Wednesday, September 29, 2010


(READER CATCHES MISTAKE:  The headline should read 74 Republicans not 99.  Sorry - it was not a type out - I just misread the number)

“The House has approved legislation that would allow the U.S. to seek trade sanctions against China and other nations for manipulating their currency to gain trade advantages.

The 348-79 vote Wednesday sends the measure to the Senate, where its prospects are unclear. Senate supporters hope to get a vote on a similar proposal after Congress returns following the November congressional elections.”

"The available evidence is that the price of many of these Chinese goods will go up 10 percent, a pair of shoes that a mother needs for her child to go to school ... toys at Christmas, all become more expensive," said Rep. Jeb Hensarling (R-TX).”

I have not bought Chinese for years - we do not need cheap shoes out of China.  I do my best to look for Central American or Mexican labels when I buy my clothes.  If you want to do something meaningful to help with illegal immigration from Mexico and Central America - buy their products and not those made in China. 

BFD if the cost of Chinese products go up - it will bring jobs to Americans which will mean they can return to spending money.  It will also bring more jobs to Mexico and the US Mexican border. 

These 99 Republicans voted as corporatists not conservatives.  They voted with the Chinese communists to deny American jobs.  Does anyone believe they were voting to help the poor?


Anonymous said...

BWC, your slipping......That is a Montoya/McHale type headline.(Couldn't resist)Just out of curiosity, if the 99 Republicans voted as corporatists with communist allegiance then how would you characterize the 249 Democrats that voted in lock step with them? Stick to the local bullshit and your Friday reviews. You do a fantastic job with those topics. Long-cycle economic theory and floating currency manipulations are obviously not your forte.

Joachin deStreatz said...

The party that supports a free economy, without government interference, is the Libertarian Party. There is a choice in November.

Anonymous said...

It's 79 in your post. It's 99 in the headline which is now 79? It's giving me a headache, so which is it?

BobbyWC said...

74 republicans and 5 democrats voted to protect China - for a total of 79

Anonymous said...

Thanks for clearing that up. So it was bipartisan stupidity?

BobbyWC said...

if 74 Republicans and 5 democrats voting for the communist chinese is bipar then so be it.

Will someone check to see how Ortiz voted - i am curious to know if he is one of the 5 who voted for the chinese

Bobby WC

BobbyWC said...

I checked - Ortiz voted AGAINST - the Chinese - was part of the super majority to punish teh Chinese