Tag Archives: NAFTA

The Plutocrats Have Sold Out the Middle Class Through “Free Trade”

plutocracy

In Citizens United vs. Federal Election Commission, the Supreme Court ruled that corporations are equivalent to people, and thus have the same first amendment rights including free speech. Several rulings have also stated that money is equal to speech and that any attempt to abridge those rights (for example, the McCain-Feingold law, which limited campaign donations) is a violation of the Constitution. This disastrous decision has paved the way for companies that care more about overseas profits than America.

Jobs Report Shows that U.S. Economy Still Struggling

no jobs

The U.S. economy gained fewer jobs than expected last month, by only 209,000 jobs. This is roughly 90,000 fewer than the month of June. The official employment rate was 6.2 percent, up 0.1 percent over last month. Real unemployment though, is much higher once we include those the government conveniently fails to include in their unemployment numbers. If we include the long time unemployed, those who have given up finding work and those who are underemployed, real unemployment remains around 23 percent.

Water Shut-Offs Continue in Detroit

Water shutoff

Water officials in Detroit began an aggressive shut off campaign in March, disconnecting 500 customers that month. More than 3,000 people lost service in April and about 4,500 more in May. Detroit’s water system serves about 700,000 city residents and 4 million people in southeastern Michigan, but the city-owned water system has about $6 billion in debt that’s covered by bill payments. As of July 1, more than $89 million was owed on nearly 92,000 past-due residential and commercial accounts.

American Manufacturing Just Can’t Compete

manufacturing7

Our “free trade” policies have allowed other countries to use unfair tactics to put our industries out of business. Theoretically these nations are committed to opening their markets to our goods – but they are not as foolish as we are to allow that to happen in an uncontrolled way.

Disastrous “Free Trade” Negotiations Being Made in Secret

Secret Negotiations

We’ve already witnessed how harmful “free trade” can be. Under the North American “Free Trade” Agreement (NAFTA) and the Korean ­ U.S. “Free Trade” agreement (KORUS) we’ve seen massive job losses, the decimation of entire industries, soaring national debt, alarming trade deficits, a flood of dangerous imports into our markets and more. We’re even beginning to see a rise in urban decay as businesses close down in big cities, like Detroit, for lack of jobs and the shrinking tax ­base.

Powered by WordPress | Designed by: diet | Thanks to lasik, online colleges and seo