Sunday, January 22, 2006

Ed Bryant MFN votes

Most Favored Nation status lowers import tariff’s to the lowest levels granted and allows U.S. companies and foreign governments to qualify for federally subsidized trade. The Export-Import Bank alone subsidized $2 billion in exports to Communist China in 1996. Representative James Traficant (D-OH) stated “I say a Congress that today will prop up Communism is a Congress that today endangers every worker, every one of our kids, and every one of our grandkids by giving a country $80 billion a year whose missiles are pointed at every major American city, and Taiwan, who we have turned our backs on,” Ed Bryant has repeatedly voted to build up the economy of our Communist enemies. MFN Trade Status for Communist China, House Joint Resolution 182. This joint resolution would disapprove of President Clinton’s decision to grant most favored nation (MFN) trade status to Communist China. MFN not only guarantees a nation the lowest possible tariff rates, but allows the Export-Import Bank, the Commodity Credit Corporation, the Overseas Private Investment Corporation, and numerous other federal program to subsidize U.S. exports to the recipient nation with taxpayer dollars. The Export-Import Bank alone has subsidized $3.8 billion in exports to communist China in the last four years under MFN status. Ed Bryant voted against this resolution. (June 27, 1996 Congressional Record, pages H7025-26, roll call 284) (Source: The New American October 28, 1996) Most Favored Nation Trade Status for China, House Joint Resolution 79. This joint resolution would have disapproved of President Clinton’s decision to grant most favored nation (MFN) trade status to Communist China. MFN not only guarantees Red China the lowest possible tariff rates but allows the U.S. Export-Import Bank, the Commodity Credit Corporation, the Overseas Private Investment Corporation, and numerous other federal programs to subsidize U.S. exports to the Beijing regime with taxpayer dollars. The Export-Import Bank alone has subsidized $2 billion in exports to Communist China during the past year. Ed Bryant voted against this resolution. (Source: The New American, August 18, 1997) Taxpayer-subsidized Trade With China, House Joint Resolution 121. This resolution would have overturned the President’s decision to grant “Normal Trade Relations” trade status to China for another year. Revocation of Normal Trade Relations (NTR) would have put an end to the communist government’s prodigious use of U.S. government-financed export subsidy programs and raised tariffs on imports from China to a slightly higher rate than the Chinese levy on American exports to China. The brutal Chinese communist government is currently the largest Asian beneficiary of loans and loan guarantees from the U.S. Export-Import Bank, with the taxpayers subsidizing China’s purchase of more than $1.1 billion worth of U.S. goods over the last year. The communist government was also the recipient of hundreds of millions of dollars worth of subsidized agricultural trade through the USDA’s Export Enhancement Program and Export Credit Guarantee Program during fiscal 1998. (July 22, 1998 Congressional Record, page H6119, roll call 317) Ed Bryant voted against this resolution. (Source: The New American, October 26, 1998) MFN/NTR Trade with Red China. Representative Dana Rohrabacher (R-CA) proposed that Congress express its disapproval of President Clinton’s waiver granting Communist China U.S. taxpayer subsidized trade under “Normal Trade Relations” (formerly “Most Favored Nation”) status. Revocation of NTR status would impose tariffs on Chinese imports at a slightly higher duty than are levied upon U.S. exports to China, and prevent the U.S. Export-Import Bank and similar agencies from giving lucrative subsidies to China. China is the Ex-Im Bank’s largest customer, with $6 billion in outstanding loans and guarantees. (July 27, 1999 Roll Call 338) Ed Bryant voted against this disapproval. (Source: The New American, January 3, 2000) Permanent Normal Trade Relations for China. This bill would confer Permanent Normal Trade Relations (PNTR) status on China and end the annual review process that kept attention on Red China’s espionage and human rights abuses. Although China has yet to comply completely with any trade agreement, granting PNTR would clear the way for China’s entry into the WTO. Although this bill contained some provisions to protect U.S. businesses from import surges, establishes a commission to monitor human rights, and requires the administration to report annually on China’s compliance with trade agreements, none of these measures has the teeth that annual review of Normal Trade Relations has had. Representative James Traficant (D-OH) said” I say a Congress that today will prop up Communism is a Congress that today endangers every worker, every one of our kids, and every one of our grandkids by giving a country $80 billion a year whose missiles are pointed at every major American city, and Taiwan, who we have turned our backs on.” (May 24, 2000 Roll Call 228) Ed Bryant voted for this bill. (Source: The New American July 17, 2000) China NTR Disapproval. This resolution would formally disapprove of the president’s decision to grant Communist China “Normal Trade Relations” (NTR) status and revoke NTR. Representative Dana Rohrabacher (R-CA) explained that “the reason why the American corporate community is insisting on normal trade relations status, which is a specific status, is so that those corporations can receive taxpayer subsidies and loan guarantees so they can close up their factories in the United States and open up factories in China to exploit a near slave labor, where people are not permitted to join unions, and do so at the taxpayers risk, U.S. taxpayers’ risk.” (July 18, 2000 Roll Call 405) Ed Bryant voted against this resolution. (Source: The New American November 6, 2000) Disapproval of Normal Trade Relations for Vietnam. This resolution would formally disapprove of the president’s decision to grant Communist Vietnam “Normal Trade Relations” (NTR) status and revoke NTR. It is wrong to grant NTR status to communist Vietnam for the same reasons that it is wrong to grant NTR status to Communist China. “[W]e should put our foot down here today and say dictatorships should not receive this kind of subsidy, especially the dictatorship in Vietnam that has not cooperated in finding our missing in action and POW’s” Representative Dana Rohrabacher (R-CA) argued form the House floor. (July 26, 2000 Roll Call 441) Ed Bryant voted against this resolution. (Source: The New American November 6, 2000) China “Normal Trade Relations” Disapproval. House Joint Resolution 50 would have overturned President George W. Bush’s decision to extend Normal Trade Relations (NTR) with China for another year. Rep. Dana Rohrabacher (R-Calif.), the sponsor of H.J. Res. 50, pointed out that NTR “has nothing to do with free trade… It has everything to do with subsidizing and guaranteeing big businessmen who cannot get their loans guaranteed in the private sector because it is too risky to go and set up factories in China.” (July 19, 2001 Roll Call 255) Ed Bryant voted against this resolution. (Source: The New American December 3, 2001) Vietnam Trade. House Joint Resolution 55 would have disapproved a presidential waiver that allows U.S. companies doing business with Vietnam to qualify for federal aid, including import and export financing and loan guarantees. (July 26, 2001 Roll Call 275) Ed Bryant voted against this resolution. (Source: The New American December 3, 2001) Vietnam Trade. This measure, sponsored by Rep. Dana Rohrabacher (R-Calif.), would reverse President Bush’s decision in June to extend normal trade relations status to Vietnam for next year. To grant this extension, Bush waived a provision of the 1974 Trade Act restricting U.S. trade with Communist nations limiting emigration. However, the president’s decision can be repealed by Congress under expedited procedures. “It is this procedure that was undertaken again this year by Dana Rohrabacher, R-Calif., who views the Vietnamese government as ‘gagsters that repress their own people’ and who should not be rewarded with the expanded economy that freer trade might bring, Congressional Quarterly summarized. (July 23, 2002 Roll Call 329) Ed Bryant voted against this measure. (Source: The New American November 4, 2002)

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10:09 PM, October 22, 2015  

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