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"And it's not surprising then they get bitter, they cling to guns or religion or antipathy to people

who aren't like them or anti-immigrant sentiment or anti-trade sentiment

as a way to explain their frustrations."

-- Barack Obama, April 2, 2008

► Read the news you never heard of and judge for yourself

Well, to sum up the previous section, I wanted to show you how Obama was protecting SABIC again, his trade unions, and how it was being used to push his green agenda, especially with stimulus money.

Now see the side these people saw, while missing the true picture, imho.

Click on the links below to go to the pages in reference.

The families hardest hit by this tax increase will be low-income families

http://www.atr.org/dont-tread-obama-tire-tax-hits-a3856# (click here)

President sets first-year tire tariffs at 35%

http://www.moderntiredealer.com/Channel/Wholesale-distributing/News/Story/2009/09/President-sets-first-year-tire-tariffs-at-35.aspx (click here)

“This decision will cost many more American jobs than it will create. It will also increase costs for, and take away choices from, American consumers.”

George F Will sums it up better then I can, so here it is:

http://www.washingtonpost.com/wp-dyn/content/article/2009/09/22/AR2009092203007.html?hpid=opinionsbox1

"None of the 10 manufacturers that comprise the domestic tire industry sought this protectionism. Seven of the 10 also make tires in other countries. Most U.S. manufacturers have stopped making low-end tires, preferring the higher profit from more expensive models. (Four U.S. companies make low-end tires in China.)"

Highly Recommended Reading for the "facts"

The Real Reasons Behind Chinese Tire Tariffs – Part 1

http://www.buybigtires.com/wordpress/2009/09/24/the-real-reasons-behind-chinese-tire-tariffs-part-1/

"On P. 85, Ron Hoover(USW) begins to explain a portion of what is really becoming a problem for the Unions: There isn’t enough membership to properly finance their ongoing obligations(VEBAs) to retired members."

The Real Reasons Behind Chinese Tire Tariffs – Part 2

http://www.buybigtires.com/wordpress/2009/09/25/the-real-reasons-behind-chinese-tire-tariffs-part-2/

"only protects his labor unions"

http://www.northstarnational.com/2009/09/18/obama%E2%80%99s-tariff-on-american-tire-consumers-%E2%80%9Cprotects%E2%80%9D-only-his-labor-unions/

"What we have here is a president who views trade policy as nothing more than a tool to advance his own political standing with groups that are hostile to commerce."

China Strikes Back Against U.S. Tire Tariff

http://www.politicsdaily.com/2009/09/14/china-strikes-back-against-u-s-tire-tariff/

http://www.cato-at-liberty.org/2009/09/23/the-tire-tariff-and-the-invertebrate-president-a-fable/

The Section 421 Statute and a Brief History

http://www.cato.org/pub_display.php?pub_id=10649

"Section 421 is not intended to remedy any wrongdoing on the part of Chinese exporters, but is intended rather to give U.S. producers the opportunity to holler "time out!" as they catch their breath, assess prospects, and attempt to adjust to a new level of competition

Indeed, economist Thomas Prusa estimates that "the tire manufacturing industry will experience little to no job creation as a result of the tariff. Under the best-case scenario more than a dozen jobs will be lost for every job protected." Prusa estimates a net loss of at least 25,000 U.S. jobs if the recommended tariff is imposed. Under the best case, Prusa finds that higher prices and other inefficiencies stemming from the proposed remedies would sap U.S. consumers of $600 to $700 million per year, translating to an annual cost of $300,000 for every job "protected" in the tire industry."

Obama's Tire Tariff

The president imposes a 35 percent tariff on car tires imported from China.

http://www.weeklystandard.com/Content/Public/Articles/000/000/016/959ypaav.asp

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