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Nov 15, 2009 11:30am EST
lion's share of obama's time? china. three days out of nine replicating what happened recently at the u.n. where the president of china and president obama were closeted for 90 minutes. this time allocation speaks for itself. and if there is any doubt remaining, obama's description of the u.s./chinese relationship clears it up. >> the relationship between the united states and china will shape the 21st century, which makes it as important bilateral relationship in the world. >> question. what must president obama accomplish in china this coming week? pat? >> he'll have to rebalance the trade relationship between the united states and china. the last ten years, the chinese have had a $2 trillion surplus. we've experted to them jobs, factories, money, technology, and that's one of the reasons why we've got this financial crisis and the dollar's in such trouble. what he's got to do is convince the chinese that this relationship cannot continue the way it's been with them producing everything and us consuming everything. so i think the key thing he's gonna have to do is try to convince them t
May 4, 2014 4:00pm PDT
response in the front line countries of poland and the baltics. close ties with china give germany a foothold in asia and beijing a line of influence through berlin. in fact, the increase in trade between china and germany particularly in german exports to china, has exceeded all expectations. germany is china's number one trade partner in the eu. and the top investment destination for german companies is china. based on this emerging economic between china and germany, quote, a special relationship, unquote, is now emerging. item. china needs technology and germany needs markets. structural similarities and shared economic interests are key for this emerging special relationship. item, germany's approach to china is mostly driven on the need of its exporters. germany's foreign policy is based on the idea that economic exchange will lead to political and society change in china. item, china sees germany as the most useful country for its economic development. germany is an attractive partner because germany's prom prominent role in the eu, but also because of increased german depen
Nov 16, 2014 4:00pm PST
cooperation apec summit forrum in beijing, china. here, mr. obama was able to utilize and reenforce his credentials. the u.s. president used straightforward, if not admonitory language. >> we look to china to create a more level playing field on which foreign companies are treated fairly. they can compete fairly with chinese companies. we look to china to become an innovative economy that values the protection of intellectual property rights and rejects cyber theft of trade secrets for commercial gain. >>> president obama also announced that visas for chinese citizens to travel to the united states will be extendened on a reciprocal basis from one to ten years. according to the white house, this reform means that seven years from now, china trade will then have contributed nearly $85 billion a year through the american domestic economy and has supported up to 440,000 u.s. jobs. >> question, what did president obama achieve or not achieve at the apec summit in china? pat buchanan. >> little or nothing. this was a huge triumph for the chinese. $85billion in american exports to china. they
Nov 12, 2011 12:30pm PST
, south korea, malaysia, new zealand, the philippines, singapore, thailand, taipei, hong kong, china, mexico, new guinea, chile, peru, russia, vietnam, and the u.s.a. attendees also include business leaders and academics from around the world. aggregated, these 21 nations want to be called "economy" and not "nation." they want to emphasize that asian-pacific economic economies have no political agenda, rather, they have an economic agenda, notably, trade. these collected economies present a massive volume of power. item, apec, gross domestic product, all goods and services of 21 economies, apec constitutes more than half of the total gdp of the planet, 55%. item, apec trade. of the total trade of the planet, apec economies constitute 43%. item, u.s. ex ports through apec. apec economies constitute nearly 60% of the total of the united states' export volume. worldwide, apec may soon be repositioned ahead of the european union as world's dominant economic coalition. question, is apec at this point more powerful than the european union? >> let me talk about europe, john, is clearing sec
Oct 4, 2014 12:30pm PDT
of pursuing a strategic relationship between india and the u.s. to counter china's growing influence. alongside a standing army of over 1.3 million soldiers, india has around 100 nuclear weapons. last month, india displayed a technological powers by sending a satellite to mars. president obama wants india to play a prime role in his asian pivot. for his part, mr. modi seems receptive. under the foreign policy, he calls, quote, look east, link west. modi affirmed that the u.s. and india forbilled add genuine, strategic alliance. >> i have a one word answer, yes. and with great confidence, i say yes. >> question. how much progress was made in india, u.s. relations this week? pat buchanan. >> considerable. mr. modi was on our watch list for virtually having been a war criminal when it was believed he had been indifferent to a massacre of muslims. >> how many years ago? >> that was in 2002, i think. i think he has been on that list. >> that was 12 years ago. >> he's been off it now. there is a budding relationship. where the chinese navy is. the chinese control parts of the ter
Jan 22, 2011 12:30pm PST
friendships, deepen cooperation and push forward with a positive, cooperative, and comprehensive china/u.s. relationship for the 21st century. >> china's president hu jintao and u.s. president barack obama convened this week in washington. the two leaders met for frank and friendly talks about outstanding matters of contention. >> this is our eighth meeting. together we've shown that the united states and china, when we cooperate, can receive substantial benefits. the positive, constructive, cooperative u.s./china relationship is good for the united states. >> the major disagreement is over chinese currency. the white house believes that the ren ming-be is overvalued making u.s. goods more expensive in china. some thing it is the big reason why u.s. unemployment is at 9.4%. lawmakers like new york democratic senator charles schumer insisted president obama tell president hu how frustrated americans are. >> we are fed up with your governments intransigents and currency manipulation. if you refuse to play by the same rules as etch else, we will force to you do so. >> the time for talk is ove
Jul 4, 2010 11:30am EDT
declining, the demand really getting suppressed, especially in the asian markets, china and indonesia and so on. they aren't manufacturing at the output that they once did. consumer confidence in the united states over the last week had a nearly 10 point drop and they are constantly revising down the numbers of the gdp growth and the programs that eleanor pointed out, the housing incentives, the cash for clunkers, you can call gross domestic propup because when those incentives are taken away, the economy falters again. >> mort, what's the outlook? >> i think we will have that. it will not be 6.5% drop in gdp, it might be 1.5%. nevertheless, what it -- all these numbers have to be seen, not in terms of how bad they are, but the fact that it is in the most monetary policy and fiscal policy we've ever had in the country. we had the biggest deficit. bigger than the great depression. we have the most stimulous monetary policy, yet we are barely creating jobs. the only reason why there seems to be jobs created is because there's something called the birth death series, which is jobs create
Mar 18, 2012 11:30am EDT
before the senate foreign relations committee this week to urge the united states, deal with china to end the bloody conflict in the sudan. over 19-year period, two million sudanese have been slain, with 500,000 fatalities last year alone. mr. clooney recently returned from sudan, where he saw the raw violence firsthand and took a video he made of the trip, which he showed to the senators when requested at the hearing. he told the senators one remedy that might do much to end the violence would be to involve china. the people's republic has a huge appetite for oil, and oil is plentiful in both sudan and south sudan, two new countries formed by one former country and both now officially recognized by the united nations as of last year. china's demand and world demand, including that of the united states, would produce vast returns, that would go far to relax tensions between the two nations, previously mortal enemies of each other. >> we can take this moment and engage with china i think for the first time. it seems to me we could use this opportunity this window of opportunity befo
Jul 26, 2013 8:30pm PDT
trade volume. the summit comes as vietnam's trade with china still its no. 1 trading partner is cooling. china's economy is in an incipient slump. at the same time tensions have developed between vietnam and china due to china's territorial interest off vietnam's 900-mile coast south of china's province. the united states is vietnam's second largest trading partner and also in japan prime minister minister abe won with big numbers having run on a policy with dramatically increasing japan's defense spending to counter china's military buildup. against this back drop the united states and vietnam have agreed to establish a constructive partnership on the basis of equality, mutual respect and benefits. the transpacific partnership countries are still working out the tpp trade deal. they are australia, canada, chile, japan, malaysia, mexico, new zealand, peru, singapore, the united states and vietnam. question, is vietnam vital to president obama's asia pivot? pat buchanan? >> well it, is part of it, but the united states' economy is 100 times as large as vietnam. they want our inve
Apr 23, 2011 12:30pm PDT
don't have free trade with columbia, which is the result of which other countries like china can move right in and take that market share. >> what about that, pat? >> how big an economy is columbia? probably what, two or 3% of the united states. >> how big is china in latin america. >> enormously big but try to get into china's market with your goods! >> that's beside the point because they need goods. china -- columbia right now connects export duty free to the united states, but we cannot export duty free to columbia so this helps the united states more than it helps columbia. we're punishing ourselves by not having a free trade agreement. >> we're getting access to these tiny markets and markets are getting access to the largest market -- >> columbia is not a tiny market. >> and the new america that we talked about it the earlier segment, latin america will have much more profound impact on this country culturally had economically in the same way europe designed us and the way or politics define us with israel. latin america will have a greater voice in our politics because they'll
Apr 25, 2015 12:30pm PDT
i want to see what happens when -- clarence: i want to see what happens when china russia, other countries have the drones, too. it is going to change the whole debate. pat: one problem john, those huge aircraft carry yirs are going to be much much more vulnerable the-mile-an-hour get these tiny weapons that can't be detected. john: is commander in chief obama himself --president obama: conventional air power or missiles are far less precise than drones and are likely to cause more civilian casualties and more local outrage. and invasions of these territories lead us to be viewed as occupying armies unleash a torrent of unintended consequences, are difficult to contain, result in large numbers of civilian casualties and ultimately empower those who thrive on violent conflict. john: do you share the president's view on conventional air power versus drones? i'm asking you because you're from chicago, clarence page. clarence: i think drones are like any other weapon of war. they have to be evaluated on their own merit or demerit but they're going to stay. john: issue two -- china an
Sep 1, 2013 3:30pm PDT
country and we really could use it. corporate america is the bull in the china shop, and china metaphor there is also meant. but when i look at the setting with amazon, if you're the owner of an independent bookstore, you're not going to like the president chose this setting. they did announce they're creating 4,000 jobs, setting up distribution centers and the phrase that's use side bricks and click. they have acknowledged that they do support some sort of an internet tax, and so there could have, on the progressive end of how it works with our tax system. jeff bazos, the genius behind amazon, is one of silicone valley, california start ups. they're getting into policy, just with facebook is hill on the way side. it's almost like another government there. in that sense, this is recognizing the future, and the future is here. >> the you apparently did not read sarah o conar's piece the 9th of february. she said workers were pained minimum jobs to do full-time jobs. it was like a robot in an assembly line. very negative article. >> i didn't -- i missed the article. i look forward to them
Jun 18, 2011 7:30pm EDT
u.s. ambassador to the people's republic of china, announced he also will seek to be the republican nominee to challenge barack obama 17 months from now. what does jon huntsman bring to the 2012 table? one, foreign policy. ambassador to singapore, appointed by george h.w. bush. ambassador to china, appointed by barack obama. two, executive branch, huntsman has served four u.s. presidents. three, moderate politics. huntsman is a supporter of green energy and equal rights for same-sex unions. that means he can steal independent votes from obama in the general election. those factors are the said that huntsman candidacy made plplplp why did huntsman declare his intention to declare his candidacy instead of just declaring his candidacy? pat buchanan? >> you got a couple separate headlines but is delaying long. he didn't show up for the new hampshire debate. john this, guy is the wends el wilkie of 2012. >> wilkie lost. >> well, he's the media candidate show being imposed upon the republican party. i've never seen sump a build-up for a candidate who is at zaire or 1% in the polls. he's n
Mar 31, 2013 3:30pm PDT
>>> issue two, china cyber saboteur. >> we know foreign countries swipe our secrets. now they're seeking the ability to sabotage our power grid, financial institutions. >> these capabilities put all sectors of our country at risk from government and private networks to critical infrastructure. >> in the state of the union address in january, and the director of the national intelligence senate briefing this month, the obama administration is going all out to alert the nation to the ongoing danger of cyber sabotage. cyber sabotage is distinct from hacking. the purpose of cyber sabotage is primarily to destroy critical systems, not to steal. and cyber sabotage is more dangerous than terrorism. so says dni clapper. and that's not all. attorney general eric holder and his d.o.j. staff has cat a logged a list of it cyber espionage theft of corporate and trade secrets by china's people liberation army personnel working out of a complex in shanghai. u.s. government agencies are aware they know they are targets of chinese hacking as are america's biggest corporations like lockheed martin
Jan 16, 2011 3:30pm PST
with president obama in washington for a high stakes summit. the u.s. intends to press china to level the playing field on trade. as a prelude, commander in chief obama dispatched robert gates to china. he is to re-establish regular exchanges with china's military now strained by tensions over north korea and the u.s. arms sales for taiwan. but gates' visit with premier hu didn't go smoothly. first leaders rebuffed gates' request for broad ranging bilateral talks on security issues and on nuclear weapons. then officials upstaged the defense secretary with a test flight of china's version of a stealth fighter, the j-20, which u.s. officials say is specifically designed for combat against the u.s. f-22. gates canceled production of the f-22 in 2009 after concluding wrongly it seemed that china would not produce a stealth aircraft until at least 2020. moreover, the chinese premier was unaware of china's provocative timing of china's j-20 tell am test flight according to u.s. officials present when gates met hu. it raises the question whether hu, who is on his way out is really in c
Sep 25, 2010 6:00am PDT
competitive in china. what that means to us is that we have fewer jobs. we have nufactured at home. that's not the only reason, by the way, we why are having trouble. >> there's a business over to china to produce. that's a big return on their money. >> that's not the only reason. the other reason is that the chinese -- look, just to pick one example. we were the first company to manufacture computers. there are million and a half of them who work in asia. we lost the ability -- just a minute. that has nothing to do with the yen. >> i want to know the conversation that took place about the president, which was written up in friday's "new york times" very well and i notice he got it. and put it on the front page. >> obama is saying -- >> he is saying look, you have to let your currency float and rise up in value because you are sucking our industry, our jobs, our technology out. we are running a trade deficit with you. the biggest in the world. if you don't do it, the congress in the united states is going to put tariffs on chinese goods. >> what do you think of that action? >> this should
Aug 22, 2009 7:30pm EDT
bush 14%, obama 93%. turkey bush 2, obama 33. russia bush 22, obama 37. china bush 30, obama 62. japan, bush 25, obama 85. argentina, bush 7, obama 61. brazil, bush 17, obama 76. mexico bush 16, obama 55. the big skeptic in the group, israel. bush 57, obama 56. by the way, the united states' popularity ratings? bush 37, obama 74. question, for mort, israel a tradition ale american ally is odd-country out by a small margin that favors bush over obama. why is that? >> first, i'm not going to let pat's diatribe go unchallenged. president obama, candidate obama was acknowledging attitudes that were widely held. much of the world was delighted to see george w. bush go, as was america. the secretary of defense under bush talked about old europe. >> what was his name? >> donald rumsfeld. >> right. >> so the president has restored america's standing in the world to where it was before bush came in and wrecked it. now, in terms of israel, israel is the exception here, although obama's certainly popular there, too, but not as differentially popular as bush because israel did very well under pres
Apr 6, 2013 12:30pm PDT
place. they're upping the exercises that are done every year, and they're relying on china, which really is the power there that can exert some influence on north korea for china to play a more aggressive stand. that's why talks could work if they get underway. >> thus far, president obama has not used military force in the serious situation. kim sees that, and he's calculating from that, that he wants to figure out what is the limit of obama's reluctance to use military force. is that why he is doing what he's now doing? >> i don't think anybody really knows why he's doing it. he's clearly trying to establish some kind of status for himself. he particularly wants to intimidate south korea. in the process china is going to be the country that's going to worry about it because over time south korea may very well collapse and you may have a union between those two countries, then china would have a belligerent neighbor on its border he, and that's one thing they want to prevent. the first thing we can do is to see what we can do with china. they are going to be there. they've got a
Nov 23, 2011 6:30pm PST
to darwin. the move is intended to counter the growing military presence of china. question, was china's reaction to our announcement of the marine base in darwin, was it too strident a reaction for china, a putative friendly trading partner to have made, pat? >> john, the chinese provoked our reaction by their stupidity and their belligerence. they have said that the american fleet must get out of the south china sea, the east china sea, the straits of taiwan, the yellow sea. they have frightened all these countries in southeast asia p even japan and others who are now deciding maybe we don't want the americans to go home, so obama is marching into this opening and this base in australia as part of it. and what you've got is sort of a low-key cold-war beginning. but i will say this, the ecclesiastes communists are themselves responsible for their stupidity. they're alienating virtually every neighbor they have. >> how far away is china from australia? >> you got three, 4,000 miles. >> how long would that take for one of our long distance bombs -- >> they've got a new bomb -- you
Nov 17, 2013 3:30pm PST
international outpouring. china. a neighbor to the philippines and the world's second largest economy. china initially pledged only $100,000 in relief. plus another $100,000 to its red cross. the donation reflected china's soured relations with the philippines. the two have been over disputes where asian nations are vying to explore for energy. china's typhoon donation in the philippines was also noted within china. by even its own global times newspaper quote, china has a responsible power should participate in relief operations to assist the nabbing country no matter whether it is friendly or not, unquote. china upped the donation from $100,000 to $1.6 million. >> on friday, the official death toll from the hurricane was reported to be 3,621 killed and that number is expected to rise. question, is china wise to temper its aid to the philippines? pat buchanan. >> john, spirit of mother teresa does not permeate the chinese communist party. the spirit, are you your brother's keeper and helping your neighbor, frankly the christian west, i would add, japan and add the social gospel folks
Feb 16, 2013 12:30pm PST
from north korea's china border. and is the same site used for north korea's previous two tests. the first in 2006 and the second in 2009. the u.s. geological survey detected a 4.9 magnitude seismic event in the area, more powerful than the 4.5 that registered in 2009 after north korea's second test. scientists in multiple countriesing detected the explosion. north korea issued a confirmation, declaring the test was quote, carried out at a high level in a safe and perfect manner using a miniatureized de greater explosive force than previously, unquoted. pyongyang also declared the the reckless hostility of the united states. unquote. in a state of the union address tuesday president obama had this to say. >> provocation of the sort we saw last night will only further isolate them as we standby our allies, strengthen our own missile defense and lead the world in taking firm action in response to defense and take firm action in respnorth threats. >> this is north korea's first successfully launched a long range rocket, raising fears north korea now has the capability to hit the united
Aug 23, 2009 11:30am EDT
one thing. >> nor has russia, for example. nor has china, which would not support the dollar. you could go around the world and you will find that. this isn't to diminish the value of his popularity. >> sounds like it. >> it sure does. >> because he doesn't know how to play the game. that's my point. he doesn't know how to translate properly. angela merckle when she came here, he agreed to give her a 45-minute meeting no press conference. she canceled. sarkozy, obama wanted to be the sole person walking along the beaches of normandy. sarkozy hit the roof on that. a lot of things do not reflect well on the way obama -- >> the europeans often find things to complain about -- >> you can dismiss everything that happens because it's not pro obama. >> excuse me, please. we have just gone through an enormous economic downturn. the fact that he is liked and respected by much of the world has blunted the impact of that downturn, which many of these countries believe the u.s. led them into. and i can't believe that you can sit here and turn positive numbers into a negative. he has been in o
Jun 29, 2013 12:30pm PDT
china in africa. >> first of all china's trade in that region is 200 billion. ours is half that. it makes sense for us to be there and get in on the game, as the president and chief advisor said. i think it's important for us to go down and address this and bring the business leaders along. i think that makes the trip seem a little more worth while. but the trip has a hefty price tag. i hope we get good trade deals out of it. >> do you know who africa's biggest trade partner is. >> china. >> 200 billion. >> up dramatically from the $1 billion in 1997 on china's part. >> are we competing with that? >> we have to. >> what is our trade volume with avenue ra? >> $95 billion. >> compared to 200 billion by china in 2012. >> former president clinton and george w. bush did tremendous work in africa. and i shout out to president bush who is actually in africa at the same time that cares about global health. his commitment is terrific. it was more about helping africa. this president is trying to turn around and say it's trade that makes the difference. and it's essentially africa and us. but
Mar 4, 2012 11:30am EST
to massive superpower consumption, named by him -- india, brazil, china. >> over the long-term, the biggest reason oil prices will probably keep going up is growing demand in china, end 'ya and brazil. nearly 10 million cars were add indeed china in 2010 alone, 10 year! in one country! >> question -- what do you think of that -- those remarks from the president. >> i think the president is right, john. and i say the immediate cause here is the situation with iran and the united states israel. we have netanyahu coming to the united states. he wants this country to commit itself to go to war to prevent iran from having a nuclear weapons capability. he has support from mccain, in the congress, 38 senators have signed a resolution. it is the rising tensions in the persian gulf, the rising possibility of a collision not only between israel and iran, but the united states and iran, before this election i think is driving up the price of oil. and it's going so high it could threaten the economies of europe, john. this issue of iran and oil and gasoline prices are all coming together. i thi
Jul 16, 2013 9:30am EDT
is happening is very dangerous. issue three. u.s., china trade talks. >> high level meetings between the u.s. and chinese. the u.s., china strategic conference with secretary of state, john kerry, and jack speaking for the u.s. the hot button talk of china's currency. which is why they consider it to be under valued was front and center of the discussion. also, vice president joe biden participated. >> the next step china needs to take for its own economy, having to be in the interest of the united states as well. your own plans call for the kind of changes that take place that are difficult, like here. if they do, they will benefit us both, including free exchange rates, shifting to a consumption led economy, enforcing property rights and renewed innovation. >> did this fifth u.s. china dialogue produce any significant breakthrough? mort zuckerman. >> i don't think so. i think it's helpful. it will be a process. it won't happen in any one great moment. the dialogue between the united states and china on economic matters have dramatically improved and there isn't the sort of
Apr 15, 2012 12:00pm EDT
china. oil! brazil's atlantic coastline runs 4,600 miles. the red dots on this map depict brazil's vast oil acreage offshore. oil is what president obama wants to buy as he made clear. >> brazil's been an extraordinary leader in biofuels and obviously is also becoming a world player when it comes to oil and the united states is not only a potentially large customer to brazil but we think that we can cooperate closely a whole range of energy projects. >> by the way, brazilian president rousseff has a national approval rating of 77% in brazil. question, is brazil walking a tightrope between its relationship with china and its relationship with the united states? pat? >> they are. that's right, john. the decisions are here and the united states is pouring all this money out and investments come into brazil and exports are becoming more expensive and their trade balance is bad. they've got their own problems also with the chinese, who are being pretty tough. but brazil is not a world center power. it's the greatest power in south america. that's it. military it's not a great center power. >
Nov 29, 2009 11:30am EST
blobl warming. eyes will be especially focused on two world powers, china and the u.s. combined, these two super powers produce almost half of the world's pollution. 40%. last june, the u.s. house of representatives voted yes on a climate change bill. that bill commits to reducing u.s. carbon emissions by 80% over the next 40 years. the senate has yet to pass the bill. this means the u.s. in ten days could go to keepen hagen empty handed unless the senate puts the pedal to the metal and moves this legislation forward. president obama has already signed on. >> the this issue are over. >> question. if the u.s. does agree to sign a kobeen hagen agreement, what impact will that have on u.s. jobs, pat buchanan? >> i don't think it will have any impact, john, because i don't think it will get through the united states senate. there's a reason for that, john. al gore's moment has come and gone. the truth is, they are changing the nile to climate change rather than global warming for a reason. for ten years, the earth has been cooling. 1998 or so was the hottest year. the polar bear pop
Jul 7, 2013 3:30pm PDT
is china. russia and china share a lengthy and porous border. the two countries fought a border war with one another 52 years ago while the u.s. believes china has as low as 250 nuclear warheads, the russians believe the chinese nuclear arsenal numbers 1800 warheads. >> question should president obama have given his nuclear arms reduction speech in beijing ins(ead@of berlin? mort. >> it would have helped, i think, but it's clearly we've had some good experience more in reducing r nuclear warheads and in their -- also going along with that reduction, putin has no inntion of doing that at this stage of the@game cause he some level on both borders, a on the chinese side a b on the western side. somehow ornother we have to get china involved in this dialogue if we're going to be able to make any progress and reduce the weapons as he describes by another third. that's jt going@to be a sine qua non of any future progress. >> are you saying putin is raid of chinese aggression? >> i don'tknow that he's afraid of our aggression. there are political benefits that co. to him and other countrie
May 27, 2012 3:30pm PDT
electioneering is dangerous in view of the eurozone and china faltering a little? >> china faltering a lot. euro zone on the edge of a cliff with a very high probable. >> except germany. >> . >> yes but it does make the difference. the entire southern part of europe is hanging by a thread in terms of -- a major depression in that part of world. having said that, i happen to be in favor of tax cuts on people like pat buchanan and myself, and not in that order, of course. i think it's absolutely essential that everybody contribute to the solution of the fiscal problem that we are in. however, the timing works. so i'm in total favor of increasing the taxes. and joining it with expenditure cuts particularly on some of the major entitle. programs. >> just raising taxes -- >> just a minute. we're not going to get it alone or not -- it should be a package deal. it's just nor signal of a dysfunctional government and a government that -- >> even the democrats are now saying they moved up from $250,000 to $1 million, only folks above a million -- first you get peanuts for it and you're taking the di
Aug 29, 2009 7:30pm EDT
29. out of 57 countries. china, japan, korea, are well ahead of us as well as ex- communist nations like latvia, croatia and slovenia. >> question, education is key to competitiveness in the work force. that is what mr. obama tells us. but no amount of education will keep u.s. jobs here. all we will have is a highly educated pool of unemployed people. data shows that jobs for college educated are rapidly being outsourced to cheaper labor markets. so education is not the key, excuse me, to competitiveness in the work force. >> pat buchanan? >> john, first off we saw all the manufacturing jobs for these kids that don't graduate from high school, or just get out of high school, great jobs, they are gone. now allen binder the economist said $30 million to $40 million white collar jobs, accountant, medical -- people doing medical diagnosis. all these other jobs -- done abroad send it bit computer. 30to40million are at risk. we have one of the highest standards of living in the world and these jobs will go to places, quite frankly, where they don't have to pay as much money and they can g
Mar 6, 2011 11:30am EST
are surging, china is raising interest rates, japan is raising interest rates, european central bank is raising interest rates. and the fed may have to raise interest rates. the third thing that's a problem of the economy is, the stimulus is dying out. and if inflation appears fed reserve chairman bernanke will have to end this easing which is hosing 100 billion dollars in cash into the economy every weren't and the possibility of irish defaulting some there are clouds over looks like a recovery. >> very good at finding all those clouds! it was very good news for the economy, with job creation just under 200,000 in the private sector. and if that kind of row bustness can continue, looking at an unemployment rate that may drop a little below 8 by 2012 is very good news for the american and also good for the president's re-election prospects. but i'll find one crowl of my own and that is something else that mr. bernanke said that you didn't include, and that is if the republicans proceed with the kind of cuts that they're talking about, that that could dampen the recovery. he said by a
Aug 3, 2014 6:30am EDT
like he did with china. he gave china a good break on oil gas. he is likely to do the same with these south american countries. he likes the political credibility that comes with it. i don't think there is anything to fear. i think he likes to remind us in the soviet era in the 80s they were in el salvador and nicaragua. >> it only takes one side to start a cold war. truman didn't start the first cold war. stalin did. >> if they try to put missles back into cuba we are talking about a cold war. otherwise ports and pipeline deals, that is commercialism in the 21st century. >> i think putin enjoys the cold. he is a kgb officer who never left the kgb. if you look at western europe and the perception of weakness and vulnerability there is a clear statement on the russian government to insert its interest, as they see it around the world. i would argue that the things we are saying here are concerning movement towards a new cold war. they do affect the u.s. in strategic ways. >> he cut a very big deal in argentina. he is going to make nuclear reactors. >> there is no idea logical content.
Oct 20, 2012 12:30pm PDT
does point out the hypocrisy on mney's part about china. he's this big tough guy on the campaign trail about china, but he's investing in china at bain and company, he did a lot of work with china, so -- >> well, wait a minute. mort, you have investments in china? >> absolutely. ch you do? >> yeah. i sell magazines in china. least eight people who subscribe to the magazine. >> how come they didn't bail out your magazine? you're only known on the t net. like you, news ek, can you imagine that? newsweek is going to be on neth net. no printed edition. >>it'll reach millions on the net. >> the chinese do not bail out magazines or newspapers. the only thing that bails out magazines and newspapers are advertising and advertising has basically drifted away from print products and rethat's why they have to go on the web. >> you want romney to do anything about that? >> no, i do not. he's got a lot of other issues that are more important and i hope he follows one, and the most important is the economy. >> the newspaper and the at printed magazines. >> but there is a serious issue here, bo
Jan 7, 2012 12:30pm PST
that romney called for is calling for china to get rid of the currency manipulation in america's recovery. isn't that a piece of singular -- who else is talking about china in that sense? >> santorum. >> a lot of people are, because china they believe has manipulated currency to make their e ports -- >> how do you fight that impact? >> well, we are -- there are a lot of things we can do. >> they devalued their currency, took it down by 50%. >> yes. >> and then they flooded us the damage has been done to america. >> what about romney's first point of correction of the situation is to call on china -- they've been trying for years, bringing it down at 5% a year it. won't do it! >>> issue three, career mr. president. florida republican freshman senator marco rubio on friday morning sent a scathing letter to president barack obama at the white house. senator rubio blast the president for supporting an increase the national debt ceiling, the amount of money the federal government is legally america is becoming a deadbeat nation heading towards a european style debt crisis. had when we
Apr 7, 2012 12:30pm PDT
america and we're all in it together and we can't let china beat us in solar panels or germany beat news ex ports. so all the -- stuff he talks about, laissez-faire and individual liberty, obama is using sort of nationalism and worry about america's place in the economy as an essex cues do nor damage in the form of export subsidies, more green energy subsidies some obama's idea of national american exceptionalism is that we're going to outcorporate welfare china and germ 93 is that -- >> john, there's two visions of no carrierringconnect 5760 and to try to modernize our educational structure right now. as charles new book shows, high school diplomas no longer enough to get you out of the middle-class. and yet not everybody belongs in a four-year college. we need to more with folk between. >> okay, the u.s. mystique. >> item, manifest destiny. originally, u.s. expansion across the continent and expansion wise and also in exorable. item, neutralism, declaring the u.s. to be neutral not responsible for actions in wars. item, sovereignty. the u.s. has supreme, independent authority over its
Dec 21, 2014 3:30pm EST
principles to come into play. >> china, nixon went to china and mau continued with the culture of the chinese revolution. the chinese tried to open up, brought in the investment, the capital, all the manufacturing and everything and tried to maintain a police state dictatorship and they have maintained their dictatorship very, very well. this is what the castro brothers are going to try to do. it's a very tough thing to do, and they are, of course, much smaller and much closer. >> and the rest of us are going to be rushing to get to cuba before it turns into miami beach, while it's still that unspoiled, seemingly place-- >> castro is an unspoiled wonderful paradise? >> the classic cars from the 1950s and '60s. >> toilet paper shortages. >> the cars i'll go with. >> people want to see cuba as it is before it becomes more developed. >>> let's hear from some of the objectors to this, notably marco rubio. >> president obama's moves to open full diplomatic relations with cuba have incurred the wrath of some members of congress. florida republican senator marco rubio, who is cuban- american
Nov 9, 2011 6:30pm PST
sam it. that china -- i predict china will launch its own space station by 2017, three years ahead of schedule. a china space station. bye-bye! @
Feb 23, 2014 4:00pm PST
north korea's leaders. also, the commission cautions that china's current policy of aiding and abetting north korea could expose beijing who charges. and the 193 member united nations in new york will take up the commission's findings next month and bow down its recommendations on march 28. >> question, how should president obama respond to this u.n. horror report on north korea? mort. >> i mean, his options are fairly limited, if i may say so. we absolutely have to take some stronger position in terms of what north korea is doing. i'm not sure what we can do about it because it's a ruthless country. they are very, very strong militarily in relation to their region. and i think they are going to be very, very difficult to handle. they are not going to listen to any kind of rhetoric on our part and we have very little influence on them. >> the country that has the real influence with north korea is china. north korea is the worst situation in the world for the last 50 or 60 years. it's a total horror show. we have known about it. >> we haven't known it to the extent this report
Aug 31, 2014 3:30pm EDT
taking advantage of it like china? >> i don't know. that is where the problem comes in in a way. we have a situation where we are losing the competitive edge that we had, not totally but in many areas and part is being lost to countries like china. >> the american -- >> excuse me. we are not investing to the extent that we can and that is in part because we have huge deficits which we are not devoting to these issues. >> we are not investing in those because republicans in congress won't allow us to invest in those. we have higher deficit than we had in the mid '80s. we are paying the same interest because interest rates are so low. we should get every dollar we can from china and we ought to use it to spend on all the things. >> okay. hold on. >> thisment's record on the economy is not as dismal as outlined. >> president obama also used the economist's interview to take swipes at republicans, the tea party, people he dubbed climate change denialists and what he told joe the plumber in 2008 about spreading the wealth around. >> my obsession since i came into office and will continue
Feb 20, 2010 7:30pm EST
, particularly china and india -- japan, excuse me. we're in real trouble. >> mort is exactly right. here, look, the problem is not the health care reform bill big as people think or cap and trade. frankly, the majority of the americans are against those. the problem is this gigantic deficit we're facing. trillion dollar deficits as far as the eye can see. it's not going to happen because we're either going to default on the debts or interest rates will start of as they already have or you will have a run up on the dollar and inflation. >> what's the percentage of the gdp involved here? what percentage is the deficit of the gdp? >> 10.6% or 11% this year, 9. something next year. those are historic. >> for us or for the world? >> for us. >> the next five years we'll have deficits by the projections of this administration, we will have deficits of 8.5 trillion dollars. >> but there is a difference. >> that is unprecedented. >> there is a difference between the short-term spending and short-term deficits. >> i agree with that. >> for political reasons, the president's critics inflated them b
Nov 6, 2011 11:30am EST
? >> not -- i haven't noticed that recently and i was the sam it. that china -- i predict china will launch its own space station by 2017, three years ahead of schedule. a china space station. bye-bye! [ speaking french ] [ speaking french ] movie buffs! this film is tres bien, but the interest rate on your checking account is le pew. interest on your checking? earn more with new high yield free checking at capital one bank. your interest rate will be five times the national average. five times the interest! and free atms at any bank. show's over folks. make your way to capital one bank. what's in your wallet? were you crying? yeah.
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