Free trade accord made with South Korea to sell out American worker

[Fayadi]

@Fayadi

Yes , it would be a silly agreement if such a statement was not in there, but there is language in the treaty that addresses "removing barriers that unequally disadvantage US autos" and as well getting rid of that differential tax treatment.

It helps, occasionally, to read what's been passed rather than speculating on it.

Well, South Korea is a signatory member of World Trade Organisation since 1995. WTO agreements have these kind of statements too. But still the results is that imported cars makes a small percentage of Korean auto-market. (that 5% figure might be outdated but in either case, any visitor going to Korea will rarely see imported cars)

I am currently a part-time law student and I have been taught that laws/treaties with vague statements/meanings/wordings are very difficult to enforce. It is in my belief that more precise language should be used in laws/treaties for the loophole to be corrected. It is true that I haven't read the treaty. But since one of the important feature about the FTA is about auto tarriff and nothing has been mentioned how the US side is going to tackle the big loophole why Korea is importing so few cars; I am quite baffled actually. Is not my intention to ridicule Americans. I like America

 

[SS-18 ICBM]

I am currently a part-time law student and I have been taught that laws/treaties with vague statements/meanings/wordings are very difficult to enforce. It is in my belief that more precise language should be used in laws/treaties for the loophole to be corrected.

Such vague language is probably the only thing allowing the signing of such controversial agreements in the first place.

 

[innonimatu]

Wait. Stop the press. I mean thread. Stop the thread. I just realized something.

Hasn't "eliminating competition" been the goal of Evil Corporations since Day One?? Ever since the days of the company town and the monopoly??? And now, suddenly, more competition is a bad thing. Help! I can't make up my mind!!

Which is it, folks? Is competition a good thing or a bad thing? Or heaven forbid, maybe it's neither??? Pick one or the other or the other-other, folks, you can't have your cake and eat it and throw it at people too...

It's not too hard to see that if competition must be artifically created, it's a waste of resources. Of course it's a bad thing under those circumstances.

Monopoly power is the problem, not the technical aspects (economies of scale, etc) of monopoly. "Anti-trust" is the alleged capitalist fix for monopoly power. Not only does it fail often, it's also often wasteful.

 

[Incodcito]

http://www.nytimes.com/2010/12/04/business/global/04trade.html?_r=1&hp

Lets send more American jobs overseas.

... you are a weird communist.

 

[Dachs]

Maybe he's just not an internationalist. "Workers in the immediate vicinity of Rutgers, unite!"

 

[amadeus]

Workers Unite for a White South Africa!

 

[Incodcito]

Maybe he's just not an internationalist. "Workers in the immediate vicinity of Rutgers, unite!"

Perhaps her name is Benita.