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Keyword: trade

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  • GOP LEADERSHIP’S INSTRUCTIONS FOR SUMMER TOWNHALLS: Ignore Voters on Illegal Immigration and Trade

    08/28/2015 9:45:21 PM PDT · by 2ndDivisionVet · 22 replies
    Doug Ross @ Journal ^ | August 28, 2015 | Julia Hahn
    Republican legislators have gotten their messaging instructions from their top leaders: Tout unpopular free-trade measures during the August recess, ignore popular curbs on the migration that saps Americans’ wages. Breitbart News has exclusively obtained an internal August recess messaging instruction set for Republican legislators produced by Sen. John Thune (R-SD), who orchestrates the GOP Senators’ PR pitch. This 20-page messaging instruction manual seems to confirm prior reports by Breitbart News that Republican Congressional leadership has no plans to enact popular immigration reforms to curb large-scale migration. Each August, Senators and Congressmen return home to listen to constituents’ concerns and to...
  • The Venerable History of Protectionism

    08/27/2015 8:54:45 AM PDT · by sunrise_sunset · 18 replies
    NY Times ^ | 2008 | Robert E. Lighthizer
    "Reagan often broke with free-trade dogma. He arranged for voluntary restraint agreements to limit imports of automobiles and steel (an industry whose interests, by the way, I have represented). He provided temporary import relief for Harley-Davidson. He limited imports of sugar and textiles. His administration pushed for the "Plaza accord" of 1985, an agreement that made Japanese imports more expensive by raising the value of the yen."
  • Is Donald Trump a 21st-Century Protectionist Herbert Hoover?

    08/27/2015 6:51:48 AM PDT · by SeekAndFind · 107 replies
    National Review ^ | 08/27/2015 | by STEPHEN MOORE & LARRY KUDLOW
    Here’s a historical fact that Donald Trump, and many voters attracted to him, may not know: The last American president who was a trade protectionist was Republican Herbert Hoover. Obviously, Hoover’s economic strategy didn’t turn out so well — either for the nation or for the GOP. Does Trump aspire to be a 21st-century Hoover, with a modernized platform of the 1930 Smoot-Hawley tariff, which collapsed the banking system and helped send the U.S. and the world economy into a decade-long depression? We can’t help wondering whether the recent panic in world financial markets is in part a result of...
  • Global Trade In Freefall: Container Freight Rates From Asia To Europe Crash 60% In Three Weeks

    08/23/2015 9:45:03 PM PDT · by Perseverando · 9 replies
    Zero Hedge ^ | August 23, 2015 | Tyler Durden
    Three weeks ago, when we last looked at the collapse in trade along what may be the most trafficked route involving China, i.e., from Asia to Northern Europe, we noted that while that particular shipping freight rate Europe had crashed some 23% on just one week, there was some good news: at least the Baltic Dry index was still inexplicably rising, and at last check it was hovering just above 1,100. That is no longer the case, and just as with everything else in recent months, the Baltic Dry dead cat bounce is now over, with the BDIY topping out...
  • Trump: ‘Carl Icahn Could Turn U.S. Trade Deals Around’

    08/20/2015 10:48:04 AM PDT · by SeekAndFind · 4 replies
    Fox Business ^ | 08/20/2015 | By Suzanne O'Halloran
    Activist investor Carl Icahn has made billions of dollars pushing companies such as Apple and Yahoo to do more for their shareholders. His style and success are not lost on GOP hopeful Donald Trump who says he would tap Icahn to improve U.S. trade deals if elected. “I said, Carl, you're great at this. I'm great at this. We have -- there aren't too many of us. We need to bring our country back. Our trade deals are so bad." Trump, who made these remarks on FOX Business Network’s Mornings With Maria, also called out the countries that are winning...
  • What Donald Trump Doesn’t Know about U.S. Trade

    08/19/2015 6:42:03 AM PDT · by SeekAndFind · 86 replies
    National Review ^ | 08/19/2015 | Kevin D. Williamson
    A great deal of Donald Trump’s silly and illiterate trade talk presupposes the gutting or repeal of NAFTA, the trade accord between the United States, Canada, and Mexico that went into effect in 1994, with his dreams of punitive sanctions and blockades. Indeed, NAFTA is a favorite whipping boy for populists Left and Right, a reminder that populist conservatives have much more in common with populist progressives such as Senator Bernie Sanders than they do with the political tendency that connects Adam Smith to F. A. Hayek and Ronald Reagan. Trump fancies himself an ace negotiator, a skill that he...
  • Democrat Vows To Block Key Nomination Over Asia Trade Deal Secrecy[TPP]

    08/15/2015 9:45:24 AM PDT · by Theoria · 14 replies
    NPR ^ | 14 Aug 2015 | Brakkton Booker
    Sen. Sherrod Brown announced Friday he is going to block the confirmation of a high-level White House nominee, because of the Obama administration's refusal to relax its secrecy protocols that make it difficult for members of Congress and their staffs to review the language in a Pacific Rim trade deal.Brown, a Democrat from Ohio, told NPR it was "outrageous" that congressional staff members with the proper security clearances can view the Trans-Pacific Partnership draft only when a member of Congress accompanies them. As NPR's Ailsa Chang reported in May, the document is stored in a highly secure room in the...
  • Donald Trump Distinguishes Himself from GOP Field on Trade

    08/12/2015 6:35:35 PM PDT · by E. Pluribus Unum · 36 replies
    Breitbart ^ | 08/12/2015 | Julia Hahn
    As Donald Trump continues to surge in the polls, a staple of Trump’s campaign rhetoric remains his emphasis on bringing manufacturing jobs back to the United States and confronting foreign competitors like China and Mexico over their unfair trading practices. For instance, in an interview with Sean Hannity Tuesday night Trump said: We have to bring back our jobs back from China. As an example, we have to bring manufacturing back. You look at Japan with the boats that come in pouring in with cars—you know what we send Japan? We send them beef. We send them wheat, we send them corn…
  • Democrat lauds Trump for slamming China

    08/12/2015 10:29:41 AM PDT · by DannyTN · 17 replies
    The Hill ^ | 08/12/15 10:13 AM EDT | Vicki Needham
    A Michigan Democrat is agreeing with Donald Trump’s take on China and the U.S. economy. Rep. Debbie Dingell (D-Mich.) says the GOP presidential front-runner is “spot on” in slamming China’s devaluation of its currency. “Countries like China that cheat and don't play by the rules hurt good paying American jobs — like the ones we have right here in Michigan in the auto industry, and it needs to stop,” Dingell said in a statement. ...
  • Arizona, Mexico agreement extends I-11 to Mexico City

    08/06/2015 6:56:29 AM PDT · by Tolerance Sucks Rocks · 13 replies
    Phoenix Business Journal ^ | June 15, 2015 | Eric Jay Toll
    Interstate 11 is getting another boost with execution of a memorandum of understanding between Arizona and Mexico. One of the four international cooperation agreements to be signed by Gov. Doug Ducey and the Mexican Secretary of Foreign Affairs Jose Antonio Meade extends I-11 from Nogales into Mexico to Hermosillo and Mexico City. The international commerce corridor MOU grew out of a conversation between Arizona business leaders, Ducey and Mexican billionaire Carlos Slim at the Phoenix Business Journal’s Global Market Discovery series earlier this year. People on the Move Victor Foggie Victor Foggie Big Brothers Big Sisters of Central Arizona Brian...
  • Donald Trump’s fairy tale economics is bad for his party and terrible for America

    07/30/2015 3:46:16 AM PDT · by 2ndDivisionVet · 54 replies
    London's City A.M. ^ | July 28, 2015 | Ryan Bourne, head of public policy at the Institute of Economic Affairs.
    The Republican Party must be tearing its hair out. For years, visitors from the US have extolled the strength of the party’s potential Presidential candidates for 2016. The pack is certainly more impressive than in 2012 and, with the exception of one or two candidates, they are ostensibly advocates of relatively free market policies. In a campaign against an unlikeable Hillary Clinton, many conservatives were quietly confident of victory in 2016. But all these voices are being drowned out by the brash businessman and property magnate Donald Trump. Despite widespread criticism for his remarks about “rapist” illegal Mexican immigrants, Trump...
  • Donald Trump vs. Smoot-Hawley's Ghost [Protectionism Fear Mongering Cripples GOP]

    07/23/2015 6:02:37 AM PDT · by Moseley · 6 replies
    Fairfax Free Citizen ^ | July 23, 2015 | Jonathon Moseley
    Donald Trump’s candidacy raises more urgent issues than the Donald’s sometimes poor choice of words: Trump has sparked a less-noticed but far more important debate about the future of our nation’s economy, the sustainability of American life, jobs, and a decent salary for Americans. This ultimately fuels the economic strength of the United States that makes it possible to defend our nation and its people. It’s about Smoot-Hawley. I am talking about the myth, the ghost, the coat hanging on the back of the door that looks like a monster in the dark, the nightmare that makes uninformed and gutless...
  • Trumpism: The Ideology

    07/18/2015 3:31:04 AM PDT · by 2ndDivisionVet · 95 replies
    It’s not too interesting to say that Donald Trump is a nationalist and aspiring despot who is manipulating bourgeois resentment, nativism, and ignorance to feed his power lust. It’s uninteresting because it is obviously true. It’s so true that stating it sounds more like an observation than a criticism. I just heard Trump speak live. It was an awesome experience, like an interwar séance of once-powerful dictators who inspired multitudes, drove countries into the ground, and died grim deaths. His speech at FreedomFest lasted a full hour, and I consider myself fortunate for having heard it. It was a magnificent...
  • Trump Being Wrong About Everything and Unelectable Doesn't Make His Candidacy Insignificant

    07/15/2015 8:32:33 AM PDT · by 2ndDivisionVet · 30 replies
    The Huffington Post's Politics The Blog ^ | July 14, 2015 | Professor Seth Abramson, University of New Hampshire
    If the last three weeks of presidential politics have proven anything, it's that Donald Trump is one of the nation's first "metamodern" politicians. What this means is that Trump is neither sincere nor ironic, optimistic nor cynical, authentic nor false. Instead, Trump, like all metamodern persons and politicians, somehow manages to exist outside space, time, and controlling cultural conventions by earnestly believing in his personal metanarrative -- even as he remains conscious that no one else does. Both those voters on the Right who consider Trump a 100 percent earnest straight-talker, and those voters on the Left who believe him...
  • Letter: Defend U.S. manufacturing (U.S. Business & Industry Council praises Cruz)

    07/08/2015 3:24:26 PM PDT · by 2ndDivisionVet · 16 replies
    The Dallas Morning News' Letters to the Editor ^ | July 8, 2015 | Kevin L. Kearns, president, U.S. Business & Industry Council
    America needs a strong manufacturing sector to sustain robust economic growth that creates new businesses, jobs and opportunities for all. Manufacturing is responsible for 70 percent of U.S. R&D, and often spins off entire new industries. But since 2000, American manufacturing has lost thousands of factories and 5 million jobs. The top reason: poorly conceived “free trade” agreements that Washington has pushed, including NAFTA, CAFTA and Korea and China joining the World Trade Organization. Given the record of job outsourcing and factory closings, it is troubling that Congress has just given President Barack Obama fast track power to negotiate the...
  • Donald Trump Is Not Just A Clown, He’s A Liberal Anti-Gun Clown

    07/06/2015 11:29:57 PM PDT · by z taxman · 82 replies
    Downtrend.com ^ | June 17, 2015 | Brian Anderson
    The big joke Tuesday was that comb-over reality TV star Donald Trump announced that he’s running for president in 2016 as a Republican. As if it isn’t funny enough that he’s given hundreds of thousands of dollars to the Democratic Party and the Clinton Foundation, he also said he wants Oprah Winfrey as his VP. And just in case you aren’t convinced of his conservative credentials, it turns out he’s left quite a liberal footprint of anti-gun, pro-abortion, redistribution of wealth, Obam-esque socialism. Back in 2000 The Don was flirting with running for president as a Reform Party candidate... Here’s...
  • Wasn’t a Republican Congress supposed to END Obama’s abuse of power?

    07/05/2015 10:22:06 AM PDT · by Oldpuppymax · 54 replies
    Coach is Right ^ | 7/5/15 | Suzanne Eovaldi
    Congress got pumped and America’s citizens got dumped with the passage of the dangerous Trade Promotion Authority (TPA) legislation that looks to send even more of our jobs overseas. “This is what all trade treaties guarantee,” says analyst Jon Rappoport. “The overwhelming leakage of jobs from industrial countries to under developed countries,” is Globalism’s meat and potatoes engine driving our huge job transfer out of the USA.” (1) The plunder of our economic and personal wealth was just bought and paid for in our own Congress with obscene amounts of special interest money “buying” out our Republican leaders. Let’s look...
  • Leaked: What’s in Obama’s trade deal

    07/01/2015 1:32:29 PM PDT · by C19fan · 6 replies
    Politico ^ | July 1, 2015 | Michael Grumwald
    A recent draft of the Trans-Pacific Partnership free-trade deal would give U.S. pharmaceutical firms unprecedented protections against competition from cheaper generic drugs, possibly transcending the patent protections in U.S. law. POLITICO has obtained a draft copy of TPP’s intellectual property chapter as it stood on May 11, at the start of the latest negotiating round in Guam. While U.S. trade officials would not confirm the authenticity of the document, they downplayed its importance, emphasizing that the terms of the deal are likely to change significantly as the talks enter their final stages. Those terms are still secret, but the public...
  • Why Donald Trump Resonates: The "Inner Voice" Factor

    06/28/2015 8:10:26 PM PDT · by 2ndDivisionVet · 31 replies
    CBN's The Brody File ^ | June 28, 2015 | David Brody, Chief Political Correspondent
    Are you wondering why Donald Trump is resonating across America more than you thought he would? Let me try and offer an explanation. To chalk it up to the simple fact that he’s a TV celebrity is naïve. Donald Trump is resonating because for many Americans he represents their, “inner voice.” He’s the guy that actually says out loud what a lot of people think inwardly. If you’re honest, you know you’ve thought some of this as well. And yes liberals, I bet you too have privately thought some of the things Trump is saying. Maybe not as much as...
  • This was the best week of Obama’s presidency

    06/27/2015 1:55:53 AM PDT · by 2ndDivisionVet · 30 replies
    The Washington Post's The Fix ^ | June 26, 2015 | Chris Cillizza
    When President Obama neared the end of his eulogy Friday for the late South Carolina state Sen. Clementa Pinckney (D), a victim of the shootings at a Charleston church last week, he paused. A long pause. It was a moment of genuine drama. Had he lost his place? Were his emotions getting to him? Then, he started to sing -- the opening bars to "Amazing Grace." Soon, the entire congregation at the AME Emanuel Church joined him in song...
  • Senate approves fast-track, sending trade bill to White House

    06/24/2015 1:47:21 PM PDT · by C19fan · 42 replies
    The Hill ^ | June 24, 2015 | Alexander Bolton
    The Senate voted Wednesday to approve fast-track authority, securing a big second-term legislative win for President Obama after a months-long struggle. The 60-38 Senate vote capped weeks of fighting over the trade bill, which pitted Obama against most of his party — including Senate Democratic Leader Harry Reid (Nev.) and House Minority Leader Nancy Pelosi (D-Calif.).
  • USA Sovereignty Ends?

    06/24/2015 11:22:31 AM PDT · by Sean_Anthony · 2 replies
    Canada Free Press ^ | 06/24/15 | Sher Zieve
    Pray fervently now, keep your loved ones close, your weapons clean and your powder very dry In 2008, we warned you about Obama. Over and over again, we presented material documents showing that Obama had worked with and still worked with the enemies—many like Bill Ayers and Bernadine Dohrn who did so with extreme violence—of the USA, its people…and, ultimately, every area where liberty lived. However, not willing to bother with any and/or all facts but, preferring the super-charged emotion of the dictator-to-be moment, too many Americans voted for him anyway. Besides, many US citizens had to prove they weren’t...
  • Ted Cruz: Time to defeat ‘Washington cartel’

    06/24/2015 11:18:45 AM PDT · by MN_Mike · 52 replies
    The Washington Times ^ | June 24, 2015 | Seth Mclaughlin
    Why is it that Republican leadership always cuts deals with Democrats and with Washington and throws overboard the conservatives that come October and November in an election year they are desperately asking them to turn out and elect them to power?” Mr. Cruz said.
  • The GOP's 2016 trade divide

    06/23/2015 6:53:45 PM PDT · by GIdget2004 · 20 replies
    Politico ^ | 06/23/2015 | Manu Raju
    Rubio’s mum posture on Tuesday underscores how divisive the issue has become in Republican presidential politics. While a vast majority of Republicans in both houses of Congress voted to advance the trade agenda, a vocal segment of the GOP base has aggressively attacked the plan, contending it would hurt American workers, change immigration laws and give Obama too much power. It’s the latest chapter in the intraparty struggle that’s consumed the GOP since the 2010 midterms, as business-minded Republicans battle with the tea party wing over the party’s identity and direction. The influence of the activist right was on vivid...
  • The Return of ‘Speaker Cruz’

    06/23/2015 7:34:59 PM PDT · by 2ndDivisionVet · 36 replies
    Roll Call's 218 Blog ^ | June 23, 2015 | Matt Fuller, Matthew Fleming, Emma Dumain and Niels Lesniewski
    “Speaker Cruz” is looking for a comeback. With House GOP leaders meting out punishment against conservatives, and with the House and Senate moving ahead on a plan that would give President Barack Obama the authority to negotiate a major trade deal, Sen. Ted Cruz changed his mind on Trade Promotion Authority Tuesday and, in a blistering op-ed, decided to take some shots at GOP leaders along the way. Without offering any real proof, Cruz accused Speaker John A. Boehner and Senate Majority Leader Mitch McConnell of agreeing to vote on renewing the Export-Import Bank if pro-trade Democrats would vote for...
  • Vanity: Rubio Delivered 60th vote for TPA

    06/23/2015 9:29:25 AM PDT · by C19fan · 74 replies
    US Senate ^ | June 23, 2015 | Me
    The cloture vote to give Obama TPA just passed with the minimum number of yea votes. Marco Rubio voted yes so he delivered the 60th vote.
  • Obama twisting Senate Dem arms for TPA test vote today as Cruz switches to No

    06/23/2015 10:15:22 AM PDT · by 2ndDivisionVet · 83 replies
    Hot Air ^ | June 23, 2015 | Ed Morrissey
    Later this afternoon, the Senate will hold a procedural vote on Trade Promotion Authority (TPA) in an attempt to reach cloture and guarantee a floor vote on fast-track authority for Barack Obama on the Trans-Pacific Partnership (TPP) free-trade agreement. On its first go-around, TPA barely made it past this procedural hurdle, with only 13 Democrats coming along for the ride — and that package included Trade Adjustment Assistance (TAA), a key Democratic priority to buffer the effects of globalization for American workers. Without it, even those few Democrats may take a pass on TPA, which would once again put fast-track...
  • Vast Ramifications in Senate Obamatrade Vote Tuesday

    06/22/2015 6:02:09 PM PDT · by plain talk · 12 replies
    Center for Immigration Studies ^ | June 22, 2015 | Jessica Vaughan
    Republican leaders, who seem curiously eager to facilitate this deal for the president, have bent over backwards to assure the many skeptical Republican members that neither Trade Promotion Authority (TPA, or "fast-track" authority) nor the Trans-Pacific Partnership (TPP) pact, which would be the next trade agreement to be rushed through the approval process on an up or down vote without possibility of amendments, includes or allows changes to immigration or visa law. Some might be willing to trust our leaders on that, but in fact the biggest danger is not that the TPA bill and the TPP treaty make direct...
  • Ted Cruz "Believe Again" Event at Drake University on Saturday June 27, 2015 in Des Moines, Iowa

    06/22/2015 7:21:56 PM PDT · by SoConPubbie · 50 replies
    Ted Cruz "Believe Again" Event at Drake University on Saturday June 27, 2015 in Des Moines, IowaIt’s time to break with the past.  Break from the status quo.  Break from the DC power brokers.  It’s time to ‘Believe Again’. Join Ted Cruz on Saturday June 27th in Des Moines to learn more.  You do not want to miss this event. Believe AgainSaturday June 27th, 2015Doors Open at 9:45amProgram Starts at 11:00am Drake UniversitySheslow Auditorium2507 University AvenueDes Moines, IA 50311
  • Hillary's going to lose: Doesn’t see the frustrated progressive wave that'll nominate Bernie Sanders

    06/22/2015 4:54:52 AM PDT · by 2ndDivisionVet · 29 replies
    Salon ^ | June 22, 2015 | Bill Curry
    Clinton's positioning on TPP is way too cute. When it passes with Dems' implicit support, grass roots will explode. Hillary Clinton went to New York’s Roosevelt Island earlier this month to relaunch her campaign for president. Her first kickoff fell flat, perhaps because she herself didn’t attend, opting instead to send a video greeting card in which people she still insists on calling ‘everyday Americans’ shared their life plans. (To go to school! Plant a garden! Get married!) She came on at the end to say she had plans of her own that include being president, and that she does...
  • Sen. Sessions: Slow Fast-Track Now, Before It’s Too Late

    06/21/2015 5:21:05 PM PDT · by sheikdetailfeather · 61 replies
    Breitbart ^ | 6-21-2015 | Jeff Sessions
    Fast-Track, or Trade Promotion Authority, will receive a final cloture vote in the Senate on Tuesday morning. This is the bill that passed the House. If cloture is invoked, the bill will pass the Senate and go to the President’s desk. More than four weeks have passed since the Senate first voted on whether to grant the Executive six years of fast-track authority. In that time, an enormous amount has been discovered about how the President plans to use this authority – information that was either not known or understood when the vote was held. This includes the Administration’s pledge...
  • K Shanmugam meets US presidential hopefuls (Singapore's Foreign Affairs and Law Minister)

    06/20/2015 2:50:54 AM PDT · by 2ndDivisionVet · 9 replies
    Channel NewsAsia ^ | June 20, 2015
    Singapore's Foreign Affairs and Law Minister meets with Senators Ted Cruz and Marco Rubio, both candidates for the 2016 US Presidential Election, during his visit to Washington DC.SINGAPORE: The Republic's Foreign Affairs and Law Minister K Shanmugam met separately with US Senators and candidates for the 2016 presidential election, Ted Cruz and Marco Rubio, during his recent visit to Washington DC. Mr Shanmugam also held meetings with Senator Cory Gardner, Chairman of the Senate Foreign Relations Subcommittee on East Asia, the Pacific and International Cybersecurity Policy, and Representative Matt Salmon, Chairman of the House Foreign Affairs Subcommittee on Asia and...
  • 190 Republicans who voted to ignore 2/3 vote requirement for trade treaty (TPP)

    06/18/2015 4:02:50 PM PDT · by JOHN W K · 128 replies
    6-18-15 | johnwk
    CLICK HERE for the list of House Republicans who spat upon our Constitution today and ignored its expressed requirement for a two thirds approval vote for any deals cooked up by our president with foreign powers. In effect, these Republicans have unconstitutionally lowered the two thirds requirement to a simple majority to approve deals consummated by our president with foreign powers and engaged in the same despotic action the President has engaged in when signing Executive Orders that violate statutory law and/or our Constitution’s written provisions. These Republican turncoat and lying scoundrels tell us that the Pacific Rim deal is...
  • Boehner Purges Conservatives Who Defy on ObamaTrade Votes

    06/18/2015 7:07:24 AM PDT · by HomerBohn · 33 replies
    The New American ^ | 6/17/2015 | William F. Jasper
    House Speaker John Boehner (R-Ohio) and House Majority Whip Steve Scalise (R-La.) have taken swift retribution against House members who dared to break ranks with “the team” on a rule vote for Trade Promotion Authority (Fast Track). On Monday, June 15, Scalise booted GOP Reps. Cynthia Lummis (Wyo.), Steve Pearce (N.M.) and Trent Franks (Ariz.) — all members of the House Freedom Caucus (HFC) — from the whip team. Reps. Lummis and Franks both issued conciliatory statements saying they completely “respect” Chairman Scalise’s decision — perhaps to avoid further retribution. Rep. Pearce was less tilted toward appeasement. “Not much has...
  • Rand Paul to Obama: Finish TPP Trade Deal

    06/17/2015 9:39:51 PM PDT · by MN_Mike · 16 replies
    The Dplomat ^ | October 28, 2014 | Zachary Keck
    RAND PAUL WAS PUSHING OBAMA ON TPP 6 MONTHS AGO, FORGET ABOUT TPA! (With video)
  • Ryan’s ‘Misperceptions’ on Trade Deal Unveiled, Reports Suggest

    06/17/2015 6:59:02 PM PDT · by FR_addict · 27 replies
    Breitbart.com ^ | June 17,2015 | Alex Swoyer
    House Ways and Means Chairman Rep. Paul Ryan (R-WI) joined NPR Wednesday with Steve Inskeep to stress why he says it’s important for Congress to pass Trade Promotion Authority (TPA), which grants President Obama fast-track trade authority. With TPA, Congress cannot issue any amendments to trade agreements and merely gets an up or down vote on a final trade deal. Ryan’s go to remark when first questioned about TPA or the Trans Pacific Partnership (TPP) – which is part of three trade deals currently being negotiated – is he needs to clarify “misperceptions.” “We’re not considering the TPP, the Trans-Pacific...
  • Obama Fails to Pass Trade Bill Backed By Majorities in Both Houses

    06/17/2015 4:44:45 AM PDT · by Kaslin · 13 replies
    Townhall.com ^ | June 16, 2015 | Michael Barone
    Lyndon Johnson used to say that some of his colleagues were so politically inept they couldn't find their posteriors -- actually, he used a coarser word -- with both hands. Last week Barack Obama showed that, as a legislative strategist, he belongs in that category. It's a given that he can't achieve most of his legislative goals with Republican majorities in both houses of Congress. But on trade promotion authority -- legislation to require up-or-down approval without amendments of trade agreements -- he has fumbled even though, as demonstrated on roll calls, his position is supported by a supermajority in...
  • House Republican leaders zero in on new trade strategy

    06/16/2015 7:16:15 PM PDT · by GIdget2004 · 13 replies
    The Hill ^ | 06/16/2015 | Scott wong and Mike Lillis
    House GOP leaders seeking to rebound after a surprise floor defeat on trade are zeroing in on a new strategy to grant President Obama fast-track authority. The plan is to vote as soon as this week on the fast-track bill approved by the House on Friday but to leave aside a second part of the original package that was torpedoed by House Minority Leader Nancy Pelosi (D-Calif.) and other Democrats.  Decoupling fast-track from a separate program granting aid to workers displaced by trade would put pressure on the Senate to pass the legislation, a top priority for Obama that...
  • Dem Operative Rallies Conservatives Against "Obamatrade"

    06/16/2015 7:55:49 PM PDT · by MN_Mike · 6 replies
    Washington Free Beacon ^ | June 11, 2015 | Lachlan Markay
    Self-described progressive Democrat Curtis Ellis finds receptive ears on conservative blogs and talk radio. A leading voice against a pending Asian free trade agreement is tailoring his message to the country’s grassroots conservatives, but until recently he described himself as a progressive and worked for union-backed Democrats.
  • Boehner takes his retribution

    06/16/2015 12:48:44 PM PDT · by cotton1706 · 28 replies
    thehill.com ^ | 6/16/15 | Scott Wong
    House GOP leaders booted three members off the whip team for voting against a procedural rule that structured how a critical trade package was brought to the House floor last week. Majority Whip Steve Scalise (R-La.) informed Reps. Cynthia Lummis (Wyo.), Steve Pearce (N.M.) and Trent Franks (Ariz.) on Monday that they were no longer a part of the GOP’s vote-counting operation, a source close to the whip team confirmed. Scalise’s decision was based on longstanding whip team rules that stated members must “vote as a team on procedural matters” but are free to vote against leadership on underlying legislation,...
  • Flip-Flopping Hillary Is No Profile In Courage On Trade

    06/16/2015 7:27:59 AM PDT · by IBD editorial writer · 3 replies
    Investor's Business Daily ^ | 06/16/2015 | John Merline
    Before the House voted on whether to grant President Obama fast-track authority to negotiate the Trans-Pacific Partnership trade deal, Hillary Clinton said she couldn't make up her mind on the matter, and kept mostly silent.
  • Rep. Gowdy Interview Regarding TPA

    06/16/2015 4:46:18 AM PDT · by MN_Mike · 53 replies
    Vince Coakley on WORD ^ | June 11, 2015 | Trey Gowdy
    Trey Gowdy joins Ted Cruz and other conservatives: Yes on TPA, No on TAA, and indeterminable about TPP (like calling the final score at half time.
  • Robert Reich: Americans have had it with free trade

    06/16/2015 2:17:57 AM PDT · by Cincinatus' Wife · 64 replies
    Salon ^ | June 16, 2015 | Robert Reich
    How can it be that the largest pending trade deal in history – a deal backed both by a Democratic president and Republican leaders in Congress – is nearly dead? The Trans Pacific Partnership may yet squeak through Congress but its near-death experience offers an important lesson. It’s not that labor unions have regained political power (union membership continues to dwindle and large corporations have more clout in Washington than ever) or that the President is especially weak (no president can pull off a major deal like this if the public isn’t behind him). The biggest lesson is most Americans...
  • Western Firms Caught Off Guard as Chinese Shoppers Flock to Web

    06/16/2015 12:30:35 AM PDT · by Cronos · 24 replies
    Wall Street Journal ^ | June 14, 2015 5:30 a.m. | Laurie Burkitt, Peter Evans
    After enjoying nearly three decades of steady growth in its China business, Unilever PLC last year watched sales fall off a cliff. The maker of Dove soap, Lux shampoo and Comfort fabric softener warned in October of a 20% drop in its third-quarter China sales. The next quarter, the company announced another 20% fall. Unilever blamed a slowing Chinese economy and a pullback by shoppers. But a close look at retailing trends in China suggests Unilever was also feeling the pain of the migration of hundreds of millions of Chinese consumers to online shopping. Unilever wasn’t the only Western company...
  • Jenks: Fast-Track Would Lead To Passage Of Trade Deal That Could ‘Open Up’ Immigration Laws

    06/15/2015 1:39:09 PM PDT · by Jane Long · 36 replies
    Breitbart.com ^ | June 15, 2015 | Ian Hanchett
    NumbersUSA Director of Government Relations Rosemary Jenks stated that if fast-track passed, Congress would not reject the Trade in Services Agreement, which could make the US “open up it’s immigration laws” on Monday’s “Laura Ingraham Show.” Jenks said, “We have had Ambassador Froman, the US Trade Rep., go to Congress on multiple occasions and assure members of Congress that the United States is not negotiating immigration in TPP, the Trans-Pacific Partnership. Well, we know that there is in fact an immigration chapter in TPP, but it looks relatively harmless. What he failed to tell us, and members of Congress, is...
  • Rep. Huizenga | Why I Support TPA

    06/15/2015 9:30:22 AM PDT · by CreviceTool · 16 replies
    Huizenga for Congress ^ | June 15, 2015 | Bill Huizenga
    A lot of misinformation is being spread about Trade Promotion Authority or TPA that is currently being debated in Congress. First and foremost I want to tell you why I support TPA and why I think it's an important step forward for not only West Michigan but the entire country. The Constitution lays out specific roles for both the President as well as Congress in terms of trade. The President's role is to negotiate with foreign counties on behalf of the United States, while the role of Congress is to review any potential trade agreement and then vote to either...
  • TPA, TAA, TPP, TED CRUZ, JEFF SESSIONS AND YOU pt2

    06/14/2015 9:36:25 PM PDT · by SoConPubbie · 111 replies
    Examiner ^ | June 14, 2015 | Bill Sullivan
    INTERVIEWER ASKS CRUZ IS JEFF SESSIONS RIGHT This has been before SCOTUS and has been long upheld and used since Washington. Thus this is NOT a giving of power to the President but a way to keep him in check. It does not allow anything to be done in US law about immigration. The TPA REQUIRES that once an agreement is negotiated (the TPP) It MUST be put out to the public and the people’s representatives for at least 60 days to even be legal. Once all the representatives and people who want to read it all, it can be...
  • TPA, TAA, TPP, TED CRUZ, JEFF SESSIONS AND YOU

    06/14/2015 6:35:25 PM PDT · by 2ndDivisionVet · 217 replies
    The Examiner ^ | June 14, 2015 | Bill Sullivan, Little Rock Religion Examiner
    STOP FIGHTING AGAINST PATRIOTS.TPA, TAA, TPP, TED CRUZ, JEFF SESSIONS AND YOU There is a lot of confusion about these acronyms; about what Jeff Sessions believed and what Ted Cruz voted for. But I hope you are able to see when I finish, why we should be careful in fighting our own about every thing we hear. Sometimes they will even differ in their understanding. I was ignorant about it up until a week or two ago, when I looked into the matter carefully. First of all not one person up there understands more about international rulings and how they...
  • Trans-Pacific Partners (TPP) Countries: Comparative Trade and Economic Analysis

    06/13/2015 11:59:47 PM PDT · by Cincinatus' Wife · 148 replies
    Congressional Research Service ^ | June 10, 2013 | Brock R. Williams
    The Trans-Pacific Partnership (TPP) is a proposed regional free trade agreement (FTA) among 12 countries: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam. The negotiating partners have expressed an interest in allowing this proposed “living agreement” to cover new trade topics and to include new members that are willing to adopt the proposed agreement’s high standards. Japan is the most recent country to seek entry into the TPP. The Administration gave Congress notice of its intent to negotiate with Japan in the TPP on April 24, 2013......
  • TED CRUZ HQ: A Note to Conservatives on Trade Agreements

    06/13/2015 4:07:12 PM PDT · by 2ndDivisionVet · 237 replies
    Ted Cruz for President ^ | June 12, 2015 | Staff
    Senator Cruz entirely understands the widespread suspicion of the President. Nobody has been more vocal in pointing out the President’s lawlessness or more passionate about fighting his usurpation of congressional authority. Senator Cruz would not and will not give President Obama one more inch of unrestricted power. There have been a lot of questions and concerns about the ongoing Pacific trade negotiations. Many of those concerns, fueled by the media, stem from confusion about Trade Promotion Authority (TPA) and the proposed Trans-Pacific Partnership (TPP). Let’s unpack the issues one by one. What are TPA and TPP? TPA stands for Trade...