Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

nationalize the fed

(2,169 posts)
Tue May 24, 2016, 11:28 AM May 2016

Obama in Vietnam: American workers and American businesses are better off if we get TPP passed

Published on May 23, 2016

Obama on TPP @11:15



Obama ‘confident’ TPP will be ratified in US despite intense opposition

23 May, 2016

Even though ratification of the controversial Trans-Pacific Partnership (TPP) has stalled in the US, President Barack Obama said he’s still “confident” the trade deal will earn the support of Congress.

"I remain confident we are going to get it done, and the reason I’m confident is because it is the right thing to do. It’s good for the country, it’s good for America, it’s good for the region, it’s good for the world," Obama said during a joint press conference with Vietnamese President Tran Dai Quang in Hanoi.


Leaders signed the 12-nation TPP, which includes the US and Vietnam as members, back in February, but it still requires ratification from each country’s lawmakers before it can go into effect. That process has stumbled, though, as public outcry against international trade deals increases. In the US in particular, all three major-party presidential candidates have come out against the deal.

In Vietnam, Obama reiterated why he believes the TPP is so important, noting that the Asia-Pacific region is the fastest growing part of the world and represents a huge market for the US. He said the TPP would eliminate some 18,000 tariffs that have been placed on American goods sold in Asia.

"I have not yet seen a credible argument that once we get TPP in place we are going to be worse off,” he said. “We are demonstrably better off. American workers and American businesses are better off if we get this deal passed.”


However, opponents have railed against the TPP from the outset, criticizing the secret, years-long negotiations and arguing that it will primarily benefit large corporations, not workers. Protesters have argued that many of the regulations that would be stripped away would negatively affect laborers and the environment.

“It would make it easier to offshore American jobs, and it would push down their wages by putting them in direct competition with workers in Vietnam who don’t make but 65 cents an hour,” Lori Wallach, the director of Public Citizen’s Global Trade Watch, a non-profit consumer advocacy organization, told RT


Read More: https://www.rt.com/usa/344120-obama-vietnam-tpp-trade-deal/

’The more Americans hear about TPP, the less they like it’ - Director of Global Trade Watch

Ed Shultz talks about the TPP



Published on Feb 23, 2016: President Obama is asking governors to push the Trans-Pacific Partnership. But is this a last chance at passing the TPP? A closer examination of some of the pro-TPP studies reveals some fishy data. RT’s Ed Schultz is joined by Lori Wallach, Director and Founder of Global Trade Watch, to discuss what could be Obama’s legacy.
3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Obama in Vietnam: American workers and American businesses are better off if we get TPP passed (Original Post) nationalize the fed May 2016 OP
He hasn't seen anything to give him doubts? enlightenment May 2016 #1
+1 nationalize the fed May 2016 #3
That's because Obama is not actually looking. djean111 May 2016 #2

nationalize the fed

(2,169 posts)
3. +1
Wed May 25, 2016, 11:44 AM
May 2016

This will be his main legacy if he manages to ram it through Congress. This and the law that requires everyone alive to pay insurance companies for the rest of their lives- without the promised public option and the complete destruction of Single payer (Thanks Baucus)

Latest Discussions»Retired Forums»Video & Multimedia»Obama in Vietnam: America...