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Related: About this forumProphetic Discussion - The Impact Of Globalization - GATT - Clinton's Contribution To American Decline
Cross-Posted From GD
Note the all too familiar "mumbo jumbo" from Clinton's lead economic adviser, Laura Tyson, in the middle of the interview.
Regrettably, Sir James was ignored in favor of Clinton's gift (GATT) to the transnational corporations.
In the end, America and the world has suffered at the hands of the 1%.
1994 Interview - Sir James Goldsmith - Charlie Rose - Part 1
1994 Interview - Sir James Goldsmith - Charlie Rose - Part 2
1994 Interview - Sir James Goldsmith - Charlie Rose - Part 3
1994 Interview - Sir James Goldsmith - Charlie Rose - Part 4
1994 Interview - Sir James Goldsmith - Charlie Rose - Part 5
1994 Interview - Sir James Goldsmith - Charlie Rose - Part 6
Sir James Goldsmith's book - The Trap
rhett o rick
(55,981 posts)cantbeserious
(13,039 posts)eom
Enthusiast
(50,983 posts)NYC_SKP
(68,644 posts)I'm middle 50's, lived all over including Berkeley and NYC in their academia, (but also worked in the trades).
I remember people in the 70s planning to "do good things" but they would first have to make a lot of money and become connected.
Like the means would justify the ends, "don't hate me cuz I'm rich, bro, I'm positioning myself" kinds of rationalization.
Add to that the egomania and addiction to attention, and you get the picture.
The Clintons and their global bullshit, Tata, Walmart, outsourcing, etc., etc., and you get the picture.
How in the hell is this much different from "a rising tide lifts all boats"????
Fuck them.
Thinkingabout
(30,058 posts)cantbeserious
(13,039 posts)eom
Populist_Prole
(5,364 posts)I remember when he and others would infuriate me by using the same free-trade boilerplate and plattitudes over and over and over. Stuff that was proven to be BS even back then. With such condescention too, as if anyone who opposed the idea was a luddite that wanted to "build a wall around the US". Smoot-Hawley blah blah blah. Pushing "exports exports exports" as a way of evening the trade deficit, while ignoring the job killing "imports imports imports".
Hell, when the trade defecit didn't go down and in fact got even higher, they changed their tune to basically "so what?". Lower prices for consumers! Comparitive advantage. Blah. Blah. Blah.
I'm STILL pissed off.
Enthusiast
(50,983 posts)It's high time we held those responsible for these horrible trade policies accountable. The Clinton Administration has no credibility on this issue. Zero.
swilton
(5,069 posts)reminiscent of the lies pushed in support of the Iraq War - yes foreign military policy is distinct from economic policy....But the PR job and the lies involved are identical.....
I didn't pay attention to this because at the time I was a working single mother of two. But as a retiree in a small town with high unemployment and zero housing market, I certainly see and feel the ramifications now.
Clinton and Tony Blair were similar bedfellows in their destruction of the middle class - I heard it said that Margaret Thatcher's greatest achievement was her new Labor creation/protégé of Tony.
heaven05
(18,124 posts)and how it has helped destroy jobs in america, explained lucidly and completely. And EVERYTHING Sir James prophesized has come true and is continuing. This interview shows, to me, that Democratic leaders of the 'third way' philosophy don't care about the 99%. If they did maybe that would have offered an alternative to GATT. Oh, I know, it would have been implemented anyway, whether republican or democratic administration were involved. Corporations rule. Gee, what an eye opener about billy's administration. 47 to 1. Think the corporations taking advantage of our capitalist system don't like those profits. They are in the board rooms 24/7 while the 47 are and getting thrown out of their homes. Capitalism as applied today is heartless and democratic 'leaders' are helping to facilitate this tragedy only continually since GATT and NAFTA.
Populist_Prole
(5,364 posts)When the third way basically decided and said that the democratic party's traditional role of representing the working class may no longer be viable, from a financial standpoint, where finances equate party viability vis-a-vis the GOP.
They just basically tried to triangulate by seeking more corporate money and then attempting to keep people loyal to the party by being more socially liberal and throwing some crumbs in that direction. They also did this with the full knowledge that as mad as the working class will get, who the hell will they vote for? Not republicans; they're much worse. If they did even address the net loss of jobs due to trade, their fix wasn't less of it, but rather via redistrubution programs. Robert Reich was really big on that angle back then. He shushed any attempts to point to trade as the problem.
Sounds noble in the abstract sense, but it still stinks in real life.
Not good at all.
truedelphi
(32,324 posts)Not that it is a bad goal but what about the following?
Meanwhile, Amazon will no longer need delivery drivers, as they will use drones for book deliveries.
And why do you think we are seeing these smart cars featured on all the commercials? In a matter of years, truck drivers will be a thing of the past.
JDPriestly
(57,936 posts)the consequences.
Sir Goldsmith was right about GATT based on this conversation.
His 1994 predictions in this interview:
1) billions of refugees. True. Think of the children, just children, trying to enter the US illegally this year. And they are only the tip of the iceberg of international immigration.
2) fewer (good-paying) jobs in the formerly industrialized (my words) world
3) If GATT passes, jobs will be lost in the industrialized world.
A handful of people in the oligarchy in the industrialized world will win.
Who will lose: The poor in the rich countries who will subsidize the rich people in underdeveloped countries.
I note that the politically correct language today for what we used to call "underdeveloped countries" is "third-world countries."
That new term, "third-world countries" avoids having to mention the fact that the US and even parts of Europe can no longer be described as "industrialized" as we have very little industry left.
Young people do not know what industrialized America was like.
There was more pollution, but there were many, many more jobs that paid a living wage.
Sir Goldsmith was right. Every trade agreement cuts a little deeper into the social stability in the US. Our families become less secure. Our workers become less independent. We as a nation become more paranoid and more class conscious.
When I was growing up, I did not think about class. I read Ayn Rand and Marx. I laughed at both. We were a country dominated by a healthy, productive middle class. No more. In recent years I have begun to realize that we have become a country run by a greedy, power-hungry oligarchy that could care less about the health of families, children and the elderly who are not in their class. They want a pay-to-play economy. They are oblivious to all those yearning to be free who are left out. I'm not talking about immigrants. I am talking about Americans who yearn to be free from debt, from overcrowded housing, from having to pay to drive in the fast lane on the freeway, for school, for everything that used to be affordable and used to make our lives good.
I feel sorry for those of you who have grown up or become politically conscious since Nixon. You have witnessed the decline of America. You did not witness the height of it.
Sir Goldsmith tried to warn us to at least avoid or slow the last stages of that decline, but the Clinton and Obama administrations have ignored the warnings.
Sir Goldsmith even warned about the danger of the derivatives. What a brilliant, farsighted man. I really appreciate the posting of this video.
drynberg
(1,648 posts)rhett o rick
(55,981 posts)zeemike
(18,998 posts)Because then we wold not realize how wrong they were and how right the critics were... and we might not fall for it again.
Enthusiast
(50,983 posts)Enthusiast
(50,983 posts)Her husband's trade policies destroyed the American worker. Listening to the whining Clinton Administration representative is enough to make me sick.
I watched this once prosperous nation lose vital manufacturing due to these trade policies.
This wholesale loss of manufacturing is only growing worse.
Either you are for good paying manufacturing jobs in this nation or you are not. We now know Goldsmith was correct on every assertion and the Clinton Administration was wrong, dead wrong. And they should have to answer for it.
truedelphi
(32,324 posts)Didn't she and Bill constantly claim they were Co-Presidents? With Bill remarking that in voting him in, it was a "two fer" ??
US Constitution prohibits anyone from serving more than two terms.
Enthusiast
(50,983 posts)my dearly departed mother kept reminding me if we would elect Hillary we would get two for one. I would fight her tooth and nail over Obama vs Hillary. I was such a passionate Obama supporter, lol, and such an idiot.
truedelphi
(32,324 posts)Felt a sense of optimism. THis household rolled back the carpet and danced away the night, while watching the festive crowds in Grant Park get jiggy with having a new President.
And then after Obama gets elected, he makes Hillary Clinton Secretary of State. I groused about that appointment at the time, not realizing that far worse ws this decision of his: he then kept on one of the top fascistas from Georgie Porgie's Administration, letting her continue being second in command at State Department. (Forget the woman's name, but Jeeze Louise!)
mother earth
(6,002 posts)good stuff!
cantbeserious
(13,039 posts)eom
antigop
(12,778 posts)cantbeserious
(13,039 posts)eom
L0oniX
(31,493 posts)truth2power
(8,219 posts)supercats
(429 posts)Elegant and profound. He knew what he was talking about. I especially liked how his central theme showed a humane way of stabilizing societies. And if you don't ( which is what happened) you're ruining societies worldwide. It was interesting to watch how he was so spot on and Laura Tyson didn't have a clue. I want to go read his book now.
truedelphi
(32,324 posts)And it is also interesting to me that Rose had on his program someone opposed to NAFTA and GATT. He has not had on his show today, anyone discussing TTP, that I know of.
KoKo
(84,711 posts)SamKnause
(13,108 posts)Thank you so very much for posting these videos.
After watching them all, I have the overwhelming desire to slap Charlie Rose across his face !!!!!!!!!!!!!
cantbeserious
(13,039 posts)eom
canoeist52
(2,282 posts)He can barely control his anger. How many times did he announce that "we're running out of time"? Charlie Rose certainly knew who was paying his bills.
Octafish
(55,745 posts)http://www.democraticunderground.com/10022416498
Enthusiast
(50,983 posts)cantbeserious
(13,039 posts)eom
cprise
(8,445 posts)Armstead
(47,803 posts)In addition to Goldsmith being totally accurate, it show how Obama. Clinton and the other shills for "free trade" are still selling us the same snake oil that was being peddled back when this video was made....And we know how that has turned out in the yers since then
navarth
(5,927 posts)cantbeserious
(13,039 posts)eom
navarth
(5,927 posts)Can it be re-posted? I'll kick it every time I see it.
cantbeserious
(13,039 posts)eom
cantbeserious
(13,039 posts)eom
druidity33
(6,446 posts)My internet can't handle video...
cantbeserious
(13,039 posts)daleanime
(17,796 posts)and bookmarked.
wildbilln864
(13,382 posts)LeftishBrit
(41,208 posts)but I do feel qualified to comment on the late Sir James Goldsmith; and I'd be cautious about using anything he says as evidence for anything much. Like a broken clock, he may have been right twice a day; but he was best known in the UK as a mostly-RW nut (his opposition to globalization was partly based on a dislike of immigrants) and a billionaire who used his money to dabble in politics in a dilettante-ish fashion. Think of a British version of Ross Perot and you may get the idea. He was VERY much a member of the 1% himself.
In the UK, he was one of the first of those who corrupted what started out as the perfectly reasonable concerns that many of us had about our membership of the EU into a form of proto-teabaggerish demagoguery.
cantbeserious
(13,039 posts)Like all humans, I am sure that Goldsmith had faults.
However, his comments about the impact of Globalization and Jobs is felt everyday in the US.
I live in what is called the Rust Belt of the US.
Everyday, I drive by former factories that have been outsourced to other parts of the world.
People here mark time by the day the factories shut down.
Goldsmith rings true for many in the US.
Enthusiast
(50,983 posts)"I live in what is called the Rust Belt of the US."
Me too.
WhoIsNumberNone
(7,875 posts)cantbeserious
(13,039 posts)eom