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Obama Explains Why 'The Greatest Corporate Power Grab In History' Is "The Right Thing For America"
Authored by Barack Obama, Op-Ed at BloombergView.com,
As president, my top priority is to grow our economy and strengthen the middle class. When I took office, America was in the middle of the worst recession since the Great Depression -- but thanks to the hard work and resilience of the American people, our businesses have created 13.5 million jobs over the past 68 months, the longest streak of private-sector job creation in history. The unemployment rate has been cut nearly in half -- lower than it’s been in more than seven years. We have come back further and faster from recession than nearly every other advanced nation on Earth.
That’s real progress. But as any middle-class family will tell you, we have more to do. That’s why I believe the Trans-Pacific Partnership is so important. It’s a trade deal that helps working families get ahead.
At a time when 95 percent of our potential customers live outside our borders, this agreement will open up new markets to made-in-America goods and services. Today, exports support 11.7 million American jobs. Companies that sell their goods around the world tend to grow faster, hire more employees and pay higher salaries than companies that don’t. On average, export-supported jobs pay up to 18 percent more than other jobs.
These are good jobs -- and this agreement will lead to even more of them. It would eliminate more than 18,000 taxes that various countries put on made-in-America products. For instance, last year, we exported $89 billion in automotive products alone to TPP countries, many of which have soaring tariffs -- more than 70 percent in some cases -- on made-in-America products. Our farmers and ranchers, whose exports account for roughly 20 percent of all farm income, face similarly high tariffs. Thanks to the TPP, those taxes will drop drastically, most of them to zero. That means more U.S. exports supporting more higher-paying American jobs.
At a time when our workers too often face an unfair playing field, this agreement also includes the highest labor standards of any trade deal in history. Provisions protecting worker safety and prohibiting child labor make sure that businesses abroad play by the same kinds of rules we have here at home. Provisions protecting the environment and combating wildlife trafficking make sure that economic growth doesn’t come at the expense of the only planet we call home. And these commitments are enforceable -- meaning we can hold other countries accountable through trade sanctions if they don’t follow through. So, these tough new rules level the playing field, and when American workers have a fair chance to compete, I believe they’ll win every time.
I’ve said many times that the Trans-Pacific Partnership is the right thing for our economy, for working Americans and for our middle class. But I’m not asking you to take my word for it. Instead, I’ve posted the agreement online. If you build cars in places such as Detroit, you can see for yourself how your products will have a better shot of hitting the road in places such as Japan. If you’re a farmer or rancher, you’ll see how your products will face fewer barriers abroad. If you’re a small-business owner, you’ll see how this agreement will mean less paperwork and less red tape.
Along with the text of the agreement, we've posted detailed materials to help explain it. It’s an unprecedented degree of transparency -- and it’s the right thing to do. Not every American will support this deal, and neither will every member of Congress. But I believe that in the end, the American people will see that it is a win for our workers, our businesses and our middle class. And I expect that, after the American people and Congress have an opportunity for months of careful review and consultation, Congress will approve it, and I’ll have the chance to sign it into law.
Together, we’ve overcome enormous obstacles over the past seven years. We’ve taken an economy that was in free fall and returned it to steady growth and job creation. And we’ve put ourselves in a position to restore America’s promise not only now, but for decades to come. That’s what I believe this agreement will help us do.
* * *
And in the other corner.. Chris Hedges explains why ObamaTrade is "The most brazen corporate power grab in American history"
The release Thursday of the 5,544-page text of the Trans-Pacific Partnership—a trade and investment agreement involving 12 countries comprising nearly 40 percent of global output—confirms what even its most apocalyptic critics feared.
“The TPP, along with the WTO [World Trade Organization] and NAFTA [North American Free Trade Agreement], is the most brazen corporate power grab in American history,” Ralph Nader told me when I reached him by phone in Washington, D.C. “It allows corporations to bypass our three branches of government to impose enforceable sanctions by secret tribunals. These tribunals can declare our labor, consumer and environmental protections [to be] unlawful, non-tariff barriers subject to fines for noncompliance. The TPP establishes a transnational, autocratic system of enforceable governance in defiance of our domestic laws.”
The TPP is part of a triad of trade agreements that includes the Transatlantic Trade and Investment Partnership (TTIP) and the Trade in Services Agreement (TiSA). TiSA, by calling for the privatization of all public services, is a mortal threat to the viability of the U.S. Postal Service, public education and other government-run enterprises and utilities; together these operations make up 80 percent of the U.S. economy. The TTIP and TiSA are still in the negotiation phase. They will follow on the heels of the TPP and are likely to go before Congress in 2017.
These three agreements solidify the creeping corporate coup d’état along with the final evisceration of national sovereignty. Citizens will be forced to give up control of their destiny and will be stripped of the ability to protect themselves from corporate predators, safeguard the ecosystem and find redress and justice in our now anemic and often dysfunctional democratic institutions. The agreements—filled with jargon, convoluted technical, trade and financial terms, legalese, fine print and obtuse phrasing—can be summed up in two words: corporate enslavement.
...
If there is no sustained popular uprising to prevent the passage of the TPP in Congress this spring we will be shackled by corporate power. Wages will decline. Working conditions will deteriorate. Unemployment will rise. Our few remaining rights will be revoked. The assault on the ecosystem will be accelerated. Banks and global speculation will be beyond oversight or control. Food safety standards and regulations will be jettisoned. Public services ranging from Medicare and Medicaid to the post office and public education will be abolished or dramatically slashed and taken over by for-profit corporations. Prices for basic commodities, including pharmaceuticals, will skyrocket. Social assistance programs will be drastically scaled back or terminated. And countries that have public health care systems, such as Canada and Australia, that are in the agreement will probably see their public health systems collapse under corporate assault. Corporations will be empowered to hold a wide variety of patents, including over plants and animals, turning basic necessities and the natural world into marketable products. And, just to make sure corporations extract every pound of flesh, any public law interpreted by corporations as impedingprojected profit, even a law designed to protect the environment or consumers, will be subject to challenge in an entity called the investor-state dispute settlement (ISDS) section. The ISDS, bolstered and expanded under the TPP, will see corporations paid massive sums in compensation from offending governments for impeding their “right” to further swell their bank accounts. Corporate profit effectively will replace the common good.
...
There is more than enough evidence from past trade agreements to indicate where the TPP—often called “NAFTA on steroids”—will lead. It is part of the inexorable march by corporations to wrest from us the ability to use government to defend the public and to build social and political organizations that promote the common good. Our corporate masters seek to turn the natural world and human beings into malleable commodities that will be used and exploited until exhaustion or collapse. Trade agreements are the tools being used to achieve this subjugation. The only response left is open, sustained and defiant popular revolt.
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I expect this to pass with flying colors. Too many people are busy watching how much dick the Kardashian's can suck in one sitting. The death of America will be a whimper through trade agreements. The pitchforks and torches will be too late, per the norm in this shit hole of a society.
He's got the "level playing field" partly right. When the flood gates of any aspect of life are opened, what happens? An equilibrium is eventually achieved. What was once a higher standard of living for Americans has slowly eroded over the decades and today we find ourselves having to "compete" with slave wage societies thanks to treaties like NAFTA and now TPP. Thanks, banksters... we'll never forget all that you've done to us.
He's not finished destroying what's left of America yet.
he said "Amazing things can happen in the 4th quarter"
Yep Barry, they can...........
Doesn't everyone want their grandkids to be slaves?
You failed to disarm us, Barry. And you will continue to fail, it's what you and your sycophants are made of.
Crash the dollar and you will see what the "right thing for Amerika is" because, as well all know, the "dollar" isn't even OURS, it's the bankers.
Burn it all down and start anew.
pods
Level our lifestyle. (90% of us)
In my administration, every pathetic bought and paid for traitor politician who voted for this travesty and betrayal of the nation will be yanked from his office or comfortable retirement and put in shackles and solitary in Leavenworth.. for the rest of their miserable lives.
Barry does not lead.....he is led and he is a mouthpiece.
Surprised?! He did what he was hired for to deliver and now to complete it he has to defend it. Capisci?!
The use of the idea of "fairness" in governance and economics is a fallacy, a capricious concept. It is an insidious tool that both elevates the proposer and vilifies the dissenter in one fell swoop. This hides the fact that it will cause the death of innovation, liberty and excellence in every society that attempts to wield it for such purpose.
We must return to the concept of EQUAL JUSTICE under the law. It is the only way to be truly "fair".
I see there's four middle class families holding out tough ... I guess he's intent to destroy those handful of hard-working, middle class folks.
Just the TPP. We know how that works out.
pods
It's the greatest threat global security has ever faced.
All the weapons in the world won't matter once ISIS army kick into gear!
http://motivationdose.com/electromagnetic-pulse-attack-emp-blackout-usa-...
I can't stomach all of this cynacism.
NAFTA and every other trade agreement in the last 30 years globalizing the economy has only proven to be a boon to the US; near 'full employment', corporate profits and CEO compensation at record levels, open borders diversifying the labor force, etc....
What more can you ask for?
moar profile pics of boobs & babes
less profile pics of boobs & babes
That's about all you'll be allowed to ask for.
And you can keep your doctor
Don't get me started ....
"Burn it all down and start anew"
https://daisyhouse.bandcamp.com/track/plague-song
@TeamDepends, while you still may have the 2nd Amendment it won't matter much longer because its the beginning of a new Dark Age. This is where 200 or 300 people control more wealth than 5,000,000,000. A statistic you would expect to read about during the 6th Century when you had Kings, Lords and Masters that were able to Rape, Pillage, torture and imprison the innocent with no recourse. Sound familiar to MF Global, RoboSigning, LIBOR Rigging, Gold Price Rigging, CEO's paying themselves $100 Million Year while staging mass layoffs, High Frequency Trading to skim profits and rig markets, QE to bail out the banks which gambled with derivatives, collapse of the middle class...etc.
A Dark Age has arrived and now setting up to roost.
The average schmuck in the 6th century (or even the 17th) could not reach out and touch someone from 500+ yards.
The Lords and Masters of today are only where they are because the game is still going on. Once it breaks, they are done. Their power is of THIS system.
pods
@pods : Yeah, right. I forgot to include the commoners are spied on non-stop and while constitutionally illegal it no longer matters since this is part of the puzzle to keep those pesky masses under control. When you post something like the above you probably just flagged yourself in that dragnet.
Welcome to the Dark Age!!
Being on this site already flagged you.
Yeah, I might have. But that doesn't mean it will ever come to pass.
And that power only lasts as long as the Fed.gov can deficit spend due to the USD being the world's reserve currency.
Like I said, once that system fails, so do all the bells and whistles. Unless you think that all the contractors, spooks, and goons are going to work for free.
pods
contractors, spooks, and goons....
At that point they will just be one of the zombies. Treat them accordingly.
An eye in the sky is NOT boots on the ground. One can look, but does not touch. When pondering whether some chick's rack was real, a buddy said 'If you can touch 'em, they're real'. Exactly right. Tyranny isnt quite the same until they are looking you in the eye.
so hpc--what are you afraid of most---living as a coward and a slave or dying as a coward and a slave? Thats the choice you're given now days----or maybe like some you don't accept the choices given you.---just saying--
Milton Friedman's deregulated Global Fascist Wet Dream. This is going to take his Chile experiment & make it look like a Resort Club only on a Fascist Global Scale.
yes much better to have everything regulated by brother Barry! Cronyism is not deregulation!
absolutely 100% WRONG
this is what RIGGED Global Fascist regulation written to favor insiders and wreck all competitors looks like.
Fail? The only failure I see is the failure of the American people to rise up in violent revolution and kill their oppressors. Salute your Chinese masters, you worthless bastards!
The Zionist banksters are Chinese? Color me suprised.
thousands of the PRC central committee members have been educated at Oxford.
whos team do you think they're really playing for?
............end.the.jewsury......and this all goes away
Had that same thought. At least we will be in the same camp?
It should be fun, I will put together a softball team.
pods
Sign me up
I got your backbeat with The FEMA Camp 5.
Available for birthdays, weddings, funerals and Bar Mitzvahs.
We'll even bring in a piper to send old mom and dad off in style.
https://www.youtube.com/watch?v=K-Op1Mng4oY
It’s an unprecedented degree of transparency -- and it’s the right thing to do.
It's only ttransparent when you post it before it's a done deal.
Replace "middle class" with "corporations" or ".001%" in Obamas speech and you have more factual information.
Damn corporations.
The Fabians are a patient lot. They've been working incrementally on this ' final solution ' for over two decades.
Serf's up, bitchez !
This seems like a sick parody. Orwellian even.
The Fabians have been at this for 100 years. Wells, Sanger, Shaw, Keynes, Woolf.
FORWARD FABIAN SOVIET!
The Fabians have been at this for 100 years.
At least.
Remember, Marx was a 3rd cousin of the Rothschilds, who bankrolled him while he wrote The Little Red Book.
Communism = banksterism = neofeudalism = NWO. Government of the people, BY the psychopaths, FOR the psychopaths.
The human race has a choice to make.
They could even call it the "Make us a little more China" bill and people would still think it's going to get them a job....at FoxConn.
Nothing finer than working your fingers to the bone for 18 hours earning 40 cents a day making iPhones while your 4 year old is chained to the fence outside like a junkyard dog.
All his farciful rhetoric and scheming doesn't trump $9.00/day labor rates. His whole concept is built on hope and relying on hope is no way to run a country or a business. I guess you have to be a community organizer to not see the truth in all that.
Nope. He knows goddamn well what he's doing. If you haven't figured out that this guy is a complete and total psychopath, you're not paying careful enough attention. He's a ZioBankster puppet who fancies himself one of the Olympians, and he jizzes himself thinking about the billions of souls worldwide that will be crushed under their bootheel.
All he's missing is the blue turban. But that's not because he's the actual "anti-christ." He thinks he is, though...
Conversely, if your tapped into the global pipeline of products from Asia, it's never been better. My wife for example works as a broker of cosmetics manufactured in Asia and sold to Europe and N. America. Her father did this as well. She makes 3x what he did in the 70s based on the profitability of wage arbitrage. Her father brokered American cosmetics to American retialers. So thats one of the few bright spots - brokering cheap Asian garbage will pay, the rest of us however are fucked.
Yeah. And like trade sanctions are this radical new idea? Nations have always been able to do that. And then the one slapped with it responds in kind. This man is a dangerous fool.
The questions that everyone should be asking, but won't:
1. $$$ -the ALL IMPORTANT Q: What Currency will be used in TPP trade, even among non-US trades? The USD? You can... bank on it. 'Long live King Dollar!' (as it compensates for lost sales of Petrol in non-USD).
2. LABOR: Does TPP lower the immigration barriers, or does it merely play the Global Arbitrage game of using or importing the cheapest labor?
3. TAXATION: Will Income Taxes be 'harmonized' -- not to each other, but to the IRS and its FAATCA?
Most females are also self-absorbed in how much dick they can get and care little about what's going on.
The politicians know this and use it to gain and give Americans a bad deal.
Ask any young American and they'll tell you superficial stupid stuff. Not a clue. They'll blame Bush or the republicans.
Surely not much depth for even the college educated ones.
Too bad because the US is going down the crapper.
I can save anyone the time and trouble of reading this thing:
Rule#1:
If THEY say it's "good for you", then it definitely isn't.
Rule#2:
Re-read Rule#1.
Rule#3:
Re-read Rule#1, again.
I thought as I started reading this I could fix it.
"As president, my top priority is to grow (wreck) our economy and strengthen (destroy) the middle class."
Then Rule #1 kicked in. It's the same reason that the only way things will ever change is when the masses roll out the guillotines shouting BULLSHIT. Not there...yet.
Talk to the people on the street. As soon as "the dumbest idiot you ever met", starts talking about "the greatest scam ever", you'll know we're there!
It's not that far away.
It will pass "with flying colors" because it was written by lobbyists. The American people were kept in the dark as long as possible and it's nothing but a news blip..."Mission Accomplished".
If you liked your OBUMMERCARE, you'll LOVE your OBUMMERTRADE
What pitchforks and torches? Americans are such dumb motherfuckers they have no idea how they are getting bent over. You are right about one thing, the US is a Third World shit hole. Salute your Chinese masters you worthless scum!!!!
^
lives in New Jersey.
When our own 'Representatives' refuse to read it and vote to pass it anyway who really gives a fuck what I think. In fact that is almost exactly what my State Rep told me the last time we communicated......
There's no reason people can't watch how much dick the Kardashian's can suck while opposing the TPP and performing other basic civic duties
This is not just about America. It is a catastrophe in Australia, too. We could not cope with any more of American exports, imports to us. We have a perennial trade deficit of about 10 billions on average. We need to make that money through the China trade and as hostilities mount between the US and China, the Chinese might well look for other supplies. Why would they not think, better not buy from Australia when they send the money to the US? Obama is vicious to promote that Trojan.
I am not going to participate and if my government does, I will no longer recognize my government and work with people to protect us from these evil thieves when the time comes.
https://www.popularresistance.org/mass-mobilization-to-stop-the-tpp-anno... - Marches planned for upcoming week - Join the crowd
http://act.freepress.net/sign/internet_congress_approp?source=website_ac... (Tell Congress via petition)
Those marches won't work unless every swinging dick participating has a rifle slung.
Really? I bet you are going to sit on your couch like all the other dumb SOBs in the USSA. When the time comes? It's come and gone - you are now a slave of the USSA!
I am not an American and don't sit in a couch like all the other SOBs and don't live there.
I am Canadian and as far as I am concerned, Obama, Air Force One, your Military and homeland security are not welcome here. Peaceful Americans who respect our sovereignty are welcome. I don't want to relinquish freedom and rights to a bunch of bureaucrats controlled by Wall Street and Lucifer.
If I was in charge here, I would force every one who wants to trade in Canada to produce what they sell here, like they did before NAFTA which is a joke as the little guy never got 'free trade' or free anything.
PLEASE Cherry Picker. Write to our new International Trade Minister
I just did mailto:Chrystia.Freeland@parl.gc.ca
If we are not expressing huge opposition to this as Canadians then we are the biggest fools. I believe this (like NAFTA) should go to a nationwide referendum. And every one who is able should vote it down.
cherry picker...the time has already passed and then on 9/11/2001 passed again.
"That means more U.S. exports supporting more higher-paying American jobs."
same swill we have all heard before every trade deal. where are we today? part time workforce making less
Most of the jobs for unskilled folk these days involve loading trucks with things made elsewhere; we'll leave it as an exercise for the reader whether manufacturers would prefer to pay for ObamaCare or suicide nets.
yep, in the late 90's they were telling us that for every job outsourced, two would be created. Yep... it happened, two jobs of finding another job that pays enough to support a family was created.
The USSA went from having good jobs, to having to give good blowjobs, just to pay the rent.
pods
I guess it works for the Kardashians and P. Hilton. Isn't porn what made them famous?
7 billion souls on this planet, for the most part all created through sex and yet we make famous people who fuck as if the rest of us can't. :)
I saw the Paris Hilton one. Nothing to write home about. Like she is the only chick to ever wear a pearl necklace.
Now if she could hide a whole summer sausage, that might mean something.
pods
That, and she was famous before she did the porn. She was famous, er, uhh, hmmm, well, because she was famous.
I heard greyhound bus station restrooms are good for that...
When the Aussies find out that their national health system is causing "lost profits" to big Pharma, they will not be happy. Most of the fine print in the IP section is to make other countries pay what Americans do for prescription drugs.
I was up in Wisconsin a few weeks back. All of the papers think the TPP is the greatest thing ever. Why? The farmers get to sell more GMO crap where that stuff is currently banned.
And the Press is scope locked on Ben Carson and what he might have said.
This liar in chief is an affront to cognizant thinking Americans and the media gives him a total pass.
The Republcan Establishment new world order crowd are in support of this and any involved should be tossed out of office.
The cycnicism with which all these political leaders talk about "free trade" and then concoct this document which is the antithesis of the same.
Criminal. Treasonous.
TPP is one of the worst trade agreements to come down the path. When Obama talks job creation he isn't talking about in the USA.
The politicians are totally selling out the country for chump change.
Funny, we've been shackled by corporate power since 1913.
As president, my top priority is to grow the 1% off the strength of the middle class. When I took office, thanks to my predecessor squandering trillions and refusing to rein in an out of control debt bomb, America was in the middle of the worst recession since the Great Depression -- but thanks to the hard luck and sacrifice of the American people, our businesses have replaced 13.5 million of the jobs destroyed over 68 months ago, the longest brown streak of McJob creation in history. The unemployment rate has been cut nearly in half, thanks to millions falling from the rolls, -- lower than it’s been in more than seven years, without even finding jobs for everyone. We, your stock and Congress owning overlords, have come back further and faster from recession than nearly every other segment of the income distribution. That’s real progress. But as any middle-class family still in existence tell you, we have more to do. That’s why I believe the Trans-Pacific Partnership is so important. It’s a trade deal that helps us get working families heads.
Without the Fracking Boom...Obama economy would have imploded immediately. Now it is going to swirl down for about 20+ years...like the Japan economy...till total default
AH ok.....I think I can translate this- 'Middle class, get ready to become slave labor.'
I'm still trying to understand TPP and its implications - but I think the Middle Class should brush up on their Spanish. I have a feeling with the dollar so strong and the Peso so weak even more companies are going to be climbing over Trump's wall heading South - to manufacture more cheaply. I don't know if this is good or bad for Mexico.
"the longest streak of private-sector job creation in history"
does this guy actually believe this? He means in China right?
No, he means in the US. He knows the liberal media will never challenge his lies.
One of those "grain of truth" lies (gotta give the sheeplets something to point to and rationalize their bleating, y'know)...the job creation they tout is indeed the longest run, but it's more of a "no place to go but up" scenario where saying it has taken 60 months to generate 13.5M jobs is a good thing, instead of a symptom that we're not recovering in the least. Second point is that the jobs created in no way resemble those lost, I know talented aero engineers who ended up working retail until they found another gig worthy of their skills. That counts as two "jobs created".
Any time someone tells you about "job creation", laugh in their fucking face. If it's a "job creator" trying to justify his existence, remind him that he only hires the people he needs to get work done and is nowhere to be found when the shit hits the fan. If it's a congresscritter or other teleprompted sociopath, remember that he's beholden to the people who write him checks, not you, dear citizen. If politicians are forced to choose between the rich holding their leashes and the poor, they will side with their captors every time.
"Any time someone tells you about "job creation", laugh in their fucking face. If it's a "job creator" trying to justify his existence, remind him that he only hires the people he needs to get work done and is nowhere to be found when the shit hits the fan."
Contender for dumbest statement of the day?
Do you hire 2 kids to lounge in your backyard instead of doing yardwork? Do you have to justify your existence by doing so? You need a job done, you hire someone to do it. That's it. You don't need to adopt the kids for life and support them.
Nobody owes you more than the value you bring to the table. If you don't like the terms of employment, nothing is preventing you from going down the road.
Only a communist would expect someone to keep them on the payroll if business slows down to the point where they don't need you anymore.
It's called real life. Grow up and get used to it.
It is pretty incredible, yeah? The consistent blatant lies from obirdbrains mouth. Everything obirdbrain says is a lie. Everything! How evil do you have to be to be able to do that? How hard do you have to focus on the lie you present? There is quite a bit of effort obirdbrain and the progressive criminals infesting the FEDGOV put into lying to the public. Which is a crime.
But that is standard progressive policy, lies and crime. SOP for progressives is lies. Am I wrong?
It is damn sure not a constitutional conservative thing is it?
To have tyranny, lies and crime you first must have progressives.
Grimaldus
little guy with big ears said a giant sucking sound. been building up to this for a long time. only your mom has your best interest at heart.
Where can I find a 2-ply flushable version of this article?
It's time for an O'bowel movement.
we TPPed some folks
After All the Obama Care LIES why does anyone believe or listen.
TPP, TTIP, TISA and what the hell these agreements are all called will lead to a complete erosion of people's social, labor and environmental rights and is nothing more than a corporate takeover of a planet. Under the banner of 'liberalization' they promise you better service for lower prices but you see exactly the opposite occurring.
Read Nomi Prins' "All the Presidents' Bankers" ...same as it was for a hundred years since the imbecile Woodrow Wilson let them in...
As stated in the 1889 book The Great Red Dragon: Foreign Money Power in the United States, their stated goal "is to own the earth in fee-simple." If we give in, the reign of the sociopaths may be a very, very long time.
Fuck the white house monkey
Every fucking day..when it can't get any dumber it does
I really was not or am a raycist but this nigger has brought of me
Angry white man 46
what is in the best interest of americans is to labor on your own account. No taxes, no looting, and you save a ton of money. In essance, go galt and have a human experience.
"the longest streak of private-sector job creation in history"
"the longest streak of public debt creation in history"
There, fixed it for you.
And if your kid is a STEM graduate it will be even harder for him to find a job because I am going to increase the number of H1Bs. It's the right thing to do.
Get out of my turf. You lousy golfer.
Inverted totalitarianism has its SUPER-SALESMAN !
The Premise here is that the US Private Oligarchy leads the pecking order of New New World Order.
In that Obammy is not wrong; they undoubtedly do.
Only downside : What Reaganomics and Thacherism started is the planned demolition of the Welfare salaried middle class state; and that is RIGHT on schedule in first world with a share of it going to the Chindia and BRIC regions to LEVEL the playing field of the NEW order of neo-feudalism; where US hi-tech leads the world in the AI and Internet age.
We say goodbye to democracy (in the first world, those others don't even know what it means!) and we promote an Uber class to emerge in the rest of the world.
What could be wrong with that with the SQUID masterminding the Reserve currency hegemony via CB print and American MIIC organising the military agenda?
It's a dirty job but someone has to do it.
The French tried and failed miserably. They have to content themselves with their own little socialist paradise.
This Community Organizer and White House Janitor is a fool.
did he really say "unprecedented degree of transparency"? fucking mother fucker could have sold goebbels the brooklyn bridge.
how can these clowns lie with a straight face so well? is there a drug for that?
It's what sociopaths do so well, not having empathy nor conscience. Are the 99%'ers really that ignorant? (YES)
Its a recessive gene, they are literally malformed human beings. Thats why there is only 1%. I call it the GREED gene. The rest of us are normal and think they are crazy.
Let me explain why Obama is the WRONG thing for America...... Ill get back to you with my opinion in about a month when Im done digesting this monstrosity of a trade agreement. Baffle them with B.S. Put the whole thing right in front of them and see if they'll read it. This is how we will destroy you any hope you have left.. good luck and enjoy the read.
P.S. we will continue to slam gold hard so China, Russia and India can pick it up cheap... because I care about U! Thanks for being such good sports O.
This whole charade started a long time ago when Bush tried to foist on the American people that we need all boats to rise to maintain and improve our standard of living. Unfortunately the laws of physics don't work that way when the USA is consuming 25% of the worlds resources with 5% of the population. But hey it sounds like a Marixst wet dream so lets go with it.
Like all good in the cloud ideas they sound good behind a teleprompter but cannot be realistically executed. This "partnership" is nothing but a grand wealth redistribution scheme from the head Marxist in Chief. He's been dreaming about knocking down America to 3rd world equivalent status since he was riding the Choom Wagon back in the day.
As president, my top priority is to grow our economy and strengthen the middle class.
On that alone, you have been a failure. Sorry, complete failure.
"As president, my top priority is to grow our economy and strengthen the middle class."
Truth Translation...
"As president my top priority (with the full support of the Republican Congress) is to artificially, through number fudging if necessary, grow our economy and strengthen the middle class in order to wildly enrich those spending the most money lobbying in DC."
I thought he previously told us it was to make sure no one said anything bad about islam.
Barry doesn't see what's building up in the collective mind
No, he's thinking about the build up in his personal bank account after he leaves office for his screwing over of the bulk of the citizenry with a smile and socially engineered wordsmithing. Smiley faced fascist.
"SMILEY FACED FASCIST." Nailed it!!
http://farm5.staticflickr.com/4002/4270556555_150ec71ea2.jpg
My job is refueling Air Force One for Obama's golf trips and fund-raisers and general F/O trips. My future is so bright I gotta wear shades.
Do rw trolls on zerohedge realize Obama and ALL republicans support TPP? Before you go badmouthing it do research.
RW? Read-write? What is your point, that we should shut up and accept this tripe, or that we're right wing? Or that you support this, and your best argument in its defense is that the bought and paid for Republicans are one board with it? Or stfu? Just STFU.
painful..the fact that obuma's team pushed this and has the power to do it, they chose to do it. you do understand that? no?..not all so called repubs support this, esp the base..however the one party elite insiders do. you go research the effects of past trade agreements like nafta..zh did a great thread a while back on the effects of free trade on middle class..look it up.
painful here 13 weeks, . he says "I am no troll", like obuma is no lying drone murderer, muslim- homo I guess..
RINOs support TPP but certainly not all Republicans. See Senator Jeff Sessions http://www.breitbart.com/big-government/2015/11/06/jeff-sessions-trans-pacific-trade-deal-erosion-sovereignty/ and Donald Trump http://www.breitbart.com/big-government/2015/11/09/exclusive-donald-trump-obamas-trans-pacific-free-trade-deal-insanity/ , both of whom have slammed it.
starts off lying with the first sentence. bravo mother fucker.
What is the USSA exporting that will benefit from this Unfair trade agreement?
Crazily priced pharmaceuticals, weapons, fraudulent financial instruments, shitty imbecilic films, goods that are actually manufactured outside the USSA then assembled and shipped from USSA as an export??
Jobs? Right! This is nails in the NAFTA coffin time - total corporate coup d'etat.
Keep manufacturing those fantasy numbers, USSA, because it's the only thing you are still manufacturing.
so King Putt says this TPP is good for the middle class?! this To Permanent Pauperness deal is worse than the (un)Afordable Care Act!!!
Just a reminder this is the same president who said if you like your doctor you can keep your doctor. There is absolutely no reason to believe this Marxist con man any longer people.
He got elected...twice.
Don't waste your fingerprints.
SELECTED. You forgot a letter.
This is not acutally Marxism. NOR is it Socialism.
My trade magazine tells me TTP is going to be the best thing since rubber condoms. Normally these guys hate Obama, but on this they think he's the new Messiah. Of course I smell a rat. The same Obama who is now trying to save ranchers and farmers just last month was ready to cruify them all on the cross of the EPA, with the new Waters of the US rules. The Pretender in Chief claims that TTP will reduce paperwork for small businesses. Funny, I don't think massive bureaucracies are interested in reducing paperwork.
Either this clown is schizophrenic, or he's lying. Either way, we're fucked, no matter what happens next November.
Does it really matter?
Con-gress troglodykes will allow it's unconstitutional ratification regardless of what any mere mortal wants,,, unconstitutional because it subordinates the ex "Supreme Law of the Land"
But hey,,, We don't need no stinking constitution,,, no stinking real money,,, no stinking rule of law,,, no stinking borders,,, no stinking culture,,, and no stinking production.
We're exceptional now.
Anybody who votes for the Republicans or the Democrats is an enemy of the human race, although a bona fide American for sure.
Scum.
from: The Economics of Ludwig von Mises: Toward a Critical Reappraisal
....here is one vital but neglected area where the Mises analysis of economic calculation needs to be expanded. For in a profound sense, the theory is not about socialism at all! Instead, it applies to any situation where one group has acquired control of the means of production over a large area—or, in a strict sense, throughout the world. On this particular aspect of socialism, it doesn't matter whether this unitary control has come about through the coercive expropriation brought about by socialism or by voluntary processes on the free market. For what the Mises theory focuses on is not simply the numerous inefficiencies of the political as compared to the profit-making market process, but the fact that a market for capital goods has disappeared. This means that, just as Socialist central planning could not calculate economically, no One Big Firm could own or control the entire economy. The Mises analysis applies to ay situation where a market for capital goods has disappeared in a complex industrial economy, whether because of socialism or because of a giant merger into One Big Firm or One Big Cartel.
5.26
If this extension is correct, then the Mises analysis also supplies us the answer to the age-old criticism leveled at the unhampered, unregulated free-market economy: what if all firms banded together into one big firm that would exercise a monopoly over the economy equivalent to socialism? The answer would be that such a firm could not calculate because of the absence of a market, and therefore that it would suffer grave losses and dislocations. Hence, while a Socialist Planning Board need not worry about losses that would be made up by the taxpayer, One Big Firm would soon find itself suffering severe losses and would therefore disintegrate under this pressure. We might extend this analysis even further. For it seems to follow that, as we approach One Big Firm on the market, as mergers begin to eliminate capital goods markets in industry after industry, these calculation problems will begin to appear, albeit not as catastrophically as under full monopoly. In the same way the Soviet Union suffers calculation problems, albeit not so severe as would be the case were the entire world to be absorbed into the Soviet Union with the disappearance of the world market. If, then, calculation problems begin to arise as markets disappear, this places a free-market limit, not simply on One Big Firm, but even on partial monopolies that eradicate markets. Hence, the free market contains within itself a built-in mechanism limiting the relative size of firms in order to preserve markets throughout the economy. This point also serves to extend the notable analysis of Professor Coase on the market determinants of the size of the firm, or of the relative extent of corporate planning within the firm as against the use of exchange and the price mechanism. Coase pointed out that there are diminishing benefits and increasing costs to each of these two alternatives, resulting, as he put it, in an"'optimum' amount of planning"in the free market system."*143 Our thesis adds that the costs of internal corporate planning become prohibitive as soon as markets for capital goods begin to disappear, so that the free-market optimum will always stop well short not only of One Big Firm throughout the world market but also of any disappearance of specific markets and hence of economic calculation in that product or resource. Coase stated that the important difference between planning under socialism and within business firms on the free market is that the former"is imposed on industry while firms arise voluntarily beasuse they represent a more efficient method of organizing production."*144 If our view is correct, then, this optimal free-market degree of planning also contains within itself a built-in safeguard against eliminating markets, which are so vital to economic calculation.
5.27
In fact, we may turn the question around to ask the Socialists: if, indeed, central planning is more efficient than, or even equally efficient to, the free-market economy, then why has central planning never come about through the creation of One Big Firm by the voluntary market process? The fact that One Big Firm has never arisen on the market and that it needs the coercive might of the State to establish such central planning under socialism demonstrates that the latter could not be the most efficient method of organizing the economy.*145
from:
http://www.econlib.org/library/NPDBooks/Moss/mslLvM5.html
Good Work! A bit too crebral for me, though.
The "natural order" to the ebb and flow of human enterprise leads to Oligopoly, not monopoly. Neither Socialism nor Capitalism will ever get to that One Big Firm. Power will -in many instances already has- concentrate into the hands of a very few; but not into one entity.
Even in politics, the uni-polar one-world order will never exist, no matter how much the few -who already control so much- may try to create it.
As far as these extensions of the World Trade Organization goes, they are just another move toward capitalist/oligopolist efficiency. Of course it is anti-democratic; and for this reason alone, it should be fought against by every person who truly believes that democratic processes assure mankind the best chance for liberty and equality. (I don't believe that a majority of people on this earth actually believe that they do.)
This will remain a multi-polar world. But there will be few benefits for those who cannot or will not partipate within the scope of opportunity allowed to them.
could you clarify the opportunity you see??
"this will remain a multi-polar world. But there will be few benefits for those who cannot or will not partipate within the scope of opportunity allowed to them."
Opportunity will itself be a commodity. That is why I used the term "allowed". For those connected to the very few, opportunity will be great. For the rest, opportunity will be relative and will be constrained by the availability of many willing to work for less. So, in other words, there won't be much opportunity to spread over the majority.
This situation will exist for any group in any economic system. But if we lived in a nation-centric "Americans first" political system, the population competing to do the work will be limited to people living in America. Further, that would allow our (freely??) elected government to establish standards for safety, health, benefits, as well as compensation, without the capitalists being able to use resources outside of America to circumvent or undermine those standards.
For example, if a uniform and universal tariff rate, equal to our maximum personal income tax rate, were imposed upon all goods and services sourced from outside America which would be consumed by people living in America, there would be a clear and fair incentive for all capitalists to maximize their utilization of our domestic resources and to minimize the incentive to outsource and import. The tariff tax would compensate for the loss of domestic income, that would otherwise have spurred domestic activity and would have increased the tax base of our country, had those goods/services been produced by people living in America.
Every country -no matter how democratic or autocratic its government may be- should be governed with the aim to "promote the general welfare, provide for the common defense, and ensure the blessings of librty for ourselves and our posterity". Multinational trade treaties do not promote the general welfare of this nor any other nation.
thanks anach, there, then, is no opportunity for you and I, on this we agree.
I second your tariff statement as well..so many of us out of the club types see the lie behind free trade, so many, yet not enough.
"central planning under socialism demonstrates that the latter could not be the most efficient method of organizing the economy.*145"
The same basic principle applies to why socialists, in support of their ideals, never create businesses of their own with their own capital, but always exhort others to risk their capital to create a workers paradise.
I've yet to see any business model created by socialists where the CEO and the floorsweeper take home the same pay.
Not one.
An owner selling shares to employees to create an "employee owned" company is not the same thing by a long shot.
Obama is one of the greatest to your face liars of all time.
Why anyone would believe anything he says is beyond my realm of thinking.
The fact Obama is so adament about this trade deal tells me with 100% certainty that it will be a horrible deal for America.
Hilliar Cunton is still the undisputed, Heavyweight Champion of to your face lying. She hasn't told the truth since she told Bill, "I wear the pants..."
@ProWeb365 :This Community Organizer and White House Janitor is a fool.
Anyone else starting to figure out just how Obumbler managed to buy a $12 million shack in Hawaii? It is not from his salary as pres.
We need to call out that traitor trade rep Michael Froman for his role in pushing this thing.
Funny how people see these "trade" agreements.
Those who subsist on the generosity of strangers---everyone from EBT cardholders to tenured economics professors---eats them up like candy. They tend to be either too stupid to realize what's going on or too well-connected to care.
Nobody who has to work for a living appreciates them somehow.
In principle, yes, we're all on average better off after these agreements and everybody who lost out could be compensated out of the higher real income. When was the last time anybody who had a case to be compensated for loss of employment and income due to offshoring actually was?
The benefits of free trade, with very few exceptions, go to the already rich and well-connected, with a few crumbs thrown to the FSA to reward them for voting for champions of free trade. Everyone else has gone without a pay rise in 30 years.
"our businesses have created 13.5 million jobs (waiters) over the past 68 months"
But how many (real jobs) did you lose.....
13.5 million jobs, means about 9 million workers (being generous), counting part time workers. How many of those jobs were churned? Is 13.5 really 6 million, with 6 million "folk" getting fired or moving on? Rehires? Where to 94 million out of work workers come from in this booming economy?
I heard we are all going to get free Monsanto butt cancer tumors ...
(that's cool - right?)
Wasn't this the guy who said he would scrap NAFTA if he was elected?