Congress discussing Tariffs
http://www.reuters.com/article/2011/10/04/us-usa-china-currency-idUSTRE7911TD20111004
The entire House of Represented (One 3rd of the Senate) and the President are all up for Reelection in one year. Unemployment is over 9% with no hope of improving.
Congress approval rating is sitting at a whopping 12%. http://www.newser.com/story/128728/congress-approval-rating-lowest-ever.html
Everyone is pissed off so what is their solution…..TARIFFS!!!! What a novel idea…. Where have we heard that idea before? The “experts” all say it won’t work until they are about to get drop kicked out of office. Then everyone starts agreeing with me. How nice!!!!!!
On Monday, the Senate voted to open debate on a bill that calls for U.S. tariffs on imports from countries with deliberately undervalued currencies, prompting an angry rebuke from China. (Why would China care since they insist they don’t cheat.)
Senators voted 79-19 on Monday to open a week of Senate debate on the Currency Exchange Rate Oversight Reform Act of 2011, which would allow the U.S. government to slap countervailing duties on products from countries found to be subsidizing their exports by undervaluing their currencies.
If they passed this bill 25 years ago we wouldn’t be in the ditch we are currently in.
China's central bank and the ministries of commerce and foreign affairs accused Washington of "politicizing" currency issues and putting the global economy at risk of a trade war.
GOOD!!!!!! Trade War is perfect. Let’s do it. No more imports from China. Period! Turn all the ships away at the dock. If Americans want a product currently made in China it MUST now be made in the USA.
Everyone enjoy the prosperity. The Deficit will soon be gone. Social Security will be saved. Medicare will be saved. There will be jobs of all kind for anyone who wants them. America is back! Your welcome!
Unfortunately this is all political shenanigans and will never ever see the light of day. Shame!
The entire House of Represented (One 3rd of the Senate) and the President are all up for Reelection in one year. Unemployment is over 9% with no hope of improving.
Congress approval rating is sitting at a whopping 12%. http://www.newser.com/story/128728/congress-approval-rating-lowest-ever.html
Everyone is pissed off so what is their solution…..TARIFFS!!!! What a novel idea…. Where have we heard that idea before? The “experts” all say it won’t work until they are about to get drop kicked out of office. Then everyone starts agreeing with me. How nice!!!!!!
On Monday, the Senate voted to open debate on a bill that calls for U.S. tariffs on imports from countries with deliberately undervalued currencies, prompting an angry rebuke from China. (Why would China care since they insist they don’t cheat.)
Senators voted 79-19 on Monday to open a week of Senate debate on the Currency Exchange Rate Oversight Reform Act of 2011, which would allow the U.S. government to slap countervailing duties on products from countries found to be subsidizing their exports by undervaluing their currencies.
If they passed this bill 25 years ago we wouldn’t be in the ditch we are currently in.
China's central bank and the ministries of commerce and foreign affairs accused Washington of "politicizing" currency issues and putting the global economy at risk of a trade war.
GOOD!!!!!! Trade War is perfect. Let’s do it. No more imports from China. Period! Turn all the ships away at the dock. If Americans want a product currently made in China it MUST now be made in the USA.
Everyone enjoy the prosperity. The Deficit will soon be gone. Social Security will be saved. Medicare will be saved. There will be jobs of all kind for anyone who wants them. America is back! Your welcome!
Unfortunately this is all political shenanigans and will never ever see the light of day. Shame!
posted by res17 at
October 06, 2011
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home