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Strategies & Market Trends : Fascist Oligarchs Attack Cute Cuddly Canadians -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (73)8/23/2001 8:58:49 PM
From: Snowshoe  Respond to of 1293
 
Timber tariff is a mistake
(editorial from Cleveland Plain Dealer)
cleveland.com

08/20/01

What sector has been the star performer as the rest of the U.S. economy has slowed to a crawl? The answer is housing, where July starts were up nearly 3 percent to a near-record 1.67 million.

Perhaps that's why President George W. Bush's administration thinks it can get away with slapping a punitive tariff increase of nearly 20 percent on Canadian lumber. After all, in a Senate where securing the votes of lumber-state Democrats and less-than-enthusiastic big-woods Republicans is a presidential priority, what's the tariff's cost - another thousand dollars or so per structure - on the backs of home buyers and other construction interests?

That's a curious approach for a president who proclaims his support of both free trade and NAFTA, considering that the softwood lumber tariff is a direct violation of both the spirit of the former and the letter of the latter.

For years, some U.S. lumber producers have claimed that Canada unfairly subsidizes its lumber industry, which exports about 18 billion board-feet to this country each year. The facts, according to various independent studies, are that the two countries account costs differently. While Canada makes its forests available to loggers at costs lower than U.S. producers must meet, the U.S. Forest Service spends lots of taxpayer dollars - $126 million in 1998 alone -underwriting its domestic lumber industry.

The ultimate cost of this piece of protectionist interference could be far, far greater than Bush has calculated. For openers, the wholesale price of framing lumber shot up 5 percent this week, an anticipated reaction to the constrictive tariff. And that is raising fears among some in the construction industry, who already see a bubble forming in housing prices, that the tariff might be the straw that pierces the market.

But of much larger concern should be the anger with which Canadians are receiving the news. Softwood exports form a fourth of British Columbia's export market, and represent tens of thousands of jobs across the country. Canada had some reason to expect Bush to do away with the tariff, as many of his economic advisers had recommended. Instead, he raised it from 15 percent to 19.3 percent.

Retaliation is blowing in the northerly winds. Canada controls trillions of cubic feet of natural gas and has the capacity to generate millions of megawatts of electricity craved by U.S. consumers. "They can not demand unfettered access to energy while at the same time slamming the door on our lumber," warned Gordon Wilson, British Columbia minister of forests, in the Seattle Times. Without that Canadian energy, said a former timber company executive in the Vancouver Sun, the United States had best "learn to speak Arabic and read by candlelight."

As these words show, if Bush insists on pursuing this ill-considered tariff he may trigger a trade confrontation far larger than he anticipates. He would be well advised to rethink its ramifications before it is finalized in December.



To: Snowshoe who wrote (73)8/23/2001 9:13:03 PM
From: marcos  Respond to of 1293
 
Oh yes, sleazeball FO politicians are not entirely unknown here as well [but what an inconvenient time to bring that up] .... however we have much higher forms of life, such as wetcoastis loggerensis, whose sprightly call enlivens these sidehills -

i'm a lumberjack
and i'm oak, eh
i type all night
and i work all day
i cut down trees
i eat my lunch
i go to the lavor'try
on wednesdays i go shopping
and have buttered scones for tea
i cut down trees
i skip and jump
i like to press wild flowers
then put on beavers' clothing
and start fist-fights in bars

Family Compact - brings to mind the Mac-Paps of 1937, volunteers against the sadly successful FO conquest of Spain ... lots of non-FOs from both sides of the 49th involved together, there were two US brigadas as well, 'Lincoln' and 'Washington' .... together in the third battalion, common bond being much more than a common language imho - guerracivil.org

Fast forward to today and only the place names have changed really, the Bushistan FOs are trying to rip off british columbians for their land ...... but look - *breaking news* - maybe their greenback will bounce - itulip.com



To: Snowshoe who wrote (73)8/23/2001 11:50:28 PM
From: LeonardSlye  Read Replies (1) | Respond to of 1293
 
Yeah, the good old "Family Compact" what a bunch that was.

I wonder if you've ever read this book: the "Vertical Mosaic" socsci.mcmaster.ca It gives a good view (if you can use the term "good" in that context) of social inequalities and the FOs in Canada. A look at the cover still gives me the creeps. It has been required reading in many a sociology class since it came out in 1965.

Actually, ya know, some of us are still revolting against the British LOL.

Happy Trails
Lenny