Barack Obama
In reply to the discussion: So, TPP and Obama. Thoughts? [View all]guillaumeb
(42,649 posts)My response:
So the TPP is geopolitics in action. All about economic dominance. And yes, NAFTA did cause an increase in trade, but the benefits mainly went to the top 1%. As to the supposed benefits for the US:
"The United States had a small but relatively stable trade deficit with Canada and Mexico(combined) in the 1980s and early 1990s. After NAFTA took effect in 1994, this country developed large and rapidly growing deficits with these trade partners."
Read more: http://www.cheatsheet.com/business/economy/the-costs-and-benefits-of-nafta.html/#ixzz3YGIFeG00
There has been plenty of information out there that industry lobbyists are doing the actual writing of the specifics of the legislation. That concerns me greatly and it should be a concern for everyone. We are told that the specifics must be kept secret, but we are not given a credible reason as to WHY the specifics must be kept secret.
From a Bill Moyers article:
Yet the actual text of the agreement remains under lock and key. That represents a significant break from the Bush administration, which in 2001 published the text of a proposed multinational trade agreement with Latin American nations.
It is incomprehensible to me that leaders of major corporate interests who stand to gain enormous financial benefits from this agreement are actively involved in the writing of the TPP, while at the same time, the elected officials of this country, representing the American people, have little or no knowledge of whats in it, wrote US Sen. Bernie Sanders, (I-VT), in a letter to Froman last month.
http://billmoyers.com/2015/02/06/trans-pacific-partnership-huge-deal-kept-secret/
US citizens and Congress members cannot see the specifics of the legislation but corporate CEOs can see them? See link below:
http://www.flushthetpp.org/tpp-corporate-insiders/
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