One of the things notably and happily absent from President Obama’s State of the Union speech this week was any push for the pro-corporate/globalization agenda found in the move to revive “Fast Track” and approve the so-called Trans-Pacific Partnership (TPP). About which, all a caring and thinking person can say is “thank goodness.”
As explained in this commentary from last October (“NAFTA on Steroids?”), the TPP is a potentially grave threat to the well-being of American workers and consumers and our national security itself. By ceding democratic powers to corporations and international tribunals, the TPP threatens to subject American labor, environmental and consumer protections to being overruled and dismantled as unlawful restraints on trade. Meanwhile “Fast Track” is an already discredited idea that would bestow powers on the President to unilaterally negotiate and control trade agreements that has been appended on to TPP legislation in Congress.
The President’s failure to promote the proposal is being hailed by opponents as an extremely positive sign — especially given the public opposition of Senate Majority Leader Harry Reid. According to the good folks at Public Citizen’s Global Trade Watch program: Read More
