Re: [Dems2008] Hillary and trade

David Gergen Confirms Clinton Didn't Back NAFTA


By Jeralyn, Section Elections 2008
Posted on Wed Feb 27, 2008 at 10:42:48 PM EST
Tags: Hillary Clinton, 2008, NAFTA (all tags) Share This:

David Gergen, former advisor to President Bill Clinton confirms to CNN that Hillary Clinton did not support NAFTA:

http://www.talkleft.com/story/2008/2/27/234248/348

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These are a few lines by Bill Clinton about the agreement Hillary
supported so strongly to sell our future on the cheap. I love how
Hillary battled for the rights of Americas future on this one and it
turned out so well.To give you an idea our trade deficit to CHINA
alone for the month of January is -20,312,790,000 dollars. WAY TO GO
HILLARY!

This was pushed through at the end of Hillary's last stint in the
white house. By the end of her next reign the new dollar bill will be
a five Euro note.

Without further ado Bill Clinton endorsing the Hillary trade plan:

This agreement addresses those concerns and as a result, no agreement
on WTO accession has ever contained stronger measures to strengthen
guarantees of fair trade. Among these guarantees is a
"product-specific" safeguard that allows us to take measures focused
directly on China in case of an import surge that threatens a
particular industry. This protection remains in effect a full 12 years
after China enters the WTO and is stronger and more targeted relief
than that provided under our current Section 201 law.

The agreement also provides strong protections against dumping. China
agreed that for 15 years after its accession to the WTO, the United
States may employ special methods, designed for non-market economies,
to counteract dumping.

And it will require China to demolish a set of policies designed to
draw jobs and investment away from the United States and other
countries. For the first time, Americans will have a means, accepted
under the WTO rules, to combat such measures as forced technology
transfer, mandated offsets, local content requirements, and other
practices intended to drain jobs and technology away from the United
States. As a result, we will be able to export to China from home,
rather than seeing companies forced to set up factories in China in
order to sell products there.

Wow were we sold a bill of goods.





















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