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Republican Shocker: Free Trade's Not So Good After All
CNBC ^ | 10-4-07 | John Harwood

Posted on 10/04/2007 7:07:18 AM PDT by SJackson

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To: dennisw
You are debating a hypocrite who invests in foreign currencies

You thought Warren Buffett was a genius for investing in foreign currencies. LOL!

Are you ever going to show that a trade deficit has been bad for America? Or are you just gonna whine like a little girl?

341 posted on 10/05/2007 7:08:41 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Toddsterpatriot
"Are you ever going to show that a trade deficit has been bad for America?"

That's easy, check out the collaspe of the dollar, causes 100% by the trade deficet.

342 posted on 10/05/2007 7:11:42 AM PDT by jpsb
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To: Mase

http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

Idiot chile. You and todd talk down Japan’s richs while in 2006 they rank second to USA in GDP. What kind of crack are you smoking?


343 posted on 10/05/2007 7:13:17 AM PDT by dennisw (France needs a new kind of immigrant — one who is "selected, not endured" - Nicholas Sarkozy)
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To: jpsb
That's easy, check out the collaspe of the dollar,

You call that a collapse? LOL!

causes 100% by the trade deficet.

Prove it was caused by the trade deficit. I'm still waiting for evidence the trade deficit has been bad for America. Try again?

344 posted on 10/05/2007 7:14:34 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: brownsfan

If you think “free” trade is a requirement to be a conservative, you are nuts.


345 posted on 10/05/2007 7:16:04 AM PDT by HamiltonJay
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To: dennisw
You and todd talk down Japan’s richs while in 2006 they rank second to USA in GDP.

How can they rank second? They're protectionist. They have a trade surplus. LOL!

346 posted on 10/05/2007 7:17:35 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Toddsterpatriot
Are you ever going to show that a trade deficit has been bad for America?

Hypocrite You think our (USA) humongous trade deficits are just ducky but then you run out and invest in foreign currencies. A hypocrite of the first order

You don't practice what you preach ya two faced hypocrite!

347 posted on 10/05/2007 7:17:47 AM PDT by dennisw (France needs a new kind of immigrant — one who is "selected, not endured" - Nicholas Sarkozy)
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To: dennisw
Hypocrite You think our (USA) humongous trade deficits are just ducky

I'm waiting for you to show how we've been harmed by these deficits.

but then you run out and invest in foreign currencies.

Just like your hero, Warren.

You don't practice what you preach

You'll have to remind me, what have I been preaching? Besides the fact that you're an idiot who never backs up his claims.

348 posted on 10/05/2007 7:20:19 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Toddsterpatriot
"Prove it was caused by the trade deficit."

Do you're own research, if you don't know that (massive) trade defiits casue currency collapse then you are too stupid to debate. And yes the dollar is in a controlled collaspe. Now why would the fed want to collaspe the dollar? Maybe to reduce the massive unsubstainable TRADE DEFICIT? Fool.

349 posted on 10/05/2007 7:21:46 AM PDT by jpsb
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To: Toddsterpatriot
You and todd talk down Japan’s richs while in 2006 they rank second to USA in GDP.

How can they rank second? They're protectionist. They have a trade surplus. LOL!

Moron. Japan is an island with no oil and and less people. We have 300 million and they have 127 million
Japan has to import a lot more of what it converts to finished manufactures than we do yet they have an enviable trade surplus

That's all for now. You and mase are bores

350 posted on 10/05/2007 7:22:53 AM PDT by dennisw (France needs a new kind of immigrant — one who is "selected, not endured" - Nicholas Sarkozy)
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To: jpsb
Do you're own research,

LOL!

if you don't know that (massive) trade defiits casue currency collapse then you are too stupid to debate.

Sounds like you could easily prove it. Unless you're too stupid.

351 posted on 10/05/2007 7:23:03 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Toddsterpatriot
No American built products? LOL!

Yeah, no American products. And especially so if one counts the subcomponents made elsewhere and merely assembled here, which I am sure is not represented in your pretty picture.

Try and find a fan (since that was the particular example) that is American made. I bought three this summer. Two made in China and one made in Malaysia, and I look for American made every time I buy.

No steel mills. No stamping mills. no extrusion mills. No ball bearing plants. no Seal and Rubber plants. No Refineries. There are no inventories either for that matter (Thanks for JIT, the POS).

As I said elsewhere, If WWII started tomorrow we would not be able to win as we did. We don't have the bricks and mortar to support a war effort of that size.

352 posted on 10/05/2007 7:24:07 AM PDT by roamer_1 (Vote for FrudyMcRomson -Turn red states purple in 08!)
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To: dennisw
Japan is an island with no oil and and less people.

And a trade surplus. They must have the highest per capita GDP in the world. It must be higher than America which has a trade deficit. LOL!

We have 300 million and they have 127 million

That's why we compare per capita GDP, idiot.

That's all for now.

Don't run away without providing proof for your claims, again. LOL!

353 posted on 10/05/2007 7:25:56 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: jpsb

I’d love to see these morons run up their credit cards to where they couldn’t make payments, then see how their creditors treat them. Such idiocy

There is responsible debt such as taking out a good mortgage or good business loan. 850 billion dollar trade deficits is not responsible borrowing. But one thing that allows it is our military might. We protect Japan and in turn it happily holds a trillion or so US dollars that it will not dump.


354 posted on 10/05/2007 7:28:46 AM PDT by dennisw (France needs a new kind of immigrant — one who is "selected, not endured" - Nicholas Sarkozy)
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To: roamer_1
Yeah, no American products

LOL!

And especially so if one counts the subcomponents made elsewhere and merely assembled here, which I am sure is not represented in your pretty picture.

When you find the data on the foreign subcomponents, be sure to ping me.

Try and find a fan (since that was the particular example) that is American made.

Well, if you can't find an American made fan that is definite proof that the $1.79 trillion in my chart doesn't count.

No steel mills.

No facts, no proof. LOL!

355 posted on 10/05/2007 7:29:39 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: dennisw
You'll have to explain how WalMart, for example, paying cash for their purchases is equivalent to someone running up his credit card.

850 billion dollar trade deficits is not responsible borrowing.

WalMart didn't borrow to buy stuff.

356 posted on 10/05/2007 7:32:25 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Toddsterpatriot

Only an idiot would fail to notice how much of the world is poor. Japan is second to us in GDP so is doing fantastic compared to 90+% of people on planet earth. Only a moron would fail to put Japan’s riches and GDP in proper perspective

Gotta run moron. Read a book. I’m through trying to school lunkheads today


357 posted on 10/05/2007 7:33:53 AM PDT by dennisw (France needs a new kind of immigrant — one who is "selected, not endured" - Nicholas Sarkozy)
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To: Toddsterpatriot

More retarded stuff —— see ya


358 posted on 10/05/2007 7:34:57 AM PDT by dennisw (France needs a new kind of immigrant — one who is "selected, not endured" - Nicholas Sarkozy)
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To: dennisw

How can Japan be second, they have a surplus. Run away.


359 posted on 10/05/2007 7:35:19 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: roamer_1
No steel mills.

Steel's Latest Hot Spot: The U.S.

360 posted on 10/05/2007 7:37:52 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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