The Obama Recession
to go with
The Obama Tax Hikes
"Death to America!"
Posted on 11/07/2015 9:14:44 AM PST by rktman
As a result of China’s flooding the world market with cheap, state-subsidized aluminum and our president’s irrational aversion to fossil fuels, a 127-year-old American industry is in danger of disappearing. This week, the two largest primary aluminum producers in the United States announced curtailment of aluminum production at key smelters across the country. Alcoa announced that it was halting smelting operations at its Intalco Works (583 employees) and Wenatchee plants (428 employees) in Washington state, its Massena West plant in New York (500 employees) and that it was curtailing alumina refining capacity at its Point Comfort facility in Texas. Century Aluminum announced that it was cutting its aluminum production by one-third at its Sebree, Kentucky plant resulting in a loss of 150 jobs.
(Excerpt) Read more at americanthinker.com ...
Manufacturing is leaving the country. It’s not coming back. Thank you, both parties.
You might extend that line of thinking to hundreds of industries. I suppose the best solution is to nationalize everything.
China Underreporting Coal Consumption by Up to 17%
BY TOM PHILLIPS 11/4/15 AT 12:49 PM
http://www.newsweek.com/china-underreporting-coal-consumption-390711
LOL! On the face of it, arguing for a national security interest in the production of aluminum and steel would lead down the slope to "the nationalization of everything".
On the other hand, maybe we should promise the Chinese that during our war with them, we won't bomb the Chinese cargo ships bringing aluminum and steel for our war effort...
Yeah, I heard that the other day. I’m certain they’ll fall in to line once they all meet up in gay paree at the end of the month and the lyin’ king chastises them. /s
OIL.
New York Investigates Exxon / Mobil for failing to “warn” investors about possible risks from globull warming.
The BP Mocondo mess was made to order for obungo to regulate the industry out of existence.
We are being given permits with requirements that are impossible to meet and unnecessary and above reason. You simply can’t eliminate risk and that is what we are being pushed to do. All in the name of safety.
A risk free world is impossible to live in. Tell me how you can eliminate risk of a car wreck in your commute?
How? Don’t commute at all.
This is the world of federal regulations now.
That is the way I view it. The slide of American industry that began in the Sixties is due to the effects of liberalism on industry, when the radicals began to gain power.
Over-legislation
Over-regulation
Over-litigation
Unions
And taxes..
Gold ?
Petroleum production ?
And people are wondering why Boeing is chomping at the bit to move operations to china.
Wonder how many of those rules and regulations were bought and paid for by chinese “business” interests, and the very industries being “regulated” out of existence.
How the hell did we manufacure anything profitably before the chinese showed up to “save” us?
What I’m saying is the thing is deliberate, and the business sector, government, and foreign interests are all complicit.
Steel has mostly been shut down and now aluminum is being shuttered. A nation that does not produce basic metal feedstocks for its industry is a weak dependent to others.
The prices of all commodities have collapsed, not just aluminum.
"Death to America!"
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