Bipartisan Congressional Agreement Shafts American Workers Again

Globalization

After the great "Sucking Sound" - a phrase coined by Ross Perot to predict the outcome of  NAFTA - then WTO and more, and now with this new round of free trade globalization agreements, the American labor force has been sold out again by an equal opportunity political system.

The Congress has approved the free trade agreements between the United States and South Korea, Colombia, and Panama. The deals are designed to open markets and reduce tariffs. However, while everyone stands around arguing about the impact on the American worker, the "globalcorps" will once again emerge the big winners.

It is true that "free" trade agreements have winners and they are primarily businesses, and their employees to a lesser extent, that can immediately compete in foreign trade. Well, of course, the big banks seem to always benefit. Then again that's why they spend the "big political bucks". Want to know why "Occupy Wall Street" is really happening? Try to find many politicians standing up for the recent college graduates or the blue and gray collar workers. Over time, as we now know, free trade agreements forces the American worker to reduce his wages or lose his job altogether in a slow motion bleed.

Here again Big Corporate Media sells the winners and never the losers.

CBS Evening News

Congress has passed a landmark free trade agreement with South Korea, Colombia and Panama. Nancy Cordes takes a look at the effect the deals will have and why it took years to get them passed.

Why "Free" Trade Deals Don't Work As Promised. Dlyan Ratigan and David Stockman Discuss

Visit msnbc.com for breaking news, world news, and news about the economy

 


 

bobby jennings is co-publisher of InnerSelf Publications and webmaster of InnerSelf.com. Originally a Democrat for many years, he moved to the Republican party in the mid 1980's and the Green Party in 2000. He now supports common sense initiatives from all parties and votes independently in the general elections. He supports small efficient honest government, government managed capitalism, an independent judiciary, religious tolerance, as well as social and economic justice. He is an ex-Army officer and retired small business owner. He best describes himself as a now extinct "Eisenhower Republican".


 

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