The South Korean FTA – The Final Nail in Our Economy’s Coffin


Who wants the South Korean FTA and Why?

Senate Republicans are willing to pass three leftover trade agreements from the Bush era by any means necessary, even if that means figuratively holding the president’s nominee to head the U.S. Commerce Department hostage to extract what they want.

With former Commerce Secretary Gary Locke headed to China to become U.S. Ambassador to the Asian powerhouse, the position is currently empty, and any replacement must be confirmed by two-thirds of the Senate.

“So important are these deals to our economy and our relations with these key allies in Latin America that, until the president submits both agreements to Congress for approval and commits to signing implementing legislation into law, we will use all the tools at our disposal to force action, including withholding support for any nominee for commerce secretary and any trade-related nominees,” the letter, signed by McConnell and 43 other GOP senators, states.

Full Story Here: The South Korean FTA – The Final Nail in Our Economy’s Coffin | Economy In Crisis.

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