Our one-sided free trade pacts, like the North American Free Trade Agreement (NAFTA), signed in 1994 and the newly implemented Korean-U.S. Free Trade Agreement (KORUS FTA), have rendered us uncompetitive in the world economy.
Our trade with other countries is overseen and regulated by the WTO, not our own constitutional government. The WTO is a self-serving and undemocratic organization that operates outside of our control. Their laws and regulations supersede those of our own constitution. The U.S. Constitution states that all treaties made under the authority of the United States become supreme law of the land. When our government signed the WTO treaty in 1996 we effectively sold away our sovereignty and the right to manage or control our own affairs without foreign veto powers
There’s at least one poster on this forum who thinks this is really great because it lets him buy stuff cheap.
bump
what is sited as the causes in this article are only the mechanisms being used by the world’s handful of power brokers who have orchestrated the collapse of the US and other western nations. Depopulate to only leave those to be served and those who serve is the objective.
We are descending into the world of “Rollerball”.
All rise for the “corporate anthem”.
Bump
Free traitors also ensure that no condition overseas merits any examination. All that matters is that a free trade treaty is in effect. There is functional slavery widespread the fishing fleets of Indonesia, and zero penalties for engaging in it.
Pure slavery with no labor cost would be fine with may here as long as they get a cheaper product.
I think the official economic term is horse hocky
unofficially, it is balderdashious drivel
some on the left coast refer to the term drivelous balderdash
Years ago, when Pat Buchanan was running for President, he said something that made me pause and think.
He said something to the effect that "Free Trade" is only fair when other countries impose the same worker standards and the same environmental rules and so forth, as do we.
He said it was completely unreasonable to expect American workers to compete with Chinese slave labor and Chinese lack of environmental regulations.
Well, he has a point. It isn't a fair competition when one side plays by rules, and the other side doesn't have to worry about any rules.
This was when I began to doubt that the concept of "free trade" was so conservative after all. "Fair Trade" is conservative, but "Free Trade" is not necessarily fair at all.
A roommate from college (of 35 years ago) works for a steel manufacturer. It’s actually a Swedish company but they operate mills in Northwest Indiana. He says they simply cannot compete with the Chinese, and the prospects for his industry look very bad. The United States produces just over 5% of the world’s steel, China, with annual production approaching 800 million tons, produces 50%.
A former neighbor works for Dow Agrosciences. He says “Asian” fertilizers are now being dumped on American markets at prices that they cannot compete with. He fears American producers will be forced to close.
My brother in law works, but only for the next month, at the Alcoa shipment terminal in Port Lavaca Texas. The plant is closing and his job ends in June with very little severance and no health care. In 2005 there were 22 aluminum smelters in the United States. Today there are four, and one of them is heavily subsidized by the State of New York.
My son has his degree in Chemical Engineering. He is working quality control for a company that imports pharmaceutical and food supplement precursors from Asia. None of it is produced in the United States. I wonder how long until the final products are made overseas, and his job disappears.
My father put me through college by running an engineering firm that specialized in providing industrial production control equipment. His business was in decline before his death and folded afterward; there weren’t enough industrial plants left in operation to keep the business afloat.
All of this is very real and very personal.
Offshoring all means of Production in order to use Slave Labor in Third world countries. Then Importing those good back in to the US Duty Free, is NOT TRADE and it is NOT FREE, it is called National Suicide and every last person involved committed TREASON as far as I am concerned.
We are all on board the New World Order express to Hell.