Wednesday, July 27, 2005

CAFTA
Bush will meet with House Republicans in a closed session today, Wed, July 27, 2005. He will urge passage of CAFTA,(the free trade agreement similar to NAFTA), with the U S, El Salvador, Nicaragua, Guatemala, Honduras, Costa Rica and possibly Dominican Republic, If passed, it will be a disaster for small farmers, and workers in the U S, Canada, and Mexico. Hundreds of thousands of jobs will be lost and family farms foreclosed.

Corporate domination will lead to privatization of resources and utilities in these South American countries, resulting in lower pay for workers while increasing the cost of living. Public interest laws are routinely and secretly overturned and challenged in NAFTA courts; pollution of the environment causes health concerns; job loss increases poverty. The Bush administration has already pressured Brazil, Venezuela and Argentina to accede to U.S. demands or be left out of the agreement.

To learn more about CAFTA go to Http://www.citizen.org/trade/cafta

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