Paul Ryan on ObamaTrade Fail: ‘This isn’t over yet.’

House Budget Committee Chairman Paul Ryan, R-Wis., declares that he was “disappointed” in President Obama’s speech on a federal spending plan, during a news conference at the Capitol in Washington, Wednesday, April 13, 2011. (AP Photo/J. Scott Applewhite)

The Obama secret trade deal failed in the House yesterday, but the president’s loyal supporters aren’t giving up.

WaPo via Drudge:

House Democrats dealt President Obama a humiliating defeat on his free-trade initiative Friday, derailing a key priority for the president and rebuffing his rare, personal pleas for their support.

The defeat at the hands of his own party placed Obama’s trade agenda in limbo and exposed deep party divisions on economic policy, leaving the pro-trade Democrats marginalized by the anti-corporate wing of the party, which has been on the rise since the 2008 financial collapse. It also exposed the weakening hand of House Minority Leader Nancy Pelosi (D-Calif.), who had worked for days to avoid a Democratic takedown of the president’s agenda, only to throw her support in with the rank-and-file rebellion at the last minute.

The fate of the trade legislation now depends on Obama’s ability, along with business-friendly interests, to persuade dozens of Democrats to switch their votes before a planned do-over vote early next week…

“The president has some work yet to do with his party to complete this process,” said Rep. Paul Ryan (R-Wis.), chairman of the House Ways and Means Committee. “This isn’t over yet.” [More here]

Thanks for the warning Paul Ryan; I’m sure that you and John Boehner and Mitch McConnell will figure out a way to help Obama stick it in Americans’ shorts work it out.

Breitbart:

It appears there will be another attempt by Tuesday to force through new executive powers for President Obama. A vote for TAA next week is a vote to send fast-track to the President’s desk and to grant him these broad new executive authorities. If that happens, it will empower the President to form a Pacific Union encompassing 40 percent of the world’s economy and 12 nations—each with one equal vote. Once the union is formed, foreign bureaucrats will be required to meet regularly to write the Commission’s rules, regulations, and directives—impacting Americans’ jobs, wages, and sovereignty. The union is chartered with a “Living Agreement,” and there is no doubt it will seek to expand its membership and reach over time.

Fast-track will not only apply to the Pacific Union, but can expedite an unlimited number of yet-unseen international compacts for six years. There are already plans to advance through fast-track the Trade in Services Agreement, the goal of which includes labor mobility among more than 50 nations, further eroding the ability of the American people to control their own affairs.

Americans do not want this, did not ask for it, and are pleading from their hearts for their lawmakers to stop it. [read it all]

Remember the last time establishment Republicans and Barack Obama fast tracked something? We called it Cromnibus. Or the time before that?

So what’s the rush, Paul Ryan? I mean, it’s not like the United States has an emergency shortage of Gameboys, Kias or Samsung phones.

We grow better rice than the Japanese, but it’s not like a bona fide Japanese person will ever eat any of it.

Republican FUBARs like this are a primary reason 4 million conservative voters stayed home in 2012 to watch American Idol.

We can question the wisdom of those voters for foolishly allowing Barack Obama a second term, but we cannot question their frustration at a party that has so completely lost touch with its base.

File Under: The Wrong Right Turn