Stop the FTAA!  
     
 
 

America's Economic Decline

William F. Jasper examines the policies responsible for the decline of America's basic industries and the outsourcing of high-paying jobs. He then discusses what must be done to protect our economic base and national independence. (2004 JBS Tapes, 59 min.)

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Hear a sample of the pro-FTAA line

U.S. Secretary of Commerce Donald L. Evans addresses a gathering at the November 2003 Miami Summit of the Americas. His talk describes the economic and political benefits to flow from an FTAA agreement en route to a “unified hemisphere.” References to free markets, increased competition, greater democracy and freedom, improved property rights leading to increased prosperity for all are designed to appeal to most ears, particularly the conservative majority in America.

Editor’s comment: The pro-FTAA vision of free trade is merely deceptive bait for an audacious political power grab. Incredibly, even the bait is phony. Yes, freedom and property rights are the foundations of genuine prosperity. But what the FTAA offers is just the opposite: massive government regulation of virtually every aspect of human endeavor; and international socialismthe determined enemy of freedom and private property.

Prosperity does not flow from government programs. Nor does redistribution of America’s wealth through international lending agencies indicate respect for the rights of private property. Instead, such socialist attitudes support the rising burden of government that is killing American industry and driving our manufacturing abroad. In addition, FTAA sponsors quietly entice corporations to invest in nations otherwise hostile to private capital. They do so by instituting government-funded development programs (wealth transfers) and government investment insurance (backed by the American taxpayer).

The FTAA will not advance freedom, it threatens freedom. The FTAA is not win-win for the rich and poor nations of this hemisphere. Except for an elite few, all the peoples will ultimately lose.

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