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Obama's New Corporate-Driven Trade Policy, TPP, Toxicity Grows, We Can Stop It

For related articles and more information, please visit OCA's Politics and Democracy page.

The White House is calling January "TPA (Trade Promotion Authority) Month" and has made it their task to pass Fast Track. President Obama needs Fast Track to pass the Trans-Pacific Partnership (TPP). When Congress returned this month, a bill was quickly introduced after delays of more than a year.

The lies begin with title of the bill: "The Bipartisan Congressional Trade Priorities Act of 2014." Bi-partisan?  In the House there was only one sponsor, Republican David Camp (MI).  The Republicans demanded the Democrats add a sponsor before it was introduced, but due to public pressure, they could not find one.

The only Democrat on the bill in the Senate is Max Baucus (MT) - the senator who gave us the Bush tax cuts for the wealthy and who is leaving the senate to become Ambassador to China.  So, the bill is only bi-partisan until he heads off to his new job.

Baucus likes to informally call the bill "The Job Creating Bipartisan Trade Priorities Act," but that just adds another lie since trade agreements consistently lose jobs, expand the wealth divide and increase trade deficits.

TPP Loses Momentum

After four years of secret negotiations with more than 600 corporate advisers, the once seemingly invincible largest trade bill in history, covering 40% of the world's economy , looks very much like it can be defeated.

Why is the TPP looking like it can be stopped?  One reason is its secrecy.  


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