Thursday, July 21, 2005

Bush Administration Buys CAFTA

According to an article in Businessweek, the 54-45 vote in favor of CAFTA was pushed largely by grand promises of pork barrel projects in the states of "swing senators". The article opens by describing $2.5 billion worth of dams and locks a long the Mississippi River that bought the vote of Kit Bond, the senior Republican from Missouri. For more info, go to Media Mouse.

Interestingly, as the House vote comes up, many more representatives are voicing disapproval than expected. This shows that the word has gotten around Capitol Hill that the administration is willing to pay the price if you're having second thoughts about the free trade agreement. From a congressman's perspective, he shows some signs of skepticism, gets the administration to pay attention to his concerns, and receives millions--or billions of dollars worth of pork to tout come election time. CAFTA was thought to be a hopeless initiative, from the rhetoric of congress, it currently sounds even more hopeless, but with the promises coming from the Bush administration, will ultimately succeed.

This California resident expresses disgust with Diane Feinstein (D-CA) for voting Yea on CAFTA.

Apparently Richard Codey, the governor of the garden state, signs an "anti-outsourcing bill" into law. American Jobs Blog gives analysis and support.

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