FINAL WARNING: Ready to Spring the Trap
independence. Proponents disagree, saying that any country can
withdraw from membership after giving a six month notice. As one of
the 146 member nations, the United States would only have one vote,
yet it would have to pay nearly 25% of the cost. The GATT agreement
would have the power to force Congress to change laws by declaring
them to be “protectionist” (WTO Charter, Article 16, Section 4), and if
we don’t comply, we would be subject to trade sanctions.
Financier, Sir James Goldsmith, a member of the European Parliament,
said in his testimony before Congress, that GATT would “cause a
global social upheaval the likes of which Karl Marx never envisioned.”
The October 24, 1994 issue of Barron’s, indicated that the WTO is a de
facto world government. William Holder, deputy general counsel of the
UN’s International Monetary Fund, said that the WTO is a de jure (by
law) world government. In all actuality, this legislation is a Treaty, and
as such, should have required approval by two-thirds of the Senate;
instead, it was considered a Trade Agreement, which only required a
majority vote.
Even though, during the midterm elections of November, 1994, the
country overwhelmingly voted to change the course our country has
taken, GATT was still brought to a vote during the lame duck session
of the 103rd Congress and passed, rather than waiting for the
Republican-majority Congress that was elected. Some opponents
believe, that if the vote had been postponed, it may never have been
ratified, at least, in its present form, But that was unlikely, since its
passage was a bipartisan effort spearheaded by a group of key
Republicans lead by Majority leader, Sen. Bob Dole of Kansas, and
Speaker of the House Rep. Newt Gingrich of Georgia (a member of the
CFR); and conservative think-tanks like the Heritage Foundation and
the American Enterprise Institute.
The question looms before us as to whether we are actually better off
as a country now, compared to the way we were prior to the initiation
of everything that has been outlined in this book. I think the answer is
a resounding “No!” Right now, the world is a very volatile place–
hostilities in foreign countries are threatening, the world economy is
teetering, and democracy hangs in the balance, as a handful of men
patiently wait for a few more pieces of the puzzle to fall into place, so