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Note to President Obama: China will NOT let you increase U.S. Exports to them.

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ddeclue Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 02:30 PM
Original message
Note to President Obama: China will NOT let you increase U.S. Exports to them.
Their plan is to bleed us dry and have been protecting their markets through artificial exchange rates and by preventing collective bargaining rights and all the basic standards of labor, environmental and safety laws that we take for granted in Western industrialized nations. We should revoke their MFN status and bar trading with them just as we do with Cuba.
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dgibby Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 02:34 PM
Response to Original message
1. And if we do that,
what's to stop them from calling in our debt?
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ddeclue Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 02:34 PM
Response to Reply #1
2. askin' ain't gettin'
call it in if they want.. I say screw'em.
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 02:39 PM
Response to Original message
3. During the 08 campaign I thought Obama understood the theory of "fair trade"
(Which isnt the same as "free" trade)

When another country has policies of restrictive tariffs on imports from our country the only way to deal with them is by imposing reciprocal tariffs until they end their restraint on imports.

Its a shame no one in the administration can figure this out.
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Hello_Kitty Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 02:41 PM
Response to Reply #3
4. It's not in their interest to figure it out. They work for Wall Street, not us. eom
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 02:44 PM
Response to Reply #4
5. True. Sad, but true.
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shawcomm Donating Member (877 posts) Send PM | Profile | Ignore Fri Jan-22-10 02:57 PM
Response to Reply #3
6. Yep, trade needs to be as free as the other country wants to make it
else we're screwing ourselves.
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endless october Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 03:12 PM
Response to Original message
7. China's unfair trade practices deserve tariffs.
bring back manufacturing. get us out of these losing trade arrangements.
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yankee2 Donating Member (12 posts) Send PM | Profile | Ignore Sat Jan-23-10 04:12 PM
Response to Original message
8. It's Third-world-ization
It's curious that Mr. Obama is, relatively speaking, standing up for freedom of speech and information (and coincidentally a huge multinational corporation) in China, after clearly acquiescing to decades of serious human rights infringements there, also of course in the service of big business and trade interests.

Has anyone noticed that almost every single thing government does seems to miraculously serve rich and corporate interests far better than those of the American "Middle Class?" Our $Trillions were supposed to rescue the economy - presumably for US. Has it done that? It apparently HAS for rich corporate interests.

Is this the "Third-world-ization of America" we've heard about? Was that too radical an idea to take seriously? Look around. The Working Classes (including the Middle Class) just got sharply downgraded. There's little reason to think things will get better. Corporate interests will drag their feet and make excuses for failing to reemploy Americans, for decades, until we accept the new paradigm.

At that point, Huge Multinational Corporate (Owning Class) interests will have won! They will have increased their holdings and power dramatically, while those and that of the Working Classes will have declined, permanently.

The (multinational, NOT necessarily American) Owning Class has gotten it's way, and benefited most, in The Bailout, the destruction of health care reform, in the continuation of the two bloody wars, and in (perhaps) opening a Bigger, Better New Market, China.

What has been done for American PEOPLE?

I can't think of anything, can you?

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