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Mon Jul 1, 2013, 06:31 AM

Why is the Trans Pacific Partenership Pact so terrible? Here, precisely, is why. [View all]

Yes, it's that bad and yes this lies at the feet of the President. So call the fuss over this republican made, but the problem with that is the republicans are largely with the President on this fuck the people atrocity. In fact, it's a bi-partisan fucking with just a very few dems standing against it. I suggest contacting your rep and senators. Not that I'm sanguine about that. still, we need to start raising a ruckus about this. Oh, and one of the reasons it's all so secret: The PTB don't want this:

http://en.wikipedia.org/wiki/1999_Seattle_WTO_protests

Which is exactly what they should get.


TPP: A Deregulation Treaty Not A Trade Treaty

The upcoming Trans-Pacific Partnership (TPP) agreement is using a process that is rigged from the start. It is not being negotiated by governments for the benefit of their people, it is being negotiated by executives (or future executives/lobbyists currently in government) largely for the benefit of the giant corporations they serve. The process has these giant corporations “in the loop” but citizens groups, working people, consumers, the environment, human rights groups and especially democracy are not part of the process. That can only go one way: if you don’t have a seat at the table you are on the table — the meal.

Rodrigo Contreras, Chile’s lead TPP negotiator recently up and quit to warn people of the dangers this agreement poses to everyone except the giant multinational corporations. In The New Chessboard, (English translation) Contreras warns that the TPP is solidifying multinational corporate control over the Internet, copyrights, patents (especially drug patents), and in particular warns that the giant financial interests are solidifying their current control over the regulatory process. He writes that this will block countries that are trying to “restore the space for applying financial safeguards. In these circumstances it does not makes sense to further liberalize capital flows, depriving us of legitimate tools to safeguard financial stability.”

<snip>

http://blog.ourfuture.org/20130523/tpp-a-deregulation-treaty-not-a-trade-treaty

Obama’s Covert Trade Deal

THE Obama administration has often stated its commitment to open government. So why is it keeping such tight wraps on the contents of the Trans-Pacific Partnership, the most significant international commercial agreement since the creation of the World Trade Organization in 1995?

<snip>

Although Congress has exclusive constitutional authority to set the terms of trade, so far the executive branch has managed to resist repeated requests by members of Congress to see the text of the draft agreement and has denied requests from members to attend negotiations as observers — reversing past practice.

<snip>

There is one exception to this wall of secrecy: a group of some 600 trade “advisers,” dominated by representatives of big businesses, who enjoy privileged access to draft texts and negotiators.

This covert approach is a major problem because the agreement is more than just a trade deal. Only 5 of its 29 chapters cover traditional trade matters, like tariffs or quotas. The others impose parameters on nontrade policies. Existing and future American laws must be altered to conform with these terms, or trade sanctions can be imposed against American exports.

<snip>

http://www.nytimes.com/2013/06/03/opinion/obamas-covert-trade-deal.html

<snip>

The other policies being discussed would set new rules for food safety and prices for medicine, create tighter provisions for Internet freedom, provide stricter copyright laws, as well as extend the length of generic patents for drugs. All countries in the TPP would have to follow the rules set out by the agreement instead of their own country's regulations.

"This is why we are fighting this," said Lori Wallach, director of Global Trade Watch for Public Citizen, a non-profit consumer group. "We supported almost all the major trade agreements in the past, but this goes beyond free trade. It's become a Trojan Horse for all these other provisions of one-size-fits-all."

<snip>

http://www.cnbc.com/id/100841981

<snip>

It is generally agreed that the Obama will not be able to conclude the TPP and TTIP negotiations unless Congress grants him Trade Promotion Authority (TPA) -- commonly known as "fast-track" -- which guarantees that Congress will hold a straight up or down vote on any trade agreement the president negotiates. Trade agreements must be voted out of committee, and members can't offer amendments.

The logic behind fast-track is obvious: Since Congress has the final say on U.S. laws governing commerce, the president speaks not for himself but for the 535 members of Congress during trade negotiations, since trade partners can't be expected to negotiate with 535 legislators. Congress still has to ratify anything the president agrees to, but as a single package. That gives trade partners the assurance that what's hammered out at the negotiating table will remain in place.

<snip>

http://www.theatlantic.com/politics/archive/2013/06/the-odd-bipartisan-coalition-that-could-sink-obamas-free-trade-legacy/276938/

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Reply Why is the Trans Pacific Partenership Pact so terrible? Here, precisely, is why. [View all]
cali Jul 2013 OP
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