Daily Topics - Thursday October 26th, 2017
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By thboardop
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Coming up today on The Thom Hartmann Program - Your Home for the Resistance:
- The Price We Pay for Having the GOP in Power...
- Privacy vs. Convenience...What's More Important?
- Tax Cuts & the Failure of Capitalism - Economist Dr. Richard Wolff, Democracy At Work / Capitalism's Crisis Deepens: Essays on the Global Economic Meltdown
...LIVE from 12-3pm ET...
Thom,The Jones act was passed specifically to preserve the US Merchant Marine which has always been in jeopardy of disappearing completely, due to foreign flagged vessels undercutting the shipping trade. It states that vessels plying our own waters must be US flagged. This means they will be inspected for safety, proper officer training and Coast Guard licensing, and manned by unionized US Citizens. Without these safeguards, our fleet would disappear, with all the implications for trade, and national defense. Once the ships and men are gone, a key component of our transport system would be left to the tender mercies of the Greeks, Panamanians, Koreans, Chinese, etc. who already sail and control the majority of our trade.
Thanks,
Mike