The US Senate should strip a "Buy American" clause from President Barack Obama's economic stimulus plan, the chamber's top Republican said Monday amid anger at the restriction from US allies.
"I don't think we ought to use a measure that is supposed to be timely, temporary, and targeted to set off trade wars when the entire world is experiencing a downturn in the economy," said Senator Mitch McConnell.
[...]
The House of Representatives last week voted to require that public works projects funded by its 819-billion-dollar stimulus bill to use only US iron and steel. The Senate version extends that restriction to all manufactured goods.
President Barack Obama said on Tuesday he did not want to send a protectionist message on world trade and would look at altering "Buy American" language in an economic stimulus bill coming out of Congress.
"I think it would be a mistake ... at a time when worldwide trade is declining for us to start sending a message that somehow we're just looking after ourselves and not concerned with world trade," Obama said on the Fox television network.
His comments came as the U.S. Senate was debating a nearly $900 billion economic stimulus plan that allows only U.S.-made iron, steel and manufactured goods to be used in public works projects funded by the bill.
Quote by BobR:
This is awful. It makes me wonder what kind of healthcare system they have in Japan...
Quote by wickedpam:
Morning :hug:
I don't get it, why is it every other country in the world can focus on buying products made in their own country to help their economy but when we do it's selfish and protectionist..... *sigh* (sorry just a bit cranky)
Quote by Random:Quote by wickedpam:
Morning :hug:
I don't get it, why is it every other country in the world can focus on buying products made in their own country to help their economy but when we do it's selfish and protectionist..... *sigh* (sorry just a bit cranky)
To be fair, that's exactly how the other countries are being described too. or at least the way i see it.
Quote by Raine:I am thinking we can strike some kind of balance here.Quote by Random:Quote by wickedpam:
Morning :hug:
I don't get it, why is it every other country in the world can focus on buying products made in their own country to help their economy but when we do it's selfish and protectionist..... *sigh* (sorry just a bit cranky)
To be fair, that's exactly how the other countries are being described too. or at least the way i see it.
What is wrong with putting US steeworkers... you know -- BACK TO WORK?
Quote by wickedpam:Quote by Raine:
A $500,000 Salary Cap for CEO's? I like it!
seems fair to me
Quote by Raine:
*sigh*
My feeling of dislike for the republicans is growing deeper and deeper.
Quote by Raine:
*sigh*
My feeling of dislike for the republicans is growing deeper and deeper.
Quote by Scoopster:Quote by Raine:
*sigh*
My feeling of dislike for the republicans is growing deeper and deeper.
Darlin', I don't blame you.. Look what I found today.
Quote by Scoopster:Quote by Raine:
*sigh*
My feeling of dislike for the republicans is growing deeper and deeper.
Darlin', I don't blame you.. Look what I found today.
Quote by wickedpam:Quote by Raine:I am thinking we can strike some kind of balance here.Quote by Random:Quote by wickedpam:
Morning :hug:
I don't get it, why is it every other country in the world can focus on buying products made in their own country to help their economy but when we do it's selfish and protectionist..... *sigh* (sorry just a bit cranky)
To be fair, that's exactly how the other countries are being described too. or at least the way i see it.
What is wrong with putting US steeworkers... you know -- BACK TO WORK?
I would think it would be more cost effective for us to make the steel here instead of purchase it elsewhere and pay for importing it
Quote by livingonli:Quote by Scoopster:Quote by Raine:
*sigh*
My feeling of dislike for the republicans is growing deeper and deeper.
Darlin', I don't blame you.. Look what I found today.
I think this guy is part of the Nassau GOP machine. I saw campaign ads for him near where I work back in the fall.
Quote by Raine:
A $500,000 Salary Cap for CEO's? I like it!
Quote by Raine:
So aside from Howard Dean... who do y'all think for HHS? (becuase I really don't think Howard Dean is going to be the pick)
I am thinking I would like to see Bill Bradley ... He is for Single payor and he still has a lot of contacts in congress.
Quote by Scoopster:
Major shenanigans going on behind the scenes at Bank of America
There's a whole lotta whistleblower action going on in this diary, especially in Updates 2 & 3.
Quote by Scoopster:
MULDOON!! Mondo you're awesome..
Quote by Mondobubba:Quote by Raine:
A $500,000 Salary Cap for CEO's? I like it!
I love, LOVE this quote:
“That is pretty draconian — $500,000 is not a lot of money, particularly if there is no bonus,” said James F. Reda, founder and managing director of James F. Reda & Associates, a compensation consulting firm. “And you know these companies that are in trouble are not going to pay much of an annual dividend.”
Hey asshat, 500k is ten time the median household income! Another fricking clueless muldoon!
Quote by Scoopster:
Senator Coburn is a sneaky fucking scumbag..
Quote by Scoopster:
*SHUDDER*
Quote by Raine:Quote by Scoopster:
*SHUDDER*
NO. Absofuckinglutely NOT.
Who the hell is floating that out there anyway?
Quote by Raine:Quote by Scoopster:
*SHUDDER*
NO. Absofuckinglutely NOT.
Who the hell is floating that out there anyway?
Quote by Scoopster:Quote by Raine:Quote by Scoopster:
*SHUDDER*
NO. Absofuckinglutely NOT.
Who the hell is floating that out there anyway?
Look like some twit over at Time Magazine.. No idea why anyone in their right mind would agree to put that goon in charge of this country's healthcare.
Shit, why don't they just go all the way and suggest Bill Frist.
Quote by starling310:
WHY DO PEOPLE FEEL THE NEED TO YELL WHEN THEY CALL A RADIO SHOW?
Quote by starling310:
WHY DO PEOPLE FEEL THE NEED TO YELL WHEN THEY CALL A RADIO SHOW?
Quote by livingonli:Quote by starling310:
WHY DO PEOPLE FEEL THE NEED TO YELL WHEN THEY CALL A RADIO SHOW?
WHAT? I CAN'T HEAR YOU!!! AM I ON??
Quote by starling310:
WHY DO PEOPLE FEEL THE NEED TO YELL WHEN THEY CALL A RADIO SHOW?
Quote by Raine:
Breaking from the AP: Interior Secretary Ken Salazar scraps sale of oil-and-gas leases in wild areas of Utah.
:party:
Interior Secretary Ken Salazar is canceling oil and gas leases on 77 parcels of federal land in Utah, according to sources familiar with the decision, ending a fierce battle over whether to allow energy exploration in the environmentally sensitive area.
The Bush administration conducted the lease sale in December, but environmental groups went to court to block the winning bids encompassing roughly 110,000 acres near pristine areas such as Nine Mile Canyon, Arches National Park and Dinosaur National Monument.
Quote by TriSec:
Quote by Mondobubba:
The Pac-10 is safe from neo-con influence.
Quote by Raine:Quote by Mondobubba:
The Pac-10 is safe from neo-con influence.
For Now.
She still wants the Commish spot. Rice at NFL. *ush at MLB.
Give it 5 years... the Neo Cons will take over professional sports.
Quote by Raine:Quote by Mondobubba:
The Pac-10 is safe from neo-con influence.
For Now.
She still wants the Commish spot. Rice at NFL. *ush at MLB.
Give it 5 years... the Neo Cons will take over professional sports.
Quote by livingonli:Quote by Raine:Quote by Mondobubba:
The Pac-10 is safe from neo-con influence.
For Now.
She still wants the Commish spot. Rice at NFL. *ush at MLB.
Give it 5 years... the Neo Cons will take over professional sports.
If that happens then I won't be watching either sport. Oh, well, there's always Hockey.
Quote by Random:
Quote by Random: