[hedgetrimmer]

It is a business deal to "level the playing field" so foreign agents and countries can loot our domestic economy.

It is "critical" that Congress pass legislation to implement the Organization for Economic Cooperation and Development (OECD) Shipbuilding Agreement by June 15,1996 Jennifer Hillman, general counsel in the Office of the U.S. Trade Representative, told the House Special Oversight Panel on the Merchant Marine.

U.S. ratification is dependent on the passage of implementing legislation in the House and Senate that will bring U.S. programs into compliance with the agreement.

Hillman noted that the agreement will "level the playing field for U.S. builders by eliminating unfair foreign subsidies and other trade distorting practices affecting the global shipbuilding market."

Clinton, Bill. 1993. Strengthening America's Shipyards: A Plan for Competing in the International Market

[Frank_Discussion]

"It is a business deal to "level the playing field" so foreign agents and countries can loot our domestic economy."

How does said looting take place? No money exchanges hands that wasn't already so doing.