yellowcanoe wrote:Considering that it takes more labour to process fish than it does to catch it, why should Newfoundland be put at risk of having all their raw fish sent out of the country for processing? There is little enough employment in many Newfoundland communities without also sending the fish processing jobs away too!
That's what free trade means -- getting rid of your European safety standards, and your European living wages -- bringing you down to Chinese level instead, and the 1% capitalist owners pocket the massive profits that are in between those two.
It's called Harperland.Sixstrings wrote:Canadians need to really watch these trade deals.
You're going to lose everything you ever liked about your country, everything that ever made it special and different from the US.
Keith_McClary wrote:It's called Harperland.Sixstrings wrote:Canadians need to really watch these trade deals.
You're going to lose everything you ever liked about your country, everything that ever made it special and different from the US.
Stephen Harper is already taking credit for jobs he says will be created by the Canada-European Union trade and investment pact. He may be premature.
“Put very simply, it’s because our government negotiated a free-trade deal,” the prime minister said in March after Honda announced plans to export an unspecified number of autos to Europe from its Alliston, Ont., plant.
“This is an example of what our government is doing.”
There were only two problems with this pre-election bit of braggadocio.
First, Honda says its planned exports to Europe will create only a “modest” number of jobs.
Second, and more important, the Canada-EU deal, formally known as the Comprehensive Economic and Trade Agreement (CETA), is by no means a done deal.
Growing opposition inside Europe to a similar free-trade pact being negotiated with the United States has already sideswiped CETA.
At the very least, this opposition promises to delay the EU’s final ratification of the Canada deal. It could derail it.
The problem is a section in both the Canadian and draft U.S. treaties giving non-judicial trade panels the authority to overrule laws — including those dealing with environmental protection — that interfere with the profitability of foreign corporations.
Canadians are already familiar with this system. A similar chapter in the 1993 North American Free Trade Agreement has been used successfully by U.S. companies to overrule Canadian federal and provincial laws.
Initially, most Europeans didn’t notice when this investor-state dispute system was written into CETA. In fact, it is probably fair to say that initially most Europeans didn’t notice the deal with Canada at all.
That changed in 2013 when Washington and Brussels began negotiating a U.S.-EU pact that included a CETA-style investor-state dispute chapter.
Suddenly, trans-Atlantic trade became a political issue.
Europeans may not care much about Canada. But they do care about the U.S., particularly when faced with the possibility that EU laws, on matters ranging from genetically-modified foods to animal welfare to cultural protection, could be overturned by American big business.
In Austria and France, legislators passed non-binding resolutions against investor-state clauses in the proposed U.S.-EU treaty, known formally as the Transatlantic Trade and Investment Partnership (TTIP).
The French government said it was opposed. So did Germany’s Social Democratic Party, the junior partner in Chancellor Angela Merkel’s governing coalition.
And to forestall the possibility of U.S. corporations using their Canadian subsidiaries to accomplish the same ends, these critics said they would oppose similar investor-state dispute mechanisms in CETA.
For Harper, all of this is a political embarrassment. He has twice pronounced CETA a success, first in 2013 when an agreement in principle was hammered out and again last fall when formal negotiations ended.
But CETA still has to be ratified by the EU’s European Parliament. Members of the socialist bloc, the second largest in that parliament, say they oppose the treaty as written.
Depending on the outcome of an unrelated court case, CETA may also have to be ratified by each of the EU’s 28-member nations.
Negotiators now are supposed to be merely cleaning up the language of the final CETA text, adding a comma here or a period there. But press reports say some on the European side want to make substantive changes as well. In effect, that would re-open the entire treaty.
Council of Canadians chair Maude Barlow, who opposes CETA, is buoyant. She says the whole deal could unravel.
“It’s not going to be adopted in this form,” she said. “It’s not.”
She may be overly optimistic. Powerful business interests within the EU support deals with Canada and the U.S. European politicians may be critical now. But politicians can change their minds.
In Germany, Social Democratic leader Sigmar Gabriel, who is Merkel’s economy minister, had been a fierce opponent of investor-state dispute mechanisms in both the Canadian and U.S. pacts. He has now reversed his position.
Still, the Canada-EU deal is not quite the solid triumph Harper had wanted. In fact, it does not yet exist.
It could stay in limbo until the EU and the U.S. sort out their arrangement. It may not happen at all.
Plantagenet wrote:Hillary supported Bill's NAFTA bill, and supported Obama's TPP while she was secretary of state, but now she is ducking the issue.
Meanwhile Bernie Sanders who has always opposed NAFTA and the TPP, and is speaking out lout and clear against the TPP.
I can't figure out why rank and file Ds who supposedly oppose the TPP support O for President as he sneaks in the TPP? Same deal or Hillary--- why do Ds support Hillary for president, given her lying and waffling on the TPP.
IMHO the Ds should withdraw their support from O to show their opposition to the TPP.
Trans-Pacific Trickle-Down Economics
Have we learned nothing from thirty years of failed trickle-down economics?
By now we should know that when big corporations, Wall Street, and the wealthy get special goodies, the rest of us get shafted.
The Reagan and George W. Bush tax cuts of 1981, 2001, and 2003, respectively, were sold to America as ways to boost the economy and create jobs.
They ended up boosting the take-home pay of those at the top. Most Americans saw no gains.
In fact, the long stagnation of American wages began with Reaganomics. Wages rose a bit under Bill Clinton, and then started plummeting again under George W. Bush.
Trickle-down economics proved a cruel hoax. The new jobs created under Reagan and George W. Bush paid lousy wages, the old jobs paid even less, and we ended up with whopping federal budget deficits.
Then came the bailout of Wall Street in 2008. It was sold as the means of preserving the economy.
It ended up preserving the jobs and exorbitant pay of bankers, but millions of Americans lost their shirts. Small savers were wiped out, and homeowners never got the refinancing they were promised.
No conditions were put on the Wall Street banks for what they were supposed to do for the rest of us in return for our bailing them out. None of their top executives even went to jail for causing the crash in the first place.
Here again, nothing trickled down.
Now comes the Trans-Pacific Partnership.
It's being sold as a way to boost the U.S. economy, expand exports, and contain China's widening economic influence.
In fact, it's just more trickle-down economics.
The biggest beneficiaries would be giant American-based global corporations, along with their executives and major shareholders.
Those giant corporations initiated the deal in the first place, their lobbyists helped craft it behind closed doors, and they're the ones who have been pushing hard for it in Congress -- dangling campaign contributions in front of congressional supporters and threatening to cut off funding to opponents.
These corporations made sure the deal contains provisions expanding and protecting their intellectual property around the world, but not protecting American jobs.
Supporters of the deal say it contains worker protections. I heard the same thing when, as secretary of labor, I was supposed to implement the worker protections in the North American Free Trade Act.
I discovered such provisions are unenforceable because of how difficult it is to discover if other nations are abiding by them. On the rare occasion when we found evidence of a breach we had no way to force the other nation to remedy it anyway.
The Trans-Pacific Partnership is far larger than NAFTA -- covering 40 percent of America's global trade.
If it's enacted, American workers and consumers will be made even worse off because of another provision that allows global corporations to sue countries whose health, safety, labor, or environmental regulations crimp their corporate profits.
It establishes a tribunal outside any nation's legal system that can force a nation to reimburse global corporations for any such "losses."
Big tobacco is already using an identical provision to sue developing nations that are trying to get their populations off nicotine. The tobacco companies are demanding these nations compensate them for lost cigarette sales.
This provision would mean less protection from corporate harms here in America. It would require that when the potential cost of a new health, safety, environment, or labor protection is weighed against its potential benefits, the cost of reimbursing corporations for lost profits is added in.
I've been through enough regulatory wars to know this added cost could easily tip the balance against protection.
The arguments in favor of the deal aren't credible. The notion that the Trans Pacific Partnership will spark American exports doesn't hold because the deal does nothing to prevent other nations from manipulating their currencies in order to boost their own exports.
The argument that the deal will help contain China makes even less sense.
Does anyone seriously believe American-based corporations will put the interest of the United States above the interests of their own shareholders when it comes to doing whatever China demands to gain access to that lucrative market?
Big American-based corporations have been cozying up to China for years -- giving China whatever American technology China wants, letting China "partner" with them in designing new generations of technology, and allowing China to censor their software and digital platforms -- all in exchange for a crack at Chinese consumers.
What we should have learned by now about trickle-down economics is that nothing trickles down.
If the Trans-Pacific Partnership is enacted, big corporations, Wall Street, and their top executives and shareholders will make out like bandits. Who will the bandits be stealing from? The rest of us.
http://www.huffingtonpost.com/robert-reich/transpacific-trickledown-_b_7200392.html
Trade deal vs. fact-free uproar: Our view
Though the deal has not been finalized, much of its success or failure will be decided in the next few weeks. That's when Congress decides the terms under which the agreement is considered.
To have any chance of passing, Congress would have to agree to something called trade promotion authority, giving itself the right to accept or reject the deal, but not amend it.
Committees in both houses of Congress have done just that, but the Senate committee larded up its bill with amendments designed to alienate other countries.
One would require the TPP to include language banning all countries involved from participating in boycotts against Israel. Another, on human rights, is designed to keep Malaysia out. Yet another, on currency manipulation, is designed to irk the Chinese. More are planned when the bill reaches the Senate floor.
These poison pills were conceived largely by Democrats who lost interest in currency manipulation years ago, probably couldn't find Malaysia on a map, and were furious at Israeli Prime Minister Benjamin Netanyahu just weeks ago.
Their goal is to kill the deal.
That would be a shame. A major agreement is going to happen, one way or another. China is pushing an alternative plan, one that does not include any countries in the Americas, and that Asian countries would turn to if the trans-Pacific deal falls through.
That approach would freeze U.S. exporters out of the fastest growing region in the world. It would also enhance China's economic power and its influence over its neighbors.
The pan-Pacific deal, on the other hand, would help the U.S. retain a key role in the region, while promoting competition that would give consumers more choices and lower costs.
Democrats, however, are wedded to unions who blame trade, and trade agreements, for the decline in manufacturing jobs.
Theirs is a simplistic view that ignores the fact that manufacturing output has nearly doubled since the late 1990s, showing that technology is the real job killer.
No one wants Congress to stifle technology because it has so many upsides. Trade has upsides as well, for exporters of high-tech goods, software, pharmaceuticals, agricultural goods and more.
http://www.usatoday.com/story/opinion/2015/05/03/trans-pacific-partnership-tpp-trade-deal-congress-editorials-debates/26843027/
Many Democrats Turn Their Backs on Free Trade
WASHINGTON — Two decades ago, President Bill Clinton needed Republican support to win a bitter battle over the North American Free Trade Agreement. He also garnered 40 percent of congressional Democrats, including almost half the party’s senators.
President Obama may also win some close trade votes — first with the approval of a bill giving him so-called fast-track authority to negotiate the huge Trans-Pacific Partnership and then when the deal itself moves through Congress. This time, more than 80 percent of congressional Democrats will oppose the president.
Democrats have turned decidedly protectionist in the decades since the passage of Nafta, which have coincided with increasing globalization and steep losses of American manufacturing jobs.
http://www.nytimes.com/2015/05/04/us/many-democrats-turn-their-backs-on-free-trade.html
Ross Perot vs. Al Gore NAFTA Debate FULL! 1993
https://www.youtube.com/watch?t=455&v=5XEziSYRqhU
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