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Stumo Blog

They don't have the votes for TPP. Here's the analysis

August 15, 2016

by Michael Stumo

I was in DC last week. The votes for the Trans-Pacific Partnership do not exist at this time. Big qualifier... "at this time". Here is what I know.

Obama's Statement of Administrative Action on TPP: What is it?

August 15, 2016

by Michael Stumo

Still pushing the zombie TPP forward, the White House sent a draft Statement of Administrative Action (SAA) to Congress. It describes how the TPP will change US laws to comply with the globalist trade treaty.

Weird reasons that the National Taxpayers Union loves the TPP

August 05, 2016

by Michael Stumo

The National Taxpayers Union criticizes the six Congressmen who voted for TPA but recently signed a letter opposing a TPP vote this year. CPA was a significant part of that effort to get them on the letter because the only thing that is...

How the TPP Commission Erodes Our Sovereignty and Serves the Globalists

July 19, 2016

by Michael Stumo

Paul Ryan and Barack Obama have been pushing the Trans-Pacific Partnership as a trade agreement. We know from past experience these deals promote other countries’ market access to US consumers more than they promote exports.  But the TPP is more about global governance and sovereignty than trade.

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Please Stop Selling Trade Deals on National Security Grounds

June 13, 2016

by Michael Stumo

Recent reports that Russia is moving towards a war footing got me thinking about the snake oil salesmen selling trade deals. The globalists said this would not happen after Russia joined the trade utopia called the WTO. They were wrong again. We should not believe...

WTO Ruling Against Country of Origin Labeling Causes Spike in Beef Imports

June 13, 2016

by Michael Stumo

A spike in beef imports has occurred, but consumers are unaware because a global tribunal said last December that we can't be told where our food comes from.

You may be surprised to hear that US farmers and ranchers are harmed by trade agreements. I can understand...

Will the TPP require a tax hike on Americans?

June 02, 2016

by Michael Stumo

The latest rigged trade deal, the Trans-Pacific Partnership, will cut import taxes (tariffs) on imported goods. The recent US International Trade Commission report on the TPP (released 5/18/16) says that this will be $5.8 billion in lost tax revenue. Will this require a tax hike on US...

Is Paul Ryan's new "smart trade" the same as Trump's? No

May 31, 2016

by Michael Stumo

House Speaker Paul Ryan appeared last week on Larry Kudlow's talk radio show talking about his differences and similarities with Donald Trump's position. In the process of describing how they will ultimately come together, he tried to sell his old failed trade approach as "smart...

Thanks "Free Trade" Geniuses: USA has the trade profile of a colony

May 31, 2016

by Michael Stumo

Back in our colonial days, we participated in what was called Triangular Trade.  Our 13 colonies exported raw materials and natural resources to Europe. Europe exported value added manufactured goods.  Africa exported slaves to the colonies.

 

Michael Froman's Parallel Universe

May 20, 2016

by Michael Stumo

I listened to US Trade Representative Michael Froman discuss the Trans-Pacific Partnership yesterday on a business group conference call, after the US International Trade Commission report came out. Despite the fact that the report nullified Froman's entire economic case for the TPP, you would never know it...