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 @ 3:00am

    Re: Re: Re: Re: @"Rekrul": re "golden age of entertainment":

    actually, in the US at least, the structure is such that it Can be... but only by a few of the elite at the top of the banking structure.

    it's entirely possible (or was a few years back) for 100 dollars to be put into circulation, officially, which leads to some 10,000 plus dollars Actually circulating due to the way the banks are set up, and annoyingly i forget the rest of the details in the example (it was a while ago and i'm not an american anyway) but it ends with 100 dollars being Withdrawn from the economy again. at the end of the day the bosses at the banks Technically didn't change anything, according to their records, everything still matches up... and yet somehow their bank accounts have gained a few million that wasn't previously in circulation...

    then there's the whole concept of 'interest'::
    consider: the bank charges fees to pay for their services while they look after your money. they pay you interest that, unless you give them a Lot of money, is less than the fees. they then lend out your money to others, charge Them interest for it, at a much higher rate than what they give you, and pocket that interest. they get payed coming and going. (NZ has a nationally owned bank again these days, which basically charges no fees because, like every other bank, it's income comes from lending out your money anyway.)

    and let's not even get into the joys of what happens to all those rounded fractions of cents, or the possiblities of hacking, or the complete Bullshit that is 'identity theft' (hint: it's Bank Robbery.)

    *facepalms*

    ok, got kinda off topic.

    anyway, there are laws in both the case of digital media and money. thing is, the laws in place for money make sense to the vast majority of the population and are generally benificial to the public (in some cases a bit lacking, obviously, see the nonsense made of the global economy by morally lacking traders with far too much greed and not enough sense), while the laws regarding copyright and patents are damaging, and in the case of copyright, so out of alignment with the views, logic, and best interest of the general public that they are Ignored by otherwise law abiding individuals. combine this with extreamly dubious court outcomes on related issues and dodgy dealings getting the laws passed or amended in the first place, and you actually have a situation that is not only undermining (in some cases rightfully, in others merely understandably, and in yet more inevitably) old business models, but also has great potentual to actually undermine the entire concept of the Rule of Law, as the current law only really benefits high ranking individuals in the plutocratic and bureaucratic hierarchies, and is enforced unevenly.

    wow. i'm terrible at this whole 'staying on topic' thing. hopefully this comment is meaningful and informative to at least someone... (heck, i'd be at least as pleased, if not more so, if it encouraged someone who otherwise wouldn't to simply think about things from a different perspective :D)

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