Has the Free Trade Trap - trap you in the global economic arena

Free Trade is economic insanity

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This editorial cartoon by Ray Tapajna was first

published in 1994. Pres Bush was added in 2001 and Pres Obama in 2008

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.......  When did Free Trade begin, is the first question to ask all our political leaders and all media channels.  ( Keep asking this question and the follow up question should be  - Who said we had to compete like this with one another for the same jobs in a global economic arena. )

The U.S. Federal Government sponsored the moving of factories outside the USA starting in 1956. It was supposed to be a temporary program but it never ended.

It evolved into the Maquiladora factory program in Mexico using impoverished workers to make goods for the USA.

From there it evolved into so called Free Trade which is not really trade. All discussions should begin with this fact.

By 1992, more than U.S. factories were moved to Mexico alone. After President Clinton pushed the passage of NAFTA and GATT trade agreements, the number of factories moved to Mexico quickly doubled to more than 4000. Soon after that President Clinton rushed $20 billion dollars to Mexico to save the peso and bail out the Mexican economy. He also funneled more money to Mexico through some international money funds. So in essence, the first stimulus package was given to a foreign nation.

None of this stop the tide of Mexican workers flooding into the U.S. seeking economic survival. ( Someone should have told Pres. Bush that were jobs in Mexico that Mexican workers would not take. )

Before Perot, Sir James Goldsmith sounded the alarm for years. He wrote the book The Trap. Manuel Castell who wrote several books about Globalization, forecasted most of everything that has happened due to Free Trade and Globalization. All of this happened from ten to twenty years ago. Free Trade has a long history of failures.

No one seems to want to talk about the fact that Free Trade can not be compared to any trading in the past since it is primarily based on moving production from place to place for the sake of cheaper labor.

Our economy based on making money on money instead of making things has burned out because of this. One of the major tangible values which acts as a money standard has been deflated to a point where it impacted all the money products which were the main money standards of our times. Printing images on paper and calling it money requires alot of manipulations to add value to it. Globalist Free Traders and Investors are finding out that in cutting the value of labor and workers, the value of paper money is affected too.

If you want a chronical of events behind our current economic crisis, you can start at Tapart News and Art that Talks by Ray Tapajna. The chronical goes back to the early 1990s and many of the published letters could be re-published today and know one would be able to tell the difference in time.

See http://tapsearch.com/tapartnews/  
Explore the lost worlds in the globalist Flat World at
http://tapsearch.com/flatworld/  
See also http://tapsearch.com/clinton  
http://tapearch.com/backfire  
http://www.bizarrepolitics.com/obama-cart-before-horse-economy  
http://www.bizarrepolitics.com/cart-before-the-horse-economy  and note series of reviews of Alan Greenspan's book The Age of Turbulence

The real question of our times is this:
Who said we had to compete like this with one another for the same jobs in a global economic arena ?

And note too, President Clinton actually enjoyed a massive stimulus package. It was the y2k crisis. Greenspan says in his book that billions if not trillions were poured into fixing the y2k problems causing an artificial economy. And note that the y2k crisis was the result of more than a million workers losing their jobs in the computer industry due to so called Free Trade.