Reform Party Stands Against SAVE Act

Sent to IPR August 9th by Nicholas Hensley:

The Reform Party issued the following press release and blog post against the SAVE Act:

Press Release on the SAVE Act

For Immediate Release – According to the media and inside sources, the Save our Industries Act (SAVE Act) will be reintroduced in the 113th Congress. A blog post on www.saveourindustriesact.comindicates that the Philippine Embassy has intensified its engagement about this issue as of March 16th. Filipino Ambassador Cuisia met with a congressional delegation led by the Chairman of the House Foreign Affairs Committee, Republican Representative Ed Royce. During this meeting, Ambassador Cuisia lobbied in support of the SAVE Act.

This act would extend free trade to Filipino factories that produce textiles by cutting tariffs and other trade barriers. The SAVE Act would open the door for these factories to dump an estimated four billion dollars worth of products into the American markets.

The Reform Party stands against the SAVE Act and other extensions of free trade. Since the start of free trade agreements with NAFTA in 1992, America’s trade deficit rose from 39.2 billion dollars to 559.8 billion in 2011, or an increase of over 1428 percent. The increase in this deficit was caused by the outsourcing of jobs, and the exploitation of unregulated environments and labor overseas.

Further information about the Reform Party and its stance on trade agreements can be found at our website www.reformparty.org or by contacting us at info@reformparty.org.

For Further Information contact:

David Collison

email: chairman@reformparty.org

Reform Party Stands Against the Save Our Industries Act

The Reform Party of the United States stands against expanding free trade. The Filipino government wrote and delivered a bill, the Save Our Industries (Save Act), to the US Congress that will expand free trade between their country and ours. This is wrong on two levels.

The Reform Party does not oppose trade with the Philippines, and embraces trade that mutually benefits all countries involved. The problem with this trade deal is that it would open the door for Filipino factories to dump an estimated four billion dollars worth of products into the American markets at the cost of American manufacturing jobs.

Since the start of free trade agreements with NAFTA in 1992, America’s trade deficit rose from 39.2 billion dollars to 559.8 billion in 2011, or an increase of over 1428 percent. The increase in this deficit was caused by the outsourcing of jobs, and the exploitation of unregulated environments and labor overseas.

Secondly the SAVE Act was no written by US lobbiests, lawmakers or citizens. It was written by foreign interests and the Filipino government, and being lobbied for by the Philippine Trade and Investment Center, a proxy of the Embassy of the Philippines. The fact that foreign interests can hand a bill to US Congressman and lobby on its behalf gives foreign interests too much influence over domestic interests.

This bill must be stopped. American cannot afford to lose more manufacturing jobs to Free Trade, and allow foreign interests to meddle with American economic policy.

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