DrRocket ([info]drrocketanski) wrote,
@ 2009-04-10 16:22:00
Previous Entry  Add to memories!  Tell a Friend  Next Entry
More evidence of His concern for the people
I've held back a bit on political notes lately, because frankly there's just too much (sorry if you guys like Obama) - stuff like his refusing banks that try to pay back the bailout money (and threatening them if they try to pay it back) - how else can wrest control of the economy from the private sector? - etc.

But I can't hold out too long.  If only because the absurdity of the continual love and confidence in this man seems inversely proportional to his worthiness.  True faith.

So, as part of the omnibus bill, part of Obama's strategy to save the U.S. economy, to get us back on track, he broke a trade treaty we had with Mexico since 1993 (Mexico = our 3rd largest trade partner).  The result of breaking a trade treaty or creating tariffs, as all of history shows, is increased tariffs from the other country (that is, they respond in kind).  The cost?  Approximately 40,000 American jobs and increased cost in goods.

What do we get from breaking this treaty?  We have managed, in order to protect American workers, to keep an average of 3 Mexican trucks off our roads (the max # of trucks would be, I believe, 96).  This is a great boon, because it means that those trucks have to move cargo into American trucks at the border, and that creates American jobs.  I'm guessing maybe 3 American jobs.  Possibly more - heck, let's go crazy and say as much as 100 American jobs.  100 jobs saved - 40,000 jobs lost = -39,900 jobs.  Obama can still say that he saved or created 100 American jobs (even if he axed 39,900).

Why did he do this?  Sorry, my union friends, but he did it because the Teamsters pushed him to do it.  And Obama, holding to his pledge to be concerned about the people, to avoid the political twisting that comes from lobbying, to be transparent, etc., did this because unions are big Demo supporters.  3 Mexican trucks vs. 39,900 American jobs.

Excellent work.  And...who's reporting on this?

Well, found it in a couple editiorials that few will read (http://www.ibdeditorials.com/IBDArticles.aspx?id=322355776985097).  Our investigative media is doing an excellent job keeping the claims of our government in check (just like they did with Bush).  I think they may have thrust some Freudian overtones into the phrase "penetrating reporting."



(2 comments) - (Post a new comment)


[info]joeleo
2009-04-11 04:15 am UTC (link)
Come on Travis, let's be fair. Saying that it's 39,900 American jobs vs 96 Mexican trucks isn't quite fair. Let's assume that each Mexican truck is driven by a man bringing his/her family. This means that there are actually 960 Mexicans involved. If you realize that 13.253 Mexican pesos is equivalent to 1 American dollar, then this makes it 12,722 Mexican monetary units vs. 39,900 American monetary units. When you figure things this way it's barely 3 to 1. When you look at the rest of the "investments" that the government makes, for us to get 33% of our initial "investment" back, it doesn't look like that bad of a deal. :)

(Reply to this)


[info]oythegreat
2009-04-12 05:53 pm UTC (link)
"I've held back a bit on political notes lately, because frankly there's just too much (sorry if you guys like Obama) - stuff like his refusing banks that try to pay back the bailout money (and threatening them if they try to pay it back) - how else can wrest control of the economy from the private sector? - etc."

I think this has made me the most angry. I think most regular Smoes are angry about having their taxes used to bailout private companies. And yet support for Obama is still strong, which means people aren't connecting the dots. To be fair, Bush's bailout was a bad idea as well, but on a much smaller scale than Obama's. (All bailouts have proven so far to be useless; then again, their real purpose isn't to save the economy.)

I don't understand how this news, that Obama's is refusing to accept the money from banks who want out of the bailouts, isn't affecting the popularity of Obama's presidency. BTW, what do these banks know that we don't know? Why are they fighting to pay it back? What are they afraid of?

(Reply to this)


(2 comments) - (Post a new comment)

Create an Account
Forgot your login or password?
Login w/ OpenID
English • Español • Deutsch • Русский…