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Old 03-06-2002, 03:07 PM   #1
Dramnek_Ulk
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President Bush has just levied a tariff upon imported steel; this contravenes all the free market rhetoric he's been going on about. It's purely a political thing to gain him votes and funding, so once again we see the evils of unrestrained capitalism. It just makes me glad I live in the slightly less corporately dominated E.U (although that’s not a picture of virtue either.) But of course in the end they are all hypocrites, as long as they are doing well business love the free market, but as soon as they get into trouble all their ideology goes out the window and they go running for the governments protection. Boo! hiss! down with Bush and the free market, Its bad, its all bad.
 
Old 03-06-2002, 03:28 PM   #2
MagiK
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quote:
Originally posted by Dramnek_Ulk:
President Bush has just levied a tariff upon imported steel; this contravenes all the free market rhetoric he's been going on about. It's purely a political thing to gain him votes and funding, so once again we see the evils of unrestrained capitalism. It just makes me glad I live in the slightly less corporately dominated E.U (although that’s not a picture of virtue either.) But of course in the end they are all hypocrites, as long as they are doing well business love the free market, but as soon as they get into trouble all their ideology goes out the window and they go running for the governments protection. Boo! hiss! down with Bush and the free market, Its bad, its all bad.


Umm what free market stuff are you refering to?? I believe NAFTA was done during the previous administration....
 
Old 03-06-2002, 03:30 PM   #3
MagiK
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quote:
Originally posted by Dramnek_Ulk:
President Bush has just levied a tariff upon imported steel; this contravenes all the free market rhetoric he's been going on about. It's purely a political thing to gain him votes and funding, so once again we see the evils of unrestrained capitalism. It just makes me glad I live in the slightly less corporately dominated E.U (although that’s not a picture of virtue either.) But of course in the end they are all hypocrites, as long as they are doing well business love the free market, but as soon as they get into trouble all their ideology goes out the window and they go running for the governments protection. Boo! hiss! down with Bush and the free market, Its bad, its all bad.


By the way, Steel Tarrifs will do wonders for US steel companies, about damn time the US decided to take care of its own for a change.
 
Old 03-06-2002, 03:32 PM   #4
MagiK
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You don't list what country you are from Dramen, want to compare a list of tarrifs?? US goods seem to always be subject to rather stiff tarrifs...so why isnt it good for the goos if it is good for the gander?
 
Old 03-06-2002, 05:46 PM   #5
ʆë®Ñï†Ý
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Taking a stab of a guess at what Dramnek means. Maybe he means, if the U.S.A government is not keeping to it's ideology then it shouldn't try to force other countries to conform to it's ideology? *gglz and wonders about democracy* I just wanna live in my lil' blue bubble ~noddz~

~blinkz~ *confuddled look* and I was wondering... when did the U.S. not take care of it's own?

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Old 03-06-2002, 06:33 PM   #6
skywalker
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No big surprise...I agree with Dramnek_Ulk on this issue. [img]smile.gif[/img]


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Old 03-06-2002, 07:00 PM   #7
Rolla ZE
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You are either for free trade or against it. Bush is a hypocrite, plain and simple.
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Old 03-06-2002, 07:04 PM   #8
khazadman
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this is a bad move by bush.he should never have imposed tarriffs on imported steel.this will hurt the people who buy steel(construction,ship building,and so on).
the reason u.s. steel costs so much is the fact that their union workers make almost forty dollars an hour.they make almost twice what other industrial workers make for comparable work.where do you think the cost is going to be made up?the other reason for the cost of steel is many countries subsidize their steel companies,thus they have artificially low prices.
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Old 03-06-2002, 07:13 PM   #9
skywalker
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Just wait and see what tariffs other goverments put in place against us because of this. There is always a balance. Some other industry will be hurt by this.

We subsidize the steel industry because the companies do not know how to make steel cheaper.

The missing part of this Bush "gift" was that the steel industry wants the government to pony up a portion of the pension bill that bankrupt steel companies can't afford to pay. And it's these promised pension benefits that are keeping those bankrupt companies from reorganizing.

Mismanagement, plain and simple.

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Old 03-06-2002, 07:49 PM   #10
Azred
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quote:
Originally posted by Dramnek_Ulk:
President Bush has just levied a tariff upon imported steel; this contravenes all the free market rhetoric he's been going on about. It's purely a political thing to gain him votes and funding, so once again we see the evils of unrestrained capitalism. It just makes me glad I live in the slightly less corporately dominated E.U (although that’s not a picture of virtue either.) But of course in the end they are all hypocrites, as long as they are doing well business love the free market, but as soon as they get into trouble all their ideology goes out the window and they go running for the governments protection. Boo! hiss! down with Bush and the free market, Its bad, its all bad.


Votes? [img]graemlins/1ponder.gif[/img] For what? Bush doesn't need votes; he's in office for another 2 years.

"The evils of unrestrained capitalism"? What of the evils of unrestrained socialism? Or unrestrained communism? Or unrestrained anything? Capitalism (or socialism, communism, etc.) is not, in and of itself, evil; it is simply a social/political theory and nothing more. Besides, there has never been any unrestrained capitalism in the history of the world; government always sets limits, controls, and/or taxes of some sort.

Are politicians hypocrites? Well, if they aren't then they probably wouldn't be elected. Why do people have this fairy-tale notion that politicians should never change their minds or never do anything to get reelected? Oh, well. Politicians have always and will always do expedient things or make deals with others to try and get their own little pet projects done; it is the nature of politics to make deals, not be ideologically inflexible. Or am I just cynical?

In general, though, tarriffs are almost always a bad idea. They restrict trade, which ultimately increases prices and reduces competition.
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