Charles R. Hazard/Insight

Jimmy Carter never would have been able to ram through his two treaties giving away our Panama Canal if the Senate in 1978 could have looked into the future and known that, when the U.S. Flag is lowered on December 31, 1999, Red China would become its gatekeeper. But that's what's scheduled to happen unless Congress takes immediate action to prevent it.

Don't expect the Clinton Administration to interfere with China's stunning beachhead in the Western Hemisphere. Clinton is hopelessly indebted to the Chinese and their allies in Indonesia for financing his presidential elections in 1992 and 1996.

China didn't need to send an invading army. Because of what is euphemistically called "free trade," China has plenty of cash to buy and bribe its way into our domain. Communist China is the greatest national security threat to America today and in the foreseeable future. At a major meeting in Beijing in 1994, China designated the United States as its primary global rival. China is rapidly building a modern war machine with 18 long-range and 140 intermediate and medium range missiles. It's based on espionage, theft, trade deals that include technology transfers, and cash provided by a $60 billion-a-year favorable balance of trade.

Every month, China collects up to $6 billion in U.S. cash by selling its slave-labor products to Americans, but China buys only $1 billion worth of U.S. goods. The Chinese pocket the $5 billion a month difference and use it to build their military-industrial complex.