Canada talks tough on 'Buy American'
- Thread starter Tyr
- Start date
What is humorous about all this is that a thread was started a week or so ago about a US Company getting the contract to make Canadian Military vehicles. Many here went ape s**t about the US getting the contract over Canadian companies. Some saying that Canada should buy Canadian and that Canadians should have got the contract. Now here Obama is saying Buy American and the same folks are flipping out and talking about an oil embargo! :roll:
Getting your oil elsewhere would only make Canada search for a new buyer. That would take all of 5 minutes. Unlike the US, there are lots of countries looking to access oil from politically stable and dependable countries.
5 minutes? Highly unlikely. Instead of pumping it or trucking it across the border you would have to ship it overseas. That would mean higher prices. Say goodbye to your profit margin.
Then we can start tapping into our own oil fields and start drilling as we should have been all along.
You will when you get the invoice... we wouldn't be delivering groceries.
Shipping costs BIG MONEY... money that Canada hasn't had to spend.
Obama will cave in anyways. I am sure he will remove that clause. The whole stimulus package is turning out to be a disaster to begin with. If he keeps this up he is out in four years.
You'd see it as that from your side of the line. From this side, the point was our Prime Minister farmed out work that Canadians need to the United States AFTER winning an election on a "there will be no recession" lie ... and after a previous Conservative government Free Traded good-paying Canadian Industry with Reagan for minimum wage franchises. Yes, it was protectionism ... out of BOTH necessity and disgust.
"Buy American" reaction from Canada will amount to bugger all as long as there is a Tory in the drivers' seat.
I also see this Buy American talk as just talk. Things will plug along per usual. Maybe a token gesture or a feel good story about how a US company got to make a toy that is typically made in Taiwan.
I don't know Eaglesmack. The sales pitch by the CNN news service is definitely
slanted towards this "Buy American" clause. Influence enough people with
one side of an issue (how many like you seek the other side of a story?) &
public support will follow the propaganda. Check this out.
Video - Breaking News Videos from CNN.com
CNN is openly mocking anyone with an opposing viewpoint, which isn't
much of an encouragement to anyone to seek out and educate themselves
on the history of the protectionism that lead to the Depression in the 30's,
or to listen to what much of the rest of the Globe is saying about this.
Canada isn't going to turn off any imaginary Oil or Water valve, or throw
an imaginary power switch on Hydro power, but if the USA passes this
Bill, and other countries retaliate like they've already stated the would....
We're going down with you 'cuz America is our largest trading partner, &
that's making many here very nervous.
slanted towards this "Buy American" clause. Influence enough people with
one side of an issue (how many like you seek the other side of a story?) &
public support will follow the propaganda. Check this out.
Video - Breaking News Videos from CNN.com
CNN is openly mocking anyone with an opposing viewpoint, which isn't
much of an encouragement to anyone to seek out and educate themselves
on the history of the protectionism that lead to the Depression in the 30's,
or to listen to what much of the rest of the Globe is saying about this.
Canada isn't going to turn off any imaginary Oil or Water valve, or throw
an imaginary power switch on Hydro power, but if the USA passes this
Bill, and other countries retaliate like they've already stated the would....
We're going down with you 'cuz America is our largest trading partner, &
that's making many here very nervous.
I will take heat for this but CNN and all the major US News Media takes the word of Obama as Gospel. They helped get him elected and I can see how they would openly mock anyone who opposes what he says. Obama is their guy.
He appoints two crooks to his cabinet and they mutter hardly a word. Only talk radio is speaking out... which is why liberals want talk radio silenced.
The "Buy American" talk has always been just that. Those days are pretty much gone as there is very little "American" to be bought.
He appoints two crooks to his cabinet and they mutter hardly a word. Only talk radio is speaking out... which is why liberals want talk radio silenced.
The "Buy American" talk has always been just that. Those days are pretty much gone as there is very little "American" to be bought.
LMAO... Those would sell like HOT CAKES! Even if there was a "Made in Canada" printed on the bottom.
As I understand it, NAFTA ensures that Canada can't sell Oil to America
for any more $$$ than it sells oil to itself, and Canada can't reduce the
supply of oil to America unless it reduces its own supply domestically to
itself on an equally proportional basis.
Canada and the USA pay the same for oil from Canada, but it seems much
more expensive in Canada as we pay much higher taxes attached to oil and
its derivative products in Canada. As long as NAFTA stands, the agreements
I've described here stand.
Obama Is Right The World Is Wrong
We all pay taxes to the government and they provide services to run the country.
Businesses provide services and goods to help run the government, which they pay for with taxpayer’s dollars.
Government stimulus spending is welfare for the countries businesses.
The taxpayer has the right to tell the government how they want their taxes to be spent.
In the world the economic crash is happening because consumers are becoming greedy by choice and by fear they are not spending as much as before so the economic engine is slowing down.
The consumers have decided to put their money in the bank and keep it until they really need it.
Government infrastructure spending is a temporary solution because when the money dries up or all the money is spent the economic situation goes back to what was before and people will stop spending.
This situation could have been avoided if the government of yesteryear didn’t pressure the banks to make credit available to riskier customers who had a habit of not paying their bills on time or not paying at all.
The government also let the banks get into the investment and insurance business.
I was watching Squeezeplay an investment show on the Business News Network and Kevin O'Leary one of the hosts said that the banks put back their lending policies like it was in the 1950s and 1960s where only the people that had a history of paying their bills on time would get loans.
Government stimulus is designed to help the taxpayers get up and working so the government can get their money back in the taxes that the newly worker pays.
If the government buys manufactured goods from another country it’s defeating the purpose of stimulus program.
The governments of the world entered into global economy agreement that says no protectionism.
In America, President Obama has a stimulus bill going through the Senate that has a Buy America clause in there that is ready to spark a trade war against America.
If President Obama wanted to avoid a trade war he just has to change the wording of the bill to 85%-90%
Buy America that will take this bill out of the protectionist territory.
The government also has to enforce their anti-dumping laws which according to the United Steelworkers China breaks on a regular bases.
I hope our Prime Minister can bring in a provision on their stimulus when they are bailing out Canadian businesses that includes an 85%-90% Buy Canada, which will bring jobs back to Canada.
With the Conservative government one can only hope.
[merged by admin from a new thread]
We all pay taxes to the government and they provide services to run the country.
Businesses provide services and goods to help run the government, which they pay for with taxpayer’s dollars.
Government stimulus spending is welfare for the countries businesses.
The taxpayer has the right to tell the government how they want their taxes to be spent.
In the world the economic crash is happening because consumers are becoming greedy by choice and by fear they are not spending as much as before so the economic engine is slowing down.
The consumers have decided to put their money in the bank and keep it until they really need it.
Government infrastructure spending is a temporary solution because when the money dries up or all the money is spent the economic situation goes back to what was before and people will stop spending.
This situation could have been avoided if the government of yesteryear didn’t pressure the banks to make credit available to riskier customers who had a habit of not paying their bills on time or not paying at all.
The government also let the banks get into the investment and insurance business.
I was watching Squeezeplay an investment show on the Business News Network and Kevin O'Leary one of the hosts said that the banks put back their lending policies like it was in the 1950s and 1960s where only the people that had a history of paying their bills on time would get loans.
Government stimulus is designed to help the taxpayers get up and working so the government can get their money back in the taxes that the newly worker pays.
If the government buys manufactured goods from another country it’s defeating the purpose of stimulus program.
The governments of the world entered into global economy agreement that says no protectionism.
In America, President Obama has a stimulus bill going through the Senate that has a Buy America clause in there that is ready to spark a trade war against America.
If President Obama wanted to avoid a trade war he just has to change the wording of the bill to 85%-90%
Buy America that will take this bill out of the protectionist territory.
The government also has to enforce their anti-dumping laws which according to the United Steelworkers China breaks on a regular bases.
I hope our Prime Minister can bring in a provision on their stimulus when they are bailing out Canadian businesses that includes an 85%-90% Buy Canada, which will bring jobs back to Canada.
With the Conservative government one can only hope.
[merged by admin from a new thread]
Last edited by a moderator:
My original thread was Obama Is Right The World Is Wrong and they mreged me with this thread with no explanation
I wonder if the administrator bothered to read it.
I wonder if the administrator bothered to read it.
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Opposition to "Buy American" provisions in Congress's economic stimulus package continued to build in Washington on Tuesday, with the nation's oldest industrial trade association warning the measure will "backfire" on American workers.
In a letter to Senate leaders, the National Association of Manufacturers (NAM) said legislation requiring only U.S.-made products to be used in stimulus-funded projects ignores America's international trade obligations.
"Even though this section may be well intended, NAM members are very concerned that the new 'Buy-American' provisions in the bill will potentially backfire on the United States and end up harming American workers and companies across the entire U.S. economy," wrote NAM president John Engler, a former Republican governor of Michigan.
"These new rules could result in mirror-image trade restrictions abroad that would put huge amounts of American jobs and exports at risk."
The National Association of Manufacturers' members include some of America's largest corporations, including Exxon Mobil, Dow Chemical and Sony.
The lobby group's letter comes a day after Michael Wilson, Canada's ambassador to the U.S., sent his own dispatch to Senate leaders calling on lawmakers to drop the controversial clause.
An $819 billion version of the stimulus bill, passed last week in the House of Representatives, bans foreign iron and steel from being used in projects launched under the plan.
The $888-billion Senate version, however, goes even farther. It includes language requiring all stimulus-related projects use only American-made goods.
"Existing 'Buy American' laws and regulations already require the use of U.S. goods for federal projects, except in specifically defined circumstances that are consistent with our obligations under the World Trade Organization and our bilateral and regional trade agreements," Engler wrote. "The proposed provisions ignore those obligations and could trigger a global race toward protectionism that will dearly cost U.S. jobs."
In a letter to Senate leaders, the National Association of Manufacturers (NAM) said legislation requiring only U.S.-made products to be used in stimulus-funded projects ignores America's international trade obligations.
"Even though this section may be well intended, NAM members are very concerned that the new 'Buy-American' provisions in the bill will potentially backfire on the United States and end up harming American workers and companies across the entire U.S. economy," wrote NAM president John Engler, a former Republican governor of Michigan.
"These new rules could result in mirror-image trade restrictions abroad that would put huge amounts of American jobs and exports at risk."
The National Association of Manufacturers' members include some of America's largest corporations, including Exxon Mobil, Dow Chemical and Sony.
The lobby group's letter comes a day after Michael Wilson, Canada's ambassador to the U.S., sent his own dispatch to Senate leaders calling on lawmakers to drop the controversial clause.
An $819 billion version of the stimulus bill, passed last week in the House of Representatives, bans foreign iron and steel from being used in projects launched under the plan.
The $888-billion Senate version, however, goes even farther. It includes language requiring all stimulus-related projects use only American-made goods.
"Existing 'Buy American' laws and regulations already require the use of U.S. goods for federal projects, except in specifically defined circumstances that are consistent with our obligations under the World Trade Organization and our bilateral and regional trade agreements," Engler wrote. "The proposed provisions ignore those obligations and could trigger a global race toward protectionism that will dearly cost U.S. jobs."
Just ask the softwood lumber industry how solid NAFTA is and the bailout plans could be in direct violation of NAFTA, while I agree with the principle concept of NAFTA it has been proven to be nothing but a piece of butt wipe.