Obama Shrugs Off Global Slavery To Protect Trade Deal. WikiLeaks - The US strategy to create a new global legal and economic system:... Chris Hedges: TPP Is the Most Brazen Corporate Power Grab in American History. The release Thursday of the 5,544-page text of the Trans-Pacific Partnership—a trade and investment agreement involving 12 countries comprising nearly 40 percent of global output—confirms what even its most apocalyptic critics feared.
Shop ▾ “The TPP, along with the WTO [World Trade Organization] and NAFTA [North American Free Trade Agreement], is the most brazen corporate power grab in American history,” Ralph Nader told me when I reached him by phone in Washington, D.C. “It allows corporations to bypass our three branches of government to impose enforceable sanctions by secret tribunals. These tribunals can declare our labor, consumer and environmental protections [to be] unlawful, non-tariff barriers subject to fines for noncompliance. Officials Reach Deal On Trans-Pacific Partnership. 12 Nations Agree to Deal on Controversial TPP in Atlanta. Derrick Broze October 5, 2015 (ANTIMEDIA) Atlanta, Georgia – “Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam are pleased to announce that we have successfully concluded the Trans-Pacific Partnership negotiations,” stated U.S Trade Representative Michael Froman early Monday morning.
The ministerial meeting in Atlanta was expected to conclude on Friday but dragged into Monday morning because of disagreements on dairy products and pharmaceutical regulation. The controversial trade agreement must now be approved by the twelve individual nation-states before it can officially become law.
In the United States, President Obama must wait a minimum of 90 days before signing the agreement, and the full text of the agreement must be made publicly available for at least 60 days. This means that a congressional vote on the TPP will not likely happen before January. Don't Want Medicine Prices to Explode? #StopTPP. The TPP What You're Not Being Told. Here’s how much corporations paid US senators to fast-track the TPP bill.
A decade in the making, the controversial Trans-Pacific Partnership (TPP) is reaching its climax and as Congress hotly debates the biggest trade deal in a generation, its backers have turned on the cash spigot in the hopes of getting it passed.
“We’re very much in the endgame,” US trade representative Michael Froman told reporters over the weekend at a meeting of the 21-member Asia-Pacific Economic Cooperation forum on the resort island of Boracay. His comments came days after TPP passed another crucial vote in the Senate. That vote, to give Barack Obama the authority to speed the bill through Congress, comes as the president’s own supporters, senior economists and a host of activists have lobbied against a pact they argue will favor big business but harm US jobs, fail to secure better conditions for workers overseas and undermine free speech online. Those critics are unlikely to be silenced by an analysis of the sudden flood of money it took to push the pact over its latest hurdle. Robert Reich takes on the Trans-Pacific Partnership. US Pushing for Massive Trade Deal With Countries that Still Practice Slavery. Claire BernishJune 3, 2015 (ANTIMEDIA) When it comes to trade deals, nothing is more shrouded in secrecy or stitched together with contentious legislation than the Trans Pacific Partnership.
The saga encompassing the political jujitsu necessary to pass off the deal in a favorable light just hit new lows somewhat south of absurdity. In order to ensure a strategically vital country remains a partner in the TPP, the White House has decided human slavery and trafficking need to be overlooked. President Obama’s appearance outside Nike, a company with an abysmal habit of seeking slave-wage labor coupled with the most limited bargaining power for workers possible, to tout the tough labor standards of the TPP, was telling for many. “It’s the highest-standard, most progressive trade deal in history.
At the time, this was essentially true. Senator Bob Menendez had placed the original exclusion for human rights violators in the Trade Promotion Authority bill, which passed last month. Indeed. Read the TPP. Trans-Pacific Partnership will lead to a global race to the bottom. At a time when economic inequality around the globe continues to widen, the Trans-Pacific Partnership (TPP) will only make things worse.
Unlike what President Obama claims, the agreement will only encourage a race to the bottom, in which a small percentage of people get ridiculously rich while most workers around the globe stay miserably poor. We can’t let that happen. Today, President Obama is visiting Nike’s headquarters in Beaverton, Oregon to garner support for the trade deal, which would be signed by the US and 11 Pacific Rim countries. Stop Fast Track! Stop the TPP! TPP: The Biggest Threat to the Internet You've Probably Never Heard Of. TPP - Sacrificing the Environment for Corporate Interests.
The leaked secret draft of the TPP´s (Trans-Pacific Partnership) Environment Chapter, published today by WikiLeaks, underscores how multinational corporate interests rule the negotiating process of this important 12-nation treaty, representing more than 40 per cent of the world's GDP and one-third of world trade.
On 13 November last year, WikiLeaks released the secret draft text of the Intellectual Property Rights Chapter, which showed how nations were forced to change laws and to prosecute in defence of the biggest corporate interests in the field of IP rights. In sharp contrast, the Environment Chapter does not include enforcement mechanisms serving the defence of the environment; it is vague and weak, and adheres to the lowest common denominator of environmental interests. A selection of other favourite words in the draft include: “enhance” (12), “consider” (12), “encourage” (11), “address” (10), “endeavour” (9) and “seek” (9). by Kristinn Hrafnsson, WikiLeaks Spokesperson.