Obama Is On The Verge Of 2 Trade Deals That Could Transform The US Economy

originally posted by: Kali74
a reply to: seeker1963

That isn't what I asked you. I asked how I am giving any politicians leeway? What have I said that comes off as going easy on politicians?

How do I give any politicians any leeway?

The above quote is what I answered too Kali. Perhaps I took what you said in a totally different manner that you intended?

Transform for the better, a positive sign?

"Thanks to WikiLeaks, we see just how bad TPP trade deal is for regular people "
Source

originally posted by: Kali74
So again I have to ask... when was Capitalism not international?

Well first of all, You never asked when Capitalism was not international, but since you did now, are you suggesting that our World Trading is anywhere near let's say, prior to the end of World War 2?

Can you differentiate Capitalism from International capitalism, that is the question that I am now asking you?

So let's here it since you seem to be such an expert on the history of capitalism. ~$heopleNation

originally posted by: Vasa Croe
I am personally MORE interested to see what the Nicaragua Canal will do to these trade relations. That is being built by a Hong Kong company and will kill the Panama Canal operation pretty quickly. With someone other than the US owning the main canal, which will become the Nicaragua Canal, it will make shipping efforts by the US a lot more interesting. Russia is heavily involved in the Nicaragua Canal building as well, which began December of last year and is slated to finish within 5 years. The Hong Kong company behind it has a 50 year concession, followed by another 50 once completed. That would KILL the US trade relations with everyone.

At least someone is paying attention to what's going on.

a reply to: cloaked4u

You two are absolutely on it, the Panama Canal is of vital importance for trade, as well as a strategic water way if a World War were to ever start.

Our potential enemies could plant mines or nukes that would severely damage our Navy's mobility. I think those on the watch understand that threat already though. Let's hope so my friends. ~$heopleNation

originally posted by: CharlieSpeirs
a reply to: lostbook

The Obama haters will be along soon to tell you that this means sod all, & the estimates will be questioned ferociously.


Personally, this is just as big as Russia's deals with China & India.

How much was my insurance savings every year supposed to be?

originally posted by: Vasa Croe
I am personally MORE interested to see what the Nicaragua Canal will do to these trade relations.

If it is ever built....

Under the exclusive contract, Wang can skip building the canal (and making any payments to Nicaragua) and instead simply operate lucrative tax-free side projects.[46]

"The contract with HKND was approved by President Ortega without any consultation with Nicaraguan society and ratified unanimously by his party FSLN. The opposition party PLI walked out in protest. Many believe the contract is an act of high treason because there are no benefits to Nicaragua, as HKND will keep all of the revenues once the canal is in operation for 50 years, is not obligated to pay market prices for the land, does not have to use Nicaraguan construction companies or hire Nicaraguan workers and is not obligated by Nicaraguan laws. HKND does not have any civil engineering expertise and has been acussed of being a front for the Chinese government, which they deny. HKND seems not to have secured the capital needed for the project and is now asking for the land to be given to them on a 50 year credit or lease.

en.wikipedia.org...

dp

Obama haters huh?
Remember what he said when he ran the first time...something to the effect of 'I want the US equal to the middle east. Well, he is trying to drive the US into a third world nation.
When you look at this trade deal think of how NAFTA worked out. A disaster. Here in El Paso, when the clothing companies were moved back to Juarez, the clothing factory workers (mostly Mexicans) sued and got unemployment (because they did not want to get paid in Mexican currency), retraining (they did not want to work in their own country) and most of them became illegals here in the US. All of the unemployment and retraining was paid by US taxpayers.

a reply to: lostbook

i was willing to give the guy a chance.

but it seems every step he makes he steps in dog poo. because of his history, i have no faith in his future.

originally posted by: seeker1963
a reply to: lostbook

I am not sure where or how your source came up with those figures?

So far the TPP has been highly secret with hardly any info at all about the specifics.

All I have seen is it clamps down on copyright violations and gives more power to corporations. But again, where is the information of this act and if it is so secret, why?

Other than that, IMO, if it was so great, not sure why the secrecy.......

If you can find anything about these actual trade agreements, please feel free to put them up. Otherwise, this article is baseless.

Here is a short video, but again, how do we know what is truth, when there is so much secrecy behind this?

Very good comment, as well, i would like to ad any thing secret and has a happy name applied to it, usually just increases the depth of the Amercan coffin, ie. NAFTA, KAFTA, North America Partnership, OBOMA CARE. BUT, hey op, I will hold my breath this time, that a American president finally in the past 100 years has our best interest in mind. Lmao.

originally posted by: stirling
Anybody detect a NWO consolidation effort taking place from both sides of the "iron curtain".....?

Interesting thought. One of the more eccentric meetings with beings from elsewhere was written down by a Dutch business man, mr Stefan Denaerde. He accidently literally stumbled across one of their ships while sailing on the North Sea, near the Dutch coast, "saved" one of them from drowning and was invited on board. He was given a choice: take something with him from their ship or be taught about their civilisation. He chose the latter.

One of the things he learned was that the happy planet his unexpected travel companions came from actually had two major companies for almost everything they made. They would compete but as soon as one of them had "won" the competition, they would share knowledge and restart the game.

This is largely similar to what we saw in the East and West during the cold war. Russians and Americans (mostly) were competing fiercely, but somehow their mutual knowledge grew and they exchanged it too - science did more for that than spies, I might add.

So, maybe it IS really true that we live in a staged system in which at least two big competing blocks are installed and kept competing - for the benefit of all.

Seems to me that NWO isn't such a stupid idea after all, albeit that I don't like the idea of competion and refinement if it comes to weaponry. Ah, well.

originally posted by: neo96

As such, it is estimated that TTIP will boost U.S. household incomes by $865 annually and create 750,000 new U.S. jobs, while TPP would generate about $1,230 per household by 2025–a great boost without a dime of deficit spending, and a strong bonus on top of the $10,000 annual income gains American households have already scored due to post-war trade opening.

Is the thread some kind of GD joke ?

Guess they forgot to deduct their healthcare premiums from that 'gain'.

Between that, and TAXES.

There would be a net gain of ZERO.

Actually it would be less than zero

It is all lies anyways.
We were told the same garbage about How NAFTA was going to bring in millions of jobs and make all American's Richer.
It never happened. Instead, we have lost jobs and wages have stagnated. The only ones that have benefited are the Executive and Investment Class,

The ones running the show are Financial Terrorists.

www.techdirt.com...

After 20 Years, It's Clear NAFTA Has Failed To Deliver Promised Benefits; So Why Trust TPP, TTIP Will Be Better?

In 1993, NAFTA was sold to the U.S. public with grand promises. NAFTA would create hundreds of thousands of good jobs here -- 170,000 per year according the Peterson Institute for International Economics. U.S. farmers would export their way to wealth. NAFTA would bring Mexico to a first-world level of economic prosperity and stability, providing new economic opportunities there that would reduce immigration to the United States. Environmental standards would improve.
Techdirt has already discussed how NAFTA has proved disastrous for the US in basic financial terms; here we'll look at some of the other effects, not just in the US, but for Mexico too.

NAFTA has contributed to downward pressure on U.S. wages and growing income inequality. According to the U.S. Bureau of Labor Statistics, two out of every three displaced manufacturing workers who were rehired in 2012 experienced a wage reduction, most of them taking a pay cut of greater than 20 percent.

…

Despite a 188 percent rise in food imports from Canada and Mexico under NAFTA, the average nominal price of food in the United States has jumped 65 percent since the deal went into effect.

originally posted by: Kali74
a reply to: pikestaff

The ability to sue governments applies to all corporations of all participating nations against all participating nations including the US.

If the Multinational Corporations are able to sue the tax payers if they feel they have lost money because of them, then we should be able to sue the Multinational Corporations that have made the average citizen loose money from their terrorist trade pacts.

a reply to: lostbook

Globalization will destroy any wealth from the US, it's equivalent to NAFTA. It's essentially wealth extraction from the US. In other words international socialism.

I can't believe people are stupid enough for to think this is any good by a corportist news site. It's good for the billionaires from getting cheap products from other third nations. It's bad for American middle class.

These trade pacts will come, sadly there's no way around them, no matter how much we bicker or take it to the streets to get heard. TPP and TTIP are both bad for us normal folk and benefit only the big corporations that's why they will be happening

a reply to: lostbook. how exactly is a trade agreement that is apparently too sensitive for anyone outside of the chosen few to be allowed to actually READ this treaty going to end this presidency on a positive note?

a reply to: lostbook

The devil is in the details. NAFTA was supposed to be great for the US and it's workers, how'd that work out for everyone?

I would be VERY cautious till its been reviewed and debated throughly. Don't let them ram it through.

a reply to: dreamingawake

From Elizabeth Warren in the article.

I have heard the argument that transparency would undermine the administration's policy to complete the trade agreement because public opposition would be significant. If transparency would lead to widespread public opposition to a trade agreement, then that trade agreement should not be the policy of the United States. I believe in transparency and democracy and I think the US Trade Representative should too.

What a load of hooey!
Take every promise they make and put a negative sign in front:
We will lose 750,000 jobs.
We will lose $130 billion in trade (money gone straight to the bankers hands).

Haven't we learned that everything they promise is a lie?
If you don't believe me just remember that great quote from Ross Perot:
"that giant sucking sound you hear is jobs leaving".
He didn't buy into NAFTA and GATT either.