FREE TRADERS OPPOSE OBAMA’S
“Free Trade” isn’t free when it costs U.S. jobs & sovereignty
KOREAN TRADE DEAL!
President Obama is playing political hardball with U.S. sovereignty.
Obama is counting heavily on Republicans to cross party lines to deliver him a major political victory by passing his NAFTA with Korea - because most of his own party opposes it.
Opposition is gaining among conservative Republican free traders who now realize that KORUS is not a true free-trade agreement.
TOP TEN REASONS
Why Even FREE TRADERS Oppose
Obama’s Trade Deal
1 Undermines U.S. sovereignty
in favor of UN & World Bank tribunals & international law.
2. Violates U.S. Constitution
by circumventing Congressional authority regarding appropriation of U.S. tax dollars.
3. State legislators oppose
because it undermines State’s sovereignty.
4. Negotiated with expedited Executive authority
& Congress is banned from amending or fully debating it.
5. Kills almost 160,000 U.S. jobs
& encourages offshoring by multi-national corporations.
6. Favors powerful multi-national corporations
over U.S. small business even when bidding for government contracts.
7. Not real “free trade” - benefits Korea much more than U.S. & increases U.S. trade deficit by $16.7 billion
8. Allows unsafe food
into U.S. without inspection.
9. Sends U.S. dollars into NORTH Korea
& strengthens Chinese leverage against us.
10. Immigration - throws open U.S. doors to Korea.
Ron Paul: “A Sneaky Form of International Preemption of U.S. Sovereignty”
WHAT CONSERVATIVES ARE SAYING
ABOUT OBAMA'S KOREAN TRADE DEAL:
“This pact is a sneaky form of international preemption, undermining the critical checks and balances and freedoms established by the U.S. Constitution’s reservation of many rights to the people or state or government…[it] sets up foreign tribunals to which the United States must submit for judgment. We urge you to oppose President Obama’s Korea Agreement.
--Rep. Ron Paul (R-TX) & Rep. Walter Jones (R-NC)
Son of NAFTA: Wall Street vs. Middle America Has Nothing to do with FREE trade:
letter to colleagues.
“Enter here Wall Street moguls, multi-national corporate elites, and some very naïve politicians who embrace anything labeled as “free trade”—even if the legislation defies truth in labeling logic.
“The Korea Free Trade Agreement has nothing to do with free or fair trade. It’s managed trade as defined in over a thousand pages filled with favors and exceptions for some special interests, while imposing obligations and restrictions on the beleaguered American manufacturing sector.
“Middle America had “Obamacare” forced upon them via “fast track” provisions that limit debate in Congress. Insiders, including most of the Republican establishment, are working with the White House to do the same with this Son of NAFTA deal. This time however, the outcome could be very different.
--Columnist Peter Gemma, Middle American News
Worse Than NAFTA or China Deals:
President Obama’s pursuit of free trade with South Korea evidently assumes that, if at first you don’t succeed, try the same failed approach again and again. In fact, this latest attempt to promote American growth and employment by opening long-closed foreign markets to U.S. goods and services is even less excusable than pacts like NAFTA or the numerous trade expansion deals with China.
--Alan Tonelson, U.S Business & Industry Council, representing nearly 2,000 small-and-medium-sized companies in the U.S.
It’s NOT Free Trade & Only a Moron Would Sign It:
“Have you seen what’s happened recently with the trade pact with South Korea?” said Trump. “They ask us to sign something that only a moron would sign…. I listen to these people saying, ‘Oh, that’s going to hurt free trade.’ What’s ‘free trade’ when a country has imbalances of hundreds and hundreds of billions of dollars…?”
--Donald Trump on MSNBC’s “Morning Joe”
Union Bosses Support It Even Though Will Cost Jobs of Their Membership
“The newest thing on the radar is the US-Korean Trade Agreement. Now, the members of the unions are against it, the leadership is for it…it’s gonna cost America 160,000 jobs if we implement this agreement with Korea.”
--Clint Didier (R-WA),Palin-endorsed Senate candidate on FoxNews.
A Trap to Entangle Us in Korea
“The bottom line is that the Korea Free Trade Act is a trap. Instead of promoting fair, free trade, it legitimizes special advantages for politically connected corporations and undermines our national sovereignty. …is not so much concerned with free trade as it is in further entangling us in Korea's affairs.”
--Michael C. Tuggle on the IntellectualConservative.com
Offshoring Agreements Masquerading as ‘Free’ Trade:
“The Korea Free Trade Agreement is a terrible idea. America’s past trade agreements, from NAFTA on down, have produced larger deficits for the U. S. not smaller ones. These agreements are really offshoring agreements designed to make it easier for American corporations to produce abroad for the American market.”
--Ian Fletcher, U.S. Business & Industry Council
President Obama’s NAFTA-Style Trade Deal with Korea is Bad for America
President Obama says that his NAFTA-style trade pact with Korea is about increasing exports for U.S. firms.
But if that were the real purpose, the pact would require ONLY one sentence:
“Tariffs on trade between the U.S. and Korean shall be immediately eliminated.”
Instead, the agreement, written by unelected trade bureaucrats, spans 1,000 pages of rules and regulations to which every state and the federal government are required to conform our laws and policies.
History of the U.S. –Korea Foreign Trade Agreement (“KORUS”)
President Obama is waging an all-out push for passage of a
foreign trade agreement (FTA) with South Korea. He is expected to submit
to Congress for approval in January or February 2011.
original language of KORUS was negotiated during the Bush
administration, and signed in 2007 by the White House representative and
Korea. Most of the text is literally identical to NAFTA.
a majority of American across party lines oppose more NAFTA-style deal,
the agreement was so politically hot that President Bush never even
bothered sending it to Congress for approval.
December 2010, President Obama negotiated some limited changes to the
KORUS automobile trade terms that he hopes is enough to silence some of
the long-standing opposition so he can rush through “fast-track” passage of the deal.