General Discussion
In reply to the discussion: Obama lambasted opponents of free-trade agenda, arguing opponents are ignorant of the benefits [View all]rhett o rick
(55,981 posts)it was sold the same way the Pres is selling this. But more importantly the TPP is way, way more than a trade agreement.
1. TPP will allow corporations to outsource even more jobs overseas.
2. U.S. sovereignty will be undermined by giving corporations the right to challenge our laws before international tribunals.
3. Wages, benefits, and collective bargaining will be threatened.
4. Our ability to protect the environment will be undermined.
5. Food Safety Standards will be threatened.
6. Buy America laws could come to an end.
7. Prescription drug prices will increase, access to life saving drugs will decrease, and the profits of drug companies will go up.
8. Wall Street would benefit at the expense of everyone else.
9. The TPP would reward authoritarian regimes like Vietnam that systematically violate human rights.
10. The TPP has no expiration date, making it virtually impossible to repeal.
Currently in Germany, a nuclear plant corporation is suing Germany for their loss of potential profits because of the regulations aimed at curtailing the use of nuclear power. The TPP will also allow corporations to sue governments that pass laws restricting their potential profits. If you pass a law limiting the discharge into a river, the corporation can sue.
A good lively debate in Congress would reveal some of the horrible problems but the Pres wants to push this thru without debate.