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A fast death for Fast Track was achieved on June 30, 2007. But
the crazy scientists in Congress and the Administration are plotting to
take the cells from the cadaver and bring it back to life. It
could again be the unthinking, stumbling zombie ploughing ahead for
only one goal - new trade agreements blinded to the destruction they
cause.
The newest old ideas are to expand Burial Insurance -
euphemistically known as Trade Adjustment Assistance. When stupid
trade agreements produce breathtaking trade deficits and a Niagara
Falls rush of jobs to other countries, real people with families lose
their jobs when a balanced and smart trade policy would actually
produce more jobs.
So expansion of Burial Insurance, which
has been since from the 1960's, is proposed by Senators Baucus (D MT)
and Snowe (R ME) as part of a deal to mollify and distract us.
Nevermind that good trade regulation would combine with market
forces to benefit the U.S., if we preserved balanced trade, sovereignty
and the ability to apply domestic regulation to imports. With
Burial Insurance, we continue careening towards second-rate-country
status and increase the taxpayer burden to pay off tens of thousands of
people who are annually the victim of multinational-lobbyist driven
trade stupidity.
There is even a coalition working for Burial Insurance - The Trade Adjustment Assistance Coalition. The Washington Post,
which wrties about the new Burial Insurance push today, says the
Coalition is a nonprofit coalition, only. But the article does
not mention that Sen. Max Baucus, Sen. Norman Coleman, Rep. Phil
English, and Rep. Adam Smith are the founders. (The famous
Scottish Adam Smith of times past would turnover in his grave if he
knew of our trade policy and imbalances).
The solution continues
to be halting new trade agreements until a re-evaluation can occur to
design a new trade model not based on NAFTA.
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