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Now that Obama's Blair says world economy threatens our security what happens with trade agreements?

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bigtree Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-13-09 11:45 AM
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Now that Obama's Blair says world economy threatens our security what happens with trade agreements?
Will this analysis by National Intelligence Director Blair give comfort and support to those who will insist that trade agreements are essential to some hub around the world which can be linked to our national security?

from the NYT: http://www.nytimes.com/2009/02/13/washington/13intel.html?pagewanted=print

The new director of national intelligence told Congress on Thursday that global economic turmoil and the instability it could ignite had outpaced terrorism as the most urgent threat facing the United States.

The assessment underscored concern inside America’s intelligence agencies not only about the fallout from the economic crisis around the globe, but also about long-term harm to America’s reputation. The crisis that began in American markets has already “increased questioning of U.S. stewardship of the global economy,” the intelligence chief, Dennis C. Blair, said in prepared testimony.

Mr. Blair’s comments were particularly striking because they were delivered as part of a threat assessment to Congress that has customarily focused on issues like terrorism and nuclear proliferation. Mr. Blair singled out the economic downturn as “the primary near-term security concern” for the country, and he warned that if it continued to spread and deepen, it would contribute to unrest and imperil some governments.

“The longer it takes for the recovery to begin, the greater the likelihood of serious damage to U.S. strategic interests,” he said.


With trade deals pending with Latin and Central America, and with trade deals considered with adverse nations like Russia and China, I'm wondering if this assessment by the Obama Intelligence Director will give cover to those in Congress who want to force these objectionable trade deals through; especially in this period of economic downturn.

There could also be a more muted effort from the WH to modifying existing trade agreements which the president promised to reform paying heed to warnings about the effect of the financial collapse of these trading partners, using concerns about our 'national security' as justification.

Will some of these nations who are looking for a favorable trade deal with America be deemed 'too big to fail' by our government?
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