Thursday, October 14, 2010
U.S. Is in a Trade War, Whether It Likes It or Not
Bravo, Sen. Hollings, again!
But will Congress or the President ever act if it's not in their political self-interest? Isn't campaign finance reform our #1 priority if we want to persuade politicians not to act exclusively on behalf of corporations engaged in offshoring?
How do we persuade voters to demand repeal of the corporate tax, and replacement with a 5% VAT? I agree with you, but how do ever get there?
How do we convince politicians that the pro free-trade counsel they receive day after day from clowns like Larry Summers, and so many other economists sheltered in ivory towers is a recipe for continued economic tragedy in the U.S.?
I'm sorry to say it, but I think real action on trade is a long, long way off. First, we need to prevent corporations from anonymously influencing political discourse. Then, we might find ourselves with a slightly better informed electorate. Second, we need campaign finance reform so that the politicians we elect based on their promises aren't thoroughly bought and turned against us by corporations.
Keep writing, Senator! We're listening.
Read the Article at HuffingtonPost