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Elwood P Dowd

(11,443 posts) Fri Jun 27, 2014, 11:20 PM Jun 2014

Desperate to pass TPP, Obama's Administration wants to change the way trade in manufactured goods [View all]

is calculated. The new trick is to classify products made by US companies in China (and other countries) as "factoryless goods". Then when they are exported back to the US, they are not counted as foreign manufactured imports. If they are shipped from China to Europe, they are considered manufactured exports from the US to Europe. This will magically change our massive trade deficit, and make it easier to sell more job killing trade legislation such as TPP and TAFTA.

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Desperate to pass TPP, Obama's Administration wants to change the way trade in manufactured goods [View all] Elwood P Dowd Jun 2014 OP

I "hope" that was the kind of "change" you were looking for villager Jun 2014 #1

Link, please? enlightenment Jun 2014 #2

I was notified a few minutes ago via email from Public Citizen's Trade Watch. Elwood P Dowd Jun 2014 #3

Does "some in administration" mean this is official Obama policy? Hoyt Jun 2014 #4

Don't know, but some, including Obama, keep pushing this TPP crap Elwood P Dowd Jun 2014 #5

Don't really see Obama is "pushing" it. His admin is involved in talks, as well they should be. Hoyt Jun 2014 #7

BWAH HA HA HA HA HA HA HA HA HA HA HA woo me with science Jun 2014 #10

War is peas nationalize the fed Jun 2014 #15

War is Peas. Free Trade is Slavery. woo me with science Jun 2014 #24

Scoot over madokie Jun 2014 #25

The TPP is not "the drop of a hat." It is a deliberate, corporate targeting of jobs, wages, and woo me with science Jun 2014 #26

Sorry, posted in wrong place. Hoyt Jun 2014 #39

Thank you, Elwood P. enlightenment Jun 2014 #27

Here a link describing the administration's new rule. pa28 Jun 2014 #28

very hard to believe BootinUp Jun 2014 #6

+1. Hoyt Jun 2014 #8

Plenty of evidence this proposal is making the rounds. Elwood P Dowd Jun 2014 #9

Thank you for this information. It looks like the proposal is on record from the OMB. woo me with science Jun 2014 #14

Thanks for posting this. newfie11 Jun 2014 #20

On what planet is another corporate assault from this administration "hard to believe"? nt woo me with science Jun 2014 #13

Earth. And Welcome. BootinUp Jun 2014 #16

The predictable defense of *anything* this president ever does comes quickly and reliably, woo me with science Jun 2014 #21

No, it's very clearly outlined in the OMB proposal right here. pa28 Jun 2014 #32

This is not about trade deficits, this is about ensuring everyone is using the BootinUp Jun 2014 #33

Facts from the OMB's own document are misinformation now? pa28 Jun 2014 #34

Whoever's interpretation you bought is spreading bullshit. BootinUp Jun 2014 #35

I read the rule proposal and the interpretation seemed very accurate. pa28 Jun 2014 #36

All it says is that factoryless companies need a new ID so everyone counts them correctly. BootinUp Jun 2014 #37

TPP - China wants in, says its man in Wellington DJ13 Jun 2014 #11

This vicious assault on Americans will be consummated by force *and* manipulation. woo me with science Jun 2014 #12

Freemarket Magic™ GeorgeGist Jun 2014 #17

Right along the lines of shrub Populist_Prole Jun 2014 #18

+10000 It's insulting as hell. This is a Republican-style move, it is so greasy. woo me with science Jun 2014 #22

I am so disappointed in Obama regarding TPP and TAFTA emsimon33 Jun 2014 #19

Americans need to be furious, not disappointed. woo me with science Jun 2014 #23

You have a talent for writing! emsimon33 Jun 2014 #29

This needs more "recommendeds" as it is critical information emsimon33 Jun 2014 #30

Obama has been trying to sell/justify TPP with the slogan "stamp made in America" on more things. pa28 Jun 2014 #31

More on "Factoryless Goods" From the International Association Of Machinist Workers Elwood P Dowd Jun 2014 #38

It would help if those who see this as a great conspiracy read this. Hoyt Jun 2014 #40

a kick and a rec BelgianMadCow Jun 2014 #41