Posted on 09/17/2009 6:18:10 AM PDT by Bill Dupray
It is safe to say that certain elements of the MSM are starting to see that our emperor has no clothes. Whenever a story like this comes out, one wonders whether Obama is just naive and inexperienced or a bald-faced liar. Which one do you think the Post chooses?
(Excerpt) Read more at patriotroom.com ...
I prefer not to limit my options. I think Obama is a naive and inexperienced bald-faced liar.
The Section 201 steel tariff is a political issue in the United States regarding a tariff that President George W. Bush placed on imported steel on March 5, 2002 (took effect March 20). The tariffs were lifted by Bush on December 4, 2003.
The temporary tariffs of 8-30% were originally scheduled to remain in effect until 2005. They were imposed to give U.S. steel makers protection from what a U.S. probe determined was a detrimental surge in steel imports. More than 30 steel makers had declared bankruptcy in recent years. Steel producers had originally sought up to a 40% tariff. Canada and Mexico were exempt from the tariffs because of penalties the U.S. would face under the North American Free Trade Agreement. Additionally, some developing countries such as Argentina, Thailand, and Turkey were also exempt. The typical steel tariff at the time was usually between zero and one percent, making the 8-30 percent rates seem exceptionally high. These rates, though, are comparable to the standard permanent US tariff rates on many kinds of clothes and shoes.
I remember that. I think it was right about then that I decided Bush was a fool.
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