Wednesday, April 14, 2010

There Is Only One America

America is losing its perch of global supremacy. In 2000, U.S. stock exchanges accounted for about half the value of global stock markets; at the beginning of 2008, they accounted for just 33 percent ─and shrinking. The Chinese economy has been doubling in size every 10 years since 1978. In contrast, it takes the U.S. economy about two decades to double in size.

Not all is lost. America is still the head chef, but must now learn to share the kitchen with China if it wants to protect and preserve its considerable global stake holding for not only the country, but for all of its citizens, individual and corporate.

America’s resilience, its fighting pioneer spirit, will-power and determination to win is engraved in the fabric of the country’s inherent makeup and culture ─ the Constitution and Bill of Rights. America’s founding ideals of openness, tolerance, diversity, equality and freedom will allow it to remain the head chef planning future geopolitical menus. No one should count it out because of its current hopeless decline, especially when no one, including China, is willing so far to step up to the plate to replace America. Questioning and challenging America is a far cry from taking over or replacing it. America can still come out of the current crisis on top of the ongoing geopolitical cook-off. The menu of geopolitical issues on the table is extensive and must be addressed honestly and harmoniously.

America’s long-term spirit of determination to win, especially when it comes to dealing with China and its business and political culture, is represented by the National Football League. Despite dropping the China Bowl between the New England Patriots and Seattle Seahawks in 2007 and again in 2009, the NFL ─ which dwarfs other professional American sports leagues in revenues and viewership ─ is still chomping at the bit for the hearts and minds of Chinese sports fans. It is now planning a preseason game in either Beijing or Shanghai in the summer of 2011.

America, like the NFL, can take serious economic, political, military and terrorist body blows and bounce back, thanks to its founding cornerstones. A contemporary reminder is the reopening of the Statue of Liberty to the public on July 4, 2009, eight years after the 9/11 attacks.

Another reaffirming moment for America came when President Barack Obama was awarded the 2009 Nobel Peace Prize.

“Let me be clear,” Obama said when he learned of his controversial selection. “I do not view it as recognition of my own accomplishments, but rather as an affirmation of American leadership on behalf of aspirations held by people in all nations.

“I will accept this award as a call to action, a call for all nations to confront the challenges of the 21st century.”

American power and determination is rooted in the ideals and principles laid down by the Founding Fathers, and that determination is still alive today.

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