10/9/2015, "Wikileaks release of TPP deal text stokes 'freedom of expression' fears," UK Guardian, Sam Thielman in NY
(scroll down): "Obama has pledged to make the TPP public but only after the legislation has passed.
Michael Wessel was one of the advisers who was asked by the US
government to review what he said were woefully inadequate portions of
the document. Wessel said the thrust of the TPP does nothing for
Americans.
“This is about increasing the ability of global corporations
to source wherever they can at the lowest cost,” he said.
“It is not about enhancing or promoting production in the United
States,” Wessel said. “We aren’t enforcing today’s trade agreements
adequately. Look at China and Korea. Now we’re not only expanding trade
to a far larger set of countries under a new set of rules that have yet
to be tested but we’re preparing to expand that to many more countries.
It would be easier to accept if we were enforcing today’s rules.”
Wessel said that ultimately, the countries currently benefiting from
increased outsourcing of jobs by American firms aren’t likely to see
wages rise above a certain level. “If you look in other countries,
Mexico and India and others – there’s been a rise in the middle class
but there’s been stagnation for those we’re hoping to get into the
middle class,” Wessel said.
“Companies are scouring the globe for
countries they can get to produce most cheaply.”
That, he said, results in constant downward pressure on American
wages. “Companies are not invested here the way we’d like them to;
they’re doing stock buybacks and higher dividends,” Wessel continued.
“They may yield support for the stock-holding class but it’s not
creating jobs.”"
.......................
Added: Trades deals are a way politicians sell out their fellow citizens:
May 16, 2016, Der Spiegel: "It's hard to know what drives politicians to sell out their people
and their country." (5th parag. from end)
5/6/2016, "The TTIPing Point: Protests Threaten Trans-Atlantic Trade Deal," Der Spiegel, Dinah Deckstein, Simone Salden, Michaela Schiebl
TTIP was a planned trade deal between US and EU cronies that European citizens found out about in time to stop: TTIP was
"a failed attempt to bypass 800 million European citizens as they negotiate
the world's largest bilateral trade agreement.
From the very beginning, the government underestimated the level of resistance these incursions on virtually all aspects of life would unleash among the people."...
The most deadly part of these trade deals is addition of a global arbitration court, a new global bureaucracy, out of reach of elected officials of any country, to decide disputes and award financial settlements, and which supercedes existing laws of countries involved. Per Der Spiegel, "the Americans," meaning ultra-globalist Obama, insisted on this global court for TTIP:
"Even the pledge made on the European side that there would be no arbitration courts has turned out to be wishful thinking. So far, the
Americans have insisted on the old style of arbitration court."
................
George Soros gave Ivanka's husband's business a $250 million credit line in 2015 per WSJ. Soros is also an investor in Jared's business.
Thursday, May 31, 2018
Per Obama adviser, trade deals force constant downward pressure on US wages, aren't about promoting production in the US. US isn't even enforcing existing trade agreements adequately. TPP does nothing for Americans, is about increasing ability of global corporations to source at lowest cost-UK Guardian, 10/9/2015
Subscribe to:
Post Comments (Atom)
Followers
Blog Archive
-
▼
2018
(987)
-
▼
May
(79)
- Mr. Trudeau, people are more informed about trade ...
- Per Obama adviser, trade deals force constant down...
- US and "allies" agreed to 'America Last' trade dea...
- Every US trade deal she's seen over 27 years has b...
- CIA parasites undermine efforts of US president, l...
- US political class is accessory to sex crimes of U...
- Lacking a soul but loving being on tv, Trey Gowdy ...
- Italy, we hear ya. Italy's vibrant working class c...
- NY Times reporter at Trump Nashville rally exempli...
- To Van Jones: You have no credibility on the subje...
- A better idea: Since Poland's borders are secure, ...
- Save the scare mongering about Fancy Bear, the sca...
- Most of Ivanka Trump company's US imports are ship...
- Obama at 2004 DNC keynote address says US has "mor...
- Obama NSA routinely installed unauthorized surveil...
- Obama admin. placed children with human trafficker...
- Key questions about Spygate are: Who at FBI or CIA...
- Educating global celebrity Clapper: You omit relev...
- To Mr. Clapper: It was Obama, not Putin, who in 20...
- UK MP says Russia should be under control of globa...
- Mr. DeNiro, if you think Trump is the problem, you...
- US oligarchs declare themselves in charge of "rule...
- When will US apologize to Russia and reinstate 60 ...
- Tinker, Tailor, Clapper, Carter, Downer, Halper, S...
- Trump eases draconian rules on small and community...
- Ukraine President Poroshenko greets Senators McCai...
- A quarter of migrants to Europe are infected with ...
- The problem isn't Haspel or even Brennan. It's the...
- Fusion GPS part of US oligarchy. Obama campaign hi...
- Of foreign meddling by UK's Christopher Steele in ...
- US government oligarch secretly granted multiple m...
- US oligarchs unite: Facebook announces new electio...
- Republicans lead Democrats by over 6 points in lat...
- At 2016 Trump Tower meeting as a translator, Anato...
- It’s not so much UK v Trump. This is academia, par...
- Wikipedia oligarchs selling US taxpayer funded End...
- British band wrote, "But there's no England now," ...
- Senate Judiciary Chairman Grassley to Rosenstein: ...
- Dads were legal owners of guns used by high school...
- US Deep State is so frenzied in its zeal to contro...
- With IntelGate US finally achieves Soviet values, ...
- Fox News adds meditation room with Muslim prayer r...
- The Soviet Union has not existed for over 26 years...
- Due to its documented negligence, DNC is the only ...
- At least one Russian at Trump Tower meeting was a ...
- As to America’s so-called allies: Iran deal was al...
- El Salvadoran gang members 'are savages.' El Salva...
- We're turning Pennsylvania 'the right shade of red...
- Republican O'Neal flips Pennsylvania's 48th distri...
- CIA official said, 'So you're from Congress--what ...
- Tragedy of John McCain's life is that for decades ...
- Broward school district has repeatedly made false ...
- Susan Hennessey of Lawfare says one must "trust" t...
- Ecuador hints it may hand over Assange which is un...
- During their 2008 campaign, Mrs. Palin outdrew McC...
- Iran strikes against Israel prove Trump's nuke-dea...
- Sarah Palin speaks out for Julian Assange after hi...
- Fact check: Obama's own State Dept. letter confirm...
- Sign at Trump rally in Elkhart, Indiana: 'CNN is v...
- Iran President said no need for Iran to sign nucle...
- No Iran 'deal' with US existed because Iran never ...
- Pennsylvania Democrat union official thought Hilla...
- Obama's legacy is President Trump-Rush Limbaugh, 5...
- Washington Post Editorial Board: Obama Iran deal f...
- France saw Obama "leadership often lacking resolve...
- New ocean zone discovered near Bermuda with more t...
- Former CIA official in Obama administration says B...
- At least charge Attorney General Jeff Sessions wit...
- We voted for Trump and not Jeb Bush because Trump ...
- McCain was completely unprepared to compete in the...
- Putin 1, Mueller O. Federal judge rejects Mueller ...
- Mueller team in Manafort trial tells federal judge...
- Trump beats Kasich 68-23 in New Hampshire Suffolk ...
- Dead silence at Trump rally in Michigan on 4/28/18...
- US incompetence unleashed WannaCry ransomware atta...
- Auto assembly workers in Mexico make about $2.90 a...
- It's time to break up the NSA-Bruce Schneier, CNN,...
- To NY Times: Obama said US elections can't be rigg...
- Iran and other countries would be justified in att...
-
▼
May
(79)
About Me
- susan
- I'm the daughter of a World War II Air Force pilot and outdoorsman who settled in New Jersey.
No comments:
Post a Comment