Friday, October 14, 2011

The trade deals make sense for the US.......

It took 5 years but it finally happened:

"The House voted to pass the Colombia measure, the most controversial of the three deals because of concerns about the treatment of unions in that country, 262 to 167; the Panama measure passed 300 to 129, and the agreement concerning South Korea passed 278 to 151. 

The votes reflected a clear partisan divide, with many Democrats voting against the president.

In the Senate, the Colombia measure passed 66 to 33, the Panama bill succeeded 77 to 22 and the South Korea measure passed 83 to 15. 

Senator Harry Reid of Nevada, the majority leader, voted against all three measures." (NYTimes

These agreements were started under Pres Bush, criticized by candidate and then Pres BO but they finally passed because common sense prevailed. 

The Colombia Free Trade Agreement makes more than economic sense.  It also makes political and diplomatic sense because of its border with Venezuela.

We discussed the free trade deals on Thursday's show:


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Tags: The Colombia Free Trade Agreement, Panama Free Trade, South Korea Free Trade To share or post to your site, click on "Post Link". Please mention / link to the My View by Silvio Canto, Jr. Thanks!

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