The Republican Platform: Send Jobs Overseas At All Costs.....

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  • Hardrock69
    DIAMOND STATUS
    • Feb 2005
    • 21838

    The Republican Platform: Send Jobs Overseas At All Costs.....

    Excuse if this has been discussed before, but I just now discovered this. Republicans blocked a bill on July 20 that would have curbed overseas outsourcing of jobs and encouraged bringing jobs back to the US:

    At Examiner.com™ we help you excel personal finance, boost income, invest wisely, travel smart, reach financial freedom faster, and enjoy life on a budget.


    Republicans kill U.S. jobs bill designed to curb job outsourcing

    Thursday afternoon Republicans in the U.S. Senate blocked a bill designed to help American job growth by providing tax break incentives to companies investing in jobs in America while at the same time removing existing tax breaks gained by companies that outsource jobs beyond U.S. borders.

    Present law allows companies to take a tax deduction for the movement of equipment and people beyond U.S. borders. This bill would have removed such tax deductions and, in addition, it would have provided a 20% tax incentive to companies who moved overseas jobs back to American soil.

    Despite the defection of four Republicans who voted for S.3364 Bring Jobs Home Act, the final vote, 56 yeas to 42 nays, was not enough to pass the 60 vote threshold needed to move the bill forward to a simple majority vote.

    Joining the Senate Democrats and the two Senate Independents in voting for the measure were Republican Senators Scott Brown of Massachusetts, Susan Collins of Maine, Dean Heller of Nevada and Olympia Snowe of Maine.

    Two Senators did not vote on the bill: Republican Senator Mark Kirk of Illinois and Democratic Senator Herb Kohl of Wisconsin.

    In a move of political gamesmanship Republicans unsuccessfully attempted to have two amendments added to the bill which have nothing to do with the issue at hand: a full repeal of the Patient Protection and Affordable Care Act and an extension of all of the Bush-era tax cuts. The tax cuts are set to expire on December 31, 2012 if no action is taken by Congress.

    In a statement after the vote Senate Majority Leader Harry Reid attacked Republican opposition to the bill reinforced the need to passage of the legislation, stating,

    “In the past decade, American companies outsourced almost 2.5 million jobs. Right now, more than 130,000 workers in Nevada are at risk of seeing their jobs sent overseas. But today, Republicans blocked the Senate from debating a common-sense bill that would provide a new tax incentive to create more jobs here at home, and eliminate subsidies for companies that are shipping American jobs overseas.
    Republicans’ presidential candidate, Governor Mitt Romney, made a fortune by encouraging companies to ship American jobs overseas, so it’s little wonder that Senate Republicans are afraid to defend their support for outsourcing.
    Senator McConnell said that his ‘single most important’ goal is defeating President Obama, and in the past week he has made that abundantly clear. It is a shame that middle class families must suffer for Republicans to achieve their political aims.”

    Meanwhile, Republican Senator Orrin Hatch of Utah accused the Democrats of political gamesmanship. According to The Hill prior to the vote on Thursday he called the bill, “a product of political rather than economic priorities.”


    SO....as usual the Republicans claim they want to help our economy...they claim they are oh so fucking patriotic....yet by their actions they demonstrate beyond a shadow of a doubt they want to DESTROY our country!

    FUCK THOSE WORTHLESS GODDAMNABLE COCKSUCKERS!!!!
  • FORD
    ROTH ARMY MODERATOR

    • Jan 2004
    • 58759

    #2
    Well, they ARE running the Holy Mormon Prophet of Outsourcing as their Presidential Candidate, so not all that surprising.
    Eat Us And Smile

    Cenk For America 2024!!

    Justice Democrats


    "If the American people had ever known the truth about what we (the BCE) have done to this nation, we would be chased down in the streets and lynched." - Poppy Bush, 1992

    Comment

    • Hardrock69
      DIAMOND STATUS
      • Feb 2005
      • 21838

      #3
      True. But it just never ends. And then only a week ago they blocked that Veteran's job bill:



      Americans in general are waking up to what they are really about.....the Retardlicans are going to have to steal the election in order to win. No other way.

      What needs to happen is the defeat of at least a dozen Retardlican senators, and many more Retardlicans in the House. So Congress can start moving forward again.

      The only problem is that the Congressional budget for kleenex will increase drastically...as the Retardlicans sob their way through the next 4 years....

      Comment

      • Hardrock69
        DIAMOND STATUS
        • Feb 2005
        • 21838

        #4
        AND....


        Mitten's campaign is holding a fund raising event in Hong Kong to get more donations from the Chinese:



        Romney fundraiser planned Thursday in Hong Kong
        Posted: 09/26/2012 12:46:32 PM MDT
        Updated: 09/26/2012 04:31:35 PM MDT
        By STEPHEN BRAUN and KELVIN CHAN Associated Press

        WASHINGTON—Supporters of Republican presidential candidate Mitt Romney plan a campaign fundraiser for him Thursday in Hong Kong, where U.S. business interests intersect with China's growing influence as a world financial superpower.

        The third-highest ranking Republican in the House, Majority Whip Kevin McCarthy, was due in Hong Kong Thursday to make an appearance at the event, Erica Elliott, a spokeswoman for the California congressman said on Wednesday. Romney campaign spokesman Danny Diaz confirmed the report but added "no other specifics at this time." Business community figures in Hong Kong also confirmed the event.

        Hong Kong has been a dependable source of campaign cash for Romney, where expatriate supporters have already raised more than $385,000 for his White House run, according to federal campaign finance records. President Barack Obama's campaign has also mined cash from partisans there, raising $84,000.

        Many of both candidates' backers in Hong Kong are business figures who deal regularly with Chinese officials and corporations, a focal point of growing presidential campaign concern over U.S.-China trade friction. Romney and Obama have sparred repeatedly over how to deal with China's growing economic rivalry to the U.S., and the issue looms as a critical talking point in the upcoming presidential debates.

        Romney accuses China's government of trade, currency and intellectual property abuses, and says Obama has failed to confront
        Chinese officials. The Obama campaign said the administration has stood up to China and accused Romney's former firm, Bain Capital, of aiding the shift of American jobs to China. Both China and the U.S. filed World Trade Organization complaints against each other last week for alleged trade violations.

        "China has been an 800-pound stage prop and both sides play it," said Bob Kapp, a Washington state-based China consultant and former president of the U.S.-China Business Council.

        The Hong Kong event is not Romney's first effort to glean campaign cash there. Two of his sons headlined a fundraiser in Hong Kong last May. And Obama supporters have also been busy in China, gathering in the mainland China city of Shanghai in July for a $10,000 Obama Victory Fund event benefiting both the campaign and Democratic party coffers. Only American citizens and green card holders can donate to U.S. candidates.

        One Hong Kong businessman invited to the Romney event identified one of the fundraiser's organizers as Michael G. Desombre, a Hong Kong attorney specializing in mergers and acquisitions and private equity for Sullivan & Cromwell LLP. The businessman, Leland Sun, of Pan Asian Mortgage, said he was told the fundraiser was billed as a small event. Desombre did not return calls for comment.

        The event was to be held at Hong Kong's Mandarin Oriental Hotel, Bloomberg reported Wednesday. Other hosts include John Ying, founding partner of Peak Capital Partners I LP, attorney Thomas Britt and Charles Regan, head of Asia banking at Enclave Capital, Bloomberg reported.

        Like many of the Hong Kong-based business figures who have donated to both candidates, Desombre has represented and advised numerous U.S. firms that have invested in Chinese companies. Desombre's web site details his work for Warburg Pincus Asia LLC's multiple investments in Chinese firms, several Goldman Sachs investments in China and the merger of two Chinese power companies. Desombre's firm, Sullivan & Cromwell, also has regularly lobbied in Washington, representing GE, Mitsubishi and the Private Equity Growth Council in recent years.

        Romney has benefited from other supporters with extensive business interests in China. Casino owner Sheldon Adelson, who owns gambling resorts in the Chinese protectorate of Macau, has given more than $43 million to political action committees supporting Romney and allied GOP causes. Adelson is the largest individual donor in the 2012 campaign, according to an Associated Press review of campaign records.

        Federal campaign finance records through late August show Obama has raised $432 million versus Romney's $274 million since the start of the 2012 campaign. Romney has gained ground in recent months. The Republican National Committee has outraised its Democratic party counterpart, $280 million to $230 million.

        In recent weeks, the Romney campaign has made China a central foreign policy issue, pushing new ad campaigns in Ohio and other battleground states that accuse China's government of trade "cheating" and attacking Obama for not pushing back. The Obama campaign has also used China as a campaign scapegoat at times in its ads, criticizing Romney's former private equity firm, Bain Capital, for several investment deals that reportedly shipped U.S. jobs to China.

        Romney has also been sensitive to the China issue in his personal finances. Over the past two years, as the presidential race approached, a lawyer overseeing his family's trusts sold off numerous shares of stock in Chinese state-owned firms, including the 2011 sale of shares in a Chinese oil company. Romney had pledged in 2007 to eliminate any investments that conflicted with his political beliefs, but his trusts kept many of the Chinese investments and other politically-sensitive holdings until 2010 and 2011.

        Comment

        • Hardrock69
          DIAMOND STATUS
          • Feb 2005
          • 21838

          #5
          Can't say Obama is not concerned about National Security. Mittens would NEVER do this.....




          Obama blocks Chinese purchase of US wind farms

          WASHINGTON (AP) — Citing national security risks, President Barack Obama on Friday blocked a Chinese company from owning four wind farm projects in northern Oregon near a Navy base where the U.S. military flies unmanned drones and electronic-warfare planes on training missions.

          It was the first time in 22 years that a U.S. president has blocked such a foreign business deal.

          Obama's decision was likely to be another irritant in the increasingly tense economic relationship between the U.S. and China. It also comes against an election-year backdrop of intense criticism from Republican presidential challenger Mitt Romney, who accuses Obama of not being tough enough with China.

          In his decision, Obama ordered Ralls Corp., a company owned by Chinese nationals, to divest its interest in the wind farms it purchased earlier this year near the Naval Weapons Systems Training Facility in Boardman, Ore.

          The case reached the president's desk after the Committee on Foreign Investments in the United States, known as CFIUS, determined there was no way to address the national security risks posed by the Chinese company's purchases. Only the president has final authority to prohibit a transaction.

          The administration would not say what risks the wind farm purchases presented. The Treasury Department said CFIUS made its recommendation to Obama after receiving an analysis of the potential threats from the Office of the Director of National Intelligence.

          The military has acknowledged that it used the Oregon Naval facility to test unmanned drones and the EA-18G "Growler." The electronic warfare aircraft accompanies U.S. fighter bombers on missions and protectively jams enemy radar, destroying them with missiles along the way.

          At the Oregon site, the planes fly as low as 200 feet and nearly 300 miles per hour.

          The last time a president used the law to block a transaction was 1990, when President George H.W. Bush voided the sale of Mamco Manufacturing to a Chinese agency.

          In 2006, President George W. Bush approved a CFIUS case involving the merger of Alcatel and Lucent Technologies.

          The Treasury Department said in a statement that Obama's decision is specific to this transaction and does not set a precedent for other foreign direct investment in the U.S. by China or any other country.

          China's trade advantage over the U.S. has emerged as a key issue in the final weeks of the presidential campaign. Romney accuses Obama of failing to stand up to Beijing, while the president criticizes the GOP nominee for investing part of his personal fortune in China and outsourcing jobs there while he ran the private equity firm Bain Capital.

          Both campaigns are running ads on China in battleground states, especially Ohio, where workers in the manufacturing industry have been hard-hit by outsourcing.

          Obama, in an interview Wednesday with The Plain Dealer of Cleveland, said the U.S. must push hard against Beijing but "not go out of our way to embarrass" China.

          "We're not interested in triggering an all-out trade war that would damage both economies," Obama said.

          The president has the power to void foreign transactions under the Defense Production Act. It authorizes the president to suspend or prohibit certain acquisitions of U.S. businesses if there is credible evidence that the foreign purchaser might take action that threatens to impair national security.

          CFIUS is chaired by the treasury secretary. The secretaries of state, defense, commerce, energy and homeland security are also on the committee. The director of national intelligence is a non-voting member.

          Earlier this month, Ralls sued the national security panel, alleging CFIUS exceeded its authority when it ordered the company to cease operations and withdraw from the wind-farm developments it bought. Ralls asked for a restraining order and a preliminary injunction to allow construction at the wind farms to continue. The firm said it would lose the chance for a $25 million investment tax if the farms were not operable by Dec. 31.

          In a statement Friday, Tim Kia, a lawyer for Ralls, said the project posed no national security threat and said "the President's order is without justification, as scores of other wind turbines already operate in the area."

          Ralls dropped its request for a preliminary injunction this week after CFIUS allowed the firm to resume some pre-construction work. With the lawsuit, continuing, the firm's lawyers were expected to react quickly to the administration decision, said a person familiar with the lawsuit who insisted on anonymity because of the sensitive legal repercussions.

          Ralls' legal team includes Paul Clement and Viet Dinh, two top law veterans of President George W. Bush's administration. Both men were key players in Bush's aggressive national security operation.

          Clement, who was solicitor-general and argued administration positions before the Supreme Court, has since opposed the Obama administration's health care plan and defended the Defense of Marriage Act before the top court.

          Dinh, a former assistant attorney general who was the main architect of the Bush administration's anti-terror USA Patriot Act, has lately served as a director and legal adviser to Rupert Murdoch's News Corporation.

          A second Chinese firm stymied by CFIUS urged U.S. authorizes this week to investigate their firm to quell fears of ties to China's military. Huawei Technologies Ltd. announced in early September that it would unwind its purchase of U.S.-based computer firm 3Leaf Systems after the deal was rejected by CFIUS.

          Huawei, one of the world's largest producers of computer network switching gear, has repeatedly struggled to convince U.S. authorities that they can be trusted to oversee sensitive technology sometimes used in national security work. In 2008, CFIUS concerns led Huawei and private equity firm Bain Capital to abandon an $2.2 billion deal to buy a firm that produces anti-hacking software for the U.S. military


          Comment

          • Dr. Love
            ROTH ARMY SUPREME
            • Jan 2004
            • 7825

            #6
            yahoo news is such a liberal rag
            I've got the cure you're thinkin' of.

            http://i.imgur.com/jBw4fCu.gif

            Comment

            • jhale667
              DIAMOND STATUS
              • Aug 2004
              • 20929

              #7
              Originally posted by Dr. Love
              yahoo news is such a liberal rag
              And since he's ahead in their poll, FAUX is now in on the "fixing the polls for Obama" conspiracy too, ya know... They're in the tank for him!
              Originally posted by conmee
              If anyone even thinks about deleting the Muff Thread they are banned.... no questions asked.

              That is all.

              Icon.
              Originally posted by GO-SPURS-GO
              I've seen prominent hypocrite liberal on this site Jhale667


              Originally posted by Isaac R.
              Then it's really true??:eek:

              The Muff Thread is really just GONE ???

              OMFG...who in their right mind...???
              Originally posted by eddie78
              I was wrong about you, brother. You're good.

              Comment

              • Dr. Love
                ROTH ARMY SUPREME
                • Jan 2004
                • 7825

                #8
                it's the liberal internet propping up obama
                I've got the cure you're thinkin' of.

                http://i.imgur.com/jBw4fCu.gif

                Comment

                • jhale667
                  DIAMOND STATUS
                  • Aug 2004
                  • 20929

                  #9
                  Originally posted by Dr. Love
                  it's the liberal internet propping up obama
                  "Gretchen Carlson's huge head psyop thread" in 5...4...3..
                  Originally posted by conmee
                  If anyone even thinks about deleting the Muff Thread they are banned.... no questions asked.

                  That is all.

                  Icon.
                  Originally posted by GO-SPURS-GO
                  I've seen prominent hypocrite liberal on this site Jhale667


                  Originally posted by Isaac R.
                  Then it's really true??:eek:

                  The Muff Thread is really just GONE ???

                  OMFG...who in their right mind...???
                  Originally posted by eddie78
                  I was wrong about you, brother. You're good.

                  Comment

                  • Hardrock69
                    DIAMOND STATUS
                    • Feb 2005
                    • 21838

                    #10
                    So Dr. Love says this never happened.

                    That's ok.

                    People are allowed to live in NeoCon Fantasyland......

                    Comment

                    • Dr. Love
                      ROTH ARMY SUPREME
                      • Jan 2004
                      • 7825

                      #11
                      I was satirizing
                      I've got the cure you're thinkin' of.

                      http://i.imgur.com/jBw4fCu.gif

                      Comment

                      • jhale667
                        DIAMOND STATUS
                        • Aug 2004
                        • 20929

                        #12
                        Originally posted by Dr. Love
                        I was satirizing

                        I wasn't....bitch's head is HUGE...
                        Originally posted by conmee
                        If anyone even thinks about deleting the Muff Thread they are banned.... no questions asked.

                        That is all.

                        Icon.
                        Originally posted by GO-SPURS-GO
                        I've seen prominent hypocrite liberal on this site Jhale667


                        Originally posted by Isaac R.
                        Then it's really true??:eek:

                        The Muff Thread is really just GONE ???

                        OMFG...who in their right mind...???
                        Originally posted by eddie78
                        I was wrong about you, brother. You're good.

                        Comment

                        • Hardrock69
                          DIAMOND STATUS
                          • Feb 2005
                          • 21838

                          #13
                          Lol.

                          That's ok....

                          Whoever Yahoo is propping up with that article, does not change the facts....

                          Comment

                          • Angel
                            ROTH ARMY SUPREME
                            • Jan 2004
                            • 7481

                            #14
                            Originally posted by Hardrock69
                            Can't say Obama is not concerned about National Security. Mittens would NEVER do this.....
                            Meanwhile, Canada is being sold piece by piece to China...
                            "Ya know what they say about angels... An angel is a supernatural being or spirit, usually humanoid in form, found in various religions and mythologies. Plus Roth fan boards..."- ZahZoo April 2013

                            Comment

                            • Dr. Love
                              ROTH ARMY SUPREME
                              • Jan 2004
                              • 7825

                              #15
                              man are they getting ripped off
                              I've got the cure you're thinkin' of.

                              http://i.imgur.com/jBw4fCu.gif

                              Comment

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