Lobbyists from America's biggest corporations and Wall Street's biggest banks have been involved in pushing the Trans-Pacific Partnership but not the American public. Republicans who now run Congress say they want to cooperate with President Obama, and point to the administration's Trans-Pacific Partnership, or TPP, as the model. The only problem is the TPP would be a disaster.
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.
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
Tens of thousands of people are flooding the streets of cities all over Europe on Saturday in mass rallies against a controversial trade agreement between the US and the EU. Talks on the pact, called the Transatlantic Trade and Investment Partnership (TTIP), started last February and, having been mostly held behind closed doors, have raised widespread concerns in the European Union and beyond. ”
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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.
Yet more secretive Trans-Pacific Partnership (TPP) negotiations are underway today in Washington. Thanks to some hearty protestors braving the heat and humidity to hold a location pointer out in front of the Office of the U.S. Trade Representative, the word got out. For TPP negotiations launched in 2008 on a deal that was supposed to be done in 2011, 2012, and 2013 respectively, the sell-by date has long passed on this sort of closed-door diplomatic legislating.
Report suggests 'some giant corporations—and their executives—have decided that following the law is merely optional'
"Corporate criminals routinely escape meaningful prosecution for their misconduct."
This is the damning verdict of Sen. Elizabeth Warren's (D-Mass.) report released Friday, Rigged Justice: How Weak Enforcement Lets Corporate Offenders Off Easy (pdf).
This is what neoliberal governance looks like.
Skeptics said it wouldn’t last, and they were right.
Al Jazeera America launched in the summer of 2013, a spin-off of the Doha-based channel’s English version to specifically target a United States audience.
'This is a national train wreck that must be stopped,' says Common Cause
Agency shut down email surveillance in 2011, only to relaunch it under different intelligence laws.
The National Security Agency (NSA) secretly replaced its program monitoring Americans' emails and moved it overseas before the operation was exposed by Edward Snowden in 2013, according to new reporting.
Democrats in the Wisconsin Assembly recused themselves en masse from a Wednesday evening vote on a contentious GOP proposal to reshape the state's campaign finance laws. The bill passed shortly before 8 p.m. with the unanimous support of the chamber's Republican members, with no Democrats casting votes. The minority party has…
WASHINGTON - The International Monetary Fund (IMF) downgrades global growth forecasts and warns of rising debt levels in "emerging" economies in its newly released World Economic Outlook report. The report lowers growth forecasts in low-income and developing countries from 6% in 2014 to 4.8% in 2015. The IMF releases the report…
Civil society organizations, Indigenous communities, and social movements come together to challenge the World Bank’s neoliberal agenda, which has caused massive environmental destruction and social distress on the Latin American continent. Lima, Peru — The International Monetary Fund–World Bank Annual Meetings will take place in Lima, Peru this year from October…
New study highlights the repeated failure by U.S. lawmakers to crack down on tax avoidance schemes. America's Fortune 500 companies are "playing by different rules" when it comes to the federal tax system and, according to a new report out Tuesday, are stashing $2.1 trillion in offshore tax havens—with as…
The strategy by one of the nation's largest growers to shed its obligation to sign a contract with the United Farm Workers was dealt a key setback last week. An administrative law judge not only threw out what union organizers say was one of the dirtiest decertification elections in recent…