Republican Shocker: Free Trade's Not So Good After All

CNBC ^ | 10-4-07 | John Harwood

[dennisw]

Thanks. No problem. Much appreciated

[dennisw]

Thanks. No problem. Much appreciated

[gondramB]

>>I’ve seen a lot of opinion polling, but my jaw dropped when I saw this result from our special NBC News-Wall Street Journal poll of Republicans in advance of next week’s presidential candidate debate sponsored by CNBC, MSNBC and the WSJ. By a nearly two-to-one margin, Republican voters believe free trade is bad for the U.S. economy, a shift in opinion that mirrors Democratic views and suggests trade deals could face high hurdles under a new president.<<

Economists around the world are worried about the coming wave of U.S. protectionism.

[chimera]

OK, thank you for the understanding. Taking the Oath sometimes limits what you can publicly discuss.

[Toddsterpatriot]

That’s funny!

[Toddsterpatriot]

We need more government control of the economy, because the protectionists say so.

[Toddsterpatriot]

You invest in foreign currencies because you believe the USD will sink due to our humongous trade deficits.

I don't invest in foreign currencies. I invest in stocks whose earnings are in foreign currencies. I invest in them because I think the company or the country is a good place to invest.

I don't support free trade because I think it will make the dollar decline.

Or perhaps you have another reason why you think the USD will keep going down

I don't know if the dollar will go up or down. I will benefit if it goes up. I will benefit if it goes down.

[jedward]

“I don’t support free trade because I think it will make the dollar decline.”

Yea!!! You finally just came out and said it ;) lol

[jedward]

Though, possibly out of context, you have to see this (lol) :)

[1rudeboy]

Wow. Completely, decisively, and surgically ambiguous. :)

[jedward]

lmao!!!

[Halgr]

Great Post

But, all tin foil aside - the NWO is behind this slow destruction of the American Middle Class

[Toddsterpatriot]

Said what?

[Toddsterpatriot]

You got that right.

My support for free trade is not based on the incorrect belief that free trade will cause the dollar to drop.

[jedward]

Easy there tiger cub :)

[Paul Ross]

We could mine all the rare earth magnets in the United States we want, but the enviros shut down the mines.

And you don't see any connections there? The Watermelon enviros, green on the outside and red on the inside are actually usually hard-core with the entire ongoing communist program. There are few coincidences.

Look how often their "environmental" croneys in the Congress are enlisted to shut down, limit or constrain defense program operations...on environmental grounds.

Whining about the Chinese won't open them again.

Actually, if the White House understood that it was a vital strategic supply that it had negligently allowed to be misclassified and mis-administered, and lost to a truly strategic enemy, in the CFIUS process, and hence created a serious strategic vulnerability [...E.g., can you say "cruise missile"?!] things would, or should be drastically changed as to the Unocal rare earth holdings in California.

No coincidence there that the Chicoms tried to snap up Unocal either. Total monopolization.

Why are you guys so myopic?

You are projecting again, I see.

Matthew 7

1. Judge not, that ye be not judged.

2. For with what judgment ye judge, ye shall be judged: and with what measure ye mete, it shall be measured to you again.

3. And why beholdest thou the mote that is in thy brother's eye, but considerest not the beam that is in thine own eye?

4. Or how wilt thou say to thy brother, Let me pull out the mote out of thine eye; and, behold, a beam is in thine own eye?

5. Thou hypocrite, first cast out the beam out of thine own eye; and then shalt thou see clearly to cast out the mote out of thy brother's eye.

[pissant]

You like the idea that the US surrendered its sovereignty to a group of globalist bureacrats? That is beyond stupid. We are perfectly capable of making bilateral or trilateral or quadlateral agreements with the nations we choose to do business with, without creating supra-national entities that have authority over our decisions.

[Paul Ross]

I will benefit if it goes down.

All the more proof of your disconnect from the reality of life. Your "benefit" must be pretty sizeable if it is to eclipse the most immediate impact upon the average American buying foreign fuels. A serious dollar decline risks OPEC de-coupling.

And that positioning of your investments is unique to you, and a select few hedge fund traders...and of no possible use to the overwhelming majority of Americans.

Your elitist disconnect disqualifies you from having any legitimate thesis.

[Kevmo]

Higher education today requires personal contact with professors either in the classroom, office hours, or online interaction.
***No, it does not. When I was in college, the professers were the linkest link in education. It was obvious to everyone involved that they preferred to go back into the lab and do their research. They were difficult to understand and put no effort into educating the engineering students. Teacher’s Assistants did most of the work for very little pay. Most of the classes I was in could have been taught by a videotaped lecturer/professor with class-level assignments and interactions coached by cheap Teachers’ assistants.

Today’s model of learning by going to a lecture is passe. The upcoming model will be: the lecture is videotaped and viewed beforehand, and the students show up for the class to ask questions about the lecture and the homework (which is further videotaped for future students). Most students “prefer” the old method, but if the cost differential were significant enough, there would be a mass migration to the new model. A disruptive technology in this space would trigger that migration.