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I read a document on this website that stated that the US is either going to blossom in trade or go to isolation, or a similar comment to that. You see there is a problem. Protectionism is bad however, economic sovereignty is good. Let me explain. When a country that has individuals and corporations avoid of government national interest trading with them it is fairly tame and innocent business competition. However, when Foreign State Owned Enterprises coupled with currency manipulation and a possible strategy that I believe could have caused the world crash, then that is not good. You see it is very easy to explain. The Communist Single Dictorial party of China I believe has used their SOE's to pad their economy, used their currency manipulation to favor it further, then used a monopsony approach to resource acquisition, and now is currently using those same SOE's to purchase and set up the Communist Party's SOE's in the very markets that the SOE crashed maybe without even knowing it.
Therefore, It should be not that we protect against foreign or lets be real, Chinese individuals or corporations avoid of the Communist National Interest. Yet, a good play and a proper sovereign defense would be to protect against foreign governmental entities that wish to use their unfair advantage to acquire more business markets with their SOE's.
As such I believe that the Communist Currency manipulation committee needs to be in place for at least a proper research. As I believe I have traced a possible, known or maybe just a natural law progression of business strategy that is causing the Communist SOE's to impeded fair international markets and then to be used to conglomerate their SOE's bigger with foreign assets.
As such, my full theory will be published in about a month on my blog. It will be a stern theory, as I am upset China has fought so hard to not help out with the Crash on their currency revaluation, as the other major countries have all pitched in and America was even nice enough to try and find a culprit in the mess to properly regulate and fix a small area of economic worry. I think now the Communist Party needs to realize what their SOE's have done in the international market. So stated so done, I had fun doing the research. I prefer to keep my name hidden as you know trillion dollar government business might not like my theory. However, may I defend the honor of free markets and economic civil liberties avoid of government national interest.
http://rideriantieconomicwarfare.blogspot.com/
This is just my thoughts and ideas, it is possible and I believe I will be able to explain in a good theory why the Communist SOE's are a threat to countries national sovereignties. Therefore, we could look into it as I believe the Communist party is set on blaming the free markets for the crash we might want to defend our honor. Plus it is not protectionism if we keep out a government entity that did previously invade two of our allies, and has known ties to a party that wishes to re-construct our constitution. However, not their individuals or corporations avoid of (single party) government national interest. I am just one individual who likes to think and loves individual freedoms.
"Third-Party Litigation funding in the United States" Released by the U.S. Chamber Institute for Legal Reform, (October 2009) One only needs to take a close look into the ongoing federal litigation cases regarding Adult Entertainment and the City of Lincoln Park, MI to understand why "Third-Party Litigation funding" ought to be illegal especially when attorneys and the courts violate the constitutional rights of all other similarly situated individuals by enforcing a "Stipulated Consent Judgment" therein said same clearly stating that discriminatory and selective enforcement shall and/or may be used to deny all other similarly situated individuals their constitutional due process and equal protection rights... Third-Party Funding is what caused the ongoing litigation and will continue to destroy this community until "Selling Lawsuits" is to be found ethically and legally adverse to justice...
The Supreme Court has ruled that gun possession is fundamental to American freedom, thereby protecting our 2nd Amendment rights. How will this affect you?
Do you think the Disclose Act is good for the business community?
I agree with Phillip completely!
July 11th at 8:48am
This is in direct opposition to the benefit of the business community. It is nothing more than an ill-disguised attempt to censor speech of those a liberal government does not favor, and give advantage to those in government and whose lobbyists it does favor.
June 25th at 1:10pm
How will your business be affected by the new Consumer Financial Protection Bureau if it passes? Learn more at www.stopthecfpa.com
Post your answers here.
Joe,
Thank you for your input! In order to see change in Congress, we are encouraging constituents in all districts to Vote For Business. Learn more about which candidates can help business in your district at our website at www.voteforbusiness.com today!
July 15th at 7:03am
Unfortunately, little Congress does today benefits me in any way as a businessman. Our business is growing in this economy because we have good people. Our wonderful country is going to hell in a hat basket, because we filled the seats in Congress with bad people.I don't see much good legislation coming down the pipe until we get good people back in Congress.
June 25th at 9:22am
This week the US Travel Association reported the following: Tom Donohue, president of the US Chamber of Commerce, said it was essential to “reduce the hassle factor” at welcoming points and said more improvements needed to be made.
Speaking at the International Pow Wow trade show in Orlando, Donohue admitted that the trauma of 9/11 had “left us less than hospitable to our foreigh visitors” but insisted “we are working to fix it”.
The US Chamber of Commerce has worked alongside the national tourism body US Travel and was instrumental in gaining approval for the US Travel Promotion Act.
Donohue said a survey carried out by US Travel and Oxford Economics revealed a 2.4 million decline in visitor numbers over the first 10 years of the millennium, and he added: “America cannot afford another lost decade”. “The message we need to get out there is that these destinations are still open for business,” he said.
To understand why foreign visitors are not coming to the US we simply need to take a look at our current visa policies.
Our current visa policy is strangling economic opportunity in the US, that flower if we made it easier for qualified visitors from Brazil, India, China and other non-visa waiver countries to visit the US.
The population of the 75 largest countries in the world including the US and our neighbors Mexico and Canada totals over 6 billion people. Nine of these countries, with a total population of 529 million people, are participants in the US Visa Waiver Program (VWP). Sixty-three “overseas” countries, with over 5 billion people, must go through the US Visa Application Process in order to gain entry into the US. The percentage of citizens from visa waiver countries who visit the US is twenty-seven times (27X) greater than the percentage of citizens from non visa waiver countries (2.7% of the citizens from visa waiver countries choose to visit the US each year vs. only .1% of the non-visa waiver countries).
Why 27X more?
The US Visa is a “product” that must be acquired for a non-visa waiver country citizen to visit the US. If the “product” is easy to acquire then people will be tempted to buy. However, if you have to wait for a US mandated visa interview appointment (a barrier) and then travel 1000 miles (a barrier) to be interviewed about your desire to “acquire the product” (the visa interview) all the while knowing there is a 20% chance that your attempt to acquire the product will fail (visa application rejection) you will be more likely to postpone the purchase decision or buy an alternative product (Europe as a destination). This is the dilemma facing each potential visa applicant with a desire to acquire the US visa “product”.
Creating jobs by opening our doors to qualified foreign tourists
The fastest way to grow jobs in the US is to make it easier for qualified visitors from other countries, specifically non-visa waiver countries like China, India and Brazil, to visit the US. This past year over 45 million Chinese traveled internationally but fewer than 1% chose to visit the US. Europe received 6X the number of Chinese visitors. The reason is our current mandatory visa interview policy. Since 9/11 non-immigrant visa applicants must be personally interviewed by a US consular officer in order to receive a US visa. However two barriers make this a daunting task for many, fully qualified, prospective visitors.
1. First, is the issue of interview access. For example, China has 450 cities with over 500,000 people but only 3 cities with US Consular offices that conduct interviews for tour groups that wish to visit the US. Thus visa applicants must travel, in some cases over 1000 miles for a two or three minute interview.
2. The second barrier is interview availability. A visa applicant is forced to wait, in some cases more than a month, for a visa interview appointment due to the shortage of US foreign service officers (FSO's) that conduct the in person interviews.
Both of these barriers can be overcome. First, the access barrier can be removed by simply permitting the FSO to conduct the mandatory visa interview via videoconference. Creating videoconferencing visa application centers would "localize" the visa application process eliminating the need to travel hundreds of miles or more for the visa interview. Second, State can use fee income to hire more FSO's. The visa application fee is $131 for non immigrant visa applicants. Given that an FSO interviews and approves from 100 to 120 visa applicants per day (2-3 minutes/interview; up to 20,000 visa approvals/yr) a newly hired FSO can generate $2.62 million in fee revenues ($131 X 20k applicants), more than enough to cover the fully deployed cost/FSO of $400k (per GAO).
The consequence of solving these barriers is a boom in travel industry hiring. According to the US Travel Association a foreign visitor spends, on average, $4500 when visiting the US. Also according to USTA, a new job is created with every $100,000 of foreign visitor spending. Thus a new job is created with every 22 foreign visitors ($100k/$4500). Since an FSO approves up to 20,000 visa applicants per year a single FSO is the gatekeeper authorizing $90 million in exports (foreign visitor spending) enabling the travel industry to hire 900 more US citizens in the hotel, restaurant, car rental, bus, train and airline industry.
For a variety of reasons some of the largest countries in the world, in fact most countries of the world, cannot or will not meet our Visa Waiver Program requirements. While the US intends to be open to citizens of most of the non-VWP countries, they will continue to need a US visa to visit. Since it was determined to be in our national self-interest to assist non-VWP citizens to visit the US, then Secretary of State Condoleezza Rice and Homeland Security Secretary Michael Chertoff announced the “Secure Borders and Open Doors” Policy on January 17, 2006:
Rice said the United States is exploring ways to use technology to transform traditional visa application methods and that later in 2006 the State Department will begin testing, through a pilot project in the United Kingdom, the use of videoconferencing technology to conduct visa interviews. “If we can do this successfully,” she said, “this process might make life dramatically easier for foreign citizens who must now travel great distances to be interviewed in person.” Speaking at a background briefing on the Rice-Chertoff initiative, a senior administration official described the situation facing prospective travelers in a large country such as Brazil, where the United States has only three consulates…Using digital videoconference technology to conduct visa interviews, the official said, “could be the biggest qualitative change in the way we handle visas in 150 years – it’s a generational shift.”[1]
Unfortunately, since the Rice-Chertoff Initiative videoconferencing recommendation was not implemented, the current visa application process continues to impose significant barriers that prevent potential visitors from even trying to apply for a US visa.I am working with the USTA and NTA to once again motivate Congress to put pressure on the State Department to implement the “Secure Borders and Open Doors” policy. We are making slow progress. The House has approved a pilot of videoconferencing visa interviews (HR 2410). The Senate is considering taking the same action (S.2971).If Congress approves videoconferencing visa interviews new jobs for hundreds of thousands of Americans in our travel and services industry will be created (e.g. hiring 200 FSO's will create over 180,000 new jobs).
For a consumer economy currently being forced due to debt to stop consuming, increasing foreign visitor spending enables both interests (the need for consumer spending concurrent with the need for consumer saving) to be served. This is a “jobs, jobs, jobs” issue that needs to be raised with every member of Congress.
An economics professor at a local college made a statement that he had never failed a single student before but had once failed an entire class.
That class had insisted that socialism worked and that no one would be poor and no one would be rich, a great equalizer.
The professor then said, "OK, we will have an experiment in this class on socialism. All grades would be averaged and everyone would receive the same grade so no one would fail and no one would receive an A.
After the first test, the grades were averaged and everyone got a B.
The students who studied hard were upset and the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.
The second test average was a D! No one was happy.
When the 3rd test rolled around, the average was an F.
The scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
All failed, to their great surprise, and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
Could not be any simpler than that....
Thanks for posting. You might be interested in checking out a recent article on the topic by AEI's Arthur Brooks published in the Post on Sunday http://bit.ly/bgFz5m.
Let us know what you think.
May 25th at 6:17am
How do we get our own US comapnies to build the factories here instead China, Thailand, India, Malaysia, etc. What will induce these companies to keep the factories here? I hear nothing said about this subject. Shame on all of you who sweep this under the rug! Bill Kent
Take Econ 101 and you'll get your answer. You need to learn the incentives needed to entice US companies to build here. It's actually very simple concept, but the minimum wage keeps it from happening...When costs are less elsewhere, the work will be outsourced. When the costs are less in the US, then the work will remain in-house.
May 18th at 12:12pm
One of the key drivers of job growth in America is open and free trade with other countries. “To create these jobs, we’re urging the governments to not only resist protectionism, but continue to open markets, embrace domestic reforms, and provide global leadership on trade, energy, and the protection of intellectual property” - Tom Donohue
http://finchannel.com/Main_News/Business/61835_U.S._
It has been said that when goods cross borders armies dont. I am in favor of trade with countries that are willing to engage in legitimate free trade.
March 9th at 10:42am
I think the chamber should support buying American and quit supporting the employment of illegal aliens.
February 27th at 5:44am
Congress is considering reimposing the stock transaction tax. This new tax would impose a .25% tax on all stock trades in the (misguided) hope of raising $150 billion for another stimulus bill.
But raising taxes on business and investors will do the exact opposite of stimulating the economy. In fact, this was repealed in 1966 because of its devastating effects on the economy.
You can read more about this issue at Bloomberg.
What are your thoughts? Do you think Congress should reimpose the stock transaction tax? Take our quick poll (http://www.uschambersmallbusinessnation.com/email/single_column.php?ID=62) on the issue now.
It should surprise no one that the economy is in the dumps with the morons we have in Congress and the White House. They are not-so-closet socialists who want to take from those who produce and give it to those who don't. When government starts taking half--or more-- of one's income there is little incentive to produce. Why give more away than you get to keep?
June 25th at 1:20pm
TALK ABOUT GAMBELING ADDICTION the market is no different, those who have money can inflewence thatmarket.but they want to wait till enough idiots have bloated the market place so they can creat another "alledged crisis" you want to invest BUY GOLD
May 13th at 9:18am
where will it end?Why don't we just send the goverment our money and they send back what they deem appropriate for us to live on. Bye,Bye liberty.
March 19th at 7:02am
From the poll results it appears that 5% of respondents are really anti business big government trolls
March 9th at 10:46am
Taxing investment will slow down or stifle investment at a time when it is needed most. If the Obama administration had listened to those who know how to create incentives that stimuate the economy instead of listening to special interests we would not have lost so many jobs in 2009, and 2010 would be showing more job creation and economic recovery. Deliberate or not, this president is killing our economic system.
March 4th at 2:11pm
NO NEW TAXES, NO NEW SPENDING , NO MORE BAIL OUTS, WE DONTNT HAVE THE MONEY SO WE CANT SPEND. HELL NO
I WILL KEEP MY MONEY,MY FREEDOM, MY GUNS, YOU CAN KEEP THE "CHANGE"
NO MORE OBAMA
March 4th at 12:32pm
CONGRESS SHOULD NOT REIMPOSE THE STOCK TRANSACTION TAX!!!!!
March 3rd at 7:09pm
If Congress wants to improve the job market, it will not impose taxes of any sort that will impede the growth of business. It just doesn't make sense.
March 3rd at 3:15pm
I think the Congress should stay out of our underwear. This is getting to the point where people will unite against congress. How does the 1% contoll 99% . They are destroying this country.
March 3rd at 2:37pm
If you want to disincentivise activity, tax it. This tax is socialism/income redistribution.
March 3rd at 1:19pm
Wall Street is the only thing holding this economy together. Large banks are hurting, jobs are being eliminated, & dollar is shrinking and WH wants to tax the only thing making us money. WOW!!!
March 3rd at 12:10pm
A month later and one month closer to a congressional change out in November..or a least gridlock. Let's say the Dems and Obama want to re distribute the wealth ...they are killing the system that brings forth the wealth that they want to redistribute...they will be left empty handed...good....but so will we ...bad...
March 3rd at 11:29am
Yes, there is no way this will stimulate the economy. Taxes only ever hurt businesses and reduce their ability to innovate and hiring more people. Raising taxes is not going to create jobs.
March 3rd at 9:58am
This Administration is famous for having so few people who have any knowledge at all of how business works, and in fact have displayed an anti-business thrust.This would be disastrous legislation.We have a government which is spending at a rate never before even thought conceivable, and we must change this in November.
February 4th at 7:26am
This really hits the small investor ! More of their type of Stimulus is not the answer !
Robert W. Hayman
February 4th at 7:25am
Sounds like a tax on retirement accounts. The turnover rate in some mutual funds is staggering. The more these funds turnover the higher tax burden retirees and retirement fund participants will absorb. Another unintended consequence courtesy of an obtuse Congress.
February 4th at 5:47am
More of the current administration's effort to fund their large out of control , in cost and otherwise, proposed programs...the best we can do is continue our concern and intense interest through November 2010 and change as much of this governmment out as we can...at least to the point of gridlock
February 4th at 4:16am
No, I think it'd be a big mistake.
February 3rd at 1:43pm
Proponents of the deeply flawed and costly Senate health care bill are going to get their Christmas wish: a Christmas Eve vote. Don't let them give the American people a huge lump of coal in their stockings.
Email your Senators to oppose this bill. http://capwiz.com/chamber/issues/alert/?alertid=13529411
I THANK THAT THEY NEED TO GET TRANSPORTATION FOR RURAL AREAS
January 12th at 10:13am
http://capwiz.com/chamber/issues/alert/?alertid=135294123421341234213413254123513513513451345345314534513453141
January 7th at 9:16am
The House will likely vote on the CFPA this week. http://thehill.com/homenews/house/70791-house-likely-to-move-on-regulatory-reform-by-friday
Make a difference! Write to Congress! http://capwiz.com/chamber/issues/alert/?alertid=13947486
The small businessis the backbone of the community and doesn't need anymore regulatios.
It is time to STOP THE MADNESS!!!!!
April 12th at 1:54pm
Do not pass the CFPA bill, you despicable idiots! Find funding in your own tax-payer lined pockets!
April 8th at 5:59am
DO NOT PASS THIS CFPA BILL, I AM A SMALL BUSINESS OWNER AND I DO NOT WANT AN WILL NOT TOLORATE MORE REGULATION. I WILL CLOSE MY BUSINEES AND WORK ON MY OWN. CURRENTLY I HAVE 6 EMPLOYEES BUT I CAN DO THIS WITH NO ONE. SMALLER BUT W/O U BASTARDS
March 31st at 3:53pm
I am a small business owner and this is not going to help me in any way. Stop this bigger government trend that is already gotten out of hand.
March 31st at 12:11pm
This legislation will regulate small businesses out of business.
December 15th at 5:50am
as a small business owner if they pass this not only will they loose my vote i will picket there offices....enough is enough
December 11th at 2:39pm
In a Republican Social gathering hoping to rebound in 2010 on the will-power of a newly energized and ideologically aroused fundamentalist inform roots, Sarah Palin's influence is now unparalleled. She was the joined who popularized the notion that Democrats advocated "expiration panels" as part of their healthcare procedure, a assault that helped ignite right other side competing to reform. More recently, in a unusual congressional choice in upstate New York, Palin's authorization of Doug Hoffman, an uncharted, far-right third-party runner, helped bulldoze a public steady Republican public, Dede Scozzafava, from the race. And at the moment, although her ghostwritten accounts, "Affluent Rogue: An American Spirit," won't be officially released until Tuesday, assist sales set up kept it in the No. 1 posture at Amazon.com for weeks.
Both the House Financial Services Committee and the House Energy and Commerce Committee has passed this bill and it could be considered on the House floor in the coming weeks. With this bill moving so rapidly, Now is the time to get involved and make the voice of business heard. GO to www.StopTheCFPA.com Today!
The U.S. Chamber continues to support reforming the health system, specifically efforts to control costs and improve quality.
However, bills in both the House and Senate fail a simple litmus test for health reform legislation: in its current form these proposals do not improve the current situation.
Do you agree?
Yes, especially now that it looks like the public option will be included in both bills. Can we really afford to put businesses, and as a result, employees out of jobs?
October 30th at 1:20pm
I completely agree. I'm curious what other members of the Small Business Nation think?
October 30th at 12:42pm
make sure you weigh in today and write a letter to congress. http://capwiz.com/chamber/issues/alert/?alertid=13529411
October 28th at 5:04pm
I want find a Lawyer in Las Vegas NV. to take bankrupcie
March 3rd at 10:32am
taking Bankrupcie
March 3rd at 10:25am
By far the biggest impact on small businesses that are LLCs or s-corps is the negative impact on cash flow when you have to pay a large tax bill. Every single dollar we pay in taxes prevents us from reinvesting it in the business to create jobs. It costs me on average $25K in operating for every employee I hire. Every $25K I pay in taxes costs one job. And as we are seeing with the stimulus bill, every job allegedly created or saved by the government cost anywhere from $150K to $500K depending on who's numbers you believe. Even giving them the benefit of the doubt I can create 6 jobs for every one they create. Let me decide how to invest my money.
November 5th at 2:09pm
It will prevent you from maintaining the legacy of your family business as well as creating disincentives for people to save and create wealth in this country!
October 30th at 1:46pm
I'm worried the death tax will prevent me from maintaining the legacy of our family business.
September 28th at 2:16pm
This bill seems like another attempt by the administration to expand the already bloated federal government and tell citizens how they should spend their money. Is this really necessary?
The following is a link to an excellent editorial in the 6/29/2010 WSJ entitled:
The End of Community Banking By SARAH WALLACE
Go to your State Senator's websites and direct contact phone numbers and tell them to fix the CONSUMER PROTECTION AGENCY first. Fix everyone's home loan ripoffs. The CONSUMER PROTECTION AGENCY DID NOT PROTECT THE CONSUMERS FROM THE BANKS AND CREDIT CARD SCAMS THE BANKS WERE ALLOWED TO RAPE US CONSUMER"S WITH.
April 26th at 12:56pm
"Why does'nt the government understand, that if they would get out of the way, our economy would flourish?"
because that's based on the fact that people behave rationally, in which rationality is relative anyway. since people don't behave rationally nor have perfect information... plus our society isn't nearly educated enough....
that is why we NEED regulations.
when a company or corporation becomes so huge, they think they have the right to do whatever they please (especially if it's a product consumers need and there are little other options)... say, charging rediculous interest rates and fees... you need regulations. and not regulations dispersed among ten different agency, in which consumer protection is the lowest on their list.. you need someone that will actually enforce them.
take discrimination for example... it's not very rational for a business owner or landlord to discriminate based on race, color, gender, familial status, etc... because money is money... but people will do it anyway, unless there are laws and regulations to stop it.
April 19th at 11:20am
Gentlemen,
Can you please explain why you are siding with Wall Street and the 6 Mega Banks, They almost destroyed our economy and your providing them support to do the same thing without restriction or accountability. Is their money that controlling to your organization. I'm disgusted with your stand and your lost direction. For a change support the American Taxpayer and the business community that you were created to represent. If you don't understand get out of Washington and find out how disgusted the American Business community is with your organization. YOU"VE LOST YOUR DIRECTION AND PRIMARY MISSION.
April 16th at 11:09pm
The government has been getting out of the way of Wall Street for years, with disasterous results for most Americans. WHay should anyone, Who, American or foriegn, would put more money into a market which has not been Properly fixed? Why should Americans tolerate a system where we are told to expect major financial upsets every few years?
That is no way to encourage people to save or invest in the Market. People will only invest very short term, or because they feel they have no choice. But people in other countries have a choice. The Market would never have recovered the public's trust after 1929 and grown so successful with out regulation, and it will not again. I remember going through relatives homes after their death finding the money they hid because they didn't trust banks, even with deposit insurance. For 20 years or more the Market has been trading on the accumulated Goodwill of the New Deal Reforms, and the belief that the Government wouldn't make the mistake of going back to pre-New Deal standards. Only it did. But the guys on Wall Street weren't hurt anywhere near the guys on Main Street, so they don't see any problems. And we can see for whom the Chamber tends to speak.
March 19th at 7:24am
Nope, more regulation, not less. These are twisted greedy lyers stacking the aisles with products you don't have a clue how they work. They do , and they'll take your money while you watch it shoot down the drain.
If your business is sound, you need more protection, not less.
Why does'nt the government understand ,that if they would get out of the way, our economy would flourish? To be constantly bombarded with new regulation is what puts the stranglehold on all business'.
December 10th at 5:20am
Both the House Financial Services Committee and the House Energy and Commerce Committee have passed this bill!
October 30th at 12:59pm
If Congress fails to act, the largest tax increase in American history will take place in 2011. Tell Congress to ACT NOW.Read More
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