US lawmakers push tough new 'Buy American' bill
• AFPUS lawmakers have introduced legislation to tighten "Buy American" rules that often anger major US trading partners by requiring that public sector projects rely on domestic goods and services.
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Free Trade
Republicans urge Obama launch free trade pact push
• ReutersRepublican U.S. congressional leaders urged President Barack Obama to work with them to win approval of long-stalled free trade pacts with Colombia, Panama and South Korea as early as possible in 2010.
This Thanksgiving, Celebrate Reason, Not Faith
Mike RenzulliThanksgiving is a uniquely American holiday that celebrates mankind's productive ability. It is not a day of national guilt or a religious festival.
Asian leaders seek to reduce Western trade ties
• ReutersAsia-Pacific leaders called for regional-wide free trade and other measures to reduce dependence on the United States and big Western markets as Asia leads the way out of the global economic downturn. Japanese Prime Minister Yukio Hatoyama urged A
White House to exempt Canada on "Buy American": report
• ReutersThe White House is expected to exempt Canada from a provision in the U.S. stimulus package that gives priority to American-made products used in public works projects, CBC News reported on Tuesday.
Trade Wars and Protectionism are not Free Trade - by Ron Paul
Powell GammillThe president made a stunning decision that signals the administration’s determination to repeat the mistakes of the Great Depression. Much like the Smoot-Hawley Tariffs that set off a global trade war and effectively doomed us to ten more years of
Russia's Putin urges US to scrap trade barriers
• AP[trade barriers? I thought we had a free market in the USA.] Putin challenged Washington to also cancel all existing restrictions on trade with Russia and give the go-ahead to World Trade Organization membership for Russia, Belarus and Kazakhstan.
China Moves to Retaliate Against U.S. Tire Tariff
• NY TimesChina unexpectedly increased pressure on the United States in a widening trade dispute, taking the first steps toward imposing tariffs on American exports of automotive products and chicken meat in retaliation for President Obama’s decision to levy t
You Lie !
Linda HunnicuttI am amazed at the response I have seen about Joe Wilson's outburst in Congress last evening. We all scream daily about the lies and illegal acts done by our government yet when one man has the guts to publicly denounce a liar he is shunned by everyone? I personally think this was the best thing that anyone has done in years. Joe has stood and yelled his opposition to a blatant lie.
Obama to impose tariffs on Chinese tires
• YahooPresident Barack Obama has slapped punitive tariffs on all car and light truck tires entering the United States from China in a decision that could anger the strategically important Asian powerhouse but placate union supporters important to his health care push at home.
As Cheaper Chinese Tires Roll In, Obama Faces an Early Trade Test
• Washington PostObama must decide whether to slap a 55 percent tariff on tires imported
from China, as recommended by a federal trade panel, or leave the
matter alone, as a phalanx of lobbyists representing manufacturers in
China and U.S. companies that import from them are urging.
The Protectors of Nothing
Justin BuellEvery time I accompany my mom to the doctors office, I notice a curiously popular sentiment among the drivers on the road. Almost every single car, usually pick-up trucks, carries the ever-so popular bumper sticker: “Out of the job yet? Keep buying foreign!” Much like all the “Buy American” signs, and “Support Your Country” mantra, this has actually become a well received idea.
US should give Chinese chicken a chance-meat group
• Reuters[nice that your tax absconded government props your chicken prices up] The US meat sector urged Congress to lift a ban that effectively prevents Chinese poultry imports in order to avoid retaliation on their own exports to China.
Beijing orders 'Buy China' for stimulus projects
• APChina has imposed a requirement for its stimulus projects to use domestically made goods -- a move that could strain ties with trading partners after Beijing criticized Washington's "Buy American" stimulus provisions.
Projects must obtain official permission to use imported goods, said an order issued by China's main planning agency and eight other government bodies.
U.S. Economy: Trade Gap Grows as Exports Decrease
• BloombergThe U.S. trade deficit widened in
April for a second month as some of the world’s largest
economies continued to contract, pushing exports to the lowest
level in almost three years.
The gap between imports and exports grew 2.2 percent to
$29.2 billion, in line with forecasts, from a revised $28.5
billion in March that was larger than
Europe-U.S. trade war could spell end to Roquefort dressing
• McClatchy NewsRoquefort cheese and some other popular European food imports could disappear soon from U.S. gourmet shops and fancy food departments. The imports are hostages in a long-running trans-Atlantic food fight over the European Union's French-led refus
Trade Barriers Rise as the Recession’s Grip Tightens
• NY TimesAfter repeated pledges by world leaders to avoid erecting trade barriers, protectionism is on the march, provoking nasty trade disputes and undermining efforts to plot a coordinated response to the deepest global economic downturn since World War II.
As Economy Plummets, Cashless Bartering Soars on the Internet
• Washington Post"In this climate, when everyone's concerned about their money, this is a cracking idea," said Quinn, 49, a father of three who found his plumber on http://swapaskill.com, a bartering Web site based in Britain. "It's a great way
Prosperity & Peace - Freedom Works. Fear Does Not.
• Christine Smith BlogI do not fear unfettered commerce between nations as I do not fear reliance on any region of the world for resources, nor do I fear immigrants in the workforce. I’m glad for them all. Unregulated supply and demand works locally & globally.
Ford Motor Plant in Brazil - Ford's Most Advanced Assembly Plant
• Detroit NewsOne look at this and you will be able to tell why there will probably never be another one built in the USA or Canada. It will also point out why more assembly plants will go offshore. and…… pay attention to the last few words. It says a lot!
US is Cuba’s fifth trading partner- in spite of the embargo
• South Atlantic News AgencyUnited States farm and food exports to Cuba reached 600 million US dollars in 2007, despite the decades old US trade embargo, according to the latest release from the Cuban Statistics Office.
Smile: Weak dollar, exports up!
• AFPA boom in exports and tax rebates to tens of millions of Americans helped bolster US economic growth to an annualized 1.9% during the second quarter, a government report showed. Although the economy improved, it still fell short of the 2.3% hoped for
Marathon WTO talks collapse in U.S.-India farm row
• ReutersMarathon talks on a new global trade pact collapsed as the United States and India refused to compromise over a proposal to help poor farmers deal with floods of imports. Ministers from other countries expressed incredulity that the trade liberalizat
U.S. says ready to cut farm aid to $15 billion
• ReutersThe United States has come under pressure to announce a ceiling for its farm subsidies, a key part of the WTO's long-delayed Doha round of negotiations for a global trade deal. [Oh yes, "free trade" means free trade]
Free Trade, Technology, and Pandering
• Reason.tvReason.tv updates Bastiat's "Candlemaker's Petition" for 2008.
Government Is Sued Over Seizure of Liberty Dollars
• New York The SunA dozen people filed suit in U.S. District Court this week demanding the return of all the copper, silver, gold, and platinum coins — more than seven tons of metal in all — that the FBI and Secret Service seized in November during raids.
The Great Oil Scam
• Marti OakleyCHINA is collaborating with CUBA (gasp!!) to drill for oil in OUR Gulf of Mexico.
Chavez threatens to halt oil sales to US
• APPresident Hugo Chavez threatened to cut off oil sales to the US if Exxon Mobil wins court judgments to seize billions of dollars in Venezuelan assets. "If you end up freezing [our assets], we're going to harm you," Chavez said. "Do
More on Internet Gambling Ban and National Security
• by Gene Bromberg (Ultimate Bet)Of course we all know that the United States Trade Representative made a deal with the European Union, Japan and Canada over America's ban on online gaming. What we didn't know were the terms of that deal. What concessions did the U.S. make
Quechan Park Project Reflects Expectations of Government
Howard BlitzOver the years one has heard the cry that if government did not provide the good or service in question, then that good or service would never be made available. That idea has been promulgated so much that it now extends to practically everything th
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