Canada-U.S-Mexico Agreement

Financial Oligarchy Strengthens Its Grip on North America

Representatives from the governments of Canada, Mexico and the U.S. signed the revised new North America Free Trade Agreement, known as the Canada-U.S.-Mexico Agreement (CUSMA) in Mexico City on December 10. A faction of the financial oligarchy, represented politically by the Democratic Party in the U.S., refused to ratify the first CUSMA signed in November 2018 because President Trump made it appear as a personal victory of sorts. The current CUSMA made minor changes to the first one and the Democrats loudly announced their support for it in Congress as a victory over Trump, coincidentally on exactly the same day, December 10, they presented Articles of Impeachment of the President in the U.S. House of Representatives "for high crimes and misdemeanours."

No to Integration into Fortress North America! No to the Repression of Rights in the Name of Security! Our Resources! We Decide!

The use of CUSMA as a weapon in the deepening civil war between factions of the financial oligarchy shows how Canada and Mexico are being drawn into the U.S. political infighting through their integration into Fortress North America. Former President Obama made this clear as well when he directly intervened in the recent Canadian federal election with his loud and public endorsement of Trudeau. President Trump, with obvious contempt, later denounced Canada as "slightly delinquent" in its defence spending and Trudeau as "two-faced."

CUSMA confirms politically the economic domination of a financial oligarchy and its private enterprises over all three economies in North America and the negation of national sovereignty. CUSMA makes official the control of the financial oligarchy over Fortress North America as a base for its striving for hegemony over the entire world.

Canadians should ask themselves what problem CUSMA solves. The agreement blocks the people taking action to solve problems as they pose themselves in any sector, region or sovereign country. In fact, CUSMA prohibits the people from raising any issue in the economy, either socially or politically, that may infringe on the right of the financial oligarchy to pursue its aim of maximum private profit.

The U.S. President uses "national security" to impose tariffs on Canada and Mexico contrary to existing arrangements, when this suits the financial oligarchy. The U.S. considers that its right to attack Canadian softwood lumber, steel and aluminum etc. goes without saying. The right of the financial oligarchy to close factories such as the GM plant in Oshawa, and stores such as RONA and Sears, and destroy entire sectors is sacrosanct because the private property rights of the rich oligarchs are sacred and enshrined in both the old and new NAFTA and affirmed in practice. This and CUSMA reveal a situation where anarchy and violence prevail and "might makes right" is the ruling dictum, where those with the greatest social wealth control all aspects of life and the people must obey.

CUSMA marks another step in the integration of Canada and Mexico into Fortress North America under the rule of the financial oligarchy and the massive U.S. Military, intelligence agencies and Homeland Security.

The mass media hype for CUSMA, and promotion of certain political figures associated with it, reveal that the agenda, concerns and rule of the financial oligarchy are in opposition to the agenda, concerns and rule of the peoples of North America and their desire for democratic renewal and empowerment. The rule, outlook and aim of the financial oligarchy are imposed on the people with the force of constant repetition and exclusion of all alternatives. In the face of the media hype promoting the suffocating anti-social agenda of the financial oligarchy and its political representatives in the cartel parties, the people have to strengthen their independent politics, organizations, thinking, agenda and media.

The people did not decide to have CUSMA and Fortress North America and that is the problem. The financial oligarchy deprives the people of their right to decide and control those affairs that affect their lives. Without control, the people are deprived of the right to decide and take action to solve the problems as they pose themselves. Without control, the nations are deprived of their sovereignty and become embroiled in the dogfights of the financial oligarchy and its striving for global domination.

CUSMA represents the negation of the right of the people to decide and should be soundly denounced and opposed.

Organize for Democratic Renewal and the Empowerment of the People
to Affirm Their Right to Decide!
All Out to Build the New!

(Photos: TMLW, F. Zuccarella)


This article was published in

Volume 49 Number 31 - December 14, 2019

Article Link:
Canada-U.S-Mexico Agreement: Financial Oligarchy Strengthens Its Grip on North America


    

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