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As a quick recap: Right now, the President is finishing up the Trans-Pacific Partnership, a trade deal covering 40% of the world’s economy. It was negotiated with the help of 28 working groups, but here’s the scary part: 85% of the people in those groups are corporate executives or corporate lobbyists. I’m not against trade – but a tilted process produces a tilted product, and I’m really worried about a trade deal that works for big, multinational corporations and leaves everyone else in the dirt.
The vote is expected to be close, and many Democrats are angry about a funding mechanism contained in the Senate version of the bill that would pay for a worker retraining program by taking money from Medicare. On Thursday afternoon, Warren e-mailed her liberal supporters, imploring them to call their representative and urge a “no” vote on the trade bills. “We have one last chance to stop Fast Track on trade—right now!” Warren writes.
How do corporate lobbyists get around Congress when their billionaire masters want to destroy regulations that protect workers, our environment, and keep jobs here in the United States?
Easy. They simply prevent Congress from debating and voting on such protections by attaching them to a massive trade deal and then pressuring them to “fast track” that deal's approval. As if we didn't have enough reasons to be against the Trans Pacific Partnership – aka SHAFTA – now we have to fight that deal's international rules which would further rig the system for the one percent.
Apparently the corporate elite aren't satisfied with the pro-business, anti-worker legislation that Republicans in Congress have already enacted. The billionaires want to go further, and they don't even want their congressional lapdogs to tinker around the edges - much less allow opponents to make meaningful amendments.
The TPP is being negotiated in secret, and the American public is being kept in the dark about what it contains. But, as Katrina vanden Heuvel explained last week in the Washington Post, “500 corporations and banks sit on advisory committees with access to various chapters.
In other words, we're not allowed to see the deal that could undermine our nation's economy, but the corporate elite get to negotiate the details. SHAFTA supporters claim "there's nothing to see here!" - because they've had such a great track record of operating in the public interest.
In reality, the Trans Pacific Partnership threatens American jobs, American sovereignty, and the little that remains the American middle class. This massive trade deal poses a serious threat to our nation, and we must do everything in our power to make sure that it does not become reality. - See more at: www.thomhartmann.com...
edit on 11-6-2015 by Willtell because: (no reason given)
In other words, we're not allowed to see the deal that could undermine our nation's economy, but the corporate elite get to negotiate the details. SHAFTA supporters claim "there's nothing to see here!" - because they've had such a great track record of operating in the public interest.
In reality, the Trans Pacific Partnership threatens American jobs, American sovereignty, and the little that remains the American middle class. This massive trade deal poses a serious threat to our nation, and we must do everything in our power to make sure that it does not become reality. - See more at: www.thomhartmann.com...
originally posted by: butcherguy
a reply to: babybunnies
So Obama sucks enough that you are calling him a Republican?
originally posted by: butcherguy
a reply to: babybunnies
So Obama sucks enough that you are calling him a Republican?
originally posted by: ugmold
I can't believe our tired-ass Country has no idea this is going on as we muck-rake to our demise.
As a quick recap: Right now, the President is finishing up the Trans-Pacific Partnership, a trade deal covering 40% of the world’s economy. It was negotiated with the help of 28 working groups, but here’s the scary part: 85% of the people in those groups are corporate executives or corporate lobbyists. I’m not against trade – but a tilted process produces a tilted product, and I’m really worried about a trade deal that works for big, multinational corporations and leaves everyone else in the dirt.
The vote is expected to be close, and many Democrats are angry about a funding mechanism contained in the Senate version of the bill that would pay for a worker retraining program by taking money from Medicare. On Thursday afternoon, Warren e-mailed her liberal supporters, imploring them to call their representative and urge a “no” vote on the trade bills. “We have one last chance to stop Fast Track on trade—right now!” Warren writes.
Ya good luck with the last ditch effort, should have been screaming about it every day.
Read more at Bloomberg
originally posted by: xuenchen
a reply to: babybunnies
I think Canada is neck deep in the TPP too.