Archive for the ‘panama free trade agreement’ tag
No Panama Free Trade Agreement
People should know by now that there is no such thing as a “free market” or “free trade”. While I accept that markets are the best way for society to organize commerce and &c. That doesn’t mean those markets go unregulated or poorly regulated.
Over at Joe’s Union Review he’s asking for some help….
Your help is needed! During this time of economic downturn and continuing job losses, we need to reiterate our opposition to trade deals left over from the Bush Administration, such as the Panama Free Trade Agreement (FTA). The Panama FTA is modeled after the North American Free Trade Agreement (NAFTA) and Central American Free Trade Agreement (CAFTA) and should not be approved by Congress. Congress should not continue the Bush legacy of bad trade agreements, which cost jobs and hurt families.
We especially should not enter into a trade agreement with Panama, a country known as a tax haven for multinational corporations. A Government Accountability Office study identified Panama as one of eight countries listed on all the major tax haven watchdog lists. A trade agreement with Panama only perpetuates the use of this country as a tax haven and a money laundering center.
There’s an e-Action that you can take part in here.


