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To: Victor Lazlo who wrote (134422)11/8/2001 2:41:32 PM
From: craig crawford  Respond to of 164684
 
Clinton's GOP Vanguard
buchanan.org

by Patrick J. Buchanan
November 23, 1994

GATT is the Magna Carta of the Multinationals. It subordinates everything, from U.S. sovereignty to social stability, to trade. GATT empowers transnational companies to shut down U.S. plants, move factories overseas, hire foreign workers at 10 percent of the U.S. pay, and ship their products back here.....What we gain as consumers, we lose as citizens...
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Because GATT is the non-negotiable demand of our financial elite. The men who write the big checks do not care a fig how you vote on abortion or school prayer, so long as you deliver on the bottom line. GATT is the payoff to the boardrooms for all those dinners, all those contributions, all those ads in party brochures.
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What we gain as consumers, we lose as citizens. Hourly and weekly wages in the U.S. have been falling for 20 years. In real dollars, they are 20 percent below where they were in 1972 -- down to levels we know in the '50's.
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All of us believe in free trade among the 50 states. Most of us believe in free trade among compatible economies: America, Canada, Britain, etc. But forcing American workers earning $15 an hour into dog-eat-dog competition for jobs with Asians earning 25 cents an hour is wrong; it is a formula for Asia's rise and America's fall.