[Congressional Record Volume 143, Number 157 (Sunday, November 9, 1997)]
[House]
[Page H10425]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
{time} 1415
AMERICA NEEDS RECIPROCITY, NOT DUPLICITY, IN TRADE
(Mr. PASCRELL asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. PASCRELL. Madam Speaker, the supporters of fast track never
discuss the massive trade imbalance which grows every year, never. This
reflects job loss in America. The supporters are good, very good, at
denigrating organized labor's efforts to defeat fast track. Organized
labor has a vested interest. The jobs of members in various unions and
the jobs in nonunion workplaces are at stake.
Why is their effort a special interest, and the expenditures of
millions by multinational corporations simply ``in the best interests
of the American economy?'' How can some Members of this House who
vehemently defend the sovereignty of our Nation with foreign powers now
surrender the oversight of the trade deal implementation to the World
Trade Organization?
The WTO has just ruled in favor of Costa Rica and India on textile
matters. What are we doing for our own sovereignty? Why sell us out
again? Reciprocity, Mr. President, reciprocity, Mr. Speaker, not
duplicity. Vote ``no'' on fast track.
____________________