Trading Our Future: Tax Cheating and the Panama Free Trade Agreement

Submitted by Cherokee Girl on July 19, 2011 - 10:58pm

Confused about our Trade policies? Haven't had the time to read up on NAFTA? Here's your chance. Dylan Ratigan has done a fantastic job of explaining. This exposes another one of Obama's tricks. Following are some excerpts from Dylan's article.

"Here’s how the State Department described the Panamanian economy in 2006 in a secret memo revealed on Wikileaks:

"The Panamanian “incorporation regime ensures secrecy, avoids taxes,and shields assets from the enforcement of legal judgments. Along with its sophisticated banking services, Panama remains an environment conducive to laundering the proceeds from criminal activity and creates a vulnerability to terrorist financing.”

Panama is too small as an economy to really impact jobs in the United States, the real value of the FTA is strategic and has to do with American geopolitical aims. For the business community, Panama is a great place to hide their money.

The agreements Congress and the President are pushing continue this unfortunate trend. What unfettered capital wants is to avoid taxes, regulations, or any state power whatsoever. And that’s what this Panama deal is really about."

Read the full article on DylanRatigan.com.

Regarding all three trade agreements on the table, Dylan's guests really do a great job explaining in this video from the show today.

And finally, please sign the petition at Ralph Nader's site Public Citizen to make your voice heard that this is not what we voted for.

Comments

Submitted by ed2291 on July 19, 2011 - 11:18pm.

It is hard to keep up with Obama treachery!

Though it is hard to keep up with Obama treachery, thank you very much Cherokee Girl for trying.

On NAFTA, don't forget Obama leaving the country after the disastrous 2010 elections to secure NAFTA agreements with South Korea and India.

On the Obama DOJ prosecuting whistle blowers check this out for the latest unjust prosecution. In this area he is clearly worse than Bush. This is in addition to Manning, DeChristopher, and Drake. (See my below blog on this website "Whistle Blowers under Obama.")

Submitted by Cherokee Girl on July 20, 2011 - 11:48am.

It is indeed

And I'm not even digging for it. Every day I find something out just by chance that he is doing to betray us. Every single day! That's why I've decided that Obots are no different than Baggers except one's racist. They are both tools for the corporate machine, just like Obama.

There are some hopeful updates on that page / petition at Demand Progress. It does matter when we raise a ruckus. To me the DOJ and the Interior are the worst agencies under Obama so far, but the others are following close behind in the incompetence / sell out department. Sad.

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