Congress wants tough stance with China over trade

Sep 16, 2010 | Posted by: roboblogger | Full story: The Plain Dealer

Congress is pressuring the Obama administration to take a tougher stand with China over trade practices that they say have cost Americans millions of jobs.

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“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

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#2
Sep 16, 2010
 

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Congress better be nice to China, since they basically own our country. Hope they don't decide to cash in all the Treasury bonds they bought.

Since: Sep 10

United States

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#3
Sep 16, 2010
 

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Odd, last time I checked the facts-American businesses jumped ship here to make more profits over seas. America is going yo get "tough" on trade with China?! Hahahaha!!! Thata funny. This butthole president has made this country so spineless and weak but he and his smelly cabinet of crooks and loons are going to act strong against a country that is one day going to dethrone this country as the #1 economy, not to mention the billions we borrowed (such as president Osama's Flopulis bill) from them and Japan?!

Jeez, Mr. Osama, please fire yourself because I wish I could.

Loser......
Globalist Cabal

Aledo, IL

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#5
Sep 16, 2010
 
I agree with most of post #3. It is not China that has caused America jobs, it is this Globalist Business Cabal that runs Congress and most of the other world governments. Congress needs to re-asssert itself into the governance of the Country and make it unprofitable for the globalist cabal to circumvent policies which enhances the life and welfare of The Nation and enriches their bottom lines. What profits a Nation That gains The World, but loses its National Identity and Its Soul!
Revolt

Huntington, NY

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#6
Sep 16, 2010
 
This is too funny. The criminals in DC are trying to close the barn doors after the horses ran away. It's all over for Uhmerikwa. We need to break it up into ethnically oriented areas and hang the traitors who caused us so much misery.
www.secessionnews.com
Bob Burns

Kunming, China

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#7
Sep 16, 2010
 
Absurd populist attempt to blame anyone except themselves for their failure
true

United States

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#8
Sep 17, 2010
 
ask yourselfs this, is there not one congressman that is not living large and in million dollar homes? what do they care

Since: Dec 08

Medina, TX

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#10
Sep 17, 2010
 
WeTheSheeple wrote:
Congress better be nice to China, since they basically own our country. Hope they don't decide to cash in all the Treasury bonds they bought.
I wonder what would happen if China did decide to cash in? What is the collateral behind these bonds?
Suppose, if the bonds were worthless because of inflation or something, the Chinese start taking public lands such as Yellowstone National Park. They then decide that they need a lot of lumber and chop down all the trees. I know this is probably absurd or is it?
Tom

Seattle, WA

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#11
Sep 17, 2010
 
sailorman2 wrote:
<quoted text>I wonder what would happen if China did decide to cash in? What is the collateral behind these bonds?
Suppose, if the bonds were worthless because of inflation or something, the Chinese start taking public lands such as Yellowstone National Park. They then decide that they need a lot of lumber and chop down all the trees. I know this is probably absurd or is it?
Its already law. China owns our land. It was passed without voter approval. It was the only way China would lend us money. Gee thanks congress.

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

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#12
Sep 17, 2010
 
sailorman2 wrote:
<quoted text>I wonder what would happen if China did decide to cash in? What is the collateral behind these bonds?
Suppose, if the bonds were worthless because of inflation or something, the Chinese start taking public lands such as Yellowstone National Park. They then decide that they need a lot of lumber and chop down all the trees. I know this is probably absurd or is it?
I really don't expect China to try to cash it all in, since the U.S. is their biggest customer. If they bankrupt our nation, they've got no one to buy their products.

“Did U plug the damn hole yet?”

Since: Jan 08

Mckinney, TX

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#13
Sep 17, 2010
 
sailorman2 wrote:
<quoted text>I wonder what would happen if China did decide to cash in?
The conventional wisdom seems to be that Obama would crank up the printing presses and pay the debt with inflated currency.

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

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#14
Sep 17, 2010
 
Mac-7 wrote:
<quoted text>
The conventional wisdom seems to be that Obama would crank up the printing presses and pay the debt with inflated currency.
Just like Shrub & Bush & Reagan did before him......

“Did U plug the damn hole yet?”

Since: Jan 08

Mckinney, TX

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#15
Sep 17, 2010
 
WeTheSheeple wrote:
<quoted text>

Just like Shrub & Bush & Reagan did before him......
Not really.

Inflation has held pretty low since Reagan was president.

If Obama tries to monetize the debt you'll know it by the runaway inflation it will cause.
Dan USA

Burlington, WI

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#16
Sep 17, 2010
 

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Zionism is fascism wrote:
Congress is in the pocket of Israel and the Israeli lobby that sells US weapons to CHINA ..... Israel hates the USA ....... Never forget the cowardly izraeli attack on the USS LIBERTY and LAVON AFFAIR , etc .......... DAVID BEN - GURION , Gene Moss , Ezra Danin , Rupin Nekritz , Yaari Mombach led the IRGUN LEGION OF COWARDS and the HAGANA KHAZERS IN KHAKI .
**********
Hey, you foaming Nazi wag, "if" you can read a map, you'll note Israel is just a tiny spec of land, with 5 million people. But be assured they are a Superpower, and America's ally. To bad you were born in the new age. For you should have been in the box, during the "Nuremburg Trials" at the end of World War Two.
Bob Burns

Kunming, China

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#18
Sep 17, 2010
 
sailorman2 wrote:
<quoted text>I wonder what would happen if China did decide to cash in? What is the collateral behind these bonds?
Suppose, if the bonds were worthless because of inflation or something, the Chinese start taking public lands such as Yellowstone National Park. They then decide that they need a lot of lumber and chop down all the trees. I know this is probably absurd or is it?
Not absurd from the western viewpoint,'cause that's how they'd do it, had they the chance. But, that's not the Chinese Way. We're businessmen, and business is best when everybody gets a good deal and walks away happy, even in dealing with aggressive savage barbarians
Bob Burns

Kunming, China

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#19
Sep 17, 2010
 
WeTheSheeple wrote:
<quoted text>
I really don't expect China to try to cash it all in, since the U.S. is their biggest customer. If they bankrupt our nation, they've got no one to buy their products.
I think US accounts for about 12% of our exports, and shrinking. Which only makes sense. If you had a customer about to go bankrupt wouldn't you?

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