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The Soon Coming Judgment Of God Upon America and How To Escape It 303
Andrew Reding on NAFTA
Andrew Reding is from the New School for Social Research. In a Canadian publication
Reding affirmed that NAFTA was “an incipient form of international government.” He declared
passage would “signal the formation, however tentatively, of a new political unit—North
America.” Reding’s comments were not speculation for he understood not only the intention of
the agreement but its application as well. He exclaimed, “with economic integration will come
political integration.”
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Robert Matsui on NAFTA
Robert Matsui is a Democratic U.S. House Representative from California and a member
of the CFR. Matsui boldly admitted that the NAFTA agreement requires the surrender of
American “independence.”
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Winston Lord on NAFTA
Winston Lord is former president of the CFR and a member of the TLC and Bilderbergs.
In 1992 Lord delivered a speech at a town hall meeting in Los Angeles; the speech was titled
Changing Our Ways: America and the New World. In his speech Lord declared: “To a certain
extent, we are going to have to yield some of our sovereignty, which will be controversial at
home. Under the North American Free Trade Agreement (NAFTA) some Americans are going to
be hurt as low-wage jobs are taken away.” Clinton later appointed Lord Assistant Secretary of
State.
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Karl Marx on NAFTA
Karl Marx was author of the Communist Manifesto and regarded as the father of modern
communism, Marx died in 1883. Marx would have greatly favored NAFTA for he said: “Free
trade breaks up old nationalities... in a word, the free trade system hastens (quickens) social
revolution.”
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Economic Results of NAFTA and WTO
As a result of NAFTA, the U.S. trade deficit with Canada and Mexico has soared from
$15.9 billion in 1994 to $85.4 billion in 2002, an increase of over 700%. During the same time
period, as a result of the WTO, the U.S.’s total trade deficit has risen from $104.4 billion in 1994
to $418 billion in 2002, an increase of over 400% (see the table below).
The Economic Policy Institute (EPI) estimates that the trade deficits caused by NAFTA
have resulted in a net loss of 440,000 jobs in the U.S. Further the overall trade deficit has
resulted in a net loss of 3 million U.S. jobs according to Jeff Faux, EPI president.
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This doesn't
tell the whole story. Over 3,000 factories have closed because of NAFTA and millions of jobs
have been lost; many of these were high paying jobs. Most of the jobs that have been created to
replace these high paying factory jobs are low paying jobs in the service and retail sector of the
economy.
Dan Griswold of the Center for Trade Policy Studies, Cato Institute, argues that the EPI
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