 |
 |
 |
 |
|
 |
 |
The Soon Coming Judgment Of God Upon America and How To Escape It 300
135 are dictatorships and not our friends. They look upon international organizations as vehicles
to finance their socialist economies and ruling classes out of U.S. wealth and technology.”
930
In Hope of the Wicked, Ted Flynn describes the WTO as a gigantic economic Supreme
Court.” He further states that the WTO’s dispute resolution process involves “complicated rules
of procedure and practices” that come from the court systems of the western nations who are
members.
931
These procedures are radically different than when they were exclusively under
GATT. “GATT required a consensus decision to impose a penalty recommended by a dispute
panel, and the United States could reject rulings that intruded on our interests. Under the WTO,
unilateral (independent) action is forbidden. The United States must abide by the judgments of
WTO's Dispute Settlement Board, which deliberates and votes in secret.”
932
The most important provision of the WTO’s dispute resolution process is that it is
binding on the member nations. This means that the WTO has the power supersede U.S. law and
dictate U.S. policy. It is an attack on our sovereignty. Under Article XVI, paragraph 4, “Each
Member shall ensure the conformity of its laws, regulations, and administrative procedures with
its obligations.” The final determination on whether U.S. laws conforms to WTO requirements
rest with the WTO. If the WTO finds that U.S. law does not fully comply with its dictates, it can
impose financial penalties and trade sanctions.
933
A U.S. trade embargo on Iraq crippled the
nation and resulted in the deaths of an estimated million children.
934
The WTO now has this
power over the U.S.
Congressman Ron Paul confirmed that the WTO could supersede and dictate U.S. law. In
an interview with John F. McManus, publisher of The New American, Representative Paul
stated: “We should never deliver to any international governing body the authority to dictate
what our laws should be. And this is precisely the kind of power that has been given to the
WTO.”
935
Newt Gingrich testified before the House Ways and Means Committee that: “The World
Trade Organization is a de facto transfer of authority from the U.S. to Geneva, Switzerland.”
Gingrich also supported GATT and was largely responsible for its passage in the House. The
Deputy General Counsel of the International Monetary Fund, William Holden, speaking at a
WTO conference in 1994 said: “The WTO is de jure (by law) world government.”
936
The U.S. became subject to the WTO when the 1994 lame duck Congress approved the
GATT agreement. The WTO is a fourteen-page charter that was covertly appended to the GATT
agreement without public debate or debate of the Congress. The WTO is more than a trade
agreement; it is in actuality a treaty. Under Article II, Section 2 of the U.S. Constitution, the
President cannot sign a treaty without “the advice and consent “ of two-thirds of the Senate.
Tagging the WTO onto GATT averted this constitutional provision.
In June of 2000 Representative Ron Paul authored House Joint Resolution 90 entitled
“Withdrawing Approval of United States From Agreement Establishing World Trade
Organization.” The resolution was defeated by a vote of 363 to 56. Congress overwhelmingly
approved of the WTO, which surrenders U.S. sovereignty to an international body.
937
In January of 2002, for the first time a U.S. law was determined to be illegal by a foreign
body. This was the determination of the WTO who were ruling on U.S. tax law. European
nations had complained that U.S. tax law, which exempts some corporate income earned
 |