Power And Dollar

Fatal Beating, Doha, 2008 Presidential Election

This fatal beating can stage the next round of assaults between McCain and Obama regarding free trade.  The interesting news about free trade actually did not get reported in American media, although it may fuel the debate well.  The Doha round of WTO negotiation just failed.  A failed negotiation will affect American economy just as much as a successful one.  Here is a synopsis of the effects:

 

Winners:

 

Farmers in developed countries who receive exporting subsidies: America, EU, Japan, Suitland.  Subsidies to farmers will continue to be in place, ie McCain. 

Developing countries’ manufacturers who are defending their domestic markets, esp. China and India.

ASEAN and other inter-government market coordinating organizations.

Cotton producing states, ie McCain.

 

Losers:

Agriculture exporters who planned to export to China, India, US and other developed countries as well as developing countries: Brazil, Canada, Australlia

Most industries in under developed countries who planned to export to developed countries and emerging markets.  

Manufacturing industries that expect to enter India and Brazil markets: most industries in US, EU and China.

Telecom, banking (Citi) and insurance (AIG, Sunlife, Manulife) industries from the developed countries (America, EU, Japan) that wish to enter developing counties.

Cotton producing countries expected to enter US market, such as Mali, Chad.

 

Obama can still make it an anti-Bush issue since it highlights the inability of Bush to compromise with others.

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July 31, 2008 - Posted by | activism, advocacy, Barack Obama, business, China, Current Events, Democrats, economics, election, Election 2008, John McCain, mccain, nonprofits, obama, opinion, politics, Republican, wordpress-political-blogs

2 Comments »

  1. O’Reilly Factor bombshell

    Dick Morris slips and states that the only way McCain can win is by scaring the electorate enough in order to demonize Obama!

    Get all the details of that conversation @

    AmericaLives.wordpress.com

    How do you think the Obama campaign should respond, and do you think that this is truly the only way that McCain can win? Doesn’t the center have more options than Morris gives him credit for ?

    Comment by americalives | July 31, 2008 | Reply

  2. Do not try to live forever. You will not succeed.GeorgeBernardShawGeorge Bernard Shaw

    Comment by 9/11 Commission | August 1, 2008 | Reply


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