US 'no longer technology king'
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Dobbs: We're on a 'fast track' to bad trade policy
POSTED: 11:18 a.m. EDT, April 4, 2007
By Lou Dobbs
CNN
Editor's note: Lou Dobbs' commentary appears weekly on CNN.com
NEW YORK (CNN) -- The powerful chairman of the Ways and Means Committee, Rep. Charlie Rangel, and I sat down together last night to talk about, among other things, his new book, "And I Haven't Had a Bad Day Since."
For 36 years, Rangel has served the constituents of Harlem -- what the new Ways and Means chairman calls "the capital of black America." The chairman's new book is a terrific read and tells the fascinating story of his rise from the impoverished streets of New York to the corridors of power on Capitol Hill.
You'll love the book and the story of Rangel's life. And I suspect you'll have the same thought I did when you finally set the book down: How many more Charlie Rangels will be denied their shot at the American dream because Capitol Hill's corridors are now filled with corporate America's lobbyists, who are working to assure that our middle class and those who aspire to it have as little representation as possible? (Watch Lou's interview with Rep. Rangel Video)
Chairman Rangel and other House and Senate leaders face an early test of the Democratic Party's commitment to restoring the vigor of the world's most successful political economy. The test will come in the form of the mind-numbingly dull piece of legislation called Trade Promotion Authority, or "fast track." But there is nothing dull about the impact of the legislation, through which Congress cedes its constitutional authority on trade policymaking to the White House (as cited in Article I, Section 8 of the U.S. Constitution).
Thirty-one years of consecutive trade deficits and the loss -- in just the last six years -- of millions of manufacturing and good-paying middle-class jobs to outsourcing have been the result of what I consider this unconstitutional ceding of power to the executive branch in the form of fast-track authority.
Last week, I testified to the House Foreign Affairs Subcommittee on Terrorism, Nonproliferation and Trade that our failed "free trade" of the past three decades has been the most expensive policy the U.S. government has ever pursued.
I also told the committee: "The pursuit of so-called free trade has resulted in the opening of the world's richest consumer market to foreign competitors without negotiating a reciprocal opening of world markets for U.S. goods and services. That isn't free trade by any definition, whether that of classical economists like Adam Smith and David Ricardo or that of current propaganda ministers who use the almost Orwellian term to promote continuation of the trade policies followed for the last three decades." Extending fast-track authority assures that continuation.
I'm not alone in the view that free-trade-at-all-costs has harmed American workers. Princeton University economist and former Federal Reserve Board vice chairman Alan S. Blinder has joined Nobel laureates Paul Samuelson and Joseph Stiglitz and former Treasury Secretary Lawrence Summers as skeptics of the benefits the faith-based economists in this administration love to tout.
Blinder is now stating loudly that a new industrial revolution will put as many as 40 million American jobs at risk of being shipped out of the country in the next decade or two. Blinder has said, "Economists who insist that 'offshore outsourcing' is just a routine extension of international trade are overlooking how major a transformation it will likely bring -- and how significant the consequences could be. The governments and societies of the developed world must start preparing, and fast."
I hope that Chairman Rangel and the Democratic leaders of both the House and Senate will refuse to renew fast-track authority and demand their constitutional power over trade policymaking and begin representing working men and women in all future trade negotiations.
I'm sure Charlie Rangel would agree with me that every American deserves the right to better days, a promise that is the foundation of our country and the American dream.
http://www.cnn.com/2007/US/04/03/dobbs.april4/index.html
But then Bobbs Or Rangel have no degrees or experience either ?
POSTED: 11:18 a.m. EDT, April 4, 2007
By Lou Dobbs
CNN
Editor's note: Lou Dobbs' commentary appears weekly on CNN.com
NEW YORK (CNN) -- The powerful chairman of the Ways and Means Committee, Rep. Charlie Rangel, and I sat down together last night to talk about, among other things, his new book, "And I Haven't Had a Bad Day Since."
For 36 years, Rangel has served the constituents of Harlem -- what the new Ways and Means chairman calls "the capital of black America." The chairman's new book is a terrific read and tells the fascinating story of his rise from the impoverished streets of New York to the corridors of power on Capitol Hill.
You'll love the book and the story of Rangel's life. And I suspect you'll have the same thought I did when you finally set the book down: How many more Charlie Rangels will be denied their shot at the American dream because Capitol Hill's corridors are now filled with corporate America's lobbyists, who are working to assure that our middle class and those who aspire to it have as little representation as possible? (Watch Lou's interview with Rep. Rangel Video)
Chairman Rangel and other House and Senate leaders face an early test of the Democratic Party's commitment to restoring the vigor of the world's most successful political economy. The test will come in the form of the mind-numbingly dull piece of legislation called Trade Promotion Authority, or "fast track." But there is nothing dull about the impact of the legislation, through which Congress cedes its constitutional authority on trade policymaking to the White House (as cited in Article I, Section 8 of the U.S. Constitution).
Thirty-one years of consecutive trade deficits and the loss -- in just the last six years -- of millions of manufacturing and good-paying middle-class jobs to outsourcing have been the result of what I consider this unconstitutional ceding of power to the executive branch in the form of fast-track authority.
Last week, I testified to the House Foreign Affairs Subcommittee on Terrorism, Nonproliferation and Trade that our failed "free trade" of the past three decades has been the most expensive policy the U.S. government has ever pursued.
I also told the committee: "The pursuit of so-called free trade has resulted in the opening of the world's richest consumer market to foreign competitors without negotiating a reciprocal opening of world markets for U.S. goods and services. That isn't free trade by any definition, whether that of classical economists like Adam Smith and David Ricardo or that of current propaganda ministers who use the almost Orwellian term to promote continuation of the trade policies followed for the last three decades." Extending fast-track authority assures that continuation.
I'm not alone in the view that free-trade-at-all-costs has harmed American workers. Princeton University economist and former Federal Reserve Board vice chairman Alan S. Blinder has joined Nobel laureates Paul Samuelson and Joseph Stiglitz and former Treasury Secretary Lawrence Summers as skeptics of the benefits the faith-based economists in this administration love to tout.
Blinder is now stating loudly that a new industrial revolution will put as many as 40 million American jobs at risk of being shipped out of the country in the next decade or two. Blinder has said, "Economists who insist that 'offshore outsourcing' is just a routine extension of international trade are overlooking how major a transformation it will likely bring -- and how significant the consequences could be. The governments and societies of the developed world must start preparing, and fast."
I hope that Chairman Rangel and the Democratic leaders of both the House and Senate will refuse to renew fast-track authority and demand their constitutional power over trade policymaking and begin representing working men and women in all future trade negotiations.
I'm sure Charlie Rangel would agree with me that every American deserves the right to better days, a promise that is the foundation of our country and the American dream.
http://www.cnn.com/2007/US/04/03/dobbs.april4/index.html
But then Bobbs Or Rangel have no degrees or experience either ?
uscitizen
Villified User
"I'm not alone in the view that free-trade-at-all-costs has harmed American workers. Princeton University economist and former Federal Reserve Board vice chairman Alan S. Blinder has joined Nobel laureates Paul Samuelson and Joseph Stiglitz and former Treasury Secretary Lawrence Summers as skeptics of the benefits the faith-based economists in this administration love to tout."
I just love it
Nose getting sore from being rubbed in it spinner ?
I just love it
Nose getting sore from being rubbed in it spinner ?
"I'm not alone in the view that free-trade-at-all-costs has harmed American workers. Princeton University economist and former Federal Reserve Board vice chairman Alan S. Blinder has joined Nobel laureates Paul Samuelson and Joseph Stiglitz and former Treasury Secretary Lawrence Summers as skeptics of the benefits the faith-based economists in this administration love to tout."
I just love it
Nose getting sore from being rubbed in it spinner ?
Everybody knows they're Gerbers!
Yup, I had the same experience. I was attacked for being against the war in Iraq when we invaded...
My Uncle and brother called me umpatirotic and unamerican, asked me over and over again if I had forgotten about 9-11.... Now they refuse to discuss it.
uscitizen
Villified User
Last post to you and Duhla's circle jerk
keep your head in the sand
the college educated workers are doing very well, you don't even bother to look it up.
Who's buying all these luxury cars, not lower paid service workers
Lets see whom I believe about the effects of the trade defecit and offshoring, Ex treasury secretaries and an assortment of genuine experts or Spin ?
Litmus
Verified User
Last post to you and Duhla's circle jerk
keep your head in the sand
the college educated workers are doing very well, you don't even bother to look it up.
Who's buying all these luxury cars, not lower paid service workers
But now tech jobs, accounting, mangement, everything is being outsourced, or insourced through h1 b's. This globalism is an overt attempt to destroy america. But, it's big supporters are zionists anyway, and care more about israel and their jewish masters anyway. "they would never lead us astray, Their god's chosen".
Last edited:
Last post to you and Duhla's circle jerk
keep your head in the sand
the college educated workers are doing very well, you don't even bother to look it up.
Who's buying all these luxury cars, not lower paid service workers
Darla's circle jerk?
Excuse me, but I masturbate alone. Well, certainly not in a group anyway. I don't even want to know what you do. What a gross male thing to say. Ech.
Duhla's nickname not changed to Hotlah!!!
Another guy thing to say
We kick everyones ass in technology and only an unread dimwitt thinks otherwise.
But Duhla you can entertain us some more if you like with you finger hockey tales
Feeling spunky aren't we? Have you been in the men's room with a well-fingered copy of "Fortune 500" again Top?
LOL
This just goes to show how f'ing depraved you really are top!
I don't know, I never said that there were 6 that were better. Why are you haunting me to prove a claim that I never made, but you did?
Trust me, I'd so rather masturbate.
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The Almighty
"We kick everyones ass in technology and only an unread dimwitt thinks otherwise."
In terms of creation of new technology, I would certainly agree. In terms of implementation of the new technology, I would disagree. Simply for the fact that it is far easier to implement new technology in the Nordic countries (along with other small population industrialized nations). Which is why countries like Finland lead the way in implementation.... they tend to be the test markets.
In terms of creation of new technology, I would certainly agree. In terms of implementation of the new technology, I would disagree. Simply for the fact that it is far easier to implement new technology in the Nordic countries (along with other small population industrialized nations). Which is why countries like Finland lead the way in implementation.... they tend to be the test markets.
Cancel 2016.2
The Almighty
Top... I explained why I mentioned Finland. When it comes to tech, they tend to be the test market for new innovations. By the way... they also have a little company over there called Nokia. Tiny little company... only $100 billion or so market cap. I would put them right up there with your six.
Again, on the whole, no one country can compete with us for new developments within tech or biotech. By the survey went beyond simply looking at development... it also went into implementation into society. It will almost always be easier to do so in the smaller countries. Again, that is why they tend to be the test markets.
Again, on the whole, no one country can compete with us for new developments within tech or biotech. By the survey went beyond simply looking at development... it also went into implementation into society. It will almost always be easier to do so in the smaller countries. Again, that is why they tend to be the test markets.