Posted on 13 October 2011. Tags: Barack Obama, Colombia, Labor Rights, Panama, South Korea, Trade, Wages
It’s a full-time job–actually, five full-time jobs–to keep track of how the economic elites screw working people. Just when everyone is excited–rightly so–about the demonstrations breaking out all over the country, in the back door slides more horror: Congress prepared Wednesday to pass free-trade agreements with South Korea, Colombia and Panama, showing unusual bipartisan […]
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Posted in General Interest
Posted on 26 April 2011. Tags: China, Currencies, Environment, Obsession, Oil, Paul Krugman, The Dollar, Trade, Wal-Mart
For all of those people who criticize empire and for those out there who correctly worry about the unequal distribution of economic power, come close and absorb another truth: the obsession around keeping the dollar high is not healthy. In fact, a lower dollar would be better for most of us–and for the environment… […]
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Posted in General Interest
Posted on 20 November 2009. Tags: "Free Trade", Barack Obama, Mike Michaud, Progressives, South Korea, Trade
Let’s go back in history briefly to the 1990s. In 1993, Bill Clinton pushed through NAFTA, over the objection of a large number of Democrats, with a large number of Republicans joining with the Democratic president to get NAFTA through the House (The Senate has always been far more receptive to so-called "free trade"). […]
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Posted in General Interest
Posted on 06 November 2009. Tags: Democrats, Kendrick Meek, Senate, Trade, TRADE Act
This was from a few days ago in Congress Daily (it’s a subscription only publication): The fallout from a decision by Rep. Kendrick Meek, D-Fla., to take his name off of a union-backed trade bill continues to roil his 2010 Senate bid. Meek on Oct. 15 signed on as a co-sponsor to legislation sponsored […]
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Posted in General Interest
Posted on 30 September 2009. Tags: Barack Obama, Doha Round, Financial Regulation, Trade, World Trade Organization
The G-20 meeting in Pittsburgh provided what those meetings usually provide–rhetoric and not much chance. I wanted to highlight one point from the president’s press conference there: Q: Thank you, Mr. President. Let me ask you, while we were inside this very safe and secure and beautiful convention center, some 5,000 at least demonstrators […]
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Posted in General Interest
Posted on 15 September 2009. Tags: Barack Obama, China, Steelworkers, Tires, Trade
In our newest installment of false choices, from The Wall Street Journal: President Barack Obama’s decision to side with the United Steelworkers and impose temporary tariffs on Chinese car tires implies a potentially costly trade-off for the administration, trade and political experts said. In the near term, the move should consolidate the support of […]
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Posted in General Interest
Posted on 30 June 2009. Tags: 2009, Barack Obama, Climate Change, Energy, Rules, Trade
Last week, I wrote about the energy bill and passages that impose penalties on countries that violate the bill. The president thinks this is "protectionism": “At a time when the economy worldwide is still deep in recession and we’ve seen a significant drop in global trade,” Mr. Obama said, “I think we have to […]
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Posted in General Interest
Posted on 26 June 2009. Tags: Climate Change, Energy, Eyes On Trade, Lori Wallach, Mike Michaud, Sherrod Brown, Trade, TRADE Act
Trade and climate change are closely connected issues. Think just about the carbon emissions of planes and ships traversing the globe carrying stuff that we consume. I’ll come back to that in a sec. Yesterday, Rep. Mike Michaud of Maine introduced the House version of the TRADE Act; the Senate’s sponsor is Sherrod […]
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Posted in General Interest
Posted on 24 June 2009. Tags: "Free Trade", Bush Administration, Carol Guiterrez, CNBC, Trade
Yesterday, I was back doing the hard stuff…not in the drinking area (though, actually, I did have a bit of Glenlivet later in the day). No, the hard stuff is trying to have an intelligent conversation with anyone associated with the so-called "free trade" wing of the world. In this case, I was asked […]
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Posted in General Interest
Posted on 03 June 2009. Tags: Bankruptcy, Financial Crisis, General Motors, Middle Class, Single Payer, Trade, UAW
As I noted yesterday in connection with the bankruptcy of General Motors, I am in favor of spending money on trying to save peoples’ jobs–we are talking about the survival of communities and the lives of thousands of people. But, having now spent the morning reading various media reports about the GM bankruptcy, it’s […]
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Posted in General Interest