Up Is Down, Night Is Day, US Pretends Protectionist, Anti-Free Trade Agreements Are 'Historic Free Trade' Treaties

from the booooooooogus dept

For some time now, we've been noting that the US keeps trying to force countries around the globe to put in place protectionist policies that protect American monopolies, and hilariously pretending these are "free trade" agreements. And today is no different. The White House is tooting its own horn for signing three new anti-free trade agreements today, with South Korea, Panama and Colombia, pretending that these are free trade agreements. The reality, of course, is that they are protectionist plans that will do more harm than good to US interests.

While the White House leaves this part out of its patting itself on the back, these agreements all export the worst of US copyright law to these other countries, forcing them to put in place laws that are against their own best interests, and which serve only to falsely prop up the entertainment industry's bad business model. This is why the MPAA and the US Chamber of Commerce are cheering it on so strongly.

And, of course, this is just the beginning. The Treasury Department put out its own blog post celebrating the anti-free trade agreements as well, in which they ominously warn that things are going to get worse, as they "build on" these agreements to get the dreadful Trans-Pacific Partnership signed. As you may recall, the TPP has become the way that the US Trade Rep plans to sneak in everything that it failed to get in ACTA... and it's being even more secretive about TPP than it was about ACTA. It's nothing but a government handout to Hollywood. This is not "historic" and it's not about "free trade." It's about protectionist anti-free trade policies that will do long term harm to US innovation and economic interests. What a disaster.

Filed Under: colombia, copyright, free trade, obama administration, panama, south korea, trade agreements, ustr


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  1. icon
    Chargone (profile), 22 Oct 2011 @ 2:35am

    Re: Free Trade?

    indeed. and pursuing it is a terrible idea. actually, the USA is large enough that free trade Within it's borders is probably doing more harm than good ... :S

    of course, there's protectionism and protectionism. one lot encourages new industry to develop in a given location, leading to an cycle of economic growth in that city-region if properly employed. the other pointlessly cripples entire sections of the economy in every city region in the country to feed pointless monopolies or encourage dangerous over-specialisation.

    guess which one governments like to use?

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