BNW

 

Biafra Nigeria World News & Archives

 

BNW News and Archives

 

 

BNW: the Authority on BiafraNigeria

BNW Magazine 

Biafra Nigeria World Forums and Message Board

 BNW News Archive

BNW Home

 

BNW Writer's Block

 WaZoBia @ BNW

Biafra Net

 Igbo Net

Africa World and BNW Africa 

Submit Article for Publication

BiafraNigeria Spacer

BiafraNigeria Spacer

 

Flag of Biafra Nigeria

 

BNW News Archives

BNW News Archive 2002-January 2005

BNW News Archive 2005

BNW News Archive 2005 and Later

 

BiafraNigeriaWorld News: Weblogs Edition @ Blog Continent


« Nigeria beats SA 3-0, picks Africa`s 3rd ticket to Olympic football | Main | Policemen Assault Ogun High Court Registrar »

March 29, 2008

No president will rip up NAFTA

By MICHAEL DEN TANDT

Facebook Digg Del.icio.us Google Stumble Upon Furl Newsvine Reddit Technorati Blinklist Feed Me Yahoo Socializer Ma.gnolia Raw Sugar Simpy Squidoo Spurl Blink Bits Rojo Blogmarks Shadows Netvouz Scuttle Co.mments Bloglines Tailrank Sitejot + Help

First there was Barack Obama in Ohio, threatening to scrap the North American Free Trade Agreement. Now, with another rust-belt primary in the offing -- Pennsylvania -- Hillary Clinton has made the same threat. NAFTA must be renegotiated. If that isn't done, she'll rip it up.

Please, kids. Can we get serious?

The U.S. is not in a position to arbitrarily dictate changes to NAFTA. As Prime Minister Stephen Harper and Industry Minister David Emerson have said, that's not how negotiations work. If the deal were reopened, Canada would have demands, too. So would Mexico.

Consider energy for instance. As NAFTA now stands, U.S. companies have guaranteed tariff-free market access to Canadian energy resources. And Canada has the same access to U.S. energy.

That's a good deal for Canada. It allows our oil and gas exporters uninhibited entry into the massive U.S. market, which they otherwise might not have. And it's good for the U.S. -- for the obvious reason that it needs Canadian oil and natural gas, among other resources.


Now let's talk about energy security. In the late 1980s and early '90s, when the North American Free Trade was first negotiated, the Cold War was ending and America reigned supreme.

Today the world is different. What do Saudi Arabia, Iran, Iraq, Kuwait, the UAE, Venezuela, Russia, Libya, and Nigeria have in common? They're nine of the world's top 10 holders of proven petroleum reserves. Yikes.

The 10th country, and No. 2 on the list in terms of the size of resource, is Canada.

The fact that Canada's reserves are geographically accessible, in a stable democracy, and sheltered by a free trade agreement, is a priceless strategic asset to the United States. No president -- Democrat or Republican -- will jeopardize America's access to that resource.

Clinton is no more "serious" about abrogating free trade than she was about landing "under fire" in Bosnia. It's campaign hooey, and not to be believed.

Posted by Publisher at March 29, 2008 10:36 AM

Comments

Post a comment

Thanks for signing in, . Now you can comment. (sign out)

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)


Remember me?





BNW Writers A-M


BNW Writers N-Z

 

BiafraNigeria Banner

BiafraNigeria Spacer

 

BiafraNigeria Spacer

 

BiafraNigeria Spacer

 

BiafraNigeria Spacer

 

BiafraNigeria Spacer

 

BiafraNigeria Spacer

 

BiafraNigeria Spacer

 

BiafraNigeria Spacer

 

BiafraNigeria Spacer

 

BiafraNigeria Spacer

 

BiafraNigeria Spacer

 

BiafraNigeria Spacer

BiafraNigeria Spacer

 

BNW Forums

 

The Voice of a New Generation