The media has been pushing a line, following Republican victory in last week's midterm election, that the one area where Barack Obama and a now GOP-controlled Senate might find room for compromise is trade, especially the approval of the Trans-Pacific Partnership, or TPP, a twelve nation deal.
Though president once railed against so-called "free trade" agreements, he has now become outspoken champion of secretive deals that critics call attack on democracy, workers, and the planet.
TPP countries are already important export markets for the U.S. meat industry, but the industry believes that a new trade agreement would put those exports into overdrive,' report says
I'd be surprised if a single voter cast their ballot on Tuesday so multinational corporations could exempt themselves from national laws. I don’t remember one TV ad framing the election as a chance to raise prescription drug prices in poor countries, or to stop the government from buying American-made goods - See more at: http://www.thefiscaltimes.com/Columns/2014/11/07/GOP-Obama-Compromise-Would-Mean-Scary-Win-Big-Business#sthash.G2f9zZiH.dpuf
What could conservative Republican Reps. Michele Bachmann and Walter Jones and liberal Democratic Rep. Rosa DeLauro possibly agree on? They all want to limit President Barack Obama’s ability to “fast-track” international trade deals.
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WASHINGTON, D.C. -- Today, nearly 600 organizations led by the Sierra Club, AFL-CIO, the Communications Workers of America, the Citizens Trade Campaign, and Public Citizen sent a letter to Senate Finance Chairman Ron Wyden (D-OR) firmly rejecting fast-track trade promotion authority and calling for a new system for negotiating and implementing trade agreements.
The Trans-Pacific Partnership should not be under consideration for Fast Track. The trade agreement is being negotiated between the United States, Mexico, Canada and several countries in the Asia-Pacific region. Passage of TPP is an Obama administration goal; it has been discussed and altered for years.
Union representatives from affiliates of Public Services International (PSI), including the International Brotherhood of Teamsters, will make their case mid-week to Finance Committee Democrats that pending trade agreements are presenting a threat to workers in public service sectors by opening them up to privatization through multinational companies.
Chris Wyatt, a mortgage servicing executive of 20 years turned homeowners’ advocate, says he’s seen many homeowners run ragged on Ocwen’s modification roller coaster.
Three labor leaders walked into a bar. Okay, it wasn’t a bar. It was a slightly stuffy faculty club at the University of Chicago. Three union leaders were invited to the university’s Quadrangle Club by David Axelrod, a former top campaign and White House advisor to President Barack Obama. Aiming…
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In July of this year, Barack Obama boasted of an impressive recovery the US has undertaken since the Great Recession of 2008, proclaiming, "We've recovered faster and come farther than almost any other advanced country on Earth."
Measures aimed at raising the minimum wage passed overwhelmingly in the five states where they appeared on Tuesday's ballot.
A recent posting detailed how upper middle class Americans are rapidly losing ground to the one-percenters who averaged $5 million in wealth gains over just three years. It also noted that the global 1% has increased their wealth from $100 trillion to $127 trillion in just three years.
A recent report found that African-American girls were suspended at much higher rates than their white peers, a phenomenon that leads to lower earnings and educational attainment in the long run.
Detroit’s bankruptcy is a model for how wealthier and whiter Americans escape the costs of public goods they’d otherwise share with poorer and darker Americans. Are Detroit, its public employees, poor residents, and bondholders the only ones who should sacrifice when ‘Detroit’ can’t pay its bills? Or does the relevant…
Two UN rapporteurs recommended Detroit immediately resume water service for residents unable to pay their bills Surrounded by a frenzy of cameras, Detroit resident Rochelle McCaskill explained her predicament to a team of United Nations officials on Sunday: The numbers simply didn’t add up. Out of her $672 monthly disability…