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Panama Free Trade Agreement......What does Panama produce that benefits interests in the US?

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matmar Donating Member (191 posts) Send PM | Profile | Ignore Fri Sep-09-11 10:10 AM
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Panama Free Trade Agreement......What does Panama produce that benefits interests in the US?
Edited on Fri Sep-09-11 10:15 AM by matmar
Thom Hartmann says it's their Banking Secrecy Laws that allow for tax cheats to hide their money without it ever being disclosed...

Makes sense. US policy in Central America since the Smedley Butler days has been to make that area safe for "banking interests"...

"I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefits of Wall Street. The record of racketeering is long. I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-1912" - USMC Gen. Butler

Instead of using the military (which they still do in some cases) it's done with "Free Trade" agreements.

on edit: on the other hand, why would they need a Free Trade agreement to allow this? Aren't tax cheats doing this already, as in the notorious UBS scandal that resulted in the whistleblower going to jail?
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northoftheborder Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 10:13 AM
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1. This point needs to made over and over. thanks.
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