Washington, D.C. - October 1, 2017 (The Ponder News) -- Congressman Walter B. Jones (NC-3) is continuing to push the federal government to protect American financial markets from communist China. Twice in the past year, Congressman Jones has sounded the alarm with the U.S. Securities and Exchange Commission (SEC) about the proposed takeover of the Chicago Stock Exchange (CHX) by a Chinese firm – Chongqing Casin Enterprise Group (CCEG). On August 9th, 2017, the SEC put the deal on hold pending further review. Last week, Congressman Walter B. Jones (NC-3) and 17 of his congressional colleagues wrote to the leaders of the commission to thank them for their delay of the proposed takeover, and to again ask them to ultimately block it.
“Stopping this deal is just common sense,” said Congressman Jones. “Why would America ever give communist Chinese a key piece of our financial markets?”
The letter specifically states, “…this transaction would expose our markets to new vulnerabilities as a result of potential undue and unnecessary state influence from the Chinese government. Public trust in the integrity and security of our financial markets is the bedrock of our national security, and it will be impossible for the SEC to fully monitor Chinese government involvement or manipulation over the Chicago Exchange.”
Congressman Jones has consistently fought against the efforts of communist China to buy strategic American businesses. In 2013, Congressman Jones fought the Chinese purchase of Smithfield Foods, Inc., the world’s largest pork producer and processer. Despite his efforts, the merger was finalized and was the largest-ever acquisition of an American corporation by a Chinese company.
The Unpopular Truth
Showing posts with label China. Show all posts
Showing posts with label China. Show all posts
Sunday, October 1, 2017
Monday, September 25, 2017
Weiner And Lasky: Trump Right On China The First Time, Article In LaborPress
Source: Robert Weiner Associates and Solutions for Change
Washington, D.C. - September 25, 2017 (The Ponder News) -- In a "National Report from Washington" the first in a monthly series by Robert Weiner and Ben Lasky in LaborPress, Robert Weiner, a former Clinton and Bush White House spokesman, and Ben Lasky, senior policy analyst at Robert Weiner Associates and Solutions for Change, assert that President Trump was "right on China the first time" in disciplining China on trade violations, and the U.S. received no major benefit from China concerning North Korea. Instead, after deflating the honest assessment of China's trade practices to get the Chinese government to use leverage on the DPRK (Democratic People's Republic of Korea), North Korea produced "missile launches, an H-bomb, and a dead prisoner," Weiner and Lasky state.
The article is entitled, "Trump Right on China the First Time". Click HERE to read it.
Tuesday, July 25, 2017
Hamilton Crawford: No Agreement in China/US Trade Talks
Shanghai - July 25, 2017 (The Ponder News) -- Hamilton Crawford: Bilateral talks held in Washington D.C. between U.S. and Chinese trade delegates have concluded without reaching an agreement. Both sides failed to issue a joint statement or a plan of action for future talks and a scheduled joint press conference was canceled.
The U.S. has been highly critical of China's $347 billion trade surplus and have been demanding fairer trade that gives its exporters access to Chinese consumers as well as seeking to address the contentious issue of cheap Chinese steel being dumped on global markets, depressing prices and hurting U.S. steel exporters.
"We don't think anyone had any serious hopes that significant headway would be made at such an early stage but the fact that the joint press conference was canceled suggests there are some significant obstacles for both sides to overcome," explained a senior market strategist at the Shanghai-based investment house, Hamilton Crawford.
President Trump, who was highly critical of China's trade policies during his election campaign, told a reporter that the trade tariffs he has frequently alluded to in rhetorical tweets and statements "could happen."
"Mr. Trump has a penchant for bluster so we don't expect the U.S. to impose tariffs on Chinese goods especially if he wants their help in dealing with errant North Korea," added the Hamilton Crawford strategist. "We have an optimistic view of the future for trade between these two economic powerhouses and expect good news from future meetings."
In May this year, the U.S. and China reached agreement on a deal that grants credit ratings and credit card companies access to the Chinese market while China lifted its ban on U.S. beef and began accepting LNG (Liquefied Natural Gas) shipments.
The U.S. has been highly critical of China's $347 billion trade surplus and have been demanding fairer trade that gives its exporters access to Chinese consumers as well as seeking to address the contentious issue of cheap Chinese steel being dumped on global markets, depressing prices and hurting U.S. steel exporters.
"We don't think anyone had any serious hopes that significant headway would be made at such an early stage but the fact that the joint press conference was canceled suggests there are some significant obstacles for both sides to overcome," explained a senior market strategist at the Shanghai-based investment house, Hamilton Crawford.
President Trump, who was highly critical of China's trade policies during his election campaign, told a reporter that the trade tariffs he has frequently alluded to in rhetorical tweets and statements "could happen."
"Mr. Trump has a penchant for bluster so we don't expect the U.S. to impose tariffs on Chinese goods especially if he wants their help in dealing with errant North Korea," added the Hamilton Crawford strategist. "We have an optimistic view of the future for trade between these two economic powerhouses and expect good news from future meetings."
In May this year, the U.S. and China reached agreement on a deal that grants credit ratings and credit card companies access to the Chinese market while China lifted its ban on U.S. beef and began accepting LNG (Liquefied Natural Gas) shipments.
Thursday, July 20, 2017
Made In America Week ....(and more...)
From the House of Representatives
Grijalva Signs Resolution of "No Confidence" Against Trump, Declares Him "Utterly Unfit" to Serve As President
Raul Grijalva (D-AZ, 3rd)
July 20, 2017
Congressman Raúl M. Grijalva (D-AZ) released the following statement after signing a resolution of “no confidence” in Donald Trump’s fitness to serve as President of the United States. Amongst other grievances – including Trump’s suppression of the Press, verbal assaults on women, and violation of the Emoluments Clause - the resolution addresses Trump’s troubling connections to the Russian Government during the 2016 presidential campaign. The resolution also comes after reports that Trump held a secret second meeting with Russian President, Vladimir Putin during the recent G-20 summit as well as new revelations that an eighth person with deep Russian business ties attended the June 2016 meeting between Donald Trump Jr. and a Russian attorney connected to the Kremlin.
Read more...
There is an old addage that says "If you keep looking for something wrong with someone long enough, you will find it. So, stop the witch hunt and you might gain more confidence. Of course, since he is not a lefty liberal, I'm sure there is nothing you will like about him. You guys have already made it clear that you will not work with anyone who isn't. Personally, I have no confidence in you because of that.
Grothman to Appropriators: Defund Anti-American Area Studies Programs in Higher Education Act
Glenn Grothman (R-WI, 6th)
July 20, 2017
“… at too many Title VI centers across the country, academic diversity is severely lacking, with many centers using the young, malleable minds of college-aged students as a one-sided sounding board for professors’ anti-American and anti-Semitic political agendas. These professor’s significant biases seep into how their students approach their academic course of study and prevent students from being exposed to alternative viewpoints—perspectives that often reflect the positive aspects of long-practiced and accepted American foreign policies and norms.
Read more...
It's about time someone start focusing on how our young men and women are being affected by these rogue professors.
During ‘Made in America' Week, Guthrie Votes to Improve Energy Infrastructure, Create Jobs
Brett S. Guthrie (R-KY, 2nd)
July 20, 2017
Congressman Brett Guthrie (KY-02), a senior member of the House Committee on Energy and Commerce, voted for two bills to improve energy infrastructure in the United States, the Promoting Cross-Border Energy Infrastructure Act (H.R. 2883) and the Promoting Interagency Coordination for Review of Natural Gas Pipelines Act (H.R. 2910).
Read more...
GUTIÉRREZ REACTS TO SENATE INTRODUCTION OF NEW DREAM ACT
Luis Gutierrez (D-IL, 4th)
July 20, 2017
On Thursday, Sen. Lindsey Graham (R-SC) and Sen. Dick Durbin (D-IL) introduced a new version of the DREAM Act (an acronym for Development, Relief, and Education for Alien Minors). The President has pledged, through a spokesperson, to fight this bipartisan legislation that would allow immigrants who were brought to the U.S. as children to live and work here legally if they meet certain criteria. This happens as the DACA program (Deferred Action for Childhood Arrivals, the program that provides temporary deportation relief for Dreamers and allows them to work legally) is under attack by Republican leaders and it is clear the President and his team are unlikely to defend it. This could make the 800,000 people who would qualify for the DREAM Act and who currently have DACA vulnerable to deportation, especially because they have registered with federal authorities as part of the program.
Read more...
Hartzler Introduces Bill to Protect Subsidized Housing from Smoke Damage
Vicky Hartzler (R-MO, 4th)
July 20, 2017
Congresswoman Vicky Hartzler (R-MO) introduced the Smoke Free Affordable Housing Act (HR3322) today to encourage subsidized housing developers to maintain a healthy environment for residents while protecting the subsidized property from expensive smoking related remediation costs. The federal government is investing billions of dollars every year in subsidized housing only to see many properties seriously degraded by smoke damage within only a few years. The Smoke Free Affordable Housing Act would incentivize subsidized housing developers to establish and maintain smoke-free policies to create a healthy environment for residents and protect the investment of hardworking taxpayers.
Read more...
Congressman Higgins Says Proposed 2018 Federal Budget is a Vehicle to Take from Hardworking Americans & Give to the Wealthy
Brian Higgins (D-NY, 26th)
July 20, 2017
Congressman Brian Higgins (NY-26), a member of the House Committee on the Budget, objected to the Fiscal Year 2018 budget resolution introduced by House Republicans this week which slashes Medicare and fails to invest in the growth of the American Economy.
Read more...
Higgins Issues Statement on U.S. - China Rice Agreement
Clay Higgins (R-LA, 3rd)
July 20, 2017
“The best rice in the world is grown in the heart of Acadiana, with Louisiana rice farmers already contributing more than $700 million to the state’s economic output each year. Expanding rice exports, while ensuring that Louisiana farmers are competing on a level playing field, supports thousands of jobs and generates much-needed economic activity in rice country. I’m glad to see Secretary Perdue and officials at USDA announce the opening of this new market, and I’m confident that Louisiana rice farmers are poised to strengthen our state’s position as one of the world’s leading rice exporters.”
Read more...
Hill Reaffirms Commitment to Enhancing American Energy Resources
French Hill (R-AR, 2nd)
July 20, 2017
“We’re working hard to implement American energy policies that boost our energy independence, benefit consumers, protect our environment, and preserve our natural resources. The common sense bills we passed this week remove unnecessary red tape and provide flexibility to our states—creating jobs, moving towards energy independence, and promoting a strong national energy policy. Enhancing our energy resources across Arkansas and the nation will greatly increase jobs and benefit hardworking Americans.”
Read more...
Wednesday, April 5, 2017
China
Trump reverses stances on China as currency manipulator, Ex-Im Bank
Politico
April 12, 2017
During his presidential campaign, Trump said he would designate China as a currency manipulator on the first day of his presidency to “force China to the negotiating table.” And he criticized Yellen last year precisely because she kept interest rates low, accusing her of keeping rates “artificially low” to boost the economy and help President Barack Obama.
Read more...
Casey: President Trump’s Summit with China’s President Was “All Talk, No Action” on China’s Trade Cheating
Senator Robert P.Casey, Jr. - (D - PA)
April 8, 2017
“During his summit with President Xi, President Trump failed to hold China accountable for its cheating on trade. Earlier this week, I led a letter with several Senators to President Trump identifying specific areas where China is cheating on trade and asking him to finally hold China accountable. Unfortunately, this summit was all talk and no action when it comes to China’s cheating on trade."
Read more...
U.S. SENATOR TAMMY BALDWIN CALLS ON PRESIDENT TRUMP TO HOLD CHINA ACCOUNTABLE ON TRADE DURING UPCOMING SUMMIT
Senator Tammy Baldwin - (D - WI)
April 5, 2017
“Since joining the World Trade Organization in 2001, China has consistently failed to comply with its international trade obligations. And workers across the U.S., including workers in our home states, have paid the price. You pledged to support American workers and go after trade cheaters, and we hope you take this opportunity with your first one-on-one meeting with Chinese President Xi to keep this promise to American workers and strongly affirm these priorities.”
Read more...
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