Why don't we pull out of the WTO? When do they ever side with the U.S.?

[jacquelope]

http://www.industryweek.com/articles/china_partly_wins_appeal_on_u-s-_anti-dumping_dispute_24112.aspx

China Partly Wins Appeal on U.S. Anti-dumping Dispute
U.S. trade representative calls ruling 'overreaching' by WTO appeals body.
By . Agence France-Presse

March 11, 2011

The World Trade Organization on Friday partly upheld a Chinese appeal in a ruling on U.S. anti-dumping measures on some steel pipes, tyres and laminated woven sacks that left Washington smarting.
Washington said it was "deeply troubled" by the outcome while China claimed a "major victory."

A WTO dispute settlement panel had rejected parts of the original Chinese complaint against the United States in a mixed and highly complex ruling delivered last October.

But the Geneva-based trade watchdog's appeals body on Friday reversed at least two key points of those findings following Beijing's appeal in the latest episode in a series of bruising trade battles between the economic giants.

[xchrom]

1. an examination of trade between our country -- and lots of our major trading partners

would reveal -- there is no 'free trade'.

our tariffs are low by comparison and their's are not. -- they're regulations re: foreign investment benefit them more than ours do for us.

why keep doing any of this stuff? it's hurting us.

[jacquelope]

3. We keep doing it because no one will rise up.

Anti-globalism and anti-WTO threads don't seem to abound here or stay up at the top for long.

That shows how uncommitted we are to doing anything about globalism or the WTO: it's just not much of a concern. It will be, though, as the trade deficit adds enough to our national debt to sink us for good.

[Turbineguy]

2. The WTO sides

with the banksters.

[howaboutme]

4. Absolutely

I've become convinced that commercial interests have hijacked our government. The institution of the Democratic Party is owned by Wall Street, and institution of the Republican Party is owned by US Chamber of Commerce. Our owners meanwhile distract and divide us with the pundits and social issues such as abortion, choice, DADT, church and state, conservative vs liberal divide, etc.

Financiers and industrialists have benefited enormously from global unfair trade that has decimated the USA people while turning China into a powerhouse of consumers.

The really true threat to the USA has its basis in corporatism, not from conservatism and progressiveness.

http://www.youtube.com/watch?v=acLW1vFO-2Q

[malaise]

5. Check the ruling re the Preferential Treaty with ACP countries versus

the US Banana multinationals then get back to me.
Remember the US does now grow bananas but the ruling was in favor of Dole and Chiquita rather than ACP countries and their European links.

[bettyellen]

6. so they rule in favor of corporations, just not the rest of us here in the US

[malaise]

9. WTO operates under the Washington Consensus model

It was Bill Clinton who fugged up the banana trade on behalf of the American corporations.
None of the rest of us counts when the words 'national interest' are used.

[Davis_X_Machina]

7. Les ouvriers n'ont pas de patrie. n/t

[Zorra]

8. Great idea. Let's put that on the agenda. nt

[TheKentuckian]

10. Us? Shit, they always side against the masses for the multinationals.