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caniff
Joined: 03 Feb 2004
Location: All over the map
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 Posted: Mon Feb 09, 2009 10:08 am Post subject: |
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| mises wrote: |
| caniff wrote: |
| I liked what Hillary had to say about this situation and what she referred to Korea's "historical amnesia". |
That was the closest thing to economic porn I'd ever seen. |
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Kuros
Joined: 27 Apr 2004
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| Posted: Mon Feb 09, 2009 10:39 am Post subject: |
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I'm glad John McCain hasn't given up. He tried to pass an Amendment to eliminated the clause entirely. But it failed.
Amendment to strip "buy American" clause defeated; amendment to render it meaningless passes
Of course, the original provision violated GATT.
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| Article I of the GATT requires that any advantage, favor, or privilege given to the products of one WTO Member must be given immediately and unconditionally to the like products of all others. |
So this blogger snarked:
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| In political double-speak: the government must buy American, provided that it doesn't discriminate against foreign sellers of goods and services. |
Way to go, Democrats. You've pissed off the world for nothing. |
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Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
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| Posted: Mon Feb 09, 2009 11:25 am Post subject: |
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There are no doubt groups in all countries reacting the same way: Buy Local. The Italian ban on ethnic food comes to mind. It's a natural reaction; bad, but natural.
Democrats as a party are not anti-trade, just not as gung ho as the Republicans. |
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