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Originally posted by projectvxn
reply to post by sos37
Don't confuse free-trade with free-markets.
Free markets have controls free trade does not. The free market enforces monopoly laws, tariffs imports and fosters competition here in the US by offering competitive wages, better products, and consistent growth.
Free-trade is a cost cutting profit mechanism that is actually anti-free market as huge monopolies, regional, national, and global corner markets, stifle competition and by design wages and production(which go hand in hand in a true free-market system).
Never confuse the two. The fascist elite in this country have done a good job of confusing the meaning behind both concepts. But they are not created equal.
Originally posted by helpmefindtheway
Ok, so what about the resources that America can not self-produce or supply on it's own and to it's own?
What about natural resources?
I applaud the mentality and sense of purpose of the clause, but is it realistic beyond steel supply?
In the 1930s the severe recession of 1929-1931 was turned into the depression of 1931-1933 because of protectionism. Every historian knows that. Every economist learns it in school. This is well-known by Geithner and even better-known by Larry Summers and Paul Volcker. They are the three members of the Obama economic troika
You sound as if many countries seem to want to blackmail us then because that sure sounds like what Canada is threatening to do. If that is the case then the US could quite easily cut off food shipments to many...then see who is unhappy when bellies start grumbling. I am not liking some of the tone I am hearing from some of our so called friends in the world. All because we are trying to bring back one piece of manufacturing to our country which is our right to do.
The WTO is a biased undemocratic international organization of 140 nations that limits America's ability to act in its best interest. In it America has not larger vote than Granada, By singning the World Trade Organization agreement, the Congress agreed to concde a majort part of the U.S. sovereignity and usurp its democratic legislative processes, including:
Coform U.S. laws, regulations and administrative procedures to the WTO agreetment.
Subject all U.S. federal, state, and local laws and practices that affect the trade to internatina review by WTO.
Allow any WTO member to challenge any U.S. law, federal, state, or local, as trade impeding barrier.
Take all trade disputes to the WTO judiciary.
Give the WTO final jurisdiction over all trade disputes.
Agree that the porceedings of WTO judical panels be secret, NO APPEALS EXISTS OUTSIDE OFTHE WTO.
Empower the WTO to enforce its ruling by imposing fines on the U.S> until we cmplay.
America cannot compete in Global Markets because of the Value Added Tax (VAT). This tax exclusively and unfairly increases the cost for American exports and subsidezes foreign exporters for their goods entering our country.
Foreign governments collects VAT Tax rebates of $218.2 billion while American producers were taxed $122.4 billion in 2006, it contributed to a staggering trade deficit ofmore than 4708.5 billion in 2007
NAFTA has destroyed manufacturing in the U.S. and caused the nations's best companies to leave.
Imagine that Congress enacted for the state of California alone a special law that:
Dropped the minimum wage to 50 cents an hour.
Exempted employers from child labor laws.
Expanded the work week.
Reduced health and work place safety laws.
Banned unions and gave california exporters full, duty free access to the rest of the states.
Isn't this ridiculous? well this exactly what NAFTA did for Mexico to the detriment of all America, no U.S> manufacturing can compete with these conditions.
The future and fate of our country depend on the immediate resolution of this issue.
"If either of our governments were to introduce new barriers or preferences at this time, we would load increased costs and burdens onto businesses, cause delay (and) disrupt and distort the way businesses have organized themselves in our two countries," the ambassador wrote.
This would "decrease North American competitiveness, thereby killing jobs rather than creating them."
In Ottawa, Liberal Leader Michael Ignatieff said "thousands of Canadians' jobs and billions of dollars of exports" are at risk.
International Trade Minister Stockwell Day indicated that the Harper government is pulling out all the stops in its campaign in Washington to head off the protectionist measures.
Liberal foreign affairs critic Bob Rae said the Harper government has to do more to ward off the U.S. protectionist push.
NDP Leader Jack Layton said Canada should react by bringing in its own procurement preferences for Canadian companies.
"We don't need to talk about threats, but they need to understand, and this will be a message I will pass to the president, that we're a force to be reckoned with," Ignatieff told Global Television's Focus Ontario. "We're the United States' largest energy supplier, not just oil, but also hydro; and they've got to understand that, if they want energy security, they shouldn't start putting up barriers to our goods and services, and that quid pro quo has to be clearly understood by the incoming administration."
Originally posted by Trayen11
reply to post by v3_exceed
In my opinion playing the blame game is not going to get anyone out of this mess. And drawing lines between countries is not smart either. I love Canada but we also need to come to a realization. We need the US just as much as they need us. This superiority complex people have is only going to make this terrible situation that much worse.