The Jones Act Makes Shipping More Expensive? | Whats Going on With Shipping Reacts | Better Call Sal

Better Call Sal Reaction to John Stossel's The Jones Act Makes Shipping More Expensive.
What's Going on With Shipping
February 28, 2023
In this episode, Sal Mercogliano - maritime historian at Campbell University (@campbelledu) and former merchant mariner - reacts to the recent StosselTV video on The Jones Act Makes Shipping More Expensive.
#supplychain #jonesact #Stossel #shipping #puertorico #lng #tanker #container #shipping
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[@johnbrossack3791]

You hit on a subject near and dear to my heart... Korean companies using sub-contractors for labor or entire fabrication of a product. In the early '00's we did a world-wide bid for ASME Section VIII, CR-MO alloy pressure vessels for a project. A Korean company won the bid and was awarded the contract. That Korean company did NOT reveal to us that they would be using sub-contractors to fabricate these vessels. To keep a really, really long story short, once the vessels were received at the US sites, Positive Material Identification revealed that the welds were not CR-MO, but carbon steel, which made the vessels useless and the vessels had to be replaced. LOTS of $$$ and a big schedule delay. The reason? The Korean prime contractor did not monitor their subcontractor for quality. Buyer beware.

[@williamgibb5557]

Who paid for the error?

[@johnbrossack3791]

@@williamgibb5557 We (the company) did, then turned it over to the lawyers. I never heard what the outcome was, after the new vessels were fabricated in Spain, and Installed, I was assigned to another project. I did have to give a deposition a year later, but that was the end of my involvement.

[@williammoreno2378]

787 issues ring a bell?

[@84Actionjack]

On your opening point: Why did the governor petition Biden to waive the Jones Act if there was plenty of fuel and why did Biden eventually relent?

[@wgowshipping]

Because he would have been booted out of office for going against a Jones Act waiver. Check out my earlier videos on this.

[@brendanl9937]

Unfortunately, he bent over for the political narrative. At the end of the day he still is a politician.

[@84Actionjack]

@@wgowshipping Seen them. Where's the answer to the first part? Why was the governor petitioning Biden? Is this a dodge?

[@m.s.9744]

​@@84ActionjackSal dodged your question quicker than Neo dodges bullets😂😂😂

[@Desh727]

​@@84Actionjackthe answer was in the video

[@brendanl9937]

Ugh the lack of investigation by journalists on this subject is extreamly frustrating. Thank you Dr. Mercogliano for your continued and informed discussion on the manner. It's ridiculous in that I'm seeing both Left and Ring wing media sources really showing their lack of professionalism and a strive for clicks instead of publishing truthful and authentic reports.

[@erikjohnson3255]

That frustrates me, too. None of them are researching anything.

[@brendanl9937]

​@@erikjohnson3255 Exactly. This is the primary reason why i'm now longer watching mainstream news anymore including CNN, Fox, MSNBC, etc. It sucks to say, but they dictate the narrative. KZbin surprisingly has become an important resource in getting and receiving quality and professional subject analysis and reporting.

[@jimmyrk3]

Does John Stossel even qualify as a journalist?

[@tedmoss]

None of them have ever published completely truthful reports, why start now?

[@77thTrombone]

@@jimmyrk3 not the way he talks-condescending and spiteful, and I just passed the 3-minute mark where Sal is only a few seconds into stossel's apparent rantcast.

[@RobDeHaven]

This is exactly what I was hoping for! I made the call and Sal answered. Thanks!

[@wgowshipping]

Glad I could help!

[@QuizmasterLaw]

SAME HERE

[@corvanna4438]

Jon Stossel is being dishonest?! I am truly shocked...

[@wyskass861]

An unnatural dramatic voice and narration for effect with dishonest word choice, is always suspicious to me, when guessing trust in speaker.

[@jimsimmons4586]

Sal, you've been critical of the state of the Military Sealift Command, the American maritime fleet, and the (lack of) American shipbuilding capacity. IMO, persuasively. But that leads me to this question: does the Jones Act achieve its goals? To the extent the answer is no, what changes would you recommend?

[@wgowshipping]

What the Ship (Ep 64) | 5 Initiatives to Revise the U.S. Maritime Industry | Better Call Sal kzbin.info/www/bejne/rHWmZ3R-fpWVn7M

[@brianellis3697]

Was just about to send John a link to your Peter Zeihan commentary, since as much as I like John, he totally ignored any history of the act. Thanks for addressing this so fast.

[@bernarrcoletta7419]

LOL! I saw that video on a news feed, and the first thing that went through my mind was: “You better call Sal.”

[@bradthorne7581]

As soon as I saw this I was looking forward to your reaction. I generally agree with John, but I wanted to hear your expertise

[@wgowshipping]

Thanks!

[@durrenbt]

Sal you fucking rule dude. This channel is awesome. Wishing you much continued success.

[@benjaminzabriskie5729]

Sal, You need to make the podcast rounds and explain to folks just how diluted our maritime position is. Multiple other nations are building Naval, and shipping capacities with the express purpose of weakening our national security. Libertarian's should appreciate more then anybody how the jones act supports American security by creating a simple requirement that should create security; can you imagine the amount of bureaucracy that would be required to do this if the American market wasn't doing it. Keep up the good work and fighting for our national security

[@tedmoss]

This goes along with the idea of being careful what you wish for; other countries will end up paying the bill for maritime security and they won't like it.

[@ajobdunwell2585]

Puerto Rico has had power problems for a long time. I lived in Fajardo 20 years ago and the power would go out regularly, they would shut down the local pump station for a few hours every day to take some of the load off the grid. The hotels on the island have backup generators and water.

[@ThistleSeed1953]

Love it when Sal's hair bursts into flames! Seems to me that without the Jones act, shipping would be in the same life raft as our ports being without dedicated dredges.

[@juliusjames6229]

Wow, i appreciate your take on this. Really eye opening

[@anonymousAJ]

Would you admit the Jones Act does make US shipping more expensive, but argue that we benefit in terms of reliability and security Is that a fair summary?

[@wgowshipping]

It is impossible to argue that using nearly anything American does not make it more expensive. But the question is what do you get with those savings? I stated that we need to revise our maritime laws. I just don't think a repeal is the solution.

[@DduarteCT]

Great vídeo, thanks to the US for rebuilding our industry after the war 🇪🇺🇺🇲

[@darioman69]

Up yours John and Scott

[@HandymanKurt]

Just saw the Stossel report, had to get here and see Sals comment.

[@MichaelMcCausland-pg6qs]

Well done

[@anonymousAJ]

25:30 "Why didn't you get a long-term contract to get a reliable supply of gas or whatever you needed to run your plants?" That's a financial solution to a physical problem. If they don't have enough ability to bring molecules of fuel into the region, the contract is obviously no solution.

[@keithpedersen3653]

Because de-regulating the airlines and the railroads has worked so well for the common man ... and making more wealth never costs lives or national security. I'm *so* glad tye US economy depends critically on TSMC and COSCO. I'm *so* glad someone else has a bugger boat.

[@jeffbangkok]

Good evening Sal

[@wgowshipping]

Good morning!

[@MichaelMcCausland-pg6qs]

Wonderful explanation of the truth

[@databang]

Good to know the nuance, thanks!

[@erikjohnson3255]

Jennifer and her crew at AWO are great advocates for the Jones Act. I worked with them when ringing in Subchapter M for Towing vessels.

[@chriscodrington5464]

Breath of fresh air, Sal, nice job!

[@tedmoss]

Where's a junkyard dog when you need one?... Let's call Sal!

[@kavemanthewoodbutcher]

The more I watch/listen through Dr. Capt. Mercogliano the Magnificent, the more i realize this guy is an oak. Strong, solid, reliable, and incredibly good at throwing shade.

[@anonymousAJ]

18:00 The fact that we subsidize interstate highway systems (and other land transportation) is the big detriment to US maritime The libertarians have a good answer for that one: stop the subsidy Ludwig von Mises talked about how interventionism creates problems, and the proper solution is to stop the intervention but governments use the problems to justify further interventions (a particularly nerdy but I think apt term is "iatrogenic escalation", iatrogenic from the medical context where the purported treatment causes the disease)

[@anthonyroberts7987]

Brilliant!

[@wgowshipping]

You are too kind and generous. Thank you for your support!

[@Franklin-pc3xd]

The whole F-wording problem is not the Jones Act. The whole problem is the over-taxation and over-regulation of our own shipping industry. Do you really think shipping companies would take the risk of building and registering in sh$t holes if they could keep it all right here for a reasonable premium and not a huge, irrational premium?

[@wgowshipping]

No!

[@deshaunjackson8188]

That's fair. But it's called a flag of convenience for a reason. Those countries have looser labor laws (no minimum wage) and other very loose laws. It would be a bad look if the U.S had ships with their flag on it who employed sailors for 10 dollars a day. It's not like it would change anything. It would just be bad optics. And sal always likes to leave out the power of unions.

[@darelboyer4215]

Rather, the whole Mother F-wording problem is the lack of financial accountability by the shippers. That indiviudals are allowed to hide behind limited liabilities and corporate personhood instead of being held personally accountable enables the irrational level of profit seeking that most people hate in big business. It's an accoutnability issue first and foremost; everything else is downstream.

[@Adept893]

I really do not see how taxation and unions are the boogeyman in this situation. My head is exploding. Let's talk about how much of the GDP growth that has happen in say the last 50 years has been concentrated in a small part of the population. If the economy grows $10 in a year and $7 goes to Sal and you me and anti-union dude have to slip the other $3. This is what happen when income taxes were reduced. This is why you make shit money at a shit job. Because some financial anarchist ( read libritarian )told you at an impressionable age. Taxes are just dead weight loss to the economy. No. Your taxes are even when the go to Nicaragua to build houses are helping keep you safe ( preventing desperate people fleaing their homes and by extension migrating ( a classically destabilizing event throughout history ) ; if your taxes stay here and pay the lady at the DMV ; if the go to pay some of the wages for ship yard workers your tax dollars are strengthening The United States. As Perun lays out in his presentation on the defense industrial base that lasts out this argument in a more conjent fashion. Some portion of this revenue is recovered in taxes (on workers and corporation operating in the US) and services sold to these individual workers. Representing a savings to the government when buying locally (with in US) that is present but hard to quantitate. Basically keeping that money circulating inside the US is a good thing. If forgen ships are built operated and crewed by non-Americans we are giving money away to eather $7 Sal who can afford to gamble (ie. Invest) some of his money in the market and still live better than us on our aforementioned $3 remainder that we split or we are enriching some person or entity ( corporations are not people they can in no way be ' locked up ' when the break the law a fine is just the cost of parking to a sufficiently rich person and im pretty sure you and I are not going to live for 200 years or mergewith a SPAC to have shares sold on a stock exchange) that does not reside in the US and e would have little or no intrest in the people that live there. After the economic benefit of 'offshoreing' generates the gaines are focused on people who are already rich. I raged out on this subject... The next thing that grindes my gears is when some company sits down with one of these think tanks and talks about the workforce. They will usually gently talk about how important they are and maybe how they partner with some school to get feeder system, because they usually gently stat American workers are just not ready to take on the jobs without a lot of training. This is telling me that key PEOPLE are the important part! Each individual worker is a valuabe resource. The problem to my mind is how can that value show up on a balance sheet. How can companies demonstrate that value to 'wallstreet'. So companies downsize and off shore to keep access the the funds they get through the privet markets and by effect of keeping that stock price high or 'stable' protect employees a vested intrest in that company. Or in retirement funds that hold their stock. But the a key factor of that value the workers in not represented. My fear and anger is stoked because we can not even get to this part if the conversation the systematic undervaluation of worker's. Because misguided hate is directed towards Unions are Taxes. The goverment doesn't need to tax high earners at a higher level to make money, they need to do it so that the gains of economic growth are incentivised to be shared across a broader pool of people. Like that fascist lover Henry Ford did when he paid his workers so they could afford buy a model T. It's no different now. Ask your self if saving some money on cheaper shipping or 'lower taxes' is really makeing up for the lost share of GDP growth... P.S. Libritarinas are just financial anarchistists. P.P.S. '$7 Sal ' is in no way related to the wonderful Sal who runs this channel. : p Appologies for my gramer, spelling and tangents

[@TheMitchyb61]

Lol come on John, give Sal that super thanks!

[@tim1398]

Corporations will happily throw the country under a bus, all day, every day, to make a little extra profit. We see it all the time. Regulation is needed.

[@robertdavis7341]

Great report Sal!

[@mgv00]

Glad you addressed this. You should interview him and school him on the Jones Act.

[@andypreiser5919]

Sal you make great points on the video. Keep up the good work!!

[@RobertSzasz]

The "efficiency" they talk of is the ability to exploit workers and conduct unsafe operations. It's how much money owners can extract, not how much useful work gets done.

[@eurobrowarriormonk7182]

Marx would be proud. Take a bow oppressed worker

[@eurobrowarriormonk7182]

@user-pz8bl3uz2z where did say people do not have their hand out. thats exactly my point midwit. I see a lot of workers exploiting employers . dont worry you have no reason to argue. Your worldview has already won but the results will just be more of the same. more and more poverty as the marxist worldview works its magic.oh and corporations are government created entities. Thing is america is corrupt, immoral and marxist through and through and its not just the billionaires . its all the way from the top to the bottom. like i said you already won. so enjoy the victory

[@eurobrowarriormonk7182]

@user-pz8bl3uz2z america will not survive. Deadliest combination of 50 years of marxist propoganda and dumber than a bag of shit. Marxist propoganda works the best when a people have rejected God and no longer have morals. It works of the principle of greed and envy. this class act here who is thoroughly indoctrinated and probably sings the national anthem and thinks he believes in freedom. sad

[@jeffshriber6120]

The problem I have with this argument for the Jones act, is the USA doesn't not make merchant ships in America anymore, and haven't since 1950. So althoe the Jones act was created in 1920 to protect American workers, it actually hurts us, because we can't deliver merchandise in American ports by any ships is because we don't have American made ships to do it so anything else is forbidden due to the Jones act. So we can either start making American made ships and have them American owned, or use American flagged regardless of where they were made. Shipping in American rivers, lakes, Baltimore ect is 12 percent more efficient then trucks and very very efficient due to hydrodynamics.

[@johnkubik8559]

The first most efficient to carry liquids in the country is pipelines, the second is by ship, the third is by rail and the fourth by trucks. For some reasons the pipelines building is a big no no, the ships under Jones act are not some kind of NGO rescue ships, they just carry fuel whithin the US. Foreign ships might found it a lot more profitebal to brink fuel to devestated areas, charging the NGO for it. It still has nothing to do with the Jones Act.

[@pif4347]

If I’m not mistaken, many of China’s cargo ships are equipped for combat and carry weaponry.

[@maryistulsafox]

Remember, anything federal they want to get rid of, but also hope the federal government Default and shut down like an old mall.

[@laurenglass4514]

Last defense and information was the best Campbell University is lucky to have you as a tenured professor. It makes you want to know more about your university

[@lizbethartemis4886]

Crowley Maritime was the only company that complained when ThE Jones Act was temporarily lifted after hurricane Maria.

[@pinkladybikermamma3603]

SET THE RECORDS STRAIGHT, SAL.

[@MR2Davjohn]

Thanks Sal. I like TimBatSea. I watch him often.

[@jimjackson1087]

The basic concept of the law is to protect labor unions in the US . The truth is the law inhibits innovation in the US maritime industry, discourages long term investment in the industry, all to protect wages and government tax revenue.

[@joseruiz7822]

the 190 shipped docked offshore wasn’t the foreign carriers fault. It was the inability of the ports to work the ships and clear up the que.. the ports weren’t able to clear the backlog because their terminals were full, their terminals were full due in part to the rail’s inability to move to the inland points.. defending the jones act is terrible. Lol using “dedicated” in leu of “monopoly” is total BS. I’d love to talk about this topic.

[@lenwhatever4187]

people will lie to make money... the bigger the money, the bigger the lie. Not one of these businesses cares for the US or any other country. They would be just as happy for the US to totally fail as to prosper so long as they can make a bit more. US car manufactures had trouble because their cars lasted too long... to compete they had to lower the quality to sell them cheaper. A car half-life used to be 20years (half of a years models were still on the road 20 years after they were made) Now that is closer to 7 years. Todays 10 year old car is a "push, pull or drag your old car in for $1500" car. I wonder which model is better for our environment.

[@petermargie]

Were you yelling at the computer the first time you watched Stossel’s segment? 🤣 Have you heard from John Stossel?

[@wgowshipping]

Yes and No!

[@breft3416]

Thanks, Sal! Why do I suspect John and Scott know exactly what you know?

[@anonymousAJ]

26:00 Is he just now figuring out what lobbyists do? No, Stossel has been pretty critical of lobbyists in many industries. I'm pretty sure he knows the deal

[@marktwain368]

This is a real can of worms and you open it and spoon it out for us, Sal. This deeply geopolitical issue needs your analysis to help us voters make sense of it. It is painful to see America's dominance and generosity after WWII be returned as competition and hostility in international trade. The new generation in those Asian markets have no idea that their liberty exists because of American efforts to build a decent world after a totalitarian nightmare.

[@tedmoss]

Another totalitarian nightmare coming up!

[@iannarita9816]

Last I looked neither Japan nor the Republic of Korea (South Korea) were members of NATO. Also about NY and natural gas,why not use rail?

[@gordybishop2375]

The older I got the more I realized Stossel was crazy biased at best.

[@SteamCrane]

@user-pz8bl3uz2z Who is Dr. D?

[@Thomas-wn7cl]

If it were not for his heavy editing and interjections, the lady Stossel is interviewing stomped him.

[@ivomedic5745]

Mr Sal who stop US shipping to built ship in our country and compete in international triad without Jones act.

[@wyskass861]

While South Korea is a democratic republic, it's top conglomerates of Samsung and Hyundai (shipbuilding) are practically state entities with bosses of equal power to gov leaders. And I don't mean lobby influence, but accepted by society as such.

[@mikemanning3025]

Once again Professor I M., ya did your research before opening, with FACTS, on subject at hand!!! It really awful on digestion to listen to politically centered, biased gobbledygook coming from these 2 yes men, especially the "bearded one" w/ the sing song crap!! I'd have to be well paid, as I would presume these characters are, to spout such one-sided.B.S. Boy, sure had to edit myself after hearing those two. By way, the gal was difficult two, don't get me wrong! THANKS SAL, for another fine rundown on topic at hand, Mike from Delaware

[@Danno1983]

Ive nva heard of the Jones Act

[@Mike-gz4xn]

Korea pays their shipbuilders pretty well lol. Show your stats that they don’t. Unions, regulations and bureaucracy really drive up shipbuilding costs here.

[@josephpadula2283]

Old Senator McCain was an anti Jones Act warrior too! No excuse for him being a Naval Academy Graduate. He should have learned from Mahan ‘s “Influence of Naval SeaPower upon the history of the world” book. A Navy is only part of SeaPower. The merchant fleet and lines of communication for trade is the remainder! Ex Scienta Tridens is the academy motto. From knowledge SeaPower. Opponents ? They are dumb. Those that ignore history are doomed to be in a lifeboat during the next war. I forgot no more wars . Hitler , Mao and Stalin are gone , no more need to prepare. Putin and Xi the Pooh agree….

[@williamtauber5587]

isn't a lot of the increased price caused by the US currency being the strongest in the world? how do you ever overcome this without depreciating the dollar?

[@mikegallegos7]

... retail fuel providers cannot pump fuel unless their pumps powered by electric power (including emergency shut off capability which is another perky law regarding the pumping of fuel by retailers ... ) he he heee

[@fyrman9092]

Imagine that, a reporter taking a scenario out of context...

[@ivomedic5745]

Sal we first built LNG ships in the world but we sold them to Germans.

[@captiannemo1587]

Ha, I saw that video… the comments section was full of idiots… was going to send it but you already got there.

[@anonymousAJ]

23:30 NY has blocked pipeline construction Yeah, because pipelines aren't "green" and futuristic

[@wgowshipping]

I still think it has do to with the Red Sox and Patriots.

[@Tirak117]

@@wgowshipping I get the joke but it's actually more Pennsylvania's fault. When fracking started to take off there were several very high profile cases just across the border in Pennsylvania where drilling mud and gas got into the water supply, it got bad enough you could light tap water on fire. Since then NYS has shied away from anything to do with natural gas, oil or the infrastructure there in. It's an easy political issue to run on because Upstate is still traumatized by the environmental disaster that is the Rustbelt, and NYC tends to trend extremely hard left.

[@allangibson8494]

@@Tirak117 Look up the “Love Canal”. That is a poster child for contamination of the environment and that happened in New York. New York State is still twitchy after that.

[@azuresentry815]

Its also notable that a WW2 general cargo ship carried a lot less net cargo, so even their comparisons of hull counts is misleading when it should be by cargo capacity. We're still down and when you look at the shipping volumes, the current fleet is able to carry a smaller fraction. The numbers can be manipulated to tell whatever story you want, especially if you have an answer already going into your "investigation".

[@galvint2]

Instead of the Bat Signal, Sal should have the Jones Act Signal

[@Private-GtngxNMBKvYzXyPq]

I happen to have come across the information while looking for something else but his KZbin channel is funded in part by some folks who profit handsomely from fossil fuels and who have a profit motive to disparage protections that are good overall but get in the way of their greed. Respectfully submitted.

[@apoco_lips9957]

Corporate lobbyists are the worst

[@PlanetFrosty]

Sal “Jonesy” Mercogliano is on the case! The problem Stossel has is that he fails to understand “we don’t have fair and equitable trade” or shipping capability to support fair trade. It’s not fair competition so Johnny “Fair Trade” Stossel needs to bone up on the word “fair.” CATO “Unfair Trade Institute” needs to also bone up on “fair” and “trade” leaving our realities of our military providing security to trade for China, EU and many more. Or does Johnny want the pirates to help out shipping? You think most prices won’t go up with Pirates helping themselves?

[@jwac3io]

The highways pay for themselves.

[@georgew.peterson2589]

Great rebuttal. If Stossel had only done his homework instead of shooting from the hip he would have avoided making a fool of himself.

[@CarlAlex2]

Could you please explain why we can have so much more shipping per capita here in Denmark than in the US without having any kind of Jones act? And why do you deny all the negative consequences of the Jones act? You cannot hand out a priviledge to anyone without it negatively affecting those who do not receive it. If you want to make sure US sailors can make a decent living by handing them a monopoly keeping out the competition from others who can make a decent living for less it will hurt those who are now not allowed to compete, those who can no longer benefit from hiring them and the customers that the savings can no longer be passed on to (if the market is free (eg. price cartels are banned) competition will make that happen). you can argue that this is a good thing or that you do it for valid strategic reasons, but you cannot deny that it does have a cost that someone including other Americans have to pay. Are you also happy that the US government has started a competition with the EU over who can extort most money from the taxpayers to subsidize the renewable energy industry? IMHO a really stupid move that hurts both parties while the Chinese laugh at us. In the long term the protection will make you inefficient, fat and lazy when you dont have to compete to stay in business - eg. at the time Maersk finally gave up on the Odense Steel Shipyard it was probably the the most efficient shipyard in the world because they had to in their fight for survival - according to some of the engineers doing production planning and robotics R&D there I knew US shipyards were a joke, where it took more than two US workers to produce what one of their Danish workers produced. That shipyard was not a place where they used cheap foreign labor - they only employed the best of the best (and the Danish labour market wouldnt have allowed that) and it paid its employees well (in a country with no minimum wage set by the state). And do you really think Maersk would not have been able to fulfil any US sealift requirements and would be willing to do so if needed? I understand that Mr. Maersk is no longer among us, but the company did offer to put ist entire fleet at the service of the US in 1990 (first Gulf War) free of charge.

[@MichaelMcCausland-pg6qs]

Maritime Law I love itv

[@ginog5037]

Where's Hulk Hogan when we need him to deal with this has-been...

[@delhatton]

Why does John care? This is ancient news.

[@m.s.9744]

If the fuel wasn't in short supply and not needed then no one would have purchased it. That foreign vessel would have remained offshore even after the Jones Act was temporarily lifted because no one would paid for fuel they did not need. This is proof that there was indeed a fuel shortage

[@dgax65]

I have always been a big supporter of free markets and minimal government interference, however I am not an absolutist. IF all nations were guided by the same values and respect for the rule of law then I would say there would be no reason for government interference into the markets, but that is obviously not the case. We are in an economic battle with a nation that will lie, cheat, bribe and coerce to gain market share. For all intents and purposes, we are in a cold war with that nation. They have a significantly lower standard of living and can undercut any industrialized nation in costs. They lead the world in shipbuilding, shipping and will soon have the most powerful navy. The United States is dependent on ocean commerce, free navigation of the seas and access to foreign ports. The only way to maintain that is with a strong navy, merchant marine and shipbuilding industry. In this case, national security needs far outweigh free market principles.

[@MichaelMcCausland-pg6qs]

We have our pilot

[@jimjackson1087]

The ecoquacks stop storage and pipelines

[@simwilliams5358]

You don't get fake news with Sal

[@ironmen808]

Can you operate as a U.S. Flag vessels with a container vessel built in China

[@wgowshipping]

Yes. You just can't operate in the coastal trade.

[@charlesmortlock6387]

If i was an enemy of the USA or with an IQ below room temperature i would definitly want the so called jones act cancelled. But i am niether. US shipping and shipbuilding cannot possibly compete with foreign flag and they will go under quickly. There would no more US merchant marine.

[@apoco_lips9957]

Correction, libertarian corporate lobbyists are the worst

[@rp1645]

Thank you for talking about this. I will go back to your video on all the container shipping crane made in China. These RR type of one way ship off load cranes in USA Ports have to STOP. Make US made crawler cranes that off load in US Ports. Why when you're standing on a soap box talking about the "JONES" act. Are you letting these china companies dominate the Container off load crane industry.

[@gordybishop2375]

I picture a bat signal but a ship instead of a bat…lol

[@TheSubHunter1]

Interesting take personally I was originally sceptical of the Jones act (I’m not American) but I can see the merits of having the act in place Repealing the act will mean all is flagged built and operated ships will go to cheaper markets and if required for sealift may not be available in the future simply put you just put yourself back to before 1920 being heavily reliant on foreign carriers with foreign crews with foreign flagged and built ships that have no loyalty to the USA and operate only for the highest bidder

[@mike95826]

Stossel is usually a good reporter but, like most, don't let a few inconvenient facts get in the way of a good sensationalized story. He has done a few good stories about bringing back manufacturing and strategic metals to be self sufficient, but this was a big miss in not connecting the two.

[@MichaelMcCausland-pg6qs]

Kaiser

[@TheLawlbreaker]

John Stossel always had a bias, but at this point he's so partisan there's no point in listening to him. He's funded by the Kochs, so his position is exact what one would expect.

[@thishominid871]

7:10 that fact that all regulated industries pay officials for favorable regulations does not make it a good thing.

[@f1y7rap]

When I was young, I thought highly of Stossel when he was going after NYC stupid laws and OBVIOUS grift. I'm so disappointed in his fall in his retirement. Is he paying off ex-wives? Is that why he's just spitting out junk videos now?

[@laurenglass4514]

I like John stossel but this is so hard to listen to calling it simply stupid doesnt give a good discussion or debate

[@Tom_Emody]

John stossle has a bad attitude. His angry child act is making him look …well, like an angry child.

[@oleran4569]

This sounds like your subject "star" personalities have an agenda beyond libertarianism. Where does their money originate? China and russia are likely loving their views. We need to bolster our strategic assets, not obliterate them to enrich a privileged few.

[@RanchoDosPinos]

The absolute swarminess attitude you used here was disgusting. I usually enjoy your videos, but this one wasn't one of them.

[@MichaelMcCausland-pg6qs]

False narrative

[@Franklin-pc3xd]

Sal's got it wrong here about subsidies. Let the Chinese, Koreans and Japanese and the Timbucktwoians, for all I care, subsidize the living daylights out of their shipping industries - let them use slave labor to build the damned things. We get the benefit of all that as long as we are net consumers of maritime shipping - and we are - big time.

[@wgowshipping]

The problem is that China and Korea is driving Japan out of the industry. What happens when there are two left, in two countries that don't get along?

[@allangibson8494]

Korea doesn’t subsidise their shipyards. The pay rates in Korean shipyards are actually significantly higher than the United States. The Korean shipyards strength is standardisation. All the ships they build are to a common template - same engine and bridge unit with a cookie cutter module in front of that. Korea has almost zero labor immigration (as does Japan) (it’s a cultural thing). What Korea does have is a requirement that all work is done right or the worker personally pays to fix it.