Showing posts with label Sovereignty. Show all posts
Showing posts with label Sovereignty. Show all posts

Wednesday, September 14, 2011

"This outrageous affront to our national sovereignty..."

"This outrageous affront to our national sovereignty was of course predictable when we joined the WTO.  During congressional debates we were assured that entry into the organization posed no threat to our sovereignty.  A well-known libertarian think tank, where you might expect some skepticism of a supra-national bureaucracy managing trade, offered us this rosy description: "The WTO's dispute settlement mechanism helps nations resolve trade disputes without resorting to costly trade wars.  The system relies on voluntary compliance and does not compromise national sovereignty."  That was nonsense.  A Congressional Research Service report was quite clear about the consequences of our membership: "As a member of the WTO, the United States does commit to act in accordance with the rules of the multi-lateral body.  It is legally obligated to insure that national laws do not conflict with WTO rules."

The WTO has given us the worst of both worlds:  we've sacrificed national sovereignty by changing our domestic laws at the behest of an international body, yet we still face trade wars over a variety of products.  If anything, the WTO makes trade relations worse by providing our foreign competitors with a collective means to attack U.S. trade interests." -Page 98 of The Revolution, A Manifesto

Wednesday, September 7, 2011

"To establish genuine free trade, no such transfer of power..."

"To establish genuine free trade, no such transfer of power is necessary.  True free trade does not require treaties or agreements between governments.  On the contrary, true freed trade occurs in the absence of government intervention in the free flow of goods across borders.  Organizations like the WTO and NAFTA represent government-managed trade schemes, not free trade.  The WTO, purported to exist to lower tariffs, is actually the agency that grants permission for tariffs to be applied when complaints of dumping are levied.  Government-managed trade is inherently political, meaning that politicians and bureaucrats determine who wins and loses in the marketplace. 

Granting quasi-governmental international bodies the power to make decisions about American trade rules compromises American sovereignty in dangerous and unacceptable ways."  -Pages 96 & 97 of The Revolution, A Manifesto