Trade Pressures Increasing at Climate Talks
OPS_admin | Dec 20, 2009 | Comments 0
As world leaders continue their global climate summit in Copenhagen, Denmark, trade is emerging as a very contentious issue in the negotiations, holding the potential to derail any substantive deal that leaders had hoped would emerge from the conference.
At issue is the developed world’s desire to levy a border adjustment tax -what essentially amounts to a tariff – on manufactured imports from nations that resist greenhouse gas emission curbs.
Developing nations have been steadfastly opposed to the idea, claiming that it is nothing more than a form of protectionism under the pretense of environmentalism and could be the ember needed to spark a trade war.
“We will always oppose any practice of establishing trade barriers under the guise of protecting the global environment,” Yu Qingtai, China’s climate-change ambassador, said in an interview with Bloomberg News.
Full Story Trade Pressures Increasing at Climate Talks | Economy In Crisis.
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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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