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Twenty Years of NAFTA Sucking Sound

batr.org / James Hall – January 8, 2014

Ah, what a better world the Free Traders built. With the rush to the bottom, the commemoration of the NAFTA 20th anniversary is a most hollow celebration. Those who have a memory of an actual economic prosperity, lament that H. Ross Perot’s warnings were ignored. Business literates urged the public to elect Perot as President. Establishment corporatist interests and corruptacrat officials joined forces to write a blueprint for economic consolidation and political futility. The fruits of this endeavor only satisfy the appetites of the select cabal of manipulation.

Heed well the undeniable results.

On The Issues, provides valuable resources. In their section, Ross Perot on Free Trade, the perceptive Texan foretold the future in his NAFTA summary.

“NAFTA is really less about trade than it is about investment. Its principal goal is to protect US companies and investors operating in Mexico. The text of the agreement is contained in two volumes covering more than 1,100 pages. The text is mind-numbingly dull. Large portions of it are written in the type of obscure legal terms found on the back of an insurance policy. Buried in the fine print are provisions that will give away American jobs and radically reduce the sovereignty of the US.

[When the Mexican media announced NAFTA, they] did not identify the tiny handful of people in Mexico who would gain the most from this trade pact. They are the 36 businessmen who own Mexico’s 39 largest conglomerates. Collectively, their companies control 54% of Mexico’s Gross National Product. These companies dominate virtually every sector of the Mexican economy of any consequence. When the Mexican government sold off big chunks of Mexico’s state-run companies in the late 1980s and early 1990s, this tiny handful of people quickly acquired control.”

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