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Showing posts with label Trans-Pacific Partnership. Show all posts
Showing posts with label Trans-Pacific Partnership. Show all posts

Wednesday, June 17, 2015

Evil lurks in your community, and it's your Congressional Representative, in both the House and the Senate. It's clear now that both Progressive Socialist Democrats like Barack Obama, Hillary Rodham Clinton, John Kerry, Bill De Blasio and GOP Republicans have bucked the people and maybe for the last time.

Evil lurks in your community, and it's your Congressional Representative, in both the House and the Senate.  It's clear now that both Progressive Socialist Democrats like Barack Obama, Hillary Rodham Clinton, John Kerry, Bill De Blasio and GOP Republicans have bucked the people and maybe for the last time.

The average person with any intelligence understands now that ObamaCare was a socialist move to downgrade the free enterprise system and your Constitutional rights. 







Even the slowest, under educated, poorly motivated white and colored sections of our society are now wondering; why no jobs?  

Why are 94 million men and women not working?  

Why are 46 million people being given a free food pass?  

Why do some people get cash money to help pay their rent?  

Why do millions of people never have to pay for a doctor's visit or a hospital stay?   

Why are local mayors giving room to rioters and street gangsters to burn down towns, rob stores, hurt people including the cops on the street?  

Why are ISIS warriors allowed to cross our borders with millions of illegal aliens every year?  

How can Lois Lerner break the law and remain free with her get out of jail card from Eric Holder, Barack Obama and now DOJ Lynch?  

How did Jonathan Gruber remain safe and out of prison after lying to the American people about ObamaCare to trick the deal into law?  

How can it be that Iran will soon have a nuclear weapon authorized by Barack Obama?  

Did Obama really just release six more Islamic Radical Jihadists back into the battlefield around Oman from GITMO in Curba?  

Can Hillary Rodham Clinton really become president after we found out that her private computer server contained all our government records and were deleted?  

Is the Bill, Hillary and Chelsea Clinton Foundation "The Clinton Foundation" really some organized criminal enterprise subject to RICO prosecution?

While all this is going on Barack Obama hiding inside his evil empire deep within the peoples house has another dastardly plan to destroy you and your family.

You've heard about the Obama's Trade Promotion Authority (TPA) which would give the radical Barack Obama to absolute fast-track power to make trade deals like the Trans-Pacific Partnership.  He can just sign the deal and it becomes legal and what we already know Barack Obama will give away the wealth of America.

The Trade Bill must be stopped because of the fine print that not one person can legally share with you.  The Trade Bill opens the borders of the United States.

Yes, by law, the borders will be open to foreign workers and they will come by the millions to create products and services for their foreign governments and create a giant stream of cash and gold leaving America.

We now have 25 million illegal Aliens living in the shadows and not one person is brave enough to stop them, corral them and bus them back to Mexico.  Your representative in Congress says one thing to you and then cuts a deal with the devil Barack Obama.  They cut deals to cash in latter.  They all become millionaires as millions of Americans have no jobs, hope is lost.

The ObamaTrade Deal will make it even worse.  The ObamaTrade deal will make ObamaCare look like a baby step because the Trans-Pacific Partnership kills the other half of the country.  Millions more jobs will be lost and middle class wages will continue to fall as Federal Reserve interest rates start moving up.  

Your 401-K stock market investments will fail at the tune of 50% to 60% and it will happen in a matter of a few days.  Gold will move higher and higher as millions of men and women loose their jobs, their homes and their pride.

The Republican you sent play the debate but they're cheating and stealing their way to wealth.  They say the right things but Hillary Clinton, Louis Lerner, Jonathan Gruber are not in jail.  You can now lie, cheat and steal and avoid prosecution if you know the right people.

You may be surprised but John Boehner (R-OH) is not your representative in Congress as he's playing the shell game with votes and cash.  Representative John Boehner now threatens other Republicans that may vote against the Trans-Pacific Partnership.

Boehner now threatens you.

How are you going to stop him?

Boehner is bucking you directly now.


Boehner has forged a very unusual alliance with the evil Barack Obama and is selling you down the river.  



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Wednesday, June 10, 2015

Obama Dreams About America with No Borders No Constitution No Guns and No Free Press, Warning Alert ObamaTrade, The Barack Obama Trade Deal, ObamaTrade, is another ObamaCare fraud on the people of the United States. The trade deal is being approved and the members of Congress have not read the bill, sounds about right. The Congress, both House and Senate continue to defraud the American people by making secret deals, never reading the bills and sticking to talking points. The Trans-Pacific Partnership, with its new commission, seeks to "rule" the member nations through "policy and regulations"

ObamaTrade, The Barack Obama Trade Deal, ObamaTrade, is another ObamaCare fraud on the people of the United States.  The trade deal is being approved and the members of Congress have not read the bill, sounds about right.  The Congress, both House and Senate continue to defraud the American people by making secret deals, never reading the bills and sticking to talking points. 

Updated Today, ObamaTrade
“It appears there will be another attempt by Tuesday to force through new executive powers for President Obama. A vote for TAA next week is a vote to send fast-track to the President’s desk and to grant him these broad new executive authorities. 

If that happens, it will empower the President to form a Pacific Union encompassing 40 percent of the world’s economy and 12 nations—each with one equal vote. Once the union is formed, foreign bureaucrats will be required to meet regularly to write the Commission’s rules, regulations, and directives—impacting Americans’ jobs, wages, and sovereignty. 

The union is chartered with a “Living Agreement,” and there is no doubt it will seek to expand its membership and reach over time.

Fast-track will not only apply to the Pacific Union, but can expedite an unlimited number of yet-unseen international compacts for six years. T

here are already plans to advance through fast-track the Trade in Services Agreement, the goal of which includes labor mobility among more than 50 nations, further eroding the ability of the American people to control their own affairs.

Americans do not want this, did not ask for it, and are pleading from their hearts for their lawmakers to stop it.

The same people projecting the benefits of leaping into a colossal new economic union could not even accurately predict the impact of a standalone agreement with South Korea. 

The latter deal, which promised to boost our exports to them $10 billion, instead only budged them less than $1 billion, while South Korea’s imports to us increased more than $12 billion, nearly doubling our trading deficit. 

This new agreement will only further increase our trading deficit: opening our markets to foreign imports while allowing our trading partners to continue their non-tariff barriers that close their markets to ours.

If we want a new trade deal with Japan, or with Vietnam, then they should be negotiated bilaterally and sent to Congress under regular order. Under no circumstances should the House authorize, through fast-track, the formation of a new international commission that will regulate not only trade, but immigration, labor, environmental, and all manner of commercial policy.

What American went to the polls in 2014 to vote for fast-track and a new global union? Can anyone honestly say that Congress is trying to ram this deal through because they think their constituents want it?

While elites dream of a world without borders, voters dream of a world where the politicians they elect put this country’s own citizens first.


The movement among Americans toward a decent, honest populism—toward a refocusing on the needs of American citizens and American interests—grows stronger by the day. Every vote to come before Congress, beginning with the next fast-track push, will face this test: does your plan strengthen or weaken the social and economic position of the loyal, everyday working American?”


The Trans-Pacific Partnership, with its new commission, seeks to "rule" the member nations through "policy and regulations" 

People, the Barack Obama radical Trade Deal (ObamaTrade) also include the internet, open borders and millions of illegal alien workers entering America.  After the secret deal is signed (TPP) China is free to enter the collective, so don't believe anything you have seen on ABC CBS NBC MSNBC CNN.

Barack Obama has been killing off the free enterprise system in America and we now have 94 million people out of the workforce and live off the collective socialist welfare programs, funded by debt.  Over 46 million people are living off the electric soup line known as food stamps.  College graduates have no jobs and if you're a negro teenager trying to get started, your unemployment rate is 51%.  Riots are spreading and there is a reason and its not about color, it's about the communist Chinese menace making and selling everything around the world and big American Corporations taking advantage of communist slave labor in China and even Vietnam.

Illegal aliens now take the American jobs.  The Americans are laid off and enter the welfare system which is taxpayer funded.  Ask Mickey Mouse at Disney. Hundreds of hard working Americans are gone, replaced by foreign workers at lower wages.

The ObamaTrade scheme is very clear to insiders but the insiders have pledged to be silent which is a direct breach of their sworn duty to defend and protect the U.S. Constitution and the United States.  Any man or woman that votes for or in any way promotes the ObamaTrade deal is a traitor to the United States.  Follow the money.

As Barack Obama continues to destroy America Iran will have a nuclear weapons program which dooms Israel.  Syria and ISIS ISIL Iraq and Iran will be a full blown war in a matter of months and China, Russian and Iran have joined to fund and funnel arms and troops to Assad in Syria.  Barack Obama does not have a war plan, per Obama.  But now, 48 hours later hundreds of heavily armed U.S. troops are going to Iraq to train the tribes, again.

Obama does have a plan.  It's called the One World Order or the New World Order and the ObamaTrade deal is the centerpiece.  The U.N. has already stated in public that Barack Obama has been lying about the Iran Nuclear deal and sanctions as Iran has been breaking the deal all along.

The billions of Iranian dollars that have been frozen by U.S. and U.N. economic sanctions are now defrosting and deals are being made.  It won't be long you'll again be buying Iranian - Persian Nuts as California growers fade away.  The travel restrictions against the evil doers of Iran, just a fake, their traveling all over the world.  The same with sanctions against Communist Russia and Putin.

The TPP Commision, ObamaTrade in other words, creates a new global governance that gives away the rights of the United States sovereignty.

What does that mean?

This new ObamaTrade commission can issue policies and regulations that have a direct impact on your wallet and the U.S. economy.  It will impact the last factory down the street, the workers all over the country, illegal aliens will again flood the U.S., our money (dollar) will again drop and the E.P.A will control your world.

The secret ObamaTrade deal creates another international structure leaving you on the front porch scratching your head, living off unemployment and your zero interest savings.

The radical Barack Obama has an agenda and it's not you.  Obama is tossing the U.S. in the trash and forming another European Union mess using America.

Read this twice, the TPP Commission ObamaTrade would supplant your U.S. Constitution and all your rights.  

Yes, the TPP Commission ObamaTrade, is a top Obama Secret for a reason.

The Commission would become the governing body over the U.S. that would circumvent the U.S. Constitution leaving you, your property and freedom out in the cold.

You can expect your first and second amendment constitutional rights to be removed at once upon approval.

This would of course mean another civil war in America.

A new civil war is what Barack Obama has wanted all along.

Rich against poor.

White against black.

Worker against welfare.

Citizen against police.

Iran against Israel.

Your bill of rights will be removed.

Barack Obama has many plans, and he will make full use of his power even with a Republican Congress.

ObamaTrade, the fast-track authority from Congress gives Barack Obama a guarantee of approval of any deal the radical makes.  Sounds like Putin in Ukraine.  Sounds like Iran Nuclear Weapons.  Sounds like the IRS.  Sounds like the NSA domestic spy rings.  

The Senate and House is about to give all the power to Obama, the deal ObamaTrade cannot be revised, changed or otherwise rewritten.

Your representative in Congress is giving Obama the entire country and you should impeach them at once.

The ObamaCare fiasco has killed the economy.

The ObamaTrade fiasco will kill you.

Your representative has sacrificed you and your country as again, they have not read the bill and the public will never read the agreement known at ObamaTrade.

The Trans-Pacific Partnership, with its new commission, seeks to "rule" the member nations through "policy and regulations" 

Tuesday, April 21, 2015

A Direct Constitutional Threat by Barack Obama, Hillary Rodham Clinton, John Kerry, Harry Reid, Nancy Pelosi but it's worse than that: Ten Million More Illegal Aliens, staged for importing. The Trans-Pacific Partnership (TPA) fast track being supported by many Republicans (the bastards you voted for) has a legal provision that allows for the “free flow of workers” between countries, essentially creating a backdoor to “unrestricted immigration.” A free flow of workers is the Hillary Clinton, Barack Obama, Eric Holder, George Soros dream as it truly does eliminate the border of the United States, U.N. Agenda 21.

A Direct Constitutional Threat by Barack Obama, Hillary Rodham Clinton, John Kerry, Harry Reid, Nancy Pelosi but it's worse than that:

The Trans-Pacific Partnership (TPA)
Agenda 21, United Nations
“free flow of workers” between countries
The TPP agreement is being negotiated — in secret, even from Congress — between representatives of governments and giant, multinational corporations.

Ten Million More Illegal Aliens, staged for importing

The Trans-Pacific Partnership (TPA) fast track being supported by many Republicans (the bastards you voted for) has a legal provision that allows for the “free flow of workers” between countries, essentially creating a backdoor to “unrestricted immigration.”  A free flow of workers is the Hillary Clinton, Barack Obama, Eric Holder, George Soros dream as it truly does eliminate the border of the United States, U.N. Agenda 21.










 “This is huge hit to every American citizen and they won't know what hit them.

I hope everybody reading this will take the time to copy, paste and post on all available internet channels to get the word out.

Everybody asks me "what can I do?"

Start paying attention and spread the word.

If you're watching ABC, CBS, NBC, MSNBC, CNN or reading The New York Times, Boston Globe, Washington Post, L.A. Times and other progressive socialist media you're be blindsided.

Call your senator today if they're not in jail yet.

If he is a Republican he is voting wrong.

People don't understand that in this deal which is a trade agreement among Australia, Malaysia, Vietnam, Japan, Canada, the United States, Mexico, Peru, and Chile, there’s a provision for free flow of workers, just like in the European Union.

What It means is unrestricted immigration.

Open borders forever.

Low paying jobs for American citizens.

It means literally that  congress would not have the authority to restrict immigration because a treaty supersedes a statute under our constitution.

You can expect millions of illegal aliens, made legal by treaty, to be transported to your neighborhood and stay forever. 

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Not Really A “Trade’ Treaty”
The TPP agreement is being negotiated — in secret, even from Congress — between representatives of governments and giant, multinational corporations. (Government negotiators are not prevented from seeking lucrative corporate jobs if negotiations are completed in favor of those corporations.) Groups representing the interests of labor, environmental, consumer, human rights or other stakeholders in democracy are not at the negotiating table. And, not surprisingly, it appears that the agreement will promote the interests of giant, multinational corporations over the interests of labor, environmental, consumer, human rights or other stakeholders in democracy.
Negotiated in secret, what we know about the treaty comes from leaks. Only a few of the “chapters” of the agreement are actually about “trade” at all. The rest are about the “rights” of corporations and investors. Negotiated just as the worldwide democracy uprising threatens to reign in corporate interests, the agreement will limit governments’ ability to write banking regulations, energy policy, food safety standards and even government purchasing decisions. It will allow corporations and investors to sue governments for lost profits if the governments try to make and enforce environmental, labor and other laws.
Congress Waking Up
The corporations are asking Congress to pass “Fast Track” Trade Promotion Authority. This would mean Congress yields its authority and duties under the Constitution, and just has a rushed up-or-down vote on whatever is presented to them. So this will be about which legislators the giant corporations own, and which they do not. (Of course this vote will occur during a major corporate-funded PR campaign that will rival the propaganda “run-up” to the Iraq war vote.)
Some members of Congress are circulating letters opposing “Fast Track” Trade Promotion Authority and are getting plenty of signatures from the “left” and the “right.”
Last week conservative House Republicans Michele Bachmann and Walter Jones joined Democratic Rep. Rosa DeLauro began gathering signatures of both Democratic and Republican members of Congress on letters opposing granting “Fast Track” Trade Promotion Authority. They complain that Congress has not played their Constitutionally-mandated part in shaping this deal, and Fast Track removes their Constitutional authority to review and amend any such agreement.
In June 2/3 of newly-elected Democratic members of Congress warned against passing “Fast Track.” Also in June 230 members of Congress signed a letter asking that TPP address currency manipulation.
Last year many members of Congress signed letters objecting to the secrecy of the negotiations.
Representative Alan Grayson has been all over this. he has penned posts, held meetings, sent emails, done radio show, and all kinds of other things to warn the public and rally opposition to TPP.
Public Rallying
This public is slowly becoming aware of TPP and the threat it poses. (Corporate media is, of course, not covering this.) Last Saturday, for example, hundreds of people gathered at a rally in Madison Wisconsin to show their disapproval of TPP.
At the rally people chanted, “Secrets, secrets are no fun! TPP hurts everyone!”
Interestingly, those parts of the Tea Party that are not fronts for corporate interests are also trying to spread the news about this treaty. Gotta give them credit, their radar is really catching this one.
Tea-Party concerns include the fact that the treaty would elevate a corporate-council above American sovereignty, and Fast-Track Trade Promotion Authority would strip Congress of its Constitutional role in shaping and approving the treaty.
Here are some examples from Tea-Party outlets,
Daily Paul:
Others:
The Trans-Pacific Partnership: Obama’s Globalization Agreement (Part 1) (Part 2)
The third evil is flying under the radar. Few people know about it. That is by design.
It is called the Trans Pacific Partnership. It might as well be called the American Suicide Agreement.
Do Your Part

Let your Representative and Senators know that you oppose Congress voting for “Fast Track” Trade Promotion Authority because this means that Congress cannot carefully consider the TPP and amend it as needed.

If you're just now hearing about the Trans-Pacific Partnership, don't worry: It's not too late to get up to speed. Negotiations over the huge trade agreement — which, when finished, will govern 40 percent of U.S.' imports and exports — were supposed to wrap up this past weekend in Singapore, but, well, they didn't quite make that deadline, which means meetings will likely continue into the new year.

You'd also be forgiven for not hearing about it: The talks, as with all trade agreements, have been conducted largely in secret. Global health advocates, environmentalists, Internet activists and trade unions have deep concerns about what the deal might contain, and are making as much noise as possible in order to influence negotiations before a final version becomes public. Here's what you need to know.

1. What is the Trans-Pacific Partnership? 

Basically, it's a giant free trade deal between the U.S., Canada, and 10 countries in the Asia-Pacific region that's been under negotiation for nearly a decade now (it began as an agreement between Singapore, Chile, New Zealand and Brunei before the U.S. took the lead in 2009). It's expected to eliminate tariffs on goods and services, tear down a host of non-tariff barriers and harmonize all sorts of regulations when it's finished early next year.

2. Giant, huh? How giant? 


The countries currently party to the agreement — currently including Australia, Brunei, Chile, Malaysia, Mexico, New Zealand, Canada, Peru, Singapore, Vietnam, most critically Japan and potentially Korea — are some of the U.S.' biggest and fastest-growing commercial partners, accounting for $1.5 trillion worth of trade in goods in 2012 and $242 billion worth of services in 2011. 

They're responsible for 40 percent of the world's GDP and 26 percent of the world's trade.

 That makes it roughly the same size as the Trans-Atlantic Trade and Investment Partnership, another huge trade agreement that got rolling this past summer. The hope is that more countries in the region will join down the line.

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3. So the big country not in the TPP is ...

That's right: China. The Obama administration's focus on the TPP is part of its "pivot" to Asia — former national security adviser Tom Donilon called it the "centerpiece of our economic rebalancing" and a "platform for regional economic integration" — after too many years of American foreign policy being bogged down in the Middle East. Scholars such as Columbia University's Jagdish Bhagwati are worried that the TPP goes further, as an effort to "contain" China and provide an economic counterweight to it in the region. Many of the TPP's current provisions are designed to exclude China, like those requiring yarn in clothing to come from countries party to the agreement, and could possibly invite retaliation. In addition, 60 senators have asked for the final agreement to address currency manipulation, which wouldn't directly affect China as a non-member, but could create a framework for broader action.


(Congressional Research Service)
4. I thought we already had a World Trade Organization. Why do we need a separate Asia trade deal?

The TPP process itself is an admission that the consensus-driven WTO is too cumbersome a venue for so-called "high-standard" trade deals. The WTO's weakness seemed even more apparent in its recent "breakthrough" on customs streamlining, which was all negotiators could salvage from the much more ambitious Doha Round that's otherwise been a failure. Of course, some fear that another regional pact will just add complexity and undermine existing institutions.

 Trade agreements are becoming broader. (The Trans-Pacific Partnership and Asia-Pacific Integration: A Quantitative Assessment, edited by Peter A. Petri)
Trade agreements are becoming broader. (The Trans-Pacific Partnership and Asia-Pacific Integration: A Quantitative Assessment, edited by Peter A. Petri)
5. How is it different from other trade deals we've done?

Trade agreements used to deal mostly just with goods: You can import X number of widgets at Y price, as long as we know that certain environmental and labor standards are met. Modern trade agreements — including the Trans-Atlantic deal as well as the TPP — encompass a broad range of regulatory and legal issues, making them a much more central part of foreign policy and even domestic lawmaking.


6. Wait, so how much does this thing actually cover?

The treaty has 29 chapters, dealing with everything from financial services to telecommunications to sanitary standards for food. Some parts of it have significant ramifications for countries' own legal regimes, such as the part about "regulatory coherence," which encourages countries to set up a mechanism like the U.S.' own Office of Information and Regulatory Affairs to conduct cost-benefit analyses on new rules. USTR has a rough outline, and for a more comprehensive rundown, read this Congressional Research Service report.

7. That doesn't tell me much. What are countries still fighting over?

Where to start? Most countries have their own individual issues, and it's difficult to tell what's been resolved since the details aren't public, but anonymously sourced reports and leaked texts suggest that these are the biggest remaining sticking points:

— Intellectual property: The leaked intellectual property chapter revealed that the U.S. has been pushing stronger copyright protections for music and film, as well as broader and longer-lasting applicability of patents. It would also make the approval process more difficult for generic drug makers and extend protections for biologic medicines, which has concerned several members of Congress. Public health and open internet groups have campaigned hard for years around these issues, and public intellectuals like Joe Stiglitz have warned against using the treaty to "restrict access to knowledge."

— State-owned enterprises: Many TPP governments, in particular Vietnam, Singapore and Malaysia, essentially own large parts of their economies. Negotiations have aimed to limit public support for these companies in order to foster competition with the private sector, but given the U.S.' own government-sponsored enterprises — Fannie Mae, Freddie Mac, the U.S. Postal Service — they probably won't go too far.

— Market access: Though the treaty envisions dropping all tariffs, tensions remain between the U.S. and Japan over support for both of their agricultural sectors, as well as Japan's willingness to accept U.S.-made automobiles.


— Investor-state dispute resolution: Most modern free trade agreements include some mechanism for investor parties to sue governments directly for failing to abide by the terms of the agreement, which some public interest advocates worry will have a chilling effect on domestic regulation aimed at consumer and environmental protection.

— Tobacco: Originally, the U.S. had proposed that tobacco be treated differently than other kinds of goods, in that countries would have permission to restrict its importation and sale. This summer, it executed something of an about-face, which alarmed anti-smoking advocates who worry that tobacco companies will continue to sue nations for passing laws that heavily tax cigarettes or ban certain kinds of advertising.

The Peterson Institute has a helpful overview of some of the more contentious issues.

8. How do negotiations work, exactly?

The negotiations have progressed in 20 several-day-long "rounds," which rotate between the party nations. Typically, the U.S. will table a proposal or circulate something called a "non-paper" for discussion, which gets marked up by all the participants until they can come to a consensus. In between the rounds, the U.S. Trade Representative will brief its 16 formal "advisory councils" and seek input from key lawmakers on where they've arrived. (Given the robust revolving door between USTR and industry, a certain amount of back-channel lobbying goes on as well).

When all the parties have agreed on a complete text, they'll take it back to their respective legislative bodies for ratification.

9. Why has the TPP been so secretive? Is that normal?

Trade negotiations are usually conducted in private, on the theory that parties won't be able to have a meaningful dialogue if their positions are disclosed to the public. Accordingly, TPP parties have signed a confidentiality agreement requiring them to share proposals only with "government officials and individuals who are part of the government’s domestic trade advisory process."

What's different this time is the scale and scope of the agreement, and the reasons advocates have had to be concerned about its contents. Sens. Elizabeth Warren (D-Mass.) and Ron Wyden (D-Ore.) have been particularly vocal about the administration's refusal to make draft text available, as have law professors and numerous public interest groups. There have been a couple major unintentional releases, most recently in mid-November, when Wikileaks published a controversial chapter on intellectual property.


9. So but wait, how will this actually affect my life?

To be honest, it'll be hard to notice at first, and it depends on who you are. In the aggregate, it should make you richer: The Peterson Institute for International Economics estimates the U.S. will realize $78 billion more per year under its assumptions about what the TPP will include, and $267 billion annually if free trade is expanded to the rest of the Asia-Pacific region.

Those gains won't be evenly distributed, though: If you're an investor or a U.S. business looking for foreign investment, or a small business looking to sell stuff overseas, the news is pretty great. If you have a job making cars or airplanes, you might have reason to worry. (The Business Roundtable, which is composed of the U.S.' biggest companies, has put together fact sheets on how it thinks the TPP could benefit each state).


U.S. income gains under the Trans-Pacific Partnership and if it's expanded to a Free Trade Agreement of the Asia Pacific, according to the Peterson Institute for International Economics.
UPDATE: It's also worth considering the ramifications of the TPP's potential to exacerbate economic inequality. The left-leaning Center for Economic and Policy Research responded to Peterson's paper with an analysis that breaks out wage gains by income percentile, showing that most would accrue to the wealthy:

 (Center for Economic and Policy Research)
(Center for Economic and Policy Research)
10. What does Congress have to do with this?

The Constitution charges Congress with giving advice and consent on trade agreements. Over the past couple decades, though, Congress has abrogated that right somewhat by granting the president something called "trade promotion authority" or "fast track," which is the right to an up-or-down vote on the treaty as negotiated by the administration so as to avoid quibbling over line items that would require renegotiation with TPP countries.


That's what Congress is currently fighting over. Republicans and big business generally favor reauthorizing the president's fast track privileges, which expired in 2007, while Democrats concerned with protecting U.S. industries and global health have opposed it or demanded more robust consultation up front in exchange. Without trade promotion authority, the chances of ratification are slim.