| 00:00:24 |
Unidentified Speaker, -
THE ONLY WAY IN WHICH WE CAN GET THE BENEFITS OF THIS AGREEMENT IS TONi PASS PERMANENT NTR, NORM TRADING RELATIONS STATE TUSS FOR CHINA. >> WE WILL...
|
| 00:00:57 |
Unidentified Speaker, -
PULLING OUT ALL THE STOPS INCLUDING -- >> A LITTLE BIT ON THE MOOD HERE IN WASHINGTON. >> WELL, THE MOOD IS NOT COMBATIVE, BUT WE HAVE A LOT OF...
|
| 00:01:37 |
Unidentified Speaker, -
CONGRESS, PRIMARILY TO MAKE SURE THAT THEY UNDERSTAND WHAT THE SIGNIFICANCE OF THE VOTE IS , WHAT IT IS AND
|
| 00:01:43 |
Unidentified Speaker, -
IT ISN'T. WHAT WE'VE FOUND IS THERE IS CONFUSION AMONG A NUMBER OF MEMBERS OF CONGRESS, FOR EXAMPLE, WHO MAY FEEL THAT BY DENYING PERMANENT NORMAL TRADING...
|
| 00:02:32 |
Unidentified Speaker, -
YESTERDAY. CALLER: THAT'S 2-1. I HOPE YOU GET SOME BALANCE THERE. MY COMMENT IS
|
| 00:02:36 |
Unidentified Speaker, -
THAT THERE'S NO FREE TRADE. ALL TRADE IS NEGOTIATED. AND THE ONE THING ABOUT THE NEGOTIATIONS IS THAT
|
| 00:02:42 |
Unidentified Speaker, -
THE WORKERS OF BOTH COUNTRIES ARE LEFT OUT OF IT. THERE IS NO BALANCE. I THINK MOST OF THE OPPONENTS OF THIS ARE FOR INCREASED TRADE, BUT THEY
|
| 00:02:51 |
Unidentified Speaker, -
WANT IT TO BE BALANCED. RIGHT NOW, WALL STREET GETS ITS WAY AND BUSINESS GETS ITS WAY. THERE'S NOBODY MARCHING IN THE STREETS FOR THIS AGREEMENT. AT...
|
| 00:03:29 |
Unidentified Speaker, -
ABOUT THE NEGOTIATIONS BEING TWO WAYS.
|
| 00:03:32 |
Unidentified Speaker, -
IT'S INTERESTING. THIS PARTICULAR NEGOTIATION WITH CHINA WAS, IN A SENSE, A ONE-WAY NEGOTIATION. WHAT THE U.S. NEGOTIATORS WERE DOING WERE BRINGING...
|
| 00:04:34 |
Unidentified Speaker, -
YEAR. IS THE GUEST SAYING THAT THE W.T.O. WON'T ALLOW THEM INTO THE W.T.O. IF WE DON'T ALLOW THEM AS PERMANENT UNCHECKED TRADE? I MEAN THEY'VE BLATANTLY...
|
| 00:05:17 |
Unidentified Speaker, -
BENEFIT AS WELL AS OTHER
|
| 00:05:19 |
Unidentified Speaker, -
COUNTRIES'. AND THE CALLER ALSO MADE A POINT, OBVIOUSLY RAISING SOME CONCERNS THAT ARE ON THE MINDS OF MANY PEOPLE, AND ALSO ON THE MINDS OF CONGRESSMEN...
|
| 00:06:30 |
Unidentified Speaker, -
OF STORY AND THE TIMING OF IT? >> WELL, IT'S A VERY POSITIVE STORY. WE'RE CERTAINLY HOPEFUL THAT THE TWO PARTIES CAN BEGIN THEIR DISCUSSIONS AND BEGIN...
|
| 00:06:49 |
Unidentified Speaker, -
HAS NEGOTIATED A DEAL WITH THE UNITED STATES IN ORDER TO ENTER THE WORLD
|
| 00:06:54 |
Unidentified Speaker, -
TRADE ORGANIZATION. AND TAIWAN WILL NOT BECOME A MEMBER OF THE WORLD TRADE ORGANIZATION, WHICH IT WANTS VERY MUCH, UNTIL THE -- UNTIL CHINA...
|
| 00:07:27 |
Unidentified Speaker, -
THIS IS NOT GOING TO DO ANYTHING TO OPEN UP JOBS FOR THE PEOPLE IN THIS COUNTRY. WHAT IT'S GOING TO DO IS SEND CORPORATIONS OVER THERE TO USE THE SLAVE...
|
| 00:08:06 |
Unidentified Speaker, -
WERE RANGING --
|
| 00:08:08 |
Unidentified Speaker, -
MANUFACTURING WAGES RANGING ANYWHERE FROM $4 TO ROUGHLY $9 AN HOUR. AND ON AVERAGE, THEY WERE TWICE THE NORMAL WAGE RATE IN CHINA. AND WE NEED...
|
| 00:10:12 |
Unidentified Speaker, -
HIGH-TECH COMPANIES IN THE U.S., MOST OF THEM OF COURSE SMALL TO MEDIUM-SIZE COMPANIES. THEY IN TURN REPRESENT -- THESE COMPANIES, IN TURN, EMPLOY MILLIONS...
|
| 00:10:23 |
Unidentified Speaker, -
OR THE COALITION WAS BROUGHT TOGETHER DURING THE LAST THREE YEARS TO ADVISE THE U.S. GOVERNMENT ON WHAT OUR OBJECTIVES WERE IN THE NEGOTIATIONS THEMSELVES....
|
| 00:11:07 |
Unidentified Speaker, -
THAT CHINA HAS NEVER AND WILL NEVER COMPLY WITH ALL THE RULES AND REGULATIONS THAT ARE NEEDED TO MAKE THIS A SUCCESS. BASICALLY, THE CHINESE LEADERS...
|
| 00:12:01 |
Unidentified Speaker, -
A MONOLITH. THERE ARE A NUMBER OF DIFFERENT PARTS OF CHINA, THERE CERTAINLY ARE THE REFORM ELEMENTS THAT HAVE BEEN GAINING GROUND IN BRINGING ABOUT...
|
| 00:12:55 |
Unidentified Speaker, -
BE SOME PROTECTION FOR THE AMERICAN WORKERS, THEY'LL BE SENT TO RETRAINING CAMPS OR WHATEVER, BUT THAT'S NOT EXACTLY THE SAME AS HAVING A GOOD,...
|
| 00:13:35 |
Unidentified Speaker, -
OUR
|
| 00:13:36 |
Unidentified Speaker, -
BORDERS. >> LET'S GET A CALL FROM HASBROOK HEIGHTS, NEW JERSEY. GO AHEAD, NEW JERSEY, REPUBLICANS LINE. CALLER: HELLO. >> HELLO. CALLER: HI. I'M A LITTLE...
|
| 00:14:00 |
Unidentified Speaker, -
DRY, WE'RE GOING TO BE CONQUERED BY OUR OWN GREED BECAUSE THEY'LL NEVER, NEVER
|
| 00:14:05 |
Unidentified Speaker, -
ALLOW THIS TO HAPPEN. THEY'LL BE LIKE THE JAPANESE, THEY'LL THROW EVERYTHING BACK AT US IN BULLETS. THANK YOU. >> THANKS. ANY THOUGHTS? >> ONLY THAT...
|
| 00:14:31 |
Unidentified Speaker, -
INTERNATIONAL GOVERNMENT AFFAIRS AT HEWLETT-PACKARD, ALSO CHAIRMAN OF THE U.S. HIGH TECH INDUSTRY COALITION ON CHINA. ONE DAY TO GO BEFORE THE
|
| 00:14:38 |
Unidentified Speaker, -
BIG VOTE. "NEW YORK TIMES" REPORTS ON A LAST DITCH EFFORT BY TWO SIDES TO WIN THE VOTE. AND IT SAYS THAT BACKERS STEP UP AD CAMPAIGN AND UNIONS PLAN...
|
| 00:14:49 |
Unidentified Speaker, -
VIGIL AT THE CAPITOL. WE'LL HAVE COVERAGE OF TWO EVENTS ON EITHER SIDE OF THIS ISSUE TODAY. WE'LL GET THEM ON THE AIR THIS EVENING OR TONIGHT FOR YOU....
|
| 00:15:22 |
Unidentified Speaker, -
AND PASSED OUT RECOMMENDATION TO THE FULL HOUSE AND SENATE THAT THEY SHOULD PASS THE BILL, THAT VOTE WAS 34-4 IN THE WAYS AND COMMITTEE AND 18-1 IN...
|
| 00:16:11 |
Unidentified Speaker, -
ARE YOU HEARING FROM THESE UNDECIDEDS AND WHAT KIND OF THINGS ARE YOU SAYING OR DOING TO LAY ANY -- ALAY ANY CONCERNS THEY HAVE? >> WELL, THERE...
|
| 00:16:20 |
Unidentified Speaker, -
LINGERING CONCERNS ABOUT GIVING UP THE ANNUAL REVIEW AND THERE ARE, OH -- SOME OF THE CALLERS MENTIONED THE CONCERNS ABOUT JOB LOSS AND SO ON. I...
|
| 00:16:31 |
Unidentified Speaker, -
TRYING TO COUNTER ARGUMENTS THAT, FOR EXAMPLE, THAT THIS WOULD BRING ABOUT A HUGE JOB LOSS IN THE U.S., FOR EXAMPLE.
|
| 00:16:40 |
Unidentified Speaker, -
WHERE WE HAVE A -- FOR EXAMPLE, WE HAVE A ONE-SIDED DEAL, WHICH WE VIEW AS ONE-SIDED WHERE CHINA IS BASICALLY MAKING ALL OF THE MARKET OPENING CONCESSIONS...
|
| 00:17:24 |
Unidentified Speaker, -
WE FORGOTTEN THEY TOOK OUR TECHNOLOGY AND ARE NOW USING THE SATELLITE TECHNOLOGY AGAINST US. I UNDERSTAND FROM THE 700 CLUB, THE 13 NUCLEAR MISSILES IS...
|
| 00:18:16 |
Unidentified Speaker, -
IN THE HIGH TECHNOLOGY. SO THERE ARE A NUMBER OF CHINESE WHO
|
| 00:18:19 |
Unidentified Speaker, -
ARE BUYING OUR PRODUCTS, AND THAT NUMBER IS EXPANDING QUITE A BIT. THE GENTLEMAN BROUGHT UP A LEGITIMATE SECURITY CONCERN. THIS IS SOME OF THE CONCERNS...
|
| 00:19:11 |
Unidentified Speaker, -
OF EVERY RELIGIOUS PRINCIPLE THAT THIS COUNTRY HAS BEEN FOUNDED ON. YOU ARE DEALING WITH A DEVIL, YOU AND YOUR C.E.O.'S WHOSE SALARIES HAVE GONE UP...
|
| 00:19:22 |
Unidentified Speaker, -
YEARS WHILE THE AVERAGE MEDIAN WAGE HAS ONLY GONE UP 28% SEEM TO BE CODDLING UP TO CONGRESS AND STRIKING ANOTHER FAILED TRADE AGREEMENT. AND I'LL GIVE...
|
| 00:20:31 |
Unidentified Speaker, -
OF INTEGRITY AND OVER THE LONG RUN, WE
|
| 00:20:35 |
Unidentified Speaker, -
BELIEVE THAT BY THIS KIND OF ENGAGEMENT, FORWARD ENGAGEMENT, THAT WE WILL BRING ABOUT THE KINDS OF REFORMS WE'D LIKE TO SEE. SUCH THAT THE AMOUNT OF...
|
| 00:21:13 |
Unidentified Speaker, -
WILL OCCUR IN CHINA. OBVIOUSLY, THERE IS A LOT OF RESISTANCE IN PARTS OF CHINA TO THESE KINDS OF REFORM BECAUSE THEY ARE DRAMATIC. THEY ARE THE KINDS...
|
| 00:21:22 |
Unidentified Speaker, -
TO VEE AND THE KINDS OF REFORMS THAT THEY'RE NOT USED TO. SO WE'RE NOT NAIVE. THE INDUSTRY IS ALREADY GEARING UP, BEGINNING TO EVALUATE HOW IT WILL...
|
| 00:22:50 |
Unidentified Speaker, -
THIS IS GOING TO BRING PEOPLE LOWER COST. I DON'T HEAR ANYBODY OUT CLAMORING IN THE STREETS
|
| 00:22:57 |
Unidentified Speaker, -
FOR LOWER COSTS. I'M IN SALES MYSELF. EVERYBODY KEEPS SAYING NOBODY WANTS TO PAY THIS FOR THAT, BUT NOBODY'S CLAMORING FOR LOWER COSTS. THEY SAY...
|
| 00:23:34 |
Unidentified Speaker, -
CLOSED MARKET, VERY DIFFERENT
|
| 00:23:35 |
Unidentified Speaker, -
FROM WHAT OUR MARKET IS. ON THE OTHER HAND, OUR MARKET, THE U.S. MARKET HAS BEEN VERY OPEN TO IMPORTS FROM CHINA, VERY LOW BARRIERS, AND SO ON. SO TO...
|
| 00:24:37 |
Unidentified Speaker, -
WITH THAT, I BELIEVE. BUT THE THING I'M REALLY CONCERNED ABOUT, I'M READING AN ARTICLE HERE ABOUT THE OIL INDUSTRY OUT IN TULSA, OKLAHOMA, OUT HERE,...
|
| 00:26:31 |
Unidentified Speaker, -
AND SKILLS UP TO BE ABLE TO MANAGE THE -- SOME OF THE
|
| 00:26:36 |
Unidentified Speaker, -
NEW TECHNOLOGIES, BUT OTHER INDUSTRIES AS WELL. WE DO HAVE OUR WORK CUT OUT FOR US. WE ARE LIVING IN A VERY COMPETITIVE WORLD MARK MARKETPLACE. AND...
|
| 00:27:15 |
Unidentified Speaker, -
TO A TOP ADMINISTRATION PRIORITY. LET'S GET A CALL FROM GLOBE, ARIZONA. GOOD MORNING. CALLER: GOOD MORNING. MR. WHITTAKER, YOU MAY HAVE ALL THE MONEY...
|
| 00:28:10 |
Unidentified Speaker, -
THESE BIG COMPANIES THAT GO OVER THERE AND SET UP SHOP
|
| 00:28:13 |
Unidentified Speaker, -
OVER THERE FOR THE CHEAP LABOR, WE'RE SUPPOSED TO GET CHEAP PRICES HERE, BUT FOR THE LAST FOUR OR FIVE YEARS IN
|
| 00:28:22 |
Unidentified Speaker, -
THE DEPARTMENT STORES AROUND HERE, I HAVE NOT SEEN CHEAPER PRICES ON ANY OF THESE FOREIGN GOODS. AND THE MAJORITY OF THE GOODS IN THESE STORES ARE...
|
| 00:29:10 |
Unidentified Speaker, -
LOW HERE IN THE U.S.
|
| 00:29:13 |
Unidentified Speaker, -
ALREADY AND THAT THIS PNTR AND W.T.O. DEAL DOESN'T MAKE THAT A REALTY. THAT'S THE COMPETITION THAT'S OCCURRING. WE WOULD HOPE YOU WOULD SEE BETTER PRICES....
|
| 00:29:47 |
Unidentified Speaker, -
POLITICAL CONCERNS FORCE THE U.S. TO MAKE ANOTHER POLICY DECISION AND HEWLETT-PACKARD WOULD BE, YOU KNOW, AFFECTED SOCIALLY, PUBLICLY AND ECONOMICALLY?...
|
| 00:30:28 |
Unidentified Speaker, -
BE ABLE TO DISCRIMINATE
|
| 00:30:30 |
Unidentified Speaker, -
AGAINST AMERICAN-MADE PRODUCTS AND SERVICES. AND BASICALLY, THEY WOULD GIVE THAT BUSINESS AND GIVE THOSE JOBS THAT ARE RELATED TO THAT BUSINESS...
|
| 00:31:31 |
Unidentified Speaker, -
BACK. <]Nw >>
|
| 00:31:34 |
Unidentified Speaker, -
|
| 00:31:36 |
Unidentified Speaker, -
WE'RE
|
NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.