Quote:
Originally Posted by Webby
Oh shit  This is going to get nasty....
Already the US govt is on a collison course with the WTO over "restrictive trade practices" in placing obstacles to gaming transaction money movements across borders - now they appear to be jumping into the frying pan and playing hardball with major financial institutions....
Awesome stuff - and to what end?? *lol*
PS Hope they don't want more credit and IOU's issued by these banks :-) |
I was laughing when I got to your post, because I knew that you were going to get out the out WTO saw.
Here is some news for you: The US for many years charged an unfair levy on all softwood lumber entering the US from Canada, even though we have both a free trade agreement and the WTO. Numerous WTO judgements went against the US, and they continues to charge the levy. Now it is to the point where the Canadian government (wimps) are giving in and negotiating what the amount of the levy should be. With all the WTO judgements they can get, they still cannot get the US to change it's mind, and nobody wants the use out of WTO because then it would collapse altogether.
So the WTO argument is worth less than the time it takes you to type. Please try again.