House Democrats Reject Fast-Track Power For TPP

By: Thursday November 14, 2013 8:30 am

As information leaks about secret provisions of the Trans-Pacific Partnership (TPP), opposition to the sovereignty-killing trade agreement is building in Congress. More than 150 House Democrats have publicly stated they oppose giving President Obama fast-track trade authority for TPP. It appears some in Congress have learned their lesson from NAFTA and the WTO – that “free trade” [...]

Trans-Pacific Partnership Secrecy Raising Doubts About Legitimacy

By: Monday November 4, 2013 9:31 am

Have you heard of the Trans-Pacific Partnership (TPP)? Then something has gone wrong for the wheelers and dealers. You aren’t supposed to know about it. The TPP is, in theory, a free trade deal to foster economic cooperation between the United States and allied countries in the Asia-Pacific region. In truth it is “NAFTA on [...]

Mexico Joins Trans-Pacific Partnership Trade Negotiations

By: Tuesday June 19, 2012 7:37 am

The leaked documents from the Trans-Pacific Partnership showed the possibility for the agreement to expand well beyond the original countries that are party to the agreement. And before the TPP has completed negotiations or been signed, we’re already seeing evidence of that. In remarks yesterday at the outset of the G20 summit, Mexican President Felipe [...]

Trans-Pacific Partnership Documents Show Trade Treaty Could Grow Much Larger Than NAFTA

By: Friday June 15, 2012 6:22 am

Public Citizen’s Lori Wallach has an analysis of that leaked document from the negotiations of the Trans-Pacific Partnership, and it’s really even worse than anticipated. The leaked text provides stark warnings about the dangers of “trade” negotiations occurring without press, public or policymaker oversight. It reveals that negotiators already have agreed to many radical terms [...]

Trans Pacific Partnership Document Leaked, Shows Corporations Could Violate National Sovereignty

By: Wednesday June 13, 2012 9:42 am

While I was watching a generally weak set of questioning of Jamie Dimon at the Senate Banking Committee (outside of Menendez, Brown and especially Merkley), Zach Carter was reporting on a key leaked document from the Trans-Pacific Partnership negotiations. This is the “NAFTA for Asia” trade deal that Senators sought more transparency for earlier in [...]

Obama Announces Trade Enforcement Unit to Inquire on Illegal Chinese Trade Practices

By: Wednesday January 25, 2012 7:35 am

Outside of the horrendous gambit of announcing a fraud investigation that appears designed to fail, Obama gave a decent enough speech last night. I liked the specificity on the Buffett rule – a minimum effective tax rate of 30% for millionaires – and the alternative minimum tax for corporations (a nice counterpoint to the far-right [...]

Obama Administration Plans Round of Trans-Pacific Free Trade Agreement Talks

By: Thursday September 1, 2011 6:50 am

Jon Huntsman’s economic plan should dispel any rumors of his moderation. It eliminates the Earned Income Tax and the child tax credit to pay for a reduction of the top marginal tax rate to 23%. I don’t think I need to go any further. It’s a reverse-Robin Hood special. And he’s barely scraping past 1% [...]

Schumer Should Go Back to EPI and Ask Them About Those NAFTA-Style Trade Deals

By: Friday July 1, 2011 2:04 pm

Speaking of people saying different things at different venues, here’s Chuck Schumer yesterday at the Economic Policy Institute, demanding that Congress work to create jobs: In addition to it being the right thing to do economically, there will be political momentum for trying to do more on jobs. The American people realize that we not [...]

Obama Administration Begins Process for Passing Three Free Trade Deals

By: Wednesday May 4, 2011 1:46 pm

The White House will move forward on a trade agenda that could ramp up quickly. The South Korea, Panama and Colombia free trade deals could all come up for a vote later this year. The administration is expected to send congressional leaders a letter as soon as Wednesday saying it is ready to begin preliminary [...]

Obama Considers Bill Daley as Chief of Staff

By: Tuesday January 4, 2011 6:27 am

William Daley, an executive at JPMorgan Chase, the former Commerce Secretary under Bill Clinton and the brother of longtime Chicago mayor Richard M. Daley, is under consideration to be the next White House Chief of Staff. This would mean that the man who was a mentor to Rahm Emanuel would get the job vacated by [...]

Public Citizen: Exports Greater to non-Free Trade Agreement Countries

By: Wednesday September 15, 2010 8:18 am

A new report from Public Citizen upends the prevailing wisdom on free trade agreements as a spur to export growth. Actually, it’s quite the opposite: The group, Public Citizen, will release a study Wednesday saying that in the last 12 years, exports to the 17 countries with which the United States has free-trade agreements grew [...]

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