[Willie Green]

Why the American Public Rejects the Bush Economic "Plan" (Part I)

Reform CFIUS to Stop Foreign Raiders from Dismantling the Defense Industrial Base

[Willie Green]

ping

[harpu]

"The sky is falling, the sky is falling, the sky is falling..."

Oh, never mind, it's just Willie sharing his negative finds.

[raybbr]

In 2003 and 2005, President Bush threatened to veto legislation from the House Armed Services Committee that would have restricted the outsourcing of military contracts – in order to maintain a stronger domestic defense industrial base. His threat was not tested because Republican leaders in the Senate, lobbied heavily by corporations that favor the overseas outsourcing of defense work, blocked the House initiative. So today we buy components for our precision-guided bombs from China.

At least the Outsourcer-in-Chief is consistent.

[Echo Talon]

All these congress critters are gonna look like a bunch of punks when they all change their minds because either this deal goes though or we lose the UAE.

[yoe]

(In the specific case of the state-owned company Dubai Ports World...)

Read and learn..............

[G.Mason]

"The average citizen knows this by instinct. Seeing factories close or move overseas, and watching domestic assets transferred into foreign hands, are clearly not the signs of a country positioning itself for a better future. That is why the revolt against the White House on the ports comes from the grassroots, amplified by talk radio."

The "average citizen" knows little of foreign policy and what it should, or should not be.

As far as the deficit goes, they could care less as long as they get their little piece of the pies. That, even though they believe the U.S. "daffolsit" is like them being over their heads in debt, which it is not.

But sure, let's build a wall around us and live happily ever after.

[ex-Texan]

*BUMP*!

No problemo. Just buy some cheap crapola from the nearest Wally World and build our international trade deficit. NAFTA and CAFTA are good. 'Sales are good for our economy,' says the Rushbots. Whatever. 'The Dubai ports deal is good,' say dittoheads. Whatever, again and again, whatever. I recommend you refinance your home, apply for more credit cards, buy a new Cadillac and party while the party still lasts. After all, it's only money. Who cares that bankruptcy no longer works and your mountain of debt has been sold to countries like Dubai. I'm going to buy foreclosures.

[catpuppy]

Protectionism by any other name is still protectionism and, when practiced by the world's leading economy, a fast track to worldwide economic disaster.

[A. Pole]

The average citizen knows this by instinct. Seeing factories close or move overseas, and watching domestic assets transferred into foreign hands, are clearly not the signs of a country positioning itself for a better future.

This is a vicious circle. In order to cover the trade and budget deficit the assets have to be put on sale. Foreign interests have to use their dollars somehow. This is the real price for Walmart discounts.

[LS]

Funny, unemployment down, housing starts up, employment up, business growth up. Yep, the old "American public" is really "rejecting" the Bush economic plan.

Sort of like how the "public" rejected "American Idol."

[jwalsh07]

OK, I'll take a stab at it. 4.7% unemployment rate despite 9/11, Katrina and a global WOT??

[B4Ranch]

ping

[fallujah-nuker]

Whats that train coming down the track Willie? Could it be the Acela Express?

Nope, it's the "Sellout Express!"

"All aboard, the Sellout Express is now departing for Amnesty, Dhimmitude and Mexifornia."

"Dhimmitude, Dhimmitude, the next stop is Dhimmitude..."

[Question_Assumptions]

The Democrats could get their traditional constituencies back if they moved to the right on social issues. Since the anti-American whackos have taken over the national party and they want to destroy America even more than the Republicans, that's not going to happen, which is why the Republicans are in no rush to change.

[Alberta's Child]

I'm a little surprised to see this guy William Hawkins writing an article so full of erroneous information about the Dubai Ports World deal -- long after even most third-rate media outlets have figured out the real story and started reporting on it accordingly.

[napscoordinator]

I didn't know we did...this is news to me...

[Paul Ross]

Bump!