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Politics : Formerly About Applied Materials
AMAT 223.31-3.2%Nov 13 3:59 PM EST
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To: Jacob Snyder who wrote (25055)10/7/1998 11:02:00 PM
From: Big Bucks  Read Replies (1) of 70976
 
Jake,
Had to respond to this:Our government should say, "OK, we'll continue free trade, and we'll exchange your short-term debt for long, and forgive a lot of it, but you have to do two things: 1) adopt SEC accounting/reporting rules, and 2) dismantle your Ministry of Industrial Guidance And Patronage, and let the market decide where goods/labor/capital go." Only countries who don't agree to this should have trade barriers raised against them.

Let's see, it's ok to use economic "blackmail" to "entice" competitor
trade partners, but not ok to just limit (not stop) the flood of
non-competitive priced products/goods at the expense of US companies
and US taxpayers/workers. All I'm proposing is tariff protection to
make the playing field even. Foreign import products would still come
into the US but wouldn't put American workers/companies at risk with
uncompetitive pricing advantage.

Just my opinion,
BB
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