Brad Sherman

This Korea free trade agreement, it allows goods to be 65 percent made in China.

But the other approach is for us to force a crisis in this relationship because I think we already have a crisis for the United States.

You'll also have the joy of the sign-on letters, where you send letters to the Chinese Embassy and sign your name.

I do want to mention a word or two about the bill I'll be re-introducing.

My bill is designed to create an immediate crisis. Six months to negotiate a whole new trade process with China, rather than just end all U.S.-Chinese trade.

What we could do instead is introduce and adopt legislation prohibiting state, local, and Federal Governments from procuring anything from China until such time as they sign the WTO agreement on procurement and are certified by our…

Okay. Looking at the Korea free trade agreement, you have made an estimate that it would reduce our trade deficit slightly.

Most organizations when they make a $2 trillion error, go back and look at that even without having to be prodded by a bald congressman from California, but I'm happy to play that role.

The only way to achieve this is for Congress to revoke most favored nation status for China.

I for one have lost patience with China and our trade policies toward China.

The Economic Policy Institute estimates that roughly 2.4 million American jobs were lost as a result of our intentional blindness to this trade deficit.

The United States-China trade deficit swelled from $83 billion... to a record high of $273 billion in 2010.

In the Year 2000, the United States made an enormous blunder in granting Permanent Most Favored Nation status to China.

The failure of the credit rating agencies were essential cogs in the wheel of financial destruction

Dodd-Frank redirects the CFTC to adopt commodity position limits in order to prevent excessive price fluctuation and, of course, deliberate market manipulation.

So it is worse for home buyers, worse for home sellers, worse for communities, and worse for the taxpayer.

It is a buyer's market. We need to take advantage of this buyer's market, and at some point if these owners instead use their legal entitlements to put up mansions, we will never be able to restore the view shed.

So simple poverty alleviation itself cannot be justified as a good investment in our, in the global war on terrorism.

Unfortunately, we live in an unreasonable world. Poverty does not correlate with international terrorism.

I believe in foreign aid development because it is the right thing to do. But we are told to go to our districts and sell it as a necessary component in the war on terrorism, something we do for our national security, not just out of…

Who is watching out for the American people? It is supposed to be us.

There is no excuse for that.

Our Government has not been representing the interests of the American people.

I am very concerned about the trade deficit we have with that region.

The United States will be hosting the APEC conference in 2011, and I hope that we will host it in Los Angeles.