"They illustrate why, as Jagdish Bhagwati has reminded us all, FTAs should in fact be referred to as PTAs: "preferential trade areas."
Now they are quoting this ass clown like his knows something we don't.
Yesterday, Jagdish Bhagwati was this hinkiest of them all, as CSPAN, or BOOKNOTES (i forget which) broadcasted his lecture in Greenwitch, Conn, regarding his new book: "In Defense of Free Trade". And now, we are seeing this guy quoted everywhere in the WSJ, and in other places that hold high the Free Trade banner, as american workers are generally being ASSED OUT.
It's horse shit. The enlightened, internationalists who have been jamming the world view that America needs to uplift the suffering masses of the world by offshoring everything that bright business minds (and all those surplus MBAs who learned to look in the back of the books to the answers first, before the questions arise) can think to send to some small town where single mothers can fill the warehouse to sodder circuit boards in 16 hour shifts for a fraction of what a union worker in the US needs to keep the child support flowing to the wife who kicked his ass out for buying that bass boat instead of taking the kids to Disney that year.
Here is Jagdish, flapping his mouth about uplifting people in far away places, sharing the wealth, and doing something about the misery in far away places, like Fat assed Sally Struthers on latenight TV talking about Feeding the Children. And we are wondering why the hell most people grand parents got on a boat, and suffered to get to America if their great grand children were going to let this government of numb nut red neck hypocrits like Bloated Bill and his Joker faced wife sign the NAFTA in exchange for the grease from major corporations. Why would an America vote for people who make regulations and laws they export entire industries for the sake of higher profits for the Corporations who grease their campaigns? Why would we choose to do what these unfortunate economies own governments choose to avoid doing? Why should transfer industry and wealth from out shores and send it to places that have made a perfect fucking mess of themselves?
The fact is, this capital flight to cheap labor is profitable. No matter what Jagdish says through his wide smile that reminds us of Peter Sellers in "The Party" and his colloquialisms (like referring to James Bond movies where the character "Jaws" won't die, and neither will Protectionism), and his quoting Adam Smith on how people in rich nations will snore through the suffering of 1 million dead in China. No matter what, I don't think we should race to change things abroad when things are so shitter here, where the consumers consume all that cheap shit Walmart trucks in from China on non-union rigs.
Jagdish was running his mouth about a lot of shit someone who never mopped a floor would. Meanwhile, we are propping up countries labor forces with 6 dollar per hour jobs and video tapes of Friends to help them get the Limey out of their voices when they ask Americans to pay their bills, or buy a buying packages for 9 dollars per month to make our public companies profitable. So let's get is straight Jagdish. Most of these countries we are propping up with our "Free Trade" (give me a fucking break) can't even give Untouchables a half a fucking chance at a good life.
So let's take the Save the Children images out of the picture. It is not poor children living near the dump in Mexico verses fat American union families. Obesity in America is not really an arguement for Americans to give away jobs to thin workers in broke ass places whose leaders rob everything and build nothing for these thin folks. It's just entertainment that is not all that entertaining, unless you need to get rid of some guilt in Greenwitch, Conn by listening to Peter Sellers crack jokes about your fellow Americans. The issue is corporate profit, which does not really address where the profit goes after it is clocked from the cheap labor in places only Jagdish can pronounce well. Bernie Ebbers can't even tell you where the profit goes (although Scott Sullivan did a pretty good job when he sang in exchange for less time in the can). Here they are, the Fortune 500, making record profits PIMPING labor all over the world, and pocketing much of the savings. And here is hinky Jagdish, finding economist's reasons why it makes sense, beyond the robber barron motivations.
He's a real Untouchable.
