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Posts Tagged ‘Free Trade’

Israel and Russia to discuss Free Trade agreement

by Phantom Ace ( 2 Comments › )
Filed under Economy, Headlines, Israel, Russia at December 11th, 2013 - 12:21 am

The writing is on the wall with regards to the Israeli-American relationship. Obama is now publicly shunning Israel and making up with its arch-enemy Iran. Seeking new allies, Israel is now continuing its policies of recent years in reaching out to Russia. Both nations will now begin negotiations for a Free Trade agreement.

Israel and Russia will soon begin negotiations over a free-trade agreement aimed at significantly increasing the relatively paltry trade numbers between the two countries, government officials said Tuesday.

The agreement to begin negotiations on the matter was finalized last week at a meeting in Bali between Economy Minister Naftali Bennett and Russia’s Minister of Economic Development Alexey Ulyukaev.

[….]

Russia’s particular interest in trade with Israel is for hi-tech goods, while Israel is keen on breaking into the huge Russian market.

Israel is also interested in negotiating a free trade agreement with China, and the issue was raised during Prime Minister Binyamin Netanyahu’s visit there in May, though no date was set for starting negotiations.

The Israelis can’t rely on America and have to look for friends elsewhere. Can’t blame them for reaching out to Russia.

 

 

Karl Marx supported Free Trade

by Phantom Ace Comments Off on Karl Marx supported Free Trade
Filed under Communism, Progressives, Socialism, Special Report, Tranzis at May 1st, 2011 - 6:56 pm

Yesterday I did a thread showing that Free Trade and Globalization is Progressive in origins. The debate was civil and everyone brought their A game. Well Guggi brought this little nugget. Karl Marx supported Free Trade. His reasoning was because it would destroy the Nation State and create  brotherhood of workers.

We have shown what sort of brotherhood free trade begets between the different classes of one and the same nation. The brotherhood which free trade would establish between the nations of the Earth would hardly be more fraternal. To call cosmopolitan exploitation universal brotherhood is an idea that could only be engendered in the brain of the bourgeoisie. All the destructive phenomena which unlimited competition gives rise to within one country are reproduced in more gigantic proportions on the world market. We need not dwell any longer upon free trade sophisms on this subject, which are worth just as much as the arguments of our prize-winners Messrs. Hope, Morse, and Greg.

{….]

But, in general, the protective system of our day is conservative, while the free trade system is destructive. It breaks up old nationalities and pushes the antagonism of the proletariat and the bourgeoisie to the extreme point. In a word, the free trade system hastens the social revolution. It is in this revolutionary sense alone, gentlemen, that I vote in favor of free trade.

That great Free Trader Karl Marx! Amazing, many Conservative support a Marxist-Progressive idea. This is because many Conservative have bought the Progressive worldview without realizing. Free Trade is not a Conservative idea and to silence those who oppose it as not being Conservative is ridiculous. In reality Free Trade skeptics are taking the true Conservative position. Blind support of any idea is not good for any movement. Especially if evidence has shown that that idea has failed.  Why defend an idea supported on Karl Marx.

 

The Progressive roots of Free Trade and Globalization

by Phantom Ace ( 78 Comments › )
Filed under Barack Obama, Communism, Democratic Party, Economy, George W. Bush, Liberal Fascism, Progressives, Republican Party, Socialism, Special Report, Tranzis at April 30th, 2011 - 2:48 pm

Free Trade has become an article of faith among Conservatives. Many on the right are blind to the disaster unfettered Free Trade has done to America. Wages have declined, Manufacturing discriminated and America’s living standards have declined. I was under the impression Conservatism was concerned about the economic well being of the nation.

So it’s stuns me that many Conservatives view this as Conservatism. The truth is Free Trade is Progressives. Just like Conservatives have adopted Wilsonian Democracy spreading as their foreign policy, they have adopted another Progressive ideology as Conservative. Free Trade was promoted by none other than, Woodrow Wilson himself.

With the North winning the Civil War, Republican dominance was assured over the Democrats. Republicans continued to dominate American politics until around the early 20th century. President William McKinley stated the United States’ stance under the Republican Party as thus:

“Under free trade the trader is the master and the producer the slave. Protection is but the law of nature, the law of self-preservation, of self-development, of securing the highest and best destiny of the race of man. [It is said] that protection is immoral…. Why, if protection builds up and elevates 63,000,000 [the U.S. population] of people, the influence of those 63,000,000 of people elevates the rest of the world. We cannot take a step in the pathway of progress without benefiting mankind everywhere. Well, they say, ‘Buy where you can buy the cheapest’…. Of course, that applies to labor as to everything else. Let me give you a maxim that is a thousand times better than that, and it is the protection maxim: ‘Buy where you can pay the easiest.’ And that spot of earth is where labor wins its highest rewards.”

Southern Democrats gradually rebuilt their party, and allied themselves with Northern Progressives. They had many differences but both were staunchly opposed to the great corporate trusts that had built up, and Republican corruption was endemic.[citation needed] This marriage of convenience to face a common enemy reinvigorated the Democratic Party, which catapulted back into power. Northern Progressives sought free trade to undermine the power base of Republicans – Woodrow Wilson would admit as much in a speech to Congress. A brief resurgence by Republicans in the 1920s was disastrous for them. Woodrow Wilson’s ideological understudy[citation needed], Franklin Roosevelt, would essentially blame the Great Depression upon the protectionist policies exemplified by the previous Republican President,Herbert Hoover.

That’s right, Free Trade is a Leftist concept. It is part of the Left’s goal to implement a global Socialist state. Free Trade destroys small companies and empowers huge Corporate entities. These entities in turn make alliances with governments to keep competitors out of business. Hence the result of Free Trade is Bigger Government, something Conservatism used to opposed until The Bush years. In fact, the last real Conservative President, Ronald Reagan was no free trader!

When President Reagan imposed a 100 percent tariff on selected Japanese electronics in 1987, he and the press gave the impression that this was an act of desperation. Pictured was a long-forbearing president whose patience was exhausted by the recalcitrant and conniving Japanese. After trying for years to elicit some fairness out of them, went the story, the usually good-natured president had finally had enough.

When newspapers and television networks announced the tariffs, the media reminded the public that such restraints were imposed by a staunch free trader. The less-than-subtle message was that if “Free Trader” Ronald Reagan thought the tariff necessary, then Japan surely deserved it. After more than seven years in office, Ronald Reagan is still widely regarded as a devoted free trader. A typical reference is that of Mark Shields, a Washington Post columnist, to Reagan’s “blind devotion to the doctrine of free trade.”

If President Reagan has a devotion to free trade, it surely must be blind, because he has been off the mark most of the time. Only short memories and a refusal to believe one’s own eyes would account for the view that President Reagan is a free trader. Calling oneself a free trader is not the same thing as being a free trader. Nor does a free- trade position mean that the president, but not Congress, should have the power to impose trade sanctions. Instead, a president deserves the title of free trader only if his efforts demonstrate an attempt to remove trade barriers at home and prevent the imposition of new ones.

By this standard, the Reagan administration has failed to promote free trade. Ronald Reagan by his actions has become the most protectionist president since Herbert Hoover, the heavyweight champion of protectionists.

That’s right, Ronald Reagan was not a fanatical fan of Free Trade. He knew it lowered the wages and living standards of Americans. Reagan also knew that it destroys small business, empowers big government and sets the ground work for a Global regime. It actually promoted the goals of Marxists, Communists and Progressives he opposed. This is not a Conservative position, they believes in National sovereignty and economic opportunities for its citizens.

One myth the Free Trade crowd promotes is that Smoot-Hawley worsened the Great Depression. Well that is a total and outright lie. This myth was started by FDR, who was no Conservative and a Progressive. He created this talking point to discredit people opposed to the Leftist Free Trade ideology. It’s ironic that Conservatives who hate FDR, are repeating one of his lies!

The debate over free trade is riddled with myth after myth. One that keeps resurfacing, no matter how many times it is discredited, is the idea that protectionism caused the Great Depression. One occasionally even hears that this same protectionism — specifically, the Smoot-Hawley tariff of 1930 — was responsible in significant part for World War Two! This is nonsense dreamed up for propaganda purposes by free traders, and it can easily be debunked.

Let’s start by reminding ourselves of a basic fact: The Depression’s cause was monetary. The Federal Reserve had allowed the money supply to balloon excessively during the late 1920s, causing it to pile up in the stock market as a bubble. The Fed then panicked, miscalculated, and let the money supply collapse by a third by 1933, depriving the economy of the liquidity it needed to breathe. Trade had nothing to do with it.

The Smoot-Hawley tariff was simply too small a policy change to have so large an effect as triggering a depression. For a start, it applied to only about one-third of America’s trade: about 1.3 percent of our GDP. One point three percent! America’s average tariff on goods subject to tariff went from 44.6 to 53.2 percent — not a very big jump at all. America’s tariffs were higher in almost every year from 1821 to 1914. Our tariffs went up in 1861, 1864, 1890, and 1922 without producing global depressions, and the great recessions of 1873 and 1893 spread worldwide without needing the help of any tariff increases.

World trade did indeed decline, but this was due to the Depression itself, not higher American tariffs. This is no surprise, as declines in the values of the currencies of America’s major trading partners wiped away much of the effect of the tariff anyway.

Why many Conservatives don’t realize the damage Free Trade and Globalization has done to America is amazing. It has reduced our wages, living standards and national sovereignty. Globalization empowers International institutions ate the expense of the Nation State. This is a Progressive ideology and not far removed from what Marxists and Communists want.

This shows the extent of which Progressive ideas have infiltrated modern Conservative. In fact, the Modern Conservative movement and the Republican Party are actually Center-Left and resemble the 1950’s/1960’s Democrats. Where they diverge from the New Democrats is in their attitude for America. But the truth is both the Republicans and Democrats are Leftists. The GOP is Center-Left and the Democrats Far Left.

This puts people like me on the Right in a conundrum. If we don’t support the Republicans, then Tranzi American hating Democrats take power. But the Republicans are Leftists as well, but at least they don’t hate America. In the current situation, those of us on the Right should back the GOP in 2012 to get ride of Obama. But afterwards, we should start a New true Rightwing Party that believes in Fiscal responsibility, National Sovereignty, Border Security, Strong Dollar, Tax/Regulatory reform and a Jacksonian Western Hemispheric Economic interest based foreign policy. However first we must defeat Obama, then we should break off from the GOP and go our own way afterwards.

Free Trade and Globalism is not Conservative, it’s Progressive. Protectionism is not the solution, instead we need to implement policies that benefit America as a nation and not prove some academic theories , Multinational Corporations who support Global Socialism or empowering global institutions. We need real Conservative solutions, not Progressive masquerading as Conservative.

Another Example of Economic Elitism

by Phantom Ace ( 48 Comments › )
Filed under Economy at April 27th, 2009 - 8:25 am

If you want to see why the Right is in trouble, it is articles like this one. As is known the American IT industry has been decimated by India and China. Our companies no longer want high skilled American workers. Instead they want to outsource to India or enemies like China, or bring in more Indians and Chinese with the H-1B Visas. This has led to decreased wages and lower standard of living that has contributed to this economic crisis of course this Globalist/Free Trader doesn’t grasp this.

We Need an Immigration Stimulus

The pace of lower-skilled migration has slowed due to higher unemployment. This could make it less contentious to ease the path to legalization for the 12 million undocumented workers and their families in the U.S. It’s also a good time to ask why we turn away skilled workers, including the ones earning 60% of the advanced degrees in engineering at U.S. universities. It is worth pointing out the demographic shortfall: Immigrants are a smaller proportion of the U.S. population than in periods such as the late 1890s and 1910s, when immigrants gave the economy a jolt of growth.

Immigrants have had a disproportionate role in innovation and technology. Companies founded by immigrants include Yahoo, eBay and Google. Half of Silicon Valley start-ups were founded by immigrants, up from 25% a decade ago. Some 40% of patents in the U.S. are awarded to immigrants. A recent study by the Kauffman Foundation found that immigrants are 50% likelier to start businesses than natives. Immigrant-founded technology firms employ 450,000 workers in the U.S. And according to the National Venture Capital Association, immigrants have started one quarter of all U.S. venture-backed firms.

This is all BS. H-1 B visas lower wages and squeeze Native Born Americans out of Hi-Tech jobs. This leads to lack of native born which is dangerous. By doing this, this discourages Americans from getting involved in these industries.

I favor Immigration, but not the type that destroys the well being of Americans like the H-1B Visa program. Globalization has destroyed America, why keep going down a dead end path. We have plenty of talent here, let us use it!

Update:

Just for the record, I am NOT an Economic Conservative. I am Rightwing on National Security issues and Libertarian on Social Issues. I stand for the Traditional Judeo-Christian/Greco-Roman Culture of America/Europe/Latin America/Israel/Phillipines. However when it comes to economics, I stand with the Populist side of the economic debate. I support free markets but not Corporatism/Free Trade/Globalization. That is where I stand. I put National interests above Corporate interests.