Obamatrade Is Obamacare
Remember this phrase? “If you like your present health care plan, you can keep it.”
The President is not even pretending to allow any freedom of choice with ObamaTrade, aka the Trans-Pacific Partnership.
ObamaTrade is to trade what ObamaCare is to medical care: a bureaucratic monstrosity.
It is 5,544 pages long — 3,500 pages longer than ObamaCare. This is a 5,544-page hunting license for unelected, tenured international bureaucrats to bring lawsuits against American companies.
It does not take 5,544 pages of legalize written by international lawyer-bureaucrats to obtain free trade. What it takes is for legislatures to reduce tariffs and import quotas. That is all it has ever taken: a willingness of politicians to stop passing laws that insulate inefficient domestic producers from foreign competitors who better satisfy the demand of residents of a nation. This is what I wrote in 1969. I have not changed my mind.
All it takes is for the government to stop hiring customs agents with badges and guns to tell citizens that they have to pay a discriminatory sales tax to buy something from across a national border.
ObamaTrade is the surrender of national sovereignty on a scale that is mind-boggling. If passed, it means the end of the free market.
Am I exaggerating? How could I? I have high-salary internal lawyers making the case for me.
Read the TPP’s Preamble. The United States Constitution has a Preamble. ObamaTrade’s Preamble negates the Constitution’s.
Note: the spelling is British, not American. This pretty well says it all. The American lawyers and bureaucrats who negotiated this deal know who is on top. It is not the United States of America.
This deal is the handwork of the New World Order and the multinational corporations that run it. With this deal, the NWO will get inside the national governments as never before. This is a massive surrender of national sovereignty.
ESTABLISH a comprehensive regional agreement that promotes economic integration to liberalise trade and investment, bring economic growth and social benefits, create new opportunities for workers and businesses, contribute to raising living standards, benefit consumers, reduce poverty and promote sustainable growth;
STRENGTHEN the bonds of friendship and cooperation between them and their peoples;
BUILD on their respective rights and obligations under the Marrakesh Agreement Establishing the World Trade Organization;
RECOGNISE the differences in their levels of development and diversity of economies;
STRENGTHEN the competitiveness of their businesses in global markets and enhance the competitiveness of their economies by promoting opportunities for businesses, including promoting the development and strengthening of regional supply chains;
SUPPORT the growth and development of micro, small and medium-sized enterprises by enhancing their ability to participate in and benefit from the opportunities created by this Agreement;
ESTABLISH a predictable legal and commercial framework for trade and investment through mutually advantageous rules;
(For the rest of this monstrosity, click the link.)
Read more on www.garynorth.com
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