Tapsearch Com EditorMore predatory trade on its way.
December 14th 2009 23:02
Bizarre Politics Reports:
Here we go again. Reuters news reports President Obama wants to deal the American Dream away just grabbing the baton from President Bush who had it passed to him from President Clinton who enacted the elder Bush's trade programs as if he wrote them himself
President Obama graps the baton from President Bush in a new race to the bottom. He is ready to extend global trade that caused the economic crisis in the first place. It is really predatory trade to betray the American worker even further.
I recall during the presidential debates when Congressman Kucinich as a presidential candidate called for both Hillary Clinton, now Secretary of State and Senator Obama, now the President of the United States, to renounce so called free trade. It seemed to have caught both Hillary and Obama off guard and as I recall- President Obama said the defective trade programs happened before his time and Hillary Clinton said she questioned her husband, then President Clinton in the passing of NAFTA trade agreement. However, this was not true - Here is Secretary of the State Hillary Clinton's stands on NAFTA and free trade. Back then they both treated trade as a negative issue as Congress Kucinich challenged them.
Now after the election, here comes more so called free trade. Today , I saw several Congressmen on cspan stand up and call for more trade to create jobs ignoring the fact that the U.S. has gone through the most massive lost and dislocation of jobs in its history. And no one challenges the term itself. How can moving production and factories out of your country be called trade. Free trade is primarily based on making production portable ready to be moved again and again for the sake of cheaper labor. It has been tied to all kinds of financial manipulations with governments acting as brokers in most of the deals. Now the financial communities had to be bailed out with President Obama doing this as his first priority when he took office. He bailed out those who caused the economic crisis and as a result future generations have to pay a tariff on goods they use paying off the bailouts. Th massive Trade Deficit is still be ignored. After breaking records for many years, the negative balance now adds up into the trillion of dollars. Just imagined what this lost money could have done for America and the world for the past 15 years.
As our economy based on making money on money instead of making things burns away, new predatory trade deals coupled with the failed policies of predatory Capitalism or should it now be called Socialist Capitalism with Obama marrying big government to big money - is coming to betray workers again.
From Reuter news service
Obama, in his first major trade initiative since taking office, announced last month in Tokyo that the United States would negotiate to join the Transpacific Partnership (TPP), a regional free trade agreement that already includes Chile, Singapore, New Zealand and Brunei.
The United States sees the talks as a chance "to set the standard for 21st-century trade agreements going forward," U.S. Trade Representative Ron Kirk said.
Australia, Peru and Vietnam also want membership in the agreement, which supporters say will help ensure that the United States is not left out of regional trading arrangements in one of the most dynamic regions of the world.
"The first round will ostensibly start March 15 in Australia ... We expect the U.S. will be there and we're looking forward to it," said Chuck Dittrich, vice president for regional trade initiatives at the National Foreign Trade Council, told reporters on Friday at a briefing with other business executives.
The business officials said the Obama administration has been intent on following so-called "fast track" legislative procedures for consulting with Congress on trade negotiations, even though that law expired several years ago.
When it was in force, fast track allowed the White House to negotiate trade agreements that it could submit to Congress for a straight-or-up down vote without any amendments.
It also required the president to give Congress 90 days notice before entering into trade talks.
That timetable, combined with the March 15 date set for the start of the TPP talks, has fueled the expectation that Obama would send lawmakers a formal letter early this week laying out the administration's plans for the negotiation.
(Reporting by Doug Palmer; Editing by Jackie
and note Tapsearch Com Super Links and cluster of Ray Tapajna Chronicles sites that forecasted economic crisis years ago based on experts who predicted the coming of the "Bewildered New World."
I recall during the presidential debates when Congressman Kucinich as a presidential candidate called for both Hillary Clinton, now Secretary of State and Senator Obama, now the President of the United States, to renounce so called free trade. It seemed to have caught both Hillary and Obama off guard and as I recall- President Obama said the defective trade programs happened before his time and Hillary Clinton said she questioned her husband, then President Clinton in the passing of NAFTA trade agreement. However, this was not true - Here is Secretary of the State Hillary Clinton's stands on NAFTA and free trade. Back then they both treated trade as a negative issue as Congress Kucinich challenged them.
Now after the election, here comes more so called free trade. Today , I saw several Congressmen on cspan stand up and call for more trade to create jobs ignoring the fact that the U.S. has gone through the most massive lost and dislocation of jobs in its history. And no one challenges the term itself. How can moving production and factories out of your country be called trade. Free trade is primarily based on making production portable ready to be moved again and again for the sake of cheaper labor. It has been tied to all kinds of financial manipulations with governments acting as brokers in most of the deals. Now the financial communities had to be bailed out with President Obama doing this as his first priority when he took office. He bailed out those who caused the economic crisis and as a result future generations have to pay a tariff on goods they use paying off the bailouts. Th massive Trade Deficit is still be ignored. After breaking records for many years, the negative balance now adds up into the trillion of dollars. Just imagined what this lost money could have done for America and the world for the past 15 years.
Obaman joins the Bush family and the Clintons in the betrayal of the American Dream and Workers everywhere.
As our economy based on making money on money instead of making things burns away, new predatory trade deals coupled with the failed policies of predatory Capitalism or should it now be called Socialist Capitalism with Obama marrying big government to big money - is coming to betray workers again.
From Reuter news service
Obama, in his first major trade initiative since taking office, announced last month in Tokyo that the United States would negotiate to join the Transpacific Partnership (TPP), a regional free trade agreement that already includes Chile, Singapore, New Zealand and Brunei.
The United States sees the talks as a chance "to set the standard for 21st-century trade agreements going forward," U.S. Trade Representative Ron Kirk said.
Australia, Peru and Vietnam also want membership in the agreement, which supporters say will help ensure that the United States is not left out of regional trading arrangements in one of the most dynamic regions of the world.
"The first round will ostensibly start March 15 in Australia ... We expect the U.S. will be there and we're looking forward to it," said Chuck Dittrich, vice president for regional trade initiatives at the National Foreign Trade Council, told reporters on Friday at a briefing with other business executives.
The business officials said the Obama administration has been intent on following so-called "fast track" legislative procedures for consulting with Congress on trade negotiations, even though that law expired several years ago.
When it was in force, fast track allowed the White House to negotiate trade agreements that it could submit to Congress for a straight-or-up down vote without any amendments.
It also required the president to give Congress 90 days notice before entering into trade talks.
That timetable, combined with the March 15 date set for the start of the TPP talks, has fueled the expectation that Obama would send lawmakers a formal letter early this week laying out the administration's plans for the negotiation.
(Reporting by Doug Palmer; Editing by Jackie
and note Tapsearch Com Super Links and cluster of Ray Tapajna Chronicles sites that forecasted economic crisis years ago based on experts who predicted the coming of the "Bewildered New World."
| 44 |
| Vote |
Add To: 
subscribe to this blog
