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President Obama to water down 'Buy American' plan after EU trade war threat
Times Online ^ | February 4, 2009 | David Charter, Rory Watson and Philip Webste

Posted on 02/03/2009 5:14:59 PM PST by Rebelbase

The European Union warned the US yesterday against plunging the world into depression by adopting a planned “Buy American” policy, intensifying fears of a trade war.

The EU threatened to retaliate if the US Congress went ahead with sweeping measures in its $800 billion (£554 billion) stimulus plan to restrict spending to American goods and services.

(Excerpt) Read more at timesonline.co.uk ...


TOPICS: Extended News; News/Current Events
KEYWORDS: bho44; bhostimulus; bhotrade; buyamerican; obama; stimulus
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To: ConservativeCompendium.net

The last thing I want is more Bush domestic policies...they were awful...now as GOP it is our duty to blame Obama. However, we know the truth. The problem is that there is no one to stand up for American...Reagan was the last president who gave a damn about this country in terms of American business and jobs. Bush kept us safe...and that means a great deal...his economic policies endangered us...just like those who came before him...except Reagan. I wish we had elected Perot...who was correct in his assessment of our economic policies at the time and where they would lead us-bankruptcy.


41 posted on 02/04/2009 5:16:33 AM PST by nyconse
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To: Nachum
Illegal alien aunt, granted a visa I can't find anything about how she was granted a visa, other than the one that expired long ago. Are you sure?
42 posted on 02/04/2009 5:39:14 AM PST by ding_dong_daddy_from_dumas (I want to "Buy American" but the only things for sale made in the USA are politicians)
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To: kinghorse

It’s not just union workers. If you have not noticed, every nation has “protectionist” policies to some degree. I don’t want to stop trade, but zero protection for US jobs is not the answer either.


43 posted on 02/04/2009 5:46:17 AM PST by ding_dong_daddy_from_dumas (I want to "Buy American" but the only things for sale made in the USA are politicians)
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To: Rebelbase

The Obama “buy American” would be the end of free trade and affordable stuff.

Then Obama helps the Unions with his “stimulus” plan, killing more jobs.


44 posted on 02/04/2009 6:00:45 AM PST by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: george76
The Obama “buy American” would be the end of free trade and affordable stuff.

The "Buy American" clause is limited to the money spent in the sty-mulus bill. I am strongly opposed to this "sty-mulus" bill, but if the US does borrow $1T to spend, the EU has no standing to tell us how to spend it. The article seems to say that they are quibbling over the phrasing of the title of that section of the bill, not what the law would actually do.

45 posted on 02/04/2009 6:17:03 AM PST by ding_dong_daddy_from_dumas (I want to "Buy American" but the only things for sale made in the USA are politicians)
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To: george76
Then Obama helps the Unions with his “stimulus” plan, killing more jobs.

Obama should cut corporate tax rates and allow us to drill for and refine more oil here, to keep more jobs here, and cut spending. But looks like Obama is not really interested in saving real jobs here, let alone creating new ones.

46 posted on 02/04/2009 6:29:26 AM PST by ding_dong_daddy_from_dumas (I want to "Buy American" but the only things for sale made in the USA are politicians)
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To: ding_dong_daddy_from_dumas
I can't find anything about how she was granted a visa, other than the one that expired long ago. Are you sure?

Obama's Aunt Issued Stay In Deportation Case

http://www.msnbc.msn.com/id/28892998/

You are right. It should be corrected to say that she was permitted to stay without a visa...

47 posted on 02/04/2009 8:46:40 AM PST by Nachum (Ancient Chinese curse: May you live in interesting times.)
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To: Ernest_at_the_Beach
You are going to be busy keeping that list updated....

I sincerely hope so...

48 posted on 02/04/2009 3:58:40 PM PST by Nachum (Ancient Chinese curse: May you live in interesting times.)
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To: Ernest_at_the_Beach
You are going to be busy keeping that list updated....

I sincerely hope so...

49 posted on 02/04/2009 3:58:40 PM PST by Nachum (Ancient Chinese curse: May you live in interesting times.)
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