Despite Pledges, Protectionism on the Rise

Posted April 19th, 2009 by Jane Aitken

Not to be fooled by the global manipulators of the economy, many countries are stepping up protectionism, even while they are pledging to do the opposite.

Meanwhile Obama, having ditched the idea that America should make itself and its people a priority, gives away the American store, and hands control of our economic sovereignty over to the banking cartel.

"Moving to shield battered domestic manufacturers from foreign imports, Indonesia is slapping restrictions on at least 500 products this month, demanding special licenses and new fees on imports. Russia is hiking tariffs on imported cars, poultry and pork. France is launching a state fund to protect French companies from foreign takeovers. Officials in Argentina and Brazil are seeking to raise tariffs on products from imported wine and textiles to leather goods and peaches, according to the World Trade Organization."

Apparently the push toward world order isn't working out so well for some as they discover the wonders of capitalism...