Posted on 11/05/2015 11:42:16 AM PST by Wolfie
Bad Trade Deal 'Worse Than I Thought,' Sanders Says
Sen. Bernie e Sanders issued the following statement today after the text of a proposed 12-nation trade deal, the Trans-Pacific Partnership, was made public.
"Now that the text of the Trans-Pacific Partnership has finally been released, it is even worse than I thought. It is clear to me that the proposed agreement is not, nor has it ever been, the gold standard of trade agreements.
"This trade deal would make it easier for corporations to shut down more factories in the U.S. and ship more jobs to Vietnam and Malaysia where workers are paid pennies an hour. The TPP is a continuation of our disastrous trade policies that have devastated manufacturing cities and towns all over this country from Newton, Iowa, to Cleveland, Ohio. We need to rebuild the disappearing middle class, not tear it down.
"The TPP would allow foreign corporations to sue federal, state and local governments in an international tribunal for passing an increase in the minimum wage or any other law that could hurt expected future profits.
"The agreement would threaten American laws that protect the safety of the drugs we take, the seafood we feed our families and the toys our kids play with every day.
"At a time when prescription drug prices are skyrocketing, the TPP would make a bad situation even worse by granting new monopoly rights to big pharmaceutical companies to deny access to lower cost generic drugs to millions of people.
"Outrageously, the proposed agreement includes violators of international human rights, like Brunei, where gays and single mothers can be stoned to death and Malaysia where tens of thousands of immigrant workers in the electronics industry are working as modern day slaves.
"I will do everything I can to defeat the TPP. We need trade policies in this country that work for the working families of our nation and not just the CEOs of large, multi-national corporations."
Obama drops another Load
Havta say Bernie is right on this one.
When a Bolshevik says your trade deal is bad...
Is it terrible when I trust the socialist more than I do half the GOP presidential field?
Well, you know that old saying about a broken clock....
I know.
Hysterical that Commie Bernie is saying it too.
Guess it isn’t red enough for him?
in lib speak, when they say it’s a bad deal what they really mean is it doesn’t go far enough.
Bernie forgot to mention the politicians who get off-shore accounts from the multi-national corporations who benefit the deal.
Time to take the gloves off!
The “intellectual property” provisions alone would be enough to kill it in a sane world.
It must be bad if a socialist doesn’t like it.
Not really. When a factory shuts down a small community dies, people are dislocated, families disintegrate. The off shored factory's goods are re imported duty free adding to the bottom line of the corporation and the stockholders, these are the few winners.
The consumer sees none of the benefit, as the production savings are siphoned off for profit, that was the point right? Low quality and questionable engineering result in poor value in a lot of cases. The taxpayer is on the hook for "social" service for "dislocated" workers. Most manufacturing is done by non union employees so the excuse of union busting is a thing of the past.
So there are many, many losers. Repeat this enough times and the nations wealth gets transferred to a few international stock holders and landfills slowly get filled with junk that was a nations wealth.
The US worker is being sacrificed on the alter of gloBULLism.
Look up the concepts of “creative destruction”, and “comparative advantage” and get back to me.
Meanwhile, please compare and contrast the economies of free-trading S. Korea, with the economy of N. Korea, an autarky. Point out a single instance, where a nation’s economy was improved because it stopped trading.
Also, consider, if free trade is bad — why are economic blockages (the removal of trade) considered an act of war?
that’s economic “blockades”
What a joke, all those Asian "Free Trade" countries erect all kinds of barriers to imports. We bend over and take BECAUSE OF PEOPLE LIKE YOU make myopic decision regarding trade.
Also, consider, if free trade is bad - why are economic blockages (the removal of trade) considered an act of war?
We are in a trade war and hopefully President Trump will begin fighting it.
Go Trump, go!
Address some of my original post if you wouldn't mind.
Your original post could easily have been lifted from the pages of any union propaganda sheet. I addressed it, when I referred you to “comparative advantage”, and “creative destruction”.
What percent of the USA manufacturing labor force is unionized? Do you know?
Please address the issues or are as condescending as you appear?
And under the TPP, they remain in place. We are suckers.
That's called an embargo, and it's not an act of war. Every sovereign nation has the right to decide who it will and won't trade with. "Economic blockade" is a deliberately misleading propaganda term invented by the Castro regime to confuse the gullible into believing our embargo of Cuba was a "blockade", and therefore an act of war, which they could then blame for their socialist failures. A blockade would be if we used the Navy to prevent other countries from trading with them.
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