Romney says on day one, he will impose a "new tax"

[MeBelle]

OK, people!

Who's who here?


Obama administration hits Chinese wind energy tower exports with new tariffs
The Commerce Department made a preliminary decision Wednesday to impose new tariffs on imports of wind energy towers from China, the latest volley in an escalating trade war between the two superpowers over expanding green technology markets.
The move by Commerce also reflects a show of strength by the Obama administration against China at a time when presumptive GOP presidential nominee Mitt Romney has criticized the administration for going soft.
Obama administration hits Chinese wind energy tower exports with new tariffs - The Hill's E2-Wire


The Republican also talked about his foreign policy philosophy, which includes more trade agreements and a tougher stance with China.
"It is good for us to be able to trade with other nations. It creates jobs here," Mr. Romney said.
China and European Union nations the past 3.5 years have negotiated 44 trade agreements with other countries while President Obama has negotiated zero, he said.
Mr. Romney said he wants China to "be on the same page as us" regarding trade and claimed that the country has a propensity for stealing intellectual property, counterfeiting U.S goods, stealing technology, and copying trademarks -- all of which cost American jobs.
"On Day One, I will label China a currency-manipulator and that will allow me to apply [tariffs] where they steal our intellectual property," Mr. Romney said
Romney vows policies to cut deficit, aid jobs - Toledo Blade



Mexico Getting Set To Impose High Tariffs On U.S. Chicken Legs - Seeking Alpha

 

[Political Junky]

OK, people!

Who's who here?


Obama administration hits Chinese wind energy tower exports with new tariffs
The Commerce Department made a preliminary decision Wednesday to impose new tariffs on imports of wind energy towers from China, the latest volley in an escalating trade war between the two superpowers over expanding green technology markets.
The move by Commerce also reflects a show of strength by the Obama administration against China at a time when presumptive GOP presidential nominee Mitt Romney has criticized the administration for going soft.
Obama administration hits Chinese wind energy tower exports with new tariffs - The Hill's E2-Wire


The Republican also talked about his foreign policy philosophy, which includes more trade agreements and a tougher stance with China.
"It is good for us to be able to trade with other nations. It creates jobs here," Mr. Romney said.
China and European Union nations the past 3.5 years have negotiated 44 trade agreements with other countries while President Obama has negotiated zero, he said.
Mr. Romney said he wants China to "be on the same page as us" regarding trade and claimed that the country has a propensity for stealing intellectual property, counterfeiting U.S goods, stealing technology, and copying trademarks -- all of which cost American jobs.
"On Day One, I will label China a currency-manipulator and that will allow me to apply [tariffs] where they steal our intellectual property," Mr. Romney said
Romney vows policies to cut deficit, aid jobs - Toledo Blade



Mexico Getting Set To Impose High Tariffs On U.S. Chicken Legs - Seeking Alpha

It's the cons who vow not to raise taxes, and Willard went right for it.
I recommend increasing revenue, but I'm not a republican.

 

[Stephanie]

Will Cons forgive that faux pas?

They don't care he gets money from the "abortion" pill zillionaire, Phil Frost.

They don't care he dresses in police drag.

They don't care if he assaults someone (in fact, they think that's "funny")

They don't care if he has dinner in a causal atmosphere sitting under paintings by Adolph Hitler.

They don't even care he takes us back to Bush Economic policies.

Or that he belongs to what Liberty University teaches is a "cult".

He's white. That's all they care about.

oh dear gawd here we go with the, he's white shit.

 

[Claudette]

Will Cons forgive that faux pas?

They don't care he gets money from the "abortion" pill zillionaire, Phil Frost.

They don't care he dresses in police drag.

They don't care if he assaults someone (in fact, they think that's "funny")

They don't care if he has dinner in a causal atmosphere sitting under paintings by Adolph Hitler.

They don't even care he takes us back to Bush Economic policies.

Or that he belongs to what Liberty University teaches is a "cult".

He's white. That's all they care about.

oh dear gawd here we go with the, he's white shit.

Come on Steph.

According to Deany anyone who doesn't agree with Barry or his polices is a racist.

Loads of racist out there by God.

 

[The Rabbi]

Trade Tariffs used to work just fine in America. What f*cked things up were Free Trade (Not Fair Trade) Agreements and the Income Tax paid directly to the IRS.

Now if he said Tariffs would REPLACE other taxes I'd listen, but he didn't say that.

Yeah Smoot Hawley was a real economic booster.
But you obviously failed econ a long time ago.

 

[The Rabbi]

He's been saying this for a while now, along with his promise to lower taxes even more for his one percenter cronies.

What's so damn funny about this Norquist/Rove tool is that his cronies made their money from foreign trade, just as mitt did.

Mitt is lying or, more likely, mistaken. He wouldn't be raising taxes on foreign companies or foreign banks any more than he would invest in the United States.

He would do whatever will bring more money to his bud's and less money to the working class. He has no way of knowing exactly what he'll do until Norquist/Rove tell him. I suspect they would be more than willing to let him have his bloated military AND the war he says he wants.

Whenever you're ready to call into question Obama giving money to companies like Solyndra, companies that contributed heavily and bundeled money for his campaign, I will take you seriously on this post. Until then you're just another hack.

You mean like Karl Rove, the Koch brothers, and that casino dude?

Got news for you idiot, they're all contributing to Romney via super PAC's.

Or.....................do you not consider PAC money to be bundled?

I wasnt aware that Karl Rove received government loans.

Fail, greasegun boy.

 

[Toro]

Since Romney is such a flip flopper, I expect him to ignore this one.

But pandering can still be a good way to get votes in a swing state.

 

[The Rabbi]

Since Romney is such a flip flopper, I expect him to ignore this one.

But pandering can still be a good way to get votes in a swing state.

How many candidates say exactly what they will do and then follow through on all of it?
None.

 

[Toro]

Since Romney is such a flip flopper, I expect him to ignore this one.

But pandering can still be a good way to get votes in a swing state.

How many candidates say exactly what they will do and then follow through on all of it?
None.

I'm hoping this is the case here.

But it's good to know, because if he's intending to follow through, it'll be easy money shorting the stock market.

 

[MeBelle]

OK, people!

Who's who here?


Obama administration hits Chinese wind energy tower exports with new tariffs
The Commerce Department made a preliminary decision Wednesday to impose new tariffs on imports of wind energy towers from China, the latest volley in an escalating trade war between the two superpowers over expanding green technology markets.
The move by Commerce also reflects a show of strength by the Obama administration against China at a time when presumptive GOP presidential nominee Mitt Romney has criticized the administration for going soft.
Obama administration hits Chinese wind energy tower exports with new tariffs - The Hill's E2-Wire


The Republican also talked about his foreign policy philosophy, which includes more trade agreements and a tougher stance with China.
"It is good for us to be able to trade with other nations. It creates jobs here," Mr. Romney said.
China and European Union nations the past 3.5 years have negotiated 44 trade agreements with other countries while President Obama has negotiated zero, he said.
Mr. Romney said he wants China to "be on the same page as us" regarding trade and claimed that the country has a propensity for stealing intellectual property, counterfeiting U.S goods, stealing technology, and copying trademarks -- all of which cost American jobs.
"On Day One, I will label China a currency-manipulator and that will allow me to apply [tariffs] where they steal our intellectual property," Mr. Romney said
Romney vows policies to cut deficit, aid jobs - Toledo Blade



Mexico Getting Set To Impose High Tariffs On U.S. Chicken Legs - Seeking Alpha

It's the cons who vow not to raise taxes, and Willard went right for it.
I recommend increasing revenue, but I'm not a republican.

I thought cons 'vow' not to raise taxes on Americans.

Seems as though both Obama and Romney want 'something' from China.

 

[California Girl]

Rdean... the king of drivel.

 

[Political Junky]

OK, people!

Who's who here?


Obama administration hits Chinese wind energy tower exports with new tariffs
The Commerce Department made a preliminary decision Wednesday to impose new tariffs on imports of wind energy towers from China, the latest volley in an escalating trade war between the two superpowers over expanding green technology markets.
The move by Commerce also reflects a show of strength by the Obama administration against China at a time when presumptive GOP presidential nominee Mitt Romney has criticized the administration for going soft.
Obama administration hits Chinese wind energy tower exports with new tariffs - The Hill's E2-Wire


The Republican also talked about his foreign policy philosophy, which includes more trade agreements and a tougher stance with China.
"It is good for us to be able to trade with other nations. It creates jobs here," Mr. Romney said.
China and European Union nations the past 3.5 years have negotiated 44 trade agreements with other countries while President Obama has negotiated zero, he said.
Mr. Romney said he wants China to "be on the same page as us" regarding trade and claimed that the country has a propensity for stealing intellectual property, counterfeiting U.S goods, stealing technology, and copying trademarks -- all of which cost American jobs.
"On Day One, I will label China a currency-manipulator and that will allow me to apply [tariffs] where they steal our intellectual property," Mr. Romney said
Romney vows policies to cut deficit, aid jobs - Toledo Blade



Mexico Getting Set To Impose High Tariffs On U.S. Chicken Legs - Seeking Alpha

It's the cons who vow not to raise taxes, and Willard went right for it.
I recommend increasing revenue, but I'm not a republican.

I thought cons 'vow' not to raise taxes on Americans.

Seems as though both Obama and Romney want 'something' from China.

The tariff will raise the cost to the American shopper.

 

[JoeNormal]

Not only that..he wants to start a trade war with China.

That's not the only idiotic thing he said today..but it was the beginning.

He gave a long rambling speech filled with lies and half truths that almost made me think he was on medication.

He really needs to write stuff down.

He does. On an Etch-a-sketch.

 

[BDBoop]

[ame=http://www.youtube.com/watch?v=ovNU4mXwtrc]Stephanie Cutter: Mitt Romney Blatantly Distorting the President's Record - YouTube[/ame]

 

[California Girl]

It's the cons who vow not to raise taxes, and Willard went right for it.
I recommend increasing revenue, but I'm not a republican.

I thought cons 'vow' not to raise taxes on Americans.

Seems as though both Obama and Romney want 'something' from China.

The tariff will raise the cost to the American shopper.

Works for me. Buy American.

 

[theHawk]

impose new trade tariffs on China, (hello, tariffs are taxes, Mitt will be taxing the American people)

Still, the Standard & Poor’s 100 Index of the biggest U.S. companies rose 5.5 percent in 2012 through yesterday, beating a version of the S&P 500 that strips out weightings for market value by the most since 1999. Earnings for the 100-company measure are projected to reach a record high this year, according to analyst estimates compiled by Bloomberg.
The S&P 500 Index (SPX) has risen 4.6 percent so far this year.

Obama Duels With Romney Over Economic Ideology in Ohio - Bloomberg

Look at that. Corporations are doing fantastic. Mitt thinks we need more help for corporations and less police, firefighters and teachers.

Duh! What does that tell you?

Its hilarious how you libs always claim Bush gave away our country to China. Yet we didn't see Dems punish companies that go to China. Now Romney steps up and says he will put tariffs on China, which would help American manufacturing.

 

[theHawk]

It's the cons who vow not to raise taxes, and Willard went right for it.
I recommend increasing revenue, but I'm not a republican.

I thought cons 'vow' not to raise taxes on Americans.

Seems as though both Obama and Romney want 'something' from China.

The tariff will raise the cost to the American shopper.

Thats what has killed American based businesses and manufacturing, the use of Chinese slave labor. American companies have to abide by strict enviornmental and labor laws, while the Chinese don't. When we buy from China, we are essentially paying them to shit on the environment and paying them to exploit slave labor. It is not fair for American based manufacturing to have to compete with that.

 

[Big Fitz]

A little Freudian slip by the radical left that a president has the power to "impose a new tax". Left over wishful thinking I suppose.

Uhh, that was Mitt, not Obama. Nice try.

Hairnet, you missed it. Even if it WAS Obama, only congress can vote to tax. So Romney can propose all he wants. If congress says no.... it don't happen.

Now let's consider the salient point here.

He desires a tarriff on Chinese goods. On the surface, yes, it's a tax on the American people and generally speaking it's a bad thing. The question remains is what will that tax do?

Increase costs on us for products from China. This will:
--a: make prices higher on American Consumers.
--b: Defend against artificially low priced Chinese goods ravaging American manufacturing, decreasing jobs.
--c: Potentially cause a dangerous threat to our borrowing that right now makes it possible for us to survive.
--d: Accelerate the need for dramatic, drastic government spending cuts and service reduction.

What you're ignoring, of course, is that we're locked in an economic war with China. They're artificially pegged their currency beneath the Dollar so it will always be cheaper to buy Chinese. You're ignoring all the tariffs and embargos against American goods in China (Japan's notorious for this) too. Then consider the fact that they refuse to improve human rights abuses, slave and child labor conditions artificially lowering prices to levels that are illegal in the US. Lastly, they are beating up their environment far faster and harder than the US had since the late 1800's.

So... if CONGRESS passed a new trade tariff set against China proposed by Romney, it's a very dangerous road to take short term. Long term, it might be a good thing IF and only if they started using it as a basis to gain back some economic defense against 'developing nations' who abuse their environment and population for economic advantage.

It is not the duty of the US to raise the standard of living of other nations at the expense of its own.

 

[Big Fitz]

It's the cons who vow not to raise taxes, and Willard went right for it.
I recommend increasing revenue, but I'm not a republican.

I thought cons 'vow' not to raise taxes on Americans.

Seems as though both Obama and Romney want 'something' from China.

The tariff will raise the cost to the American shopper.

Yes, and 're-shore' American wealth to American manufactuers as suddenly they become competative AND increase employment to companies not engaged in slave labor and rampant environmental destruction (in comparison to China).

It's a trade off. Who do you want to enrich? A foreign power or your neighbor?

 

[The Rabbi]

It's the cons who vow not to raise taxes, and Willard went right for it.
I recommend increasing revenue, but I'm not a republican.

I thought cons 'vow' not to raise taxes on Americans.

Seems as though both Obama and Romney want 'something' from China.

The tariff will raise the cost to the American shopper.

When have Democrats given a shit about that? What do you think cap n trade is all about? It's all about raising energy costs to European levels in the name of conservation.