Posted on 07/28/2005 4:48:23 PM PDT by Kitten Festival
Trade: CAFTA is often seen as a battle of big manufacturing corporations. But in reality it will benefit businesses across the board. Just ask Central American immigrants around Los Angeles, who say it's critical.
We've been intrigued by the imminent passage of CAFTA, which sadly has been given short shrift by the media. So we did something different. We talked with some of the people and businesses most affected by CAFTA — those in Los Angeles' thriving Central American immigrant community. We found their comments enlightening.
Take, for instance, Transportes Guzman in Los Angeles' Pico-Union district. There, boxes pile nearly to the ceiling. For $190, a Guatemalan can ship all sorts of things — clothes, medicines, household supplies and foods — back home. Items that can't be bought there, only here. With CAFTA — which creates duty-free trade with previously high-tariff countries — such businesses will boom.
"CAFTA is a larger U.S. export market than Russia, India and Indonesia, combined," said Ayse Oge, trade consultant with Los Angeles-based Ultimate Trade, who notes that Central American consumers are desperate for U.S. goods.
(Excerpt) Read more at investors.com ...
So what products will we export to them?
Not necessarily. It is seen by many as a betrayal of the American working class.
But in reality it will benefit businesses across the board.
... at the expense of the American working class. Oh, wait!
Just ask Central American immigrants around Los Angeles, who say it's critical.
Oh, yeah! Let's ask a wino if he wants some spare change. Or Bill Clinton if he'd take five minutes alone with a buxom babysitter. On the other hand, if you'd like a BALANCED view of this abomination, ask the unemployed textile worker in North Carolina, or the steelworker in Ohio who hasn't had a job since NAFTA passed.
Liberals? I would pay.
"So what products will we export to them?"
Cadillacs, they're all going to run out and buy Cadillacs with their first paycheck. And don't you worry, we'll all be safer once they have those Cadillacs.
17 billion widgets at $1 apiece, if you look at last year's figures.
I think you guys are on to some things overlooked by Washington.
"So what products will we export to them?"
Toys made in china
Electronics made in Japan
Clothes made in Thailand
Massage girls from Korea
Baseballs from the Dominical Republic
Hockey pucks made in the Czeck Republic
Did I go over the top with the pucks?
The American Farm Bureau Federation estimates CAFTA could expand U.S. farm exports by $1.5 billion a year. Manufacturers would also benefit, especially in sectors like information technology products, agricultural and construction equipment, paper products, pharmaceuticals, and medical and scientific equipment.
(See also: The Latino Coalition Strongly Supports Passage of DR-CAFTA)
Thanks, Sirc. You know the score.
Still reading up on CAFTA and NAFTA. I've been studying NAFTA for many years and now I'm working on comparing the two and seeing what will happen.
Of course in my high school (which was public) They taught NAFTA quite differently than they do at my University which is private and a business school.
waah
Maybe save some time. Check out just the years since 2000 when China was permanently made a favored trading partner. Expect more of the same.
Maybe we will export to China more Hollywood pap and gansta rap. That way they can pirate it and sell it back and make even more money at the new higher exchange.
So you and Daniel Ortega and Hugo Chavez have it all down, do you?
Oh.
I really have to wonder. For someone who is unaware what and how much we sell/ship to the CAFTA-DR region, what authority do you have to comment on economic matters?
China would love that, they seem to be obsessed with hollyweird....The scenario that I'm seeing though is we have a good opportunity here and if we did not take it CAFTA could be in China's hands... I'm still working on it all though.
Sure, there are challanges in Europe but they do not look effective from a legal point of view--ultimately, the pharmacutical industry is making a real frontal attack on the food supplement industry. Pain is that food supplements both prevent the kinds of conditions the Pharm's manufacture and invent products to treat; and often provide better treatment than Pharm's patented products.
False. Nice try, though . . . I can only imagine what would happen if those nameless, faceless, unaccountable WTO bureaucrats attempted to take away your gingko biloba.
Food, medicine, cars, farm equipment, cell phones, and even Taco Bells.
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