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'Fair Trade'? Free Trade Is Fair Trade
IBD Editorials ^ | December 27, 2010 | WALTER WILLIAMS

Posted on 12/27/2010 5:04:46 PM PST by Kaslin

At first blush, the mercantilists' call for "free trade but fair trade" sounds reasonable.

After all, who can be against fairness? Giving the idea just a bit of thought suggests that fairness as a guide for public policy lays the groundwork for tyranny.

You say, "Williams, I've never heard anything so farfetched! Explain yourself."

Think about the First Amendment to our Constitution that reads:

"Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the government for a redress of grievances."

When Fairness Trumps Freedom

How many of us would prefer that the Founders had written the First Amendment so as to focus on fairness rather than freedom and instead wrote:

"Congress shall make no unfair laws respecting an establishment of religion, or prohibiting the fair exercise thereof; or abridging the fairness of speech, or of the press; or the right of the people to peaceably assemble in a fair fashion, and to fairly petition the government for a redress of grievances"?

How supportive would you be to a person who argued that he was for free religion but fair religion, or he was for free speech but fair speech?

(Excerpt) Read more at investors.com ...


TOPICS: Business/Economy; Editorial
KEYWORDS: freetrade; illegalimmigratiom
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1 posted on 12/27/2010 5:04:48 PM PST by Kaslin
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To: Kaslin
But, but, CHINA!
/blowhard
2 posted on 12/27/2010 5:08:29 PM PST by 1rudeboy
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To: Kaslin

No one knows what “fair trade” means. It’s entirely in the eye of the beholder.


3 posted on 12/27/2010 5:10:23 PM PST by Brilliant
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To: 1rudeboy

title says it all.


4 posted on 12/27/2010 5:36:49 PM PST by expat_panama
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To: Kaslin

America first. Allies Second. Adversaries last. Jobs belong here at home.


5 posted on 12/27/2010 5:37:49 PM PST by Darren McCarty (Michigan's Supreme Court - Once again, it is best in the country.)
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To: Brilliant

We live in a free country and are ready to fight for freedom, but even mere discussions about over fairness and having a fair country are pointless.


6 posted on 12/27/2010 5:45:14 PM PST by expat_panama
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To: Kaslin

The Civil War started because the North opposed free trade. Supporting streamlined free trade (lower tariffs and regulations) will lift our domestic economy and alleviate social ills such as illegal immigration.


7 posted on 12/27/2010 5:46:05 PM PST by TXConservative25
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To: Kaslin

Article I, Section 8:
“The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;...”

Article I, Section 9:
“...No tax or duty shall be laid on articles exported from any state...”


8 posted on 12/27/2010 5:52:52 PM PST by familyop (cbt. engr. (cbt), NG, '89-' 96, Duncan Hunter or no-vote.)
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To: Kaslin

Article I, Section 8:
“The Congress shall have Power To...To regulate Commerce with foreign Nations,...”


9 posted on 12/27/2010 5:55:45 PM PST by familyop (cbt. engr. (cbt), NG, '89-' 96, Duncan Hunter or no-vote.)
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To: Darren McCarty
America first.

Great line.  These days it means paying higher import taxes so underachievers won't have to work as hard.  Years ago it meant--

 

--American Nazis keeping us from stopping Hitler.

10 posted on 12/27/2010 5:56:09 PM PST by expat_panama
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To: TXConservative25

“Supporting streamlined free trade (lower tariffs and regulations) will lift our domestic economy and alleviate social ills such as illegal immigration.”

So how’s that working out, actually?

I keep hearing these promises from “free trade” advocates. It has been 15+ years and I have yet to see any of the promised results.

When shall we expect these wonderful and glorious results of “free trade?”


11 posted on 12/27/2010 5:56:11 PM PST by NVDave
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To: Kaslin

The Tariff Act of 1789, the first national source of revenue for the newly formed United States.


12 posted on 12/27/2010 5:57:26 PM PST by familyop (cbt. engr. (cbt), NG, '89-' 96, Duncan Hunter or no-vote.)
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To: Kaslin
How long do we pay 10% of our population to not work while at the same time import goods from a communist slave country to save a few pennies on the dollar? Tell me?

FreeTrade™ it's a religion.

13 posted on 12/27/2010 6:03:27 PM PST by central_va (I won't be reconstructed, and I do not give a damn.)
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To: expat_panama
American Nazis keeping us from stopping Hitler.

Considering what France and the UK have done with their American given freedom it appears to have been a mistake saving them. They would arguably both be better off today speaking German.

14 posted on 12/27/2010 6:15:12 PM PST by Reeses
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To: NVDave
It has been 15+ years and I have yet to see any of the promised results.

And if you haven't seen it, it doesn't exist. Let's raise taxes on ourselves now!

15 posted on 12/27/2010 6:16:43 PM PST by 1rudeboy
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To: Kaslin

The current absurd trade relationship between USA (see also: chumps) and China (see also: war by other means) is stupid.

China is conducting a trade war, and winning.

America is surrendering, squishy, and spineless.

Where, is the America of old? What ever happened, to our great nation?


16 posted on 12/27/2010 6:19:13 PM PST by Cringing Negativism Network (McCarthy Was Right)
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To: central_va

“FreeTrade™ it’s a religion.”

-

More like a cult.

Jim Jones, and his band of kook-aid drinkers, got nothing on those who wish to send every remaining American job to other nations.

“Free Trade” - it’s the new kool-aid.


17 posted on 12/27/2010 6:21:16 PM PST by Cringing Negativism Network (McCarthy Was Right)
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To: Cringing Negativism Network

How much more should Dr. Williams have paid for his Lexus in order to get you to stop whining about China?


18 posted on 12/27/2010 6:21:58 PM PST by 1rudeboy
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To: Cringing Negativism Network

When you run the numbers these corps only save few pennys on the dollar when they use slave labor. Now if the corps fired all of their USA employees and used Chinese for all the accounting marketing etc. Then we would really save money! The MBA’s wouldn’t have any of that...


19 posted on 12/27/2010 6:24:04 PM PST by central_va (I won't be reconstructed, and I do not give a damn.)
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To: 1rudeboy
How much more should Dr. Williams have paid for his Lexus in order to get you to stop whining about China?

Where they made? Here or in Japan?

20 posted on 12/27/2010 6:25:45 PM PST by central_va (I won't be reconstructed, and I do not give a damn.)
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