Keyword: freetrade

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  • Forgotten History: How American Presidents From Washington To Lincoln Agree (Shortened)

    06/27/2016 3:00:58 AM PDT · by Biggirl · 18 replies
    Breitbart.com ^ | June 27, 2016 | Julia Hahn
    In recent decades, a revisionist history of American trade policy has developed an almost religious status in Washington D.C. In this context, the candidacy of Donald Trump has been presented as a deviation from America’s historic “free trade” policy when, in fact, America was founded on Alexander Hamilton’s protectionist economic system whose greatest defenders would become Abraham Lincoln’s Republican Party.
  • Obama proposes expanding Social Security benefits while the program careens toward insolvency

    06/02/2016 7:03:14 PM PDT · by MtnClimber · 24 replies
    American Thinker ^ | 2 Jun, 2016 | Rick Moran
    For more than 20 years, the Government Accountability Office has been warning that the varioius Social Security funds would go broke in a matter of decades unless something is done to shore up the program. Unfortunately, there are limited options when trying to address this crisis. You can employ a combination of raising the retirement age and/or increase the FICA tax. Other than that, you're rearranging chairs on the deck of the Titanic. But President Obama – who is fully aware of the threat of insolvency – is now proposing that Social Security benefits be increased and wants the "rich"...
  • Minimum rage: Why Donald Trump is doing so well with the working class (Obama's fault free trade)

    05/23/2016 10:17:29 AM PDT · by Trumpinator · 41 replies
    The Star Ledger ^ | May 19, 2016 at 6:31 AM | Paul Mulshine
    There was a moment during President Obama's speech at Rutgers on Sunday when he mentioned students who had to work to put themselves through college. That included me, back when I went to Rutgers in the 1970s. But I lucked out. One summer, I got a job at the Ford factory a few miles up the road in Edison. When school resumed, they let me switch to part-time. It was great. I could make as much in two shifts at the plant as I could have made working all week at a minimum-wage job. Alas, Ford shut that plant down...
  • Donald Trump meets Republican foreign policy guru Henry Kissinger

    05/18/2016 9:30:26 PM PDT · by Innovative · 59 replies
    UK Telegraph ^ | May 19, 2016 | David Lawler
    Donald Trump met Henry Kissinger, the former secretary of state and long-time foreign policy guru on Wednesday. Mr Kissinger is the latest in a string of policy experts sought out by Mr Trump as he looks to reassure the Republican establishment that he is not, as Hillary Clinton has described him, a "loose cannon". Mr Trump's "America First" foreign policy aligns in part with Mr Kissinger's realist approach, with both men emphasising US self-interest in dealings with other countries.
  • THE ENEMIES WITHIN - Sen. Bernie Sanders

    05/17/2016 7:15:59 PM PDT · by Ray76 · 4 replies
    YouTube ^ | Mar 3, 2016 | Trevor Loudon
    Presidential hopeful Bernie Sanders claims to be a democratic socialist who wants America to be more like Sweden, Denmark and Norway. But is honest Bernie telling you the truth? In 2014 Sanders endorsed longtime communist party supporter Chewy Garcia's bid for the Chicago mayoralty. Sanders spoke alongside Scott Marshall a leader of the Chicago Communist Party. In the early 1960's Bernie Sanders studied at the University of Chicago where he joined the Marxist Young People's Socialist League. In 1980 Sanders backed the presidential campaign of Andrew Pulley a leader of the pro-Cuba Socialist Workers Party.
  • Blame Minimum Wage, Not Carl’s Jr. CEO, For Automated Restaurants

    05/15/2016 8:59:32 PM PDT · by Jim 0216 · 138 replies
    Investor's Business Daily ^ | 3/18/2016 | Editorial
    Overregulation: Carl’s Jr. and Hardee’s CEO Andy Puzder has people all in a huff over his idea to automate restaurants. But why be upset with Puzder? This is an inevitable consequence of massive minimum wage hikes by the government. “With government driving up the cost of labor, it’s driving down the number of jobs,” said Puzder. “You’re going to see automation not just in airports and grocery stores, but in restaurants.” He’s right. That’s why whenever the minimum wage rises above the market-set prevailing wage, jobs are destroyed. Who would pay someone $15 an hour to do a job that’s...
  • Exposed: Sweatshop ‘slaves’ earning just 44p an hour making ‘empowering’ Beyonce clobber(?)

    05/15/2016 7:16:14 AM PDT · by rktman · 24 replies
    thesun.co.uk ^ | 5/07/2016 | JAMES MILLS
    But poverty-stricken seamstresses making some of the clothes in the MAS Holdings ­factory in Sri Lanka earn just £4.30 a day. It would cost them more than a month’s wages to buy a pair of Beyonce’s £100 leggings. The workers, mostly young women from poor rural villages, can only afford to live in boarding houses and work more than 60 hours a week to make ends meet. Most are reluctant to speak out for fear of losing their jobs. Campaigners insist the women are being exploited and treated like slaves. " We have to share the shower block with the...
  • U.S. Ran $165 Billion Merchandise Trade Deficit in Q1

    05/05/2016 5:53:50 PM PDT · by Olog-hai · 4 replies
    Cybercast News Service ^ | May 5, 2016 | 5:02 PM EDT | Terence P. Jeffrey
    The United States ran a merchandise trade deficit of $165.0623 billion in the first quarter of 2016, which was down slightly from the $165.7159 billion merchandise trade deficit the United States ran in the first quarter of 2015, according to data released Wednesday by the Census Bureau. The U.S. exported $347.5618 billion in goods during the quarter and imported $512.6241 billion. The bilateral merchandise trade deficit with China during the first quarter was $77.9461 billion—by far the largest with any nation. […] The second largest bilateral merchandise trade deficit the United States ran during the quarter was the $16.9356 billion...
  • New York Sun Endorses Ted Cruz

    04/16/2016 8:18:06 AM PDT · by Engraved-on-His-hands · 91 replies
    Brietbart ^ | April 16, 2016 | Susan Berry
    The New York Sun announced it is endorsing Sen. Ted Cruz (R-TX)97% in the Republican primary Tuesday. According to the Sun: It hasn’t been our normal practice to endorse in the primaries, but this year the vote, set for Tuesday, will take on outsized importance as we career toward a contested convention. The junior senator from Texas has emerged from a crowded field by dint of his fidelity to principles — limited, constitutional government, sound money, free markets, and a strong foreign policy — that couldn’t be at higher premium. They are the true New York Values. Regardless of the...
  • We need Trumpism without Donald Trump

    04/08/2016 5:13:55 PM PDT · by Yashcheritsiy · 63 replies
    Renew America ^ | April 7, 2016 | Tim Dunkin
    This year has seen an especially contentious – but also especially interesting – set of primary races for the Republican Party. The entry of Donald Trump into the race last year threw a huge monkey wrench into what was supposed to be Jeb Bush's yacht ride into the GOP nomination. Now Bush is out, and Trump finds himself fighting tooth and nail with Ted Cruz, the last two (and a half) men standing out of an original 17 contestants. But beyond simple issues of personality and politics, Trump's entry into the race (re)introduced an element of Americanism and populism into...
  • Arguments Against Free Trade Are Deeply Flawed

    04/08/2016 5:51:08 AM PDT · by Kaslin · 90 replies
    Townhall.com ^ | April 8, 2016 | Jonah Goldberg
    For years, supporters of free trade have been trying to reach a bipartisan consensus on the issue. They've finally succeeded. Free trade is now unpopular in both parties. Perhaps because I am a conservative, I can at least understand where most conservatives are coming from in their opposition to free trade. Overt displays of nationalism and patriotism (which are not the same thing, by the way) are not merely tolerated on the right, they're often celebrated. Conservative intellectuals openly extol American exceptionalism while liberal intellectuals tend to deride the notion. Virtually no Republican politician agonizes over wearing a U.S. flag...
  • Cruz Plan: VATs Help Trade but Invite Corruption [aw!m vanity]

    04/04/2016 6:38:51 AM PDT · by Arthur Wildfire! March · 15 replies
    Cruz addresses a major reason for our trade deficit. However ... If something confuses people? It invites corruption. A handy rule of thumb in government. Are VATs confusing? Very. ~~~ Even explaining a VAT* is tough because there are many different kinds. Some alleged VATs aren't even VATs according to many. But I'll break it down into two categories: 1. A good VAT. 2. A bad VAT. ~~~ A Good VAT Senator Cruz proposes 'turning the tables' on Europe and other nations which are sneaking money back to corporations which give them jobs. In the nutshell, a good 'VAT' is...
  • The Great Divide: the Death of the Middle Class

    04/02/2016 8:31:45 PM PDT · by Rockitz · 27 replies
    SprottMoney.com ^ | 30 March 2016 | Jeff Nielson
    Several months ago, a chart produced by one of the Big Banks was presented to readers . It was supposed to be innocuous data on global wealth distribution, but instead portrayed a horrifying picture. The focal point of the aforementioned article was that when it came to “the world’s poorest people,” the Corrupt West has now produced a greater percentage of severe poverty in its own populations than in India, and an equal percentage of such poverty as exists in Africa. Stacked beside this, we see that when it comes to the richest-of-the-rich, the Corrupt West remains in a league...
  • Blue Collar Voters: Trade is Killing Us

    04/02/2016 8:13:14 AM PDT · by VitacoreVision · 18 replies
    McClatchy DC ^ | April 2, 2016
    Establishment voices of economists, government and business officials argue that trade deals are critical in a global economy, and great for America. But critics such as organized labor call them “death warrants.” And in blue collar communities in Wisconsin and across the industrial Midwest, that economic angst, coupled with some sense of betrayal, helps explain the roiling politics of 2016. Wisconsin votes Tuesday. But soon after come other industrial states, including Pennsylvania. And all could be battlegrounds this fall in the general election. And a lot will look like Milwaukee, once known as “the machine shop to the world,” now...
  • The Reagan Record On Trade: Rhetoric Vs. Reality

    03/30/2016 9:25:38 AM PDT · by Pelham · 27 replies
    cato.org ^ | May 30, 1988 | Sheldon L. Richman
    When President Reagan imposed a 100 percent tariff on selected Japanese electronics in 1987, he and the press gave the impression that this was an act of desperation. Pictured was a long-forbearing president whose patience was exhausted by the recalcitrant and conniving Japanese. After trying for years to elicit some fairness out of them, went the story, the usually good-natured president had finally had enough. When newspapers and television networks announced the tariffs, the media reminded the public that such restraints were imposed by a staunch free trader. The less-than-subtle message was that if "Free Trader" Ronald Reagan thought the...
  • P.J. O'Rourke, Top Quotes on Economics

    03/28/2016 6:42:37 AM PDT · by Uncle Miltie · 19 replies
    The Man Hisself ^ | Various | P.J. O'Rourke
    "If you think health care is expensive now, wait until you see what it costs when it's free." "You can't get rid of poverty by giving people money." "It is a popular delusion that the government wastes vast amounts of money through inefficiency and sloth. Enormous effort and elaborate planning are required to waste this much money." "There is no virtue in compulsory government charity, and there is no virtue in advocating it. A politician who portrays himself as "caring" and "sensitive" because he wants to expand the government's charitable programs is merely saying that he's willing to try to...
  • What Every Voter Needs to Know About Ted Cruz(Video)

    03/26/2016 7:12:31 PM PDT · by Red Steel · 41 replies
    Next News Network ^ | Feb 18, 2016 | Gary Franchi
    The news report goes back in time documenting US history of international trade agreements starting from the time of Reagan administration who proposed a North American Common Market to current history. Fast Forward to November of 2004 when the Independent Task Force on the Future of North America is formed. Their focus is no longer trade and prosperity but security. Three private groups headed by the Council of Foreign Relations(CFR) and their respected organizations in Canada and Mexico. They claim in their own words North America is vulnerable on several fronts: the region faces criminal and terrorist security threats, increased...
  • How Trade Made America Great

    03/26/2016 12:17:19 PM PDT · by iowamark · 68 replies
    Wall Street Journal ^ | March 25 2016 | Fred W. Smith
    The FedEx founder and CEO reflects on how deregulation and opening markets have wrought astonishing changes and prosperity over 50 years. During our years at Yale, the world was a different place. Foreign travel was exotic, expensive and rare among the population as a whole. While some young Americans had been abroad, by far most Americans had not—and those who did go abroad most likely traveled by sea rather than air. In the early 1960s, flying over the oceans was mainly for the affluent. Long-distance telephone calls were expensive, international calls prohibitively so. From furniture to TVs and appliances, and...
  • Free Trade: Theory vs. Practice

    03/26/2016 10:32:14 AM PDT · by snarkpup · 40 replies
    3/26/2016 | Me
    Free Trade: Theory vs. Practice Economics textbooks by authors of various political persuasions all seem to agree that "free trade" is mostly a win-win no-brainer. And yet, in practice, it seems like free trade may be wiping out the middle class. What is going wrong here? The textbooks explain that when a country engages in free trade, several things happen: There are winners and losers. The losers need to retrain and/or lower their expectations. What the winners win is more than what the losers lose. What people lose when their wages are depressed by globalizing the labor market is more...
  • To the Tea Party: Beware of “Free Trade”

    03/26/2016 7:39:18 AM PDT · by central_va · 24 replies
    economyincrisis ^ | 1/31/15 | Nevin Gussack
    The globalists who hijacked both the GOP and Democratic Party subscribe to this “free trade” ideology, and now are worried by grassroots conservative opposition to this destructive doctrine. A Pew Research Center poll for November 4-7, 2010 reported that 63% of professed Tea Party supporters thought that free trade agreements were “bad for U.S.” The Mellman Group and the Alliance for American Manufacturing reported that their poll indicated that 74 percent of self-described Tea Party supporters would support a “national manufacturing strategy to make sure that economic, tax, labor, and trade policies in this country work together to help support...
  • TTIP "Trade" Regime Would Let EU Meddle in U.S. Policy

    03/23/2016 5:25:21 PM PDT · by VitacoreVision · 7 replies
    The New American ^ | 23 March 2016 | Alex Newman
    In addition to imposing an expanded transnational regulatory and judicial regime that would further erode U.S. national sovereignty and self-government, the controversial Transatlantic Trade and Investment Partnership (TTIP) would give Big Business cronies even more power over U.S. and European Union policy. If approved, it would also allow the European Union to meddle in U.S. governance, and vice versa. That is according to an explosive section from the negotiating TTIP agreement that was leaked last week obtained by an establishment-funded anti-cronyism organization. It has since been released by the EU. Outrage quickly ensued.Virtually all of the press so far has...
  • Why is FreeRepublic not allowing me to post certain Pro-trump stories? ~ Vanity

    03/23/2016 12:43:56 PM PDT · by GraceG · 53 replies
    I have a question for moderators, I go and try to post some pro-trump stories from a certain site and it says that you don't allow them to be posted, what is this? Why can't I post some of the very Pro-Trump stories from the "information conflcts" (using a pseudonym for it) site? I mean they can't be all that bad over there, I mean once that Alex guy was crazy, but now that he supports Donald Trump he should be treated better than Glenn Beck now and you still allow news stories from the "Blaze" to be posted???? I...
  • What Republicans did 15 years ago to help create Donald Trump today

    03/21/2016 8:54:09 AM PDT · by Theoria · 19 replies
    The Washington Post ^ | 21 March 2016 | Jim Tankersley
    Republicans rallied around a law to expand trade. Now it may doom them. The Republican establishment began losing its party to Donald Trump on May 24, 2000, at 5:41 p.m., on the floor of the House of Representatives. Urged on by their presidential standard-bearer, Texas Gov. George W. Bush, and by nearly all of the business lobbyists who represented the core of the partyÂ’s donor class, three-quarters of House Republicans voted to extend the status of permanent normal trade relations to China. They were more than enough, when added to a minority of Democrats, to secure passage of a bill...
  • Making More with Less (manufacturing up but jobs are down)

    03/20/2016 2:27:51 PM PDT · by FreedomNotSafety · 34 replies
    American Enterprise Institute ^ | October 1, 2015 | Mark J. Perry
    The ability of the US manufacturing sector to produce increasing amounts of output with fewer and fewer workers should be recognized as a sign of economic strength and vitality, not economic weakness. Thanks to advances in technology, the factory floor today is one with modern, advanced, state-of-the-art equipment that requires fewer employees, but with greater skills and training than in the past. The trend in US manufacturing over the last 30 years – more and more output with fewer and fewer workers – is exactly like the transformation that revolutionized US farming over the last 100 years or more. With...
  • Three Cheers for Free Trade

    03/17/2016 1:15:58 AM PDT · by Cincinatus' Wife · 180 replies
    The American Specator ^ | March 16, 2016 | Ross Kaminsky
    Donald Trump and his fellow liberals Hillary Clinton and Bernie Sanders are lambasting free trade as the scourge of the American working man. How odd it is that an economic activity so beneficial to almost every American, indeed to the vast majority of the human race, suffers such attacks with only half-hearted defenses raised by politicians who should know better and economists who do know better. I stipulate: in trade, as in any economic endeavor, there are losers in the short run. Capitalism is, after all, fundamentally a system of creative destruction. But if there is any area of agreement...
  • What The Establishment Fears

    03/18/2016 3:50:51 PM PDT · by SatinDoll · 30 replies
    The Market-Ticker ^ | March 18, 2016 | Karl Denninger
    The plotting -- and abject fear -- continues... (CNN) Prominent conservatives led by Erick Erickson on Thursday called for a unity ticket and a convention fight to stop Republican front-runner Donald Trump, a sign of the growing desperation in the party establishment to find an alternative to the billionaire businessman. .... "We intend to keep our options open as to other avenues to oppose Donald Trump," the statement said. "Our multiple decades of work in the conservative movement for free markets, limited government, national defense, religious liberty, life, and marriage are about ideas, not necessarily parties." Uh huh. So let...
  • Trump And Sanders Are Spreading Bull About China

    03/18/2016 4:29:31 AM PDT · by IBD editorial writer · 59 replies
    Investor's Business Daily ^ | 03/17/2016 | John Merline
    Leading GOP presidential candidate Donald Trump has made it clear that, when it comes to China, he’s very much in sync with socialist Democrat Bernie Sanders. [snip] But no matter, since they’re both wrong, as an in-depth piece in the New Yorker makes pretty clear.
  • Iran welcomes Vietnamese leader, looks to boost trade

    03/14/2016 5:35:38 AM PDT · by Olog-hai · 2 replies
    Associated Press ^ | Mar. 14, 2016 8:03 AM EDT
    Iran’s president welcomed his Vietnamese counterpart on Monday, saying Tehran hopes to boost trade with the Southeast Asian nation to $2 billion from the current $350 million within five years, state media reported. […] The report said the two countries plan to enhance their cooperation in the industrial, tourism and information technology sectors. They also plan educational exchanges involving university students and teachers. …
  • Those white, working class, Trump supporting communities “deserve to die”

    03/13/2016 11:31:46 AM PDT · by Kaslin · 33 replies
    Hot Air.com ^ | March 13, 2016 | JAZZ SHAW
    There’s been a growing sense of desperation among the #NeverTrump forces for a few weeks now, and as we move closer to largely winner take all states in the primary line-up it was inevitable that full blown panic would set in. One side effect of this increased feeling of urgency is that critics of The Donald have increasingly given up on critiquing the business mogul’s record and frequently mystifying comments, choosing to focus their attacks on his supporters instead. While a seemingly self-defeating strategy, that movement has hit its full stride this weekend with National Review’s endless fountain of Trump...
  • Why America Needs to Support Free Trade

    03/13/2016 9:33:18 AM PDT · by impimp · 124 replies
    Heritage ^ | 1 May 2005 | Ana I. Eiras
    Free trade is again under attack, despite having been, for over a century, the basis of America's wealth. Some groups in the United States blame free trade for the loss of manufacturing jobs, while others blame it for exposing some U.S. producers to foreign competition. Free trade, however, is good for America, and for a very simple reason: It allows American workers to specialize in goods and services that they produce more efficiently than the rest of the world and then to exchange them for goods and services that other countries produce at higher quality and lower cost. Specialization and...
  • In Hard-Hit Ohio Steel Town, Trump and Sanders Resonate

    03/12/2016 11:11:58 PM PST · by blueplum · 37 replies
    NBC News ^ | 12 Mar 2016, 10:42 am ET | Leigh Ann Caldwell and Matt Rivera
    LORAIN, Ohio - The landscape here looks like a wasteland. And it's about to get worse. Two steel mills in this city, 30 miles west of Cleveland on Lake Erie, are set to close by the end of March, laying off hundreds of people in an area that has seen jobs slowly erode for more than two decades. The final 130 workers at Republic Steel will be out of work when the plant rolls its final order of steel tubular products for oil drilling and fracking equipment in two weeks. And at U.S. Steel, the final 200 workers will also...
  • Are we be better off with the thousands of factories shut down and millions of jobs lost?

    Are we be better off today with the thousands of U.S. factories that have shut down and millions of American jobs lost and the trillions in accumulated debt that we've run up in the last couple decades of free trade? And, of course, this is due to many factors including such things as: Big government Regulations High taxes Unions driving up costs Cheap labor overseas Fewer regulations overseas Lower taxes overseas Trade deficits etc., And doubly exasperated by poor trade deals? Or is this all a myth? Are we better off with cheaper foreign (cheap) goods, fewer U.S. factories, fewer...
  • 10 Reasons Why You Should Oppose TPP and TTIP

    03/12/2016 7:28:50 AM PST · by VitacoreVision · 13 replies
    The New American ^ | 05 June 2015 | William F. Jasper
    The U.S. Senate’s passage of Trade Promotion Authority (TPA) legislation on May 22 means that the TPA bill (also known as “Fast Track”) will soon be up for a vote in the House of Representatives. If the House follows suit and approves it, we can be certain that President Obama and his Republican supporters in Congress will move for expedited action on the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP), both of which, Obama has stated, are top priorities of his administration.These twin, trans-oceanic agreements are massive schemes that propose a very radical transformation of the...
  • IBM to erase 14,000 people from the payroll – Wall St analyst

    03/12/2016 6:45:37 AM PST · by snarkpup · 137 replies
    The Register ^ | 10 Mar 2016 at 16:05 | Paul Kunert
    Jobs to be bundled on a plane and flown to lower labour cost countries ... He highlighted a $1bn Japanese tax gain Big Blue has received, and pointed out that in the past the company had matched the proceeds from dispositions or IP sales with workforce restructuring expense.
  • Ted Cruz lied in Thursday's debate about his previous support for TPP

    03/11/2016 2:02:14 PM PST · by VitacoreVision · 92 replies
    American Thinker ^ | March 11, 2016
    The following exchange took place during Thursday’s Republican debate in Florida: TAPPER: Senator Cruz, you were a supporter of the Pacific trade deal, but after taking some heat from conservatives, you changed your position. Why should these voters who don’t like these trade deals trust that you will fight for them all the time and not just in election years? CRUZ: Actually that’s incorrect. There are two different agreements. There’s TPA and TPP. I opposed TPP and have always opposed TPP, which is what you asked about.… Senator Ted Cruz’s statement that he “always opposed TPP” is incorrect. He and...
  • Limbaugh Spreads Free Trade Myths on Air.

    03/02/2016 12:29:52 PM PST · by central_va · 266 replies
    Rush Limbaugh Show | 3/2/16 | Me
    It is hard to fight stupidity but when it comes from the premier conservative radio talk show host is it really stupidity or deception? So here we go again another example of Rush defending his buds at Apple. He said iPhones could never be built in the USA. On the surface my reaction was what: is there a force field keeping Apple from building a factory in the USA? Joking aside his hobnobbing friends have brain washed him into believing the Free Traitor™ lie. Here is the actual on air whopper: and I paraphrase; If Apple were to build iPhones...
  • MSNBC Cuts Away From Bernie Sanders as He Condemns Trans-Pacific Partnership

    02/23/2016 4:17:14 AM PST · by VitacoreVision · 4 replies
    The Intercept ^ | Feb. 22 2016 | Zaid Jilani
    MSNBC cut away from a live Bernie Sanders press conference this afternoon as the Democratic presidential candidate was talking about his opposition to the Trans-Pacific Partnership agreement. Watch the cutaway:https://www.youtube.com/watch?v=AWizAOWLMjs "You've been listening to Bernie Sanders, less of a press conference, more of a speech. I want to turn back to the Republican side of things," said Kate Snow, as she pivoted to news of Ted Cruz firing a press spokesperson. MSNBC owner Comcast has lobbied for the TPP. Last year, it fired host Ed Schultz, an outspoken opponent of the agreement. A Media Matters study found that outside of...
  • Pat Buchanan: Donald Trump Is Right on Trade

    02/20/2016 9:11:04 PM PST · by VitacoreVision · 32 replies
    TownHall.com ^ | February 19, 2016 | Pat Buchanan
    Republican hawks are aflutter today over China's installation of anti-aircraft missiles on Woody Island in the South China Sea. But do these Republicans, good free-traders all, realize their own indispensable role in converting an indigent China into the mighty and menacing power that seeks to push us out of Asia? Last year, China ran up the largest trade surplus in history, at our expense, $365 billion. We exported $116 billion in goods to China. China exported $482 billion worth of goods to us. Using Census Bureau statistics, Terry Jeffrey of CNSNEWS.com documents how Beijing has, over decades, looted and carted...
  • Russia May Soon Ink Free Trade Pact With Israel

    02/13/2016 5:52:41 AM PST · by VitacoreVision · 36 replies
    RT ^ | 12 Feb, 2016 | RT
    Moscow and Tel Aviv are planning to sign a free trade agreement in the near future, Russian Deputy Agriculture Minister Sergey Levin told journalists on Friday. "Such decisions aim at maximizing cooperation between Russia and Israel in terms of agriculture and new technologies; creation of joint ventures, as well as the prospects of a free trade zone agreement which the government expects to sign with Israel as soon as possible," Levin said following Russian Deputy Prime Minister Arkady Dvorkovich's meeting with Israeli businessmen. Israel's Minister of Agriculture Uri Ariel also expressed hopes the two countries would sign the agreement soon....
  • So What Would It Mean to ‘Beat China’ on Trade?

    01/28/2016 9:28:47 AM PST · by Theoria · 8 replies
    The New York Times ^ | 28 Jan 2016 | Josh Barro
    If you were Donald Trump, you would probably summarize the academic paper's finding as follows: China is beating us. A new working paper from the economists David Autor, David Dorn and Gordon Hanson argues that trade with China is having persistent, negative effects on parts of the American labor market. Research from the same authors, published in 2013, found that the American workers most exposed to Chinese trade have experienced material declines in wages, higher unemployment and an increased likelihood of receiving government benefits like disability payments."The idea that trade competition with China has hurt various workers and communities is...
  • Trump Threatens 35% Tax on Ford if Mexico Operations Expand

    12/26/2015 9:13:54 AM PST · by ScottWalkerForPresident2016 · 396 replies
    Mustang 360 ^ | 12/23/2015 | John Gilbert
    It was the Detroit News headline "Trump goes after Ford Motor Co." not how long Hillary went overtime in the restroom that got our attention. Donald Trump made a whistle stop outside Grand Rapids, Michigan to take aim at Ford’s plans to expand production in Mexico. Trump promised if elected he would threaten manufacturers with big tariffs on imports to discourage building manufacturing plants south of the border. Trump to Ford, "If you build that plant in Mexico, I’m going to charge you 35 percent on every car, truck part that you send into our country," he said. "Every single...
  • How the Economy Helps Trump

    12/11/2015 11:57:29 AM PST · by Theoria · 20 replies
    Politico ^ | 10 Dec 2015 | Zachary Karabell
    Despite steady recovery, too many Americans feel like they're on the outside looking in. The American economy suffers from a split personality, and Donald Trump appears to be the chief beneficiary of this illness. A study just released by Pew shows that for the first time in decades, the middle class is no longer in the majority in the United States. Instead, the upper and lower classes are. Now the middle class-defined as people earning between two-thirds and twice the median income (from $42,000 to $126,000 a year)-constitute just under 50 percent of the earning populace. Twenty-nine percent are in...
  • Israel pivots to Russia's Eurasian Economic Union (EEU)

    12/09/2015 5:26:30 PM PST · by VitacoreVision · 8 replies
    RT.com ^ | 8 Dec 2015 | RT
    The Russia-led Eurasian Economic Union (EEU) is planning to hold talks with Israel on establishing a free trade zone. The agreement is likely to strengthen Tel Aviv's economic ties with the union and improve Russia's investment climate. "There has been a decision to kick-off talks on the free trade zone with Israel," said the director of the EEU's Integration Development Department Victor Spassky. The EEU is a Russia-led trade bloc established in 2015 on the basis of the Customs Union of Russia, Kazakhstan and Belarus. It currently has five members: Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, while Tajikistan is a prospective...
  • DONALD TRUMP: The 'dummies' at The Wall Street Journal owe me an apology

    11/12/2015 3:10:50 PM PST · by SeekAndFind · 34 replies
    Business Insider ^ | 11/12/2015 | Colin Campbell and Brett LoGiurato
    Republican presidential candidate Donald Trump told Business Insider on Thursday that he is demanding a formal apology from The Wall Street Journal for an editorial that panned his free-trade policies. "In other words, they said, 'Donald Trump made a mistake in his speech.' And I didn't. It was said perfectly," the real-estate mogul said during an interview at his Trump Tower office. "And when you read my transcript — that's the transcript of my speech," he said, handing out a typed copy of his debate remarks, "it's perfect. So now we've demanded an apology from The Wall Street Journal." The...
  • Ben Carson Spurns GOP Base With Support for ObamaTrade TPP

    11/11/2015 5:07:25 PM PST · by VitacoreVision · 53 replies
    The New American ^ | 10 November 2015 | Alex Newman
    Pediatric neurosurgeon and 2016 GOP frontrunner Ben Carson has easily fended off most of the spurious attacks from the establishment press, but growing conservative outrage over the Carson campaign's recent announcement of support "with reservations" for Obama's deeply controversial Trans-Pacific Partnership deal may prove more tricky. Ironically, the Carson camp claimed Carson supported the deal, dubbed "ObamaTrade" by critics, as a "counterbalance to China's influence" just two days after the Obama administration publicly invited the brutal Communist Chinese dictatorship and Russia's Vladimir Putin to join the TPP as well. Among many of Carson's conservative supporters, the pro-TPP position is likely...
  • Christopher Columbus’ Objective: Free Trade Routes

    10/13/2015 12:58:59 PM PDT · by Kaslin · 28 replies
    Townhall.com ^ | October 13, 2015 | Seton Motley
    Monday was a federal holiday. By that we mean government bureaucrats had the day off - the people who pay them did not. For people addled by Political Correctness (PC) - it was “Indigenous People Day.” For We the Sane - it was Columbus Day. Columbus is of course Christopher Columbus. The Italian man funded by Spaniards who in 1492 established the European New World connection that led to us today. (The Vikings got here first - but their imprints eventually withered away.) Columbus set off to find…a new route to the East Indies (the Old World’s name for much...
  • The Trans Pacific Partnership: Just Change for the Sake of Change, or Well-Disguised Destruction?

    10/12/2015 11:13:15 AM PDT · by jfd1776 · 2 replies
    Illinois Review ^ | October 12, 2015 A.D. | John F. Di Leo
    The short version – the one we know from the mainstream media (MSM) – is as follows: The TPP is a terrific trade deal which would increase our economic activity on both sides of the Pacific, and which might be the greatest lasting victory of the Obama administration. It involves some unsavory compromises, but the benefits far outweigh them, if the administration is to be believed. And that may be true. But it may also be very wrong. The fact is, the Trans Pacific Partnership is a massive agreement that changes the entire scope of international trade policy, and merits...
  • Trans-Pacific Partnership Deal Reached! Now What?

    10/08/2015 8:15:57 PM PDT · by Tolerance Sucks Rocks · 16 replies
    Cato @ Liberty ^ | October 5, 2015 | Daniel J. Ikenson
    After six years of negotiations, a final Trans-Pacific Partnership agreement has been reached in Atlanta.  Check your pacemakers, trade policy wonks. This is about as exciting as it gets in our world.First, congratulations are in order for the TPP negotiators, who worked extremely hard over the past several years in an environment of profound public skepticism – much of it driven by pervasive scaremongering – to arrive at this moment. Reaching accord on a broad array of subjects between 12 countries at different levels of economic development with disparate policy objectives is not a task for the faint of heart.Second, there...
  • Trump Declares War On Obamatrade: ‘Time To Send A Real Businessman’ To White House To End This

    10/05/2015 4:14:10 PM PDT · by 2ndDivisionVet · 14 replies
    Breitbart's Big Government ^ | October 5, 2015 | Matthew Boyle
    GOP frontrunner Donald Trump is hammering President Barack Obama, his administration and Congress for completely failing the American worker when it comes to trade policy—whacking the Trans Pacific Partnership (TPP) trade pact with 12 Pacific Rim nations that the Obama just finalized in Atlanta as a deal that jeopardizes U.S. jobs. “The incompetence and dishonesty of the President, his administration and—perhaps most disturbing—the Congress of the United States are about to place American jobs and the very livelihoods of Americans at risk,” Trump tells Breitbart News in an exclusive statement reacting to the news that the president and his negotiators...
  • Free Trade Illusions: Why Free trade should not be a sacred doctrine among conservatives.

    09/29/2015 7:13:39 AM PDT · by SeekAndFind · 52 replies
    American Thinker ^ | 09/29/2015 | Norman Rogers
    Free trade is supported by enlightened thinkers and academic economists.  Those who are opposed to free trade are seen as special interests trying to shelter uneconomic industries that can’t stand up to foreign competition.  It is a truism that no trade transactions would take place if they weren’t to the advantage of both parties.  What could possibly be wrong with trade that is advantageous to both parties? If free trade is so wonderful, one has to wonder why many of our trading partners are resistant to it.  Perhaps these countries are just behind the times.  They may not have...