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House Proceeding 05-19-09 on May 19th, 2009 :: 0:21:55 to 0:25:45
Total video length: 3 hours 15 minutes Stream Tools: Stream Overview | Edit Time

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Walter B. Jones

0:21:52 to 0:22:12( Edit History Discussion )

Walter B. Jones: reigns of power in this country and it's time the american people reassumed that power to themselves. i yield back my remaining time. the speaker pro tempore: mr. jones of north carolina. for what purpose do you rise? >> i rise to speak at this time, mr. speaker. the speaker pro tempore: north carolina is recognized for five minutes. mr. jones: mr. speaker, i rise

Walter B. Jones

0:21:55 to 0:25:45( Edit History Discussion )
Speech By: Walter B. Jones

Walter B. Jones

0:22:13 to 0:22:37( Edit History Discussion )

Walter B. Jones: today to discuss the proposed united states-panama free trade agreement. it's very disappointing to see that the president intends to follow the broken trade agreement of the previous administration. by pushing congress to approve the panama free trade agreement. we've had 15 years of the nafta-based trade model on which the panama agreement is based and the results are in.

Walter B. Jones

0:22:38 to 0:22:59( Edit History Discussion )

Walter B. Jones: we now have $1207 billion annual trade deficit with mexico and the other 15 nations with which we have free trade agreements. since the passage of nafta, the united states has lost over 4.5 million manufacturing jobs, over 364,000 in my home state of north carolina alone. we are in the worst recession since the great depression,

Walter B. Jones

0:23:00 to 0:23:20( Edit History Discussion )

Walter B. Jones: unemployment is rising and may soon be over 10%. the last thing this country needs is another free trade agreement that will cause more good-paying american jobs to be outsourced, but sadly that's exactly what the panama agreement will do. why is that the case? one of the primary reasons is because the deal fails to level the playing field for u.s.

Walter B. Jones

0:23:21 to 0:23:41( Edit History Discussion )

Walter B. Jones: producers. let me give you one product as an example, seafood. one of the biggest industries in my district is commercial fishing. the sector has been hammered by a flood of imports from overseas, including panama. panama's number one export in the united states is fish and seafood. they export over $100 million

Walter B. Jones

0:23:42 to 0:24:03( Edit History Discussion )

Walter B. Jones: worth of fish and seafood to the united states each year. that's more than 50 times the amount that the united states exports to panama. their top experts -- exports include seafood caught by north carolina fishermen, including shrimp and yellow fin tuna.

Walter B. Jones

0:24:04 to 0:24:25( Edit History Discussion )

Walter B. Jones: with panamanians having a huge advantage over united states fishermen in terms of balance of trade, one would think the least united states negotiators could insist upon would be a level playing field so our fishermen would have the same ability to access the panamanian market as their fishermen have to our markets.

Walter B. Jones

0:24:26 to 0:24:46( Edit History Discussion )

Walter B. Jones: sadly, that's not the case. according to the united states in a national trade adnistration, while 100% of imports from panama receive duty-free treatment immediately upon implementation of the agreement, only 8 % of u.s. exports to panama will receive

Walter B. Jones

0:24:47 to 0:25:08( Edit History Discussion )

Walter B. Jones: duty-free treatment immediately upon implementation. duties would not be eliminated for 10 years. how is that a level playing field, the simple answer, it is not a level playing field and the unfortunate result of provisions like this would be the loss of even more united states jobs. mr. speaker, poorly negotiated

Walter B. Jones

0:25:09 to 0:25:30( Edit History Discussion )

Walter B. Jones: trade deals with panama are one of the main reasons our country finds its employment base shriveling and our economy in shambles. passing this agreement is bad for america, especially at this perilous time and i encourage the administration to rethink

Walter B. Jones

0:25:31 to 0:25:46( Edit History Discussion )

Walter B. Jones: its position before asking congress to approve the panamanian trade ayeement. i do want to ask god to continue to bless our men and women in uniform in afghan stand and iraq and to bless the

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