quote:
Originally posted by Donut:
By Paul Blustein
Washington Post Staff Writer
Thursday, January 17, 2002; Page A02
President Bush admonished Latin America yesterday against straying from the path of free markets, a sign of mounting worries in Washington that Argentina's wrenching economic crisis may lead Buenos Aires and neighboring countries to resort to protectionism and government intervention.
"Argentina -- and nations throughout the hemisphere -- need to strengthen our commitment to market-based reform, not weaken it," Bush declared. Although expressing sympathy for that nation's plight and reiterating that Washington will support international aid for Argentina's new government provided it embraces a "sound and sustainable economic plan," Bush said, "Shortcuts to reform only lead to more trouble."
this only shows that (not only bush) but the system is hypocritical. all that talk about free trade is bull, as its only meant to work for the small countries. not only the us is doing this. the eu has gigantic subventions on their agriculture that hurts exporting by other countries (like argentina). of course, the us, china and a lot of other countries also have subventions on their agriculture.
now bush is paying in advance for the votes he is going to need for his reelection by (as usual in him) putting his feet in his mouth by doing the exact opposite of what hes been preaching on... the wonders of capitalism and free trade. and this will not only hurt foreign countries. the us people will have to pay for more expensive, less quality products because of the inefficient us steel industry, that has declared more than 20 companies in bankrupcy in the last 5 years because of their worker privileges and high manufacturing costs.
petty politics at its best. who said bush was an honourable man? what an idiot of a president.
edit: for spelling.
[ 03-07-2002: Message edited by: norompanlasolas ]