Economic Rivals Given “Go-Ahead” to Destroy Rest of Domestic Manufacturing by Bush’s Stand on Trade

Trade Alert.us ^ | 1/30/04 | William Hawkins

[ClintonBeGone]

Is this all wrong? Maybe so. But probably not. I can say this because I realize all freedoms have limits.

You've yet to tell me why freedoms have limits. At least why the freedom to trade should have limits. The drug analogy is silly when the libertarians make it and it's silly tonight. It's silly because there is nothing productive that comes from injesting mind altering drugs. There's no compelling reason to do drugs. There's no compelling reason to possess child porn or molest children, yet there are libertarian factions that believe those activities should be allowed. Let me ask you this, do you think there should be a limit on rich someone can be?

[Euro-American Scum]

First, the world is basically a harmonious place where conflict can be avoided by a mutually beneficial division of labor that integrates the world.

Well, let's just remove such wonderful human traits as greed, lust, power, envy and revenge. Take all that out, and voila!, an instant workers paradise. Oh, that's right. No need to remove them. The world is basically a harmonious place. I keep forgetting.

Second, the division of labor can best be managed by private enterprise pursuing its own ends without being held accountable for any larger consequences.

And we all know international corporate executives can be trusted to be fair, just, even-handed and always do the right thing. < / sarcasm>

[LibertyAndJusticeForAll]

"It should be recalled that one reason the American colonies revolted against England was that they did not like their assigned place in the imperial division of labor. The independent United States became an industrial competitor of the British Empire and eventually surpassed it.

Reports from the recent World Economic Forum held in Davos, Switzerland indicate that a host of powers are working in the same way to undermine America´s economic leadership and overthrow its status as the only global superpower. Zhu Min, general manager and economic adviser at the Bank of China, predicted his country will become the main challenger to U.S. economic power, surpassing Japan to become the world´s second largest economy by 2020."

If neither major party will wake-up to the facts, then maybe after 2004, Conservatives need to look at the Constitution Party to be ready for 2008.

[Reaganwuzthebest]

We can't offshore manufacturing and high tech without there being consequences of exactly this sort.

If policies don't change millions more high paying jobs are outta here, even the government admits to that. Coupled with massive illegal immigration it's a recipe for third world status.

[Indie]

Coupled with massive illegal immigration it's a recipe for third world status.

True imo.

Also coupled with isolationism. As with The Roman Empire, the day we stop meeting the barbarians at the outside fringes [the front line] away from our homeland, will be the day they will begin to hit us harder inside, and eventually defeat us.

Bush's strategy of hit them where they are now, is ingenious. We can not afford to fight them on our own territory. By then it will be too late for our nation state to survive. [martial law, no more Republic, unrecoverable physical and systemic damage]

Pray to God in Heaven the moronic breeding machine cultures of our country do not gain the upper hand and elect a Rat to the Presidency. [sorry i wandered]

[Reaganwuzthebest]

Bush has done a good job fighting the terrorists, and he did the right thing in taking it outside the US. I've got nothing bad to say about him on that front.

[Cacique]

ping

[BrucefromMtVernon]

There's this mistaken notion that "free" trade somehow enhances our "freedoms". NAFTA is a disasta.

[A. Pole]

"My administration is promoting free and fair trade to open up new markets for America's entrepreneurs and manufacturers and farmers -- to create jobs for American workers."

Free trade bump.

[A. Pole]

I'm all mush now. :)

Rush, is that you?

[A. Pole]

If they can't compete, close up shop and sell the real estate for a new subdivision. Thats the way the market works bro.

And when the all assets are sold to the foreigners the dollar value will fall low enough to make foreign products and services too expensive for American consumers. Thats the way the market works man.

[snopercod]

I was reading in IBD yesterday that the average American has almost $9,000 in credit card debt, and a $21,000 car loan.

Just damn...

[A. Pole]

What business is it of the citizens whether a particular company or industry wins or loses? What gives you the right to determine anything to do with a company or industry?

What gives private corporations the right to expect services from the government like police/legal/military protection, stable currency, taxpayer founded roads etc?

[ClintonBeGone]

What gives private corporations the right to expect services from the government like police/legal/military protection, stable currency, taxpayer founded roads etc?

How about because they pay taxes just like I do. Corporations are not your private piggybank that you and your lib friends can confiscate for your socialist agenda.

[ExSES]

I worked in credit/collections for 20 years. People just do not understand how truly scary this is. But then most people are in debt up to their eyeballs and don't see how close that is to going over their heads.

I FULLY AGREE!!!

While my Father preached fiscal responsibility when I was a kid, it was not until I worked as a "Repo Man" upon graduating from college that I truly appreciated his economic advice . While I didn't spend long in that endeavor, I stayed long enough to see and, more importantly..., learn enough about self-induced economic misery to fully reinforce my Father's teachings...

Best "real world" educational experience I ever had!!

[A. Pole]

How about because they pay taxes just like I do.

Really? If the citizens pay taxes on their income without deducting their living expenses, why the corporations deduct their costs? They should be taxed on the gross revenue same way as everyone else.

[ex-snook]

"Really? If the citizens pay taxes on their income without deducting their living expenses, why the corporations deduct their costs? They should be taxed on the gross revenue same way as everyone else. "

Wonder what sacrifices investors are making for the 'war effort'? Tax increases to pay for the war and protecting the jobs for returning vets before sending them the credit bill would be patriotic.

[FITZ]

But then most people are in debt up to their eyeballs and don't see how close that is to going over their heads.

"Middle-class" used to mean the group of people whose paychecks pretty much met their needs --- who had to work for a living but could live with their income and even have a few luxuries and accumulate some savings. With the high debt many people are living in, I don't think they are really what you could call middle class anymore --- they have the lifestyle and the few luxuries but they're unable to save and many are at the edge of financial disaster.

[FITZ]

I was reading in IBD yesterday that the average American has almost $9,000 in credit card debt, and a $21,000 car loan.

And some of that is the fault of our society --- people see status in things and that seems more common today than in the past. A $21,000 car that by the time they actually own it, they will be ashamed to be seen driving it --- and start all over.

[jpsb]

I the the plan is to let the dollar fall until our goods are competitive with third world goods. If so then the dollar won't buy much. And us dollar workers will be third world poor. Notice that the dollar has lost what 40% in the last couple of years? I wonder that all those Chicom and Saundi banks think about losing 60 or 80% on their holdings.