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To: Lefty-NiceGuy
A lot of companies move overseas because of policies our government put into place that practically boots them offshore. Did you know that investment in China is guaranteed by the federal govt? If you invest there and something bad happens, you will be fully compensated for you loss? Not so for businesses that invest in the United States. Why the favorable policy toward China investment? Could it be a little insurance policy put into place by Senator Diane Feinstein to protect her hubbies millions? Do you think there is a fair playing field going on here all you free traders?
556 posted on 05/27/2003 10:07:26 AM PDT by hedgetrimmer
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To: hedgetrimmer
Nice point about policies booting companies (or parts of them) offshore. Sometimes though, it makes sense to think of them sucking companies over there if you agree with the policy in question. Child labor, near slavery, dangerous working conditions, and no respect for the enviroment -- you can find all those things just south of the Rio Grand. It's up to us to say what we think is fair competition and not trade with those guys if need be. It's our free and fair perogative as a nation.

That gets you to the next problem you point out. Sometimes it seems special interests seem to own those Feinsteins in our govt. What is it going to take to boot out all those crooks? Judging by the behavior of our government we believe trade is free and fair based on who lobbies better.

If a big lobby doesn't want to loose buisness to foriegn competition -- no trade deal.
If a big lobby want's to do buisness overseas -- trade deal.

The same guys that preach free trade one day, put up tariffs and subsidise their buddies the next day. Companies tend to lobby better than people, so it's no wonder that this hypocracy favors companies at the expense of the American people. Who lobbies for "fairness" for the American worker and consumer? Unions? Yeah right(sarcasm)! This where democracy is supposed to kick in with a little "tyrany of the masses", but I won't hold my breath.
691 posted on 05/28/2003 3:29:58 AM PDT by Lefty-NiceGuy
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