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Tuesday, November 29, 2011

RE MEXICO CHINA THE MEXICO OR CHINA OR INDIA PRICE THE PRESIDENCY NAFTA AND YOU

Read a passage in China, Inc., and surprised to learn how Mexican illegal influx here is connected with loss by Mexico of many hundreds of thousands of sweats shop jobs to China in the past 10 years.


Remember NAFTA, A President Clinton baby?


All Presidents, virtually, have been for free globalizing trade, 
at least since FDR. 


Didn't matter which party, really.


WASTREL CAPITALISM


The US has been a jobs transfer union, Germany may become merely a currency one.


As a result, Mrs. Merkel is under increasing pressure from abroad to buoy the weaker states, facing accusations that she is risking the financial stability of the bloc and with it the world by endorsing only half-measures. At home, she faces sharp criticism for inching closer to what critics here call a transfer union, sending German funds to wastrel neighbors.

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