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Obama's Terrible Trade Pact Is a Scam That Must Be Stopped — It Helps Corporations But Harms Ordinary Citizens

Trade agreements should improve the bottom lines of all Americans, not just of American corporations

By Jim Hightower
Ed, please call home! Edward Snowden, that is: Come quickly; your country needs you.

Once again, the American people are being victimized by a hush-hush blanket of official secrecy, rhetorical dodges and outright lies. This time it's not about wholesale spying on us by our own government, but a wholesale assault on our jobs, environment, health and even our people's sovereignty. The assaulters are a cabal of global corporations and the Obama administration.
RELATED STORY: Internet To Be Censored and Free Expression To Be Stifled Worldwide Via New Trade Agreement — Draft Gets Leaked
Their weapon is a scheme hidden inside a scam. Called the Trans-Pacific Partnership, the scam is their claim that TPP is nothing but another free trade deal -- albeit a whopper of a deal -- one that ties our economy to Brunei, Vietnam, and nine other nations around the Pacific Rim. But of the 29 chapters in this deal, only five are about tariffs and other trade matters.

The real deal is in the 24 other chapters that create a supranational scheme of secretive, private tribunals that corporations from any TPP nation can use to challenge and overturn our local, state and national laws. All a corporate power has to do to win in these closed proceedings is to show that a particular law or regulation might reduce its future profits.

This is big stuff, amounting to the enthronement of a global corporate oligarchy over us. Yet it's been negotiated among trade officials of the 12 countries in strict secrecy. Even members of Congress have been shut out -- but some 500 corporate executives have been allowed inssde to shape the
"partnership."

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