The list of statements of support for the Korea Trade Agreement the White House sent out last night tells you a lot about what you need to know about the trade agreement. Among others on the list are Tom Donohue, whose laundering of foreign money into election coffers had a significant role in the shellacking Democrats took in November. Donohue thinks this deal is great:
This agreement will create thousands of new jobs, advance our national goal of doubling exports in five years, and demonstrate that America is once again ready to lead on trade. The administration has done its part. Now it’s time for the new Congress to make passage of KORUS a top priority in January. We will do everything in our power to round up the votes.
Then there’s John Engler, who for a while as head of the National Association of Manufacturers instituted a policy of refusing to meet with Democrats.
Then there’s the CEOs of credit card nation, Vikram Pandit and Jamie Dimon.
But to me, the most telling endorser of this agreement is Dick DeVos, the CEO of Amway and perennially one of the biggest single funders of the Republican Party. DeVos is thrilled because this will help Amway meet their growth targets.
Like most companies, we support a more competitive playing field. This new trade agreement allows Amway to continue meeting aggressive growth targets, and gives a much needed boost for all export business in Michigan.
So we’re going to push through this trade agreement so Dick DeVos can expand his pyramid scheme, get richer, and funnel that money into the Republican Party.
But then, I guess that’s what Pandit and Dimon have in mind, too.