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Thread: Obama claims strengthened hand in global dealings

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    Re: Obama claims strengthened hand in global dealings

    Quote Originally Posted by Manc Skipper View Post
    As for the laughable claim that the previous administration set this up, the attempt to insult our intelligence is noted.
    He who laughs last, laughs loudest...

    http://www.citizen.org/documents/g20...rison-memo.pdf
    At the June 2010 G-20 meeting, President Barack Obama said he wanted to submit the George W. Bush-negotiated Korea Free Trade Agreement (FTA) to a vote in Congress in late 2010 or
    early 2011 – after fixing unspecified aspects of the agreement.
    Since Obama decided to muck up the agreement, and it bombed.....


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    Re: Obama claims strengthened hand in global dealings

    Quote Originally Posted by Wiseone View Post
    its easy to tell no one here, including myself, truely understands the actual trade deal and what it may mean
    if you don't understand the trade deals, then you must not have read the links

    your choice, of course

    Quote Originally Posted by Wiseone View Post
    We simply have those who dislike Obama using it to show he can't accomplish something, even though they don't even know what that something is.
    tell it to the times, the globe, ap, cnn...

    tell it to rodney dangerfield

    tell it to roger simon's professional leftists and journo listers:

    President Barack Obama failed to reach agreement on two international deals to help spur the U.S. economy, unexpected setbacks on an Asia trip that was supposed to emphasize his stature abroad and change the subject from last week’s electoral drubbing.

    Obama was unable to achieve a free trade agreement with South Korea, vowing to keep talking to get a better deal for U.S. auto makers. And after meeting with the leaders of Germany and China, he continued to meet resistance from the two countries about reducing their trade surpluses with the U.S. to give a boost to American manufacturing, putting the best face on a compromise that only calls for the goal of lowering them.
    President Obama can't close deals at G-20 summit - Carol E. Lee and John Maggs - POLITICO.com

    what do you think the sunday chats are gonna chew on this weekend?

    all those whiners at abc and meet the press

    oh well

    party on, rodney

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    Re: Obama claims strengthened hand in global dealings

    Quote Originally Posted by Jetboogieman View Post
    And the bitching continues
    yup, the writers for the new york times and the pundits on cnn are NOT impressed

    who could be?

    he went half way around the world to get humiliated by hu and suckerpunched by south korea

    don't blame those of us with tv sets for noticing

    sorry

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    Re: Obama claims strengthened hand in global dealings

    There are many things about Obama policy that I want him not to succeed in.

    But I do not laugh at the President of the United States being humiliated on the world stage.
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

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    Re: Obama claims strengthened hand in global dealings

    Much attention has been focused on automobiles, hitherto a major US grievance and a large component of the bilateral trade deficit: during 2006, only about 4,000 US-manufactured cars (excluding GM's Daewoo subsidiary) were sold in South Korea while sales of cars manufactured by South Korean companies (including cars manufactured in Korean-owned US plants) in the United States exceeded 800,000[4]. South Korean automakers sold 730,863 vehicles in the United States in 2005, while American auto companies sold only 5,795 in South Korea, according to Commerce Department figures[21].
    The FTA will abolish taxes in South Korea "on large cars produced in the United States, which US auto makers have long called an impediment to market access in Korea"[20].
    The agreement requires Korea to reduce "car taxes that are based on engine displacement that allegedly disadvantage U.S.-made cars, which tend to be larger than domestically-produced Korean cars"[28].
    The Obama administration has opposed these engine displacement taxes even while vowing to support domestic limits on greenhouse gas emissions[29].
    The 775,000 vehicles Korea sold in the U.S. in 2007 include 250,000 that were made at the Hyundai plant in Alabama. When Hyundai brings its Kia factory in Georgia on line, it will increase Korea's total production capacity in the U.S. to 600,000 units per year. If GM Daewoo vehicles are included in US companies' sales in Korea, their market share there rises to 12.8%, versus a US market share of 5% for Korean manufacturers[30].
    Rice is excluded, at Seoul's insistence. In return, South Korea will reduce its 40% tariff on US beef over 15 years[4].
    Market opening already underway in law and accounting will widen, but major service sectors such as education and healthcare were excluded. Labour productivity in the South Korean service sector is just 56% of that in manufacturing, far below OECD's average of 93%[4].
    Seoul wanted products made by South Korean companies in the Kaesong Industrial Region in North Korea included in the deal; Washington did not. The disagreement is unresolved but was not allowed to scupper the deal, which allows for further talks on the subject[4].
    Agriculture in South Korea is expected to be adversely affected, and $119 billion in aid to South Korean farmers has been announced over the next ten years to offset the effects of the finalized agreement[31].
    The free trade agreement is expected to increase the growth rate of the South Korean GDP by 0.6% per year for the next 10 years. The South Korean government also cite increased foreign direct investment in Korea and heightened competition.
    More than $1 billion worth of US farm exports to South Korea will become duty-free immediately. Most remaining tariffs and quotas will be phased out over the first 10 years the agreement is in force. KORUS FTA would remove tariffs on 95% of consumer and industrial products between the countries within three years. South Korean industrial tariffs average 6.5% - and many are 8% - making market access a very important issue for US industries[20].
    The trade accord, if ratified, will knock down tariff and non-tariff barriers between the world's largest and 11th-largest economies, which did US$74 billion in two-way trade in 2006[8].
    The agreement does require both countries to enforce their own labor and environmental laws, and ensures access to legal mechanisms to ensure enforcement[20]
    South Korea


    The main issues are agricultural and automotive. In a different article in the NYT I read that Ford does not support this FTA over issues regarding environmental and fuel economy standards in Korea.
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    Re: Obama claims strengthened hand in global dealings

    There is a saying that people get the government they deserve but, unless the American people did something really evil that we don't know about, I don't believe the American people deserve Barrack Obama.

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    Re: Obama claims strengthened hand in global dealings

    Quote Originally Posted by Grant View Post
    There is a saying that people get the government they deserve but, unless the American people did something really evil that we don't know about, I don't believe the American people deserve Barrack Obama.
    Jesus christ man.

    He's not coming into your homes and eating your first borns.

    "ZOMG! The Evil Obama is out to get us!"

    "What has he taken from you?"

    "Nothing, we're just really scared of him because Glenn Beck told us so!!"

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    Re: Obama claims strengthened hand in global dealings

    Quote Originally Posted by Jetboogieman View Post
    Jesus christ man.

    He's not coming into your homes and eating your first borns.

    "ZOMG! The Evil Obama is out to get us!"

    "What has he taken from you?"

    "Nothing, we're just really scared of him because Glenn Beck told us so!!"
    The man is not evil. He is just imcompetent, a liar, and his understanding of economics is borderline lunacy. He miight be clueless but, in his defense, he would not eat children.

    Probablly not anyway.

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    Re: Obama claims strengthened hand in global dealings

    Quote Originally Posted by Jetboogieman View Post
    Jesus christ man.

    He's not coming into your homes and eating your first borns.

    "ZOMG! The Evil Obama is out to get us!"

    "What has he taken from you?"

    "Nothing, we're just really scared of him because Glenn Beck told us so!!"
    Obama's pathetically ignorant and misguided policies are the reason we have no recovery. He may have inherited a mess, but it hit bottom and STAYED THERE because of the jackass Obama. If not for the assclown, we'd have a couple million folks back at work by now. I think that's significant enough to matter.

    But God bless him ! We got useless Obamacare, and a couple trillion extra in debt we didn't need, and more on the horizon.

    And we got lemmings everywhere who believe in "jobs saved". Wow !! Tingles up and down the leg, eh !!

  10. #40
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    Re: Obama claims strengthened hand in global dealings

    Quote Originally Posted by The Prof View Post
    watch the video, it will tell you all you need know

    RealClearPolitics - Video - Gergen: Obama Had A "Really Bad" Day

    no one's spinning here, it's just the apologists aren't quite up on the latest happenings

    some highlights from david gergen's little chat with parker/spitzer
    Excellent interview with Gergen by CNN. There was no right wing bias or slant in the discussion. Just the facts.

    And the outcome of the trip is really nothing either side of the aisle should be celebrating. At best it was a series of rookie mistakes by Obama, at worst he really is that clueless on how world politics work. And some of the discredit goes to Obama's staff and handlers, too. They are supposed to be smarter than this.

    The fact is Obama really did get handed the Presidency with zero experience in pretty much anything. We know he is a smooth talker, he needs to become a quick learner. So far it isn't showing.....


    .


    “Build a man a fire, and he'll be warm for a day. Set a man on fire, and he'll be warm for the rest of his life.”

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