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Showing posts with label Trade War. Show all posts
Showing posts with label Trade War. Show all posts

Monday, June 8, 2009

RINO California Governator "Happy" About Reckless Deficit Spending on Illegal Immigrants

Um, Arnie, isn't this kind of free spending what got your state on the edge of bankruptcy in the first place. How can you say that you're "happy" about it:

Gov. Arnold Schwarzenegger says he's "happy" illegal immigrants get state services and says they're not to blame for California's $24.3 billion budget gap.

Top US Trading Partners Worried Over Obama, Democrats' Protectionist Policies

Last week, it was reported that Canadian officials have already started to fight back against possible American protectionism. Now, other European countries seem to be considering joining Canada in the trade war against Obama and the Democrats' "Buy American" provisions:

America's largest trading partners are warning that protectionist moves by Congress could poison global trade relations, despite President Barack Obama's assurances that he wants to keep U.S. markets open.

Businesses in the European Union and Canada complain they have been shut out of U.S. markets because of the "Buy American" provision in the massive stimulus bill, passed in February, which requires the use of U.S.-manufactured products.

EU and Canadian officials worry the practice is widening, as Congress is considering adding similar measures to other spending bills.


Here we go again. I'm getting flashbacks to the 1930's when Hoover and FDR's administrations implemented protectionist policies that deepened the depression and made it last years longer.

Labor unions are hugely in favor of this economically destructive policy. Since the Democrats are so beholden to the unions, they have no choice but to pass the protectionist policies to keep the unions happy no matter how bad it would be for the rest of Americans or the world. Unions drove GM and Chrysler into bankruptcy. Ford and the airline industry may not be far behind. The teacher's union is partly responsible for the decline in our kids school grades and the mass exodus from public schools to private schools. Now, they want to ruin the rest of the country.

Saturday, June 6, 2009

Uh, oh!: Canada Fights Back Against Obama's "Buy American" Policy, Trade War Is Here

Obama and the Democrats included a "Buy American" provision in the porkulus bill which forces some of those who receive money from the stimulus to buy supplies only from American companies. That has sparked rumors of a trade war brewing. Now, the first sign of such a war has come:

Canadian mayors have passed a resolution that would potentially shut out U.S. bidders from local city contracts.

The resolution is in retaliation to "Buy American" provisions in President Barack Obama's stimulus bill.
Mayors voted 189-175 to approve the resolution at the Federation of Canadian Municipalities conference in Whistler, British Columbia.

The resolution says the federation should support cities that adopt policies that allow them to buy only from companies whose home countries do not impose trade restrictions against Canadian goods.

The mayors also voted to hold off on any action for 120 days while Canada is negotiating a possible compromise with the U.S. government.


Is this more of his "smart diplomacy" hard at work?

No matter how much Democrats and their buddies in the labor unions hate it, free trade between countries help the economy.

Plus, it promotes good will with our allies. It angers other nations when our goverment prevents our companies from doing business with companies internationally.