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About Progressive Round Table Displaying items by tag: Trans Pacific Partnership
Displaying items by tag: Trans Pacific Partnership

We wrote yesterday that this deal, the Trans Pacific Partnership, already looked to be in trouble given both Congressional and foreign opposition. The Administration has conducted the talks with an unheard-of degree of secrecy, with Congressional staffers in most cases denied access to the text and even Congressmen themselves facing unheard-of obstacles (Alan Grayson reported that the US Trade Representative created an absurd six weeks of dubious delays in his case).

The New York Times reported serious worry in the U.S. Congress about the Trans Pacific Strategic Economic Partnership Agreement (TPP for short), a massive new free trade deal being pushed by the United States with the involvement of 11 other countries on both sides of the Pacific. About 170 Congresspersons have signed on to one or more of three letters which oppose fast track status forthe deal.

The TPP is the largest-ever economic treaty, encompassing nations representing more than 40 per cent of the world’s GDP. The WikiLeaks release of the text comes ahead of the decisive TPP Chief Negotiators summit in Salt Lake City, Utah, on 19-24 November 2013. 

The US pharmaceutical industry has been shaping elements of the Obama administration’s secret Trans-Pacific Partnership trade agreement to favor their own profits. But the deal could also could cause the price of prescription drugs and some medical devices to soar on a global scale.

Monday, 21 October 2013 00:00

Trading You In

Ten score and thirteen years ago corporate forefathers began conquering wilderness, steam, gas, oil, electricity, transcontinental rails and airways communication, prospering by quenching America’s thirst for more, better, faster.  Now we who built it, want more, faster, so thinking locally, we trade globally.  Thus unlike you, we will always have money to eat.

President Barack Obama has demanding a ‘trade promotion authority’ from the United States Congress to fast-track the Pacific Rim treaty, the Trans-Pacific Partnership.[1]

The fast-track authority plays a pivotal role in determining the extent to which the United States Congress can engage in a critical review of trade agreements.[2]

Progressive Democrats in Congress are ramping up pressure on the Obama administration to release the text of Trans-Pacific Partnership, a secretive free trade agreement with 10 other nations, amid intensifying controversy over the administration's transparency record and its treatment of classified information.

Protesters scaled the Office of the U.S. Trade Representative on Monday and dropped banners calling for greater transparency and an end to "corporatocracy" over the ongoing and secretive Trans-Pacific Partnership trade agreement currently in the works between the United States and several Pacific nations.

New warnings on TPP, free trade 'regime' fostering 'global emergency situation'

As secretive talks over the Trans Pacific Partnership (TPP)—the pending free trade agreement slammed as "NAFTA on steroids" and "a quiet coup for the investor class"—continue, new warnings highlight the corporate winners and global losers at stake.

Wednesday, 09 October 2013 00:00

Economic and Social Justice

The enormous wealth disparity between the top 1% and the rest of America is an unsustainable economic and social injustice. We are committed to an economic recovery that employs all those willing and able, that houses all those needing shelter, and that imposes the cost based on the ability to pay.

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