VP Harris Wipes Hand After Greeting South Korean President
May 23, 2021
WASHINGTON, D.C.—The economic faith of the world is resting in the hands of South Korea’s Samsung Electronics and Taiwan’s TSMC. They are the only two companies in the world capable of producing advanced semiconductors that go into everything from F-35 Raptors, smartphones to automobiles.
Ford is projected to lose $2.5 billion due to unfinished vehicles while GM is projecting a $2 billion loss. The mere fact that two Asian-owned, Asian-controlled, Asian-operated conglomerates have outclassed the most diverse companies in the world is proof meritocracy counts in the end, not diversity.
During his visit to the United States, South Korean President Moon Jae-in met with Vice President Kamala Harris on Friday, May 21. After months of begging from President Biden and Kamala Harris, South Korea’s Samsung Electronics have agreed to invest $17 billion in a new chip factory in the United States.
However, in an act that would have gotten a Republican VP in trouble, VP Harris seemed to be immune from CNN and MSNBC vitriol when she wiped her hand after shaking hands with President Moon Jae-in. The South Korean president’s visit was instrumental in alleviating America’s microchip shortage.
The move was not only disrespectful, it showed the VP’s subconscious racism toward President Moon. Some speculate since Asians hold the cards on microchips, they’re seen as “white adjacent” because success and technological leadership are “white attributes,” according to Lisa Ling.
Plus, basic Biology 101, assuming President Moon had COVID-19, you can’t wipe away a virus on your pants.
Regardless of VP Kamala’s rude and racist move, South Korea agreed to further investments in the United States.
Asian conglomerates also lead in battery development with Japan’s Panasonic supplying Tesla’s battery system and now South Korea’s LG Energy Solution and SK Innovation have also agreed to invest $14 billion in the United States to ramp up EV battery production and keep up with demand.
The United States faces a predicament. TSMC and Samsung are currently investing and building multiple factories that will eventually match global demand. Should the United States spend $30 billion now and build their own factory, which will take years, and still be 10 years behind TSMC or should they just rely on Taiwan and South Korea?