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BAR[_2_] BAR[_2_] is offline
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First recorded activity by BoatBanter: Jun 2008
Posts: 5,868
Default Here we go...TRADE WAR!!!

Tom Francis - SWSports wrote:
On Sun, 13 Sep 2009 20:07:56 -0400, Gene
wrote:

On Sun, 13 Sep 2009 19:56:04 -0400, Tom Francis - SWSports
wrote:

President Obama just keeps looking smarter and smarter every day.

http://www.ft.com/cms/s/0/f67c6fe6-a...44feabdc0.html

"The decision to impose extra tyre tariffs followed a petition by the
United Steelworkers union, which represents workers at many US tyre
factories. Official figures show an increase in imports from 14.6m in
2004 to 46m in 2008."

Figures.

Tom.... political crap aside... we've always been on the same
wavelength regarding redundancy......I really don't think I'd find you
tooling down I-95 in China's "best rubber." What is the opposite of
redundancy?


Actually, I do have Chinese rubber on the Town Car. :)

I understand your point, but isn't the main point of captalism
competition? Work smarter, not harder? How many of these unions jobs
could be done by machine for example? Instead of a trade war which
does nothing other than harm consumers in a number of ways, how about
developing better, faster and efficienct tire factories to compete
with the Chinese not only in volume, but in quality and price?

It seems that the Chinese are ahead of us almost in every area - we're
messing around with "health care" and "cap and trade" when what we
should be doing is spending that bizillion dollars on improving and
rebuilding our industrial base.

I heard something on CNBC the other day about "green jobs" that I
don't think has received enough attention by our leaders and media.
China has locked up supplies of three of the five rare elements used
in making rare earth magnets, batteries and other components of
batteries, electronics and emission chemistries. Literally locked them
up tighter than Midas's wallet. In other words, we will have to go to
the Chinese to build our more efficient cars, generators, etc.

Here's the kicker. We have these elements and rare earths in huge
quantities right here in the US. The kicker is that they are in
environmentally sensitive areas and we all know how that will work out
once somebody wants to start mining.

Why aren't we developing our own sources of oil, gas, minerals, etc.,
etc., etc? Think of the jobs available for that kind of work.

Instead we're screwing around with social engineering and trying to
screw ourselves with restrictive legislation based on dubious science
while the "third world" countries laugh all the way to the bank.


Amen.