TPP

The TPP: Toward Absolutist Capitalism – Lambert Strether

There are many excellent arguments against the Trans-Pacific Partnership (TPP), two of which — local zoning over-rides, and loss of national sovereignty — I’ll briefly review as stepping stones to the main topic of the post: Absolutist Capitalism, for which I make two claims: 1) The TPP implies a form of absolute rule, a tyranny as James Madison would have …

Obama

Obama, Republicans push anti-China trade pact – Patrick Martin

Both the US Senate and House of Representatives have begun action on legislation to grant President Obama Trade Promotion Authority, also known as “fast-track” authority, which would enable the US government to finalize the Trans-Pacific Partnership, a trade agreement with 11 other countries in Asia and the Americas. The Senate Finance Committee on Wednesday, in a 20-6 vote, approved the …

TPP2

Democratic Trade War: Obama Says Warren ‘Wrong’ on TPP as Reid Says ‘Hell No’ to Fast Track – Jon Queally

President Obama on Tuesday evening said that progressives like Sen. Elizabeth Warren (D-Mass.) who have called out the Trans-Pacific Partnership (TPP) agreement for being a corporate-power grab and have vowed to defeat legislation designed to ram it through Congress are simply “wrong” when it comes to the pending deal between the U.S. and 11 Asian and Pacific nations. Specifically singling …

TPP

Astroturf Warning: TPP Critics Call Out Fake ‘Progressive’ Group Pushing Corporate Trade Agenda

Critics of the corporate-friendly Trans-Pacific Partnership are lining up against what they call an “astroturf” operation claiming to represent progressives in favor of Fast Tracking the sweeping and secretive trade deal. No such progressives exist, they say. Last month, a Democratic political consulting firm founded by former Obama administration staffers launched a website dubbed “Progressive Coalition for American Jobs,” which claimed to prove …

wall street

Tell Wall Street Where They Can Shove Their Money

The best thing that could happen for America would be Wall Street divesting from the Democratic Party. The party would no longer be owned by the corporate oligarchy. America would finally have an opposition party, a party to fight the billionaire class and represent the working class. I hear many of you screaming, “But we have the Socialists, the Greens…” …

hillary clinton

There’s a Reason the Big Banks Aren’t Mad with Hillary

The Banks are hopping mad at Elizabeth Warren.  So mad, they’re threatening to stop contributing money to the Democrats unless she stops being so … so … accurate in her criticisms. Translated, this means they realize she can’t be bought.  Small wonder – Warren has been outspoken, plainspoken and passionate on where she stands on the economic issues of the day, which, …

TPP

Lawmakers Say TPP Meetings Classified To Keep Americans in the Dark

Lawmakers in Congress who remain wary of the Trans-Pacific Partnership (TPP) trade agreement are raising further objections this week to the degree of secrecy surrounding briefings on the deal, with some arguing that the main reason at least one meeting has been registered “classified” is to help keep the American public ignorant about giveaways to corporate interests and its long-term …

Social Mobility

The myth destroying America: Why social mobility is beyond ordinary people’s control

In America, there is a strongly held conviction that with hard work, anyone can make it into the middle class. Pew recently found that Americans are far more likely than people in other countries to believe that work determines success, as opposed to other factors beyond an individual’s control. But this positivity comes with a negative side — a tendency to pathologize …

Corporate-Friendly Democrats Mobilize to Drag Party Rightward

Afraid “a sharp turn to the left could prove disastrous in the 2016 elections,” factions within the Democratic Party more closely aligned with Wall Street and other corporate interests than with the progressive left are “gathering their forces to fight back against the ‘Elizabeth Warren wing’ of their party,” The Hill reportedMonday. Framed as a fight between so-called “centrists” of the party …