General Discussion

JDPriestly

(57,936 posts)

66. Why in the world would we want to stay in the trade agreements that

Mon Apr 27, 2015, 01:04 AM

Apr 2015

are now ruining our economy, much less enter into new trade agreements of the same type in which we are joining a trade group and losing the ability to use the leverage of our large market in one on one trade deals?

We should think about completely changing our approach in trade deals.

Our trade deficit has skyrocketed since we joined the trade agreements in which we are now members. And this TPP cannot change that. The wage differences are just too great.

Do you seriously think that Mexicans or Viet Namese who earn wages so much lower than ours and whose currencies are so much weaker in some ways than ours will EVER buy enough from us to bring our trade deficite down?

The trade agreements are not working out for ordinary Americans. Find a way to distribute the profits, the gains, that the very wealthy investors make on these trade agreements more fairly, as a starting point for encouraging Americans to want trade.

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Highlight:

TPP branded as trade agreement, but what's really at stake. From Public Citizen. [View all] madfloridian Apr 2015 OP

Excellent post MF, Thanks for this! haikugal Apr 2015 #1

This is an extremely important issue and yet I don't see one single Right-Red Arrow rhett o rick Apr 2015 #54

Important post. Faryn Balyncd Apr 2015 #2

And a really good link here. Often I can not get to Wikileaks, times out on me. madfloridian Apr 2015 #9

Thank you MF. The analysis in that file is very clear and straightforward. hedda_foil Apr 2015 #25

Hi hedda, it is good analysis. madfloridian Apr 2015 #29

K&R..... daleanime Apr 2015 #3

Does anyone have any doubt that the more opportunities Baitball Blogger Apr 2015 #4

...^ that 840high Apr 2015 #63

first 20 pages or so are us companies suing.canada elehhhhna Apr 2015 #5

And this one about Ecuador stunned me. Wasn't aware of it. madfloridian Apr 2015 #6

Gimme a lumberjack_jeff Apr 2015 #7

K&R... 2naSalit Apr 2015 #8

K&R liberal_at_heart Apr 2015 #10

all I can say is "What's the matter with Kansas" should be read by some on DU bbgrunt Apr 2015 #11

I have never read that book. madfloridian Apr 2015 #23

What's the rush? It's been years in the making (in secret). The least our Congressional leaders can jalan48 Apr 2015 #12

I'm glad that the word 'sovereignty' has been raised. This is the most concerning sabrina 1 Apr 2015 #13

And just imagine you are one of those little countries subject to this plan. They would not have the jwirr Apr 2015 #26

This is how it would work. Those Corps could sue the US, that would be the people of course, sabrina 1 Apr 2015 #45

"not a democracy if the people are kept completely in the dark" madfloridian Apr 2015 #42

Obama And Clinton billhicks76 Apr 2015 #62

brought to us by our extreme corporate owned leadership... nt msongs Apr 2015 #14

Occupy was right. There should be world wide Occupy right now. L0oniX Apr 2015 #40

+1 dreamnightwind Apr 2015 #52

thanks, MF, for posting this cali Apr 2015 #15

Too many good posts drop around here. madfloridian Apr 2015 #16

And being more than a trade agreement is not necessarily a bad thing depending on the details. pampango Apr 2015 #17

I wish you'd read the leaked chapters cali Apr 2015 #19

I have. They are. Every complicated agreement has parts I don't like including, I'm sure, pampango Apr 2015 #20

When it is too late? So what, the only time it matters to be against is when you can stop it. TheKentuckian Apr 2015 #60

Why in the world would we want to stay in the trade agreements that JDPriestly Apr 2015 #66

Apparently Republicans love TPP ... GeorgeGist Apr 2015 #61

+1000 smirkymonkey Apr 2015 #18

You do realize we've never lost an investor-state dispute? Not one? Your claims regarding payout msanthrope Apr 2015 #21

The tpp extends the possibility that we will cali Apr 2015 #22

"I'm less concerned about the U.S. than other nations." That is an interesting take on TPP. pampango Apr 2015 #24

I don't think that it is so much US that will bring down those standards. I think the added power jwirr Apr 2015 #30

Because we have enough money to fight - those little countries are not going to be in the same jwirr Apr 2015 #28

That doesn't mean we shouldn't lose. For example the despicable Renco case riderinthestorm Apr 2015 #35

yep.actually our companies use this to challenge elehhhhna Apr 2015 #53

It's a matter of time. JDPriestly Apr 2015 #67

K/R marmar Apr 2015 #27

Yes the corporations deeply wish to include in the agreements a path around regulation HereSince1628 Apr 2015 #31

It sounds like a move toward "arbitration" KansDem Apr 2015 #33

Yes, but it's an arbitration by a stacked panel of corporate lawyers HereSince1628 Apr 2015 #34

And who is pushing this HARD SELL style? 99Forever Apr 2015 #32

The guys who paid the bandleader to make the dance happen HereSince1628 Apr 2015 #37

And that bandleader is? 99Forever Apr 2015 #38

I only caught a glimpse of him entering the Bilderberger confab... HereSince1628 Apr 2015 #41

Soon the Fortune 500 will have to negotiate Trade Deals with each other. Octafish Apr 2015 #36

K&R FloriTexan Apr 2015 #39

..... madfloridian Apr 2015 #44

Thank you StopTheTPP Apr 2015 #43

Is imported lipstick being used on this pig? Tierra_y_Libertad Apr 2015 #46

Imported lead and mercury laden lipstick. historylovr Apr 2015 #49

I can't wait for a certain group of posters to assure us Art_from_Ark Apr 2015 #68

K & R Lifelong Protester Apr 2015 #47

More of a treaty with corporate nation-states. DirkGently Apr 2015 #48

K & R historylovr Apr 2015 #50

TPP = Citizens United blkmusclmachine Apr 2015 #51

Clearly there are two factions re. this issue. The Corp Faction vs. The People Faction. rhett o rick Apr 2015 #55

The cream of idiocy was the notion that President Obama would veto the bill if it was bad. Jesus Malverde Apr 2015 #57

The deniers are desperate to defend the President. nm rhett o rick Apr 2015 #58

I'm not sure they ever supported the President, seems they're doing the bidding Jesus Malverde Apr 2015 #59

+1 BeanMusical Apr 2015 #65

k & R Thanks for this very important post MF. It's the Big Tuna for corps, pols & investors, appalachiablue Apr 2015 #56

K & R AzDar Apr 2015 #64

Ability of corporations to squeeze the life out of individual cities, small nations lostnfound Apr 2015 #69

oops ucrdem Jun 2015 #70