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Probably the ONLY thing that Kerry has ever been "right" on. Hmmmm, wonder what his budy 'the swimmer' thinks of this?
1 posted on 06/20/2002 7:08:51 PM PDT by RFP
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To: RFP; Tancredo Fan; Sabertooth
NAFTA Chapter 11 is a great threat to America and Americans. Sovreignty is totally gutted. Corps are just playing it cool for now with this one.
3 posted on 06/20/2002 7:25:19 PM PDT by Shermy
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To: RFP
"NAFTA was never intended to infringe on US sovereignty in such a way," he said.

Completely untrue. That was what was exactly intended. Kerry wasn't listening.

4 posted on 06/20/2002 7:29:38 PM PDT by Shermy
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To: RFP
In 1999, California Gov. Gray Davis banned gasoline with MTBE. A few months later, Methanex invoked Chapter 11, demanding either that California's ban be lifted or that US taxpayers give the company $970 million in economic damages.

It is probably true that governments, and their taxpayers, ought to get whacked when they jerk around private companies the way they did with MTBE. I don't know what a scale plant costs to produce that stuff, but I'm sure it's in the tens of millions of dollars. When "the people" (read: the legislature) wanted this stuff added to the gasoline, private investors were there to build plants to make it. Now, a few years later, "the people" want to say, "Oops, never mind"? That is not real cool.

That said, a NAFTA proceeding is absolutely the worst way to handle such a situation. No U.S. company can use NAFTA courts to seek damages for any MTBE plants they built. Why should foreign-owned and situated companies have an advantage?


6 posted on 06/20/2002 7:41:49 PM PDT by Nick Danger
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To: RFP
Kerry talks a good game, you don't really think he's going to do something do you? He's talking so when he runs for prez, he can point out that line.
7 posted on 06/20/2002 7:48:02 PM PDT by Sonny M
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To: RFP
Whether this article be factual or not I immediately become suspicious when I see the names Bill Moyers and John Kerry in favor of it.
10 posted on 06/20/2002 8:26:35 PM PDT by Mind-numbed Robot
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To: RFP
"we hope Congress repairs some odious parts of NAFTA."

HAHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAH! All your jobs are belong to us!

13 posted on 06/20/2002 10:13:11 PM PDT by brat
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To: RFP
"Multinational corporations are using NAFTA’s Chapter 11 "to claim compensation for unrealized profits," Bill Moyers said in a special public television broadcast. The chapter lets firms sue governments whenever laws or public policies reduce their profits."

Its too bad they didn't give the American worker the same privilege. We sure lost alot of profits!

14 posted on 06/20/2002 10:14:55 PM PDT by brat
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