You buy things till your wallet is empty. So you raid the savings account to buy more stuff. Then you get a loan, and buy more stuff. Another loan, another, you keep buying stuff... Finally you're selling off the tools you had used to make a living. That's where the country is now because of the huge imbalance in our trade relationships. more »
Tragically, the government of Colombia exhibits the behavior of an addict. And, just as regrettably, the United States is co-dependent, so addicted to so called free trade that it plans to award Colombia an agreement based solely on promises.
Addicts always promise. They’ll stop, they pledge. more »
Tea Party members hate Wall Street bailouts, trade deals like NAFTA, job outsourcing, giant corporations buying laws, government spending, and elites telling the rest of us what to do. more »
In my column last week, I praised the Obama team for suggesting they see the political and policy danger of backing President Bush's proposed NAFTA expansion into Colombia - a country with one of the worst human rights records in the world. But now I see this little tidbit from Inside U.S. Trade: more »
Glenn Greenwald long ago taught us why we should always look skeptically at the fact-free prognostications of the Washington Post's Steve Pearlstein. more »
With this week's reemergence of globalization and trade as major 2008 campaign issues, we thought it as good a time as any to launch our regular report on globalization, helping you sort through what is too often an esoteric and inaccessible discourse on one of the most important set of issue more »
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