(UPDATED 101211) HOUSE COMMITTEE GIVES THE NOD TO 3 FREE TRADE AGREEMENTS

THAT GIANT SUCKING SOUND YOU HEAR WILL BE MORE JOBS HEADING SOUTH..... CLICK THE PIC FOR THE STORY

I am highlighting this because I remember when the last free trade agreement was made and I remember what happened………If memory serves, when NAFTA (North American Free Trade Agreement) was signed, everyone in DC said that it would prove to be a boom to business here in the USA.  Well, it really didn’t work out that way.  Seems to me, it worked out great for everyone EXCEPT the USA.  The next thing we saw was the tail lights of our manufacturing base heading south of the border, and now they want to extend that into Central America in what is called CAFTA (Central American Free Trade Agreement).  It is my opinion that this is just more bad decision making from DC when we cannot stand another hit like we took with NAFTA.  If this happens, I just don’t see how corporations are going to be lulled back into the States to rebuild the jobs lost when they left to begin with.  Now they will build factories all the way down through Central America.  How does that help the US Workers?  It seems by this article that they are more concerned about the workers in Columbia.  Why would that be, other than the obvious?   The logic is supposed to be that we care about the poor workers of the indigenous companies in those countries covered by CAFTA, but could it be that when US companies move their operations down there, they don’t want the bad PR associated with worker mistreatment?  Gee, could be…..  These agreements in my opinion should not happen.  I predict we will suffer for it, not benefit………

UPDATE 101211

This plan has passed the House.  It is expected to pass the Senate easily.  I predict  more US industry heading south….Say goodbye to more jobs!

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