America Is Being Terribly Deceived and Misled
America is being deceived by the false and misleading promises of “free trade” and our economy is collapsing because of it!
“Free trade” is a proven disaster. “Free trade” is unrestricted and uncontrolled access to our economy by foreign countries who may produce goods at wage rates as low as $2 to $4 per hour and ship them into America tariff-free. We cannot compete with these wage rates. This is causing many of our industries to become uncompetitive and to shut down or sell out.
As a result, a group of our large companies have undeservingly become extremely profitable, at the country’s expense, through outsourcing their manufacturing to these low wage countries. This is making these companies and their owners millionaires and billionaires while our internal productive capabilities disintegrate and our middle class evaporates. Examples of this sort of company are Walmart and GE. The Walton family itself is worth much, much more than the combined wealth of 100 million Americans put together.
It’s obvious that our leaders are not only permitting the damaging effects of “free trade,” they are encouraging it!
When President Obama was campaigning in the primaries in 2008 against Hilary Clinton, he promised he would get us out of our disastrous NAFTA “free trade” agreement. Not only has he not made good on that promise, after President Obama won the election, he pushed for and supported even more “free trade” agreements like the Korean-U.S. Free Trade Agreement (KORUS). It is estimated that KORUS will go on to devastate our remaining auto industry. It has already been projected that there will be about 159,000 jobs lost due to this particular agreement. Also, our ability to control our international trade, banking and finance arrangements have become limited and restricted due to KORUS.
Under KORUS, more jobs will be exported. This agreement will even grant South Korea the ability to challenge U.S. laws, including our wage laws! KORUS will also be able to facilitate takeovers of U.S. companies by Korean companies with their now huge, earned, balance-of-trade surplus.
There will be limitations on the inspection of Korean beef imports. And, there will be nothing in KORUS to prevent the currency manipulating practices of South Korea, which presently prevail.
On top of KORUS, President Obama is now also supporting the Trans-Pacific Partnership (TPP)! This unneeded and counterproductive new “free trade” agreement is secretly being negotiated behind closed doors.
Our system is clearly not working when the interests of the American people are not being promoted by our elected officials. Unfortunately, we have no way of replacing leaders who deceive us like President Obama is, and as other leaders, like George Bush deceived us in the past with the Iraq war. We can only bring to light these deceptive practices and continue to speak out against them and the “free trade” agreements that are destroying our economy and hope that this information will inspire a peaceful rebellion and give cause for a vote of no confidence like England has or if nothing else shorten the term limits of presidents and senators.
As we watch our country descend from being a rich, productive, self supporting country to an unproductive one, heavily indebted and forced to exist on imports – this in a matter of only 20 years – we must realize we can’t continue like this. We must either make changes quickly to reverse this condition or resign ourselves to a much lower standard of living and the possibility of the nation breaking up if we continue in this direction much longer.
Let your congressional representative know we must stop “free trade” now, please send this article to ten of your friends and ask them to do the same