"MACK DADDY" <pepsivanilla@[EMAIL PROTECTED]
> wrote in message
news:72d72b57-f44b-4d50-a9a7-252a3f4c9549@[EMAIL PROTECTED]
> On May 8, 10:23 am, "Dionysus" <no surren...@[EMAIL PROTECTED]
> wrote:
>> EDITORIAL FROM IBD
>>
>> HEAD: Igniting Growth
>>
>> Trade: As the U.S. economic hearth flickers, it makes sense to fan it
>> back
>> with the last hardy embers of growth. One is ex****ts, which burn
>> brightest
>> with free- trade treaties. So why is Congress snuffing them out?
>>
>> Last week's preliminary gross domestic product data for the first
quarter
>> showed a pallid 0.6% rise. Housing was a drag, pulling real GDP down
>> 1.2%.
>> Business sales were unimpressive, and consumer spending was weak.
>>
>> But there was one bright spot: ex****ts, which rose 5.5% according to
the
>> Bureau of Economic Analysis, accounting for a third of U.S. economic
>> growth
>> during the quarter.
>>
>> Schwab: Fed up with free-trade foes.
>> Maybe that's why President Bush isn't letting up on urging Congress to
>> pass
>> three pending free-trade agreements, which will strengthen U.S.
ex****ts.
>> It
>> may have hit a wall with House Speaker Nancy Pelosi manipulating House
>> voting rules, but with a potential recession looming, Bush has no
choice
>> but
>> to seek it anyway.
>>
>> "Opening markets is especially im****tant during this time of economic
>> uncertainty," Bush said Wednesday. "Last year, ex****ts accounted for
more
>> than 40% of America's total economic growth. With our economy slowing .
.
>> .
>> we should be doing everything possible to open up new markets for U.S.
>> goods
>> and services."
>>
>> Thus far, his plea has fallen on deaf ears in Congress, which has
refused
>> to
>> ratify U.S. deals with Colombia, Panama and South Korea. Worse, it has
>> halted any new pacts from being negotiated.
>>
>> After all, with Pelosi literally changing the House rules for a treaty
>> vote
>> to "anytime I want," it's unlikely any nation would negotiate a
>> free-trade
>> deal only to see it become a public bargaining chip for Pelosi's
>> ****k-barrel
>> spending schemes.
>>
>> Pelosi has allies in Democratic presidential candidates Barack Obama
and
>> Hillary Clinton. They have collectively become the Three Stooges of Big
>> Labor, which opposes free trade.
>>
>> Pelosi insists that she's putting the American people first. That
>> prompted
>> U.S. Trade Representative Susan Schwab to blast those who "demagogue
and
>> prey on anxieties and fear. We do a disservice to the American people
by
>> pretending that trade is somehow the culprit of our economic problems
and
>> anxieties." We know whom she meant.
>>
>> Again, let's look at what free trade with Colombia would do.
>>
>> . It slashes tariffs from 32% to zero on 72% of U.S. goods right off
the
>> bat. Better still, it levels the playing field for U.S. firms because
>> Colombian goods already enter the U.S. duty-free. In the 17 months that
>> the
>> treaty has awaited passage, U.S. businesses have shelled out $1 billion
>> in
>> tariffs to sell goods in Colombia.
>>
>> . It provides U.S. investors with legal protections and provides for
>> international arbitration if anything goes wrong.
>>
>> . It ends child labor and lessens environmental damage, two extras the
>> Democrats requested and got.
>>
>> Meanwhile, if it's not passed, the U.S. economy gets . . . nothing.
>>
>> "Delaying the vote on the Colombia (pact) does not create one American
>> job,
>> it does not put one more dollar in anyone's pocket, does not save one
>> life,
>> does not help one union to organize, or protect one endangered
species,"
>> Schwab said.
>>
>> It just goes to show that doing nothing on free trade isn't an
>> accomplishment. In fact, it's a wet rag on the U.S. economy that will
>> eventually draw angry retribution from U.S. voters.
>>
>> Bush knows this. Too bad Pelosi doesn't.
>> **********
>> Too bad Crabs doesn't know her arse from a hole in the ground.
>>
>> Dionysus
>
> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
> The word is ASS! And too bad you are one, Surrenderboy!
******
Only to vulgar and unsophisticated arses such as you, Dung Beetle.
Dionysus
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