To: Calpernia; All; blackie
Duncan Hunter: No, you know what we are talking about actually is reversing what China has got which is protectionism. Right now, if we send a good to China, they hit us with a 17% tax at the waters edge. When they send their products to the United States their government subsidizes every product they send over by cheating on trade. The devalue their currency 40% below where it should be. That undercuts on every American product. They know they are doing it. The head of the Federal Reserve Board, Ben Bernanke, knows they are doing it. He said as much. Yet we have allowed them to continue to do it. One thing that a President does, is enforce trade rules. I am going to enforce trade rules. I am going to stop China from cheating on trade. If we have to use counter veiling duties we are going to do that. But we are going to keep them from enmassing these 100s of billions of dollars, some of which they are using to buy weapon systems. And the difference between China and Japan is this, Japan is a military ally. Not a robust ally, not one that comes to Iraq or Afghanistan with lots of help. But China is a potential adversary and certainly one that has conflicting interest. The idea that American dollars that are being used to buy missile destroyers from the Russians which were designed to kill American aircraft carriers and buy and build ballistic missiles some of which are aimed at our cities does not make good policy. It's a beautiful thing, ain't it? Man he just doesn't miss a beat.
69 posted on
09/04/2007 12:51:10 PM PDT by
AuntB
(" It takes more than walking across the border to be an American." Duncan Hunter)
To: AuntB
And he clarifies everything so well. ‘Cheating on trade’ is kinda like a buzz phrase/shop talk. He explains it so well, my youngest would understand it.
70 posted on
09/04/2007 12:58:23 PM PDT by
Calpernia
(Hunters Rangers - Raising the Bar of Integrity http://www.barofintegrity.us)
To: AuntB
Duncan Hunter Nailed it again!!
73 posted on
09/04/2007 3:01:55 PM PDT by
blackie
(Be Well~Be Armed~Be Safe~Molon Labe!)
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