The First 100 days

[Joe Fan]

Tariffs don't increase jobs. ...

I think we agree? The post above to which I think you are referring showed how tariffs have had some effect decreasing manufacturing sector jobs in China

As mentioned a year or two ago, the only thing that really motivates the people who control China is the idea that they might lose power. It's the only way to get their attention.

China should have never been allowed in the WTO. This is a serious impediment on us now.

 

[Joe Fan]

Speaking of China, have you heard the story of Roy Jones of Omaha?
He is or was a 49-year-old employee of Marriott’s customer engagement center.
In Jan 2018, he "liked" a tweet by the "Friends of Tibet" who were publicly acknowledging the Marriott chain for recognizing Tibet.
Jones was not personally aware of the issues between Tibet and China, he was simply acknowledging the Marriott-positive tweet and did not even remember liking the tweet.
China did not like the like. Which is a little odd since Twitter is illegal in China.

".... Not only did Marriott have to apologize, but the Chinese government also suspended online booking services for a full week as a punishment. It also told Marriott to “seriously deal with the people responsible...”​

China effectively had Jones fired. All for that one like. Within a week or less.

China is Marriott's second largest market. Which is example of how they got into the WTO in the first place.
This is the future for everyone if we dont do something to stand up to them.
Marriott Employee Roy Jones Hit ‘Like.’ Then China Got Mad

Marriott Employee Fired For Liking Tweet About Tibet

 

[Horn6721]

Marriott mgm are chits.

 

[Joe Fan]

There is no reason to try and imagine when we already know exactly how Obama would deal with Iran (assuming this is whom you meant)

In fact, he was supposed to have first flown the dollars to the BIS in Switzerland, where they were converted into euros, and then onto Tehran.

 

[Horn6721]

I wonder if Obama gave a thought to what Iran would do with the cash?

 

[Joe Fan]

"Manufacturers Want to Quit China for Vietnam. They’re Finding It Impossible"

Manufacturers Want to Quit China for Vietnam. They’re Finding It Impossible.

 

[Joe Fan]

His video is worth a watch -- will only take seconds of your life

 

[LongestHorn]

 

[Monahorns]

As mentioned a year or two ago, the only thing that really motivates the people who control China is the idea that they might lose power. It's the only way to get their attention.

China should have never been allowed in the WTO. This is a serious impediment on us now.

I agree. Just not sure the best way to influence that from the US. I really don't like tariffs, but am open to anything else that influences US businesses to increase relations with other countries over China.

"We" really have treated China with kid gloves for 35 years.

 

[Monahorns]

Yes. China is a large market and US corporations harm their own citizens for money. It is cowardly and greedy.

Also, Kyle Bass is right. China's "growth" is real but largely exaggerated.

 

[Mr. Deez]

US corporations harm their own citizens for money.

That is true with respect to trade and immigration.

 

[Mr. Deez]

I really don't like tariffs, but am open to anything else that influences US businesses to increase relations with other countries over China

More free trade opportunities would help. Revive TPP or something like it to isolate China from the rest of Asia and the Pacific Rim. If you want to help exports from the US, we should encourage trade with nations that have higher costs (labor and other costs) and regulatory burdens such as the EU and the post-Brexit UK.

 

[Phil Elliott]

I trust DJT to know how to deal with China more than you guys.

 

[Monahorns]

That is true with respect to trade and immigration.

What are you talking about? Trade and immigration build prosperity. Economists have studied the effect of even low wage immigrants on economics and it is a positive relationship. I understand that relationship isn't absolute. Too much immigrant can have bad effects, most especially for native low wage earners.

But trade doesn't. Restricting trade restricts wealth.

 

[Monahorns]

More free trade opportunities would help. Revive TPP or something like it to isolate China from the rest of Asia and the Pacific Rim. If you want to help exports from the US, we should encourage trade with nations that have higher costs (labor and other costs) and regulatory burdens such as the EU and the post-Brexit UK

Totally agree. More trade agreements, the freer the better. I don't have any preference for exports per se, but sure more trade freedom with the EU and UK. I would really like to see the US increase relations with Latin America. There is a huge opportunity and the fact that we share the same time zones is helpful.

Not only would this help economics, it would also help balance immigration. With more opportunities in their own country there won't be the same need to travel to Mexico or the US.

 

[Monahorns]

I trust DJT to know how to deal with China more than you guys.

Trust who you want. I don't claim to have any special information. But I read economists who know way more than Trump about trade. He hasn't demonstrated much understanding of his own.

The only positive outcome of the China tariffs was that they would open up their market for our exports. But they haven't. Until they do Trump is hurting US economics opportunity.

Plus there are many other ways to pressure China over economics and Trump isn't doing anything about it. IP theft, corporate espionage, US corporate censorship on behalf of Chinese government, etc. All things Trump is doing nothing about.

 

[mchammer]

Trust who you want. I don't claim to have any special information. But I read economists who know way more than Trump about trade. He hasn't demonstrated much understanding of his own.

The only positive outcome of the China tariffs was that they would open up their market for our exports. But they haven't. Until they do Trump is hurting US economics opportunity.

Plus there are many other ways to pressure China over economics and Trump isn't doing anything about it. IP theft, corporate espionage, US corporate censorship on behalf of Chinese government, etc. All things Trump is doing nothing about.

The Chinese won’t budge unless you have leverage over them. Their export economy is the part that is most exposed, so tariffs make sense.

 

[OUBubba]

There is no reason to try and imagine when we already know exactly how Obama would deal with Iran (assuming this is whom you meant)

That was a $10 billion claim that they had in The Hague. We settled for like $1.8. It was over jets or some such thing that they paid for but never received.

 

[Horn6721]

Not the same "they"

 

[UTChE96]

There is no reason to try and imagine when we already know exactly how Obama would deal with Iran (assuming this is whom you meant)

Its truly mind-boggling that he did this and that there was so little outrage. An American President enabled the funding of terrorism.

 

[horninchicago]

Its truly mind-boggling that he did this and that there was so little outrage. An American President enabled the funding of terrorism.

Would be mind boggling had it not been Obozo.

 

[Joe Fan]

Its truly mind-boggling that he did this and that there was so little outrage. An American President enabled the funding of terrorism.

Our media is corrupt

 

[Phil Elliott]

But I read economists who agree with me about trade.

FIFY.

 

[Mr. Deez]

What are you talking about? Trade and immigration build prosperity. Economists have studied the effect of even low wage immigrants on economics and it is a positive relationship. I understand that relationship isn't absolute. Too much immigrant can have bad effects, most especially for native low wage earners.

But trade doesn't. Restricting trade restricts wealth.

You do know that I was agreeing with you, right? I simply applied to immigration the same principle you applied to how companies have dealt with China.

 

[Monahorns]

The Chinese won’t budge unless you have leverage over them. Their export economy is the part that is most exposed, so tariffs make sense.

China is a brutal dictatorship. Not sure how sensitive their government is to economic issues. They care, but they are willing to let their people suffer. So now we all get to suffer.

 

[Monahorns]

Deez. I didn't understand what you were saying that's all, so I clarified my position.

 

[OUBubba]

Not the same "they"

Educate me on the different "they's".

 

[Mr. Deez]

Its truly mind-boggling that he did this and that there was so little outrage. An American President enabled the funding of terrorism.

I agree with you, but when has anything a Democrat has ever done sparked outrage from the mainstream media or political class? It pretty much doesn't happen. They've been crapping in their pants nonstop since 2016 over things like a Tweet from Donald Trump, serving McDonald's to college football players, banging a porn star 10 years ago, and falsely bragging about a crowd size. Those are all debatable acts that can legitimately warrant criticism, but that's not the kind of thing you crap your pants over and act like the republic is coming to an end. It's all relatively inconsequential even coming from the President of the United States.

By contrast, Bill Clinton lied under oath twice (in a deposition and before a grand jury) to fraudulently defeat a civil lawsuit. That's a felony. It's the kind of thing that can and does get normal people thrown in the slammer. Was there outrage from the media and political class? Yes - toward the people who discovered the crime and had a problem with it.

 

[Mr. Deez]

That was a $10 billion claim that they had in The Hague. We settled for like $1.8. It was over jets or some such thing that they paid for but never received.

Barry, I've settled claims against the federal government before. Nothing huge - just a few auto accident claims involving postal vehicles and an AAFES truck. When those cases were settled, nobody showed up at my office with a bunch of foreign currency. In fact, I might have called the FBI if that had happened. Instead, a check (in US dollars) showed up in the mail. They could also have done a wire transfer. That's the normal and legal way the government pays claims.

When pallets of cash (especially in a foreign currency) are involved, it's usually because there's a nefarious element to the transaction. (In fact, this particular payment might have been against the law. It's a somewhat complicated discussion involving subrogation principles that are frankly above a Sooner's mental capacity, but there's at least a case against it. It's not as simple as "we owed them money.") You may wonder why your meth dealer in Oklahoma won't take your check or credit card. This is why. It's nothing personal against you. In fact, he's actually protecting you as well as himself, because if he took your check or credit card, you'd both be violating federal financial laws as well as drug laws.

 

[Seattle Husker]

Barry, I've settled claims against the federal government before. Nothing huge - just a few auto accident claims involving postal vehicles and an AAFES truck. When those cases were settled, nobody showed up at my office with a bunch of foreign currency. In fact, I might have called the FBI if that had happened. Instead, a check (in US dollars) showed up in the mail. They could also have done a wire transfer. That's the normal and legal way the government pays claims.

When pallets of cash (especially in a foreign currency) are involved, it's usually because there's a nefarious element to the transaction. (In fact, this particular payment might have been against the law. It's a somewhat complicated discussion involving subrogation principles that are frankly above a Sooner's mental capacity, but there's at least a case against it. It's not as simple as "we owed them money.") You may wonder why your meth dealer in Oklahoma won't take your check or credit card. This is why. It's nothing personal against you. In fact, he's actually protecting you as well as himself, because if he took your check or credit card, you'd both be violating federal financial laws as well as drug laws.

Deez is swimming in $$$ with billion dollar settlements.

One might suspect that this was part of the negotiations. The key fact of the matter is that Iran had purchased fighter jets that the US never delivered due to the overthrow of the Sha.

This hundreds of millions has been sitting in an account since 1979 collecting interest.

By any rational legal argument, the money is Iran's. Obama used it as leverage for weapons inspections which were working per every IAEA and DOE report.

Like the TPP, the right decided to cut off their own nose to spite tlour collective faces for the sole reason that Obama's name was on the agreement. This is the equivalent of the next Democratic POTUS tearing down any newly renovated borders walls simply to spite Trump and his supporters. I certainly hope that next POTUS demonstrates more maturity and wisdom.