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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 07:57 PM
Original message
Free Trade is a Failure

from EconomyInCrisis:





Universities in the United States produce some of the best economists, engineers, historians, scientists, and political theorists in the world. The quality of education up the high school level has fallen off precipitously in the past few decades, but for those who strive for higher education there is virtually no better place to do it than here in the U.S.

Unfortunately, while the brain trust of academia has largely been unable to breech the ivory tower that is Washington politics. Our politicians have to deal with issues on a daily basis that affect every sector of the economy, and ever sector of everyday life in America. Yet the vast majority of them are attorneys. Their professional training is in litigation; not civil engineering, economics, or hard sciences.

After sprinkling in a few medical doctors and former military service members, and a growing number of former corporate executives, you have accounted for nearly every elected official in our nation’s capital.

It is no wonder why our politicians seem to constantly come up on the short end of international diplomatic and economic negotiations. When a ministerial conference is conveyed in Beijing, or Sydney, or Doha, nations from around the world send their top academic minds – after deputizing them into the political system in some way. The United States, meanwhile, sends Ivy League law graduates and a cohort with a lifetime of experience in fundraising and campaigning. ...........(more)

The complete piece is at: http://economyincrisis.org/content/free-trade-failure



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Sarah Ibarruri Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 08:25 PM
Response to Original message
1. FREE TRADE is yet another tool to further enrich the mega-rich at OUR expense
That's all it is. NOTHING ELSE.
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roamer65 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 08:34 PM
Response to Original message
2. Free trade = laissez-faire capitalism.
Edited on Sat Aug-06-11 08:34 PM by roamer65
Perot was right about that big sucking sound.
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krispos42 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 08:38 PM
Response to Original message
3. "The Myth of Free Trade" by Dr. Ravi Batra. 1990
He nailed it, two decades ago.
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bvar22 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 08:43 PM
Response to Original message
4. Duh.
Edited on Sat Aug-06-11 08:43 PM by bvar22
All anyone has to do is just look around.

The ONLY people STILL trying to sell "Free Trade" are those that are In On the SCAM,
and even "they" KNOW they are lying.

http://www.youtube.com/watch?v=_LtbLEKHsi0&NR=1


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stevedeshazer Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 09:31 PM
Response to Original message
5. Free trade isn't free.
There's a bumper sticker for ya.

+1
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AlabamaLibrul Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 09:35 PM
Response to Original message
6. Not to worry because Obama wants new trade agreements with new countries
After looking forward, not backward on NAFTA, we can all rest assured they will be highly progressive trade agreements.
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Rex Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 09:36 PM
Response to Original message
7. Predatory capitalism brought us to the dance.
Free trade is bullshit in a fixed market.
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