08-05-2003 01:16									#61
	Got spare money?

None that I know of. I think all agricultural subsidies are handeled by the EU. I remember it was quite a ruckus when Schröder suggested that agricultural subsidies (along with investemnt funds) should become the responsibility of individual countries.

	08-05-2003 01:18									#62
	Remove this text

quote: Originally posted by Sava Not at all. I'm the same Sava. Bush? Why would I like Bush? He's giving out record amounts of corporate welfare, pork, subsidies, and such. He even placed tariffs on foreign steel. At this point, and as an American, I want to improve things in America. I'll worry about the rest of the world after we've fixed our own problems.

I agree, not only has the Bush Administration been one of the most aggressive social fascists, their economic policies have been anti-free market and anti-free trade. The steel tariffs and Canadian Lumber trade barriers basically are making his administration the most statist in American history.

	08-05-2003 01:22									#63
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I have a problem with their being any agricultural subsidies. However I am saying as a small side point, if the UK put the most into the EU (IIRC) why do the French get more out? How much the produce isn't the issue, but how much do they need? They produce more, partly because they are subsidised. We all need to produce less, and stop dumping. It costs both the EU and the 3rd World money, which neither can really afford.

	08-05-2003 01:23									#64
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quote: Originally posted by Drogue That answer your question? Maybe not most of it to France, but more than any other nation.

22 % is correct for 2001. About 10 % for the UK.

Pretty much in line with agro sector value added (I think 23 % for France, 7-9 % for UK).

I'd scrap CAP tomorrow if it were my decision, but that crap about the big french CAP rip-off is just rubbish. Btw, there's also not that much difference between UK and French net contributions to the EU budget.

GP: Yes there are national subsidies too. Makes the total of ~100 billion.

	08-05-2003 01:29									#65
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Hersh: That was just meant as a little side point. I want to scrap it, as a main thing. If not, I would like to reduce it a lot. Most does go to the French, compared to other nations, which is all I said. I don't think it's "big french... rip-off". I think it's a big rip-off, that is mainly supported, and helping, the French.

	08-05-2003 02:30									#66
	Got spare money?

Anyone? What is the Foreign Service Corporation and how does it subsidize exports?

	08-05-2003 02:49									#67
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Special tax breaks for income from exports for US corps, attributed according to campaign contribution (which makes negotiating adjustments so cumbersome).

	08-05-2003 03:03									#68
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quote: Originally posted by HershOstropoler Special tax breaks for income from exports for US corps, attributed according to campaign contribution (which makes negotiating adjustments so cumbersome).

HO, thanks. I had a question in another thread that you might be able to answer. On Jan. 31, 1951, the UN SC unanimously passed a resolution that it was no longer "siezed" of the complaint concerning the agression of the North Koreans.

Does this mean that to the extent that the US and allied troops thereafter prosecuted the war, they no longer prosecuted it under the authority of the UN?

	08-05-2003 03:38									#69
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quote: Originally posted by HershOstropoler Special tax breaks for income from exports for US corps, attributed according to campaign contribution (which makes negotiating adjustments so cumbersome).

1. Sometimes your writing is hard for me to untangle. Are you saying that the amount of the tax break depends on a firm's political campaign contributions?

2. Ned, do a Google on Foreign Service (or Sales) Corporation tax break exports. You will get a bunch of stuff. Here is one:

http://www.ita.doc.gov/exportameric...ber2000/FSC.pdf

	08-05-2003 04:22									#70
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quote: Originally posted by paiktis22 GP, funny answer that. Restaurants are easy to close and open. Pay attention military failure, the poles lost their businesses and their consumers have to pay more for crap food.

Paying attention is doable for a while, but no one can figure out what you mean. How the hell can prices be high, but no one can get into the market? Are there some barriers that we don't know about?

	08-05-2003 04:34									#71
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this thread does fine

* Bereta_Eder adds a bit of salt

	08-05-2003 04:40									#72
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kidicious, ame3rican fast foods came in and closed the polish cheap restaurants. that's all i know.

	08-05-2003 04:44									#73
	Help yourself to an AD-FREE life

The Polish government should subsidize some loans so people can get into the action.

Last edited by Kidicious on 08-05-2003 at 04:58

	08-05-2003 04:51									#74
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GP, Thanks for the link. The document is dated Dec. 2000 and described a statutory change that keeps the FSC's and tax breaks, but extend them to only 50% US content. Because the furor continues, I see that this change was not sufficient.

I agree with the general sentiment that export subsidies make no sense on a variety of levels. I wonder why we would ever do such a thing except for campaign contributions.

This passed in 1984. Reagan was in charge then.

	08-05-2003 05:26									#75
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The people who should complain about export subsidies are the taxpayers in the originating country. The countries getting the subsidized goods have nothing to complain about and something to be thankful for.

	08-05-2003 05:27									#76
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BTW, my view is the classic, orthodox capitalist view. Other views are neomercantalist or protectionist.

	08-05-2003 05:37									#77
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France, Germany and Russia . And Greece.
Slap them into next week.

	08-05-2003 05:39									#78
	Lose 30 kilos (of popups)

No wonder you teach ski GP.

	08-05-2003 05:44									#79
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quote: Originally posted by paiktis22 No wonder you teach ski GP.

I sold out. Will be working for an evil company again. Maybe i should turn over a new leaf and leave the internet?

	08-05-2003 05:46									#80
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What happened? You now fail to seduce even bored old ladies for a living?

	08-05-2003 06:27									#81
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I never did that for a living. I specialize more in being all nice and getting them to fall in me and then feeling bad when I don't marry them.

	08-05-2003 11:23									#82
	Avatar Enlargement: We've got the solution

"Are you saying that the amount of the tax break depends on a firm's political campaign contributions?"

Pretty much so. This thing would be extremely easily fixed by exempting foreign revenue from US taxation in general - ie a tax cut (the scheme goes a bit further in some aspects IIRC, but a key problem is the US idea to tax US "citizens" whereever they make their money). It's really funny that the EU is doing the US a big favour there, which goes, of course, against the interest of your political elite.

But the lobbyists are fighting tooth and nail about every dollar, and it seems their worst nightmare is another company profiting more from adjustments. Congress the good ***** that it is, obliges...

Or how do you explain that they just didn't pass the simple general exemption?

"On Jan. 31, 1951, the UN SC unanimously passed a resolution that it was no longer "siezed" of the complaint concerning the agression of the North Koreans."

Looks like a procedural decision to no longer seek to resolve this complaint, probably because north Korea did not respond. Does not affect the authorization of force.

Last edited by HershOstropoler on 08-05-2003 at 11:32

	08-05-2003 11:30									#83
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This article is in the NYT archive, so there's only the free summary:

quote: Business/Financial Desk | September 20, 2002, Friday A Civil War Within a Trade Dispute By EDMUND L. ANDREWS (NYT) 1496 words Late Edition - Final , Section C , Page 1 , Column 2 ABSTRACT - Obscure trade dispute between Europe and US has turned into political brawl over $100 billion in corporate tax breaks that pits many of America's biggest companies against one another; business interests are so divided and corporate intrigue so intense that Congress has become all but paralyzed over issue; consequences of stalemate could be severe; World Trade Organization has repeatedly ruled that American tax break for what are known as foreign sales corporations amounts to illegal trade subsidy; arrangement provides huge benefit to many multinationals by allowing American companies to reduce their taxes on profits from exports by channeling sales through foreign sales corporation, based in low-tax country; trans-Atlantic trade war could develop if US refuses to eliminate or fundamentally change break; European Union is entitled to impose up to $4 billion in retaliatory tariffs on American exports; House Ways and Means Committee chairman Bill Thomas has sponsored bill aimed at resolving dispute; many fellow Republicans, including Rep Jennifer Dunn, oppose plan; photo (M) What began as an obscure trade dispute between Europe and the United States has turned into a political brawl over $100 billion in corporate tax breaks that pits many of America's biggest companies against one another. In the behind-the-scenes lobbying battle, Boeing is lining up against General Motors, Walt Disney against AOL Time Warner, Caterpillar against Deere, and Microsoft against I.B.M.

	08-05-2003 11:42									#84
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The EU is almost as much of a bunch of hypocrital exploitive bastards regarding trade policy as the US, so I don't feel any particular sympathy for them. As far as I'm concerned, both governments can go to hell.

	08-05-2003 11:44									#85
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Towards the third world? Yes, it's impossible to tell which one is worse.

	08-05-2003 12:13									#86
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The EU and US shouldn't need to protect their companies form each other. Politicians on both sides say their workers are best in the world, they should let them prove it.

	08-05-2003 17:45									#87
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quote: Originally posted by HershOstropoler "Are you saying that the amount of the tax break depends on a firm's political campaign contributions?" Pretty much so. This thing would be extremely easily fixed by exempting foreign revenue from US taxation in general - ie a tax cut (the scheme goes a bit further in some aspects IIRC, but a key problem is the US idea to tax US "citizens" whereever they make their money). It's really funny that the EU is doing the US a big favour there, which goes, of course, against the interest of your political elite. But the lobbyists are fighting tooth and nail about every dollar, and it seems their worst nightmare is another company profiting more from adjustments. Congress the good ***** that it is, obliges... Or how do you explain that they just didn't pass the simple general exemption? "On Jan. 31, 1951, the UN SC unanimously passed a resolution that it was no longer "siezed" of the complaint concerning the agression of the North Koreans." Looks like a procedural decision to no longer seek to resolve this complaint, probably because north Korea did not respond. Does not affect the authorization of force.

Huh? I think you are saying that the lobbying for the tax break itself consists of political campaign support. Not that individual companies have specific exampetions based on campaign contributions. If the latter, please give me the specific text of the act that supports this.

	08-05-2003 17:54									#88
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"I think you are saying that the lobbying for the tax break itself consists of political campaign support."

No, just that the corps bought the exemptions via lobbyists.

"Not that individual companies have specific exampetions based on campaign contributions. If the latter, please give me the specific text of the act that supports this."

One-eyed red-haired lesbians on drug rehabilitation in west virginia - legislation.

	08-05-2003 18:14									#89
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"Special tax breaks for income from exports for US corps, attributed according to campaign contribution (which makes negotiating adjustments so cumbersome)."

Take another look at this sentence. You are either sloppy in communication or don't understand the English grammar here. This is why it is a pisser to talk to you sometimes.

	08-05-2003 18:21									#90
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quote: I assume this help will be tremendous in Poland.

Not quite, as Polish farmers will be given only 25% of the subsidies that farmers in EU will get, and may add no more than 15% to if from its own budget.