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In Bush Win, House Narrowly Approves CAFTA
Associated Press ^ | July 27, 2005 | JIM ABRAMS

Posted on 07/27/2005 9:14:44 PM PDT by RWR8189

click here to read article


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To: Toddsterpatriot

Great news. Maybe I should get to reading the 24,000 pages [snicker] of this Agreement.


501 posted on 07/28/2005 1:42:05 PM PDT by 1rudeboy
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To: Darkwolf377; pollyannaish; RWR8189
" I'm thinking the only numbers that really matter are the GDP, and that's merely an indicator, not the final answer."

I think that all numbers matter, but some are closer to the final answer than others. Debating local effects, lifestyle changes and other soft benefits and losses is interesting, but unless they’re dramatic or intrinsic to the proper role of government, it’s probably not a wise idea to chase them with national policy.

I don’t know what’s the best indicator to judge trade policy (and taken to the extreme, that’s going to depend on your ideology) but I think that gross exports to the nations involved is a better than GDP. GDP can’t be ignored, but it’s is more a factor of other things. Gross exports are more a factor of our trade policy.

Some would rather focus on the balance of trade indicator, but I think the effect of the imports component is too nebulous to universally consider them a pro or con (like what you were referring to.) If imports increase by a factor of 10 after policy change, and our exports only doubled, we my still come out well ahead. Just because some industries are put out of business here does not mean that employment has fallen (which it hasn’t) or that wages have decreased (which they haven’t). It just means that our economy changed and other countries received greater benefit from the deal than we did. But we may have both benefited because the size of the pie that we’re dividing got larger. We would have created wealth together.

There are of course other strategic considerations, especially with military threats like China, but bringing prosperity, economic dependence and cultural influence to such nations may outweigh the risk.

502 posted on 07/28/2005 1:44:55 PM PDT by elfman2 (This space is intentionally left blank)
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To: expat_panama

from the link you provided:

The Administrative Council is chaired by the World Bank's President and consists of one representative of each State which has ratified the Convention.



A third activity of ICSID in the field of the settlement of disputes has consisted in the Secretary-General of ICSID accepting to act as the appointing authority of arbitrators for ad hoc (i.e., non-institutional) arbitration proceedings. This is most commonly done in the context of arrangements for arbitration under the Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL), which are specially designed for ad hoc proceedings.


503 posted on 07/28/2005 1:54:24 PM PDT by antisocial (Texas SCV - Deo Vindice)
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To: KentTrappedInLiberalSeattle

See#503


504 posted on 07/28/2005 1:58:16 PM PDT by antisocial (Texas SCV - Deo Vindice)
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To: Certain_Doom

If I'm not mistaken, some Walmart employees have such a low pay scale that they qualify for certain TAXPAYER funded medical services......if that's the case it would seem that Walmart should be sourcing out more goods domestically. Of course, they probably feel they have no obligation to do so much like most companies that hire illegals......why provide benefits when the crooks in gov't. will make sure the taxpayers get stuck with the bill.


505 posted on 07/28/2005 1:59:05 PM PDT by american spirit
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To: Toddsterpatriot
And I guess you wanna blow kisses at the Democrats who voted against it?

I do. God bless them.

506 posted on 07/28/2005 2:10:40 PM PDT by carenot (Proud member of The Flying Skillet Brigade)
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Comment #507 Removed by Moderator

To: Mase
How do you sleep at night with all those monsters under your bed?

You didn't ask me.

It is not very easy.

508 posted on 07/28/2005 2:20:04 PM PDT by carenot (Proud member of The Flying Skillet Brigade)
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To: GhostofWCooper

I'm shocked, SHOCKED to find politics in D.C.

509 posted on 07/28/2005 2:22:18 PM PDT by 1rudeboy
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To: GhostofWCooper
Is there any particular reason you addressed that piece of emotional, irrational nonsense to me?

I'm not really interested in your over-the-top histrionics, so perhaps you should go back to the land of the dead where you came from and get out of this evil country.......

btw, foul language offends me, so knock it off, OK?

(My representative voted AYE, so I'm going to e-mail him and thank him for voting for the economic good of the country....)

510 posted on 07/28/2005 2:28:07 PM PDT by ohioWfan ("If My people, which are called by My name, will humble themselves and pray.....")
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To: ohioWfan
Nope you just got lucky.
I bet you're rich.
511 posted on 07/28/2005 2:30:38 PM PDT by GhostofWCooper (enough's enough. Deport them and build the fence.)
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To: 1rudeboy

You affirm my point. Thank you.


512 posted on 07/28/2005 2:31:22 PM PDT by GhostofWCooper (enough's enough. Deport them and build the fence.)
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To: antisocial
Re-read #469, This cannot possibly be any clearer, really: Annex 8.7, "Country-Specific Definitions," SPECIFICALLY STATES: "... in the case of the United States," the competent investigating authority is "the U.S. International Trade Commission."

"In the case of the United States." That means -- plainly; inarguably; irrefutably -- we are E-X-E-M-P-T from having to surrender our authority, re: trade, to the UN. Case closed. Period. End of sentence. Full stop.

You don't get to cite only the scariest-seeming, ooga-booga-portions of the document, whilst simultaneously squeezing your eyes shut and pretending with all your might that the other portions don't exist, given that they're lancing your argument like a boil. The words say what they say. Cope.

513 posted on 07/28/2005 2:32:32 PM PDT by KentTrappedInLiberalSeattle ("As a conservative site, Free Republic is pro-G-d, PRO-LIFE..." -- FR founder Jim Robinson)
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To: GhostofWCooper

You're welcome. You are the king of banality.


514 posted on 07/28/2005 2:36:07 PM PDT by 1rudeboy
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To: ohioWfan
"btw, foul language offends me, so knock it off, OK?"

I don't care. When I see our sovereignty swirling down the drain, I tend to get irksome. BTW, you read into the statement any profanity. I used a dash. So there.

515 posted on 07/28/2005 2:36:10 PM PDT by GhostofWCooper (enough's enough. Deport them and build the fence.)
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To: Mase
How can you put up with this? Arguing with these guys is as fun as...


516 posted on 07/28/2005 2:37:33 PM PDT by motzman (Verizon, the Hitler of phone companies)
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To: KentTrappedInLiberalSeattle

Nothing is funnier than "watching" the black-helicopter crowd interpret documents. Consider yourself fortunate that you received the compliment of an actual citation. It rarely happens.


517 posted on 07/28/2005 2:39:29 PM PDT by 1rudeboy
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To: 1rudeboy

Thanks! At last, my own command...


518 posted on 07/28/2005 2:41:06 PM PDT by GhostofWCooper (enough's enough. Deport them and build the fence.)
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To: GhostofWCooper
ROFLOL!! So there????

A twelve year old could come up with a more mature response than that!

I'll assume you're eleven.......that fits the uncontrolled emotional outburst, and avoiding personal responsibility for bad behavior attitude you exhibit....

Now either get a grip of your emotions or leave me alone. I have no time for your childishness.

519 posted on 07/28/2005 2:42:22 PM PDT by ohioWfan ("If My people, which are called by My name, will humble themselves and pray.....")
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To: ohioWfan
heheh

It's the banal approach..

520 posted on 07/28/2005 2:45:55 PM PDT by GhostofWCooper (enough's enough. Deport them and build the fence.)
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