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Keyword: trade

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  • Insourcing to America

    12/14/2012 6:05:27 AM PST · by Kaslin · 29 replies
    Townhall.com ^ | December 14, 2012 | Suzanne Fields
    The prospect of hanging, as Samuel Johnson observed, "concentrates the mind wonderfully." We're counting on that kind of concentration to keep us from falling off the infamous fiscal cliff, which doesn't sound like fun. But while the Republicans and Democrats argue about whom to blame if they let the worst happen, we might look outside the box to find something beyond partisan gloom and economic doom. We've given up our role as the manufacturing colossus, which blinds us to the reality that the times, they are a-changing -- again. "For decades," writes James Fallows in The Atlantic magazine, "every trend...
  • Possible Mississippi River Shutdown Threatens Thousands of Jobs

    12/01/2012 5:14:26 PM PST · by 2ndDivisionVet · 79 replies
    KMOX-AM ^ | November 30, 2012 | Justin Wingerter
    It’s an issue that has plagued states along the Mississippi River for months and has now landed squarely on the desk of President Obama: how to prevent the imminent shutdown of commercial traffic along the nation’s largest waterway. A nationwide drought, the worst to hit the U.S. in decades, has lowered water levels along the river, threatening barge traffic. White House spokesman Jay Carney told reporters Thursday that the President raised the issue with Agriculture Secretary Tom Vilsack at Wednesday’s cabinet meeting, directing his administration to take “every step to mitigate” the situation. Carney added that there are a number...
  • No President Obama, We Can't "Outcompete" Other Countries

    11/28/2012 9:40:46 AM PST · by SeekAndFind · 7 replies
    Forbes ^ | 11/28/2012 | Harry Binswanger
    In a campaign speech, President Obama said: “I know we can outcompete any other nation on earth.” No we can’t. We can’t outcompete Germany, China, France–we can’t compete any other country. In fact, no country can outcompete any other. The very concept “outcompete” makes no sense on a national scale. One business can outcompete another business, but a nation can’t outcompete another nation across the board. Suppose Bangladesh firms have a comparative advantage in sewing garments. Even if Americans are better at it than Bangladeshis, both countries gain if Americans outsource their garment-sewing work to Bangladesh firms and shift American...
  • Sea Tensions Erupt at Asian Summit [Obama Fails Again]

    11/23/2012 1:43:12 AM PST · by SoFloFreeper · 8 replies
    Wall Street Journal ^ | November 20, 2012 | NATASHA BRERETON -FUKUI, CHUN HAN WONG and ENDA CURRAN
    ... Obama supported Southeast Asian nations' proposed multilateral approach to tackling territorial tension in the South China Sea, pushing back against Beijing as a major international meeting became bogged down in acrimony for the second time in five months..
  • Republicans Should Pretend It's Romney's First Day And Act On China

    11/13/2012 2:00:40 PM PST · by DannyTN · 73 replies
    Campaign for America's Future ^ | November 7, 2012 | Dave Johnson
    Romney promised that he would act on China's currency manipulation "on his first day." So Republicans can pretend Romney won, and actually act on China's currency manipulation! If they would actually do what they promised to do we could get a lot a lot of "job creation" going on. Or will they continue to obstruct? China continues to manipulate its currency. It has been getting better but not fast enough. This manipulation keeps the prices of things made in China lower than they should be -- even before taking into account all of the other trade cheating China has been...
  • The Modern Democratic Party and Barack Obama, the Outsourcer-in-Chief

    11/05/2012 6:45:39 PM PST · by jfd1776
    Illinois Review ^ | November 5, 2012 A.D. | John F. Di Leo
    Among the Obama campaign’s many accusations this year, one of the more interesting ones has been the claim that Mitt Romney was an “outsourcer” during his days at Bain Capital. When exploring this claim, we must remember the job of a company like Bain Capital: it’s to create value for the investors by building a successful company. The vast majority of companies that Bain shepherded to success during Romney’s tenure were and are, in fact, major employers, major retail, wholesale, or manufacturing firms that employ thousands and thousands of Americans. The net result of Mitt Romney being involved in the...
  • Destruction of the US Dollar

    10/15/2012 2:04:32 PM PDT · by Tolerance Sucks Rocks · 11 replies
    Patriot Action Network ^ | October 14, 2012 | Roger O'Daniel
    The picture below shows $15 trillion dollars worth of $100 bills on $10 million dollar pallets stacked on top of each other over an area that is one third larger than a regulation football field. An electronics van is parked between the stack and the Statue of Liberty. A single $100 million dollar pallet rests in front of the truck’s cab. See it?Recently, I reported that the Federal Reserve Bank (FED) secretly gave ten trillion dollars of interest-free loans to over a dozen European banks to shore up the Euro and keep them financially solvent. I later found out that...
  • US-Taliban talks collapsed over Guantánamo deal, says official

    10/09/2012 12:11:29 AM PDT · by Brad from Tennessee · 16 replies
    The Guardian ^ | Oct. 8, 2012 | By Julian Borger
    Peace talks between the US and the Taliban broke down in March mainly because the Afghan insurgents refused to agree to a deal by which guerrilla commanders released from Guantánamo Bay would remain under Qatari government supervision in Doha, a senior US administration official said. ------------------------------snip------------------------ The collapse has been widely blamed on resistance in the US Congress and the Pentagon to allowing any Taliban prisoners to be released or transferred from Guantánamo. However, a senior administration official insisted the Obama administration had been ready to transfer the five prisoners to Qatar had the Taliban agreed to the conditions in...
  • Red China’s Economic Strategies for Central Asia: Building Roads to Afghan Strategic Resources

    09/25/2012 10:46:49 PM PDT · by bruinbirdman · 7 replies
    Jamestown Foundation Eurasia Daily Monitor ^ | 9/21/2012 | Zabikhulla S. Saipov
    Recent Chinese diplomatic maneuvers in Central Asia, both bilateral and multilateral, show that Beijing’s strategy treats the region as a corridor for reaching resource bases in Afghanistan, the Middle East and Africa. Central Asia is thus part of China’s broader blueprint of securing strategic resources and supplies to feed its developing economy (Z. Saipov, China Oil & Gas Monitor, Week 21, Issue 396, News Base, May 31, p. 3–4). Hu Jintao (L) and Islam Karimov Illustratively, Chinese Vice Premier Hui Liangyu’s two-week official tour of Congo, Tanzania, Kyrgyzstan and Uzbekistan on September 1–13 (English.sina.com, September 6) supports the premise that...
  • US plan to sell 'chateau' wine in EU angers France

    09/24/2012 11:44:41 PM PDT · by bruinbirdman · 13 replies
    The Telegraph ^ | 9/24/2012
    The US has angered vineyard owners across France with a plan to sell some of its wines in the European Union with a "chateau" or "clos" label. "What is at stake is the respect for tradition and quality," Laurent Gapenne of Chateau de Laville and president of the Federation des Grand Vins de Bordeaux told the Associated Press. For American vintners it is a question of selling more wine in their top export market, unshackled by historic language or restrictive terms in the world of 21st century globalization. "People use words in different ways," WineAmerica chief operation officer Cary Greene...
  • BOMBSHELL: US in talks to swap jihad terror Sheikh Omar Abdel Rahman & 49 others for 19

    02/29/2012 7:25:03 AM PST · by combat_boots · 22 replies
    Atlas Shrugs ^ | 2/29/2012 | Pam Geller, Robt Spencer, et all
    (title continued) Americans held in Egypt Shocking. This would be the nadir of Obama's craven foreign policy of surrender, releasing the mastermind of the 1993 World Trade Center bombing that killed six people and injured more than a thousand. Treason. Al-Arabiya: US in talks to swap jihad terror Sheikh Omar Abdel Rahman & 49 others for 19 Americans held in Egypt thanks to Robert Spencer
  • Member of Egyptian Terror Group Goes to Washington (Lobbies for release of 'blind sheik')

    06/22/2012 8:54:34 AM PDT · by kristinn · 13 replies
    The Daily Beast ^ | Thursday, June 21, 2012 | Eli Lake
    Terrorists aren’t supposed to get visas. But Hani Nour Eldin was apparently invited to D.C. this week to meet with top officials. Did no one Google him? It was supposed to be a routine meeting for Egyptian legislators in Washington, an opportunity for senior Obama administration officials to meet with new members of Egypt’s parliament and exchange ideas on the future of relations between the two countries. Instead, the visit this week looks like it’s turning into a political fiasco. Included in the delegation of Egyptian lawmakers was Hani Nour Eldin, who, in addition to being a newly elected member...
  • Obama Says One Thing in Spotlight, Another Behind Closed Doors

    09/17/2012 10:56:57 AM PDT · by Theoria · 11 replies
    Truthout ^ | 16 Sept 2012 | Kevin Zeese
    Jobs. That is the issue in the election – at least that is the issue Obama and Romney are focused on – who will create more jobs for a country in desperate need of them. During his convention speech, President Obama mentioned jobs 19 times, Romney did so 16 times. Obama promised a future where the U.S. will "outsource fewer jobs." Of course, Romney is known as someone who made hundreds of millions by outsourcing jobs. Former President Clinton put forth a job scorecard, arguing Obama and the Democrats will create more jobs. Neither candidate is arguing for a New...
  • Problems Solutions and Trade Offs II

    09/10/2012 3:13:27 AM PDT · by Kaslin · 5 replies
    Townhall.com ^ | September 10, 2012 | Mike Adams
    Most of my columns are meant to expose the hypocrisy of self-described liberals who have taken over our institutions of higher learning. However, on some occasions, I attempt to address misguided thinking among self-described conservatives. An example is my recent column “Romney and the Rapist,” which was described by many readers as either “weird” or “convoluted” or both. Those descriptions are indeed accurate and reflect the intention behind the controversial essay. It was my intention to write a column that would identify absurd arguments as a means of drawing out the flawed reasoning of those who would support Romney’s...
  • Massive Gold Trove Sparks Archeological Dispute

    06/21/2012 5:36:03 PM PDT · by Theoria · 30 replies
    Spiegel Online ^ | 21 June 2012 | Matthias Schulz
    A 3,300-year-old treasure trove of gold found in northern Germany has stumped German archeologists. One theory suggests that traders transported it thousands of miles from a mine in Central Asia, but other experts are skeptical. Archeologists in Germany have an unlikely new hero: former Chancellor Gerhard Schröder. They have nothing but praise for the cigar-smoking veteran Social Democratic politician. Why? Because it was Schröder who, together with Russian leader Vladimir Putin, pushed through a plan to pump Russian natural gas to Western Europe. For that purpose, an embankment 440 kilometers (275 miles) long and up to 30 meters (100 feet)...
  • Are trade deficits a good thing or a bad thing?

    06/21/2012 11:06:18 AM PDT · by moonshot925 · 65 replies
    econdataus ^ | 21 June 2012 | me
    The United States had a trade surplus every year from 1894 to 1970. The trade deficits started in 1971. 1975 was the last year the United States had a trade surplus. We have had a trade deficit every year since 1976.
  • Leaked Pacific Trade Pact Exempts Foreign Firms From U.S. Law?

    06/16/2012 8:42:13 AM PDT · by Son House · 7 replies
    Americans for Limited Government ^ | June 14, 2012 | Bill Wilson
    Americans for Limited Government President Bill Wilson today issued the following statement reacting to a leaked version of the Trans-Pacific Partnership trade pact with Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, and Vietnam: “These new trade agreements will place domestic U.S. firms that do not do business overseas at a competitive disadvantage. Based on these leaked documents, foreign firms under this trade pact could conceivably appeal federal regulatory and court rulings against them to an international tribunal with the apparent authority to overrule our sovereignty. If foreign companies want to do business in America, they should have to...
  • Transparent Incompetence (Oliver North rips Obama)

    06/14/2012 5:19:58 PM PDT · by jazusamo · 16 replies
    Creators Syndicate ^ | June 15, 2012 | Oliver North
    WASHINGTON — Senior members of Congress — both Republicans and Democrats — are reacting with shock and awe at the tsunami of national security leaks emanating from the Obama administration. Sen. John McCain, R-Ariz., ranking Republican on the Senate Armed Services Committee, told Greta Van Susteren on Fox News Channel that the unauthorized disclosures of classified information are "the most egregious breach of national security" he ever has seen. Sen. Dianne Feinstein, D-Calif., chairwoman of the Senate Select Committee on Intelligence, told reporters this week, "The accelerating pace of such disclosures, the sensitivity of the matters in question and...
  • Obama Trade Document Leaked, Reveals More Broken Campaign Promises

    06/13/2012 12:24:20 PM PDT · by Iron Munro · 14 replies
    Examiner.com ^ | June 13, 2012 | Mike Delrio
    A document posted online early Wednesday morning reveals the Obama administration intends to give new political powers to multinational corporations, contradicting prior campaign promises. The leaked document was posted on the website of Public Citizen, a national, nonprofit consumer advocacy group that has been critical of the administration’s trade objectives. The most recent leak follows growing controversy surrounding the secrecy of the Trans-Pacific trade talks. Members of Congress, including key Democrats, have complained the secrecy of the trade discussions is insulting. In addition to growing outrage in Congress, public health experts, labour unions and internet freedom advocates have voiced concern...
  • Panetta calls for deep U.S.-India defense ties, more arms trade

    06/06/2012 12:31:40 PM PDT · by moonshot925 · 10 replies
    Reuters ^ | June 6 2012 | David Alexander
    (Reuters) - The Defense Secretary Leon Panetta promised on Wednesday to let India buy America's best weapons technology and jointly produce and develop equipment in a bid to increase trade with the world's top arms importer. India last year agreed to buy a fleet of C-17 transport planes and P-81 maritime surveillance jets from U.S. company Boeing, as well as Lockheed Martin's Super Hercules. It is at a late stage of talks to buy more than a dozen Boeing Apache helicopters and last month cleared the purchase of 145 M777 Howitzer artillery guns. Panetta made no public mention of these...