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Written by Stumo
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Wednesday, 19 December 2007 |
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Farmers and domestic manufacturers have common problems... the
associations claiming to represent them are actually working to bury
them. See this link for one farm association trojan horse.
Today the National Association of Multinationals... er... the National Association of Manufacturers says outsourcing is the way to go. Of course they don't call it "outsourcing". They use the happy term "external partnerships."
You
see, NAM opposes meaningful legislation to neutralize currency
manipulation, and supports the trade agreements that now have the Peruvian president explicitly soliciting U.S. companies to manufacture in Peru to sell back to the U.S.
The NAM report is titled Forging New Partnerships: How to Thrive in Todays Global Value Chain." Former Michigan Governor John Engler rolled out the report.
So
this is the NAM strategy. Pass trade agreements that lower U.S.
tariffs but leave the VAT-tariffs of the other country in place at
about 19%. Then oppose enforcement of trade laws or agreements by
shouting "trade war." Oppose neutralization of currency
manipulation. Then claim the free market is at work and advocate
more outsourcing with feel good language.
God bless America.
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In the news
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Colorado CPA member Milt Heft has these thoughts on money, wealth and the economy. Heft is the owner of Petrogen, Inc in Colorado Springs.
A few thoughts about manufacturing:
There is a great misunderstanding of the relationship- between money and wealth. The beginning principles with which we can all agree are a few and simple noble truths:
1. Money is meaningless without wealth.
2. Wealth is difficult to distribute without money.
3. Wealth is the reality of the physical things we need to survive and thrive: food, clothing, shelter, ice cream & computers. It is the product of mining, industrial production, and agriculture.
4. Money is anything that make the wheels of production and distribution go round.
5. Money is easy to manufacture and control.
6. Wealth takes a lot of blood, sweat, toil and tears.
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Read more...
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This, is the sole reason I dropped out of NAM.
No matter how much good NAM does on isses besides trade,if your industry is ousourced from the US you are dead.