Obama Gets It and Gets It Right (on Free Trade, Anyway)
Subsequently, in answering moderator Bob Schieffer's next question, "Can we reduce our dependence on foreign oil and by how much in the first term, in four years?" Obama took the opportunity to address McCain's criticism: "I believe in free trade. But I also believe that for far too long, certainly during the course of the Bush administration with the support of Sen. McCain, the attitude has been that any trade agreement is a good trade agreement. And NAFTA doesn't have -- did not have enforceable labor agreements and environmental agreements.
"And what I said was we should include those and make them enforceable, in the same way that we should enforce rules against China manipulating its currency to make our exports more expensive and their exports to us cheaper..."
Below is the video clip of the discussion of energy independence that includes the exchange transcribed above.
Many readers of articles I have published over the past nearly four years here at The Dark Wraith Forums know that I have railed over and over again about the manipulation of the yuan-dollar exchange rate by the Chinese and the destructive effects this has had on the United States economy. In fact, in the very last article published here prior to this one, I tore into globalists like newly minted Nobel laureate Paul Krugman for their wholesale blindness to how benefits of "free trade" do notindeed, cannotoccur in a trading relationship where one side systematically, openly, aggressively cheats on the scale that China has in its trade with the United States. In that particular article, I ripped into Krugman, specifically, by writing: "[H]is global free-trade advocacyadvocacy that won him the Nobel because he masqueraded it as scholarshipis the naïve battle cry of the American political 'center' that has allowed China to gut the American economy of tens of millions of jobs and hundreds of billions of dollars by manipulating the yuan-dollar exchange rate for years and years while our intelligentsia sat back bleating about the beauty of their theories of free trade making people's lives better."
In my September article, "The Echo of Now," I provided links to numerous other articles I have written wherein I described this destructive exchange rate manipulation and condemned U.S. government policy that has allowed it to continue for years without retribution.
So, now, here I am, coming to grips with a spectacle that nearly stopped my heart: a major-league candidate for President of the United States, the man who will undoubtedly be the next President of the United States, repeating almost verbatim what I've been bawling about for years with virtually no onecertainly no reputable economists or reasonably mainstream politicianscoming even close to being as forceful and specific as I have been on the matter of exchange rate manipulation by the Chinese, what it has done to our economy, and what we must do about it.
But there it was: Barack Obama spoke a truth about an economic issue that is not easy to understand and has never been mainstreamed as common knowledge.
Does this mean I will now vote for Barack Obama?
Hell, no. The man seems to understand an important principle of macroeconomics and how it applies in the real world of the economic wreckage that has been done to the American economy, but Obama also said in the same debate on Wednesday night, "I think that the Constitution has a right to privacy in it that shouldn't be subject to state referendum..."
How nice: states do not have the right to rescind that which inheres to people by natural law, but the federal government may, at its convenience in legislating terrorist-threat hysteria, put into law such abominations as the revised Foreign Intelligence Surveillance Act, which Sen. Obama voted for.
While words have importance, deeds have consequences. Sen. Obama talks well, certainly when he virtually quotes me verbatim on the issue of what has caused great harm to the American economy, but talk is cheap when the iron first of an emergent authoritarian state is behind the velvet words of glowing praise for "privacy" that can be hurled to the curb like so much trash when law enforcement personnel and Right-wing judges see fit.
Talk of "rights" is also cheap when the reality is that millions of Americans are prosecuted, convicted, and imprisoned under the auspices of the "rule of law" while men and women at the very pinnacle of power allow and, in fact, with impunity craft the utter destruction of the American economy. Perhaps Sen. Obama might get around on the campaign trail one of these days to talking about taking legal action against men like Henry Paulson and Ben Bernanke, upon whose fiscal watch incomprehensibly costly catastrophe has befallen the global economy because of their malfeasance and incompetence in concert with the malfeasance, incompetence, corruption, and mendacity of the Bush Administration in complicity with weak, cowardly Democratic leaders who, at best, did nothing and, far more likely, were every bit a part of the plans and schemes that went so awry. We are now inexorably plunging into an era of crumbling empire, bankrupt of treasure and bereft of moral standing in the world that will now move on and leave us behind as the crippled, elderly relic of yet another broken dream of a more perfect union.
Who, then, will be punished for this heinous and massive crime against freedom? Who, then, will suffer retributive justice scaled to the monument of this outrage? Will Barack Obama be our champion?
Of course not. He is nothing but the sound and fury of the echo we remember of ourselves and our country in our shining hours. We have not seen those shining hours in a long, long time, though; our memories, like Sen. Obama, are all we have left.
For what it's worth, on one matter, Mr. Obama has spoken truth to the power of the electorate; on so much more, however, his silence is telling and his votes in the Senate are chilling.
Fortunately for the junior Senator from Illinois, once he is President, he may use that office to lead the city of liars, charlatans, and fools taking us into the gathering darkness of inevitable authoritarianism that is the fate of a free people who know not the responsibility such grace carries in choosing its leaders wisely. For our sloth, we shall pay dearly at the gateway to the future. President Obama will serve as nothing more than the toll keeper at that portal to the nightfall of our empire.
The Dark Wraith will spend the next four years, God willing, ensuring that President Obama faces withering criticism from one who wishes he had good cause to do otherwise.
Wrote Minstrel Boy:
Wrote Peter of Lone Tree:
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