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Politics : Politics for Pros- moderated

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To: Rambi who wrote (211946)	7/13/2007 6:21:35 PM
From: Bill Ulrich	Read Replies (2) of 793990

re: definitions >>"He (R. Paul) differentiates between isolationism and non-intervention, which seems to be how he defines himself."<< He's correct in that differentiation, and also correct in defining trade under the auspices of the WTO and like organizations as "managed, not free, trade" (his own terminology). However, he equates the bugaboo of managed trade as tantamount to the EU ruling Capitol Hill. The gist I get from his ronpaullibrary.com and ronpaul2008.com sites is that he envisions the world marketplace as a sort of ... "farmers' market" where you simply walk down the street and pay Joey Bushelobeets two bucks for his basket o' goods. That worked reasonably well in the past -- like the Molasses/Rum/Slaves triangle a few years ago. Myopic in this millenium, IMO. The best "free trade" marketplace is ... a managed one. That is, if one agrees that a marketplace with one/few manager(s) is more efficient than being overseen by 180 different, independent managers.

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