Ed Silverstein, TMCNet, “Manufacturers Meet with U.S. Officials on Intellectual Property Theft Problem“:
Representatives from the National Association of Manufacturers (NAM) met in person with U.S. Intellectual Property Enforcement Coordinator Victoria Espinel in Illinois to discuss the growing problem of intellectual property theft.
Manufacturers talked with Espinel on Oct. 8, about the challenges and solutions for protecting intellectual property rights.
Associated Press, “Administration Delays China Currency Report“:
U.S. manufacturers believe China’s currency is undervalued by as much as 40 percent, making U.S. goods more expensive in China and Chinese goods cheaper and thus more competitive in the U.S. market.
Frank Vargo, vice president for international affairs at the National Association of Manufacturers, said his group would like to see a much more rapid appreciation of China’s currency than 1 percent per month. He said one of the dangers is that after the upcoming meetings, China could revert to little or no further currency appreciation.
“The heat is on until the meetings, but the question is what will China do after the meetings,” Vargo said.
Morton Kondrake, “Infrastructure pushed by Obama, but too late,” citing the Brookings Institution’s Bill Galston, a former domestic policy advisor it the Clinton White House:
[Obama] is a year or 18 months too late, possibly diverted by his eagerness to pass health care reform.
It now smacks of more “stimulus spending,” even though transportation projects accounted for only 7 percent of Obama’s $787 billion stimulus package.
All infrastructure, including broadband deployment and smarter electric grids, accounted for less than a third.
The infrastructure bank — if it’s truly independent and replaces current congressional formulas and earmarks for transportation projects — has support from Republican-leaning groups such as the U.S. Chamber of Commerce and the National Association of Manufacturers.
Ted Frank, Point of Law, writing about an amicus brief — which the NAM joined — seeking Supreme Court review of a case about class action certification, “Pella v. Saltzman“:
An argument that we did not make that I wish we did: when district court judges certify unworkable class actions, it’s not just defendants who want to settle. Class attorneys don’t want to force the case into an unworkable trial, either, because they risk decertification if the judge wakes up. And that hurts consumers, because the class attorneys then have every incentive to agree to a settlement that pays their fees while leaves the class in the cold. The only winners when a district court makes this sort of bad certification decision are the lawyers.
Yonhap News Agency, South Korea, “U.S. business delegation due in Seoul to promote Korea FTA’s ratification“:
WASHINGTON, Oct. 14 (Yonhap) — A U.S. business delegation is visiting South Korea this week to promote early conclusion of talks for ratification of a pending free trade deal between South Korea and the United States, reports said Thursday.
The delegation consisting of representatives of 16 companies will meet with South Korean officials and business leaders in Seoul to “urge Korean government officials to reach a deal with the United States before next month’s G20 meeting that will allow a pending free trade agreement to proceed to a congressional vote,” World Trade Online, an online trade magazine, said on its Web site, citing private-sector sources.
The delegation has returned. You can read about the trip in blog reports from the NAM’s Doug Goudie, here.
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