Crony Capitalists Counter Attack for TPP

Democrats ripped President Barack Obama’s Asia Pacific trade deal in Philadelphia this week, much as Republicans had the week before in Cleveland. But despite the boisterous politics and candidates’ dead-on-arrival declarations, business groups have launched a well-funded, national effort to lobby their way to TPP approval. [Megan Cassella| August 1, 2016 |Politico] Caterpillar Inc. hosted…

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Who Gets the Gains from Trade?

Let’s start the debate about trade policy on the right foot. Everyone I know is “for” trade. A better question is, “Who gets the gains from trade?” [Stan Sorscher| July 29, 2016 |Huffington Post] Gains from anything, trade included, can be divided in 3 ways.  Someone might give you your share of gains, for whatever…

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COONS: TPP DEATH IN 2016 QUITE POSSIBLE:

Trade-supportive Democratic Sen. Chris Coons said the next administration will have to work hard to shore up relations in the Asia-Pacific region because there appears to be little chance of passing the TPP this year. [Adam Behsudi | July 29, 2016 |Politico] “I’ll take your presumption that TPP is dead for the rest of this Congress and this…

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RYAN SAYS NO TPP VOTE THIS YEAR:

House Speaker Paul Ryan said Tuesday that because of a handful of problems with the pact that the Obama administration has yet to fix, he doesn’t expect a vote to come up this year. [Megan Cassella July 27, 2016 |Politico]  “I think the administration screwed up negotiating it,” Ryan said at a luncheon in Milwaukee, according to…

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