The CAFTA Bill recently passed the House Of Representatives by a slim two vote margin. Bush must be really proud of himself, he lobbied extensively for passage of this piece of legislative insanity. So now thanks to the crossover democrats, who should have known better, who overcame the renegade Republicansd who voted agaisnt the Bill, to their credit, we now have more of what should be obvious by now is never going to work. More free trade. Meaning, of course, cheaper goods made from near slave labor overseas, while American companies move their production facilities offshore in order to take advantage of the cheap labor, the less strident if at all existent regulations, and a far friendlier tax structure.
In fact, these crumb bums would have all ready wrecked the country by now were it not for the influx of foreign companies that have taken up the slack in providing American jobs and quality goods. But they can only do so much. And is the situation really that benign after all? In addition to buying up American businesses and properties, they are also in the business now of buying up our debt. Not to worry, most experts say, but who can help it?
And of course, there will soon be more of an influx of cheap foreign labor, which is all ready out of control, to further drive down the labor market in this country, which is all ready on life support. The long term effect of all this is that we may, eventually, become a Third World country. In fact, we are all ready on our way there.
I predict that eventually, the world economy will be dominated by two main competitors. The first of these will doubtless be the EU, the second will be an alliance of India, China, Russia, Brazil, Iran, and probably Japan and possibly a reunified Korea. Our country will by then be dominated by the EU, and we will be a third rate power at best. However, if the trade rivalry ever escalates into a full scale war-and you almost have to assume it eventually would-then it will still be the United States that will be on the front lines, doing the vast majority of the heavy fighting, suffering the heaviest casualties, and bearing the greatest expense. Once it's all over with, the EU, provided it wins the war, will be left over to pick up the pieces. What they hell, by this time they will have longed owned us, remember. Of course, it's possible that we might not win.
But whether we win or we lose-we lose.
