Obama Visits Vietnam to Promote the TPP

[Ferd Berfel]

http://www.truth-out.org/news/item/36156-obama-visits-vietnam-to-promote-tpp#14641249487671&action=collapse_widget&id=0&data=

President Obama is in Vietnam promoting the Trans-Pacific Partnership. The free trade agreement is not about boosting the US economy; it's about multinational corporations moving jobs to countries with poor labor records and pocketing the difference in wage and environmental costs.

President Obama is in Vietnam promoting the Trans-Pacific Partnership (TPP). Vietnam? Really?

A year ago the post "Obama To Visit Nike To Promote the TPP. Wait, NIKE? Really?," noted how Nike pioneered moving jobs out of the country to take advantage of low wages and lack of environmental protections in places like Vietnam, which led to many of the problems in our economy today. It seemed that Nike was possibly the worst company to use to support claims that the TPP would benefit the American economy.

President Obama is scheduled to visit Nike's Oregon headquarters on Friday to promote the Trans-Pacific Partnership (TPP). Yes, Nike -- a company that grew to billions by outsourcing jobs to overseas sweatshops, a company that sets up P.O.-box subsidiaries in tax havens to avoid paying U.S. taxes, a company that uses threats to extort tax breaks from its "home" state.
Phil Knight, head of Nike, is now worth $23 billion because America's trade policies encourage companies like Nike to create and move jobs outside of the U.S. The 23rd-richest American is one more symbol of the kind of inequality that results from outsourcing enabled and encouraged by these trade policies. Workers here lose (or never get) jobs; workers there are paid squat; a few people become vastly, unimaginably wealthy.

One of the Worst Companies, One of the Worst Countries
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A Boon to corporate whores - Suicidal for most of the rest of us.
And I'm supposed to support shit like this?

Obama and the current Democratic party are Judas Goats.

[Fuddnik]

1. They can keep him and his fucking agreement!

[underthematrix]

2. This

Phil Knight, head of Nike, is now worth $23 billion because America's trade policies encourage companies like Nike to create and move jobs outside of the U.S.

NO. Phill is a billionaire because people like you keep buying his stuff.

[pmorlan1]

3. Pathetic

Does anyone have any doubt that should Clinton become the nominee that she would reverse herself once again and support TPP? I have no doubt whatsoever. They will either rename it or tinker around the edges but she will go full steam ahead on this.

[Ferd Berfel]

4. Thomas Frank Said that on Hartmann today

He has no doubt that Clinton will push for and Sign TPP at her first chance

Hartmann was trying to fence sit and do his incredibly weak kneed Kum Ba Yah. You could almost hear his sphincter slam shut when Frank said that.

[pmorlan1]

5. I agree with him

It's pretty much a done deal for our corporate Dems.

[Ferd Berfel]

6. yep - The right wing COrporate crowd

has been defending TPP, NAFTA, GMO's, Monsanto, Fracking.

It no longer counts as Republican-lite. These people are full blown Republicans