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So much for the democratic process and in fact stuff the democratic process.
This deal gives a handful few even more power in controlling the world economy. It lets them screw not only the local worker, but the ability to screw ever worker in the world, in the name of prosperity.
While I hate the fact that such an obvious power grab is happening, what I hate more is the youth of today seem to let this shit happen.
Use your voice and vote out that crap!!!
Sadly my prediction will be, nothing unlike the last ten years, where as the minimum wage remains flat (or maybe even declines), the corresponding CEO wage will see ten fold increases thanks to this amazing free trade deal :(
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MEP Daniel Hannan elucidated this nicely in a speech regarding the Treaty of Lisbon-
https://www.youtube.com/watch?v=9SsAmAgn_i8
Details on the 7 stages and lists of these agreements from the first 2 stages-
https://en.wikipedia.org/wiki/Economic_integration
https://en.wikipedia.org/wiki/List_of_bilateral_free_trade_a...
https://en.wikipedia.org/wiki/List_of_multilateral_free_trad...
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tl;dr - US is trying to rewrite the rules of world trade because they are scared by mounting BRICS influence over the World Trade Organization.
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That's awesome. But, if you have that much of a problem, why form a committee to help smaller companies- why not just make it easier for everyone? And what good will a committee really do? Why not just say, "We promise to make trading with foreign entities just that- you won't have to deal with the U.S. government and foreign government at all."
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This is the sort of thing that makes people demand ever-ridiculously-huger smartphones.
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Smoke and mirrors until we can actually read the thing. Or change it ourselves.
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"The worker standards commit all parties to the International Labor Organizationโs principles for collective bargaining, a minimum wage and safe workplaces, and against child labor, forced labor and excessive hours."
and:
"The changes, which also are expected to set a precedent for future trade pacts, respond to widespread criticisms that the Investor-State Dispute Settlement panels favor businesses and interfere with nationsโ efforts to pass rules safeguarding public health and safety."
Who knows? This might actually have turned into a decent treaty. But only because of all the massive criticism on the bits that leaked through all the secrecy.
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"Japanโs other barriers, like regulations and design criteria that effectively keep out American-made cars and light trucks, would come down"
Take our crappy cars Japan!
I also didn't realize the US had a large (25%) tariff on trucks.
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The TPP should be treated as a Treaty, requiring 2/3rd in congress. The majority of the agreement has nothing to do with trade.
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Personally, I think this is a giant leap towards world government, away from constitutional representation, and away from free-trade and towards the oligarchy-controlled globalism.
I plan on digging into it more and writing a summary of my own, because this is a major issue that we need to push back on hard due to the limitations of the house and senate to oppose it.
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So nothing is reached : my understanding of US politics (which is quite shallow I'll admit) is that the congress majority will vote contrary to anything Obama wants.
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Obviously the TPP has major costs, both directly and indirectly. IF as I doubt the TPP is worthwhile, then proponents should be able to give examples of its benefits.
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So if you thought it was bad that the TSA can hold people without even a phone call to a lawyer, wait until they start putting people in prison over the TPP
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Ford, the company who famously exported so many manufacturing jobs out of US in the past suddenly grew a heart for the well-being of "future competitiveness of American manufacturing" ? Probably not.
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- Goods include: autos, machinery, information technology and consumer goods, chemicals and agricultural products ranging from avocados in California to wheat, pork and beef from the Plains states.
- establish uniform rules on corporationsโ intellectual property,
- open the Internet
- crack down on wildlife trafficking and environmental abuses
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We are staring at a phase transition.
When this treaty passes, expect the remaining dominoes to fall hard and fast.
_digusting_
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The 90-day thing is a result of Trade Promotion Authority granted by Congress to the administration. This is the "fast track" Congress voted to allow the President. It means the bill can't be filibustered.