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In reply to the discussion: Meet the Father of Free Trade. [View all]cascadiance
(19,537 posts)46. But did he take away tariffs that protected industry using Americans to build products?
NOOO!!!!!!!
Unfortunately today's Republikans and Korporate Demokrats feel that this is necessary in "today's global economy", but it is just their code words to pay back their Korporate donors to provide them bottoms to race to.
We just fuel the world with increased demand based on us using huge personal debt (NOT government debt) to keep the global economy functioning. Without this debt, the world economy would be in worse collapse (especially our country) than it was before the earlier Republican depression (as they used to call it before it was revised to be called the "great" depression later).
We are headed for worse disasters when personal debt demand collapses, much like the housing market triggered an earlier start to this collapse when debt bought with collapsing home equity was no longer available and triggered a huge drop of demand from that segment of debt buying collapsed in 2008.
We need to restore the 90% tax rates to have those that have had the world's wealth redistributed to themselves to pay back that amount of money that they have stolen from us for the last few decades! That and more inheritance taxes instead of less of them that they've tried to push through new laws.
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Yes, but his trade agreements were about the import and export of real products. They were not
jwirr
May 2015
#1
He heavily taxed corporations and the rich people who owned them and regulated those corporations
pampango
May 2015
#30
Yes, but I don't know that those people will not just leave the country if we try that now. They
jwirr
May 2015
#65
Let em leave and good riddance; they just need to forfeit their assets. That'd be fine with me.
InAbLuEsTaTe
May 2015
#66
They might. Probably not. They have not left Europe, Canada, etc. in any significant way.
pampango
May 2015
#69
Exactly. He wouldn't be very pleased with oil companies getting billions of free dollars
raouldukelives
May 2015
#70
The WTO dates from 1994. GATT was established in 1948. Roosevelt was kind of dead by then.
Scootaloo
May 2015
#59
GATT was part of FDR's ITO. It was supposed to be a temporary organization to facilitate trade until
pampango
May 2015
#64
I have often thought that we would be much better off if each region provided jobs and products
jwirr
May 2015
#68
Who can argue with that? I guess the investor courts and the intellectual property provisions are
neverforget
May 2015
#6
The Father of Free Trade was the first man to be run over by a locomotive
muriel_volestrangler
May 2015
#7
Yes, and that is not, in any form, GATT, the WTO, or free trade agreements
muriel_volestrangler
May 2015
#39
So FDR is irrelevant to the 21st century? Is that the new liberal point of view?
pampango
May 2015
#34
"FDR was the father of modern globalization, a fact that both modern Democrats and Republicans choose
pampango
May 2015
#29
You are right. We don't live in the same world that FDR did. We live in the world he helped create.
pampango
May 2015
#47
Are you insane? Taxes? The repukes are in the process of eliminating taxes on the wealthy and
Elwood P Dowd
May 2015
#77
They are taxed, although as I've said, the regs need to be tightened. As to insanity?
Hoyt
May 2015
#78
FDR used the power of the state to control corporations and the rich. He also proposed
pampango
May 2015
#43
But did he take away tariffs that protected industry using Americans to build products?
cascadiance
May 2015
#46