Trade

What You Need To Know About Trans-Pacific Partnership (TPP) Trade Rhetoric

What You Need To Know About Trans-Pacific Partnership (TPP) Trade Rhetoric
President Obama is likely to use the State of the Union to push for passage of the Trans-Pacific Partnership (TPP) and the rigged fast track trade promotion authority. Here are some facts to counter the expected public relations campaign.
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Red-Handed: Oil Companies Unhappy With Good News at the Pump Try to Sneak Shady Language Into Treaties

Red-Handed: Oil Companies Unhappy With Good News at the Pump Try to Sneak Shady Language Into Treaties
A surprising "boom" in oil and gas production, fueled (no pun intended) by fracking and pipelines, brought a surplus in barrels and lower prices for the first time in forever. Of course, that means less profit for the oil companies. So to ensure that the destruction of the world's natural resources benefits them and only them, they're sneaking language designed to lift a beneficial ban on oil exports into U.S. treaties – a new low for the industry.
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Power Grab: 'Investor-State Dispute Settlements' Are the Worst Thing You’ve Never Heard Of

Power Grab: 'Investor-State Dispute Settlements' Are the Worst Thing You’ve Never Heard Of
Arbitration has become an integral part of trade agreements like NAFTA and the TPP. What does that mean for consumers? Well, for a start, it's an end-run around courts, laws, the Constitution, and pretty much all things democratic.
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Tricks of Trade: WikiLeaks Uncovers Another Brutal, Secret, International Corporate Power Grab

Tricks of Trade: WikiLeaks Uncovers Another Brutal, Secret, International Corporate Power Grab
The secrecy surrounding TISA is being described as worse than the bastion of non-transparency that is the Trans Pacific Partnership (TPP). There is warranted fear that TISA would be the most dangerous piece in this axis of evil.
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State Subsidized Companies That Then Outsourced Jobs at Center of WI Gubernatorial Race

State Subsidized Companies That Then Outsourced Jobs at Center of WI Gubernatorial Race
As the Wisconsin gubernatorial race heats up, outsourcing is becoming an increasingly hot topic. Now, revelations about companies receiving tax incentives only to outsource jobs at a later date are turning up the heat further: "In the last decade, at least 25 companies with Wisconsin operations have both been awarded state funding and outsourced jobs, according to a State Journal review."
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Trans-Pacific Partnership Kills Already Ailing US Manufacturing, Say Labor Leaders

Trans-Pacific Partnership Kills Already Ailing US Manufacturing, Say Labor Leaders
The Trans-Pacific Partnership, if ratified, would decimate the already struggling US manufacturing sector said labor leaders in a conference call Thursday. The track record of these trade agreements, from NAFTA to AUSFTA, have proven every time a new one happens, US manufacturing jobs pour out of the country.
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Wikileaks Releases First TPP Chapter; Its Contents Show Why Trade Agreement Is So Secret

Wikileaks Releases First TPP Chapter; Its Contents Show Why Trade Agreement Is So Secret
We the People finally get to read one chapter of the 29-chapter Trans-Pacific Partnership “trade” agreement. If this agreement becomes law it will fundamentally alter the relationship between our government, other governments and giant multinational corporations, so you’d think America’s citizens would want to have a say in the negotiations. But the only reason We the People get to even read it at all is because it was leaked to Wikileaks.
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Manufacturing Unemployment: Free Trade with Low-Income Countries on the Rise

Manufacturing Unemployment: Free Trade with Low-Income Countries on the Rise
Many of the existing free trade agreements have seriously ill effects on income inequality, and experts agree that the upcoming Trans-Pacific Partnership could further damage the hurting U.S. manufacturing industry. What does it mean for the average local labor market? "Increased unemployment, decreased labor-force participation, and increased use of disability and other transfer benefits."
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China’s Acquisition of Massive US Pork Producer Smithfield Could Lead to Serious Health Concerns

China’s Acquisition of Massive US Pork Producer Smithfield Could Lead to Serious Health Concerns
The latest big story involving China’s acquisition of America should make us all nervous around the barbecue this summer: Shuanghui International has scooped up Smithfield, one of the world’s biggest pork producers.
This is a blockbuster deal worth almost $5 billion and it is part of a larger pattern of China buying us up. In fact, acquisitions like Smithfield -- a company started in Smithfield, Virginia -- represent the second stage of China’s bid to control the American economy.
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Deficit Fixed: Now Fix the Job, Wage, and Trade Gaps

Deficit Fixed: Now Fix the Job, Wage, and Trade Gaps
The deficit is now down 60 percent as a percent of gross domestic product. It is down more than deficit hawks Alan Simpson and Erskine Bowles asked for. This rapid reduction is seriously hurting the economy and jobs, but demands for cuts continue. It is time for Congress and the President to “pivot” to focusing on our real problems: the jobs gap, the wage gap and the trade gap.
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