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In response to:

Unions and Key Dems. Blocking Trade

JMN Wrote: Jul 12, 2014 10:53 AM
AS I said below, instead of passing anymore new trade agreements or expanding the old ones I believe the U.S. ought to consider a more conservative national economic strategy first, in the spirit of patriotism. We are a nation with a massive unemployment problem and over 40 million citizens are on food stamps and there is no evidence that the TPP, or TTIP, will help. Furthermore, we ought to be very skeptical when the House GOP leadership, and corporate lobbyists are so perversely keen to deliver vast new Fast Track power to the Democratic president. Sorry but no more liberal free trade agreements Mr Williams. JMN
In response to:

Unions and Key Dems. Blocking Trade

JMN Wrote: Jul 12, 2014 10:49 AM
Hello gentlemen, I leave U.S. tax laws, and excessive regulations, which are being gamed by those paid lobbyists of the big corporate monopolies and oligopolies for you fella's to deal with, so be my guest. I also leave what's left of the unionized private sector U.S. workforce (approximately 9%) for you boys to have fun with too although I can't help but notice that Germany, a great exporting powerhouse, has a unionized private sector workforce of more than 23%. And their export sector is expanding! I prefer instead to point out that those very "liberal" free trade agreements like NAFTA and the Korean FTA, etc, are highly flawed and contrary to "libertarian" propaganda, those agreements they love so much are contributing to the massive America's decline in industry and R&D. Even worse, the evidence is mounting that the loss of 1/3 America's industrial base and related R&D is finally effecting national security. Here is a brief summary of one of the available studies. In 2012, a study released by the Science and Technology Council describes major gaps in U.S. military industrial capabilities. The study, "A National Strategic Plan for Advanced Manufacturing," lists a "sampling" of important defense technologies the U.S. is vulnerable to losing, including aircraft landing gear, large rotor disks for turbines, rocket engine parts, missile launch systems, unmanned aerial and ground vehicles, nuclear power components, fuselages, orbital vehicles, network routing and switching, optical data transport, advanced power electronics, composites and transmission conductors. The U.S. military is now completely dependent on foreign production for every phone, laptop and computer that it buys. Elite libertarians/globalists appear to be very comfortable giving away, selling off, or off-shoring hard earned U.S. industries and advanced technology products and R&D to anyone including America's potential enemies like China for profit. With the loss of over 1/3 of America's industrial base, and millions of manufacturing jobs, and almost $10 trillion dollars in trade deficits since the year 2000, its fair to ask if further trade liberalization of NAFTA, and the Korean FTA, or passing the proposed TPP is in the best interest of the American people. It is not!
In response to:

Unions and Key Dems. Blocking Trade

JMN Wrote: Jul 11, 2014 12:23 PM
Sorry folks, I accidently clicked finish. What I meant to finish with was that the NAFTA picture was not pretty picture either. The trade deficit with Canada and Mexico has grown nearly seven-fold since 1993. Instead of passing anymore new trade agreements or expanding the old ones I believe the U.S. ought to consider a more conservative national economic strategy first, in the spirit of patriotism. We are a nation with a massive unemployment problem and over 40 million citizens are on food stamps and there is no evidence that the TPP, or TTIP, will help. Furthermore, we ought to be very skeptical when the House GOP leadership, and corporate lobbyists are so perversely keen to deliver vast new Fast Track power to the Democratic president. Sorry but no more liberal free trade agreements Mr Williams. JMN
In response to:

Unions and Key Dems. Blocking Trade

JMN Wrote: Jul 11, 2014 12:02 PM
Mr. Williams should not be promoting another liberal free trade agreement that will drive up the trade deficit and off-shore more US jobs and technologies. Furthermore, Mr Williams and the GOP, and corporate lobbyistsWhile the GOP is perversely keen to deliver this vast new power to the Democratic president Consider the following historical facts. Between 2000 and 2010 the US shutdown or offshored over 50,000 factories (about 1/3 of America's industrial base) Between 2000 and 2010 the US lost over 6 million manufacturing jobs (about 670,000 were in advanced manufacturing). Between 2000 and 2010 the US lost $6.1 trillion dollars in trade deficits, and it's looking like this decade will not be doing much better. Everyone ought to checkout the U.S. trade data for 2013 and then ask why TPP, etc, is good for the U.S.. Example, as of this May, 20 out of 21 months since the Korea FTA took effect, the U.S. goods exports to Korea have fallen below the average monthly level in the year before the deal. The average monthly exports to Korea since the FTA are 12 percent lower than the pre-FTA monthly average, while monthly imports from Korea are up 3 percent. The monthly trade deficit with Korea has ballooned 49 percent compared to the pre-FTA level. These losses amount to thousands of American jobs being lost. Instead America should consider Washington's demo and the repo leadership and the President ought to look at the failed liberal trade agreement that
I love hearing libertarians talk about patriotism. So how about a little economic patriotism? Consider the following. -From 2000 to 2010, the USA shutdown or off-shored over 50,000 manufacturing facilities (roughly 1/3 her industrial base). -From 2000 to 2010, the USA lost over $6.1 trillion dollars in trade deficits. (and this decades trade numbers indicate that this decade will still be similar or worse) -From 2000 to 2010, the USA lost over 6 million manufacturing jobs (687,000 of them were in advanced manufacturing). -From 2000 to 2010, over 12,000 American companies were bought up by foreigners. -As of 2012, 1.8 million U.S.-born individuals with engineering degrees are either unemployed, out of the labor market, or not working as engineers. As of this week the new unemployment number are in at 6.1%. Anyone notice lately that for every full-time job that's becomes available in America there are three unemployed Americans, and that currently over 41 million Americans are on food stamps? There's more. In 2012, a study released by the Science and Technology Council describes major gaps in U.S. military industrial capabilities. The study, "A National Strategic Plan for Advanced Manufacturing," lists a "sampling" of important defense technologies the U.S. is vulnerable to losing, including aircraft landing gear, large rotor disks for turbines, rocket engine parts, missile launch systems, unmanned aerial and ground vehicles, nuclear power components, fuselages, orbital vehicles, network routing and switching, optical data transport, advanced power electronics, composites and transmission conductors. The U.S. military is now completely dependent on foreign production for every phone, laptop and computer that it buys. My libertarian friends are ok with all this including all the advanced dual use technologies and R&D being sent to our potential adversary China. Listening to America's military men talk about this and you hear that they are concerned by rise China's military power in the pacific so why are libertarians concerned by this? In my observation, libertarian free market thinking and anti-government rhetoric is over-riding national security on some frightening levels. I think that some of them need to reel in their ideology, hubris, and greed and take a more realistic and more conservative stand on trade and technology transfers. Then let em take about the proper meaning of patriotism. Best regards, JMN
Some folks understand that trade and "free trade" are not the same thing. Those who know the difference know that there are scarier things than conservative protectionism. The libertarian/globalist mentality on free trade is even scarier. The US should seek strategic, not unconditional integration with the rest of the world economy. Economic openness is valuable up to a point. The founding fathers knew that and wrote our constitution to reflect it. George Washington and Alexander Hamilton and others rejected Adam Smith's concept of free trade and chose a more conservative and patriotic path. It came to be known as The American System. Fairly open trade, most of the time is justified. Absolute free trade, 100 percent of the time, is an extremist position and is not. It is not a conservative, but a libertarian and globalist policy. The TPP will hurt America. JMN
Paul237 is right. The TPP is another liberal free trade policy that is going to harm America. Just look at America's recent liberal free trade track record. Between 2000 and 2010, the US shutdown or offshored over 50,000 factories which represented about 1/3 of the American industrial base. Between 2000 and 2010, the US lost about 6 million manufacturing jobs. (10% of them were in advanced manufacturing) Between 2000 and 2010, the US lost -$6.1 trillion dollars in trade deficits. Since 2010, the US has consistently lost more than -$500 billion dollars, per year, in trade deficits so the bleeding continues. All this is effecting US national security. In 2012, a study released by the Science and Technology Council describes major gaps in U.S. military industrial capabilities. The study, "A National Strategic Plan for Advanced Manufacturing," lists a "sampling" of important defense technologies the U.S. is vulnerable to losing, including aircraft landing gear, large rotor disks for turbines, rocket engine parts, missile launch systems, unmanned aerial and ground vehicles, nuclear power components, fuselages, orbital vehicles, network routing and switching, optical data transport, advanced power electronics, composites and transmission conductors. Most disturbing was that the report stated that the U.S. military is now completely dependent on foreign production for every phone, laptop and computer that it buys. And on, and on, and on. Before we pass the TPP or any other liberal trade treaty I think it would be wise time for all of us to examine US economic and trade history and the more conservative "American System" that the founding fathers gave us. These more recent, liberal and globalist trade policies are a disaster. Best regards to all. JMN
A couple of the most obvious things that John Hawkins forgot to mention that has the founding fathers turning over and over in their graves is " Low Tariffs" and the opening up of the American domestic market. For one thing the founding fathers were never liberal free traders, they were economic patriots. When George Washington became president the second bill he signed was the "The Tariff Act of 1789", (signed on July 4th, 1789). Among the Tariff Acts purposes was " the encouragement and protection of manufacturers." The Tariff Act contained ad valorem duties/tariffs, ranging from 5 to 15 percent. On December 5, 1791, America's first Secretary of the US Treasury, Alexander Hamilton, presented the US Congress with the "Report on Manufactures". Hamilton's "Report on Manufactures presented an economic blueprint that included a national bank, bounties/subsidies to industry, regulation of trade, and Moderate Tariffs. The Report spelled out that the US needed these policies for encouraging the growth of manufacturing and secure its future as a permanent feature of the economic system of the nation. It is interesting to note that Hamilton's Report on Manufacturers, has gone on in "economic history" to be known as the "American School", or "the American Way", or "the American System" and by today's standards it was a truly conservative system that helped make America into an economic superpower. By comparison, Alexander Hamilton would not be pleased with todays tariffs averaging from 1 to 3 percent. I think he would be angry to observe that from 2000 to 2010, the US lost -$6.1 trillion dollars in trade deficits. In 2012 alone the US trade deficit ballooned to -$600 billion dollars. Since 2007 the US has lost 60 thousand factories and over six million industrial jobs and hundreds of billions of dollars in potential revenue. In closing, yeah I'd say that Hawkins forgot to mention a few things that would make the founding fathers roll around in their graves. Low tariffs and opening up America's markets, and the lack of American economic patriotism would be some of them. Regards, JMN
In response to:

Make Trade, Not War

JMN Wrote: Sep 18, 2013 6:00 PM
Hello freedomist, I like the way you say, ... neoconservative interventionism is actually liberalism packaged and sold as conservatism. I have a question for you, do you consider libertarians to be be real conservatives? JMN
In response to:

The 'Large Purpose' of Romney-Ryan

JMN Wrote: Aug 31, 2012 9:51 AM
I agree with Jim3912 that this is a very good analysis. I've read most of Buchanan's work and I wonder why he never brought up tarrifs? Buchanan has written tons about trade and he certainly knows that the estimates are that the U.S.could be bringing in up to $280 billion a year or more in tarrifs. Not to mention that many U.S. companies would have to consider coming back to America to do business. JMN. When the numbers are in later this year the 2012 US trade deficit will be another $600 bilion dollars disaster this
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