Comments on: APEC Leaders: No Trade Barriers For 1 Year

Asia-Pacific Countries Pledge Free Trade, Vow To Return To Doha Talks

[wardoglrs]

The truth is that your money is counterfeit and its been counterfeit since 1913 when they created the Federal Reserve.
Google Debt is Money

[jschmidt27]

rightbehind- the point is bloggers complain Bush increased the deficit. Well Obama will do the same. But he will tax the middle and upper classes which will only decrease the number of jobs in the private sector and transfer the need for more to the public sector controlled by unions. It is a losing proposition.

[jschmidt27]

Budgets increase because the government spends. Remember 9/11,the tech bubble, subprime crisis, the war in Iraq, the hurricanes forcing evacuation of 3 states, fires in the west, flood in the midwest- if the Democrats had been in charge they would have done the same thing as Bush- propose budget increases to stimulate the economy and Congress would have approved. So don''t give the garbage that Bush increased the deficit. It would have had to happen under any president. Where do you think the cost for the 2.5 million jobs Obama is promising is coming from- increasing the deficit.

[jschmidt27]

In a news aticle today, Chavez of Venezuela threatened to send troops to areas that might vote against him in the coming election.He has detained members of the opposition. He has taken over industries. That is a dictatorship. Those who accuse Bush of being a dictator have no ideas what they are talking about.

[jschmidt27]

http://www.house.gov/jec/growth/prosper/prosper.htm
The Reagan expansion years marked a period of economic progress for middle class Americans. Middle class income increased 11 percent after adjustment for inflation, while nearly 20 million new jobs were created. The percentage of households in the low income category dropped during the 1980s. This group comprised 27.5 percent of all households in 1980, 28.5 percent in 1982, and only 25.3 percent by 1989. As a share of all households, the proportion of those with low incomes became less prominent by the end of the 1980s. Meanwhile, the percentage of households with incomes over $50,000 jumped from 17.6 percent in 1980 and 1982, to 23.5 percent in 1989. This remarkable increase in the proportion of high income households is another sign of solid income growth. The middle group comprised 55 percent of all households in 1980, 53.8 percent in 1982, and 51.1 percent by 1989. Of the 4 percentage point reduction in the middle class percentage between 1980 and 1989, all of it is accounted for by net upward movement into the high income category.

[jschmidt27]

http://www.cato.org/pub_display.php?pub_id=2705
During Reagan''s eight years in office, Americans eagerly expanded their engagement in the global economy. In 1980, the year before Reagan became president, Americans spent a total of $334 billion on imported goods and services and payments on foreign investment in the United States. By 1988, his last year in office, American spending in the global economy had nearly doubled, to $663 billion. If Reagan was a "protectionist," it had no discernable effect on the ability of Americans to spend freely in the global marketplace.

[missingamerica]

I think the correct word for un-American is "treason"

Posted by rightbehind at 05:22 PM : Nov 22, 2008

Works for me.

But if Congress will not act when the Executive Branch commits a clearly defined act of treason - outing an undercover CIA agent - I hardly expect them to act when the Executive Branch so routinely betrays the American people that they have managed to have treason become perceived as acceptable behavior - if it benefits "Business".

[missingamerica]

Outsourcing is not pretty but is a way to lower costs and allow a company to compete with companies around the world. Limit our companies to not outsource and you will make them non-competitive in the world economy.

Posted by jschmidt27 at 04:15 PM : Nov 22, 2008

Who says we have to play in the world economy?

Why would we want to play, when the corporations and greedy little boneheads like Bush whose entire business expertise is running their companies into the ground see "free trade" solely as a means to get labor cheap enough to offset the ill effects of their own incompetence and greed?

FiretrUCK free trade. Any American policy that does not put the American people FIRST is un-American.

[alanrobisch]

The GOP is worse than al qaida, they are destroying the US from within. They are the most corrupt & greedy bast*rds the world has ever seen.


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Posted by tuckerndfw at 04:42 PM : Nov 22, 2008
+ report abuse
You are one of the worst ideologues I have met anywhere. do you remember that Bill clinton was for global trade as is Barrack Obama. He lied through his teeth to convince people who are against it in the rust belt to vote for him. Hillary is also for it.

[airboatboy1]

Yes APEC, be sure you listen to the village idiot and see what shape his town''s in.

[jerryspoor]

I believe President Reagan was for free trade and he allowed other countries to buy into the United States. We profited from the influx of money and it made us popular. But remember the money was a result of the sale of part of our country.

It is a little like borrowing money from the bank. The extra money in our pockets feels good if we can block, from our mind, the collateral we put up for the loan or sale. Then the next administration comes along to pay it back and they are considered bad.

We want all the things government can supply but we don%u2019t want to pay for it. More schools, more roads, more protection and less taxes.

80% of the 10 trillion dollar debt is private money loaned by other people. It is payable with tax money. 20% of the National Debt is one branch of government owing money to another branch of government.

Our present debt is about $30,000 per person; man, woman and child.

So what many of you are saying is loan me the money and let my children pay it back.

Trade must be regulated or the wealthy become extremely wealthy and the middle class is reduced. The strength of the United States is in our middle class. The word %u201Cfree%u201D in trade only applies to the very wealthy.

[rushlimbaug4]

azure- the free trade established by Reagan resulted in prosperity for many years. The subprime crisis has it roots in a Democratic congress of the 70s caused the credit shortage and the current problems. You all seem to forget the properity we had in the early 2000s after the techbubble and 9/11. We had several years of prosperity, low inflation, low interests rates. But the more you regulate free markets the worse things will get. You stifle development, inventive ness, and the capital to bring products to market.

Posted by jschmidt27 at 04:06 PM : Nov 22, 2008

You have been listening to my show, GOD BLESS YOU!!

You are right, this has nothing to do with Grover Norquists idea that we should shrink government down so that he could drown in it a tub. We need to, we need to get rid of all regulation and let the Market determine our glorious future. We need Robber Barons and the uber wealthy running this dream nation that is free of all regulation and constraints of government!!!

The poor are to blame for a current economic crisis, THEY came up with the idea of Credit Default Swaps and forced our SAINTLY CEOS to us them at gun point!!! THEY threatened our banks with death should they not remove all SANE regulation from loan applications!! THE POOR created the idea of Structured Investment Vehicles and foisted the idea on our WEALTHY CAPTAINS OF INDUSTRY!!!

GOD DDAMN ALL THE POOR OF THIS NATION!!

[alanrobisch]

Set Standards for U.S. manufacturers, that if they do move production overseas they cannot sell the products back to the Consumer in the U,S. . They must only be able to sell their product produced in that country or other foreign nation but NOT in the U.S..



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Posted by demswin08 at 04:26 PM : Nov 22, 2008
+ report abuse
I can''t see this solving any problems. we are in an international economy now and restrictions such as this will simply push companies and money from our shores. We need capital and more jobs that are competitive on the world market not isolation

[alanrobisch]

They made their excuses when that chance came along 40 years ago. Cowards.


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Posted by daveqwerty at 04:24 PM : Nov 22, 2008
+ report abuse

Are you two just stupid. Please note that the Iraqi war is coming to a successful conclusion. I might also remind you that bill clinton was a draft evader and that John kerry hated america and threw away his medals and attacked his fellow soldiers. so much for the merit of democrats

[alanrobisch]

Thanks to free and unfair trade America is but a shadow of her former self.


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Posted by tawpdawg111 at 04:01 PM : Nov 22, 2008
+ report abuse
i''m affraid you are living in the past. any attempt to prevent international trade is a waste. The prevention of international trade by democrats is a sop to labor unions. We must become internationally competitive or eventually we will become irrelevant and our goods won''t be bought by anyone since they will be overpriced. We expect high salaries for ourselves without impacting the cost of goods we make, Ie we want our cake and eat it too. We have been linving on borrowed money to keep up with the jones. High taxes are not the answer but smaller govt and more saving by individuals not unbridled sopending on things we can''t afford as happenned in the recent economic disaster. Loans were made and people borrowed knowing they couldn''t afford to pay the piper. Our greed not lack of govt oversight caused this disaster. Banks made money from making bad loans and people took the loans knowing full well they couldn''t pay for them.

Govt rules did encourage irresponsible loans by insisting money be loaned to people who were poor credit risks. this was done at the behest of dems who pander to the lower class.

[jschmidt27]

azure-if you''re job is subject to outsourcing you better learn a new profession. Outsourcing is not pretty but is a way to lower costs and allow a company to compete with companies around the world. Limit our companies to not outsource and you will make them non-competitive in the world economy. You''ll force them to go out of business. You''ll force the US citizens to pay more for good that are not necessarily good such as Detroit car to a Japanese car. Plus you''ll force foreign companies to pull their manufacturing out of the US putting US workers out of a job. So by all means force the US manufacturers to only buy American. All those goods that get purchased from overseas at a low price will now have to be made in the US at a much higher price if the US actually has the ability to make it. It is progressive ideas like this that are regressive to the economy.

[jsd330]

Sure they want one way free trade, they send us their cheap junk no import tax and we export goods to them and they put a big import tax on our exports,
Just like Japan, Korea, and China. Plus the people in those country''s are to poor to buy our products, they can hardly afford to buy their own. Like Mexico and China.

[jsl45]

George Bush, the Herbert Hoover of the 21st Century....what a disaster.

[presjfk]

The Bush-Republican idea of free trade is to allow everything to freely come into the USA with minimal import taxes, regardless of what the imports may do to our economy, while allowing our companies to pick up and move out to other countries with a tax break to boot; all of which fits nicely with the most idiotic trade agreements that screw the USA and benefit our trade partners - some of which should not be partners because they hate us or at least our ideals.

George Bush can take his free trade and shove it up his ***. The way free trade is working for the USA is not free trade at all!

[jschmidt27]

azure- the free trade established by Reagan resulted in prosperity for many years. The subprime crisis has it roots in a Democratic congress of the 70s caused the credit shortage and the current problems. You all seem to forget the properity we had in the early 2000s after the techbubble and 9/11. We had several years of prosperity, low inflation, low interests rates. But the more you regulate free markets the worse things will get. You stifle development, inventive ness, and the capital to bring products to market.