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NAFTA: WHEN THE USA SOLD OUT

Twenty Years of NAFTA Sucking Sound

 

 

nafta

NAFTA: WHEN THE USA SOLD OUT

Heed well the undeniable results.

On The Issues, provides valuable resources. In their section, Ross Perot on Free Trade, the perceptive Texan foretold the future in his NAFTA summary.

“NAFTA is really less about trade than it is about investment. Its principal goal is to protect US companies and investors operating in Mexico. The text of the agreement is contained in two volumes covering more than 1,100 pages. The text is mind-numbingly dull. Large portions of it are written in the type of obscure legal terms found on the back of an insurance policy. Buried in the fine print are provisions that will give away American jobs and radically reduce the sovereignty of the US.

[When the Mexican media announced NAFTA, they] did not identify the tiny handful of people in Mexico who would gain the most from this trade pact. They are the 36 businessmen who own Mexico’s 39 largest conglomerates. Collectively, their companies control 54% of Mexico’s Gross National Product. These companies dominate virtually every sector of the Mexican economy of any consequence. When the Mexican government sold off big chunks of Mexico’s state-run companies in the late 1980s and early 1990s, this tiny handful of people quickly acquired control.”

To read the entire batr.org story CLICK HERE

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