Scrap Metal: Yet another Hemorrhage to China

Refining metal ore is far more expensive than just melting down used metal.  Apparently it’s not enough to just export our jobs and industrial infrastructure.  Our means to rebuild in the future is also being undermined.

http://www.gltaac.org/US-China-scrap-top-export

Contrast this with sensible government policies elsewhere:

http://allafrica.com/stories/201305171010.html

http://www.bdlive.co.za/business/2013/08/21/government-shows-mettle-with-crackdown-on-scrap-metal-exports

It seems the US is way ahead of Ghana and South Africa in its subservience to foreign interests.  This country has reverted to being a colony.   Welcome to the 3rd world.