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n2doc

(47,953 posts)
Sat Apr 26, 2014, 04:33 PM Apr 2014

Why Would Obama Push A Trade Deal That Would Cut Pay Of 90% Of Workers?

By Dave Johnson
April 26, 2014

Research concludes that if you're making less than $87,000 per year (the current 90th percentile wage), the Trans-Pacific Partnership would mean a pay cut. But that's fine for corporations who want this treaty.




President Obama is in Asia, partly to "reassure" partner countries that the U.S. is a strong ally and partly to push the Trans-Pacific Partnership (TPP). Both are to counter China's growing influence. While TPP is being sold as a "strategic" countermeasure to China, like other so-called "trade" agreements TPP does not help American workers; it hurts them.

Obama In Asia Pushing TPP

President Obama is in Japan as part of his "pivot to Asia" tour of Pacific countries. He is also visiting South Korea, Malaysia and the Philippines. The trip is meant to demonstrate U.S. diplomatic and economic efforts toward Pacific nations to counterbalance China's increasing influence in the region. Part of this effort is a big push to get TPP negotiations back on track and completed.

TPP is a massive "trade" treaty between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam. "Trade" is in quotes because only five of the treaty's 29 chapters actually deal with trade. Others set rules on investment, set limits on the ability of governments to regulate corporations, restrict a government's ability to spend its own tax dollars on goods made in that country (such as "Buy America" procurement policies) and other things well beyond the usual scope of what would be considered a trade agreement. This leads many to claim that the treaty is really about limiting the ability of governments to reign in the giant corporations. (For those not familiar with TPP, read all about it in ourfuture.org's TPP section.)

more

http://crooksandliars.com/2014/04/why-would-obama-push-trade-deal-would-cut

simple. $$$$$$$$ for his backers. $$$$$$$$ for him after he leaves the Presidency. Just like Bubba. And Shrub, and Poppy Bush….

29 replies = new reply since forum marked as read
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Why Would Obama Push A Trade Deal That Would Cut Pay Of 90% Of Workers? (Original Post) n2doc Apr 2014 OP
Because he and the backers of this trade deal make well over $87,000 per year Autumn Apr 2014 #1
Gains from Trade? The Net Effect of the Trans-Pacific Partnership Agreement on U.S. Wages Ichingcarpenter Apr 2014 #2
If all those gains go to the 10%, screw it. n/t n2doc Apr 2014 #3
Excellent stuff. +1 n/t lumberjack_jeff Apr 2014 #12
because it it what his bosses want Skittles Apr 2014 #4
Yep... awoke_in_2003 Apr 2014 #6
so he can push for a minimum wage increase stupidicus Apr 2014 #5
More like 1 forward and two back. bvar22 Apr 2014 #18
he can put all the lipstick in the world on this PIG noiretextatique Apr 2014 #22
Must read post, thanks:) grahamhgreen Apr 2014 #23
yep stupidicus Apr 2014 #29
And if Democrats nominate and elect Hillary Clinton, the TPP is a sure thing. JDPriestly Apr 2014 #7
+1 an entire shit load. Enthusiast Apr 2014 #8
+100 n/t whathehell Apr 2014 #16
Ask Obama. Only he knows but whether you get a truthful answer is another matter. Boomerproud Apr 2014 #9
Oh you people just don't understand Nth dementional chess. progressoid Apr 2014 #10
Because we're not the constituents. We're the resources that the constituents exploit. lumberjack_jeff Apr 2014 #11
I feel like a bag of rice. Curmudgeoness Apr 2014 #17
Wall Street ueber Alles. Octafish Apr 2014 #13
The Oligarchs, Corporations And Banks Own And Control The Politicians That Own And Control Us cantbeserious Apr 2014 #14
post-presidential office: $.5 million speaking fees at corporate "retreats" Divernan Apr 2014 #15
For the same reason the CIA has done the following: nationalize the fed Apr 2014 #19
This Should End The "Playing Chess" Mantra colsohlibgal Apr 2014 #20
because the people who'd shut down the country's 200 biggest cities had a Pub done it MisterP Apr 2014 #21
oh, c'mon guys. why the poutrage? it hasn't happened...yet! KG Apr 2014 #24
It pretty obvious if you look at the markets. Jesus Malverde Apr 2014 #25
Because both parties janlyn Apr 2014 #26
What's Trade got to Do With It? reACTIONary Apr 2014 #27
As Krugman would say, smart and serious people that Obama has surrounded himself think this is a great idea Paulie Apr 2014 #28

Autumn

(45,066 posts)
1. Because he and the backers of this trade deal make well over $87,000 per year
Sat Apr 26, 2014, 04:37 PM
Apr 2014

and it will never impact them.

 

stupidicus

(2,570 posts)
5. so he can push for a minimum wage increase
Sat Apr 26, 2014, 06:15 PM
Apr 2014

one step forward, then one back.

He probably likes his bread buttered on both sides too

bvar22

(39,909 posts)
18. More like 1 forward and two back.
Sat Apr 26, 2014, 08:26 PM
Apr 2014

The 3rd Way NeoLiberals ALWAYS include some crumbs for the Middle/Working Class.
That way, they can point these crumbs and pat each other on the back in front of the TV Cameras.

Eg:
1) The 2 year Extension of the Bush Tax Cuts included a 6 month extension for some whose Unemployment benefits were going to expire.
If you said, "Wait a minute"
you got attacked for hating the unemployed.

2) The Health Care Reform contained some good stuff for the Middle/Working Class/ and The Poor,
but it cost a MANDATE to purchase products from a For Profit Industry,
and a multi-BILLION Dollar yearly subsidy for the most worthless For Profit Industry ever established.
If you question the morality of subsidizing the Health Insurance Industry,
you get attacked for hating those with Pre-existing Conditions.



THAT is what the 3rd Way really means.
At least the 3rd Way NeoLiberals WILL include a few scraps for the 99% while giving the keys to the Public Treasury to the 1%,
which IS better than what the Republicans are offering.

What was WRONG with the Old Way Democrats?
You remember them...
FDR & the New Deal,
HST and Fair Deal,
LBJ and the Great Society.
Those Democrats built the largest, wealthiest, and most upwardly mobile Working/Middle Class (99%)
that the World had ever seen.

Why do we need "New Democrats" and "3rd Way Democrats"???
As far as I'm concerned, they are just retread Moderate Republicans,
and I FOUGHT Moderate Republicans all through the 60s, 70s, and 80s.
Why should I vote for them NOW?





[font color=firebrick][center]"There are forces within the Democratic Party who want us to sound like kinder, gentler Republicans.
I want a party that will STAND UP for Working Americans."
---Paul Wellstone [/font]
[/center] [center] [/font]
[font size=1]photo by bvar22
Shortly before Sen Wellstone was killed[/center]
[/font]

 

stupidicus

(2,570 posts)
29. yep
Sun Apr 27, 2014, 09:56 PM
Apr 2014

you know it dude. That's been clear to me for decades now, with the only diff being that I've long characterized it as the good cop giving us dogs a bone.

We the people started losing our democracy as soon as the third way trail was blazed. I have yet to look at the recent study regarding the oligarchy we now have and whatever timetable that accompanies it, but as I've long seen it, we've been tag teamed by the two parties since Raygun started the match between rule by the will of the people v wealth.

JDPriestly

(57,936 posts)
7. And if Democrats nominate and elect Hillary Clinton, the TPP is a sure thing.
Sat Apr 26, 2014, 06:51 PM
Apr 2014

To stop the TPP we have to stop Obama from signing it now and Hillary from being the Democratic nominee.

Guys. This is about our economic survival. Please urge Elizabeth Warren to run for president.

 

lumberjack_jeff

(33,224 posts)
11. Because we're not the constituents. We're the resources that the constituents exploit.
Sat Apr 26, 2014, 07:05 PM
Apr 2014

Imagine shoppers complaining to the grocery manager that the price of rice is too high.

Except GE is the shopper and you are the bag of rice.

Curmudgeoness

(18,219 posts)
17. I feel like a bag of rice.
Sat Apr 26, 2014, 07:31 PM
Apr 2014

It bothers me a great deal that it doesn't matter if we have a Democrat or a Republican in the WH when it comes to "trade" agreements.

cantbeserious

(13,039 posts)
14. The Oligarchs, Corporations And Banks Own And Control The Politicians That Own And Control Us
Sat Apr 26, 2014, 07:18 PM
Apr 2014

Plain and Simple.

Divernan

(15,480 posts)
15. post-presidential office: $.5 million speaking fees at corporate "retreats"
Sat Apr 26, 2014, 07:23 PM
Apr 2014

Hey, it's piled up the millions for Bill Clinton. Plus corporate board seats with fat stock options. Then he can start a non-profit institute allowing him to fly around the world on private jets and party with the rest of the One Percenters, oops, I mean donors. He'll still be a relatively young man when he leaves office - gotta stock up enough corporate IOU's to last a lifetime, ya know! And his kids - where are they gonna live? Chelsea's got a $10.5 million pad and one has to keep up with the other ex-presidents - except Jimmy Carter, of course.

nationalize the fed

(2,169 posts)
19. For the same reason the CIA has done the following:
Sat Apr 26, 2014, 08:42 PM
Apr 2014

The United States has been involved in and assisted in the overthrow of foreign governments (more recently termed "regime change&quot without the overt use of U.S. military force. Often, such operations are tasked to the Central Intelligence Agency (CIA)

1 Prior to Cold War
1.1 Russia

2 During the Cold War

2.1 Communist states 1944–89
2.2 Syria 1949
2.3 Iran 1953
2.4 Guatemala 1954
2.5 Tibet 1955–70s
2.6 Indonesia 1958
2.7 Cuba 1959
2.8 Democratic Republic of the Congo 1960–65
2.9 Iraq 1960–63
2.10 Dominican Republic 1961
2.11 South Vietnam 1963
2.12 Brazil 1964
2.13 Ghana 1966
2.14 Chile 1970–73
2.15 Argentina 1976
2.16 Afghanistan 1979–89
2.17 Turkey 1980
2.18 Poland 1980–81
2.19 Nicaragua 1981–90
2.19.1 Destablization through CIA assets
2.19.2 Arming the Contras
2.20 Cambodia 1980–95
2.21 Angola 1980s
2.22 Philippines 1986

3 Since the end of the Cold War

3.1 Iraq 1992–96
3.2 Afghanistan 2001
3.3 Venezuela 2002
3.4 Iraq 2002–03
3.5 Haiti 2004
3.6 Gaza Strip 2006–present
3.7 Somalia 2006–07
3.8 Iran 2005–present
3.9 Libya 2011
3.10 Syria 2012–present
3.11 Ukraine 2013–2014

http://en.wikipedia.org/wiki/Covert_U.S._regime_change_actions

"Spreading Democracy" one coup at a time.

It's the carrot and the stick. If the "Free Trade" deals go south, there's always another way. Many Americans think that by ignoring these atrocities they somehow escape blame.

colsohlibgal

(5,275 posts)
20. This Should End The "Playing Chess" Mantra
Sun Apr 27, 2014, 12:41 AM
Apr 2014

Add this in with his not throwing one big shot Wall Street Bankster in prison for almost bankrupting the nation through fraud fueled by personal greed - many left with 500 million dollar golden parachutes rather than trying to fend off Bubba in the Big House. We need more real democrats like Warren and the new Mayor of New York, and less faux democrats like, sorry to day, Obama in large part.

I feel sorry for the rabid dug in Obama Bots, their challenge to try to rationalize gets harder all the time.

MisterP

(23,730 posts)
21. because the people who'd shut down the country's 200 biggest cities had a Pub done it
Sun Apr 27, 2014, 01:07 AM
Apr 2014

just turn over in their beds and suppose it's all for the best--he's got our back, why shouldn't we have his? (or some other way to punt ethics out the door)

heck, I've seen The One called the best, wisest, compassionate-est, most important president in history (Lincoln and Roosevelt can go screw, I guess)

KG

(28,751 posts)
24. oh, c'mon guys. why the poutrage? it hasn't happened...yet!
Sun Apr 27, 2014, 07:47 AM
Apr 2014

and if it does, which it won't, because it hasn't, the Tiger Beat crowd will angrily obamasplain how it's,actually a good thing!

because obama!

Jesus Malverde

(10,274 posts)
25. It pretty obvious if you look at the markets.
Sun Apr 27, 2014, 09:48 AM
Apr 2014

The emerging markets like vietnam if they are anything like china represent millions of consumers and 8-10 % growth rates.

The united states is not growing, until we digest the baby boomers who every day produce less and consume more resources, the american economy will not be nimble.

You see that phenomena at work in Japan whose baby boom precedes the US by a decade or so. In the US the babies were made after the war. In Japan the babies were made as the men went off to war.

Both societies are digesting the unnatural population growth from war.

American Baby boomers are transitioning to retirement, cashing in their investments, downsizing their houses, moving to fixed incomes, etc. All negative to the economy. The problem is their are so many doing that at once.

Corporations look to growth not less consumption. The TPP is for the corporations, it's a globalist outlook with no concern for the national good. Obama as much admitted to that saying he has his own constituents who are opposed when he was in discussions with Japan.

Interesting enough Iran is one of these young population nations.

janlyn

(735 posts)
26. Because both parties
Sun Apr 27, 2014, 10:00 AM
Apr 2014

are different sides of the same coin. I know it is difficult to accept, but unfortunately it is becoming obvious. I am truly saddened and disappointed.

reACTIONary

(5,770 posts)
27. What's Trade got to Do With It?
Sun Apr 27, 2014, 10:14 AM
Apr 2014

RE: Others set rules on investment, set limits on the ability of governments to regulate corporations, restrict a government's ability to spend its own tax dollars on goods made in that country (such as "Buy America" procurement policies) and other things well beyond the usual scope of what would be considered a trade agreement.

The reason that these rules are important to a free / fair trade agreement is that these are the ways that governments use to imbalance the "playing field" and tilt it towards their own domestic economy. If the government has a "Buy <Their Country Goes Here> procurement policy" then <My Country Goes Here> can't compete in that market for lucrative government contracts. This can be detrimental to American businesses that supply high-end products and services, such as Boeing.

Paulie

(8,462 posts)
28. As Krugman would say, smart and serious people that Obama has surrounded himself think this is a great idea
Sun Apr 27, 2014, 10:23 AM
Apr 2014

Except these smart and serious people are all banksters.

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