Wednesday, October 15, 2008

FREE TRADE

I have been a Republican all my life but, I will never vote for another Free Trading Politician of either party, who wants to FREE TRADE with any third world country. Where the wages are 1/40th of the wages paid to American workers.

I call this the destruction of America.

I believe in FREE TRADE AGREEMENTS, but only with countries that have a comparable wage scale as America. Countries like Canada, England, France, Germany, Japan and America should have their own Free Trade Agreement, that's the way it use to be when America was great.

All the Republicans have pushed this Free Trading Idea since the 1980. But, they could not pass these free trade agreements because most of the Democrats did not believe in free trade with all third world countries.

Now your asking yourself why free trade is so bad. Well the answer is NO it is a great idea if you Free Trade with countries that have similar wage rates and benefits, like Canada, England, France, Germany Japan and America.

Here is why Free Trade with Third World Countries can never work:

The first time one of these large International Companies close one American factory and moves the manufacturing operation to China to save company manufacturing cost, every one of the other American manufacturing companies must also do the exact same thing to compete.

This is a never ending process, where America in time will loss it's entire manufacturing base to the lowest paying third world country, which is now China.

There is an ever big reason why we must get out of these free trade agreements and that is because China is a communist country that twenty-five years ago the American Government wouldn't permit any American company to even sell them a computer.

Look at China now; they make nearly every item sold in America. But, make no mistake about it China is still a communistic country.

What the HELL are we to do about that?

Do you know what they call a country that has no manufacturing base and they have no control over it's currency when it starts to fall; " They call that a Third World Country". Watch the U.S. DOLLAR and you're going to see America in crisis, one after another.

From 1994 to 2007, net manufacturing employment has declined by 3,654,000 jobs during this period.

Are the American people going to wait till America go into a total collapse?

Fanny Mae and Freddy Mac are two Large Financial Mortgage Bank that handles about 5.2 Trillion Dollars worth of America Home Mortgage Companies that are also backed up by the faith and good will of the American Government.

I watch the Stock Market everyday and nearly all our Large Financial Banks are going Bankrupt. Everyday they talk about another Financial Bank or Institution that goes into default.

Seventy percent of the American people think we are going down the wrong track.

So, trust me... America has some rough times ahead for sure.

Contributor: Jackie