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Why such urgency to pass CAFTA? It likely isn't so much about the passage of CAFTA as it is about its possible NON-passage. Too many people, for various reasons, are standing in the way of "progress". A defeat of CAFTA would send an encouraging message to the opponents of globalism.
Free Trade and globalism aside, there is a trade war looming.
While Congress rumbles about possible tarrifs on China-made products, Japan announces it will levy a tariff of 15% on American steel industry imports to Japan.
{sidebar id=1}Japan says it will stop short of actually implementing the tarrifs if our Congress repeals the October 2000 anti-dumping legislation called the Byrd amendment. The World Trade Organization already ruled in January, 2003, that the Byrd amendment was unlawful. Because the U.S. did not already repleal this "rogue" legislation, the European Union, Japan and six other countries won the right to impose economic sanctions against the U.S.
What's wrong with this picture? Foreign nations and/or the WTO have no business dicating to the U.S. regarding our own legislation, period. Forty years ago, this would have caused a rebellion; today it barely elicits a loud yawn.
George W. Bush and his fellow globalists pulled out all the stops to gain passage of CAFTA. If CAFTA had failed, it would have clearly demonstrated that had lost control of their plans for our absorption into the global system.
Question: Should the WTO have the right to declare any part of U.S. legislation illegal?
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