Nike

Why Nike Is the Problem, Not the Solution – Robert Reich

Tomorrow President Obama will be giving a speech promoting the Trans-Pacific Partnership. Paradoxically, he’s chosen to give it at Nike headquarters in Oregon. Nike isn’t the solution to the problem of stagnant wages in America. Nike is the problem. It’s true that over the past two years Nike has added 2,000 good-paying professional jobs at its Oregon headquarters, fulfilling the requirements of …

fast track

Fast/Track/TPP: The Death of National Sovereignty, State Sovereignty, Separation of Powers, and Democracy – Joe Firestone

Most of the critical attention given to the Fast Track Trade Agreement legislation and to the associated Trans-Pacific Partnership (TPP) Congressional – Executive Agreement on mainstream corporate media and by politicians and establishment interest groups interacting with them in the beltway echo chamber, has focused on the likely or possible economic impacts of these. But relatively little attention has focused …

Citing Corporate Takeover, UN Official Calls for Halt In Secret Trade Talks – ‘Sarah Lazare

A United Nations official has called for a moratorium on secret negotiations over a United States-European Union “free trade” deal, citing concerns that the corporate tribunals likely to be included in the final pact would boost the power of multinationals at the expense of democracy and human rights. Alfred de Zayas, the UN’s independent expert on the promotion of a …

TPP2

Trans Pacific Trickle-Down Economics – Robert Reich

Have we learned nothing from thirty years of failed trickle-down economics? By now we should know that when big corporations, Wall Street, and the wealthy get special goodies, the rest of us get shafted. The Reagan and George W. Bush tax cuts of 1981, 2001, and 2003, respectively, were sold to America as ways to boost the economy and create …

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Obama Bribes Abe to Support the TPP by Unleashing Japanese Military – Yves Smith

Great minds seem to be working alike. Our resident Japan expert, Clive, had pointed out that the US Trade Representative, Michael Froman, had nothing to offer Japan to change its indifference to the proposed TransPacific Partnership. Only the State Department could serve up the needed inducements, and they were missing in action. But that changed as Obama became more eager …

TPP2

Obama: Debate Senator Warren on Global Economic Pact – Ralph Nader

President Barack Obama The White House 1600 Pennsylvania Avenue, NW Washington, DC 20500 Dear President Obama: You have taken a strong across-the-board position favoring the Trans-Pacific Partnership (TPP) nearing completion and scheduled for a fast track clearance vote in the Congress. Indeed, you have descended admirably from your presidential perch to take on the most informed critics of this agreement …

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The Case That Blew the Lid Off the World Bank’s Secret Courts – Jim Shultz

There’s an international awakening afoot about a radical expansion of corporate power — one that sits at the center of two historic global trade deals nearing completion. One focuses the United States toward Europe — that’s the Transatlantic Trade and Investment Partnership (TTIP) — and the other toward Asia, in the Trans-Pacific Partnership (TPP). Both would establish broad new rights for …

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Opposition Amassing to ‘Outdated and Unsound’ Trade Policies – Deirdre Fulton

With dissent fermenting on both sides of the political aisle, more than 2,000 civil society groups are urging Congress to reject Fast Track trade authority, warning that the legislation would pave the way for approval of the Trans-Pacific Partnership (TPP), the 12-nation proposal they say “replicates and expands on the most damaging provisions of past U.S. trade pacts.” The joint letter (pdf), …

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How TPP Increases Corporate Power vs. Government — And Us – Dave Johnson

Power is the ability to control, to tell what to do, to get your way. Corporations have a lot of power over working people in our country now, and they might be about to get a lot more. The proponents of the Trans-Pacific Partnership (TPP) tell us that it will have unprecedented “progressive” protections for the rights of working people, …

Obama

Obama’s Big Trade Failure – DEAN BAKER

The Obama administration is doing its full court press, pulling out all the stops to get Congress to approve the fast-track authority that is almost certainly necessary to get the Trans-Pacific Partnership (TPP) through Congress. One of the biggest remaining stumbling blocks is that the deal will almost certainly not include provisions on currency. This means that parties to the …