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“WASHINGTON -- The Obama administration appears to have almost no international support for controversial new trade standards that would grant radical new political powers to corporations, increase the cost of prescription medications and restrict bank regulation, according to two internal memos obtained by The Huffington Post.”
Previously leaked TPP documents have sparked alarm among global health experts, Internet freedom activists, environmentalists and organized labor, but are adamantly supported by American corporations and the U.S. Chamber of Commerce. The Obama administration has deemed negotiations to be classified information -- banning members of Congress from discussing the American negotiating position with the press or the public. Congressional staffers have been restricted from viewing the documents. One of the most controversial provisions in the talks includes new corporate empowerment language insisted upon by the U.S. government, which would allow foreign companies to challenge laws or regulations in a privately run international court. Under World Trade Organization treaties, this political power to contest government law is reserved for sovereign nations. The U.S. has endorsed some corporate political powers in prior trade agreements, including the North American Free Trade Agreement, but the scope of what laws can be challenged appears to be much broader in TPP negotiations.
“The Obama administration has deemed negotiations to be classified information -- banning members of Congress from discussing the American negotiating position with the press or the public. Congressional staffers have been restricted from viewing the documents.”
Common Good
Maybe Obama is trying to get impeached, but nobody will let it happen.
He keeps trying, and trying, but people defend the name Obama no matter what.
Doesnt suprise me though- corporations took over long ago. They are one in the same with the word government.
HanzHenry
Common Good
Maybe Obama is trying to get impeached, but nobody will let it happen.
He keeps trying, and trying, but people defend the name Obama no matter what.
Doesnt suprise me though- corporations took over long ago. They are one in the same with the word government.
Obama is a communist puppet.. Quit focusing on the puppet. The Patriot Act was the lethal wound, America just took awhile to bleed out.
If there was a group of communists pulling strings, then the ELites got exactly what they want. All the wealth. And now, that they have it all, the gears of the machine are effectively clogged..
Give the greedy all the wealth then they can extract no more blood from the stone.. Turnips, that is all the ELites have today, green federal reserve turnips..
Checkmate by the Commies.. the Greed of the ELites have picked the fields clean, eaten all the food AND seed.
Cut open the Golden Goose... the AMERICAN FACTORY MACHINE.. to get the Golden Eggs.. the Wealth of the Middle Class..
Bilk22
Hmmm? Singapore is specifically mentioned in this article. Seems that country is a thorn in someone's side. Hey let's give them something to think about like a typhoon?
House and Senate negotiators are closing in on a deal to "fast-track" the Trans-Pacific Partnership, according to congressional aides who spoke to The New York Times.
Approval of trade promotion authority for the TPP would effectively insulate the trade agreement from legislative obstacles in Congress, like filibusters and poison-pill amendments. Granting fast-track status to potential U.S. trade agreements has become standard practice in recent years.
On Capitol Hill, the negotiations have been led by Senate Finance Committee Chairman Max Baucus of Montana, a Democrat, and House Ways and Means Committee Chairman Dave Camp of Michigan, a Republican. Both men lead the powerful tax-writing committees in their respective chambers.
Aides told the Times that lawmakers were aiming to have a deal together by the end of the legislative session in two weeks, although they were skeptical that any final approval would be voted on before the New Year.