Showing posts with label North Korea. Show all posts
Showing posts with label North Korea. Show all posts
Saturday, May 4, 2019
Donald J. Trump Verified account @realDonaldTrump 11h11 hours ago
Anything in this very interesting world is possible, but I believe that Kim Jong Un fully realizes the great economic potential of North Korea, & will do nothing to interfere or end it. He also knows that I am with him & does not want to break his promise to me. Deal will happen!
Tuesday, December 7, 2010
Heads up kids!
Under the cover of night on Friday, President Obama announced a new NAFTA-style "free trade" deal with Korea -- but it's not all that new. It's got all the same provisions in it that he vigorously opposed on the campaign trail when George W. Bush originally negotiated the deal. 1
With 15.1 million people currently unemployed in the United States, it is insane to extend the same NAFTA privileges to Korea that have already ransacked America's manufacturing sector and decimated our labor force.
President Obama is going to send this NAFTA-style Korea Free Trade deal to Congress very soon. We need to put a stop to this new NAFTA immediately, so Congress needs to hear from you now.
Sign our petition to Congress: "No New NAFTA! Don't support another job-killing, NAFTA-style 'free trade' agreement with Korea." Click here to add your name.
http://NoNewNAFTA.com
President Obama says he's doing this to create jobs.2 As Paul Krugman points out today, it won't. 3 But killing jobs is just the beginning of what's wrong with the NAFTA-style Korea Free Trade deal.
Like its job-killing cousins NAFTA and CAFTA, this Korean trade deal would:
Allow foreign corporations to operate inside the United States under privileged international trade agreements, rather than having to obey our laws that apply to our businesses. 4
Prohibit us from limiting the size of banks, making us give up the right to decide what "too big to fail" is on our own shores
Ban the government's ability to adopt "buy American" policies
Prohibit us from banning risky financial goods and services (like derivatives trading), otherwise US taxpayers will have to pay compensation to international companies for the profits they won't be able to reap from engaging in such transactions
Force the United States to submit to the judgment of foreign tribunals
Elevate foreign corporations to equal status with the sovereign United States, empowering foreign companies with new rights to sue the U.S. government before the UN and World Bank tribunals, skirting US courts.
Think that can't happen? To date, US taxpayers have paid out over $400 million in compensation to foreign corporations from such cases under NAFTA. And we spent million in legal costs even on cases we won, with billions more outstanding in unsettled cases. 5
This is a giveaway of American jobs and American sovereignty to foreign corporations. We need Congress to stop the Korea "free trade" deal in its tracks.
No New NAFTA: sign our petition to Congress to stop the NAFTA-style Korea Free Trade deal. Click here to sign:
http://NoNewNAFTA.com
Make no mistake - the Korea Free Trade deal is as dangerous to America as NAFTA, CAFTA, and the rest of the "free trade" deals. Thanks so much for standing up to this new NAFTA.
- Jane Hamsher
Firedoglake.com
------------
Sources
"AFL-CIO Legislative Meeting Explodes Over Obama’s NAFTA-Style Korea Free Trade Deal," FDL Action. 12/6/10
"159,000 Jobs Lost: The Price of NAFTA-Style Korea Free Trade," FDL Action. 12/4/10
"Trade Does Not Equal Jobs," The New York Times. 12/6/10
"Korea Free Trade Deal," Public Citizen. 12/3/10
"NAFTA Foreign Investor-State Claims," Public Citizen. 11/2010 (PDF)
With 15.1 million people currently unemployed in the United States, it is insane to extend the same NAFTA privileges to Korea that have already ransacked America's manufacturing sector and decimated our labor force.
President Obama is going to send this NAFTA-style Korea Free Trade deal to Congress very soon. We need to put a stop to this new NAFTA immediately, so Congress needs to hear from you now.
Sign our petition to Congress: "No New NAFTA! Don't support another job-killing, NAFTA-style 'free trade' agreement with Korea." Click here to add your name.
http://NoNewNAFTA.com
President Obama says he's doing this to create jobs.2 As Paul Krugman points out today, it won't. 3 But killing jobs is just the beginning of what's wrong with the NAFTA-style Korea Free Trade deal.
Like its job-killing cousins NAFTA and CAFTA, this Korean trade deal would:
Allow foreign corporations to operate inside the United States under privileged international trade agreements, rather than having to obey our laws that apply to our businesses. 4
Prohibit us from limiting the size of banks, making us give up the right to decide what "too big to fail" is on our own shores
Ban the government's ability to adopt "buy American" policies
Prohibit us from banning risky financial goods and services (like derivatives trading), otherwise US taxpayers will have to pay compensation to international companies for the profits they won't be able to reap from engaging in such transactions
Force the United States to submit to the judgment of foreign tribunals
Elevate foreign corporations to equal status with the sovereign United States, empowering foreign companies with new rights to sue the U.S. government before the UN and World Bank tribunals, skirting US courts.
Think that can't happen? To date, US taxpayers have paid out over $400 million in compensation to foreign corporations from such cases under NAFTA. And we spent million in legal costs even on cases we won, with billions more outstanding in unsettled cases. 5
This is a giveaway of American jobs and American sovereignty to foreign corporations. We need Congress to stop the Korea "free trade" deal in its tracks.
No New NAFTA: sign our petition to Congress to stop the NAFTA-style Korea Free Trade deal. Click here to sign:
http://NoNewNAFTA.com
Make no mistake - the Korea Free Trade deal is as dangerous to America as NAFTA, CAFTA, and the rest of the "free trade" deals. Thanks so much for standing up to this new NAFTA.
- Jane Hamsher
Firedoglake.com
------------
Sources
"AFL-CIO Legislative Meeting Explodes Over Obama’s NAFTA-Style Korea Free Trade Deal," FDL Action. 12/6/10
"159,000 Jobs Lost: The Price of NAFTA-Style Korea Free Trade," FDL Action. 12/4/10
"Trade Does Not Equal Jobs," The New York Times. 12/6/10
"Korea Free Trade Deal," Public Citizen. 12/3/10
"NAFTA Foreign Investor-State Claims," Public Citizen. 11/2010 (PDF)
Tuesday, May 25, 2010
Obama tells military: prepare for North Korea aggression
http://www.reuters.com/article/idUSTRE64N0ZT20100524
Strong backing plans, no mention of war games here.
War games are make believe, strong backing plans are not.
Our military is already in a natural position to engage.
President Barack Obama has directed the U.S. military to coordinate with South Korea to "ensure readiness" and deter future aggression from North Korea, the White House said on Monday.
The United States gave strong backing to plans by South Korean President Lee Myung-bak to punish North Korea for sinking one of its naval ships, White House spokesman Robert Gibbs said in a statement.
Strong backing plans, no mention of war games here.
War games are make believe, strong backing plans are not.
Our military is already in a natural position to engage.
President Barack Obama has directed the U.S. military to coordinate with South Korea to "ensure readiness" and deter future aggression from North Korea, the White House said on Monday.
The United States gave strong backing to plans by South Korean President Lee Myung-bak to punish North Korea for sinking one of its naval ships, White House spokesman Robert Gibbs said in a statement.
Monday, May 24, 2010
Stirring the pot
Smells like provocation to me kids.
Clinton: Koreas security situation 'precarious'
http://apnews.myway.com/article/20100524/D9FT51NG0.html
U.S. Secretary of State Hillary Rodham Clinton said Monday that North Korea's sinking of a South Korean warship has created a "highly precarious" security situation in the region and that the Obama administration is working to prevent an escalation of tension that could lead to conflict.
Speaking to reporters in Beijing shortly after the White House issued a statement offering Washington's full and unequivocal support for Seoul, Clinton said all of North Korea's neighbors, including its chief ally China, understand the seriousness of the matter and want to "contain" it.
"We are working hard to avoid an escalation of belligerence and provocation," Clinton said. "This is a highly precarious situation that the North Koreans have caused in the region."
US plans naval exercises with South Korea:Pentagon
http://www.breitbart.com/article.php?id=CNG.425f30f7af55f75115ed7394018dccda.481&show_article=1
Clinton: Koreas security situation 'precarious'
http://apnews.myway.com/article/20100524/D9FT51NG0.html
U.S. Secretary of State Hillary Rodham Clinton said Monday that North Korea's sinking of a South Korean warship has created a "highly precarious" security situation in the region and that the Obama administration is working to prevent an escalation of tension that could lead to conflict.
Speaking to reporters in Beijing shortly after the White House issued a statement offering Washington's full and unequivocal support for Seoul, Clinton said all of North Korea's neighbors, including its chief ally China, understand the seriousness of the matter and want to "contain" it.
"We are working hard to avoid an escalation of belligerence and provocation," Clinton said. "This is a highly precarious situation that the North Koreans have caused in the region."
US plans naval exercises with South Korea:Pentagon
http://www.breitbart.com/article.php?id=CNG.425f30f7af55f75115ed7394018dccda.481&show_article=1
Thursday, December 3, 2009
North Koreans in misery as cash is culled
http://www.timesonline.co.uk/tol/news/world/asia/article6940482.ece#comment-have-your-say
Shops and markets in North Korea have been closed and all cash transactions frozen after the Government’s shock announcement of a devaluation of its currency in an effort to crack down on the country’s burgeoning free-market economy.
In the capital, Pyongyang, yesterday only the few shops and restaurants permitted to trade in foreign currencies — patronised by the privileged elite and the city’s small foreign population — were open for business. All other enterprises and services based on cash, including markets, long-distance bus services, barbers’ shops, saunas and bath houses, were suspended until the revaluation of the won is completed next week.
There were reports of public outrage and confusion after the announcement of the measure, which requires North Koreans to swap existing won notes for new ones at an exchange rate of one to 100 — effectively knocking two zeroes off their value. Because of a cap of 100,000 won per family (£475 at the official exchange rate), anyone with significant holdings of cash will have their savings wiped out.
“Loud sounds of weeping in every house have not ceased since the news was released,” a South Korean website quoted an inhabitant of Sinuiju, a city on the border with China, as saying. “Weeping and fighting between couples has not stopped anywhere. The atmosphere of the city is terrible now.”
Shops and markets in North Korea have been closed and all cash transactions frozen after the Government’s shock announcement of a devaluation of its currency in an effort to crack down on the country’s burgeoning free-market economy.
In the capital, Pyongyang, yesterday only the few shops and restaurants permitted to trade in foreign currencies — patronised by the privileged elite and the city’s small foreign population — were open for business. All other enterprises and services based on cash, including markets, long-distance bus services, barbers’ shops, saunas and bath houses, were suspended until the revaluation of the won is completed next week.
There were reports of public outrage and confusion after the announcement of the measure, which requires North Koreans to swap existing won notes for new ones at an exchange rate of one to 100 — effectively knocking two zeroes off their value. Because of a cap of 100,000 won per family (£475 at the official exchange rate), anyone with significant holdings of cash will have their savings wiped out.
“Loud sounds of weeping in every house have not ceased since the news was released,” a South Korean website quoted an inhabitant of Sinuiju, a city on the border with China, as saying. “Weeping and fighting between couples has not stopped anywhere. The atmosphere of the city is terrible now.”
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