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Years ago, the world's corporate elite lusted over the wealth generated by the American economy. So, they devised the concept of globalization and created multi-national 'free-trade' packs such as NAFTA, WTO and GATS, which allowed them access to our markets to partake of our wealth. Originally, it was done under the guise of restoring war-torn Europe and Asia, but these countries are now more than able to compete on their own without the help of "free-trade". But, yet these packs are still in play today, growing in number and power to the detriment of the American people.



Most Americans are aware of the economic devastation that the "free-trade" packs are doing to our country. Disloyal corporate heads are displacing hundreds of thousand American workers and replacing them with imported cheap foreign labor or exporting their good paying jobs to countries with pools of near-slave labor. Most of these Americans are then relegated to sub par jobs with their families in desperate straits. Some are even left homeless, living in their cars.

Many of America's brightest young people are bypassing college (men in particular) because of the massive number of high tech and science jobs being sent overseas or filled here with cheap foreign graduates. It is heartbreaking to think of what could have been for many Americans if not for the evaporating opportunities brought about by globalization.



The formally great United States is being deindustrialized by globalization. Since 1978, 14,449 US companies have been sold to foreign buyers for a total acquisition amount of $1,777,738,035,222. These American industries couldn't compete with the cheap goods protected by "free-trade" that were flooding US markets and as a result they failed and were bought up by the foreign firms with their profits from their US sales. How many products stamped "made in America" have you seen lately in the stores? Ramifications include our cities being eroded by the mass exodus of their industrial base and our dependence on the rest of the world for our many needed goods, which has national security implications.



But it's even more crucial for Americans to become aware that these "free-trade" packs are also undermining American sovereignty. In the case of the WTO, Congress is prohibited from passing legislation that violates its bylaws. In other words, our agreement with the WTO curtails what laws Congress is allowed to pass concerning US industrial policies. The WTO is fixed so that each member country has only one vote with no veto powers for anyone. Even though the United States is the benefactor, it only has equal footing with every developing country with cheap goods to dump on our markets.



