USW: Fast Track’s TPP Trojan Horse: the Facade of Free Trade Hiding Protectionism for Multinational Corporations

Advocates use the concept of free trade like it’s a silver bullet that solves the world’s growth challenges to justify Fast Tracking the Trans-Pacific Partnership (TPP) free trade agreement. But hidden behind the façade of free trade the crony capitalists’ are fostering protectionism for multinational corporations in the form of the investor-state dispute settlement (ISDS)…

CNN: Inside the trade bill’s collapse

(CNN) There’s no path for Congress to send President Barack Obama a historic free trade package right now, potentially marking the death of a measure he envisioned as a pillar of his second-term legacy. [Reposted from CNN  |  Eric Bradner and Deirdre Walsh  |  June 16, 2015] The House was expected to hold another vote…

Philly.com: On trade, Pelosi does GOP a favor

When Nancy Pelosi pleaded with her Democratic colleagues to “slow down the fast-track to get to a better deal for the American people,” the House minority leader inadvertently helped the GOP. By pulling the plug on President Obama’s crony corporatist trade deal, Pelosi effectively held Republicans back from colluding with an unpopular president to fully…

Greg Autry: Why Our Trade Deal Disasters March On

While trade is indeed a great and wonderful force for improving the human condition, the fundamental problem with any agreement approaching the scope of the Trans Pacific Partnership is that the complex weave of needs and demands from many nations will invariably cause it to deviate very significantly from David Ricardo’s extremely simple theoretical model…

Lori Wallach: Fast Track Down

The Fast Track trade authority package was rejected Friday because two years of effort by a vast corporate coalition, the White House and GOP leaders — and weeks of deals swapped for yes votes — could not assuage a majority in the House of Representatives facing constituents’ concerns that more of the same trade policy…