Thursday, November 08, 2007

Hillary backs Bill's NAFTA..votes for Peru NAFTA...

From David Sirota:

http://commonsense.ourfuture.org/breaking_clinton_announces_support_nafta_expansion

BREAKING: Clinton Announces Support for NAFTA Expansion

By David Sirota
Campaign for America's Future, 11/8/07

Under intense pressure from Sen. John Edwards (D) and a building
national fair trade movement, Sen. Hillary Clinton tonight finally
disclosed her position on a bill to expand the NAFTA trade model that
passed the U.S. House today and is moving to the Senate. Reuters is
reporting that Clinton says she will vote for the Peru Free Trade
Agreement - the first agreement in a package of agreements to vastly
expand the NAFTA trade model. Clinton is citing the Peru deal's labor
standards as justification for her support, despite the fact that the
U.S. Chamber of Commerce has told reporters it has recieved
"assurances" that those labor standards are "unenforceable."

The announcement comes on the same day the New York Times reports
that Clinton is being endorsed by NAFTA architect Robert Rubin, the
CEO of Citigroup - a company that stands to benefit from the NAFTA
model. Rubin's announcement came with a promise to raise Clinton more
money from Wall Street.

With Obama also supporting the lobbyist-written Peru agreement,
Clinton's announcement is a huge opening for Edwards, who has made
opposition to NAFTA-style trade agreements a centerpiece of his
campaign. As my nationally syndicated newspaper column out tomorrow
details, trade and globalization is taking center stage in the 2008
presidential campaign. Clinton's announcement will now specifically
make job-killing, wage-destroying NAFTA-style trade policy a
flashpoint in the race for the White House.

Wrap...

2 comments:

RightDemocrat said...

I agree. Free trade has been a disaster. Every expansion of free trade has increased the massive trade deficit. We have a falling dollar thanks to this self-destructive policy.

Watch 'n Wait said...

rightdemocrat...Just infuriates me that they're now wanting to add 3 more South American countries to this idiocy. And yes..about as self-destructive as can be.