“Have you heard? The TPP is a massive, controversial "free
trade" agreement currently being pushed by big corporations and
negotiated behind closed doors by officials from the United States
and 11 other countries – Australia, Brunei, Canada, Chile, Japan,
Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.
The TPP would expand the North American Free Trade Agreement (NAFTA) "trade" pact model that has spurred massive U.S. trade deficits and job loss, downward pressure on wages, unprecedented levels of inequality and new floods of agricultural imports. The TPP not only replicates, but expands NAFTA's special protections for firms that offshore U.S. jobs. And U.S. TPP negotiators literally used the 2011 Korea FTA – under which exports have fallen and trade deficits have surged – as the template for the TPP.
In one fell swoop, this secretive deal could:
expose the U.S. to unsafe food and products,
roll back Wall Street reforms,
ban Buy American policies needed to create green jobs,
offshore American jobs and increase income inequality,
jack up the cost of medicines,
sneak in SOPA-like threats to Internet freedom,
and empower corporations to attack our environmental and health safeguards.
Although it is called a "free trade" agreement, the TPP is not mainly about trade. Of TPP's 29 draft chapters, only five deal with traditional trade issues. One chapter would provide incentives to offshore jobs to low-wage countries. Many would impose limits on government policies that we rely on in our daily lives for safe food, a clean environment, and more. Our domestic federal, state and local policies would be required to comply with TPP rules.”
To find out more click here.
What makes all this important right now is a bill before Congress that would hand over their own constitutional authority to debate and modify this trade law. The process is called Fast Track, or Trade Promotion Authority. It creates special rules that empower the White House to negotiate and sign trade agreements without Congressional oversight. Lawmakers won’t be able to analyze and change their provisions, and have only 90 days for an up or down, Yes or No vote to ratify the entire treaty.
In this video Senator Elizabeth Warren exposes one of the provisions of this agreement called Investor Dispute Settlement and how it threatens our sovereignty.
Does all of this sound like something you'd want to find out more about and perhaps fight? Follow the links and find out more and below is one more if you'd like to sign a petition to keep Congress from approving this Fast Track authority.