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America, repeal trade agreements to survive
The Gazette Opinion Staff
Dec. 29, 2009 11:57 pm
Money only has value when it represents value added. Value is created when something is mined, harvested or manufactured. When money is used to buy services, it loses value with each transaction. A service society goes broke.
A society that has nothing and makes nothing has to import huge amounts of goods, thereby, sending away even greater amounts of its remaining value to pay for them.
The only short-term remedy for this situation is to infuse large quantities of value from someone that has a valuable currency, in the form of loans. The definition of “peonage” is to be enslaved by debt. Our country is being enslaved by our runaway industries. Why would our government permit us being put into such a vulnerable position? Who wanted NAFTA and CAFTA and all of the others trade agreements? The workers? No, not hardly. The rich and privileged? You bet. Those are the people who respect no country and no border. These people suckered Bill Clinton into pushing the NAFTA agreement into law.
A stipulation of that agreement states that no signatory nation can enact any legislation that either limits or cancels any part of the agreement. They made the U.S. Constitution second best.
I have a grandson serving in Afghanistan. If he has to risk his life to defend our country, I want our nation to be governed by the people, for the people, not governed by the elite, for the elite. We must repeal these terrible trade agreements. Our survival depends on it.
Dow Voss
Iowa City
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