patrick.net

Well, sad as it may seem, I think we are doomed. Obozo is negotiating this in secret and in this repubs support him whole heartedly.

Maybe Sanders and a few other outliers may be against it.

Increasingly for at least the past 30 years, through heavy lobbying, campaign "donations", and other payoffs, Wall street and the big corporations have been taking over the parties and the government. And since about 2000 or so they have done it, and now they are in complete control.

So they do whatever the hell they want. The vaste majority, the docile and weak Americanized people (the big stupid herd) do absolutely nothing but soak their brains in alcohol and anti-depressive drugs and watch inconsequential repetitious sports contests, and violent, vulgar, and depraved TV and movies, oh and gamble, while drinking coffee and staring into their mesmerizing pods, to which they look to for all the answers that will never be there.

Billions of new customers! More high tech high paying Jobs of the Future!

Free Trade is where it's at! Look how well NAFTA and MFN for China worked out!

Of all the egregious provisions of this codification of the corporate coup d'tat, the formal ceding of sovereign power to the corporations (#2) seems the most dire:

The idea that "domestic laws that could adversely impact their “expected future profits”… "could require taxpayer compensation to corporations." makes their intention plain. What a strong arm/blackmail racket that will turn out to be.
Bear in mind that Walmarts revenues exceed Norway's GDP.
If they want to build a Supercenter at Frogner Park I guess they will..

The reality is that any trade agreement is an oxymoron. If you want to have free trade there is NO agreement you just trade.

NAFTA had over 1200 pages. Bullshit. Bipartisan by the way:

Back in the early 1990s, the North American Free Trade Agreement was one of the hottest political issues in the country. When he was running for president in 1992, Bill Clinton promised that NAFTA would result in an increase in the number of high quality jobs for Americans that it would reduce illegal immigration. Ross Perot warned that just the opposite would happen. He warned that if NAFTA was implemented there would be a "giant sucking sound" as thousands of businesses and millions of jobs left this country. Most Americans chose to believe Bill Clinton. Well, it is 20 years later and it turns out that Perot was right and Clinton was dead wrong. But now history is repeating itself, and most Americans don't even realize that it is happening. As you will read about at the end of this article, Barack Obama has been negotiating a secret trade treaty that is being called "NAFTA on steroids", and if Congress adopts it we could lose millions more good paying jobs.

It amazes me how the American people can fall for the same lies over and over again. The lies that serial liar Barack Obama is telling about "free trade" and the globalization of the economy are the same lies that Bill Clinton was telling back in the early 1990s. The following is an excerpt from a recent interview with Paul Craig Roberts...

I remember in the 90′s when former Presidential candidate Ross Perot emphatically stated that NAFTA (North American Free Trade Agreement) would create a giant “sucking sound” of jobs being extracted away from the U.S. He did not win the election, and NAFTA was instituted on Jan. 1, 1994. Now, 20 years later, we see the result of all the jobs that have been “sucked away” to other countries.

According to an article by the Economic Policy Institute on 1/3/14:

“Clinton and his collaborators promised that the deal would bring “good-paying American jobs,” a rising trade surplus with Mexico, and a dramatic reduction in illegal immigration. Considering that thousands of kids are pouring over the border as we speak, well, how’d that work out for us?
Many Americans like to remember Bill Clinton as a "great president" for some reason. Well, it turns out that he was completely and totally wrong about NAFTA. The following are 20 facts that show how NAFTA is destroying the economy...

#1 More than 845,000 American workers have been officially certified for Trade Adjustment Assistance because they lost their jobs due to imports from Mexico or Canada or because their factories were relocated to those nations.

#2 Overall, it is estimated that NAFTA has cost us well over a million jobs.

#3 U.S. manufacturers pay Mexican workers just a little over a dollar an hour to do jobs that American workers used to do.

#4 The number of illegal immigrants living in the United States has more than doubled since the implementation of NAFTA.

#5 In the year before NAFTA, the U.S. had a trade surplus with Mexico and the trade deficit with Canada was only 29.6 billion dollars. Last year, the U.S. had a combined trade deficit with Mexico and Canada of 177 billion dollars.

#6 It has been estimated that the U.S. economy loses approximately 9,000 jobs for every 1 billion dollars of goods that are imported from overseas.

#7 One professor has estimated that cutting the total U.S. trade deficit in half would create 5 million more jobs in the United States.

#8 Since the auto industry bailout, approximately 70 percent of all GM vehicles have been built outside the United States. In fact, many of them are now being built in Mexico.

#9 NAFTA hasn't worked out very well for Mexico either. Since 1994, the average yearly rate of economic growth in Mexico has been less than one percent.

#10 The exporting of massive amounts of government-subsidized U.S. corn down into Mexico has destroyed more than a million Mexican jobs and has helped fuel the continual rise in the number of illegal immigrants coming north.

#11 Someone making minimum wage in Mexico today can buy 38 percent fewer consumer goods than the day before NAFTA went into effect.

#12 Overall, the United States has lost a total of more than 56,000 manufacturing facilities since 2001.

#13 Back in the 1980s, more than 20 percent of the jobs in the United States were manufacturing jobs. Today, only about 9 percent of the jobs in the United States are manufacturing jobs.

#14 We have fewer Americans working in manufacturing today than we did in 1950 even though our population has more than doubled since then.

#15 Back in 1950, more than 80 percent of all men in the United States had jobs. Today, only 65 percent of all men in the United States have jobs.

#16 As I wrote about recently, one out of every six men in their prime working years (25 to 54) do not have a job at this point.

#17 Because we have shipped millions of jobs overseas, the competition for the jobs that remain has become extremely intense and this has put downward pressure on wages. Right now, half the country makes $27,520 a year or less from their jobs.

#18 When adults cannot get decent jobs, it is often children that suffer the most. It is hard to believe, but more than one out of every five children in the United States is living in poverty in 2014.

#19 In 1994, only 27 million Americans were on food stamps. Today, more than 46 million Americans are on food stamps.

#20 According to Professor Alan Blinder of Princeton University, 40 million more U.S. jobs could be sent offshore over the next two decades if current trends continue.

I will add that by a free market both sides would have benefited through comparative advantage, but this is not a free market.

NOVEMBER 30, 2013Murray N. Rothbard
TAGS Free MarketsWorld HistoryInterventionism

Editor’s Note: The North American Free Trade Agreement (NAFTA) was approved by Congress 20 years ago this month. Rothbard’s essay on NAFTA, reprinted below, is available in the collection Making Economic Sense.

For some people, it seems, all you have to do to convince them of the free enterprise nature of something is to label it “market,” and so we have the spawning of such grotesque creatures as “market socialists” or “market liberals.” The word “freedom,” of course, is also a grabber, and so another way to gain adherents in an age that exalts rhetoric over substance is simply to call yourself or your proposal “free market” or “free trade.” Labels are often enough to nab the suckers.

And so, among champions of free trade, the label “North American Free Trade Agreement” (Nafta) is supposed to command unquestioning assent. “But how can you be against free trade?” It’s very easy. The folks who have brought us Nafta and presume to call it “free trade” are the same people who call government spending “investment,” taxes “contributions,” and raising taxes “deficit reduction.” Let us not forget that the Communists, too, used to call their system “freedom.”

In the first place, genuine free trade doesn’t require a treaty (or its deformed cousin, a “trade agreement”; Nafta is called a trade agreement so it can avoid the constitutional requirement of approval by two-thirds of the Senate). If the establishment truly wants free trade, all it has to do is to repeal our numerous tariffs, import quotas, anti-“dumping” laws, and other American-imposed restrictions on trade. No foreign policy or foreign maneuvering is needed.

If authentic free trade ever looms on the policy horizon, there’ll be one sure way to tell. The government/media/big-business complex will oppose it tooth and nail. We’ll see a string of op-eds “warning" about the imminent return of the 19th century. Media pundits and academics will raise all the old canards against the free market, that it’s exploitative and anarchic without government “coordination.” The establishment would react to instituting true free trade about as enthusiastically as it would to repealing the income tax.

In truth, the bipartisan establishment’s trumpeting of “free trade” since World War II fosters the opposite of genuine freedom of exchange. The establishment’s goals and tactics have been consistently those of free trade’s traditional enemy, “mercantilism” — the system imposed by the nation-states of 16th to 18th century Europe. President Bush’s infamous trip to Japan was only one instance: trade policy as a continuing system of maneuverings to try to force other countries to purchase more American exports.

Whereas genuine free traders look at free markets and trade, domestic or international, from the point of view of the consumer (that is, all of us), the mercantilist, of the 16th century or today, looks at trade from the point of view of the power elite, big business in league with the government. Genuine free traders consider exports a means of paying for imports, in the same way that goods in general are produced in order to be sold to consumers. But the mercantilists want to privilege the government-business elite at the expense of all consumers, be they domestic or foreign.

In negotiations with Japan, for example, be they conducted by Reagan or Bush or Clinton, the point is to force Japan to buy more American products, for which the American government will graciously if reluctantly permit the Japanese to sell their products to American consumers. Imports are the price government pays to get other nations to accept our exports.

Another crucial feature of post-World War II establishment trade policy in the name of “free trade” is to push heavy subsidies of exports. A favorite method of subsidy has been the much beloved system of foreign aid, which, under the cover of “reconstructing Europe,” “stopping Communism,” or “spreading democracy,” is a racket by which the American taxpayers are forced to subsidize American export firms and industries as well as foreign governments who go along with this system. Nafta represents a continuation of this system by enlisting the U.S. government and American taxpayers in this cause.

Yet Nafta is more than just a big business trade deal. It is part of a very long campaign to integrate and cartelize government in order to entrench the interventionist mixed economy. In Europe, the campaign culminated in the Maastricht Treaty, the attempt to impose a single currency and central bank on Europe and force its relatively free economies to rachet up their regulatory and welfare states.

In the United States, this has taken the form of transferring legislative and judicial authority away from the states and localities to the executive branch of the federal government. Nafta negotiations have pushed the envelope by centralizing government power continent-wide, thus further diminishing the ability of taxpayers to hinder the actions of their rulers.

Thus the siren-song of Nafta is the same seductive tune by which the socialistic Eurocrats have tried to get Europeans to surrender to the super-statism of the European Community: wouldn’t it be wonderful to have North America be one vast and mighty “free trade unit” like Europe? The reality is very different: socialistic intervention and planning by a super-national Nafta Commission or Brussels bureaucrats accountable to no one.

And just as Brussels has forced low-tax European countries to raise their taxes to the Euro-average or to expand their welfare state in the name of “fairness,” a “level playing field,” and “upward harmonization,” so too Nafta Commissions are to be empowered to “upwardly harmonize,” to ride roughshod over labor and other laws of American state governments.

President Clinton’s trade representative Mickey Kantor has crowed that, under Nafta, “no country in the agreement can lower its environmental standards ever.” Under Nafta, we will not be able to roll back or repeal the environmental and labor provisions of the welfare state because the treaty will have locked us in — forever.

In the present world, as a rule of thumb, it is best to oppose all treaties, absent the great Bricker Amendment to the Constitution, which could have passed Congress in the 1950s but was shot down by the Eisenhower administration. Unfortunately, under the Constitution, every treaty is considered “the supreme law of the land,” and the Bricker Amendment would have prevented any treaty from overriding any preexisting Constitutional rights. But if we must be wary of any treaty, we must be particularly hostile to a treaty that builds supranational structures, as does Nafta.

[product:10622]

The worst aspects of Nafta are the Clintonian side agreements, which have converted an unfortunate Bush treaty into a horror of international statism. We have the side agreements to thank for the supranational Commissions and their coming “upward harmonization.” The side agreements also push the foreign aid aspect of the establishment’s “free trade” hoax. They provide for the U.S. to pour an estimated $20 billion into Mexico for an “environmental cleanup” along the U.S.-Mexican border. In addition, the United States has informally agreed to pour billions into Mexican government coffers through the World Bank when and if Nafta is signed.

As with any policy that benefits the government and its connected interests, the establishment has gone all out in its propaganda efforts on behalf of Nafta. Its allied intellectuals have even formed networks to champion the cause of government centralization. Even if Nafta were a worthy treaty, this outpouring of effort by the government and its friends would raise suspicions.

The public is rightly suspicious that this effort is related to the vast amount of money that the Mexican government and its allied special interests are spending on lobbying for Nafta. That money is, so to speak, the down payment on the $20 billion that the Mexicans hope to mulct from the American taxpayers once Nafta passes.

Nafta advocates say we must sacrifice to “save” Mexican President Carlos Salinas and his allegedly wonderful “free-market” policies. But surely Americans are justly tired of making eternal “sacrifices,” of cutting their own throats, on behalf of cloudy foreign objectives which never seem to benefit them. If Nafta dies, Salinas and his party may fall. But what that means is that Mexico’s vicious one-party rule by the PRI (Institutional Revolutionary Party) may at last come to an end after many corrupt decades. What’s wrong with that? Why should such a fate cause our champions of “global democracy” to tremble?

We should look at the supposed nobility of Carlos Salinas in the same way we look at the other ersatz heroes served up to us by the establishment. How many Americans know, for example, that under Annex 602.3 of the Nafta treaty, the “free-market” Salinas government “reserves to itself” all exploration and use, all investment and provision, all refining and processing, all trade, transportation and distribution, of oil and natural gas? All private investment in and operation of oil and gas in Mexico, in other words, is to be prohibited. This is the government Americans have to sacrifice to preserve?

Most English and German conservatives are fully aware of the dangers of the Brussels-Maastricht Eurocracy. They understand that when the people and institutions whose existence is devoted to promoting statism suddenly come out for freedom, something is amiss. American conservatives and free-marketers should also be aware of the equivalent dangers of Nafta.