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Thread: US Congress votes through South Korea trade deal

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    US Congress votes through South Korea trade deal

    US lawmakers have approved a long-delayed free trade agreement with South Korea, calling it the most significant in 16 years.
    Both houses of Congress voted in quick succession on Wednesday to approve the agreement, as well as pacts with Panama and Colombia.
    It will now go to President Barack Obama to be signed into law.
    The agreement is expected to increase US exports to the Asian economy by as much as $10bn (6.5bn).

    The free-trade deal with South Korea is the largest US trade pact since it signed the North American Free Trade Agreement in 1994.
    BBC News - US Congress votes through South Korea trade deal

    "The agreement is expected to increase US exports to the Asian economy by as much as $10bn" This sounds like a good thing to me. What do you think?

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    Re: US Congress votes through South Korea trade deal

    Not to mention Colombia and Panama.

    Could someone please poke me with a cattle prod, I'm not quite sure this is real, as Congress actually got something done.

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    Re: US Congress votes through South Korea trade deal

    Look at this...they may even cut farm subsidies a little bit WOW

    Deal close on cut in farm subsidies - David Rogers - POLITICO.com

    Congress on Wednesday approved three long-stalled free-trade deals with Colombia, Panama and South Korea.


    Congress OKs 3 trade deals - Seung Min Kim - POLITICO.com

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    Re: US Congress votes through South Korea trade deal

    Quote Originally Posted by lpast View Post
    Look at this...they may even cut farm subsidies a little bit WOW

    Deal close on cut in farm subsidies - David Rogers - POLITICO.com

    Congress on Wednesday approved three long-stalled free-trade deals with Colombia, Panama and South Korea.


    Congress OKs 3 trade deals - Seung Min Kim - POLITICO.com
    They have no choice on the subsidies. Either they agree on what to cut or they automatically get cut. We can thank those who held their ground in the budget battle for that.

    It's funny, you demeaned those who did that but now are cheering on their results.
    Last edited by 1Perry; 10-13-11 at 08:08 AM.

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    Re: US Congress votes through South Korea trade deal

    Quote Originally Posted by 1Perry View Post
    They have no choice on the subsidies. Either they agree on what to cut or they automatically get cut. We can thank those who held their ground in the budget battle for that.

    It's funny, you demeaned those who did that but now are cheering on their results.
    I never demeaned ever...any attempts to cut legitimate budget items...my complaint was and IS cutting everything middleclass and poor and giving it to the rich...
    Im all for cutting all subsidies....and cutting departmental budgets etc.

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    Re: US Congress votes through South Korea trade deal

    Cool maybe we can one of those Hitler Techno and Cocktail Bars over here now

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    Re: US Congress votes through South Korea trade deal

    Quote Originally Posted by lpast View Post
    I never demeaned ever...any attempts to cut legitimate budget items...my complaint was and IS cutting everything middleclass and poor and giving it to the rich...
    Im all for cutting all subsidies....and cutting departmental budgets etc.
    Do I need to go back and post all the things you said about those who held their line on the budget battle? Read the article. The reason for this happening is because of their actions.

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    Re: US Congress votes through South Korea trade deal

    Finally a deal.
    Actually, I would have been quite surprised if it didn't pass through
    "The misery of being exploited by capitalists is nothing compared to the misery of not being exploited at all" - Joan Robinson
    "The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries" - Winston Churchill

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    Re: US Congress votes through South Korea trade deal

    1Perry, the problem is not the cutting - everybody wants cuts, but we don't all agree about where the cuts need to be made.

    For me, cuts in farm aid is not a reason for celebration - failing to cut the most egregious groups suckling on the government teat (likely because they are also the biggest GOP contributors) while trying to cut Medicare, Social Security, education, healthcare and aid to the largest group producing American made products (farmers) is not what I support.
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    Re: US Congress votes through South Korea trade deal

    Quote Originally Posted by Frolicking Dinosaurs View Post
    1Perry, the problem is not the cutting - everybody wants cuts, but we don't all agree about where the cuts need to be made.

    For me, cuts in farm aid is not a reason for celebration - failing to cut the most egregious groups suckling on the government teat (likely because they are also the biggest GOP contributors) while trying to cut Medicare, Social Security, education, healthcare and aid to the largest group producing American made products (farmers) is not what I support.
    Your partisanship is dismissable.

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