The Protection(ism) Racket
Post below lifted from Blue Crab. See the original for links
The New York Sun publishes an editorial that pounds Barack Obama and Hillary Clinton for their increasingly protectionist stances. Both candidates are taking shots at the North American Free Trade Agreement, abandoning the defense of the treaty to John McCain. The sun points out the absurdity of that.
The Wall Street Journal reported yesterday that Mr. Obama has distributed fliers in Ohio showing "a locked factory gate with a large 'closed' sign on it" and language blaming Senator Clinton for having backed Nafta. In his speech Tuesday night in Houston after winning the Wisconsin primary, Mr. Obama said, "We're here because there are workers in Youngstown, Ohio, who've watched job after job after job disappear because of bad trade deals like Nafta, who've worked in factories - who've worked in factories for 20 years, and then one day they come in and literally see the equipment unbolted from the floor and sent to China."
Mrs. Clinton, rather than defend the value of free trade to growing our economy by expanding American exports, providing cheaper goods for American consumers, and increasing overall prosperity both at home and abroad, has been scrambling away from one of her husband's greatest accomplishments. The Journal article reports that the Clinton campaign responded to the Obama flier by saying that, contrary to its claim, the candidate never said that Nafta was a "boon" to the American economy. Tuesday, Mrs. Clinton herself, campaigning in Ohio, said, "My opponent has taken to attacking me on Nafta. The fact is, neither of us were in the Senate at the time, and I've long been a critic of the shortcomings of Nafta." Mrs. Clinton may not have been in the Senate at the time, but she was in the White House at the time, and she wants credit for that as part of her 35 years of experience that is supposed to make her qualified to be president. Breathtaking.
So who is left to defend the trade agreement that President Clinton and Vice President Gore worked so hard to achieve? Well, one can just click on YouTube to bring up a video with Mr. McCain explaining, "I know Nafta was a good idea. It's created millions of jobs, and it has helped the economies of all three of these nations. All you have to do is go to Detroit and see the thousands of trucks lined up every day, or go to our Southern border. .Free trade is something I think that is vital to the future of America. As a free trader, I will open up every market in the world."
Obama has already proposed close to a trillion dollars worth of expensive new Federal programs - and is at the same time arguing against the kind of agreement that has helped the American economy thrive. A growing economy generates more tax revenue than a stagnant or contracting one. Yet both Obama and Clinton appear to be willing to walk away from that agreement. Both also preach that they will raise taxes on corporations. So what they are proposing is taking more from a smaller and smaller pie. Consider for a moment what those policies will do to jobs in this country. Hint: there will not be more jobs.
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Completely off his rocker: "President Mahmoud Ahmadinejad declared that Iran was the world's "number one" power, as he launched a bitter new assault on his domestic critics. "Everybody has understood that Iran is the number one power in the world," Mr Ahmadinejad said in a speech to families who lost loved ones in the 1980-1988 Iran-Iraq war. "Today the name of Iran means a firm punch in the teeth of the powerful and it puts them in their place," added Mr Ahmadinejad, who on Sunday will become the first president of the Islamic republic to visit neighbouring Iraq. Mr Ahmadinejad's comments come amid renewed Western efforts on the UN Security Council to agree a third package of sanctions against Tehran over its refusal to suspend sensitive nuclear activities. They also came a day after former top nuclear negotiator Hassan Rowhani launched an unprecedented attack on Mr Ahmadinejad's foreign policy, accusing him of using "coarse slogans and grandstanding".
Islam at the Ballot Box: "Pakistan's election has been portrayed by the Western media as a defeat for President Pervez Musharraf. The real losers were the Islamist parties. The latest analysis of the results shows that the parties linked, or at least sympathetic, to the Taliban and al Qaeda saw their share of the votes slashed to about 3% from almost 11% in the last general election a few years ago. The largest coalition of the Islamist parties, the United Assembly for Action (MMA), lost control of the Northwest Frontier Province -- the only one of Pakistan's four provinces it governed. The winner in the province is the avowedly secularist National Awami Party."
How to increase fuel prices even more: "The House approved $18 billion in new taxes on the largest oil companies Wednesday as Democrats cited record oil prices and rising gasoline costs in a time of economic troubles. The money collected over 10 years would provide tax breaks for wind, solar and other alternative energy sources and for energy conservation. The legislation, approved 236-182, would cost the five largest oil companies an average of $1.8 billion a year over that period, according an analysis by the House Ways and Means Committee. Those companies earned $123 billion last year. Senate Democratic leaders said they would put the bill on a fast track and try to avoid a Republican filibuster. The White House said the bill unfairly takes aim at the oil industry. President Bush is expected to veto the legislation if it passes Congress."
Israel steps up Gaza air strikes after Hamas rockets: "Israel stepped up air strikes in the Gaza Strip on Thursday, killing five Palestinian gunmen after the first death in Israel in nine months from a rocket attack launched from the Hamas-controlled territory. "We are at the height of the battle," Israeli Prime Minister Ehud Olmert said during a visit to Tokyo, where he held talks with U.S. Secretary of State Condoleezza Rice. But Olmert appeared to suggest a major Israeli ground operation in the Gaza Strip was not imminent, saying Israel's fight against militants was a "long process" and it had "no magic formula" to halt nearly daily cross-border rocket attacks. A total of 16 Palestinians have been killed in the Gaza Strip by Israel since Wednesday, when a rocket strike on the border town of Sderot, an attack claimed by the Islamist Hamas group, killed an Israeli civilian for the first time since May. Most of the Palestinian dead were militants but also included a six-month-old child killed in an air strike on the Hamas-run Interior Ministry."
Tubby Terrorist: I'm Starving!: "Overweight preacher of hate Abu Hamza has given prison officials a list of demands after telling his lawyer: "I'm starving in here." Hamza, 49, who weighs about 20 stone, has told jail chiefs he wants more and better food, extra phone time and an end to constant strip searches. The former imam of Finsbury Park Mosque in north London, who is fighting extradition to the US, also objects to squatting during searches as it contravenes Islamic law. Hamza, who has hooks after losing both hands, is serving seven years at Belmarsh prison in south London for soliciting the murder of non-Muslims and inciting racial hatred." [I am guessing that most readers here will not be crying about this]
For more postings from me, see OBAMOLOGY, TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL and EYE ON BRITAIN.
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"Why should the German be interested in the liberation of the Jew, if the Jew is not interested in the liberation of the German?... We recognize in Judaism, therefore, a general anti-social element of the present time... In the final analysis, the emancipation of the Jews is the emancipation of mankind from Judaism.... Indeed, in North America, the practical domination of Judaism over the Christian world has achieved as its unambiguous and normal expression that the preaching of the Gospel itself and the Christian ministry have become articles of trade... Money is the jealous god of Israel, in face of which no other god may exist". Who said that? Hitler? No. It was Karl Marx. See also here and here and here.
The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialistisch) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party".
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