Excellent article, but with one major oversight. The WTO also established rules for financial institutions that pry open lesser countries for banksters and their toxic products. The US and the EU were and are major beneficiaries of this scheme of debt and usury.
The section on financial institutions was never ratified by our Congress, yet contains billions and billions of penalties should we want to withdraw from this section.
One of the authors and implementers of that section was Timothy Geithner. Here are two pieces at Dandelion Salad, "Greg Palast busts the WTO + World Trade Organization Risks Financial ‘China Syndrome."
The WTO is about a lot more than food and trade... a lot more!
Nov 30 2009 - 8:10pm