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FREE TRADE –What is Free about it?

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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-16-07 01:19 PM
Original message
FREE TRADE –What is Free about it?
We have foreign governments bribing our elected officials to pressure the FTC for favorable rulings or enact agreements which place millions of Americans on the unemployment roles or generally LOWER their standard of living.

Now we have Wall Street reacting to what is a credit crunch brought on by the huge National Debt we own China due to our trade imbalance. Adebt our Grandchildren will be left paying

So what exactly is SO FREE about it

And don't say we helping the people of poor nations. Because last I checked wages went DOWN in Mexico after NAFTA was enacted
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MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-16-07 01:23 PM
Response to Original message
1. 2 Of The 3 Dem Presidential Frontrunners Pushed Permanent "Free" Trade...
...status for China.

Yet we continue to want to vote for these folks.

We have met the enemy, and they is us.
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LSK Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-16-07 01:24 PM
Response to Reply #1
2. no
They voted for NORMAL trade relations with China. NOT FREE TRADE.
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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-16-07 01:26 PM
Response to Reply #2
3. Don't mind Normal
But when China places a 25% tariff on our cars and we place a 2.5% on theirs I generally call that stupid economics
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LSK Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-16-07 01:27 PM
Response to Reply #3
4. thats fine, but dont lie to bash candidates
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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-16-07 01:33 PM
Response to Reply #4
6. Same negotiating tactics Japan used for years
Edited on Thu Aug-16-07 01:35 PM by FreakinDJ
Every time they head some thing they didn't like they got up from the negotiating table claiming we were Japan Bashing again.

Took years for the US to wake up to that one.

Now when some one tries to mention the US is in SERIOUS financial trouble with growing debt, the dissolution of our manufacturing base, and the plight of 10s of 1000s of US workers you imply I am WHO bashing?

Wake up and smell the unemployment rate

I want our candidates to Take Back America and dissolve the sweet heart corporate deals that are destroying America
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MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-16-07 01:29 PM
Response to Reply #2
5. No.
Edited on Thu Aug-16-07 01:32 PM by MannyGoldstein
The "normalization" moniker was a brand-new invention designed to put lipstick on the pig.

In reality, it lowered tariffs dramatically. For example, tariffs on cars went from 100% to 25%. Tariffs on most other things dropped to well under 10%. 5% tariffs mean zero when labor costs $2 a day.
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