Political Forums - TPP: An act of duplicity

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I want to emphasize the revolutionary change the TPA represents. As things are now, corporate income largely derives from sales in markets. As such they must provide goods and services that customers are free to buy or not, to get income. The TPA changes that. Through tribunal judgements, corporations can establish entitlement to income streams from involuntary taxation, without delivering any goods or services at all.

I can see a future in which corporations, having established such entitlement, actually shut down operations that compete to provide good and services to customers, in favor of 'rent seeking.'

Quote:

Originally Posted by donquixote99 (Post 270025)

Afaik, that's been going on for decades.

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As they can. This empowers it on a new scale.

Things are looking up.

http://www.washingtonpost.com/politi...5cf_story.html

Quote:

House Democrats dealt President Obama a humiliating defeat on his free-trade initiative Friday, derailing a key priority for the president and rebuffing his rare, personal pleas for their support.

The defeat at the hands of his own party placed Obama’s trade agenda in limbo and exposed deep party divisions on economic policy, leaving the pro-trade Democrats marginalized by the anti-corporate wing of the party, which has been on the rise since the 2008 financial collapse. It also exposed the weakening hand of House Minority Leader Nancy Pelosi (D-Calif.), who had worked for days to avoid a Democratic takedown of the president’s agenda, only to throw her support in with the rank-and-file rebellion at the last minute.

The fate of the trade legislation now depends on Obama’s ability, along with business-friendly interests, to persuade dozens of Democrats to switch their votes before a planned do-over vote early next week.

Quote:

Originally Posted by donquixote99 (Post 270029)

This empowers it on a new scale.

Indeed!

Where is Hillary on this issue?

Quote:

Originally Posted by Dondilion (Post 274851)

Where is Hillary on this issue?

Shhhhh! It's a secret. Just like the TPP.:D

Quote:

Originally Posted by Boreas (Post 274869)

Shhhhh! It's a secret. Just like the TPP.:D

Bernie Sanders, in the other hand.....................