Reply With Quote
Cheaper Cigars!
LinkBush Signs CAFTA Into Law
Signing Caps Bruising Battle, Close Vote
WASHINGTON -- President George W. Bush signed one of his administration's top priorities Tuesday, the Central American Free Trade Agreement.
The deal removes trade barriers with six countries and was narrowly approved by the House last week after a furious final round of lobbying by the administration.
The agreement, with Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and the Dominican Republic, removes trade barriers and opens up the region to U.S. goods and services.
It also takes steps to facilitate investment in the area and strengthens protections for intellectual property.
<</SNIP>>
Great, just what we need, even more cheap made goods for Walmart and less American Jobs.
Cheaper Cigars!
How about the fact that those countries are dictatorships and fascist leftists?
All of GWs big talk about "liberation" and "freedom" I guess doesnt apply when his political financers want cheap goods from broke countries.
Hypocrit. And that goes for all politicians.
Do you want to pay $200 for a pair of jeans?
LOL
I dont buy "designer" clothes.
well, if we didn't have globalization and free trade, then even wal mart jeans would be like $200..
They will buy U.S. Goods too. Sorry but you can't use the "it's about job's duh" slogan anymore cause Dubya's economy is smokin hot.. more people .. lower income too own there own home. Jimmy Carter and him building a couple house.. Bush "Need some wood" get done baby....
I buy my jeans at Wal-Mart.
Don't own any "Tommy" or "Sean Jean" and don't plan on it either.
I ain't paying $75 for a pair of jeans that are already torn!!!
WTF is up with that. I ain't no label ho!
HOw bout the fact that you missed the whole point of free trade with Central America.. To offset any chineese influence creeping up on us in that part of the world. We have a huge trade imbalance with china. we need to fight them economically because in reality they are our #2 threat.
I applaud Bush for having the juevos to get this passed.
Compe ion is a good thing.
i read alotta stupid things
Which countries are you refering too exactly?
I believe most of the Central American countries' governments are elected democratically.
About time the US turns its focus on its own back yard. Those countries are in need of any kind of trade help.
Now here you have a point.
Free trade is good - as are free trade agreements. Hopefully this is just one step towards more free trade.
Is that why the dollar is getting its ass kicked on the international market?
oops...my bad. Thought it was South American. I retract my statement. Except the hypocrit comment...that stays.
well the economy is fine and unemployment is at 5% while inflation is not running rampant while still maintaining low interest rates. so other than that...
yeah its smokin..
not really
more like 40 or 50
Well gtown, since you again are using White House propaganda, then let me ask you: did you know the national unemployment percentage only factors in those who receive unemployment checks, and you can no longer receive unemployment if you pull in $15,000 a year - which is way below the poverty line.
Now, let's look at the dollar on the international market. The Bank of Korea has threatened to close its investment of the dollar because how weak it is on the international market. Chinese currency is stronger than American right now. I don't see how that cons utes a "smokin'" economy. Japanese and Taiwanese bankers are holding onto the dollar, but only because they have so much invested. They are urging the American government to raise taxes, because the deficit we are running ($6 trillion ) is killing the dollar. If the dollar's value continues to fall, then the interest rates will go sky-high.
As far as this home ownership, that's a result of low interest rates. Low interest rates are a result of few people buying (which was the case in 2001-2003). That's all well and good, but a vast majority of new home owners have done so on floating rate mortgages. What does this mean? Well, if the dollar continues to drop internationally, and interest rates rise, those people won't own those homes any longer. It's smoke and mirrors.
Wrong again, Oh Dark One. Even in South America, the majority of the governments, if not all, were elected democratically.
Yeah but thank the CIA for that smeagol...remember...they are the ones that overthrow governments down there...as you guys like to remind us often.
Oh and the dollars decline boosted American exports and cut into Europe and China's market. It didn't hurt us. It made American goods more attractive to outside markets. IE it created jobs....which was the main reason it was allowed to decline. It's also going to make them attractive to our new Central American trading partners.
Look there are a lot of things you can rip the Right on...particularly domestic agenda...but in terms foreign policy, and this includes financially...they have their together much better than the left...and they always have. All this international crap that gets blamed on the right is more often than not the fault of the left(due to passivity).
Like nuclear proliferation in the mideast and Asia(it was that Clinton that did that you know), the spread of radical Islam in the mideast...etc.
One can argue about the reasons or long term health of the economy, but one cannot deny the fact it has been growing at a solid pace for the last couple of years. Not while keeping a straight face anyway.
dollar is coming back against the euro.. no other currencies are even worth mentioning...
50 bucks for jeans you'd buy at wal mart... target would be like 70 or 80... sheeyat.. i wouldn't pay that for rustlers..
Britain was wise to keep the Pound Stirling.
Should have bought more of those offshore stock funds back when the Euro was around $0.82. (Does it piss anyone else off that there is no "cent" key on a standard keyboard?)
did you read your whole link idiot?
American companies have long faced trade barriers in Central America, while that region exported freely to America.
The agreement, with Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and the Dominican Republic, removes trade barriers and opens up the region to U.S. goods and services.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
