When Americans No Longer Own America

[The2ndWheel]

http://www.commondreams.org/views06/0227-20.htm

The Dubai Ports World deal is waking Americans up to a painful reality: So-called "conservatives" and "flat world" globalists have bankrupted our nation for their own bag of silver, and in the process are selling off America.

Through a combination of the "Fast Track" authority pushed for by Reagan and GHW Bush, sweetheart trade deals involving "most favored nation status" for dictatorships like China, and Clinton pushing us into NAFTA and the WTO (via GATT), we've abandoned the principles of tariff-based trade that built American industry and kept us strong for over 200 years.

The old concept was that if there was a dollar's worth of labor in a pair of shoes made in the USA, and somebody wanted to import shoes from China where there may only be ten cents worth of labor in those shoes, we'd level the playing field for labor by putting a 90-cent import tariff on each pair of shoes. Companies could choose to make their products here or overseas, but the ultimate cost of labor would be the same.

Then came the flat-worlders, led by misguided true believers and promoted by multinational corporations.

[Mythsaje]

1. Absolutely right...

This is something Thom Hartmann talks about all the time.

[Vincardog]

2. led by misguided true believers and promoted by multinational corporations

AKA "LOW WAGE CONSERVATIVES"

NeoConvicts are parasites and must be expunged from out country.

[LSparkle]

4. "Low Wage Conservatives" -- now THAT's a high-concept term we can use

That's precisely what they are -- they favor low wages in order to build corporate/management wealth.

[schmuls]

3. We've been sold down the river by the very people who are

supposed to be protecting us. If I've been seditious, they can come and get me.