2016 Postmortem
Related: About this forumWhite House Paints Sen. Warren As Cuckoo Bananas Over TPP
But TPP does affect Dodd-Frank -- partners can sue local governments if they interfere with "expected profits." The Obama administration's entire rationale seems to be, well, no foreign company has yet successfully overridden American regulations, so what's the biggie?
Here's why: If the terms exist, they will eventually be used.
I'll put that reassurance right up there with "the PATRIOT Act will never be used against anyone who isn't a terrorist." Or that the RICO Act would never be used for anyone who isn't part of organized crime.
Warren is absolutely right. (And by the way, there's another treaty coming up on investment rules. The TPP may even be a Trojan horse: If Obama gets fast track authority, it lasts six years and he can easily push through the investment agreement -- and from what I hear, it really does gut protections.)
http://crooksandliars.com/2015/05/obama-team-paints-elizabeth-warren-cuckoo
burrowowl
(17,639 posts)This TPP support by Obama makes me sick!
joshcryer
(62,270 posts)I think Obama is sincere and wants to try making a good trade agreement. I think he believes he's on the right track. I fear he is wrong because his advisers aren't going to be compelled by the interests of the people.
libdem4life
(13,877 posts)chop off the Progressive Wing of his party, way too easy to do, and he does not need us for any campaign.
OTOH, the TPP sends him off with a Golden Parachute.
appalachiablue
(41,131 posts)publically with the smears and attacks on Warren b/c of her brains, strength and popularity.
UCmeNdc
(9,600 posts)He needs to let everyone in on the setting up of the agreement