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Re: Council on Foreign Relations
Here's more from the brainwashing BS article...freetrade will not make our homes or land any cheaper. We,the american workers, will not benefit from this kind of trade with countries where killing off the unions with violence and having third-worlders work for slave rates is the norm.....word to the pushers....GET LOST PUNKS!...Find your slaves elsewhere and quit pushing us closer to it..
"The Korean considerations are geopolitical and economic. South Korea has the fourth-largest economy in Asia. The European Union has signed a trade agreement with Korea. The International Monetary Fund projects that more than half the global economic growth in the next dozen years or so will come from the Asian Pacific region.
If the US wants China to dominate the region then stiffing trade agreements with Korea and others is good strategy. That's not the Obama objective.
The auto and steel industries, and unions, complain about Korean import barriers in opposing the agreement. Yet overall Korean tariffs that would be affected by the deal are about three times greater than the US tariffs
"Ambassador Kirk, who believes the US can't "sit on the sidelines as others lower tariffs and conclude trade deals," nevertheless says the political climate has to improve.
"We're not going to be able to move forward if we have a poisoned political environment in Washington in which every issue that comes up becomes the next health care," he said in an interview April 2. "We don't want that for trade."
While the dynamics will be different -- support and opposition will be bipartisan -- a non-poisonous, Kumbaya epiphany on trade isn't on the horizon
Beyond the economics there even are some political reasons the White House should seize the moment and seek approval of these treaties. A month ago the labor movement was demoralized, denied legislative victories and appointments. Over the last few weeks, health care, a labor priority, was passed and Obama tapped union counsel Craig Becker to the National Labor Relations Board, reversing years of an anti-union tilt on the panel, and infuriating much of the business community. With these victories, will labor really wage a war with Obama and other Democrats in this fall's elections over trade?
One more point: The Obama team loves to contrast their leader and his willingness to take on tough battles with the last Democratic president -- remember Bill Clinton's triangulation? (The tension between top Obama and top Clinton advisers is as raw as ever.)
Seventeen years ago, over the opposition of labor and reservations from Capitol Hill Democrats, President Clinton rallied support to pass the North American Free Trade Agreement. Is Obama not up to the same?....................I hope not.********!
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I think we only have freetrade with Canada and Mexico....yet we are at a deficit with both...we are at a surplus with Panama...We can't have that now, can we?
p Ten Countries with which the U.S. has a Trade Deficit
For the month of January 2010
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Year To Date
Deficit in Deficit in
Millions Millions
Country Name of U.S. $ of U.S. $
China -18,296.34 -18,296.34
Mexico -4,621.95 -4,621.95
Canada -3,902.02 -3,902.02
Japan -3,349.24 -3,349.24
Nigeria -2,068.81 -2,068.81
Ireland -1,637.67 -1,637.67
Venezuela -1,599.54 -1,599.54
Russia -1,384.97 -1,384.97
Algeria -1,227.14 -1,227.14
Saudi Arabia -1,225.61 -1,225.61
Last edited by slavenomore; 04-05-2010 at 12:10 AM.
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