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View Full Version : Pat Buchanan: The Chickens of Globalization Come Home to Roost




LibertyEagle
07-24-2012, 12:38 PM
For decades, America has been de-industrializing, with manufacturing shrinking as a share of gross domestic product to 11 percent, from over 30 percent in 1950. Not since before the Civil War have we been so dependent on foreign goods for the necessities of our national life, including the national defense. Our independence is a thing of yesterday.

This was the predicted and inevitable fruit of globalization.

Is this good for America?

Perhaps if one is a believing globalist. Then, whatever the result of globalization, whoever the winners and losers, that is what is best, for a globalized world is the best of all worlds.

This, of course, is not patriotism talking, or the voice of wisdom born of experience. It is a recitation from the globalist catchism.

When the history of American decline is written, the historians will zero in on a choice the nation made, when the interests of Middle America collided with those of Corporate America.

Decades ago, America's great companies, having saturated the U.S. market, wanted to go out and capture the world's markets.

Free to move production out of the U.S.A., they wanted to be able to bring their products back to the United States, duty-free. Make them there; sell them here. And if the U.S. companies were to be allowed to produce and to sell in foreign countries, those countries wanted the right to dump their goods in the U.S.A.

And here is where the national interest and the interests of Corporate America diverged. Here is where what was good for the boardroom elite collided with what was best for Middle America.

And this conflict could not be reconciled. The party had to choose. And the party chose K Street over Main Street.

Free trade, the Kennedy Round of trade negotiations, the Uruguay Round, the Doha Round, NAFTA, GATT, the WTO -- what they all produced is a Magna Carta of the transnational corporation, which looks longingly to the end of nation-states and the arrival of world government.

Did the Republican songbirds of globalization not understand this?

For the rest.... (http://townhall.com/columnists/patbuchanan/2012/07/20/the_chickens_of_globalization_come_home_to_roost)

Kade
07-24-2012, 12:42 PM
For the rest.... (http://townhall.com/columnists/patbuchanan/2012/07/20/the_chickens_of_globalization_come_home_to_roost)

Truth.

Anti Federalist
07-24-2012, 01:41 PM
To deny what has happened at this point is ridiculous.

Nixon and Kissinger went to China and handed the whole thing to Mao on silver platter, the currency as well, by breaking Bretton Woods.

And here we are, 40 years later, riding the globalization train in a race to the bottom.

PJB is 100% correct on this.

AuH20
07-24-2012, 01:53 PM
To deny what has happened at this point is ridiculous.

Nixon and Kissinger went to China and handed the whole thing to Mao on silver platter, the currency as well, by breaking Bretton Woods.

And here we are, 40 years later, riding the globalization train in a race to the bottom.

PJB is 100% correct on this.

Don't forget Kissinger's pledge to the Saudis and OPEC to keep the U.S. fuel dependent in return for the support of sovereign wealth funds buying U.S. treasury bonds. Fuel Dependency to the Middle East essentially traded for an extended line of national credit.

phill4paul
07-24-2012, 02:02 PM
Thanks L.E.

ZenBowman
07-24-2012, 02:05 PM
"[Buchanan's] commitment to protectionism was mutating into an all-round faith in economic planning and the nation state." - Murray Rothbard


^^^
Truth

LibertyEagle
07-24-2012, 08:50 PM
bump