Tag Archives: Barack Obama

New report finds that America is falling behind on international trade

This is a good editorial on why Obama’s policies haven’t led to more exports.

Excerpt:

President Obama claims he’ll double U.S. exports in five years. But a new report from Congress shows U.S. firms losing major ground to competitors because he won’t act on free trade pacts with Colombia and Panama.

In a report titled “Losing Jobs and Alienating Friends: The Consequences of Falling Behind on Free Trade With Colombia and Panama,” the Senate Foreign Relations Committee’s Richard Lugar presents a bleak picture of Latin American markets and allies slipping away as the administration fails to enact the Colombia and Panama free-trade agreements.

While President Obama tries to get on the good side of business by saying he’d go forward with the U.S.-Korea free-trade deal, he’s making only vague statements of support for the other two treaties.

“What the president says matters a lot less than what he does,” Senate Minority Leader Mitch McConnell said Monday in calling for the passage of the long-languishing other two pacts.

Staffer Carl Meacham visited Colombia and Panama in late January and has returned with a long list of horror stories for the Foreign Relations Committee report to be released Tuesday. He tells of lost contracts, evaporating market share and unhappy allies writing off America as a partner in favor of new relationships with more trade-friendly partners like China.

The trend also affects other Latin states. Obama is getting ready to visit Brazil and Chile next month and will tout those new relationships. But he’s unlikely to note that both have quietly made China, instead of the U.S., their top trading partner.

In 10 years, China will also become the top trade partner of Colombia and Panama, nations that would rather have America in that spot. Without the trade pacts, however, it won’t happen.

Meacham found that the contractual losses to American companies in the absence of the pacts are already mounting. They include $5.25 billion for Panama Canal expansion, $1.5 billion for Panama City Metro construction and millions in highway contracts in both Panama and Colombia.

These contracts are going to foreigners from countries where duty-free trade has given their companies a competitive advantage as U.S. companies pay tariffs.

Meacham also found market-share losses in the same grim league, as Colombia signs off on free-trade deals with Canada (expected in two or three months), Europe (expected this summer) and South Korea (in third-stage negotiations in Los Angeles now).

Free trade is not only good for jobs, but also for foreign policy. It gives you leverage with a country because you’re more tightly coupled to them. Unfortunately, Obama is a socialist and he opposes free trade. So not only will be lose jobs, but also influence and goodwill abroad.

CBO says that Obamacare will reduce employment by 800,000 workers

The CBO director was being questioned by Republican Congressman John Campbell when he let something interesting come out about Obamacare.

Here’s the video:

And the transcript: (H/T The Weekly Standard)

Chairman [Paul] Ryan: “[I]t’s been argued…that the new health care law will create jobs and increase labor force participation. But if I recall from your analysis, it was quite the opposite. Is that not the case?”

Director [Douglas] Elmendorf : “Yes.”…

[…]

Rep. [John] Campbell: Thank you, Mr. Chairman, we’ll — and Dr. Elmendorf — and we’ll continue this conversation right now. First on health care, before I get to — before I get to broader issues, you just mentioned that you believe — or that in your estimate, that the health care law would reduce the labor used in the economy by about 1/2 of 1 percent, given that, I believe you say, there’s 160 million full-time people working in ’20-’21.  That means that, in your estimation, the health care law would reduce employment by 800,000 in ’20-’21. Is that correct?

Director Elmendorf: Yes. The way I would put it is that we do estimate, as you said, that…employment will be about 160 million by the end of the decade.  Half a percent of that is 800,000.

I noticed that the Blog Prof found of video of Nancy Pelosi promising that Obamacare would CREATE 400,000 jobs. Ooops.

I am sure that some of the 800,000 people who will be losing their jobs because of Obama’s socialist health care plan voted for Obama in 2008. What were those people thinking?

Civil rights commission finds that Obama administration has racist double standard

Remember the New Black Panthers voter intimidation story?

Here’s a re-cap from the Wall Street Journal.

Excerpt:

President Obama’s Justice Department continues to stonewall inquiries about why it dropped a voter intimidation case against the New Black Panther Party.

The episode—which Bartle Bull, a former civil rights lawyer and publisher of the left-wing Village Voice, calls “the most blatant form of voter intimidation I’ve ever seen”—began on Election Day 2008. Mr. Bull and others witnessed two Black Panthers in paramilitary garb at a polling place near downtown Philadelphia. (Some of this behavior is on YouTube.)

One of them, they say, brandished a nightstick at the entrance and pointed it at voters and both made racial threats. Mr. Bull says he heard one yell “You are about to be ruled by the black man, cracker!”

In the first week of January, the Justice Department filed a civil lawsuit against the New Black Panther Party and three of its members, saying they violated the 1965 Voting Rights Act by scaring voters with the weapon, uniforms and racial slurs. In March, Mr. Bull submitted an affidavit at Justice’s request to support its lawsuit.

When none of the defendants filed any response to the complaint or appeared in federal district court in Philadelphia to answer the suit, it appeared almost certain Justice would have prevailed by default. Instead, the department in May suddenly allowed the party and two of the three defendants to walk away.

Well, an investigation just completed, and now we have the facts on why the charges were dropped by the Obama administration.

Jennifer Rubin explains why in the left-wing Washington Post. (H/T The Heritage Foundation)

Excerpt:

The U.S. Commission on Civil Rights came out in December with a draft of its interim report on the New Black Panthers Party scandal. Earlier today a final report was posted on the commission’s website, and with it, a flurry of rebuttals and separate statements from a number of the commissioners. The import of these statements should not be minimized.

The statements indicate several points: 1) the New Black Panther Party case brought by career Justice Department employees was meritorious on the law and the facts; 2) there is voluminous evidence of the Obama administration’s political interference in the prosecution of the New Black Panther Party case; 3) there is ample evidence that the Obama administration directed Justice Department employees not to bring cases against minority defendants who violated voting rights laws or to enforce a provision requiring that states and localities clean up their voting rolls to prevent fraud; 4) the Justice Department stonewalled efforts to investigate the case; and 5) vice chairman Abigail Thernstrom has, for reasons not entirely clear, ignored the evidence and tried to undermine the commission’s work.

The rest of the article has specific comments from the investigators of the U.S. Commission on Civil Rights.