This seems like a 19th century style colonial concession. I would have hoped we were past that.
> The hub will have diplomatic immunity, such as the protections afforded to an American embassy, and operate under U.S. common law—the first arrangement of its kind anywhere in the world. The two-year lease is renewable for 99 years.
That's weird.
It should be noted that tge person quoted in the article Jacob Helberg who is currently the Under Secretary of State for Economic Growth, Energy, and the Environment has ties to both Sam Altman and Peter Thiel.[0]
> Helberg served as a commissioner for the U.S.–China Economic and Security Review Commission, and senior advisor to Alex Karp, CEO of Palantir Technologies.[6][7][8] Helberg has commented extensively on US–China relations, and the national security implications of Chinese-developed web apps like TikTok.
> He married American investor Keith Rabois in a 2018 ceremony officiated by Sam Altman.[13]
> Helberg is one of the top donors to Donald Trump's 2024 reelection campaign, donating $2 million in 2024.
What are we doing here man? Like what are we doing?
America has been completely taken over by a certain faction of silicon valley and they seem to be parting out the country for sale to the highest bidder.
It's like the rise of a new East India Trading Co. but on the other hand -- I just can't see this infrastructure remaining in the hands of America / Philippines if major conflict with China breaks out.
It's like they're building it to hand over to the Chinese in a few years. What are we doing?
You did not get the memo?
This guy is married to one of the Paypal mafia, He's worked for Palantir, and Altman officiated his wedding.
He entered government while retaining investments in OpenAI, Anduril, SpaceX, the Boring Company and Neuralink. These are all Thiel or Musk connected companies and they stand to benefit directly from his policy decisions.[0]
[0] https://www.bloomberg.com/news/articles/2025-05-09/ex-palant...
Unfortunately most real power in this country is tied up with decrepit geezers who have no values beyond engorging themselves on everything they can.
There is more manufacturing in the USA than people know about. Trump Administration wont admit to it because it helps sell their lies.
Two of the three companies I worked for had / has design and manufacturing in the USA.
Former one was bought by Texas VCs and they shipped jobs over seas to maximize profit. Their only goal after buying the company was to make XX millions in 10 years by any means versus making quality solutions. VCs are the share holders when applying the Friedman doctrine. [0]
USA excels at manufacturing complex solutions versus simple ones. Well for now, since number of US States are pushing for de-education.
I do look at the labels and check where products are manufactured. Anything from Texas and Florida are put back on the shelves because I choose not fund those politically corrupt states and support treating immigrants and sub human.
