In Rep. Alan Grayson’s (D-Florida) excellent 9 minute “Hollywood-produced” video he explains how we have "fake trade" and not "free trade" agreements.
"We're creating tens of millions of jobs in other countries with our purchasing power, while were losing millions of jobs here in America, because people in other other countries are buying THEIR own goods and services rather than ours. They’re not creating jobs in America, but they’re buying our assets — our stocks, our bonds, our mortgages, our homes, our farms, our coast lands, our big businesses and our small businesses."
He goes on to say that our debt to foreigners totals $35,000 for every man, woman and child in the U.S. — and that foreigners already own 7% of America's assets. (Last year deals worth at least $1 billion in
the U.S. merger-and-acquisitions market saw the number rise 43% from the year before.)
Rep. Alan Grayson's petition:
Maybe he could be Bernie Sanders' VP ;)