Barry's ObamaNation

Last February, with regards to U.S. Steel this was Obama's stance on protectionism:

 "I want to see what kind of language we can work on this issue. I think it would be a mistake, though, at a time when worldwide trade is declining, for us to start sending a message that somehow we're just looking after ourselves and not concerned with world trade."   Obama, February 4, 2009

 The E.U. and major steel users in the US were able to dissuade Obama from following through with the idea of only using US manufactured steel in the 'rebuilding' of America with his stimulus program.
      

Their thinking was, that in the end, if we were to shut out the world's contribution of steel for these projects, that the increased costs of other  products, from those countries who were locked out, would more than offset any gain or benefit to the U.S. by excluding them from competing with domestic suppliers. 

All in all, with the entire world, not just the U.S. going through hard times, it was a good idea to stop him. It may have avoided a trade war. 

Well from what I read today in Reuters, Obama is a slow learner.

Also, his intelligence may in question considering what he did this past Friday.

In an effort to squeeze out Chinese rubber, Obama signed an increase in the tariffs China is to pay for the importing of tires to the U.S.

Remember who China is?

They are the ones who Hillary goes to see, when Obama wants more money. They are the ones, who Obama has borrowed more from than any other country. They hold so much paper, that if they ever decided to cash in, they would basically own the U.S.

And, Obama is playing games with them?
 

How many items do we import from China? 

How many of those items, do you think China is going to increase the cost of in order to offset the increased duties?

And if you chose to buy Chinese tires, how much do you spend on them in a year? $400, $800, $1000?.

On the other hand how much do you as a family, spend on other Chinese made products in a year?

Well, in the following story by Chris Buckley and Doug Palmer of Reuters, you will see how upset China is.

The Kings of the East are upset with America, and America continues its downward spiral into world wide insignificance.

Here is the Story

Here is a PDF back up of the story

Here is a PDF of Obama wanting only U.S. Steel
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