Developing countries including India win concessions but critics say World Trade Organisation is no forum for helping the poor. The first global trade deal since the creation of the World Trade Organisation (WTO) nearly two decades ago was condemned by anti-poverty groups on Friday as a boost for big business at the expense of developing nations.
A new caucus of supporters of the Trans-Pacific Partnership agreement under negotiation was launched yesterday in the US Congress.
The Friends of the Trans-Pacific Partnership (TPP) caucus is headed by four co-chairman: Republican Reps. David Reichert of Washington and Charles Boustany of Louisiana, and Democratic Reps. Ron Kind of Wisconsin and Gregory Meeks of New York.
Outside Salt Lake City’s Grand America Hotel on Tuesday, the rains fell, the speakers rose, the marchers chanted.
Inside, top trade negotiators from the United States and 11 other Pacific Rim nations perhaps discussed imports and exports, profits and products, prices and patents. The exact topics aren’t known. The talks were closed.
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 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.
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.
Democratic Massachusetts Rep. Jim McGovern last Tuesday proposed two Constitutional amendments on the House floor that would overturn the Supreme Court’s Citizens United decision, which lifted limits on political spending and unleashed a flood of funding into political organizations starting in 2010.
U.S. Rep. Jim McGovern (D-MA) today introduced two Constitutional amendments to overturn the Supreme Court’s decision in the Citizens United case, which unleashed a flood of corporate and special interest money into the American political system.
THE FIRST three words of the preamble of our Constitution are “We the People.’’ Two years ago today the US Supreme Court in Citizens United v. Federal Election Commission upended that promising vision. Corporations — which do not have mouths, minds, or consciences — won a “free speech’’ right to spend unlimited money to influence elections.
U.S. Rep. James P. McGovern said he will never forget a tip he received from an old boss about the way things work on Capitol Hill.