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Keyword: trade

Brevity: Headers | « Text »
  • A Reaganesque solution to the Ex-Im Bank dilemma

    05/27/2015 8:45:30 PM PDT · by Tolerance Sucks Rocks · 2 replies
    The Washington Times ^ | May 26, 2015 | John R. Bolton
    Opposition to the U.S. Export-Import Bank (Ex-Im) is now at the point where the bank’s reauthorization is genuinely in doubt. Spurred by accusations of corporate welfare, crony capitalism and outright corruption, opponents believe the Ex-Im Bank’s palpable violation of free-market principles fully warrants its early demise. The Ex-Im Bank’s critics have their economics entirely correct, but they have their geopolitics wrong. Their solution — simply terminating the bank — is appealing but counterproductive. What America should do, under a president with the wit to do it, is negotiate the global elimination of “export credits” (as these subsidies are generically known)....
  • State Department Officials Pass Through Revolving Door, Lobby for Passage of TPP

    05/27/2015 12:45:47 PM PDT · by Theoria · 6 replies
    The Intercept ^ | 27 May 2015 | Sam Knight
    While Democratic presidential candidate Hillary Clinton is refusing to reveal her position on the massive Trans-Pacific Partnership trade agreement, other former State Department officials are actively supporting the agreement. They’re just not bothering to reveal their conflicts of interest. More than 30 former State Department officials, envoys, military officers and White House national security advisers who served under both Republican and Democratic presidents signed a letter last month calling the trade agreement “a defining test for American political and economic leadership in the Asia-Pacific region” and urging members of Congress to give President Obama “fast-track” authority to speed its passage.Though the...
  • Here’s how much corporations paid US senators to fast-track the TPP bill

    05/27/2015 11:34:40 AM PDT · by Theoria · 29 replies
    The Guardian ^ | 27 May 2015 | C Robert Gibson and Taylor Channing
    Critics of the controversial Trans-Pacific Partnership are unlikely to be silenced by an analysis of the flood of money it took to push the pact over its latest hurdle A decade in the making, the controversial Trans-Pacific Partnership (TPP) is reaching its climax and as Congress hotly debates the biggest trade deal in a generation, its backers have turned on the cash spigot in the hopes of getting it passed.“We’re very much in the endgame,” US trade representative Michael Froman told reporters over the weekend at a meeting of the 21-member Asia-Pacific Economic Cooperation forum on the resort island of...
  • Is TPA Constitutional?

    05/27/2015 8:22:18 AM PDT · by SoConPubbie · 27 replies
    Reclaim DC ^ | May 24,2015 | David Serenda
    Since there is so much confusion about the recent trade bills and the similar titles of the proposed legislation, I am going to do my best to explain the difference between TPA (Trade Promotion Authority, which is a Congressional Act) and TPP (Trans-pacific Partnership, which is a multi-national agreement). I will also provide a brief explanation between U.S. Treaties, and Congressional-Executive Acts which is the basis of confusion over the recent vote on TPA. Before explaining TPA, it is helpful to understand the difference between a U.S.Treaty and a Congressional-Executive Act. Throughout our history America has entered into many...
  • The 4 percent-plus solution

    05/26/2015 6:04:27 PM PDT · by Tolerance Sucks Rocks · 12 replies
    The Washington Times ^ | May 25, 2015 | Richard W. Rahn
    Of those running for president, who will give this speech? “Ladies and Gentlemen, my administration will implement a series of economic policies to cause the economy to grow at an average rate of 4 percent or more a year. Growth of 4 percent-plus per year will create jobs at a faster rate than the growth in the labor force and provide hope for those who had despaired of finding a good job again. At a growth rate of a little over 4 percent per year, real incomes for all of our citizens will double in only 17 years. (At the...
  • Let's Say No to 'Fast Track' and Get on a 'Pro-American' Track

    05/24/2015 7:13:54 PM PDT · by Cringing Negativism Network · 73 replies
    Christian Post ^ | May 12, 2015|8:59 amris | By Phyllis Schlafly , CP Op-Ed Contributor
    Congress, led by Sen. Mitch McConnell (R-KY) and Speaker John Boehner (R-OH), is preparing to betray American workers, and the grassroots should rise up and say, "No, you don't." The secretive underhanded deal is called Fast Track, and that's an appropriate title because, indeed, it puts Americans on a fast track to lower wages and fewer available jobs. Read more at http://www.christianpost.com/news/lets-say-no-to-fast-track-and-get-on-a-pro-american-track-139015/#ylD1c6oBpMiKKJ67.99
  • Secret Deal Could Contain a Myriad of Gun Restrictions, Ammo Bans!

    05/23/2015 11:44:20 PM PDT · by ObamahatesPACoal · 73 replies
    Senate Majority Leader Mitch McConnell and Sen. Orrin Hatch may soon give the President authority to write gun control restrictions into a “trade agreement.” So click here to contact your Senators –- whether they are liberal or conservative. Urge them to vote against the anti-gun “fast track” bill (S. 995). Will UN-style gun control be rammed down our throats? Gun import bans ... Microstamping of firearms ... Ammunition bans ... The full implementation of the anti-gun UN Arms Trade Treaty ... Illegal amnesty which locks in millions of new, anti-gun voters.
  • Sen. Cruz: Trade Promotion Authority Creates a Path for Prosperity

    05/23/2015 10:11:24 AM PDT · by Theoria · 151 replies
    Cruz.Senate.Gov ^ | 22 May 2015 | Ted Cruz
    We must engage the global economy to ignite growth and opportunity at home May 22, 2015 | 202-228-7561 WASHINGTON, D.C. - U.S. Sen. Ted Cruz (R-Texas), today released the following statement regarding legislation to establish trade promotion authority: "The American middle class is getting crushed by the Obama economy," said Sen. Cruz. "Middle class incomes are stagnating, and the labor force participation rate has not been this low since the Carter Administration. While I have serious concerns about the all-too-typical Washington backroom deals that enabled this bill to get to the floor, I could not in good conscience vote against...
  • If Republicans lose 2016...(Matt Drudge via Twitter)

    05/23/2015 9:22:02 AM PDT · by RightGeek · 74 replies
    Matt Drudge via Twitter ^ | May 22, 2015 | Matt Drudge
    If Republicans lose 2016, it can be traced to tonight's trade deception. At least with Hillary we will get Sex, Drugs and Lawrence Welk...
  • $100 billion Saudi built-from-scratch city to be ready by 2035

    05/22/2015 6:40:54 PM PDT · by 2ndDivisionVet · 7 replies
    KOMO-TV / The Associated Press ^ | May 22, 2015 | Karin Laub
    SOUTHERN SHUNEH, Jordan - A $100 billion city-from-scratch in Saudi Arabia is to be completed by 2035 and will serve as the main logistics and manufacturing hub for countries on the Red Sea, the world's "largest new emerging market," said the CEO of the company in charge of the mega-project. The business model of an entire city being built by the private sector was so unusual that it required adjustments in the beginning, said Fahd al-Rasheed, the Group CEO of Emaar Economic City (EEC), which is building the King Abdullah Economic City. "Putting that first phase together is the most...
  • Fast-track Trans-Pacific Trade legislation passes U.S. Senate hurdle in win for Obama

    05/21/2015 9:34:11 AM PDT · by SeekAndFind · 35 replies
    Yahoo Finance | 05/21/2015 | Richard Cowan
    President Barack Obama's signature Asian trade push cleared another hurdle in the U.S. Senate on Thursday after a knife-edge vote moved the White House closer to gaining the power to speed trade deals through Congress. Senators voted 62-38 to give Obama a major victory and set up a speedy decision on the "fast-track" trade negotiating authority the president needs to complete the Trans-Pacific Partnership (TPP) trade deal. TPP is seen as central to U.S. efforts to counter China's increasing economic muscle. Thirteen of 44 Democrats supported the legislation through the second Senate vote. Some supported moving ahead with fast track...
  • The Obama-Boehner-McConnell 'Fast Track' to a Poorer America

    05/20/2015 12:28:41 PM PDT · by Kaslin · 29 replies
    Townhall.com ^ | May 20, 2015 | Terry Jeffrey
    President Barack Obama is negotiating a multilateral trade agreement with the governments of 11 nations. These include Malaysia and Vietnam -- as well as Japan, Brunei, Australia, Singapore, New Zealand, Canada, Mexico, Chile and Peru. This so-called Trans-Pacific Partnership would govern most of the commercial relations between the nations that sign it. "With over 20 chapters under negotiation," explains a Congressional Research Service report published in March, "the TPP partners envision the agreement to be 'comprehensive and high-standard,' in that they seek to eliminate tariffs and nontariff barriers to trade in goods, services, and agriculture, and to establish or expand...
  • I’ve Read Obama’s Secret Trade Deal. Elizabeth Warren Is Right to Be Concerned.

    05/19/2015 1:59:22 PM PDT · by Mariner · 16 replies
    Politico ^ | May 19th, 2015 | By MICHAEL WESSEL
    “You need to tell me what’s wrong with this trade agreement, not one that was passed 25 years ago,” a frustrated President Barack Obama recently complained about criticisms of the Trans Pacific Partnership (TPP). He’s right. The public criticisms of the TPP have been vague. That’s by design—anyone who has read the text of the agreement could be jailed for disclosing its contents. I’ve actually read the TPP text provided to the government’s own advisors, and I’ve given the president an earful about how this trade deal will damage this nation. But I can’t share my criticisms with you. I...
  • Third-Class Temperament

    05/15/2015 8:19:53 AM PDT · by Kaslin · 5 replies
    Townhall.com ^ | May 15, 2015 | Mona Charen
    Like cult members awaking to find their leader swigging gin and squirreling money into a Swiss bank account, liberals are rubbing their eyes in disbelief at President Obama's behavior. The figure they worshiped so fervently and for so long is now revealed to be a "sexist" -- at least according to National Organization for Women President Terry O'Neill. Her view is seconded by Sen. Sherrod Brown, D-Ohio. They are upset about the president's derisive treatment of Sen. Elizabeth Warren, D-Mass., who committed a sin the president does not take kindly -- she disagreed with him. For differing about the merits...
  • Krauthammer: A ‘no’ to free trade is a ‘yes’ to China

    05/15/2015 12:03:20 AM PDT · by 2ndDivisionVet · 64 replies
    The Albuquerque Journal ^ | May 15, 2015 | Dr. Charles Krauthammer
    That free trade is advantageous to both sides is the rarest of political propositions – provable, indeed mathematically. David Ricardo did so in 1817. The Law of Comparative Advantage has held up nicely for 198 years. Nor is this abstract theory. We’ve lived it. The free-trade regime created after World War II precipitated the most astonishing advance of global welfare and prosperity the world has ever seen. And that regime was created, overseen, guaranteed and presided over by the United States. That era might be coming to a close, however, as Democratic congressional opposition to free trade continues to grow....
  • Cruz Battles TPA's Sneaky Immigration Changes

    05/14/2015 7:04:51 AM PDT · by 2ndDivisionVet · 43 replies
    Sen. Ted Cruz (R-Texas) has filed an amendment to the Trade Act of 2015 to lock in assurances that this legislation cannot be used to change federal immigration law. “The Obama Administration has repeatedly assured Members of Congress that there is nothing in the Trade Act of 2015 that would allow the President to unilaterally make changes to federal immigration laws,” said Sen. Cruz. “I agree, and we should put it in writing and make it binding law. I am a strong supporter of free trade, but I cannot support legislation that would allow the President to once again circumvent...
  • TPP Vote 2015: Senate Reaches Agreement To Move Fast-Track Trans-Pacific Partnership Trade Authority

    05/13/2015 7:29:04 PM PDT · by Whenifhow · 34 replies
    IB Times ^ | May 13 2015 | Howard Koplowitz
    Senate Democrats reached a deal with Republicans Wednesday to move forward on U.S. President Barack Obama’s fast-track trade agenda, one day after pro-trade Senators stalled the bill by blocking debate, according to Politico and Roll Call. In exchange for their support on a vote for the fast-track trade authority, Democrats will get separate votes on two related bills on currency manipulation and duty-free status to U.S. imports of goods from certain sub-Saharan African countries. “We have to take some of these votes separately or we kill the underlying legislation,” said Senate Majority Leader Mitch McConnell, R-Ky., according to Politico. “It’s...
  • Guard Tells Dem Senator: You Can’t Take Notes About Obama’s Trade Agreement

    05/13/2015 7:27:23 PM PDT · by Nachum · 36 replies
    cns.com ^ | 5/13/15 | Melanie Hunter
    (CNSNews.com) – Speaking on the Senate floor Tuesday, Sen. Barbara Boxer (D-Calif.) described how she was told by a guard to surrender her cell phone and that she could not take notes on the president's trade agreement when she went to read it. “Let me tell you what you have to do to read this agreement. Follow this: You can only take a few of your staffers who happen to have a security clearance, because – God knows why – this is secure. This is classified. It’s nothing to do with defense,” said Boxer. “It has nothing to do with...
  • Exclusive — Mike Huckabee To Republicans In Congress: Don’t Revive Obamatrade

    05/13/2015 2:59:36 PM PDT · by ObamahatesPACoal · 7 replies
    Breitbart ^ | 12 May 2015 | Matthew Boyle
    After Senate Democrats helped partially kill—or at least temporarily stall—Senate Majority Leader Sen. Mitch McConnell (R-KY)’s desire to implement President Barack Obama’s trade agenda on Thursday, McConnell and his fellow GOP leadership folks vowed to bring it back to life again. But former Arkansas Gov. Mike Huckabee, a 2016 GOP presidential candidate, says Republicans should leave it dead rather than hurting American workers with a big, secret trade deal none of them have read.
  • Senator Jeff Sessions – Leader of the Rising “Populist Conservatives”

    05/13/2015 6:19:40 AM PDT · by xzins · 48 replies
    CHQ ^ | 5/13/2015 | CHQ Staff
    Yesterday, led by Alabama’s principled limited constitutional conservative Senator Jeff Sessions, a small band of the Senate’s “populist conservative” Republicans joined with Democrats to, temporarily at least, derail the “fast track” Trade Promotion Authority bill (TPA) now working its way through Congress. The TPA bill is backed by a strange alliance of Big Business, establishment Republicans and, wait for it – Barack Obama. Only one Democrat, Sen. Tom Carper, voted for the bill. The Wall Street Journal attacked conservatives opposing the bill as “No-Growth Republicans,” but the clear winner in the battle so far has been Senator Sessions, who has...
  • Senator Rubio Applauds Invitation to Include Mexico in Trans-Pacific Partnership

    05/13/2015 3:36:21 AM PDT · by ObamahatesPACoal · 27 replies
    Senator Marco Rubio ^ | Jun 18 2012
    U.S. Senator Marco Rubio (R-FL), the ranking member of the Senate Foreign Relations Committee’s Subcommittee on Western Hemisphere Affairs, issued the following statement regarding today’s announcement of the invitation for Mexico to join the Trans-Pacific Partnership (TPP) negotiations: “Especially over the past decade, many Latin American nations have emerged as examples of the prosperity, security and opportunities that take root when free enterprise is embraced. By strengthening trade relationships with our partners in the Americas, we have helped strengthen democracies and created new consumers for U.S. products and services. “Mexico’s inclusion in Trans-Pacific Partnership negotiations is a welcome step that...
  • Rush Limbaugh purposefully covering for Republican TPP sell outs?

    05/12/2015 5:48:18 PM PDT · by vikingrinn · 29 replies
    RushLimbaugh.com ^ | 05/12/2015 | Rush Limbaugh
    "The Soft Tsunami of Liberalism Has Torn Down the Mystique of American Sports" "An Analysis of Deflategate Scuttlebutt"
  • Senate deals stinging defeat to Obama trade agenda (fails 52-45)

    05/12/2015 12:04:31 PM PDT · by GIdget2004 · 115 replies
    The Hill ^ | 05/12/2015 | Alexander Bolton
    Senate Democrats on Tuesday delivered a stinging blow to President Obama’s trade agenda by voting to prevent the chamber from picking up fast-track legislation. A motion to cut off a filibuster and proceed to the trade bill fell short of a 60-vote hurdle in the 52-45 vote. Sen. Tom Carper (Del.) was the only Democrat to back it. Senate GOP Leader Mitch McConnell (R-Ky.) switched his vote from yes to no to reserve his ability to return to the measure at a later date. Fast-track is a top legislative priority for the White House, but it has run into significant...
  • Senator suggests gender played into Obama-Warren spat

    05/12/2015 1:57:44 PM PDT · by C19fan · 25 replies
    Politico ^ | May 12, 2015 | Seung Min Kim
    Ohio Sen. Sherrod Brown, one of the top Democratic opponents of President Barack Obama’s trade agenda, criticized Obama on Tuesday for what the senator saw as “disrespectful” comments toward Sen. Elizabeth Warren and indicated that Warren’s gender may have played a role. “I think by just calling her ‘another politician’,” Brown told reporters Tuesday when asked how Obama was being disrespectful to Warren. “I’m not going to get into more details. I think referring to her as first name, when he might not have done that for a male senator, perhaps? I’ve said enough.”
  • REPUBLICANS MOVE TO RESCUE OBAMATRADE

    05/12/2015 9:32:18 AM PDT · by NowApproachingMidnight · 10 replies
    The Hill ^ | 5/11/15 | Alexander Bolton
    McConnell had not told colleagues how he would package the trade bills as of 5 p.m. Monday.
  • Misinformation Campaign Threatens Free Trade Deal

    05/12/2015 3:40:51 AM PDT · by IBD editorial writer · 104 replies
    Investor's Business Daily ^ | 05/11/2015 | Staff
    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.
  • Fast track? How about a pro-America track

    05/11/2015 8:41:23 PM PDT · by boycott · 11 replies
    WND.com ^ | 5-11-2015 | Phyllis Schlafly
    Fast track will increase our trade deficits, which reduce economic growth. Economists have estimated that the last trade deal, which we made with South Korea and which is the template for TPP, wiped out 50,000 American jobs. Sen. Sessions called on Obama to rewrite the deal. Sessions said, “We don’t need a fast track but a regular track” so we can evaluate the false promises. Fast track turns over some of our authority as a sovereign nation to international authorities, which is a major longtime goal of the internationalists, the so-called kingmakers, and big business lobbyists. The code language that...
  • Exports Drive Economic Growth in the States

    05/11/2015 2:21:32 PM PDT · by ThethoughtsofGreg · 3 replies
    American Legislator ^ | 5-11-15 | Karla Jones
    International trade is a job creation engine that supports more than one in five jobs nationwide. Every state benefits from exports, and Texas, California and New York have the highest export revenues. Even states earning less than the top three states receive billions of export dollars. The United States is in the midst of negotiating three major trade frameworks (Trans-Pacific Partnership [TPP], Transatlantic Trade and Investment Partnership [TTIP] and Trade and Investment Services Agreement [TISA]) that will be difficult to conclude without trade promotion authority (TPA). Trade Promotion Authority – The States Are Stakeholders provides background on TPA and the...
  • Only Two Republicans Admit They Actually Read Secret Obama Trade Deal—Both Unsupportive

    05/09/2015 10:33:23 AM PDT · by QT3.14 · 16 replies
    Breitbart ^ | May 7 2015 | Matthew Boyle and Alex Swoyer
    With the first votes on the Trade Promotion Authority (TPA) that would fast-track TPP just days away, it’s looking like Senate Majority Leader Sen. Mitch McConnell (R-KY)54% expects Americans to accept former House Speaker Rep. Nancy Pelosi's (D-CA)7% Obamacare logic for the trade deal: you have to pass it to find out what’s in it. “If you want to hear the details of the Trans-Pacific Partnership trade deal the Obama administration is hoping to pass, you’ve got to be a member of Congress, and you’ve got to go to classified briefings and leave your staff and cellphone at the door,”...
  • Obama Accuses Democrats of Distorting Facts on Trans-Pacific Trade Pact

    05/08/2015 1:23:15 PM PDT · by Theoria · 17 replies
    The New York Times ^ | 08 May 2015 | Peter Baker
    President Obama on Friday lashed out at critics within his own party as he accused fellow Democrats of deliberately distorting the potential impact of the sweeping new trade agreement he is negotiating with Asia and standing in the way of a modern competitive economy. With the same tone of disdain he usually reserves for his Republican adversaries, Mr. Obama said liberals who are fighting the new trade accord, the Trans-Pacific Partnership, were “just wrong” and, in terms of some of their claims, “making this stuff up.” If they oppose the deal, he said, they “must be satisfied with the status...
  • Sen. Jeff Sessions: Top Five Concerns With Trade Promotion Authority (Covert Immigration Bill)

    05/06/2015 5:51:07 AM PDT · by xzins · 20 replies
    Conservative HQ ^ | 5/6/2015 | CHQ Staff
    Congress has the responsibility to ensure that any international trade agreement entered into by the United States must serve the national interest, not merely the interests of those crafting the proposal in secret. It must improve the quality of life, the earnings, and the per-capita wealth of everyday working Americans. The sustained long-term loss of middle class jobs and incomes should compel all lawmakers to apply added scrutiny to a “fast-track” procedure wherein Congress would yield its legislative powers and allow the White House to implement one of largest global financial agreements in our history—comprising at least 12 nations and...
  • We Need to Bring Jobs Back to America (Trade Deficit with China, Rapidly Escalating)

    05/05/2015 4:04:12 PM PDT · by Cringing Negativism Network · 49 replies
    The Census Bureau ^ | Cinco de Mayo, 2015 | (just a rant)
    http://www.census.gov/foreign-trade/balance/c5700.html This is a US Government website which tracks our (negative, and getting ever worse) trade deficit with the Peoples Republic of China. Last year we ran an all-time new record trade deficit with China of 342 billion dollars. Guess what?
  • Extreme secrecy eroding support for Obama's trade pact

    05/05/2015 9:41:56 AM PDT · by Scutter · 17 replies
    Politico ^ | 5/4/15 | Edward-Isaac Dovere
    If you want to hear the details of the Trans-Pacific Partnership trade deal the Obama administration is hoping to pass, you’ve got to be a member of Congress, and you’ve got to go to classified briefings and leave your staff and cellphone at the door.
  • Extreme secrecy eroding support for Obama's trade pact

    05/05/2015 8:41:56 AM PDT · by yoe · 7 replies
    Politico ^ | May 4, 2015 | Edward-Isaac Dovere
    If you want to hear the details of the Trans-Pacific Partnership trade deal the Obama administration is hoping to pass, you’ve got to be a member of Congress, and you’ve got to go to classified briefings and leave your staff and cellphone at the door. If you’re a member who wants to read the text, you’ve got to go to a room in the basement of the Capitol Visitor Center and be handed it one section at a time, watched over as you read, and forced to hand over any notes you make before leaving. [snip] Obama’s seeking a renewal...
  • Isakson tries to reassure GOP on trade bill (Fast Track authority)

    05/02/2015 5:55:24 AM PDT · by cotton1706 · 4 replies
    thehill.com ^ | 5/2/15 | Bernie Becker
    Sen. Johnny Isakson (R-Ga.) sought to assuage conservative concerns about a trade bill that’s a top priority for both President Obama and GOP leaders in his party’s weekly address. Isakson made the case that giving Obama “fast-track” authority on trade wouldn’t be giving too much power to a president that many conservatives believe is guilty of executive overreach. Under fast-track authority, lawmakers aren’t allowed to amend trade deals sent up to Congress. That’s seen as crucial to completing the Trans-Pacific Partnership, a massive agreement between the U.S., Japan and 10 other Asian economies. “Congress still has the final say in...
  • Video: Alan Grayson: No to ‘Fast Track,’ No to Trade Treachery

    04/30/2015 11:46:11 AM PDT · by Wolfie · 5 replies
    Youtube ^ | Apri. 29, 2015
    I'm sure this will go over like a fart in church, but what the heck, video at link: No to Fast Track, No to Trade Treachery,
  • Bipartisanship Is Busting Out All Over

    04/28/2015 11:21:03 AM PDT · by Kaslin · 12 replies
    Townhall.com ^ | April 28, 2015 | Michael Barone
    Like spring, bipartisanship is busting out all over. Even more so maybe: Washington in a time of alleged global warming is suffering through a chilly, wet springtime, but bipartisanship is sprouting up like gangbusters. Exhibit A is the Corker-Cardin legislation, passed unanimously in the Senate Foreign Relations Committee, providing for limited congressional review of negotiations with Iran over its nuclear weapons program. Exhibit B is the legislation combating human trafficking, passed unanimously by the Senate last Wednesday. Exhibit C is the elimination of the annual "doc fix," engineered by Speaker John Boehner and House Minority Leader Nancy Pelosi. These legislative...
  • Warren to Obama: Stop making 'untrue' trade claims

    04/26/2015 11:30:50 AM PDT · by Libloather · 18 replies
    The Hill ^ | 4/25/15 | Peter Schroeder
    Sen. Elizabeth Warren (D-Mass.) told President Obama on Saturday he was making “untrue” claims about his opponents — including herself. The feud between Obama and the left continued Saturday, when Warren and Sen. Sherrod Brown (D-Ohio) called on the president to immediately declassify the negotiating terms of a pending trade deal with a host of nations known as the Trans-Pacific Partnership. In an effort to push through trade legislation that would help finalize the deal, Obama has blasted critics on the left, saying they are “wrong” and “don’t know what they’re talking about.” Liberal critics of the trade deal have...
  • Texas trade group heads to Cuba (et tu, Texas?)

    04/25/2015 10:45:35 PM PDT · by balch3 · 19 replies
    Yahoo News ^ | April 25, 2015 | AP
    DALLAS (AP) — A Texas delegation is arriving in Cuba with hopes of building a front-of-the-line position for renewed trade with the Caribbean nation long isolated by a U.S. embargo. The Dallas Morning News (http://bit.ly/1IX4MDi ) reports the delegation landing in Havana on Sunday is the first Texas has sent to Cuba since the U.S. and the communist island nation agreed to restore diplomatic relations. Texas industries with potential to expand trade with Cuba include agriculture, airlines, oil, technology and tourism, said Cynthia Thomas, president of the Dallas-based consulting firm Tri Dimension Strategies and leader of the delegation. "The last...
  • House panel threatens to cut defense secretary budget over Bergdahl stonewalling

    04/24/2015 2:24:19 PM PDT · by jazusamo · 22 replies
    Fox News ^ | April 24, 2015 | Jennifer Griffin, Lucas Tomlinson
    The head of a powerful House panel is threatening to withhold defense funding over the department's alleged stonewalling in a probe of the controversial swap of five Taliban leaders for Sgt. Bowe Bergdahl. Former Defense Secretary Chuck Hagel had initially pledged to respond to questions, when lawmakers first demanded to know why the Pentagon had not given Congress the requisite 30-day notice before proceeding with the May 31 prisoner trade. But nearly a year later, the Pentagon has released only a trickle of highly redacted emails from before the swap. Republican lawmakers now plan to attempt the unusual step of...
  • Obama: Elizabeth Warren Is 'Wrong' On Trade

    04/22/2015 7:11:45 PM PDT · by Theoria · 28 replies
    NPR ^ | 22 April 2015 | Domenico Montanaro
    A full-fledged Democratic trade war has broken out."I love Elizabeth. We're allies on a whole host of issues, but she's wrong on this," President Obama said Tuesday night in an interview on MSNBC's Hardball with Chris Matthews, referring to liberal Massachusetts Sen. Elizabeth Warren.Warren and the progressive left, scarred by trade deals past like the North American Free Trade Agreement, or NAFTA, have launched a vocal fight against granting the president so-called "fast-track" authority to negotiate a 12-country Pacific trade deal. "Are you ready to fight?" Warren said at a rally April 15 with labor leaders and Vermont liberal Sen....
  • NEWS ALERT. DICK MORRIS: Obama Sneaking in 'Unrestricted Immigration' in Trade Deal

    04/20/2015 7:22:27 PM PDT · by concernedcitizen76 · 20 replies
    Breitbart News ^ | April 20, 2015 | Pam Key
    Monday on Newmax TV’s “America’s Forum,” political commentator Dick Morris said the Trans-Pacific Partnership (TPA) fast track being supported by many Republicans has a provision that allows for the “free flow of workers” between countries, essentially creating a backdoor to “unrestricted immigration.” Morris said, “This is huge. I hope everybody listening takes action call your senator about it. If he is a Republican he is voting wrong. “I dont think that people understand that in this deal which is a trade agreement among Australia, Malaysia, Vietnam, Japan, Canada, the United States, Mexico, Peru, and Chile, there’s a provision for free...
  • Evidence of Pre-Columbus Trade Found in Alaska House

    04/17/2015 5:39:17 PM PDT · by Rebelbase · 61 replies
    Live Science ^ | April 16, 2015 | Owen Jarus
    Archaeologists working at the Rising Whale site at Cape Espenberg, Alaska, have discovered several artifacts that were imported from East Asia. Bronze artifacts discovered in a 1,000-year-old house in Alaska suggest trade was occurring between East Asia and the New World centuries before the voyages of Columbus.
  • Democrats’ civil war over free trade

    04/17/2015 10:41:30 AM PDT · by Theoria · 22 replies
    Politico ^ | 16 April 2015 | Adam Behsudi
    The open in-fighting ramped up after a breakthrough on the historic bill was announced. The most important trade bill in a decade has pitted Harry Reid against President Barack Obama. Liberal Democrat Rosa DeLauro against moderate Democrat Ron Kind. Labor unions against pro-business Democrats. And Elizabeth Warren against virtually everyone who supports a landmark piece of legislation that would allow the president to close what could be the biggest free-trade deal in history. The open warring among Democrats over fast-track trade legislation, and the party’s broader existential crisis on free trade, grew more pronounced Thursday as senior lawmakers announced a...
  • Deal Reached on Fast-Track Authority for Obama on Trade Pact

    04/16/2015 11:49:33 AM PDT · by Theoria · 25 replies
    The New York Times ^ | 16 April 2015 | Jonathan Weisman
    The leaders of Congress’s tax-writing committees reached agreement Thursday on legislation to give President Obama “fast track” authority to negotiate an ambitious trade accord with 11 other Pacific nations, beginning what is sure to be one of the toughest legislative battles of his last 19 months in office. The “trade promotion authority” bill — likely to be unveiled Thursday afternoon — would give Congress the power to vote on the Trans-Pacific Partnership once it is completed, but would deny lawmakers the chance to amend what would be the largest trade deal since the North American Free Trade Agreement. Senator Orrin...
  • Helping Barack Remember History

    04/16/2015 9:40:12 AM PDT · by Kaslin · 7 replies
    Townhall.com ^ | April 16, 2015 | Emmett Tyrrell
    WASHINGTON -- Does anyone remember what it was that turned America hostile toward the tropical paradise of Cuba? Our president tells us "we're caught in a time warp, going back to the 1950s and gunboat diplomacy, and 'Yanquis' and the Cold War." Yes, really, "gunboat diplomacy." That is how University of Chicago adjunct law professors talk about American foreign policy. And he adds, "Sometimes those controversies date back to before I was born." So, what got America so riled up over the Castro brothers and Cuban communists even before Barack Obama was born? As I recall, it was a bipartisan...
  • AFL-CIO ramps up its effort against Obama trade agenda

    04/13/2015 10:16:53 AM PDT · by Theoria · 7 replies
    The Hill ^ | 13 April 2015 | Vicki Needham
    The AFL-CIO is ramping up its efforts this week to convince Congress to oppose giving the White House fast-track authority on trade. The labor group is holding events across the country as part of a “week of action” on trade. “The week of action will increase the political momentum and grassroots opposition to fast track the same week Congress is expected to begin consideration of a trade promotion authority bill,” the AFL-CIO said in a statement. Lawmakers, labor union leaders and their members will hold a rally Wednesday on Capitol Hill and follow that up with 50 grassroots events around...
  • Trade agreement is a Trojan horse for Obama's immigration agenda

    04/13/2015 10:07:07 AM PDT · by Jim Robinson · 4 replies
    The Hill ^ | April 13, 2015 | By Curtis Ellis
    Congress is considering whether to give President Obama the power to fast-track the Trans-Pacific Partnership, a sweeping international regulatory agreement the White House describes as "rules for the world's economy" — and the U.S. TPP regulates everything from the environment and energy (climate change, anyone?) to minimum wages, food and, most notably, immigration. If approved, the Trans-Pacific Partnership would have the force of a treaty. Its regulations would override U.S. law. With fast-track trade promotion authority (TPA), only a simple majority in both houses of Congress, not a two-thirds supermajority in the Senate, would be needed for approval. Congress could...
  • Trade fight looms as Congress returns

    04/13/2015 9:53:49 AM PDT · by Theoria · 2 replies
    Politico ^ | 13 April 2015 | Doug Palmer and Adam Behsudi
    A smoldering debate over trade is expected to get even hotter after Congress returns from its two-week spring break. Senate Finance Committee leaders Orrin Hatch and Ron Wyden appear poised to introduce a “fast track” trade promotion authority bill along with House Ways and Means Committee Chairman Paul Ryan. But months of closed-door negotiations were continuing on Friday, congressional aides said. The power, largely embraced by Republicans, pits many congressional Democrats, including Sen. Elizabeth Warren and potentially Senate Democratic leader-in-waiting Charles Schumer, against the White House. The measure would allow President Barack Obama to submit free trade agreements to Congress...
  • Gov. Scott Walker heads to Europe on trade mission as he ramps up likely White House bid

    04/10/2015 9:10:30 AM PDT · by afraidfortherepublic · 13 replies
    Gov. Scott Walker heads to Europe this week on a trade mission featuring private meetings with business and government representatives in Germany, France and Spain, as he ramps up for a likely bid for the Republican presidential nomination in 2016. The most high-profile event on Walker's itinerary comes Tuesday when he's slated to deliver a 15-minute speech titled "Opportunities for bilateral trade and investment" at the Hannover Messe trade show in Germany. That is the world's largest industrial fair, Walker's office said in the documents detailing the trip provided to The Associated Press. Walker's only other event that's open to...