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Don't Kid Yourself

for Blog For America
Don’t kid yourselves. If you think Bush’s lower-than-my-laces ratings portend victory for Democrats, that’s what Rove wants you to think. Bush shoplifted Ohio (and New Mexico and Iowa and…) see, he doesn’t need your vote. And he doesn’t count your vote, either. The Rove-bots are preparing next year’s model (probably Good Doctor Frist) and will load the bad vibes on to the lame duck and the lame Dick.

China Floats, America SinksYuan Kicks Dollar Butt by Rejecting "Free Market"

In case you haven’t the least idea what the heck it means for China to “float” its currency, let me put it in the language we economists use: China’s float don’t mean squat.
Yet our President, a guy whose marks in Economics 101 are too embarrassing to publish here, ran out to hail the fact that buying Chinese money will now cost more dollars.

The WTO's Hidden Agenda

By Greg Palast
LONDON — Three confidential documents from inside the World Trade Organization Secretariat and a group of captains of London finance, who call themselves the “British Invisibles,” reveal the extraordinary secret entanglement of industry with government in designing European and American proposals for radical pro-business changes in WTO rules.

GATS Got His Tongue

(Note to American readers: Replace the words “Trade Minister Dick Caborn” with the words, “US Trade Representative” – whose assurances about the WTO are virtually interchangeable with European ministers’ happy-talk…)
Britain’s Trade Minister Dick Caborn does nothing all day and that keeps him very, very busy. Caborn is busy reassuring his nation that nothing in the proposed General Agreement on Trade in Services (GATS) threatens Britain’s environmental regulations. Nothing in GATS permits American corporate powers to overturn safety and health regulations.