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To: William Terrell
When you have a global economy, you have to have global agencies to govern it. An economy is what a government is based on.

Nope. And nope. Taking the second part first: A government exists to secure our rights. Period. As for the first, all that is necessary for worldwide trade is enforceable contract law and private property protection. You actually need more government interference to REGULATE trade; with free trade (i.e. no tariffs, no quotas) you don't. Regulate trade, regulate everything else... sure.

274 posted on 07/19/2003 9:55:00 PM PDT by austinTparty
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Made right here in America, with highly skilled, highly paid Union labor. Sold all over the world. Battled by tough competitors in the U.S. and abroad; China, India, Germany, Italy, Japan, Australia & Great Britain, to name a few.

Employee owned, in our 135th year. Don't condesend to tell me it can't be done . . .

275 posted on 07/19/2003 10:08:44 PM PDT by BraveMan
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To: austinTparty
Nope. And nope.

Nope and nope. That is, (first) when you have a global economy, you don't have global agencies to govern it; and, (second) an economy is not what a government is based on?

Taking the second part first: A government exists to secure our rights. Period.

What in the world does the purpose of a government have to do with what enables it?

As for the first, all that is necessary for worldwide trade is enforceable contract law and private property protection. You actually need more government interference to REGULATE trade; with free trade (i.e. no tariffs, no quotas) you don't. Regulate trade, regulate everything else... sure.

Oh? Who enforces that "enforcable contract law and proterty protection"? The regulatory agency of a particular country? Which country?

And here I thought the WTO stood for "World Trade Organization".

277 posted on 07/20/2003 11:28:52 AM PDT by William Terrell (People can exist without government but government can't exist without people)
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