Posted on 05/12/2015 3:40:51 AM PDT by IBD editorial writer
Free Trade: Thirteen years and 11 free trade deals after Congress last gave a president "fast track" trade authority, it's unclear whether President Obama will get it back. Misleading claims from the right aren't helping.
(Excerpt) Read more at news.investors.com ...
Good.
Stop selling out America. Bring back industry.
American industry.
Stop the sellout.
Perhaps those 11 trade deals WEREN’T good ones for the citizens of America, just the multinational corporations that do business in America and ‘elsewhere’.
Useless article.
He pointed out Sessions had rejected it twice under republicans. What is wrong with the man being consistent regardless of who is president?
This agreement is horrible for the American worker. If there is nothing wrong with it, why not let us read it? There are some people that trust obama far more than I do. Those people are blinded.
Anyone supporting this Open Borders K Street scam should be tried for Treason.
Any treaty that allows a America Hating / White Hating Thug like Barry power to do just anything is Pure Crazy considering the massive intentional damage this Muslim thugs has done .
anything obama wants is bad for the USA...no brainer
It is not Free Trade.
It’s “Free Giveaway” of American jobs, American market, and American products.
And the reverse is never true. Our products are not welcome in the so-called partner’s country.
So, IBD writer, is this the time we expect you to respond to at least one comment on this article that has the barest minimum of an excerpt?
Notice that all of these threads have 1 post — the initial one — and no effort to participate. I suspect there are pages of the same thing in a total look at your postings.
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America thrives on trade.
The global reach of companies has exploded with the internet that has revolutionized communication. The advent of Paypal and Ebay allows one to purchase and receive a single polyethylene wash bottle costing only $1.50 from Hong Kong with free shipping. There is no middlemen.
For larger transactions via say a letter of credit, the funds can flow smoothly from bank to bank pretty much instantaneously. A sales office of an American Company in Europe selling to a French company purchasing for factory in Burkina Faso has direct and near instant communications all along the chain from Africa to Europe to America. The Africa bound products are made in America but the sales work is done in company offices abroad.
An American Engineering firm with offices in London can design a project in Australia that will be accomplished by the Australian subsidiary of a Pennsylvania company. The Pennsylvania company on behalf of it’s Australian office purchases the necessary materials from a Paris quartered company that actually produces the products in Tennessee and ships to Australia.
I sense you have no clue about the manner and extent of present day business that is routinely conducted by people literally dispersed all over working together via the internet and email to accomplish fantastic projects and transactions. As recent as 25 years ago, none of it was possible.
What you clamor repeatedly for is not going to happen. The people of the world have moved far beyond your isolationist thinking.
Oh yes, I mentioned Ebay but there is Alibaba, a Chinese Ebay for intercompany commercial sales, lurking out there. A company not on Alibaba is not going to do very well in the future. The Alibaba IPO raised a record $21.8 in an American stock market .
Your nightmare of global trade is just beginning . Your archaic desires are never going to happen.
Who said this?
But, in general, the protective system of our day is conservative, while the free trade system is destructive. It breaks up old nationalities and pushes the antagonism of the proletariat and the bourgeoisie to the extreme point. In a word, the free trade system hastens the social revolution. It is in this revolutionary sense alone, gentlemen, that I vote in favor of free trade.
The social revolution in China is changing the populace from rabid chicoms to prosperous chicaps.
The engine of global trade bringing prosperity to companies both super large and very small is.
They are SECRET!!!!
What does IBD mean “misleading”?!?!?!?!?!?
A. Why should I give a crap about the people in a communist country?
B. Why do you give crap about people in a communist country?
C. Who made the quote I cited in my last post?
D. You sound like a citizen of the world, not a US citizen.
E. Give back your patriot card, it’s expired.
F. All gloBULList can KMA.
——C. Who made the quote I cited in my last post?——
I don’t know
It is possible and most Americans are, both citizens of America and of the world
If you think that then you are no patriot. Why not move to China? I will help you pack.
Karl Marx made that statement.
Are you a protectionist? You might be surprised to know that you probably are and that you are part of a fraternity that includes John Adams, Benjamin Franklin, Alexander Hamilton, Thomas Jefferson, James Madison, George Mason, and George Washington. That's right; America's Founding Fathers were hard-core protectionists. In fact, the central reason for the creation of our Constitution was to establish protectionism as our national economic policy. This book collects and presents the irrefutable historical evidence that "Free Trade" is the oldest scam ever perpetuated upon the United States of America and nearly killed our new republic in its infancy. In less than 100 pages of plain, straightforward, and easy to read language, the author documents with historical quotes, figures and facts, that "Free Trade" was,
Free Trade, Protectionism, and the Founding Fathers
Amazon says this book costs $999.00 WTH?
Since I don’t read Karl Marx you must excuse me from not being able to identify an obscure reference likely made to describe the mercantilism trade of the time so many years ago. The trade of those days is not that of today. The reference is not only dated but irrelevant to the present
I have no desire or need to move to China. Not living under a rock, I can observe the irreversible change that is happening. That includes the apparent fact that the young Chinese seem to prefer the good life to the austerity of Gray Mao. Although they are not in political control, the change they have wrought is truly remarkable. That is also true of young people in other parts of Asia and the Pacific rim. It is also true of Brazil.
You also never seem to get the fact that the people of the world have ambitions to raise themselves up and work to prosper. Those young people are a primary driving force beyond the change.
And then there is WWII. You assume the trade and manufacturing prominence resulting from WWII was a permanent status quo. It is quite foolish to believe that the position of a mere 50 years would be sustainable for ever. The damage wrought ot the world economies was repaired and they have now come on line. America still holds a great advantage but that doesn’t mean total freedom from competition.
That means, the status quo, the condition you stake all your statements on, was merely temporary. That temporary condition of total trade dominance is over. To emphasize that thought again, what you promote was a temporary condition, a mere blip on the curve of world history.
No, the secrecy (plus the fact that Obama is negotiating it) is what’s killing this trade deal.
This chromed up pig has amnesty and corporate giveaways written all over it.
When the Democrats and GOP both want it, you know the middle class worker/taxpayer is going to take it in the shorts.
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