Latest Breaking News

jeff47

(26,549 posts)

37. We already trade billions worth of goods among the 11 countries in the treaty.

Fri May 8, 2015, 03:10 PM

May 2015

This agreement will not "open new markets for our goods". It will open new markets for our capital. Letting that capital create jobs in those other countries instead of creating jobs in the US.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

116 replies

= new reply since forum marked as read

Highlight:

Obama says trade deal lets US write the rules, not China [View all] Beauregard May 2015 OP

fine prove it by showing us the agreement, Obama hollysmom May 2015 #1

No, dearest friend, it's a secret. Beauregard May 2015 #3

There is no agreement. AZ Mike May 2015 #30

There are proposals, but we are not allowed to see them. Sgt Preston May 2015 #62

Well, we're not structurally a true democracy. AZ Mike May 2015 #68

What a complete shuck. Sgt Preston May 2015 #71

Yes, a negotiation involving 330 million participants.... AZ Mike May 2015 #73

Straw man. Beauregard May 2015 #80

And yet it's those 330 million that are affected rock May 2015 #102

The worst aspect is the Investor-State Dispute Settlement clause. olegramps May 2015 #41

+1. nt Sgt Preston May 2015 #61

The USA has never lost an ISDS case. joshcryer May 2015 #69

I didn't say that the U.S. lost any cases. olegramps May 2015 #70

No, but you think the USA would. joshcryer May 2015 #74

That is not what I understand would happen with this trade agreement. olegramps May 2015 #98

Exactly, but the arbitration will be in ICSID. joshcryer May 2015 #115

Be careful about conflating America winning ISDS cases FarrenH May 2015 #99

But Warren doesn't argue that. joshcryer May 2015 #114

You have any examples of USA losing an ISDS dispute, resulting in a "disaster," under NAFTA. Hoyt May 2015 #78

There is no agreement, yet, Hollysmom. nt tridim May 2015 #48

LOL :) Sgt Preston May 2015 #63

I trust Bernie & Elizabeth on this one much more than Obama peacebird May 2015 #2

Agree ananda May 2015 #4

And Grayson and Reich too! arcane1 May 2015 #14

Why do you not trust Obama? tridim May 2015 #49

Because a majority of R's in Congress like TPP, Grayson/Warren/Sanders & Robert Reich hate it peacebird May 2015 #59

:) Beauregard May 2015 #81

Because his education policies undermine public education ibegurpard May 2015 #113

Stop it, Obama. lark May 2015 #5

Lets the corporations write the rules. I don't think we workers are included in the "us". djean111 May 2015 #6

The key phrase there is "up to." subterranean May 2015 #24

and it could take up to 10+ years to accomplish even that frylock May 2015 #66

Pbbbbbbbbbbbbbb! Demeter May 2015 #7

Fuckin A SamKnause May 2015 #26

TY, I needed that laugh. mother earth May 2015 #89

Obama is right again. Hoyt May 2015 #8

You mean, as opposed to left? Demeter May 2015 #10

Thanks for sharing! Would you care to elaborate? Beauregard May 2015 #11

His comment is self explanatory, even if folks are too myopic to see it. Hoyt May 2015 #15

" Obama says, 'Some of my dearest friends are wrong. They're just wrong.' " StandingInLeftField May 2015 #18

No, he said China will write the rules if we don't . Not only are some of his friends wrong, Hoyt May 2015 #20

Saying "They're wrong" is a content-free statement. arcane1 May 2015 #19

Seems obvious to me. We aren't going to progress trading among ourselves, unless we change Hoyt May 2015 #21

We're not "trading among ourselves" right now. You're making that up. arcane1 May 2015 #29

Then why oppose a trade agreement hat improves on the way things are done now? Hoyt May 2015 #39

Because there is zero evidence that this is true. arcane1 May 2015 #44

You are right, just because you said so is not good enough. Hoyt May 2015 #45

The burden of proof is on Obama, to prove this deal is different than the others. arcane1 May 2015 #46

That's bull. Don't have time to try explaining complicated issues to you, neither does Obama. Hoyt May 2015 #51

You spend a lot of time on DU. So you have plenty of time. Let's see it one day. stillwaiting May 2015 #52

In other words, you lost the argument. arcane1 May 2015 #54

Nope. You've done nothing but say we don't need to try to influence trade among the 11 countries. Hoyt May 2015 #56

Don't have the ability to try explaining complicated issues to you.. frylock May 2015 #67

WTF are you talking about? Trajan May 2015 #36

Read about a Scandanavian country like Denmark. Hoyt May 2015 #53

We already trade billions worth of goods among the 11 countries in the treaty. jeff47 May 2015 #37

New markets for our capital mean new money for safety nets if we tax them Hoyt May 2015 #40

:rofl: jeff47 May 2015 #42

I'd rather have the money to tax when we cone to our senses, than hamstring us from benefitting Hoyt May 2015 #43

How, exactly, do you propose to tax a foreign company? jeff47 May 2015 #47

Difficult to post to obtuse people.. These are multinational companies. Hoyt May 2015 #64

Guess what? Other countries actually buy goods! jeff47 May 2015 #105

LOL...you want to use Nike? The company selling shoes pipoman May 2015 #112

You can tax the US investor. Sgt Preston May 2015 #72

Nope. He leaves the money in Vietnam. (nt) jeff47 May 2015 #104

You don't get it, most of the nikes are sold here and Nike is a US corporation. Hoyt May 2015 #110

Whose "capital"? "Our" capital? Sgt Preston May 2015 #60

Yes, we know. The leader is always right. Jack Rabbit May 2015 #33

I don't think so Geronimoe May 2015 #9

Exactly... sendero May 2015 #90

Is this the same China we have VOLUNTARILY sent thousands of jobs to? arcane1 May 2015 #12

Not really. It's the China that we voluntarily sent MILLIONS of jobs to. hedda_foil May 2015 #50

CORRECTION: It lets *Corporate America* write the rules. Spitfire of ATJ May 2015 #13

Bingo. CharlotteVale May 2015 #17

Yep Punx May 2015 #32

The US Trade Rep is a career diplomat. Hoyt May 2015 #91

I'm fairly certain that the Chinese StandingInLeftField May 2015 #16

China isn't in the TPP. (nt) jeff47 May 2015 #38

Interesting. Who shall I believe Bernie, Liz or Obama? Autumn May 2015 #22

Alan Grayson SamKnause May 2015 #28

Let me clarify . . . Roy Rolling May 2015 #23

We can trust them . . . Roy Rolling May 2015 #27

You are lying. SamKnause May 2015 #25

Facts matter, don't they? Or are we just the other side of the same coin. yallerdawg May 2015 #31

Max Baucus? You're actually quoting the repellent Max Baucus here on DU? hedda_foil May 2015 #55

Sometimes I feel lost. yallerdawg May 2015 #57

Different JayNev May 2015 #87

Will everyone disappear if we have a Republican president? yallerdawg May 2015 #88

I guess all those Democrats in Congress that don't support the TPP also hate Obama neverforget May 2015 #108

Logic? yallerdawg May 2015 #109

delusional. Locrian May 2015 #34

"Race to the bottom" Beauregard May 2015 #82

China is going to play by it's own rules regardless Punx May 2015 #35

breaking: Obama calls for cancellation of H1B visa program lol sorry, "dear friends" I was wrong nt msongs May 2015 #58

We don't confront China on their currency manipulation. wolfie001 May 2015 #65

Bullshit, Mr. President... elzenmahn May 2015 #75

Ugh...I love ya Barack, but this is not good. Who is we, by the way. Nike? randys1 May 2015 #76

I like him, too. I mean, I'm not ashamed of him like Bush. Beauregard May 2015 #83

Does he know that China is listening? Renew Deal May 2015 #77

1: China already has our jobs. 2: The enemy is global fascism (aka, Corporatism) not China 3. Kip Humphrey May 2015 #79

Reality JayNev May 2015 #84

There are also his political debts to past donors. Beauregard May 2015 #85

What upsets me the most... elzenmahn May 2015 #92

Name calling won't help... JayNev May 2015 #111

With all due respect... elzenmahn May 2015 #116

Trade pacts are supposed to be agreements among equals daleo May 2015 #86

But, Wah! I trust the President. This trade agreement will be shown before the vote.. but, that Cha May 2015 #93

And he STILL offers no specifics. Just general platitudes that it's good. Kablooie May 2015 #94

Clearly this thing is more about hindering China's influence in the region... DCBob May 2015 #95

More like CORPORATIONS are writing the trade deals with rules that benefit them over global law. mother earth May 2015 #96

Laughable really...nt Jesus Malverde May 2015 #97

I know a little about the President's priorities goldent May 2015 #100

So the other potential members of TPP have no say? GeorgeGist May 2015 #101

Everyone's "say" will be proportional to their capital. candelista May 2015 #103

I'm highly skeptical Bradical79 May 2015 #106

How about some specifics? moondust May 2015 #107