President Obama on Tuesday defended the trade deal the U.S. is negotiating with 11 Pacific countries from concerns aired by Sen. Elizabeth Warren (D-MA) and other congressional Democrats.
“I love Elizabeth. We’re allies on a whole host of issues, but she’s wrong on this,” Obama said at a town hall with MSNBC’s Chris Matthews, according to the Huffington Post. “When you hear folks make a lot of suggestions about how bad this trade deal is, when you dig into the facts, they are wrong.”
Warren and others are worried that the Trans-Pacific Partnership could undermine U.S. financial regulations.
“We cannot afford a trade deal that undermines the government’s ability to protect the American economy,” Warren wrote in a December letter to U.S. Trade Representative Michael Froman.
So why is she wrong?
Sure, this is good for us, just like Clinton told us about NAFTA.
Hey Obama, who the fuck can dig into the facts when your narrow ass is keeping them under tighter wraps than classified security materials? What a scam. This will be railroaded through, with this sonofabitch as the engineer cranking up the engine.
No wonder so many voters have dropped out of the process. Resistance is futile when the party that’s offered as the choice for people who work for a living is nothing but a tool for the oligarchy, emboldened to the point they can get away with this shit in broad daylight without retribution by the rank-and-file loyalists for whom these stooges can do no wrong.
Please sign this petition to open up the text of the TPP for review
https://petitions.whitehouse.gov//petition/release-complete-text-tpp
In terms of domestic policy, this is the worst thing Obama has ever done or proposed to do. Was a secret agreement made? Did he sell his soul (and the soul of the Democratic Party) in order to get enough cash to be reelected?
NAFTA was good for us - just because you don’t understand the pretty simple concept of comparative advantage doesn’t mean the rest of us are equally in the dark. The problem over the past few decades has not been economic growth - economic growth has been fantastic - its been the failure of governments to ensure that wealth is distributed in a somewhat equitable manner, so all that additional wealth has become focused in the hands of a few.
Now, that being said, what’s concerning about the TPP is that we don’t really know what’s in it. Obama (and here in Canada, Harper) can’t expect us to simply trust his judgement on a major international agreement like this. Its outrageous.