President Obama has no experience in business, yet he continues to try to pick winners and losers in commerce. One of the largest trade pacts in the history of the world is just one such example.
It is hard to say who will win and who will lose with that trade deal because most of it is being kept secret, with no chance for the public or U.S. businesses to comment or object since the negotiations are being held in secret, which is not a surprise from the “most transparent administration in history.”
This is the same kind of nonsense that happened with the nuclear weapons pact with Iran, which turned out to be a gigantic giveaway by the U.S. to the Iranians, with the mullahs now ignoring virtually all aspects of the agreement and still calling for death to America. Obama is one crafty negotiator.
Obama and his administration is also as corrupt as they come and he and his cronies should all be sharing a jail cell instead of the White House. An example of the kind of dishonest, insider dealing from the administration comes from New Balance shoes.
Insider wheeling and dealing with New Balance, page 2:
76% of people receiving SNAP benefits are working households with children.
Fantastic. Now I know what Facebook page to visit for my daily dose of stupidity.
Of all, and I do mean all the crooked$#%&!@*presidents, you want to call for Obama’s head. How shady is that??
1994, New Balance manufactured 70 percent of its shoes in the United States. In 2006, New Balance stated on its customer help site that “approximately 25% of the New Balance shoes sold in North America are Made in the USA and we will continue domestic manufacturing.” According to Fortune in 2006, “About 70 percent of its shoes are now made in China and the other 5 percent in Vietnam.”
Raise your hand if you think Nike or Adidas will be lowering their prices if the TPP eliminates the tariffs currently paid on their shoes?
Oh, and New Balance pays those tariffs too. They’ll benefit from the TPP just like others do… and nobody will pass those savings on to the consumer.
https://en.m.wikipedia.org/wiki/New_Balance
Congress is just as guilty!
You all make no sense; if Obama had seriously done a criminal act, ANY criminal act, they would’ve convened a trial quick, fast, and in a hurry. Remember, BEFORE this body became so polarized, they had Pres. Clinton on so many issues it wasn’t funny, and they didn’t have nearly as much animosity toward him as they do Obama. They haven’t put him on trial because they know there’s no reason to do so.
They’re “delaying” purchase because forcing service members to buy a particular brand of running she is stupid.
Michael Jenkins your so full of$#%&!@*it isn’t even funny!
This man is a piece of garbage
Shoes from Nam are a piece of s–t like obama