Tuesday, May 8, 2007

Bush Marches Lock-Step

President Bush signed an agreement creating a "permanent body" that commits the U.S. to "deeper transatlantic economic integration," without ratification by the Senate as a treaty or passage by Congress as a law. The "Transatlantic Economic Integration" between the U.S. and the European Union was signed April 30 at the White House by Bush, German Chancellor Angela Merkel Рthe current president of the European Council Рand European Commission President Jos̩ Manuel Barroso.

The document acknowledges "the transatlantic economy remains at the forefront of globalization," arguing that the U.S. and the European Union "seek to strengthen transatlantic economic integration." The agreement established a new Transatlantic Economic Council to be chaired on the U.S. side by a cabinet-level officer in the White House and on the EU side by a member of the European Commission. The current U.S. head of the new Transatlantic Economic Council is Allan Hubbard, assistant to the president for Economic Policy and director of the National Economic Council.

The Transatlantic Economic Council was tasked with creating regulatory convergence between the U.S. and the EU on some 40 different public policy areas, including intellectual property rights, developing security standards for international trade, getting U.S. GAAP (Generally Accepted Accounting Practices) recognized in Europe, developing innovation and technology in health industries, implementing RFID (Radio Frequency Identification) technologies, developing a science-based plan on bio-based products and establishing a "regular dialogue" to address obstacles to investment.
  • JJ Commentary: Unfortunately, President Bush continues to march lock-step to the drum of the New World (Dis)Order and their end-time plan for a one-world government.

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