Passing a bill that makes sense? - GoFuckYourself.com

Vendzilla · 10-07-2011, 11:48 AM

http://www.washingtonpost.com/politi...NQL_story.html

Of course Obama has reservations about it

A measure designed to punish China for undervaluing its currency cleared a key procedural hurdle in the Senate on Thursday morning as a bipartisan majority embraced the populist effort intended to boost the country?s trading position with Beijing.

The measure?s progress came despite concerns from President Obama that it could result in retaliatory sanctions against U.S. companies. A final vote is scheduled for Tuesday.

Harmon · 10-07-2011, 11:59 AM

Barry-xlovecam · 10-07-2011, 12:12 PM

Why be a member in the WTO ...

Quote:

The Tariff Act of 1930, otherwise known as the Smoot?Hawley Tariff (P.L. 71-361)[1] was an act, sponsored by United States Senator Reed Smoot and Representative Willis C. Hawley, and signed into law on June 17, 1930, that raised U.S. tariffs on over 20,000 imported goods to record levels.[2]

The overall level tariffs under the Tariff were the second-highest in U.S. history, exceeded by a small margin only by the Tariff of 1828[3] and the ensuing retaliatory tariffs by U.S. trading partners reduced American exports and imports by more than half.

Oh wait, the alternatives are not so great ...

We live on cheap goods produced in China.
WalMart (the 18 largest economy in the world) would have bare shelves.
No, they would just buy from some other source in Asia and the wheel keeps turning ...

cherrylula · 10-07-2011, 12:15 PM

I've seen a lot of things that say "Made in Vietnam" lately.

Vendzilla · 10-07-2011, 12:19 PM

I buy more from costco these days. Walmart will have to raise it's prices a little

10-07-2011, 11:48 AM	#1
Vendzilla Biker Gnome Industry Role: Join Date: Mar 2004 Location: cell#324 Posts: 23,200	Passing a bill that makes sense? http://www.washingtonpost.com/politi...NQL_story.html Of course Obama has reservations about it A measure designed to punish China for undervaluing its currency cleared a key procedural hurdle in the Senate on Thursday morning as a bipartisan majority embraced the populist effort intended to boost the country?s trading position with Beijing. The measure?s progress came despite concerns from President Obama that it could result in retaliatory sanctions against U.S. companies. A final vote is scheduled for Tuesday. __________________ Webair died? Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants think about that

10-07-2011, 11:59 AM	#2
Harmon ( ͡ʘ╭͜ʖ╮͡ʘ) Industry Role: Join Date: Mar 2004 Posts: 20,005	__________________ [email protected]

10-07-2011, 12:19 PM	#5
Vendzilla Biker Gnome Industry Role: Join Date: Mar 2004 Location: cell#324 Posts: 23,200	I buy more from costco these days. Walmart will have to raise it's prices a little __________________ Webair died? Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants think about that

10-07-2011, 12:15 PM	#4
cherrylula lol Industry Role: Join Date: Jan 2002 Posts: 15,969	I've seen a lot of things that say "Made in Vietnam" lately.