world domination. In March of 1919, the “Third Communist International” was established. According to a speech given by V.I. Lenin, it was “an association of the workers of the whole world who are striving to establish Soviet power in all countries….” Lenin ended his speech by saying, “Soon we shall see the victory of communism throughout the world; we shall see the foundation of the World Federative Republic of Soviets.”
—-Lenin’s Collected Works,
4th English Edition, Progress Publishers,
Moscow, 1972 Volume 29, pages 240-241.
“[In 2019], manufacturing of intermediate or finished goods in China, as well as pharmaceutical source material, accounted for 95 percent of U.S. imports of ibuprofen, 91 percent of U.S. imports of hydrocortisone, 70 percent of U.S. imports of acetaminophen, 40 to 45 percent of U.S. imports of penicillin, and 40 percent of U.S. imports of heparin, according to the Commerce Department. In total, 80 percent of the U.S. supply of antibiotics are made in China…”
—Scott Gottlieb, physician and former FDA commissioner under Trump’s administration
It appears the source article has been scrubbed. Nevertheless, let is stand as true that this content was once found … More
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