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Author Topic: ChiComs School Obama on Free Market  (Read 1972 times)

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Offline SSG Snuggle Bunny

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ChiComs School Obama on Free Market
« on: February 15, 2009, 07:22:53 PM »


Quote
BEIJING — Measures in a $789 billion U.S. stimulus package that favor American goods are a "poison" that will hurt efforts solve the financial crisis, an editorial by China's official news agency said.

Provisions in the U.S. stimulus bill approved Friday favoring American steel, iron and manufactured goods for government projects are protectionist measures that could trigger trade disputes, said the editorial issued late Saturday by the Xinhua News Agency.

"History and economics have told us, facing a global financial crisis, trade protectionism is not a solution, but a poison to the solution," the editorial said.
http://seattletimes.nwsource.com/html/nationworld/2008746731_apaschinausstimulus.html

I don't know whether to laugh or cry.
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Offline franksolich

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Re: ChiComs School Obama on Free Market
« Reply #1 on: February 15, 2009, 07:24:50 PM »
Quote from: Mr Snuggle Bunny on February 15, 2009, 07:22:53 PM
I don't know whether to laugh or cry.

I knew something like this was coming, but of course didn't know its exact shape.

0bama to the left of Mao Tse-tung; who would've thought it?
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Offline docstew

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Re: ChiComs School Obama on Free Market
« Reply #2 on: February 15, 2009, 08:57:34 PM »
Is it really a good idea to piss off the country that holds most of our foriegn debt?
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Offline rich_t

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Re: ChiComs School Obama on Free Market
« Reply #3 on: February 15, 2009, 09:15:11 PM »
Quote from: docstew on February 15, 2009, 08:57:34 PM
Is it really a good idea to piss off the country that holds most of our foriegn debt?

I was thinking that same thing.
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Offline Karin

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Re: ChiComs School Obama on Free Market
« Reply #4 on: February 16, 2009, 09:24:11 AM »
I know, and they're going to be needing them more than ever.  It's impossible to tell, did this make it into the bill?  I know that O was rethinking it after getting slapped for it.  The most grownup thing for him to do is just veto it, tell everyone to take 4 weeks to read carefully, and re-tool it.  Something so huge and sloppily put together is only disaster waiting to happen.  Why can't he see that? 
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Offline thundley4

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Re: ChiComs School Obama on Free Market
« Reply #5 on: February 16, 2009, 09:34:39 AM »
This would be a near perfect time for a line item veto, but we know the 0Bamessiah wouldn't use it.
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Offline docstew

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Re: ChiComs School Obama on Free Market
« Reply #6 on: February 16, 2009, 04:49:07 PM »
Quote from: Karin on February 16, 2009, 09:24:11 AM
I know, and they're going to be needing them more than ever.  It's impossible to tell, did this make it into the bill?  I know that O was rethinking it after getting slapped for it.  The most grownup thing for him to do is just veto it, tell everyone to take 4 weeks to read carefully, and re-tool it.  Something so huge and sloppily put together is only disaster waiting to happen.  Why can't he see that? 

Two problems:

Teh One can't afford to admit he's capable of mistakes.

He has pushed the "speed" meme so hard, he's painted himself into a corner.
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