Like the new Democratic party under Barack Obama, Venezuela’s socialist government believes that free trade is the cause of, not the solution to poverty. Venezuelan embassy spokesman Gladys Urbaneja Duran, told the UN food summit in Rome that the current food crisis “is the biggest demonstration of the historical failure of the capitalist model. The main reason for the rise in food prices isn’t growing demand from the Indian and Chinese markets, or the rise in petroleum prices. The main reason is that food has been turned into yet another …
As bad as many conservatives thought the Clintons were, at least they helped forge a bipartisan consensus on free trade. They helped pass NAFTA and demonstrated leadership in helping to create the World Trade Organization. But now that Bill and Hillary Clinton have been pushed aside, Sen. Barack Obama’s Democratic Party is proudly announcing that it has every intention of becoming fiercely protectionist. This at a time that the U.N. chief Ban Ki-moon is calling for renewed leadership on free trade to help solve the world hunger crisis. According to …
