Albert Maslar / May 13, 2013

Obama EU Trade Agreement Ticket to One World Order

President Obama is not content with his malfunctioning ObamaCare that wasted a precious two years of legislative time while the country was drowning in deficit and debt. Now that deficit and debt are still unresolved, Obama is up to his neck in quicksand with pending gun and immigration legislation, both probably politically doomed to failure.

Obama opens yet another Pandora Box as he advocates for the US and European Union (EU) for the Transatlantic Trade and Investment Partnership (TTIP). Supposedly this joint venture would help both stagnant static economies that exchange about $1 trillion in goods and services each year and account for over 50% of the global gross domestic product (GDP) or 40% of global GDP in purchasing power. British Prime Minister David Cameron capping off a joint statement with Obama strongly lobbied for the TTIP.

Both the US and the 27-nation EU are grappling with persistent high unemployment and relative stagnation, but the idea that further reduction of low tariffs and trade barriers could reinvigorate elements of both economies does not pass the sniff test.

Expanding already broad trade between the US and EU is like losers trading with losers and expecting to generate a winner. Synergism cannot work with both entities losing to begin with. How are they going to make a profit off each other? Complicating that thought is Obama’s statement today that more competition and free trade will be created, but how that helps both to grow off each other remains a mystery.

A study conducted by the US Chamber of Commerce suggests that eliminating transatlantic tariffs alone “would boost US-EU trade by more than $120 billion within five years,” still a relative drop in the bucket that projects to add an average of only 1% to GDP of both entities, and that is, if all goes well and according to plan. When the 27 EU countries want to help each other while helping themselves, helping themselves might be the operative word.

What is behind the curtain is what all this US/EU trade bluster is all about, just the needed ticket for President Barack Obama to claim his place in the pending One-World Order. Unlimited unencumbered trade between the US, EU, and UK might look good on paper but that is the Obama modus operandi in which nothing is what it looks like, as exemplified by the atrocious budget-busting ObamaCare. Obama’s name on any idea or legislation should be the red flag warning of impending danger.

Start a conversation using these share links:

Who We Are

The Patriot Post is a highly acclaimed weekday digest of news analysis, policy and opinion written from the heartland — as opposed to the MSM’s ubiquitous Beltway echo chambers — for grassroots leaders nationwide. More

What We Offer

On the Web

We provide solid conservative perspective on the most important issues, including analysis, opinion columns, headline summaries, memes, cartoons and much more.

Via Email

Choose our full-length Digest or our quick-reading Snapshot for a summary of important news. We also offer Cartoons & Memes on Monday and Alexander’s column on Wednesday.

Our Mission

The Patriot Post is steadfast in our mission to extend the endowment of Liberty to the next generation by advocating for individual rights and responsibilities, supporting the restoration of constitutional limits on government and the judiciary, and promoting free enterprise, national defense and traditional American values. We are a rock-solid conservative touchstone for the expanding ranks of grassroots Americans Patriots from all walks of life. Our mission and operation budgets are not financed by any political or special interest groups, and to protect our editorial integrity, we accept no advertising. We are sustained solely by you. Please support The Patriot Fund today!

★ PUBLIUS ★

“Our cause is noble; it is the cause of mankind!” —George Washington

The Patriot Post is protected speech, as enumerated in the First Amendment and enforced by the Second Amendment of the Constitution of the United States of America, in accordance with the endowed and unalienable Rights of All Mankind.

Copyright © 2021 The Patriot Post. All Rights Reserved.

The Patriot Post does not support Internet Explorer. We recommend installing the latest version of Microsoft Edge, Mozilla Firefox, or Google Chrome.