Robert Reich Hammers TPP As More "Trickle-Down" Economics: "Have We Learned Nothing?"

[Alittleliberal]

In fact, it’s just more trickle-down economics.
The biggest beneficiaries would be giant American-based global corporations, along with their executives and major shareholders.

Those giant corporations initiated the deal in the first place, their lobbyists helped craft it behind closed doors, and they’re the ones who have been pushing hard for it in Congress – dangling campaign contributions in front of congressional supporters and threatening to cut off funding to opponents.

The arguments in favor of the deal aren’t credible. The notion that the Trans Pacific Partnership will spark American exports doesn’t hold because the deal does nothing to prevent other nations from manipulating their currencies in order to boost their own exports.

http://www.dailykos.com/story/2015/05/03/1382221/-Robert-Reich-Hammers-TPP-As-More-Trickle-Down-Economics-Have-We-Learned-Nothing?detail=facebook_sf

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It seems naive to assume the corporations have our best interests at heart. Why are we still using the same principles and trusting the same people who kept fucking everything up? Without increased tax rates on the rich, a massive expansion of the safety net and a minimum income the TPP could damage us tremendously.

[mmonk]

1. Many have not and will not as long as their favorite candidates say it is alright.

They seem incapable of comprehending why their income never moves up and just accepts its because of the idea it's the other party to blame and never with certain policies.

[donnasgirl]

9. + 100

[AzDar]

2. Stop the TPP!

[abelenkpe]

3. K&R

[Buns_of_Fire]

4. And the cheerleaders are scheduled to arrive in 3... 2... 1...

[brentspeak]

6. The one who uses the Woody Guthrie avatar

lost his talking points action sheet, so his supervisor is hashing out a new copy.

[IDemo]

8. Or printing more MickeyD job apps to shower on the next Occupy event n/t

[Buns_of_Fire]

10. I really don't get all that upset at them. I just read their opinion and remember that

they don't know anything more about it than the rest of do. Like football cheerleaders, they have no more access to the coach's playbook than the fans do.

And if it wasn't for organizations like Wikileaks and Public Citizen, all of us wouldn't even know THAT much.

[daleanime]

14. +1

[WinkyDink]

5. Depends upon who "WE" means.

[Alittleliberal]

7. We as in

The citizens of this country.

[raging moderate]

11. "The American people are tired of being trickled on."

I think it was Senator George Mitchell who said this, many years ago. And he spoke for me.

[FlatBaroque]

12. NO snark

I think PBO is under pressure by the oligarchy to push for TPP. I believe he is obligated to serve them. I believe he does NOT want to pass this abominable bill. I believe his actions are designed to sabotage the bill's passage.

VERDICT: 11th dimension chess.

[lark]

17. How are they "making" him do this against his will?

Do you think this the payback for him getting 2 terms? So, which actions is he taking to sabotage the bill? Everything I've heard from him is total rah rah rah for the home team, pass that bill, anyone who says anything bad against it is lying, etc. etc. Thousands of lies in support of this shifting the power from elected governments to the international oligarchs are coming from his mouth. He's saying it's all rainbows and fairy dust, how in the world is that having actions to not pass the bill? Think you are indulging in wishful thinking because the truth is too ugly.

[Spitfire of ATJ]

18. I think he's under pressure from the Clintons to do it....

Thus providing cover for Hillary.

They can also say, "Obama did it too."

[d_legendary1]

13. As long as corporate money continues to pollute our democracy

we will never learn a damn thing.

[Plucketeer]

16. It's REALLY easy...

...to get caught up in the fury that each and every transgression ignites - and there's a NEVER-ENDING barrage of them that rains down on us in a deluge of distractions. And BECAUSE of that, we (and this includes me) lose sight of the fact that the OVER-ARCHING curse is money.

With the exception (maybe) of despicable acts by the truly deranged - and some of pure hatred - we can pick ANY of the incidents of daily outrage and trace their moment of conception back to money.

[d_legendary1]

20. Its the root of all evil for a reason

In this day and age souls are easy to come by

[Geronimoe]

15. If you want campaign money

Obama is obligated to serve those who own 90% of everything, otherwise the Democratic Party will go bankrupt. The fix is in, the two Party system is owned and run by the own everything and want more class.

[raouldukelives]

19. K&R We live in the ruins of what the past profited from.

Some say how can I own a share, some say not in my name.