• J-Didda

TPP Deal Reached: Can the "People" make Congress stop it?


On Monday the White House announced a tentative deal has been strucked for the Trans-Pacific Partnership. Delegates representing the 12 countries involved in the deal has reached an agreement regarding the TPP. THe deal includes 12 countries along the Pacific Rim. The deal includes the United States, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. Authors of the deal say it will cut trade barriers, set labor standards, and protect multinational corporations. The Obama administration claims that the deal will increase jobs, wages and stimulate the economy.

Opponents of the deal points to history of past global trade deals such as NAFTA as well as leaked drafts of the TPP that many journalists, labor specialists and attorneys have said will do the opposite of what has been promoted. The TPP makes changes to Intellectual property that threatens the price of generic pharmaceuticals and potentially net neutrality. The agreement also offers incentives for off shoring of jobs but and has no protections for countries to place barriers on corporations when they want to leave to cheaper labor markets. Among the most dangerous provision of this deal is the Investor State Dispute provisions allows corporations to sue in the World Court a state or a country if a law or regulation is passed that may limit the profits of a corporation.

The disastrous trade deal depends on Congressional approval, and has left and right opposition. on the "left" progressives like Presidential candidate Bernie Sanders, Elizabeth Warren, Keith Ellison and Alan Grayson are opposed to the deal as well as several hardcore right wing republicans including Rand Paul as well as GOP front-runner Donald Trump have come out against what they are calling "Obama-Trade"

The TPP is an expansion of the North American Free Trade Agreement (NAFTA), signed by President Bill Clinton in 1991. NAFTA is one of the major reasons why millions of American jobs have been shipped overseas since 1994, exasperating American unemployment.

Their is also problems with the process the TPP was negotiated behind closed doors for nearly 10 years and would protect Wall Street and large corporations. Any deal of this size that does not allow for public scrutiny should give us all pause. What makes matters worse is the fact that Congress is only allowed a straight up-or-down vote on the deal and cannot propose amendments.

The question now remains: Is the American people organized and engaged enough to form a "Left/Right" coalition and force Congress to vote no on a deal that will essentially turn the United States into a Third-World country? This deal signifies the term "Fascism". Benito Mussolini defined fascism as a marriage of corporate and political interests and that is exactly what we have with this deal.

- J-Didda

Source:

Source:

Source:

#TheTPP #PresidentObama #TheTransPacficPartnership #Fascism #CorporatePower #Congress #Progressives #MoneyinPolitics #Politics

Copyright 2015 TheBishopIsCrossing.com All rights reserved.

  • Facebook B&W
  • Twitter B&W
  • Instagram B&W
  • LinkedIn Social Icon
  • Spotify