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So if another country entered into a trade agreement that sucked jobs out of their country,

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Skwmom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 12:40 PM
Original message
So if another country entered into a trade agreement that sucked jobs out of their country,
Edited on Mon Feb-09-09 12:50 PM by Skwmom
would they be willing to abide by that trade agreement forever more? China, Canada and the European Countries sure can complain about the U.S. and its "Buy American Provision" but what if the shoe was on the other foot?

Secondly, if someone buys off enough crooks in D.C. to pass a trade agreement that benefits them to the detriment of American workers, is this country forever bound to uphold that trade agreement?

Doesn't trade agreements include outs in times of national emergencies? And if so, if this isn't yet a national emergency, how bad does it have to get before it is?

Amazing: To destroy another country you don't need to use military force. Just buy off the crooks that run their government and they'll do the job for you.
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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 01:10 PM
Response to Original message
1. When Kucinich was running for Pres, he said the pres has the power to withdraw from NAFTA and WTO
Edited on Mon Feb-09-09 01:11 PM by antigop
http://www.ontheissues.org/2008/Dennis_Kucinich_Free_Trade.htm

KUCINICH: NAFTA and the WTO must be canceled. Let me tell you why. The WTO doesn’t permit any alterations. When we, as members of Congress, sought from the administration a Section 201 procedure to stop the dumping of steel into our markets so we could stop our American steel jobs from being crushed, the World Trade Organization ruled against the United States and said we had no right to do that. Now, the World Trade Organization, as long as we belong to it, will not let us protect the jobs. This is the reason why we have outsourcing going on right now. We can’t tax it. We can’t put tariffs on it. In order to protect jobs in this country and to be able to create a enforceable structure for trade, we need to get out of NAFTA, get out of the WTO.

Q: And you can do that by edict?

KUCINICH: The president has the power to withdraw from both NAFTA and the WTO upon a six-months notice. And I would exercise that authority to help save American jobs.


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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 01:12 PM
Response to Original message
2. One of the questions people should ask is...
If multinational companies decide at some point to move jobs out of India to some other country with cheaper labor, what do you think the Indian government would do? Would it just go ahead and let it happen and destroy their economy?
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stillcool Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 04:09 PM
Response to Reply #2
3. What could they do? This from 2000...
Edited on Mon Feb-09-09 04:10 PM by stillcool
imagine what it's like today with the major transfer of wealth that has gone on for the last 8 years.

Top 200: The Rise of Global Corporate Power
By Sarah Anderson and John Cavanagh
Corporate Watch
2000

http://www.globalpolicy.org/socecon/tncs/top200.htm
Summary of Findings
1. Of the 100 largest economies in the world, 51 are now global corporations; only 49 are countries.
2. The combined sales of the world's Top 200 corporations are far greater than a quarter of the world's economic activity.
3. The Top 200 corporations' combined sales are bigger than the combined economies of all countries minus the biggest 9; that is they surpass the combined economies of 182 countries.
4. The Top 200 have almost twice the economic clout of the poorest four-fifths of humanity.
5. The Top 200 have been net job destroyers in recent years. Their combined global employment is only 18.8 million, which is less than a third of one one-hundredth of one percent of the world's people.
6. Not only are the world's largest corporations cutting workers, their CEOs often benefit financially from the job cuts.
7. Japanese corporations have surpassed U.S. corporations in the ranking of the Top 200.
8. Over half of the sales of the Top 200 are in just 5 economic sectors; and corporate concentration in these sectors is high.
9. When General Motors trades with itself, is that free trade?: One-third of world trade is simply transactions among various units of the same corporation.
10. The Top 200 are creating a global economic apartheid, not a global village. The top eight telecommunications firms, for example, have been expanding global sales rapidly, yet over nine-tenths of humanity remains without phones.
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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-10-09 11:18 AM
Response to Reply #3
4. You don't think the Indian government would respond to massive protests in the streets?
Do you honestly think Indian workers would sit by without massive protests? (Unlike the American workers who are just sitting by and let their livelihood be destroyed?)
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