When you show me first that most Democrats ships jobs overseas.
Bill Clinton(D) along with Diane Fienstien(D) are the ones who lobbied to bring China into the WTO so all their Wall Street Friends can ship their work over seas and avoid having to pay more Americans higher wages.
Impact When President Barack Obama met with Chinese President Hu Jintao in 2011, officials were concerned that China was not acting in the free trade spirit it agreed to when it joined the WTO 10 years earlier. They proclaimed that China was still restricting foreign investment, avoiding national treatment of foreign firms, failing to protect intellectual property rights, and distorting trade with its government subsidies.[16] There were also complaints by various lawmakers who wanted the administration to act against what they said was China's manipulating its currency, worried that it would allow China to underprice its exports and put American and other nations' manufacturing at a great disadvantage.[17]
The U.S.-China Business Council in 2014 said that China was restricting investment in more than 100 industrial sectors, including agriculture, petrochemicals and health services, while the U.S. was restricting investment outright in just five sectors.[18] A number of senators and congressmen wanted the White House to place tariffs on some of the underpriced Chinese imports, stating that if the administration wouldn't do so, they threatened to mandate some tariffs on their own.[17]
By 2018, U.S. manufacturing jobs had decreased by almost 5 million since 2000, with the decline accelerating
An investment fund backed by the husband of U.S. Sen. Dianne Feinste in pumped millions of dollars into firms doing business in China while Feinstein was boosting expanded trade between China and the United States, The Examiner has learned. Feinstein has denied that her husband, San Francisco financier Richard C. Blum, has investments in China. In May, before she voted for a measure that normalized trade with China, she said through a spokesman that Blum had divested of his last holdings in mainland China in 1999. In response to queries for this story, Blum said he had earmarked some China assets for charity and sold others, one as recently as August. Public records show a venture capital firm backed by Blum's investment bank owns millions of dollars worth of stock in corporations doing business in China. The firm is Newbridge Capital, a joint venture between Richard C. Blum & Associates and another firm called Texas Pacific Group. It maintains an office in Shanghai for an affiliate called Newbridge Asia, public records show. And in the past two years, the firm has pumped more than $400 million in U.S. venture capital into East Asian businesses in hopes of profiting from the region's rebounding economy. At least $90 million of that - perhaps more - was invested in companies whose profits are pegged to the burgeoning mainland China market, according to the companies themselves. Two are companies headquartered in Hong Kong: Kerry Properties, a realty firm that is building highrise hotels and apartment complexes in China; and Asiacontent.com, which is establishing U.S.-style Web sites for Internet users in China. Another is IAsiaworks of San Mateo, which hopes to wire China for the
Still, Beijing got its favored trade status extended thanks in part to Feinstein. In speeches on the Senate floor and newspaper op-eds, she shamelessly spun Chinas human-rights violations, as when in 1997 she compared Beijings 1989 massacre of hundreds of young demonstrators to the 1970 Kent State shootings, calling for the presidents of China and America to appoint a human-rights commission charting the evolution of human rights in both countries over the last 20 to 30 years, that would point out the successes and failures both Tiananmen Square and Kent State and make recommendations for goals for the future. Feinstein also led efforts to bring China into the World Trade Organization in 1999, which gave Beijing permanent normal trade relations status and removed the annual congressional review of its human-rights and weapons-proliferation records. Feinstein, still among the Senates most influential China doves, travels to China each year. Joining her on those trips is her mega-millionaire investor husband, Richard C. Blum, who has seemingly benefited greatly from the relationship. Starting in 1996, as China was aggressively currying favor with his wife, Blum was able to take large stakes in Chinese state-run steel and food companies, and has brokered over $100 million in deals in China since then with the help of partners who sit on the boards of Chinese military front companies like COSCO and CITIC. China investments have helped make Feinstein, who lives in a $17 million mansion in San Francisco and keeps a $5 million vacation home in Hawaii, one of the richest members in Congress. Feinstein has insinuated that Trump is compromised by a foreign power. But its clear Feinstein has an alarming blind spot when it comes to China and national security.
Thank you for the March 28 article chronicling the conflict of interest Sen. Dianne Feinstein (D-Calif.) faces with her husbands business interests in China. It is mind-boggling that a politician cannot see this potential conflict of interest. When she is in a position to influence legislation regarding China and when her husband is in a position to profit from those decisions, thats a definite conflict. There has been much published about Chinas attempts to influence the Democratic administration by laundering illegal contributions through various Asian organizations; millions of dollars have been returned as a result. If China shows a proclivity for such tactics, whats to stop its leaders from offering Feinsteins husband lucrative business contracts to curry favor with the senator? Feinstein should excuse herself when voting in the Senate on issues relating to China or should eliminate all personal business interests in that country.
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Are you a MexiCAN or a MexiCAN'T - Johnny Depp 'Once Upon A Time in Mexico'