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2012/07/19

Markey (D-MA): China Burning US High Tech Manufacturing, Republicans Give China Gas

-What a jerk. 



01:15:43I THANK THE GENTLELADY.
01:15:51CHINA'S RARE EARTH POLICIES DO BURN AMERICA'S HIGH-TECH MANUFACTURING COMPETITIVENESS, AND THE REPUBLICANS JUST WANT TO THROW GAS ON THE FIRE.
01:16:03AMERICAN NATURAL GAS.
01:16:05OUR GREATEST COMPETITIVE ADVANTAGE IN MANUFACTURING RIGHT NOW IS LOW-PRICED DOMESTIC NATURAL GAS, BUT THE REPUBLICANS WANT TO EXPORT THAT COMPETITIVE EDGE TO CHINA AND TO DEVELOP A GLOBAL NATURAL GAS MARKET SO THAT THE UNITED STATES' NATURAL GAS PRICES TRIPLE HERE DOMESTICALLY OR QUADRUPLE TO MATCH THE PRICES THE REST OF THE WORLD PAYS.
01:16:32CHINA WILL NOT SEND THEIR RARE EARTH MINERALS TO THE UNITED STATES, BUT REPUBLICANS HAVE CONTINUALLY VOTED TO ALLOW EXPORTS OF OUR LOW-COST NATURAL GAS, OUR MANUFACTURING ADVANTAGE, TO CHINA.
01:16:47THIS IS A ONE-WAY TICKET TO MANUFACTURING OBLIVION.
01:16:55NATURAL GAS IN OUR COUNTRY IS SIX TO SEVEN TIMES LESS EXPENSIVE THAN NATURAL GAS IN CHINA.
01:17:03IT IS FOUR TIMES LESS EXPENSIVE THAN NATURAL GAS IN EUROPE.
01:17:07THAT IS OUR COMPETITIVE ADVANTAGE.
01:17:12WHAT THE REPUBLICANS HAVE CONSISTENTLY DONE SINCE THEY HAVE TAKEN OVER THE MAJORITY IS TO PUT IN PLACE POLICIES TO EXPORT OUR NATURAL GAS THAT IS SIX TIMES LESS EXPENSIVE TO CHINA THAT WILL THEN BE USED IN THE MANUFACTURE OF EVERY PRODUCT THAT THEY WILL THEN SELL BACK TO US UNDERMINING EVERY MANUFACTURING INDUSTRY IN THE UNITED STATES AS WE SUPPLY THE VERY VALUABLE, PRECIOUS NATURAL GAS THEY NEED IN ORDER TO HARM DRAMATICALLY THE AMERICAN ECONOMY.
01:17:53AND WHERE DO THEY SHOW UP?
01:17:55THEY SHOW UP HERE WITH CROCODILE TEARS ABOUT THE RESTRICTIONS WHICH THE NATIONAL ENVIRONMENTAL PROTECTION ACT PLAYS UPON -- PLACES UPON MINING FOR SAND, MINING FOR GOLD, MINING FOR SILVER.
01:18:14YOU REALLY THINK THAT'S THE WAY WE ARE GOING TO GET BACK INTO A BETTER COMPETITIVE STANDS AGAINST THE CHINESE -- STANCE AGAINST THE CHINESE AS YOU ARE SAYING NO, LET'S SELL OUR NATURAL GAS THAT'S SIX TIMES LESS EXPENSIVE THAN THE NATURAL GAS THEY HAVE IN AMERICA FUELING THEIR INDUSTRIES?
01:18:34POLICY.
01:18:34THAT'S JUST AN UPSIDE-DOWN IT'S JUST DEALING WITH THE PERIPHERY OF THE CHALLENGE THAT CHINA PRESENTS TO US.
01:18:43AND NOT EVEN IN AN EFFECTIVE WAY.
01:18:45RATHER THAN GOING RIGHT TO THE CORE OF HOW THEY ARE EXPLOITING THIS MINDLESS COMMITMENT TO NOT JUST AMERICAN PETROLEUM INSTITUTE, WE MIGHT AS WELL CALL IT THE WORLD PETROLEUM INSTITUTE BECAUSE THEY DON'T REPRESENT AMERICAN INTERESTS, BUT THAT'S WHAT WE HAVE TO DO HERE ON THE FLOOR OF THE HOUSE OF REPRESENTATIVES.
01:19:05THAT'S WHAT OUR AMENDMENT TODAY OUR COUNTRY.
01:19:06WILL HELP TO ENSURE WE DO FOR I THANK THE GENTLELADY.


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