Trade

Tariffs, Afghanistan and Republicans

Reading time – 3:45; Viewing time – 5:00  .  .  .

Frequent reader, insightful commenter and friend John Calia directed me to a blog by John Mauldin discussing the issue of tariffs and trade wars. Mauldin is comprehensive and clear in his work and I urge you to link through and read his offering.

I was at one time an undergraduate econ major and I recall clearly a lecture by my professor, Dr. George Thatcher at Miami University. He talked about tariffs in great detail and showed how counter-productive they are. He was far too much the gentleman to use the word “idiotic” to describe them, but that word comes to mind as I conjure his clarity of description. He convinced me then of the certain backfire of tariffs and I have seen nothing in the intervening decades to change my mind.

Mauldin is spot on, especially as he invokes the obvious, now called “game theory,” in which other countries will not sit idle as we attempt to stack the deck in favor of the U.S. Other countries will adjust and act in their own best interests. Tariffs will backfire and hurt us greatly.

The Trump administration is focused on two – and only two – objectives. The first and most important is that everything is entirely about Trump getting continuous applause and accolades in his reality-TV-show administration. Declaring us victims of unfair trade deals and promising protective tariffs stokes his “base” and delivers a thundering applause line that feeds his narcissism. And there is a complete absence of people who actually know something about tariffs. What those experts say doesn’t trigger applause, so they’re of no use to Trump.

The second objective is driven by Stephen Bannon, who proudly proclaims that he wants to bring the establishment crashing down. If destroying the established order in its entirety is what is most important to Bannon and, by extension, is important to Trump, tariffs will be a huge aid in the effort. The result will not be pretty for the rest of us, but Bannon will be smiling and thumping his chest and congratulating Trump on how brilliant he is. I’m not sure, though, that even the America Firsters will be thumping their chests when we see hundreds of thousands of jobs disappear and former international friends being not at all friendly to us.

For now, pity General Kelly, who has taken a job where internecine warfare in the White House is the norm. Sadly, I think the likelihood of his success at establishing order and, in the present context, preventing worldwide disorder by means of tariffs, is next to nonexistent. Kelly and the nation deserve better.
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And another thing  .  .  .
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Our war in Afghanistan began with President George W. Bush declaring that we were going after the al Qaeda bad guys who attacked us on 9/11, this following his pulling our CIA people out of Tora Bora and allowing Osama bin Laden to escape. One would think, then, that once al Qaeda had been essentially eliminated that we’d bring our troops home. That didn’t happen.
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Instead, the mission morphed to ensuring that future al Qaeda bad guys wouldn’t have safe haven in Afghanistan. Did you ever see a statement defining that? What would a “no safe haven” Afghanistan look like to our troops slogging through the Afghan desert and mountains? How would we know that we had achieved that goal?
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Then the mission morphed again, this time to fighting the Taliban. I don’t recall the stated goal, nor a justification for warring against them. Note that the Taliban was composed of Afghans – they were religious fundamentalists waging a civil war in that most uncivil country. Why were we involved in that?
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Then the mission changed again to supporting the Afghan military, this with no specifically stated end goal other than, “until they can stand on their own,” something that has never happened in recorded history. How will we know when that has happened?
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The goal posts keep getting moved and this is by far the longest war in American history, continued now through three American presidencies. Somebody please tell me why we are making war in Afghanistan and how we’ll know we’ve accomplished our goals so that we can bring our people home.
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And finally  .  .  .
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Sen. Jeff Flake (R-AZ) published a stunning article in Politico entitled My Party Is In Denial About Donald Trump. It is a call to courage and action and I urge you to read it, keeping in mind that this was penned by a Republican from a very red state,

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Ed. note: There is much in America that needs fixing and we are on a path to continually fail to make things better. It is my goal to make a difference – perhaps to be a catalyst for things to get better. That is the reason for these posts. To accomplish the goal requires reaching many thousands of people and a robust dialogue.

YOUR ACTION STEPS: Offer your comments below and pass this along to three people, encouraging them to subscribe and engage.  Thanks!  JA

Copyright 2017 by Jack Altschuler
Reproduction and sharing are encouraged, providing proper attribution is given.

Extreme Agreement

Don't turn this over to corporate lawyers

Don’t turn this over to corporate lawyers

Reading time – 61 take-action seconds  .  .  .

It’s almost midnight on the Doomsday Clock to sell out our children  .  .  .

There are lots of reasons that people who have seen the ugly fine print of the Trans Pacific Partnership (TTP) and the Transatlantic Trade and Investment Partnership (TTIP) don’t like them. Here is a short list:

  1. Millions more American jobs will be sent overseas, just as happened with NAFTA.
  2. American wages and benefits will be cut, our standard of living will continue to fall and tens of thousands more Americans will be dumped into poverty.
  3. The environment will be irreparably harmed by inadequate or nonexistent regulation in third world countries.
  4. These deals will help big business and will harm American small businesses where 80% of Americans work.
  5. The Fast Track provision gives this president and every president too much power.

That’s why Americans overwhelmingly oppose these deals. Truly, though, as important as all of those are, they pale in comparison to this:

Adopting these trade deals will relinquish American sovereignty to a panel of three corporate lawyer/lobbyists.

Yes, really. Don’t take my word for it. Have a look at the examination of this issue by James Surowiecki in The New Yorker magazine. Perhaps you think this is just a lefty issue, so have a look a what a slew of righties have to say about this. And I can’t believe that I’m offering a link to what Phyllis Schlaffly has to say, but here it is. They all dislike these deals and for the same reason.

Okay, the righties also hate them just because President Obama is in favor of them. But they don’t like the idea of relinquishing American sovereignty any more than you do. So, even the extremes agree. Still, there’s all that big corporate money twisting the arms of legislators to approve these deals.

So the issue is getting our legislators to wake up and do what they were sent to Washington to do – represent you and me. And they will be voting again on Fast Track. That’s why you must

CONTACT YOUR SENATORS TODAY

Do it here:           http://www.senate.gov/

Just enter your state in the top right corner of the web page, then click GO. Then click the Contact line for each of your senators.

In Illinois, call:

Sen. Dick Durbin   (202) 224-2152
Sen. Mark Kirk      (202) 224-2854

Tell them or copy/past into your email:

I am a constituent and I want you to vote NO on all votes related to the Trans Pacific Partnership and the Transatlantic Trade and Investment Partnership, including Fast Track. Defeat these bad deals for Americans.

Email or call now. And forward this blog to your righty and lefty buddies so that they take action, too.

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Ed. note: There is much in America that needs fixing and we are on a path to continually fail to make things better. It is my goal to make a difference – perhaps to be a catalyst for things to get better. That is the reason for these posts. To accomplish the goal requires reaching many thousands of people and a robust dialogue.

ACTION STEP: Please offer your comments below and pass this along to three people, encouraging them to subscribe.  Thanks!  JA

Copyright 2017 by Jack Altschuler
Reproduction and sharing are encouraged, providing proper attribution is given.

Watch This

TPP-Fast-Track-Congress-400x209Reading Time – 27 seconds  .  .  .

The call to action last week was to defeat the fast track bill, which would  have eliminated congressional oversight from a major trade deal. In case you are a President Obama supporter and think that he should have had free reign on such matters, think for just a moment how you would feel if that same power were vested in President George W. Bush. Bad idea.

This TPP issue isn’t over, though, because while fast track has been removed from consideration, it can be reintroduced and more arm twisting of legislators can be done. Even more to the point, though, is the Trans Pacific Partnership treaty itself. It represents a horrid abdication of American sovereignty and a turnover of trade power to lobbyists from big international corporations. Is that really what you want to see happen?

This bill is just one more iteration of big money influencing our politics and corrupting our democracy all for the benefit of – guess who? – the big money people. It is called plutocracy or corporatocracy – rule by the corporations. That means this is no longer a democracy – rule by the people – and you lose.

You can roll over and play dead so that your children will become chattel for the corporations or you can stand up to this abuse. There is no middle ground. You are either fighting for the America you believe in or you are ceding America to the rich.

Watch this space for a call to action as we get closer to voting on TPP. Then take a stand. Meanwhile, watch this.

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Ed. note: There is much in America that needs fixing and we are on a path to continually fail to make things better. It is my goal to make a difference – perhaps to be a catalyst for things to get better. That is the reason for these posts. To accomplish the goal requires reaching many thousands of people and a robust dialogue.

ACTION STEP: Please offer your comments below and pass this along to three people, encouraging them to subscribe.  Thanks!  JA

Copyright 2017 by Jack Altschuler
Reproduction and sharing are encouraged, providing proper attribution is given.

EXTRA! EXTRA! READ ALL ABOUT IT! (while you still can)

The Trans Pacific Partnership (“TPP”) has a name that sounds all friendly and cozy.  Shockingly, it is exactly that – friendly and cozy, but only to the huge money power brokers.  It is not nearly as friendly and cozy to you.  In fact, you’re about to get knifed in the back.

Here is a link to a website with information about what it could mean.  The appearance of this site is a bit bombastic, but the facts are there and you won’t like any of them.

TPP is an international trade agreement that is nearing completion of negotiations.  It blatantly circumvents our Constitutional checks and balances and even our sovereignty.  It will affect food safety, job off-shoring, financial regulation and more.  And, as bad as that sounds, it isn’t the worst.

The worst is that this is being negotiated in secret.  Not even our Congress knows what is going on.  And the “worse” story gets even worse from there.

Our Congress is being asked to “Fast-Track” the TPP when it is up for a vote.  What that means is that our Congress, the folks who are supposed to scratch chins and deliberate before taking action, will be asked to approve the TPP WITHOUT EVEN READING IT!

If you think your representative and senators ought to have the details first, as well as the time to consider and debate the merits of such a potentially cataclysmic piece of legislation before voting on it, then you better take action to defeat Fast-Track RIGHT NOW.  Here is how you do it.

If you are a social network user, please join the “Stop Fast Track Now Thunderclap” immediately.
If you can make a phone call to your member of Congress, click here.
If you prefer to send an email, use this letter as a starting point and contact your Representative via this link.

  • Does this sound hyperbolic?  Well, that’s exactly how you’ll feel when your job gets shipped away, the banksters get away with more fraud and phony foreclosures, and we’ve locked ourselves into an agreement where we need the approval of 17 other countries in order to protect you and the rest of our citizens.
  • Take action now.
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    Ed. note:  There is much in America that needs fixing and we are on a path to continually fail to make things better.  It is my goal to make a difference – perhaps to be a catalyst for things to get better.  That is the reason for these posts.  To accomplish the goal requires reaching many thousands of people and a robust dialogue.  Please help by passing this along and encouraging others to do the same.  Thanks.  JA

Copyright 2017 by Jack Altschuler
Reproduction and sharing are encouraged, providing proper attribution is given.

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