FINAL WARNING: Ready to Spring the Trap
The highly skilled, well-paying positions have gone to Mexico, while
low-paying, low-skilled jobs have been created in the United States.
This stems from the fact that the raw materials and parts are exported
to Mexico, assembled, then imported back into the country at a far
greater value. Rep. Peter DeFazio (D-OR) said: “There’s also a
conspiracy of silence on the part of the Republican leadership in
Congress who provided the votes needed to pass this turkey.”In 1848, Karl Marx said: “Free trade breaks up old nationalities ... in a
word, the free trade system hastens social revolution.” Henry
Kissinger said that NAFTA represented “the most creative step toward
a New World Order.”The General Agreement on Tariffs and Trade (GATT) came into
existence in 1947 as the overseer of the multilateral trading system. It
was an instrument of the United Nations. On January 1, 1995 the World
Trade Organization (WTO), the descendant of the proposed
International Trade Organization (1948) and Organization for Trade
Cooperation (1954), replaced GATT, presenting a new agreement
which included “GATT 1994.” During the 1940’s and 1950’s the
Congress and the country was not ready to have their economic
authority transferred to international control. In 1958, Sen. George
Malone of Nevada said: “The global theory of free trade is siphoning
off America’s wealth and bringing her economy to the level of others.
The theory is displacing American workers who otherwise would be
employed.”“GATT 1994” was a document consisting of 22,000 pages of
information, tariff schedules, rules and regulations; and 650 pages of
enabling legislation. Based on its size, how many of our legislators do
you think read every word of this trade agreement; and based on its
complexity, if it was read– was it understood?It is the only international agreement which sets the global rules for
world trade, and provides for the mediation of disputes, which is
argued by many to be the best way to open up foreign markets to U.S.
exports, because protectionist countries, as well as the U.S. would
have to lower their tariffs (producing a loss in revenue), to create an
even playing field. However, critics familiar with its contents say that it
will succeed in seriously damaging our national sovereignty and