In the end, could this all be political and an act of retribution to “punish your political enemies? ~ Allen West
As Written By Allen B. West:
Just yesterday we shared the story about the end of the coal industry in America with the bankruptcy filing by Peabody Coal. We asked the rhetorical question, what kind of American president would intentionally seek to destroy an American industry? I think it was an easy to answer question and of course we know what kind that is. I find it utterly hilarious to hear these misguided little millennial progressive socialists regurgitate talking points about corporate welfare and crony capitalism — they only need to examine the Obama administration for that – but perhaps they NEVER heard of Solyndra. And of course we know Obama does favors for those whom he embraces, and uses…ask JP Morgan CEO, Jamie Dimon.
Now before I share this story, I must say in full disclosure I wear Asics.
As reported by The Boston Globe, “New Balance is renewing its opposition to the far-reaching Pacific Rim trade deal, saying the Obama administration reneged on a promise to give the sneaker maker a fair shot at military business if it stopped bad-mouthing the agreement.
After several years of resistance to the Trans-Pacific Partnership, a pact aimed at making it easier to conduct trade among the United States and 11 other countries, the Boston company had gone quiet last year. New Balance officials say one big reason is that they were told the Department of Defense would give them serious consideration for a contract to outfit recruits with athletic shoes.
But no order has been placed, and New Balance officials say the Pentagon is intentionally delaying any purchase.
New Balance is reviving its fight against the trade deal, which would, in part, gradually phase out tariffs on shoes made in Vietnam. A loss of those tariffs, the company says, would make imports cheaper and jeopardize its factory jobs in New England.
The administration has made the pact a priority. It could be voted on by Congress later this year, though possibly not until after the November elections.
“We swallowed the poison pill that is TPP so we could have a chance to bid on these contracts,” said Matt LeBretton, New Balance’s vice president of public affairs. “We were assured this would be a top-down approach at the Department of Defense if we agreed to either support or remain neutral on TPP. [But] the chances of the Department of Defense buying shoes that are made in the USA are slim to none while Obama is president.”
Now what I love is, if this were a Republican president, this story would be playing full cycle 24/7 on all the liberal progressive media outlets. But what really is humorous is the fact that the leftists complain about crony capitalism and corporate welfare and scheming. Well, what do they call this?
Here is a clear example of exactly what ills our free market system: government intervention. So here’s my attempt to understand the logic.
President Obama wanted to silence criticism of New Balance so he offered them ….
FULL STORY CONTINUES HERE: