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Title: Trump tapping $12B to help farmers affected by tariffs
Source: ABC News
URL Source: https://abcnews.go.com/Politics/wir ... s-%20trading-partners-56776822
Published: Jul 24, 2018
Author: KEN THOMAS AND PAUL WISEMAN,
Post Date: 2018-07-24 15:00:56 by Gatlin
Keywords: None
Views: 11402
Comments: 59

The government announced a $12 billion plan Tuesday to assist farmers who have been hurt by President Donald Trump's trade disputes with China and other trading partners.

The plan focuses on Midwest soybean producers and others targeted by retaliatory measures.

The Agriculture Department said the proposal would include direct assistance for farmers, purchases of excess crops and trade promotion activities aimed at building new export markets. Officials said the plan would not require congressional approval and would come through the Commodity Credit Corporation, a wing of the department that addresses agricultural prices.

"This is a short-term solution that will give President Trump and his administration the time to work on long-term trade deals," said Agriculture Secretary Sonny Perdue. Officials said the direct payments could help producers of soybeans, which have been hit hard by the Trump tariffs, along with sorghum, corn, wheat, cotton, dairy and farmers raising hogs.

In Kansas City, meanwhile, Trump told a veterans convention that he was trying to renegotiate trade agreements that he said have hurt American workers, and he asked for patience ahead of key talks.

"We're making tremendous progress. They're all coming. They don't want to have those tariffs put on them," Trump told the Veterans of Foreign Wars national convention.

(backslash)rump declared earlier Tuesday that "Tariffs are the greatest!" and threatened to impose additional penalties on U.S. trading partners as he prepared for negotiations with European officials at the White House.

Tariffs are taxes on imports. They are meant to protect domestic businesses and put foreign competitors at a disadvantage. But the taxes also exact a toll on U.S. businesses and consumers, which pay more for imported products.

The Trump administration has slapped tariffs on $34 billion in Chinese goods in a dispute over Beijing's high-tech industrial policies. China has retaliated with duties on soybeans and pork, affecting Midwest farmers in a region of the country that supported the president in his 2016 campaign.

Trump has threatened to place penalty taxes on up to $500 billion in products imported from China, a move that would dramatically ratchet up the stakes in the trade dispute involving the globe's biggest economies.


Poster Comment:

Thank you, Deckard.
Thank you VERY MUCH.
lol ...

Post Comment   Private Reply   Ignore Thread  


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Begin Trace Mode for Comment # 55.

#38. To: Gatlin (#0)

VxH  posted on  2018-07-25   10:00:46 ET  (1 image) Reply   Untrace   Trace   Private Reply  


#48. To: VxH, EVERYBODY, gross abuse and misuse of a Ronald Reagan quote (#38) (Edited)

Government is not the solution to our problem; government is the problem. ~ Ronald Reagan.
Ah, you are yet another one of those who maligns the use of this Ronald Reagan quote by intentionally neglecting to show the whole quote to put it into the proper perspective.

I shall do that now to show you, and others, the flagrant misuse.

The entire quote is:

In this present crisis, government is not the solution to our problem; government is the problem. ~ Ronald Reagan.
Read those first four words out loud as I repost them here:

In this present crisis ...

Those four words properly added gives a whole new meaning to the quote....doesn’t it?

Feel free to post “YES” at this time.

Gatlin  posted on  2018-07-25   11:57:56 ET  Reply   Untrace   Trace   Private Reply  


#52. To: Gatlin, VxH, hondo68 (#48)

The entire quote is:

In this present crisis, government is not the solution to our problem; government is the problem. ~ Ronald Reagan.

You don't think the nation is in crisis now jackass?

You think more and bigger government is the solution?

Reagan was never a fan of big government like you are wont to portray him you ignorant clown.

Government's first duty is to protect the people, not run their lives. ~ Ronald Reagan

The most terrifying words in the English language are: I'm from the government and I'm here to help. ~ Ronald Reagan

Deckard  posted on  2018-07-25   12:48:45 ET  Reply   Untrace   Trace   Private Reply  


#55. To: Deckard (#52)

The most terrifying words in the English language are: I'm from the government and I'm here to help. ~ Ronald Reagan.
I suggest you refrain from ever again using that quote from Ronald Reagan in 1986 because Ronald Reagan did not coin tthat phrase, he actually “borrowed” it from Senator Edmund D Muskie (D-Maine). [Liberator, did you catch “borrowed” it?].

The earliest attribution I can find for this quote is to the Sunday News Journal - February 1, 1976 Wilmington, Delaware, when Senator Edmund D. Muskie (D- Maine) told the U.S. Conference of Mayors in Chicago the three most common lies are, “I put your check in the mail yesterday,” “I gave at the office” and “I’m from the federal government and I’m here to help you.”
1 February 1976, Sunday News Journal - February 1, 1976 Wilmington, Deleware, pg. 9, col. 1:

This seems to be some 10 years before Reagan is first quoted as saying it.

Be all of this as it may, Reagan was wrong when he said: “The most terrifying words in the English language are: I'm from the government and I'm here to help”.

Actually, the most TERRIFYING words in the English language are: “I’m a Libertarian and the Market Will Save You”.

I was tailgating with my wife and two friends in the parking lot of Miller Park before a Brewers game yesterday, when a guy with a pasted-on, plastic, local-news- anchor smile approached our group. He wanted us to sign a petition to get his “buddy” on the ballot for state treasurer. Of course, the first question I asked him was which party his “buddy” belonged to, and the guy told us he was a Libertarian.

Poor guy, he didn’t realize he was approaching a liberal blogger and his progressive friends. Not an audience that was going to easily buy what he had to sell. I politely told him that I wouldn’t support a Libertarian candidate, and like a telemarketer dutifully and mechanically following a script provided to him to handle rejection, he asked why I didn’t support Libertarians. I explained that I did not harbor a dislike or distrust of government, and that I thought there were certain jobs that only government could do. Without removing the wooden smile from his face, he moved to the next page of his telemarketer script and asked me if he could have one minute to “rebate” what I had said, and he proceeded to tell us that the free market is perfectly efficient and the best way to solve problems. I started to laugh and told him that, yes, the financial collapse two years ago was a great example of the market solving problems. And also, another great example was the oil pouring into the Gulf of Mexico. My wife and friends joined in the laughter, and our Libertarian guest could no longer maintain his fake smile. His voice and facial expression turned angry, and he stormed off to the next group of tailgaters, spitting out something barely intelligible at us as he left.

I thought this interaction perfectly encapsulated the anti-government, pro-market- solution obsession currently running through the right, especially among tea baggers and self-proclaimed libertarians. They love to cite Ronald Reagan’s line that the “nine most terrifying words in the English language are, ‘I’m from the government and I’m here to help.’” But I’m far more afraid of someone telling me, “I’m a Libertarian (or Tea Party member) and the market will save you.”

You would think from listening to the rhetoric that we have two choices in this country: Either you adopt the right’s notion of deregulation and an unfettered free market, or you are a socialist. There is no in-between. Which is, of course, patently false, but also maddeningly ignorant of recent American history. Taking the financial industry as an example, after the election of Franklin Roosevelt, Congress quickly enacted legislation, like the Securities Act of 1933, the Banking Act of 1933 (Glass- Steagall), and the Securities Exchange Act of 1934, meant to curb the excesses of an unfettered financial system, which had led to the stock market crash of 1929 and the depression that ensued. And for the next 45 years, the country was able to avoid any mass financial collapses.

Then, beginning with Reagan, and continuing through George H.W. Bush and Bill Clinton, and reaching its peak with the ultimate deregulation messiah, George W. Bush, the government took down the post-Depression financial regulation structure brick by brick, following a mantra that deregulation helped the market to function freely, and a free market will produce the best results.

What did we get? The savings and loan scandal, the Enron-induced power outages in California, corporate fraud (Enron, etc.) and, ultimately, a financial industry run amok (arcane financial instruments, insanely risky investments that banks profited from regardless of their success, and credit rating agencies handing out AAA ratings like candy to keep customers, just to name some examples), all leading to a near financial collapse that plunged the country (and the rest of the world) into a job- sapping, deep recession.

All evidence would seem to point to the need for some regulation to keep the banks from running amok, but the right still clings to its mantra of deregulation and unfettered free markets.

I also thought it was not a coincidence that not once, not twice, but three times during his two-minute pitch to us, our Libertarian petitioner talked of having the opportunity to “rebate” what I had said about his cause. (Not “rebut” or “debate” or whatever else he actually meant, but “rebate,” which had me secretly hoping he had a way to refund to us some of our time he had wasted.) It was fitting because so much of the right wing/Tea Party/libertarian anger is based on false notions (much of it, no doubt, a product of Fox News, Rush Limbaugh, and the right wing media misinformation machine), and the urgency of his words was not supported by a basic ability to use the English language to make an argument, leaving the content of his claims even more suspect.

I can already hear the complaints now: I’m an elitist snob for chiding someone for making a mistake. If I was pointing out that, say, the guy who scanned our tickets at the Miller Park gate had been less than smooth with his words, I would deserve the criticism (that didn’t happen, it’s just an example). But here was a guy who was so sure of his beliefs, he not only gave up a Sunday to walk around a baseball stadium parking lot to collect signatures (admirable commitment), but he felt empowered to tell everyone there that he was right and they were wrong. And if you are going to take such a position and hold yourself out as an authority, it is fair to question the knowledge and intelligence underlying the strong assertions.

Our Libertarian petitioner’s certainty isn’t just simplistic, it is a real impediment to solving our country’s problems. The alternative to unfettered free markets is not socialism, but rather, it is free markets with basic regulations in place to prevent abuse, just like the financial regulation architecture that protected the country after the Great Depression. (Somehow, I don’t think we were living in a socialist state when Eisenhower and Nixon held the presidency.) I know subtlety is a lost art in modern politics, but if we are to survive, we will have to recognize that there are more than two extreme choices. These same right wingers don’t seem to mind when the government subsidizes the oil industry, and I doubt that they want to shut down the libraries, public schools, fire departments, and highway maintenance departments, all of which are run by the government (and would not exist if left to a private, free-market model). Conservatives, tea baggers and libertarians want you to think it’s a simple dichotomous choice: free markets or socialism, or no government or all government. But such a reductionist view fails to account for how complicated and integrated the relationship between public and private actually is. (Yes, I know, asking for nuance rather than black-and-white distinctions is tragically 20th century.) Let’s remember the angry town hall attendees last summer telling members of Congress to keep their government hands off of their Medicare. Even they liked a government program, but they didn’t even know it.

There was one aspect of our Libertarian petitioner’s approach that especially rang true to me: The false smile covering his real anger. Tea Party leaders are quick to say there is no place in their movement for racism, but at those same rallies you see racist signs about President Obama. Let’s not forget the March Harris poll that revealed that 57 percent of Republicans think Obama is a Muslim, and 45 percent think he wasn’t born in the United States. Somehow, I doubt these people would be concerned about the religion or place of birth of John Kerry, Hillary Clinton or John Edwards, let alone John McCain, Mitt Romney or Rudy Giuliani. When right wingers talk about taking “their” country back, it’s hard to see “their” as meaning anything but a system in which power rested in white, male, Christian hands. When tea baggers put a happy, smiley face on the movement, I can’t help but be wary of the angry snarl underneath. So I wasn’t the least bit surprised when our Libertarian petitioner’s plastic grin quickly devolved into an angry scowl when he realized that he didn’t have the ammunition to win over someone who was even marginally informed.

These are not merely philosophical questions. Late last week, financial reform legislation was watered down at the last minute to ensure its passage. After what happened in 2008, opposing real reform in areas like derivatives and the so-called “Volcker Rules” defies logic. With unemployment hovering around 10 percent thanks to a recession precipitated by a near financial industry collapse, I don’t agree with Ronald Reagan. I’m not scared of the government trying to help. But I am terrified of an unfettered free market allowing industry leaders, whether they be in the financial industry or the oil business, ruled by greed, putting the country at risk to unfairly further line their already bulging pockets.

https://www.huffingtonpost.com/mitchell- bard/reagan-was-wrong-the-nine_b_628022.html

Gatlin  posted on  2018-07-25   14:22:12 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 55.

#56. To: Gatlin (#55)

I suggest you refrain from ever again using that quote from Ronald Reagan

I suggest you go fuck yourself.

Deckard  posted on  2018-07-25 16:40:10 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 55.

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