Home

The Economic Populist

Speak Your Mind 2 Cents at a Time

Discussion

  • Forums
    • Labor Economics
      • Labor
      • Outsourcing/Insourcing
        • Immigration
        • Professional Labor Issues
    • Macro Economics
      • Fiscal, Monetary Policy
      • Global
      • Tax Policy
      • Trade Policy
      • Wall Street
    • Politics
      • Congress
      • Executive Branch
    • Admin
  • Home
  • Reads
  • Discuss
  • RSS Feed
  • Twitter
  • About
  • Contact
Home Discuss Trade Policy

New blog posts

  • Economic Warfare? Europe versus Wall Street
  • Let's Chat Labor Productivity
  • Why we are headed into Depression
  • First Iceland, then the World
  • Creating State Level Jobs Programs: A Jobs Insurance Supplement
  • Sunday Morning Comics - Goldman Sucks Edition
  • One Thousand Names for Fraud
  • Friday Movie Night - Eamonn Fingleton
  • "Overwhelming Force"
  • Make Markets Be Markets - A Bunch of Well Known Folk Trying to Get Some Damn Financial Reform
more

User login

  • Create new account
  • Request new password

Navigation

  • User Guide
  • News aggregator

Recent Comments

  • Many pieces on the transaction tax
    46 min 23 sec ago
  • Unions Here Also Targeting Wall Street
    1 hour 31 min ago
  • That Would Be An Immediate Low Cost Stimulus
    9 hours 49 min ago
  • No more mortgage companies feel shame or remorse
    19 hours 24 min ago
  • I'm getting jealous
    21 hours 56 min ago
  • They did something??? Wow
    1 day 40 min ago
  • Let's address the real issues
    1 day 1 hour ago
  • outsourcing
    1 day 2 hours ago
  • "pre-ordained cheap labor
    1 day 4 hours ago
  • The claim is not true and
    1 day 5 hours ago
  • Wile E. Coyote Syndrome
    1 day 5 hours ago
  • Great Article, but.
    1 day 8 hours ago
  • economic facts & propaganda
    1 day 8 hours ago
  • If the outcome of the up and
    1 day 11 hours ago
  • class warfare
    2 days 1 min ago
  • there is an email system on EP
    2 days 59 min ago
  • Just absolutely absurd
    2 days 1 hour ago
  • Extortion
    2 days 3 hours ago
  • Interesting that democracy
    2 days 4 hours ago
  • Robert if I had a magic wand I would
    2 days 7 hours ago

Poll

Populist Du Jour

  • Enron Fun with Fannie and Freddie

Vox Populi

  • Holy Cow Batman! SIGTARP Barofsky says U.S. on the hook for $23.7 Trillion in bail out!
  • Subprime meltdown over; now comes the bad news
  • The Deflationary Recession of 2009?
  • The Panic of 2008: a turning point
  • Text of Bail Out Act Before Congress - TAKE ACTION NOW!
  • U3 and U6 Unemployment during the Great Depression
  • Scientist Who Laid Ground Work for Nobel Prize Drives a Bus, Can't get a Job

Active forum topics

  • Trade Deficit decreases $2.6 billion from last month - Trade January 2010
  • Geithner to use "Shame" on Mortgage Companies
more

Atlanta Fed's Macroblog

  • Consumer credit, credit availability and The Credit CARD Act
  • In the beginning, there was a lender of last resort
more

BEA

  • U.S. International Trade in Goods and Services, January 2010
more

iMFdirect

  • Something New Out of Africa: A Global Player
  • Africa Is Back
more

CBO

  • Estimate of the Budgetary Effects of the Senate-Passed Health Bill
  • Presentation on “Fiscal Policy Choices” to the National Association for Business Economics
more

powells

GAO

  • GAO-10-494T, Global Food Security: Progress toward a U.S. Governmentwide Strategy Is Under Way, but Approach Has Several Vulnerabilities, March 11, 2010
  • GAO-10-352, Global Food Security: U.S. Agencies Progressing on Governmentwide Strategy, but Approach Faces Several Vulnerabilities, March 11, 2010
more

Instapopulist

  • Trade Deficit decreases $2.6 billion from last month - Trade January 2010
  • State Unemployment Maps for January 2010 - Unemployment increases in 30 States
  • Budget deficit hits another record
  • Get Ready for More Recessions
  • Joltin' up on JOLTS - Job openings increase in January 2010
  • Rich taking from the old
  • Credit Union pays people to withdraw money
more

Calculated Risk

  • Q4 2009: Mortgage Equity Withdrawal Strongly Negative
  • Flow of Funds Report: Mortgage Debt Declines by $53Billion in Q4
more

Naked Capitalism

  • Spain’s woes and Germany’s export model could mean double dip
  • Links 3/11/10
more

Paul Krugman

  • Harry Gives 'Em Hell
  • Beware of Greeks Getting Gifts?
more

dorgan

The Baseline Scenario

  • Delaying Tactics On Display
  • The Coming Greek Debt Bubble
more

Eyes on Trade

  • Watch Lori Wallach LIVE on Bloomberg TV at 2pm
  • Putting Twitter Above Labor, Environmental, and Consumer Protections?
more

Econbrowser

  • Whither the Yuan?
  • Modeling problems in credit markets
more

TradeReform.org

  • Live Webcast from the Economic Policy Institute
  • U.S. Nears a Crossroads on Trade
more

EconomPic

  • The Changing Face of American Debt
  • On the Price Stickiness of Imported Oil
more

Economist's View

  • Is This the Best Congress Can Do for the Unemployed?
  • A Government Takeover of the Economy?
more

Economy in Crisis

  • The Wealthiest Nation in the World?
  • Foreign Financing and The American Economy
more

The Big Picture

  • Elizabeth Warren on Consumer Protection (MMBM)
  • Debt levels moving lower but at a snails pace
more

Credit Slips

  • Avoid Chapter 11 at All Cost!!!
  • In Case You Didn't Feel Like Showing Up
more

Manufacture This

  • Can America Benefit by “Going Green?”
  • A scene right out of a movie [theater]
more

Alan Tonelson

  • Trading Away Productivity
more

black swan

Beat The Press

  • Judd Gregg Argues for Higher Unemployment
  • Fannie and Freddie's Losses Are Profits at Goldman Sachs
more

Nouriel Roubini's Global EconoMonitor

  • RGE's Wednesday Note - The Rising Risk of Double-Dipping
  • Bloomberg Reports Roubini Says Cautious China to Limit Yuan Gain to 4%
more

Zero Hedge

  • New Flow Of Funds Report Demonstrates Massive Selling In Agency & MBS Holdings Away From The Fed
  • Here's Another "I Told 'ya So" for the Muni Buyers
more

The Mess That Greenspan Made

  • The protests in Greece turn ugly
  • More of the same for household flow of funds
more

Styles Checks-125 x 125- Animiated Marvel Banner

Tax Justice Network

  • Onshore: beyond the voodoo void of finance
  • Median wealth for U.S. women of colour: $5
more

Brad Delong

  • Come the Basileia...
  • Jonathan Cohn Misaprehends the Sources of Opposition to Health Care Reform
more

New Deal 2.0

  • Another Crisis on the Way? Rob Johnson on C-Span
  • Will The Senate Bill Look Like the House GOP’s Financial Reform Bill?
more

Steve Keen's Debtwatch

  • Everyone’s a critic…
  • T-Shirts for Kosciousko
more

Pension Pulse

  • A Culture of Corruption?
  • Public Pension Funds Doubling Up to Catch Up?
more

Angry Bear

  • Extending temporary tax breaks passed
  • The Chicago School--why does anybody still listen to it
more

Robert Reich

  • Bail Out Our Schools
  • Why the Continuing Bad Job Numbers Make it Harder (But Even More Important) To Pass Health Care Reform
more

Financial Armageddon

  • A Rare Breed
  • The Enforcement Tax
more

Business Groups Object to Limits on Slave & Child Labor

Submitted by Robert Oak on Tue, 11/10/2009 - 15:42.
  • child labor
  • globalization
  • race to the bottom
  • Trade Policy

David Sirota has an aptly titled post, From the I Shit You Not File: Business Aims to Relax Bans on Products Made with Child & Slave Labor:

Business groups are worried by the potential effects of provisions banning the import of all goods made with convict labor, forced labor, or forced or indentured child labor that were included in a customs bill sponsored by Finance Committee Chairman Max Baucus (D-MT) and Ranking Member Charles Grassley (R-IA)...

These groups are examining the ramifications of the bill's provisions, especially in light of the bill's requirements that a newly created office in the Department of Homeland Security (DHS) annually report to Congress on the volume and value of goods made with child labor, forced labor or convict labor that have been stopped at the border.

Business sources say this reporting requirement could cause DHS to more actively seek out imported products made with child labor, forced labor or convict labor...

One source did expect a push from lobbyists closer to the Finance Committee markup of the bill, and speculated that U.S. industry groups and foreign governments could form ad hoc coalitions to help send a united message.

The bill this group is referring to is S.1631, Customs Facilitation and Trade Enforcement Reauthorization Act of 2009, introduced by Senator Max Baucus and co-sponsored by Senator Chuck Grassley.

The provisions being objected to are probably this section:

SEC. 307. PROHIBITION ON IMPORTATION OF GOODS MADE WITH FORCED OR INDENTURED LABOR OR BY BENEFIT OF HUMAN TRAFFICKING.

`(a) Prohibition on Importation- No good may be imported into the United States, if that good was produced, in whole or in part--

`(1) with convict labor, forced labor, or indentured labor under penal sanctions;

`(2) by means of coercion (as defined in section 103 of the Trafficking Victims Protection Act of 2000 (22 U.S.C. 7102)), including by means of an employer withholding the passport or other travel documents of a foreign worker in order to compel the production of that good; or

`(3) by 1 or more individuals who, at the time of the production were being subjected to a severe form of trafficking in persons (as defined in section 103 of the Trafficking Victims Protection Act of 2000 (22 U.S.C. 7102)).

Did I say corporate lobbyists wish to return to 1897 where we had the super rich with no income tax and the poverty stricken masses, child labor, exploitation of women, no worker protections? Isn't slave labor just the ultimate productivity booster?

On a side note, it seems Senator Baucus is obsessed with snow globes. He has in the Legislative Congressional Record these bills introduced:

  • S.1826 : A bill to suspend temporarily the duty on certain glass snow globes.
  • S.1828 : A bill to suspend temporarily the duty on certain metal key chains with acrylic mini-globes.
  • S.1829 : A bill to suspend temporarily the duty on certain acrylic snow globes.

Baucus also seems to have a special interest in golf bags:

  • S.1928 : A bill to extend and modify the temporary suspension of duty on golf bag bodies made of woven fabrics of nylon or polyester sewn together with pockets, and dividers or graphite protectors, accompanied with rainhoods.

(Translation: Do these bills look like special favors from certain private corporate importers or what?)

Special favors aside, this is about the most outrageous effort yet by businesses to undermine labor protections. This action shows strongly how trade is not by the theory of free trade, finished goods and all about the race to the bottom, otherwise known as hunting the globe for the cheapest, most exploitable labor pools.

Great catch watchdog Sirota!

‹ U.S. policy for the last 50 years is to get rid of jobs Obama to Push for "Free Trade" Agreement with Asia ›
  • addthis
  • Email this Instapopulist Forum topic
  • 2 points

Imports of child and slave labor

Submitted by DorothyJ (not verified) on Fri, 11/13/2009 - 07:03.

http://www.dol.gov/ilab/programs/ocft/PDF/2009TVPRA.pdf is a link to a Department of Labor report on the countries and products they provide using child and slave labor. Our manufacturing businesses should not have to compete with this.

Not yet rated.
  • reply

ah?!

Submitted by Tyler Durden (not verified) on Fri, 11/13/2009 - 10:42.

What complete bags of human garbage!?

Relax imports of products made with Child/Forced/Slave labor!?

Where do these jerks come from?!

Not yet rated.
  • reply

same old song and dance

Submitted by Emanual Louis (not verified) on Wed, 11/18/2009 - 12:50.

These big corps and their buddies need to be shut down. This tax the middle class and exploit the poor is too much! We need campain finance reform in a big way. Stop the gifts and the end the party. Put the jerks away!

Not yet rated.
  • reply

Post new comment

The content of this field is kept private and will not be shown publicly.
Input format
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <b> <address> <blockquote> <br> <caption> <center> <code> <dd> <del> <div> <dl> <dt> <em> <font> <h2> <h3> <h4> <h5> <h6> <hr> <i> <img> <li> <ol> <p> <pre> <span> <strong> <sub> <sup> <table> <tbody> <td> <tfoot> <th> <thead> <tr> <u> <ul> <tr>
  • Lines and paragraphs break automatically.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
  • Image links with 'rel="lightbox"' in the <a> tag will appear in a Lightbox when clicked on.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

Syndicate

Syndicate content

Add to Technorati Favorites

Privacy Policy

Google Delicious Yahoo! Bloglines Newsgator MSN AOL Rojo Newsburst RSSFwd
© Economic Populist 2008-2009