Here's a Greg Palast video, where he actually interviews Pascal Lamy, head of the WTO, who admits that countries can face retaliation if they try to reregulate finance:
John Nichols has a great piece in this week's Nation about the politics of the WTO fight:
The trade fights of the
future are not between US workers and Koreans; they are between a
corporate agenda that encourages race-to-the-bottom profiteering and a
popular vision of fair trade that respects workers, farmers, consumers
and citizens in all countries. The electoral results of 2006 and '08
tell us that Wellstone was right: Americans are ready and willing to
support a politics that seeks to civilize the global economy. Now, if we
could just get a Democratic president to work with a Democratic Congress
to offer them that politics...
Our own Lori Wallach has a fantabulous piece in The Nation on the WTO entitled "Obama's Choice."
As Americans committed to global justice, we must present the choice
facing Obama in the stark terms it represents. Will he stand with the
majority of Americans and implement his campaign commitments to change
the rules of the global economy so they no longer "favor the few rather
than the many"? Or will he side with the banksters and other global
elites and fall back into the failed status quo? To repeat a popular
refrain from the streets of Seattle: the whole world is watching.
That really is the question. You can plug into the growing call for a WTO Turnaround here.
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