More Corporate Cronyism and Shadiness Revealed in Newly Released Obamatrade Report

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The good news is that Senate Majority Leader Mitch McConnell recently admitted that the TPP, aka Obamatrade, has very little chance of passing Congress before next year’s Presidential election. The bad news is the main reason for this is because the RINOs in charge don’t think it represents enough of a giveaway to multi-national mega corporations.

All that aside, David Dayen just published a very valuable piece detailing the findings of a 121-page report critiquing the TPP by the Labor Advisory Committee.

Here’s more from Naked Capitalism:

The U.S. Trade Representative’s Office has been maligned for its network of Trade Advisory Committees, allegedly “independent” counsel for trade agreements. The Washington Post did the best work on the Advisory Committees back in February of last year, showing that 85 percent of the cleared advisors (meaning cleared to read the text of trade agreements as they are being negotiated) either worked directly for private industries or their trade groups.

But there’s another, more obscure group called the Labor Advisory Committee. Its 19 members are all the heads of major labor unions (Clayola Brown, president of the A. Phillip Randolph Institute, I guess technically isn’t, but that organization is a constituency group of the AFL-CIO). And like all Advisory Committees, they are required by law to write a report to Congress expressing their opinions about any finalized trade agreement. That means we now have this 121-page document, giving labor’s full argument against the TPP, from the people who have been following it from the inside for several years.

It gets off to quite a start in the first words of the executive summary:

On behalf of the millions of working people we represent, we believe that the TPP is unbalanced in its provisions, skewing benefits to economic elites while leaving workers to bear the brunt of the TPP’s downside. The TPP is likely to harm the U.S. economy, cost jobs, and lower wages.

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How the TPP Could Lead to Worldwide Internet Censorship

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On Monday, we learned that global “leaders” had come to an agreement on the infamous Trans Pacific Partnership, or TPP. While discouraging, this doesn’t mean the game is over — far from it.

Although politicians have come to a secret agreement, this democracy killing, corporate monstrosity still has to pass the U.S. Congress. So it’s now up to all of us to create an insurmountable degree of opposition and make sure this thing is dead on arrival.

The more I learn about the TPP, the more horrified I become. In case you need to get up to speed, check out the following:

U.S. State Department Upgrades Serial Human Rights Abuser Malaysia to Include it in the TPP

Julian Assange on the TPP – “Deal Isn’t About Trade, It’s About Corporate Control”

Trade Expert and TPP Whistleblower – “We Should Be Very Concerned about What’s Hidden in This Trade Deal”

As the Senate Prepares to Vote on “Fast Track,” Here’s a Quick Primer on the Dangers of the TPP

If that wasn’t enough to concern you, here’s the latest revelation.

From Common Dreams:

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