Sharp Poke in the Eye of ALL Trade Negotiations

By April 9, 2008Trade

From Bloomberg:

April 9 (Bloomberg) — U.S. House Speaker Nancy Pelosi, defying President George W. Bush’s demand that Congress endorse a free-trade agreement with Colombia, said lawmakers will vote tomorrow to eliminate a deadline for taking action.

Bush this week sent Congress the trade accord, triggering a 90-day deadline for lawmakers to take a final vote on the agreement.

“The president took his action,” Pelosi said after a meeting of all House Democrats. “I will take mine tomorrow.”

If this goes through, why would any other country work with the United States on trade agreements? It would make a mockery of the phrase, “good-faith negotiations.”

The White House has scheduled a news conference with Cabinet members at 2:15 p.m. to talk about this move. We truly hope it’s just a bargaining maneuver.

UPDATE (1:30 p.m.): Here’s Speaker Pelosi’s statement on the timetable. The Speaker argues: “It’s not really a rule change; it’s sort of in keeping with the rules of the House.”

UPDATE (1:35 p.m.) At the WH news conference:

Secretary of State Condoleezza Rice
Treasury Secretary Henry Paulson
United States Trade Representative Susan C. Schwab
Secretary of Treasury Henry Paulson, Jr.
Secretary of Commerce Carlos Gutierrez
Secretary of Agriculture Ed Schafer
Secretary of Labor Elaine Chao
Small Business Administrator Steve Preston


Join the discussion One Comment

  • Steve Souza says:

    It is about G.D. time the Democrats stood up to our “no morals” president and some US corporations that only care about right now and themselves – me me me me!.
    This mostly Republican agreement is, and will not be good for the corporations or Americans in the long term, as the American people are finally coming to grips with the fact that we have been hoodwinked with regard to trade policy and the American public. Americans are starting to find out how “free” trade is not really free. We must re-start a policy of “fair trade” so that people, and not just corporations are benefited. Now, many corporations have a bad name in the public eye, and some of this is due to this policy of “free”, which nothing is free in commerce. Don’t you remember your mother and father telling you nothing is free? I thought so. Now start doing the right thing for people

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