
After suggesting that he would invade our ally Pakistan and talk to our enemy Iran, Barack Obama has moved on to potentially damage our relations with Canada, our friendly neighbor and number one foreign oil supplier.
Under the terms of NAFTA, Canada is prohibited from cutting off oil exports to the US if there is a worldwide shortage or supply disruption unless supplies are also rationed to Canadian consumers by the same amount.
After the Hillary/Obama debate, Canada's trade minister pointed out that if NAFTA is re-opened, Canada might want to opt out of this clause, which would then leave Canada free to sell its oil to any other country for whatever price it could get.
Both Clinton and Obama have made a big issue out President Bush's alleged insensitivies to other countries. And now these two geniuses are blithely talking about canceling a trade agreement with our two neighbors on which both their economies now depend.
Are you suggesting that due to the NAFTA we somehow are getting our oil at a cut rate price's from Canada and Mexico,if you are please document it as looking at the figures we are paying the market price and as long as we are paying the market price there is no incentive to not sell it to us regardless of NAFTA.
No its time NAFTA was either renegotiated or put to bed one or the other,as the only one it has benefited are the corporations who have used this not only to suck the jobs out of the U.S. but also as a lever to cut the wages and benefits of the American worker.Nope that dog won't hunt...
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