Free Trade Proponents Foolishly Push Forward
OPS_admin | Dec 08, 2009 | Comments 0
With President Barack Obama set to unveil new job creation policies next week, his critics on the right, including business groups and Congressional Republicans are offering up their own ideas.
With President Barack Obama set to unveil new job creation policies next week, his critics on the right, including business groups and Congressional Republicans are offering up their own ideas. Those ideas consist of the same boilerplate GOP economic stimulus of the past two decades: lower taxes and more so-called “free trade.”
Critics on the right would like to see the Obama administration and Congress actively work to finalize previously negotiated “free trade” agreements with Columbia, South Korea and Panama, which they say will boost U.S. exports and create American jobs, in spite of “free trade” failures America has seen so far.
“For most of 2009 we were willing to sit on our hands” Bill Lane, a government affairs official for Caterpillar Inc., told the Associated Press. “We can't maintain that anymore. It's time we started moving forward.”
According to Lane, the U.S. has paid $2.3 billion in tariffs to Columbia since the trade agreement was negotiated three years ago.
Full Story Economyincrisis.org – America’s Economic Report – Daily.
Filed Under: Foreign Policy
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The oligarchs openly talking about a coup d'état in America?
Multi-millionaire lobbyist Grover Norquist is calling for the impeachment of President Obama. In an interview with the right-wing National Journal - Norquist warned that if President Obama wins re-election and decides to let the Bush tax cuts for the top 2% expire at the end of the year - then Republicans will "have enough votes in the Senate in 2014 to impeach [him]."What does that mean? It means that the super rich in America - and their political operatives like Norquist in Washington, DC - have now compared a tiny tax increase on the wealthy to high crimes and treason - the only Constitutional basis Congress can use to impeach a President. It sounds like the oligarchs are now openly talking about a coup d'état in America.-Thom(Do you think will try it? Tell us here.) -
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