Democrats’ Cave-In on TPP and TTIP

On Wednesday afternoon, May 13th, a catastrophic failure ( http://www.huffingtonpost.com/2015/05/13/senate-trade_n_7277314.html )became clear to the few honest Democrats who were determined to stop Obama’s disastrous ’trade deals’ which are actually going to transfer regulatory sovereignty away from elected government officials as at present (who are answerable to voters), and instead move these powers into the hands of international corporate cartels, which will have the final say over the safety of our air, water, automobiles, and other products, and of the environment, and of workers’ rights (and which regulations will become answerable instead to the controlling stockholders in those mega-corporations). Mega-corporations will set international standards, which none of the signatory nations within the TPP and TTIP will be legally able to exceed without paying heavy penalties to those corporations for violating those corporations’ ‘rights’ under these trade-deals. The current ability of individual nations to establish their own standards will disappear, except to the extent that international corporations allow.

Senators Sherrod Brown, Elizabeth Warren, Bernie Sanders, Harry Reid, and others that wanted to block Fast Track Trade Promotion Authority for these deals — Senators who were against this loss of democratic sovereignty and introduction of international fascism — counted the votes of their Democratic colleagues, and found that, whereas just a day earlier on May 12th the President was 8 votes short of what he needed in order to win this battle for the mega-corporations, that seeming progressive victory was fleeting; it was mostly just for show to the voters, to convince voters that their Senator had tried his or her best and won whatever concessions from the President and the conservatives, that remained possible, so that displaced American workers might receive some compensation for their lost jobs that will result from these international-trade treaties. In other words: a crumb might yet be won for what still remains of America’s labor unions. But product-safety, and the environment, will now be virtual free-fire zones for the large international corporations. …

http://www.washingtonsblog.com/2015/05/democrats-cave-in-on-tpp-and-ttip-good-bye-democracy.html

http://thehill.com/homenews/senate/241950-senate-nears-deal-on-trade

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