Economy in Crisis - A short while ago the World Trade Organization adopted the first worldwide trade reform in its history. The agreement means the WTO will introduce new standards for customs checks and border procedures. This is just another example of how the U.S. has given over their sovereignty to the WTO. Now unelected bureaucrats can make and pass trade agreements, without any Senator or Representative having any say in the matter.
It’s time for the United States to wave goodbye to this group of unelected bureaucrats who think they can dictate our national trade policies. Allowing them this authority is unconstitutional anyway because the U.S. Constitution specifically gives Congress the power “to regulate commerce with foreign nations.”
The WTO is based on the one-country, one-vote pattern. That means the United States has no veto and only one vote out of 153 nations, the same vote as Cuba or Grenada or Rwanda. The WTO’s Dispute Settlement Board deliberates and votes in secret, decides trade disputes, and cannot be vetoed by any nation.
Many rulings of the WTO supersede national laws, covering many aspects of society that affect us all – including food safety standards and environmental standards. Unfortunately this means our leaders have effectively surrendered our economic sovereignty to the WTO at the expense of the health, safety, and financial security of U.S. citizens.
Clearly our involvement with the WTO is preventing the recovery of our economy. The U.S. has already lost enough due to our damaging treaty with that biased organization. There is still time to amend or leave the WTO. If the United States is to enjoy economic prosperity in the future, our leaders must do one or the other.
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