The heinous Trans Pacific Partnership is now moving in Congress. It’s not really about trade – most tariffs are now low – but about making the world safer for global corporations. It allows big global corporations to sue countries for health, safety, environmental, and labor protections that reduce corporate profits. Its so-called labor and environmental protections are unenforceable. And rather than strengthen America’s hand against China (as its proponents claim), it only strengthens the hands of giant American-based corporations – whose loyalty is to their shareholders rather than to the United States. (These corporations will do whatever China wants if it helps their bottom lines.)
It’s a bad deal for Americans. Please call your senators and your representative and tell them you don’t want the Trans Pacific Partnership, and you don’t want “fast-track” that allows it to speed through Congress without debate or amendment.
See this post on Robert Reich’s blog.
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