Democrats have no business helping management.

[Octafish]

39. Democracy's for kids. ''Every One That Doeth Evil Hateth the Light.''

Grown ups know how to make the trains run on time.

They are so right! Silly me! I am a bad man. Bad. Bad. Bad.

Did you read what William K. Black had to say? The guy who should be Attorney General wrote:

Obama & TPP: Every One That Doeth Evil Hateth the Light

Posted on April 25, 2015 by William Black | 9 Comments
By William K. Black
Quito: April 25, 2015

President Obama wants the world to know that he takes it personally that the Democratic Party’s base opposes his latest effort to sell out the people of the world to the worst corporations through the infamous Trans-Pacific Partnership (TPP) deal. Obama blurted out at a press conference a number of conservative Republican memes as his sole basis for pushing TPP. He then launched personal attacks on Senator Elizabeth Warren and labor leaders (without naming them). Obama, who is famous for keeping his cool when criticized by the GOP, is thin-skinned when criticized by Democrats. Obama never raged at the Republicans’ “death panel” attacks on him, but he raged at Warren as supposedly making an equivalently openly dishonest attack on TPP’s secret drafting process.

SNIP...

Here is the “money quote” from Warren and Senator Sherrod Brown’s letter responding to Obama’s attack.

“‘Executives of the country’s biggest corporations and their lobbyists already have had significant opportunities not only to read [the TPP text], but to shape its terms,’ the letter reads. ‘The Administration’s 28 trade advisory committees on different aspects of the TPP have a combined 566 members, and 480 of those members, or 85%, are senior corporate executives or industry lobbyists. Many of the advisory committees — including those on chemicals and pharmaceuticals, textiles and clothing, and services and finance — are made up entirely of industry representatives.’”

In sum, Obama stacked the committees to ensure that the CEOs’ lobbyists would completely dominate the secret drafting of TPP. And everyone in America know that the result of that has to be a Faux Trade agreement crafted to allow the CEOs to plunder with impunity.

Obama is demanding an additional reprehensible element – “fast track” – in which the cynical “CEOs’ Christmas in May” deal cannot be amended to remove even the most despicable provisions of the bill placed like land mines by the CEOs’ lobbyists. I don’t think opposing the TPP should be a partisan issue. Republicans should help lead the effort to stop Obama’s latest sell out.

TPP, of course, is being sold through a full court press of the economists who brought us the financial crisis and the Great Recession and the multiple Great Depressions in Spain, Italy, and Greece. Their lie, as always, is that this travesty of special interest deals drafted overwhelmingly by corporate lobbyists represents “free trade.” They first torture the language and truth before they torture the world.

TPP is the opposite of “free trade.” In the jargon of its economic supporters, it is a moldering midden hiding the secretly drafted “rent seeking” provisions designed to help CEOs enrich themselves at the expense of the people of the world. Adam Smith, who supported freer trade, warned over two centuries ago that when CEOs meet secretly it promptly turns into a conspiracy against the public interest and warned that CEOs use their power to aid their own interests at the expense of shareholders and the public. Smith’s warned that it “ends in a conspiracy against the public, or in some contrivance to raise prices.”

Similarly, the even more conservative Frédéric Bastiat famously warned:

“When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it.”

TPP is the legal system designed to authorize plunder with impunity. Economists are the priests that glorifies the CEOs’ plunder. When you allow CEOs’ lobbyists to secretly draft a deal and then make it impossible through “fast track” for the public or our representatives to vote down even the most despicable of these acts of CEO plunder you make it certain that the law will bring plunder rather than “free trade.”

CONTINUED...

http://neweconomicperspectives.org/2015/04/obama-tpp-every-one-that-doeth-evil-hateth-the-light.html

Now that is a good man. Good. Good. Good.

Thank you for knowing the diff, bvar22!