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Snapshots.

The New American

| July 26, 2004 | COPYRIGHT 2004 American Opinion Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

NAFTA's Effect on Jobs in Maine "It's killing us. Something's got to be done."--Congressman Michael Michaud (D-Me.) discussing NAFTA's effect on the paper industry in Bucksport, Maine Boston Globe, March 28, 2004

Trojan Horse NAFTA Tribunal "If Congress had known that there was anything like this in NAFTA, they would never have voted for it."--Abner Mikva, former congressman and federal judge who now serves as a judge with a NAFTA tribunal. which claims that its rulings under NAFTA's Chapter 11 supersede state and federal law jurisdiction New York Times, April 18, 2004

Do You Believe Him? "When we debated NAFTA, not a single word was uttered in discussing Chapter 11. No one really knew just how high the stakes would get."--Senator John Kerry (D-Mass.) commenting on the claims made by the NAFTA tribunal New York Times, April 18, 2004

Understatement of the Year "There is surely something odd about the world's greatest power being the world's greatest debtor."--Lawrence Summers, former Secretary of the Treasury and current President of Harvard University quoted in the Wall Street Journal, April 26, 2004

Even Johnnie and Susie Owe Plenty "The good news is that as of September 30, 2002, we had about $1 trillion in reported assets. The bad news is that we had almost $8 trillion in reported liabilities. According to my math, that left us with an approximate $7 trillion accumulated deficit, or a little over $24,000 for every man, woman, and child in the United States."--David M. Walker, U.S. Comptroller General during his September 17, 2003 speech in Washington, D.C.

Borrowing the Rope ... "The Chinese are now the second-largest foreign holders of U.S. Treasury securities (after Japan), with almost $150 billion as of January 2004--and $220 billion if you include Hong Kong's holdings."--Jack White, financial analyst, and UCSD Professor Doug Ramsey Barron's, April 5, 2004

Whistleblower Speaks Out About 9-11 "I saw papers that show U.S. knew al-Qa'ida would attack cities with airplanes. [Condoleezza Rice's claim that there was no information about using airplanes as missiles is] an outrageous lie."--Sibel Edmonds, former FBI translator discussing the top-secret work she did immediately after the 9-11 attack London Independent, April 2, 2004

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