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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: D. Long who wrote (211966)	7/13/2007 4:02:57 PM
From: goldworldnet	Read Replies (1) \| Respond to of 793991

The WTO was only formed in January of 1995. Obviously trade was accomplished beforehand. * * *

To: D. Long who wrote (211966)	7/13/2007 4:10:03 PM
From: Rambi	Read Replies (1) \| Respond to of 793991

Thank you. I see what you are saying, but don't know enough to know whether it's accurate or not- by that, I mean whether "free" trade is possible as he explains it. He seems to be saying that international trade agreements like NAFTA, WTO, etc, undermine our sovereignty, that it allows other countries to force taxes on us and gives them power over us. I have no idea about any of it, so you give me a place to start asking.

To: D. Long who wrote (211966)	7/13/2007 5:24:07 PM
From: Bill Ulrich	Respond to of 793991

His (Ron Paul's) weakness is confusing free trade and sovereignty concepts. One thing that really set him off was the 2004 tax bill repealing Foreign Sales Corporation (FSC) tax credits. To him, it was "a French Socialist", EU Trade Commissioner Pascal Lamy, dictating to Congress our domestic tax policies. This is where he picks up his "loss of sovereignty" rhetoric. He's confused here because it's not really EU dictating to Congress -- not a loss of sovereignty. We don't have to abide by WTO obligations if we're happier to live with the economic sanctions imposed as a consequence. That said, it's "more fair" (and manageable) at a global level to have a set of uniform sanctions, rather than a wildly, all-over-the-map set of them imposed by individual countries (for all-over-the-map accompanying reasons), as likey would be sans WTO.