Dow jumps more than 250 points after the US and Canada secure a deal to replace NAFTA

CNBC ^ | 10/01/2018 | Fred Imbert

[Para-Ord.45]

2 hours of Canadian-only material that nobody watches.

Luckily, people are cutting their cable and just going to a high speed internet connection and stream what they want when they want.

[dfwgator]

I believe they do the same with radio stations that they have to play a certain percentage of Canadian artists.

[outofsalt]

"Didn't he also support the Democrats in pressuring banks/mortgage lenders to make down-payment free loans to those who couldn't even afford the monthly payments?"

Their objective is and has been to destroy capitalism. Socialism is how they will rule. It's not so much that Krugman and his fellow travelers are wrong as this is how they hope to seize power; Make things so bad people beg for government to take over.

[A Navy Vet]

Of course. That's why I no longer call them liberals or progressives. They are socialists to their core. Many are actually communists. I can't believe we have a Communist Caucus in our Congress.

Remember when JFK, a democrat, was more right-wing Constitutional than the RINOS of today? That man through guts and wisdom made the Soviets stand down during the Cuban Missile Crisis. He and his brother kept the World from blowing up. If there was ever a Kennedy that should have been put down, it was Ted. After LBJ, he did more damage to America than anyone I can think of off hand...and there have been plenty like Patsy Schroeder regarding our military.

If Senator Graham keeps on this track and reverses his McCain influenced amnesty, I will give him all my support, even to the next majority leader.

[GOPJ]

...we need to end H1B and end the ability of spouses to work prior to getting green card on their own. You close that and India will PAY us to buy our products … the biggest import from India is PEOPLE.

AMERICA FOR AMERICANS

[outofsalt]

The Cuban missile crisis would not have happened if Kennedy had supported the Bay of Pigs invasion.

[confederatecarpetbag]

I think it’s fair to conclude we have never seen a man like President Trump. Nor are we likely to ever see his ilk again. No matter what is going around him - no matter the chaos, the slander, the malice, the political indifference of his own party - Trump just keeps plowing ahead.

I constantly hear that he is wildly unpopular and unlikable, but I’ll believe my lying eyes.

[SunkenCiv]

Thanks Red Badger.

[riverdawg]

“If part of this plan is to find a market for corn so that we can end the ethanol subsidy, then even better. Ending ethanol subsidies would PERMANENTLY free the midwest from any influence from the left.”

I recently toured the Petersen Automotive Museum in Los Angeles, and there was an exhibit on alternative-fuel cars. An interesting accompanying chart had the cost of using various energy sources with existing technology relative to gasoline. As I recall, only natural gas was cheaper. Ethanol was equivalent to something like $3.40/gal when gasoline was $2.69/gal.

[katiedidit1]

What exactly does this mean? “The new agreement requires Mexico to allow more workers to unionize and to lift wages in some instances, specifically for autoworkers.” why should the USA tell Mexico they have to allow unions?

[RinaseaofDs]

You have no idea how much fresh water ethanol consumes either. It is an ENORMOUS amount. Refining gasoline also requires quite a bit of water too as it turns out, but not like ethanol production.

[jjotto]

Last I saw, ethanol and gasoline aren’t far apart in water use, two to three gallons of water per gallon of product.

For perspective, a 100 million gallon ethanol plant uses about the same amount of water as a small town of about 3,000.

[Spktyr]

Because Mexico has suppressed unions and worker demands for better wages with military force in the past to keep the maquiladora money flowing in. Mexico isn’t forced to accept unions and the new
Minimum Wage requirement also in the treaty - but if they don’t, US tariffs will kill their for-export manufacturing sector. Then they’re looking at either the cartels taking over or a violent revolution - either way, the politicians will be evicted from the gravy train.

Further, such measures will also mean more Mexicans will stay in Mexico through better treatment and better pay.

[RinaseaofDs]

I once nearly got the biggest beverage plant in the world developed up here in WA state.

The idea was to use rolling stock to ship beverages to places where water was scarce, and do it at a scale that would make manufacturing it cheaper (including the freight) than manufacturing locally and shipping by truck.

By using rail instead of truck, the fuel savings cost alone in WATER USE made the total water use of the plant a WASH. The amount of water used in the manufacturing of the beverages was offset by the diesel fuel savings.

The plant was to be partially powered by organic waste from the manufacturing process. It would have replaced 24 medium sized beverage manufacturing facilities. (Essentially replacing every plant in California, Arizona, and Nevada).

It didn’t happen. Watermelons tied us up and used the clock to beat us.