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Strategies & Market Trends : Commodities - The Coming Bull Market
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To: maceng2 who wrote (1109)3/16/2002 6:16:43 PM
From: craig crawford  Read Replies (1) of 1643
 
>> I not totally against trade barriers. If the USA steel tariff was immediately invested in upgrading the USA steel industry to make it really competitive world wide, then yes that would be good for everyone <<

i don't believe the failure of almost three dozen steel firms and 350,000 jobs lost has anything to do with a lack of efficiency on our part. i think the problem rests squarely on the shoulders of our trading partners who are dumping steel at below market prices. i believe it is about unfair competition, not a lack of efficiency.

>> will also conspire to do bad things because individual nations do not want to form an effective UN and WTO <<

i should hope not. i don't want an effective UN. i find it interesting that just a sentence or two before that you said, "The bureaucrats take over, politics gets mixed in, and all conspire to make a royal mess of everything"

the UN and WTO are just the bureaucracies you spoke of which are seeking to take over. politics will get mixed in, and they will make a mess of everything. the UN and WTO are not the answer, they are part of the problem. we have come to one of the best reasons to be against free trade as it is being pursued today. free trade leads to global governance. the united states government has grown oppressive enough as it is -- the last thing freedom loving people should desire is an even larger authority breathing down our necks.
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