Friday, February 6, 2015

Why "Fast Track" (or TPP) is Such Bad News

"The TPP is a Trojan horse in the global race to the bottom, giving big corporations and Wall Street banks a way to eliminate any and all laws and regulations that get in the way of their profits."

~Robert Reich, former Labor Secretary under President Clinton




It seems that anytime we have some kind of "can't miss deal" regarding "trade", it winds up being a disastrous piece of legislation that goes against most of our interests.

Such was the case with NAFTA, which both Clinton and Bush I were for.

It has been the case with so-called "Globalization", which essentially is code for corporations being allowed to ship decent paying jobs off to poor, third world countries for much lower, borderline slave wages and working conditions.

And so it is now with the latest legislation, which has the backing of most of the United States government - including the White House.

That would be what is now being called "Fast Track" trading, more formally known as the Trans-Pacific Partnership (TPP).

Once again, this is a bill of goods that is being sold to the American people, disguising what it really is: yet another step in making the rich richer and, of course, making the poor poorer. Because what this country needs more of is corporate culture.

If you have not heard of it (and I had not until quite recently), please take a quick look at the article, and the link to the video by Robert Reich, which will go a long way towards explaining why it is so detrimental to the people, and needs to be stopped.

Here are the links:


41 Environmental Groups Denounce Fast Track Trade Process  by Dave Johnson, January 24, 2015:

http://billmoyers.com/2015/01/24/environmental-groups-denounce-fast-track-trade-process/




The Politics of Trade: The Top U.S. Negotiator Answers 10 Questions By JOHN HARWOOD, FEB. 6, 2015:

http://www.nytimes.com/2015/02/07/business/10-questions-for-president-obamas-trade-negotiator.html?_r=0



Free Trade Deals Have Devastated the U.S.: Now Obama Pushes Through Biggest One Yet The Trans Pacific Partnership deal will likely be the death of American industry. By Thom Hartmann / AlterNet February 5, 2015:

http://www.alternet.org/economy/free-trade-deals-have-devastated-us-now-obama-pushes-through-biggest-one-yet



Obama Blasted for Lumping Critics of Trade Deal Secrecy with 'Conspiracy Theorists' 'If the president is concerned that people don't know what's going on in the negotiations then the president should release the text and remove it from being a state secret.' bySarah Lazare, staff writer, February 5, 2015:

http://commondreams.org/news/2014/05/02/obama-blasted-lumping-critics-trade-deal-secrecy-conspiracy-theorists




Enormous, Humongous Trade Deficits Widen, Further Exposing Failed Policy Dave Johnson | Posted 02.07.2015:

http://www.huffingtonpost.com/news/trans-pacific-partnership/




Robert Reich

This is the worst trade deal you never heard of. And it's coming soon. Be ready. Share the video and cause a ruckus.

https://www.facebook.com/video.php?v=941947612484502&pnref=story

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