The Wall Street Journal's Credibility Sinks to A New Low

American Economic Alert ^ | 05/06/04 | William Hawkins

[1rudeboy]

blah blah blah. I wish I had the time to post the actual WSJ editorial so that folks could see that Hawkins smokes crack.

[ninenot]

Facts are troublesome, which is why the WSJournal doesn't admit to all of them.

Perhaps the editorial page will next start pushing Kofi Annan for Imperial Grand New Order Leader.

[kevkrom]

If a Kerry enabler is claiming the WSJ is reaching a "new low", then I for one think the WSJ needs to go further down that path, because it's obviously working.

[Texas_Dawg]

Yawn...

[1rudeboy]

You must admit, the WSJ is certainly efficient. Look how little of the editorial in question was quoted by Mr. Hawkins.

[adam_az]

Oh please.

"In a May 4 editorial, the Wall Street Journal accused Democratic presidential candidate Senator John Kerry of having a “paranoid” worldview and engaging in “xenophobia” because he has been talking about taking action to open foreign markets to U.S. exports, revive American manufacturing, and regain some of the 2.6 million manufacturing jobs lost since 2000."

Vote for him then, and stfu.

Kerry isn't going to try to open foreign markets to US exports - he is trying to start a freaking trade war. Tell me how that would be good for the economy?

[ninenot]

Evidently reading was not part of your grade school curriculum.

Hawkins does NOT like Kerry. Not at all, not in the least.

The point of the article was that the WSJ is smoking dope.

[gakrak]

And he does that with his head where the sun don't shine.

[Poohbah]

Kerry isn't going to try to open foreign markets to US exports - he is trying to start a freaking trade war. Tell me how that would be good for the economy?

It will be good for the economy when it goes from trade war to shooting war, and we destroy everyone else's industrial base.

A lot of folks forget that the period 1945-1970 was a complete aberration in history--never had one country had so much of the world's industrial base, and WW2 was the reason.

[Always Right]

Kerry isn't going to try to open foreign markets to US exports

Oh I disagree. Look at what Clinton did, opened up the Chinese market so we could ship them our best missle technology. Certainly Kerry could open up that North Korean market so we could improve the accuracy of their nukes. If North Korea is gonna fire nukes, we want them to be accurate....

[ninenot]

You move. If you really want to demonstrate that Hawkins is a dopesmoker, (instead of the WSJ editorialist) then you'll find the time.

By the way, how's pricing for structural steel lately? Like losing your ass on fixed-bid contracts?

[bwteim]

You can only excerpt from WSJ...




Kerry Tries Xenophobia As a Campaign Ploy
May 4, 2004; Page A21

John Kerry's tour of the Midwestern "swing" states last week was notable for one thing: the all-pervasive negativism about U.S. commerce with the rest of the world.


He wants revival of a lapsed law called "Super 301" which requires the U.S. trade representative to nitpick U.S. trading partners for "rules violations" and punish them with trade sanctions.

CUT

He claimed direct investment in the U.S. is drying up, when in fact it's booming.


CUT

Much to Mr. Kerry's political discomfort, the U.S. is enjoying a robust economic recovery. After a strong comeback in the third quarter last year, economic growth has exceeded an annual rate of 4% -- well above the historic average -- for two quarters in a row. Personal income and consumer spending are rising.


CUT

Mr. Kerry's remarks sound as if he has morphed back to the 1970s, when a lot of people, still laboring with theories that afflicted the International Monetary Fund, thought that a weak currency would "correct" a trade imbalance.

CUT


If he wants to behave like a junkyard dog, he might get more votes by biting his Senate colleagues for overspending than he's likely to get threatening the foreigners who supply Americans with goods.

[ninenot]

Kerry has NO IDEA what's going on. He is consistently a FreeTraitor (until about 60 days ago.)

Not to worry about Kerry.

Worry, instead, about those whose interests do NOT parallel those of the USA.

That would be Rockwell, Intel, Motorola, GM, FoMoCo, H-P---just for starters...

[Bismarck]

Sorry, the WSJ is a great paper. So they are in favor of globalization and free-market. It seems that nostalgic protectionists and cheap liberal populists dislike it just for that.

[Tacis]

Reminds me of the other noght watching one of the Fox shows. There was a good looking, older blond bimbo who caught my eye. I listened to her until she said, "...and, Terry McAiliffe tells the truth..." and then clicked to something useful.

It is always amusing to see a dem scumbag crap weasels question some one else's integrity or accuse them of sinking to a new low. Crap weasels rise to a new low!

[ninenot]

He claimed direct investment in the U.S. is drying up, when in fact it's booming

Already demonstrated to be largely capital transactions, i.e., the Brits bought another US company.

Look, I think (as does Hawkins) that Kerry sucks. Even the Dimowit Establishment agrees.

Having said that, do you want to get to the point?

Kissing the PRC butt, ignoring their continuing human rights violations, ignoring their 'fix' of their currency, and ignoring their MASSIVE pollution of the country (we're not talking about a couple of grams of mercury here)--in combination with their piquant "labor practices" (i.e., slavery) is the point. Get it?

[SixIron]

Right on. The WSJ is the voice of reason, and they have one of the largest circulations in the country for good cause. After I read the LA Times, I go to the Journal for an objective opinion.

[ninenot]

It seems that nostalgic protectionists and cheap liberal populists dislike it just for that.

You ought to look at the "nostalgic, cheap, liberal" Republican Party platform of 1900.

Some of us are patriots. Want to join?

[Redbob]

I think you forgot the mandatory "BARF ALERT" in the title;

perhaps you didn't read the WSJ column that triggered this screed.