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” is a scam that destroys economies and turns all power over to transnational corporations who don’t give a damn about the host countries.
|By: DSWright Monday November 4, 2013 11:58 am|
The real agenda is less about trade and more about weakening sovereign power in favor of corporate power. Under TPP, national regulations will be overruled by corporate structures and governance. Nation-states will become junior partners with transnational corporations becoming the decision making authorities for global laws and rules.
|By: Michelle Chen Monday August 26, 2013 7:35 am|
Guatemala is beginning to emerge from a grim history of military dictatorship and civil strife, but its workers remain mired in the nation’s bloody legacy. Even today, as the country hobbles toward democracy and seeks justice for past atrocities, trade unionists are still a target of violence, with many killings hidden under a cloud of government impunity.
|By: danps Saturday August 25, 2012 8:15 am|
The quality of reporting on fracking in large outlets has been of varying quality. Day-to-day coverage of the latest developments is usually pretty good, but bigger picture trend pieces have a tendency to be positively fawning towards the industry. A couple of recent articles in the New York Times have been particularly bad, and one of them also foreshadowed an additional development.
The first was a credulous look at how great fracking is for the communities it occurs in. We are told how fat fracking checks are “swelling the bank accounts of some working-class families” in “amounts the recipients say are a bit disorienting.” Even better: “More is probably on the way, potentially much more.” So these struggling families have suddenly had their financial anxieties erased, their future incomes assured. I’m sure the ombudsman would say that the hazards of fracking were beyond the scope of the article, but wow does it read like a love letter
|By: David Dayen Tuesday June 19, 2012 9:20 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 Calderon announced that his country would join the negotiations of the trade deal:
|By: David Dayen Friday June 15, 2012 6:45 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.
|By: David Dayen Wednesday June 13, 2012 10:10 am|
Zach Carter reports 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 the week. Well, thanks to Public Citizen, now they know a bit more about what’s in this trade deal. And now we know why it was a well-guarded secret.
|By: Dean Baker Monday April 30, 2012 7:15 am|
The Washington Post was a strong supporter of NAFTA at the time the deal was approved. It continues to be a strong defender of the pact nearly two decades later. It has repeatedly shown itself willing to make up facts or just ignore them to push its pro-NAFTA line.
|By: Lisa Derrick Monday April 2, 2012 5:00 pm|
You know things are bad when Paul Craig Roberts, one of the founders of Reaganomics, says about deregulation and the current state of the economy:
It’s gone too far.
With Heist: Who Stole the American Dream, directors Frances Causey and Donald Goldmacher trace the roots of today’s current economic crisis back to a 1971 memorandum written by Lewis F. Powell Jr.– a Virginia lawyer and representative of the tobacco industry who later became an associate justice of the United States Supreme Court. The Powell Memo, written for the Chamber of Commerce, lays out a very solid, point by point plan for corporations to loosen regulations and gain greater and greater control of the economy for their own benefit at the expense of of the American people.
|By: David Dayen Wednesday January 25, 2012 10:00 am|
One intriguing item that Obama announced in his State of the Union was on a Trade Enforcement Unit. I I tend to be skeptical about these enforcement agencies. But if you follow the facts, the President is correct that his Administration has been solid on bringing trade cases against China, on tires, on steel, on solar products, on rare earth minerals, and he’s gotten results.