Author Topic: Secretary Wilbur Ross: U.S. Eyeing Billions of Uncollected Dollars in China...  (Read 1854 times)

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Offline J P Sousa

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http://www.foxbusiness.com/features/2017/03/08/commerce-secretary-wilbur-ross-u-s-eyeing-billions-uncollected-dollars-in-china.html

Quote
  “Historically, believe it or not, there are billions of dollars in countervailing duties that went uncollected for a whole variety of reasons, all of which we are trying to deal with.” 

So every body wants to know where Trump will get money to spend ?

Looks like he found a pile of foreign i-o-u's.  :-)
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Offline HAPPY2BME

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Quote
ZTE, China’s second-largest maker of telecom equipment, has agreed to pay a record $1.2 billion fine for breaking U.S. sanctions. Ross noted other dishonored trade agreements and World Trade Organization rule violations would also be addressed by his department.

“We are going to be very harsh on enforcement,” he said.

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There are many reasons this money was not collected, but government corruption within the US government is likely the main one.

You can't just overlook billions of dollars in lost tax revenue and not have tens, if not hundred of government employees being PAID to hide and/or not collect it. 

Offline Articulate Ape

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The US government, like most others on Earth has become corrupt to the core. It will require a purge over time. We absolutely must root out all corruption, most of which is on the Democratic side, if we are to survive as The United States of America.
Insanity: Doing the same thing over and over again and expecting different results. ~ Albert Einstein

Offline Eupher

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The US government, like most others on Earth has become corrupt to the core. It will require a purge over time. We absolutely must root out all corruption, most of which is on the Democratic side, if we are to survive as The United States of America.

It isn't a question of political party or even of political bent. It's a question of power -- those who aspire toward politics or aspects of politics eventually encounter the benefits of that profession, which has grown by leaps and bounds. One of those central benefits is power, and as we all know, those who seek power do so because they are addicted to it.

The rest of us know how evil that kind of power is, and shun it.

But there is evil in our society and much of it is drawn toward those who have power and the money that goes along with it.

It's part of the human condition and it's exactly why all civilizations have failed at one point or another.

We simply keep ****ing it up.
« Last Edit: March 11, 2017, 02:52:43 PM by Eupher »
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