Category Archives: Trade

Remember those 13 American colonies of Britain? Get ready for 50 American “colonies” under China

50 more stars?

The American Revolutionary War was really all about trade and the exploitation of colonies across the world by the British Empire. Nobody wanted to live under foreign subjugation, and you can’t blame them.

Today, we face a trade war with China that could set us back 214 years to colony status.

The British were the worst in trade with colonies. They even allowed a government-chartered corporation to build an army of 28,000 to rule India, so that nation’s conquered poor would supply cheap raw goods to Britain.

The London mills then turned cotton, for example, into expensive cloth, sold for top dollar. The people in India never shared in the wealth their country generated until freedom in 1947.

Another example of Britain’s avarice was the slave trade. While some 300,000 Africans were shipped to the American South, some 2.6 million were sent by the British to the Caribbean to harvest sugar. By the Civil War the 300,000 in America had grown in population to 3 million, but 2.3 million Caribbean slaves had died off, leaving just 300,000 survivors. Hell Britannia! Continue reading →

How does a 100% tariff only increase the real price of a $10,500 stent or a $600 eyeglass by only $15?

What does President Donald Trump’s tariffs on $50 billion worth of imports from China actually mean, and how will this affect you?

The blather ministers of mainstream media have received their talking points from the same lobbyists who control Congress, and they are using scare tactics on the public.

“A 25% tariff on a product will raise the cost of needed goods by a third, hurting the American consumer,” one son of a billionairess announced.

“We will have shortages of needed goods,” a genius two years out of college lamented.

“There will be a trade war, like the one that caused the Great Depression,’ a fellow with a bad wig grumbled.

The last point first. The Great Depression and crash of the stock market was in 1929. The Hawley–Smoot Tariff act was passed in 1930. The Depression was the result of the greatest economic inequality in our history – until today. The Crash was not caused by tariffs enacted after the fact by the unfettered capitalist administration of GOP president (Herbert Hoover). Continue reading →

CNN, Paul Ryan, Cato, NY Times, Paul Krugman, Heritage – one establishment voice against tariffs

Rich or poor, religious or not, every leader of every Southern state in 1860 opposed tariffs and embraced slavery. In the North, where there was no slavery, everyone favored tariffs to protect both American industry and wage earners from unfair foreign competition.

Today, Paul Ryan, Cato Institute or Heritage Foundation invariably promote cutting Social Security, Medicare, Minimum Wage, in fact they despise anything that helps the middle class. On the other side, CNN, Paul Krugman, WAPO and the New York Times say they oppose cuts to these necessary programs.

So, what’s happening here. Why are the leaders of the far left and far right joined together to fight against America seeking fair trade through fair tariffs? Continue reading →

China winning the real World War against America

gold car

A gold-plated Infiniti luxury sports car on a test drive in Nanjing, east China’s Jiangsu province

During the Vietnam War, my part-time job was correspondent for the United States Information Agency (USIA), and one assignment portended today’s global power alignment.

The assignment was to interview ten ministers from various African nations to gain their impressions of a trip they were concluding in the United States. The article would be translated for their nation’s newspapers after review by Washington officials.

My recollection was a 500-word report to be sent Western Union to USIA headquarters (@ $1 a word). I was paid $30.

The ministers had gathered at  International House, Chestnut St., Philadelphia, and some were dressed American-style and others were in native garb.

I introduced myself as a writer from USIA and then the room filled with shouts.

“You are not USIA! You are CIA…” Continue reading →

President Trump should follow example of the original “Swamp Fox” and never hire alligators!

General Francis Marion, known as “The Swamp Fox,” was a Revolutionary officer in the South Carolina Second Regiment, who also led a band of irregular fighters in the back and low-country swamps of South Carolina, fighting the British troops under Lord Cornwallis. He is generally known as the Father of Guerilla Warfare, and is recognized as such at various U.S. War Colleges.

alligatorWhen politicians talk about “draining the swamp”, it immediately brings Marion’s exploits to mind, recalling his determination to struggle in the swamps for our new country, and never compromising – despite immense odds against his small units fighting a disciplined British establishment army.

If you were planning to fight all out – in the Swamp Fox tradition – for free trade, to end internationalism that puts America last, and to bring back jobs to America lost by globalist treaties, would you hire a member of the Trilateral Commission to “coordinate the Administration’s international economic policy and integrate it with national security and foreign policy?” Continue reading →

There’s little love in Paris this Springtime, as French President uses executive power to crush labor rights

Best of times for very rich; worst for the working class!

France’s President Francois Hollande has learned many lessons on how to offer false promises from America’s President Barack Obama, who campaigned in 2008 with the following plans:

  • convince the working class you stand for better wages and stronger unions
  • say you will reduce  job competition by ending reckless import of foreign labor
  • suggest you will renegotiate current income-lowering trade deals that send factories overseas
  • pledge to cut outsourcing jobs to new trade “partners”
  • offer to increase social benefits for the middle class
  • bring taxes for the very rich back up to fair, historic levels

The day he took office, Obama began breaking promises:

  • The “goal” of passing card check for unions was forgotten.
  • The number of Visas was increased and illegal aliens were not stopped at the border.
  • He began negotiating for even more trade deals, didn’t touch NAFTA, and instead praised it.
  • A loss every month in total manufacturing jobs in America was ignored by the White House
  • Instead of increasing aid for workers, he formed a commission to cut Social Security benefits
  • When Bush tax cuts expired, Obama agreed to lowest tax rates for very rich since FDR.

Continue reading →

USDA wants to import Namibia beef into USA as that African nation fights foot and mouth disease epidemic in cattle herds

Namibia Beef

The Oshakati open market hardly has anyone selling meat. Ndamononghenda Shidinge (right) is one of the few sellers. Foot and mouth disease has meant a drastic shortage of beef.

Namibia has a big problem – foot and mouth disease infecting its cattle herds. Officials are confident they will push back the attack on their beef industry, and have enacted strict controls of movement of animals from one location to another within the country.

On September 1, a local newspaper reported that “the foot and mouth disease broke out in Ohangwena and Oshikoto regions in May and spread to other regions, such as Omusati, Oshana, Kunene and Kavango West.”

Animals can only be moved under strict regulations and permission from the department of veterinary services. This has resulted in farmers failing to sell meat to kapana (grilled beef) sellers at Oshakati, Ondangwa, Ongwediva, Omuthiya, Eenhana, Oshikango, Outapi, Okahao, Onesi, Tsandi and Ruacana.

The suspension of cattle movement has also severely affected traditional gatherings in the North such as weddings, funerals as well as other commemorations and celebrations where cattle, goats or sheep are usually slaughtered.

Many people are now forced to use either fish or chicken, sometimes against tradition.

On the other side of the world we have the USDA, supposed protector of all things agricultural, including beef. These victims of foot in the moth syndrome have a plan for Namibia beef – begin importing it into the USA, and help to put our cattlemen out of Continue reading →

In the moood for U.S. Prime beef, go to Europe!

gauchos-webDo they make the grade coming from Nicaragua or Honduras? U.S. beef has eight grades: Prime, Choice, Select, Standard, Commercial, Utility, Cutter and Canner.

The total U.S. beef consumption last year was 24.1 billion pounds. The total beef production here was 24.3 billion pounds. That sounds about even to me. The amount we produce is the virtually the same as what we consume. End of story?

No! It’s just the sign of yet another example of how “free” trade and meaningless labels can hurt the American consumer.

Before 1950, you could buy Prime, Choice or Good grades of beef at your local grocer or butcher shop.. That year the government decided to combine Choice and Prime into one grade: Prime.  Then Good grade, the lowest usually available then, was elevated to Choice.

Since you can fool most of the people, shoppers eventually were satisfied with their Choice grade meat, not realizing it was low-grade, compared to the Choice from 1927 through 1949. Because of exports, there was suddenly a shortage of Prime beef at supermarkets, Continue reading →

Useless Trade Assistance to be funded by cuts to Medicare

tpp

When Americans lose their job because it goes overseas due to trade deals, the victims can receive Trade Adjustment Assistance, a program that is supposed to help young and old find new jobs. Nice work if you can get it.

Some Democrat lawmakers and virtually all Repubs have praised this billion dollar effort since NAFTA began moving work to Mexico.

In 2008, Kara M. Reynolds of American University conducted a study that clearly showed workers who receive trade assistance did no better than regular laid off workers. Also, her study found that workers laid off  from trade deals like the TPP on average make 30% less at their new jobs.

Continue reading →

China has destroyed our factories and jobs because of its unfair import VAT policy, not just currency manipulation

BL-US-china-tradeAlmost 80% of the Senate (78-20) just voted for a measure that would cite foreign nations for manipulating the value of their currency, although the enforcement of any penalties was not and will not be addressed. But the real purpose of the vote was to give Democrats license to vote for Fast Track authority without seeming to be enemies of the middle class worker and the small businesses of the United States. The illusion will probably stick, as many hail this “bipartisan” action as the way to markedly reduce unfair trade practices – particularly by China.

Even the Washington Post, owned by Amazon’s CEO, explained: “… economists say such ma­nipu­la­tion is no longer prevalent and that the longtime poster child of currency ma­nipu­la­tion — China — has gradually stopped doing it.” So much for reality, when politicians have a chance to curry favor with big multinational benefactors for campaign cash and future lush (two martini lunch, anyone?) private sector jobs.

Continue reading →

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