Wall Street And Big Corporations Got What They Wanted – This Time

Fast track passes. Our Congress – the supposed representatives of We the People – voted to cut themselves and us out of the process of deciding what “the rules” for doing business “in the 21st Century” will be.

How do the plutocrats and oligarchs and their giant multinational corporations get what they want when a pesky democracy is in their way? They push that pesky democracy out of their way.

Because of fast track, when the secret Trans-Pacific Partnership (TPP) and any other secretly negotiated “trade” agreements are completed Congress must vote in a hurry with only limited debate, cannot make any amendments no matter what is in the agreement, and they can’t be filibustered. Nothing else coming before our Congress gets that kind of skid-greasing, only corporate-written “trade” agreements – and it doesn’t matter how far the contents go beyond actual “trade.”

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All Hands On Deck: House Fast Track Vote Could Come This Week

ALL HANDS ON DECK. This is not a drill. The vote in the House of Representatives on fast track trade authority, preapproving the Trans-Pacific Partnership (TPP) before the public finds out what is in it, is coming up very soon. It is even possible it could happen later this week. The Senate has already passed fast track; if the House passes this it goes to President Obama and he will sign it. That will make TPP a done deal.

Fast track is a weird procedure, invented by President Richard Nixon, whereby Congress sets aside the normal procedures for considering, debating and voting on a bill – but only for so-called “trade” agreements. Under fast track Congress agrees to rush the agreement through with little debate, agrees not to make any amendments, and not to filibuster it. (How else could they get approval for deals that allow companies to ship jobs and factories out of the country to places where workers and the environment are not protected?)

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Make One More Call To Senators To Stop Fast Track

The fast track trade promotion authority vote in the Senate is itself being fast tracked. The last time fast track was in front of the Senate, members spent three weeks discussing it. This time the Senate gets just a few days.

The final Senate vote is coming up. Make a few calls and see if we can head this off.

The Senate is considering the rigged fast track trade promotion authority process that, if passed, will be used to push through the Trans-Pacific Partnership (TPP) and future trade bills under future presidents.

Please make one more call to your senators and let them know you do not want them to vote for the Fast Track bill. If it passes the Senate it will then move to the House soon after the Memorial Day break. The House is where the real fight will take place; it is important that you start contacting your representative in Congress about this.

Big Rush

Fast track is being rushed through the Senate at an unusual pace, and senators are largely being denied the chance to offer amendments. Thursday the Senate voted 62-38 to halt debate soon after it began, with 13 “Democrats” joining Republicans to rush the process of pushing fast track through before the public can catch on that the massive Trans-Pacific Partnership trade deal is being “greased.” Fast Track essentially preapproves TPP before the public can even see what is in the agreement.

Michael McAuliff, in Senate Advances Fast-Track For Obama Trade Deals at HuffPo, writes that even Alabama Republican Senator Jeff Sessions wants to know what the rush is:

“We’re moving to this massive bill with very little debate even on the fast-track policy. And if that’s adopted and the bill — TPP — appears, there will be no amendments on it,” said Sen. Jeff Sessions (R-Ala.), referring to the fast-track rules that don’t allow Congress to alter trade agreements.

“I see no reason that we have to rush this,” Sessions said, adding that he has not received enough assurance from the administration that the trade deals will be good for workers.

“I sent a letter to the president of the United States asking how fast-track and the vast Trans-Pacific Partnership would impact the jobs and wages of American workers. A simple question. Would it increase or reduce manufacturing jobs and wages in the United States?” Sessions said before the vote. “Shouldn’t we know that? Is that a question improper to be asked? He’s refused to answer. I think the reason he’s refused to answer is because the answer is not good.”

Currency Amendment

One amendment that actually will get a vote is a currency amendment by Sens. Rob Portman (D-Ohio) and Debbie Stabenow (D-Mich.). Passing the currency amendment requires 51 votes. This amendment would add a requirement to the fast track legislation telling trade negotiators to include provisions to hold countries accountable to International Monetary Fund standards. It would add enforceable currency language necessary to ensure that foreign competitors don’t use their exchange rates to subsidize their exports at the expense of products made by American workers.

Presidential candidate Hillary Clinton has said she wants to see currency rules like this in TPP and this amendment will help make that happen. CNN has the story in “Clinton finds problems with Obama TPP trade proposal“: “The Democratic front-runner in the 2016 presidential race said she wants to see rules included in the Trans-Pacific Partnership that would penalize countries for driving down the value of their currencies in order to give their exports a price advantage in the U.S. market.”

Business groups affected by unfair competition from countries that manipulate currency also want this to pass. For example, the American Automotive Policy Council, which represents Ford and GM, wants the Portman-Stabenow amendment to pass. The U.S. Business and Industry Council also issued a statement that begins:

Kevin L. Kearns, USBIC president, issued the following statement: “For far too long, our domestic manufacturers have been subject to attacks by foreign competitors using artificially low prices courtesy of undervalued currencies. As a result, the United States has seen its domestic manufacturing base hollowed out and former manufacturing centers turned into blighted cities. It is time this predatory practice, which violates IMF requirements, is eradicated. To do so, there needs to be a defined process and specific penalties in trade agreements. Portman-Stabenow is an important first step in seeing that modern trade agreements put a halt to currency manipulation.”

Make A Call, Then On To The House

Michael Stumo of the Coalition for a Prosperous America writes at Economy in Crisis, in “What to expect re: upcoming trade votes“:

We do expect the Senate to approve Fast Track this week. Do not be disappointed or discouraged if and when you hear that news.

Indeed we have always expected the Senate to approve it. While we had a brief surprise last week when the Senate defeated a cloture vote, that lasted two days and was for procedural maneuvering reasons rather than a fundamental shift. … After likely Senate approval, the House is expected to take up Fast Track in early June.

… This is a big battle. The pro-trade deficit advocates are well funded. The battle, in many ways, will continue for some time.

The point of this message is: The Senate will likely vote for Fast Track, this is expected, it should not discourage you from future advocacy, and the big battle is in the House.

It is very important to call your state’s two senators TODAY and let them know your feelings about rushing fast track through with little debate and almost no consideration of amendments.

Call the Capitol Hill operator at 202-224-3121 and ask to be connected to your senators. Or, find the direct number here.

The 13 Democrats who broke ranks and voted with Republicans should get particular attention, if you are in one of their states. These are Michael Bennet (Colo.), Tom Carper (Del.), Chris Coons (Del.), Maria Cantwell (Wash.), Dianne Feinstein (Calif.), Heidi Heitkamp (N.D.), Tim Kaine (Va.), Claire McCaskill (Mo.), Patty Murray (Wash.), Bill Nelson (Fla.), Jeanne Shaheen (N.H.), Mark Warner (Va.), and Ron Wyden (Ore.).

After fast track is rushed through the Senate, it will be brought up for a vote in the House soon after it returns from Memorial Day recess June 1. If you are able to attend an event with your member of Congress in person over this break please do so; please let them know you are paying attention and do not want them to preapprove TPP by voting for fast track. Otherwise give your representative’s office a call, write a letter and let everyone you can talk to know that this is coming up and is very important for the future of working people.
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This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF. Sign up here for the CAF daily summary and/or for the Progress Breakfast.

These 13 Democrats Are Helping Rush Fast Track Through The Senate

Democratic Senators voted to limit trade debate

Fast track is being super-fast tracked in the Senate. Wall Street and the big corporations really, really want this one and the Senate is responding, including 13 “Democrats.” When the fix is in and you are rigging the game anyway, why bother with the pretense of meaningful and open public debate?

Sometimes a vote is a clear either/or, where you are either voting with Wall Street and the giant, multinational corporations or you are voting with 99 percent of Americans who actually (try to) work for a living. These trade votes are one of those clear choices. Thirteen Democrats joined today with Republicans, Wall Street and the giant, multinational corporations to rush fast track through the Senate with little public debate and few votes on amendments.

These are the 13 “Democratic” Senators who voted to rush the TPA bill: Michael Bennet (Colo.), Tom Carper (Del.), Chris Coons (Del.), Maria Cantwell (Wash.), Dianne Feinstein (Calif.), Heidi Heitkamp (N.D.), Tim Kaine (Va.), Claire McCaskill (Mo.), Patty Murray (Wash.), Bill Nelson (Fla.), Jeanne Shaheen (N.H.), Mark Warner (Va.), and Ron Wyden (Ore.).

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These Senate Democrats Broke The Blockade Of Fast Track

As promised, here is the list of Democratic senators who joined Republicans to break the filibuster of fast track trade promotion authority. Fast track essentially preapproves the Trans-Pacific Partnership before the pubic gets a chance to know what is in it. As I wrote Thursday, this is “for your phone calls and your ‘long memory’ list.”

Michael Bennet, Colorado – (202) 224-5852
Maria Cantwell, Washington – (202) 224-3441
Tom Carper, Deleware – (202) 224-2441
Chris Coons, Delaware – (202) 224-5042
Dianne Feinstein, California – (202) 224-3841
Heidi Heitkamp, North Dakota – (202) 224-2043
Tim Kaine, Virginia – (202) 224-4024
Claire McCaskill, Missouri – (202) 224-6154
Patty Murray, Washington – (202) 224-2621
Bill Nelson, Florida – (202) 224-5274
Jeanne Shaheen, New Hampshire – (202) 224-2841
Mark Warner, Virginia – (202) 224-2023
Ron Wyden, Oregon – (202) 224-5244

“Extremely Lucrative Post-Political Opportunities For Members Of Congress And Staff”

On an obviously (to me) related note, on Thursday Salon published “‘Utter insanity and stupidity': Ex-Reagan adviser unloads on GOP, lobbyists and the myth of the ‘moderate Republican'” interviewing Bruce Bartlett. Bartlett said that he sees lobbying as “one of the most insidious threats to American government.” He sees this as more of a threat than the campaign finance system. One reason, he says, is that companies now see government as a profit center where they get a return on the amounts they spend to bribe lobby Congress. He goes on (emphasis added):

The second insidious element of this [lobbying] is that it has created extremely lucrative post-political opportunities for members of Congress and staff. It used to be that a member of Congress, once they were defeated or were retired, they’d go home or they would just simply literally retire and do nothing. But now, they have all these opportunities to make huge amounts of income as lobbyists. I think it’s changed the nature of being in Congress.

When I first started working on Capitol Hill, it was sort of generally understood that a member of Congress would stay pretty much forever … and it was very common for staff people to stay on Capitol Hill for their entire careers. I think that’s very rare these days. Now, they come, they get their ticket stamped, and then they move on and become lobbyists and make a lot more money — and do a lot less work. So, I can’t prove it, but I honestly think that there are people who run for Congress now not because they actually want to be in Congress, but because they actually want to be lobbyists, and so they want that credential that allows them to get the job that they want.

Do you think they see lobbying as basically a reward they’ve earned from working on Capitol Hill?

Well, yes, and not only that. I learned this from Jack Abramoff: he would go to … Congressional staffers and basically say, Look, if you do this favor for me, there’s a guaranteed job for you the day you decide to leave Capitol Hill. I don’t know if that’s literally bribery, but it certainly borders on it … This was a revelation to me, because that was never the case when I worked on Capitol Hill. But now, I think that people do understand that these options are there and it does encourage them to push the limits of what might be legally or ethically justifiable.

Let me add a footnote to this, one of the things about lobbying that I never see anybody report on, but it is extremely insidious.

Sure, go ahead. What is it?

The employment of spouses and children of members of Congress [in lobbying firms]. Now this information has to be disclosed on their financial disclosure forms, but I’m not aware of anybody who collects it and analyzes it systematically. It’s very common for the wife or husband of some member of Congress to get a job at some lobbying company or some government relations office — and, frankly, a lot of times these jobs are not real jobs. These people are not being hired for their expertise. They’re hired simply to ingratiate the business with the member of Congress and to create a very opportunities for de facto lobbying through the normal, social things that go on in any business. This is very very common, I’m afraid. For some reason it just seems to be off-limits for people to complain about it.

Well, I’m complaining about it right here.

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This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF. Sign up here for the CAF daily summary and/or for the Progress Breakfast.

Senate Fast Track Vote Tuesday – Where Is Clinton?

Senate Majority Leader Mitch McConnell has scheduled the voting process for trade promotion authority, commonly known as “fast track,” to begin as early as Tuesday. If passed, fast track prohibits the Congress from amending trade agreements no matter what problems might show up, requires these agreements to be voted on within 90 days, limits the debate Congress is allowed and prohibits filibusters.

Passing fast track will essentially pre-approve the secret Trans-Pacific Partnership (TPP) “trade” agreement before the public gets a chance to know what is in it, as well as future trade deals regardless of who is president or what the rigged, corporate-dominated negotiating process produces.

With a vote coming as soon as Tuesday, presidential candidate Hillary Clinton has not yet spoken out for or against fast track.

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Obama Says Warren On Trade Sounds Like Palin Touting Death Panels

President Obama, speaking to the Organizing for America (OFA) Summit Thursday, said that people who have concerns about the Fast Track Trade Promotion Authority process and the still-secret Trans-Pacific Partnership (TPP) “don’t know what they’re talking about,” and compared them to conservatives like Sarah Palin, who claimed that the Obamacare health care reform contained “death panels.”

Then, on a Friday conference call with reporters the President complained about people like Elizabeth Warren and Bernie Sanders saying, “Every single one of the critics who I hear saying, ‘this is a secret deal,’ or send out emails to their fundraising base saying they’re working to prevent this secret deal, can walk over today and read the text of the agreement. There’s nothing secret about it.”

In fact, the TPP is still secret, but parts of it have leaked. It will remain secret from the public until shortly before it is voted on in Congress.

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A Look At The Fast Track Bill Shows It’s The Wrong Thing To Do

The “fast track” trade promotion authority bill has been introduced in the Senate. Article 1, Section 8 of the Constitution says, “The Congress shall have power to … regulate commerce with foreign nations.” But under fast track, Congress relinquishes that power and agrees to pass trade bills brought to them by the executive branch in a very short time frame with little debate and without making any changes should any problems present themselves.

Though it was announced that this year’s fast track bill was the result of a “deal” between Sens. Ron Wyden (D-Ore.) and Orrin Hatch (R-Utah) the 2015 bill is nearly identical to the 2014 bill that died in Congress without support for a vote. See this side-by-side comparison from Rep. Sander Levin of the House Ways and Means Committee. It is unclear from this comparison why the “negotiations” between Hatch and Wyden took so long, and what Wyden got that enabled him to put his name on it, enabling the bill to be sold as “bipartisan.”

Fast Track Sets Aside Normal Procedure

Congress does not set aside normal procedure, debate, the ability to fix problems that turn up and agree to vote within 90 days except for trade agreements – even though trade agreements have now proven to have such a tremendous and often detrimental effect on our economy, jobs, wages and inequality. Where did the idea to do this come from? According to Public Citizen, this unusual procedure was “initially created by President Richard Nixon to get around public debate and congressional oversight.”

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Now We Know Why Huge TPP Trade Deal Is Kept Secret From The Public

A key section of the secret Trans-Pacific Partnership (TPP) trade agreement has been leaked to the public. The New York Times has a major story on the contents of the leaked chapter and it’s as bad as many of us feared.

Now we know why the corporations and the Obama administration want TPP, a huge “trade” agreement being negotiated between the United States and 11 other countries, kept secret from the public until it’s too late to stop it.

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A Trade Campaign Built On Four Pinocchios

A newly launched public relations campaign in support of trade promotion authority, a.k.a. “fast track,” and the Trans-Pacific Partnership (TPP) calls itself “the Progressive Coalition for American Jobs.” At its foundation is a set of misleading (at best) claims that begin with a four-Pinocchio whopper.

It is unclear who is in the coalition, why they call themselves “progressive” when progressives are opposed to TPP and fast track, and flat-out wrong that the trade agreement is going to produce “American jobs.”

American Jobs? “Four Pinocchios”

The “Progressive Coalition for American Jobs” sent out a press release earlier this week promising that the TPP will “support hundreds of thousands of new jobs in the United States.” This is the same promise that Clinton used to sell NAFTA, the North American Free Trade Agreement, and we know how that turned out. (Hint: lost jobs, lost wages, lost factories, lost industries, devastated regions of the country, increased trade deficits and a few CEOs and Wall Street types made vastly richer.) (See also, Obama’s Trans-Pacific Partnership Promises Echo Clinton’s On NAFTA.)

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Enormous, Humongous Trade Deficits Widen, Further Exposing Failed Policy

In December the trade deficit in goods and services made its largest percentage jump in more than five years and the 2014 yearly total is its highest since 2012 – which begs the question: Why is the Obama administration doubling down on the failed trade policies of its predecessors?

The U.S. has run massive trade deficits for decades since the Wall Street-driven “free trade” ideology came to dominate. “Free trade” de-industrialization has cost our country millions of jobs, tens of thousands of factories and entire industries. It has pushed down wages and greatly increased inequality. Now the Obama administration is doubling down, pushing a vast “NAFTA-style” trade agreement and asking Congress to pass a rigged “fast track” process to pre-approve it.

December’s Numbers

The U.S. Census Bureau reported Thursday that the December trade deficit jumped $6.8 billion (17.1 percent) to $46.6 billion, the largest since November 2012 and the biggest percentage increase since July 2009.

Exports fell $1.5 billion to $194.9 billion (with a chunk of our exports being oil and gas and other raw materials, not manufactured, finished goods). Imports rose $5.3 billion to $241.4 billion.

2014’s Totals

For all of 2014, the trade deficit increased $28.7 billion (6 percent) to $505 billion. There was a $6.5 billion (2.9 percent) increase in the services trade surplus and a $35.2 billion (5.0 percent) increase in the goods trade deficit. Note that exports increased, but imports increased more. Exports were $2,345.4 billion, up $65.2 billion or 2.9 percent. Imports were $2,850.5 billion, up $93.9 billion or 3.4 percent.

The resulting trade deficit subtracted 1.02 percentage point from last year’s GDP growth and is causing the government to revise growth forecasts downward.

The Economic Policy Institute’s Robert Scott pointed out that “The U.S. trade deficit in manufactured products increased to $524.2 billion in 2014, an increase of $76.8 billion (17.2 percent) from 2013. … Growing trade deficits in manufactured products have been a primary driver in the displacement of U.S. manufacturing jobs since 2000.”

The 2014 trade deficit with China increased by $23.9 billion to $342.6 billion. Exports to China were up $2.3 billion to $124.0 billion while imports from China increased $26.2 billion to $466.7 billion. Again, exports increased but imports increased more, resulting in job loss and a drain on our economy.

Korea and NAFTA

Since the Korea Free Trade Agreement, our trade deficit with Korea has surged more than 80 percent, which equates to the loss of more than 70,000 U.S. jobs. The U.S. goods trade deficit with Korea increased 20 percent in 2014 to more than $25 billion. 2014 exports to Korea were lower than 2011 — which was before entering into the KORUS Korea FTA.

Brad Markell, Executive Director of the AFL-CIO Industrial Union Council, issued a statement that included the following:

These numbers are a consequence of a murderer’s row of bad trade deals. Together, NAFTA, PNTR, CAFTA, and KORUS have gutted the U.S. manufacturing sector. They’re a hall of fame of horribles.

So why is the Obama administration doubling down on the failed policies of its predecessors? Especially when the President and his team have worked hard to encourage American manufacturing by saving the domestic auto industry, establishing a national technology strategy, and enforcing trade-rule violations. Their dogged pursuit of more old-style trade agreements will undermine all of the progress we have made.

Instead, the Obama administration should crack down on foreign government’s currency manipulation to help our manufacturing sector. Prominent economists across the spectrum like Art Laffer, Larry Summers, Jared Bernstein, Dean Baker and Rob Scott all agree this is a significant problem that should be addressed in trade agreements. But President Obama recently acknowledged provisions on currency manipulation are being left off the table.

Currency Manipulation

A major cause of the trade deficits was currency manipulation by other countries. By manipulating the value of their own currency countries can cause American-made goods and services to cost more internationally. China and Japan are two of the worst offenders.

Currency manipulation is not addressed in the Trans-Pacific Partnership agreement now under negotiation.

A February 2014 report from the Economic Policy Institute (EPI), “Stop Currency Manipulation and Create Millions of Jobs,” shows how currency manipulation by China and others are costing the United States between 2.3 million to 5.8 million jobs.

Japan’s currency manipulation contributes to the approx. 897,000 us jobs lost to our 2013 trade deficit with that country — 466,000 of those in manufacturing.

Robert Scott of the Economic Policy Institute explains:

The U.S. dollar gained 13.3 percent against other major currencies between December 2013 and January 2014 (according to the Board of Governors of the Federal Reserve System) as a result ofcurrency manipulation by Japan and the slowdown in Europe.  Dollar appreciation reduces the competitiveness of U.S. exports and increases the U.S. goods trade deficit.

Trans-Pacific Partnership (TPP) And Fast Track

The Obama administration is pushing the Trans-Pacific Partnership (TPP) by saying that we need this trade deal to keep China from dominating the region. But our problem with China is because of trade deals. We set up conditions when we agreed to bring China into the World Trade Organization (WTO) and we were promised jobs from exports. Instead we got massive imports.

President Obama talks about “boosting exports” but does not mention imports or the enormous, humongous trade deficit. The administration is putting up with these trade deficits and refusing to do anything about currency manipulation by China, Japan and others, while pushing TPP.

The TPP has nothing that fixes this problem. It does not require balance; it does not address currency manipulation. All it does is set up rules that create conditions for the giant multinational corporations to dominate and prevent competition.

EPI’s Robert Scott, in Increased U.S. Trade Deficit in 2014 Warns Against Signing Trade Deal without Currency Manipulation Protections warns of consequences of TPP, because several of the TPP countries are currency manipulators:

U.S. trade and investment deals such as the North American Free Trade Agreement and the U.S.-Korea Free Trade Agreement, and China’s membership in the World Trade Organization, have resulted in growing U.S. trade deficits and job losses and downward pressure on U.S. wages.   Several members of the proposed TPP are well known currency manipulators, including Malaysia, Singapore, and Japan. In fact, Japan is the world’s second largest currency manipulator, behind China. The United States should not sign a trade and investment deal with these countries that does not include strong prohibitions on currency manipulation.

Action note: The Alliance for American Manufacturing asks you to: “join us in telling Congress to ensure currency manipulation is addressed in the TPP.

We don’t need any more “free trade” agreements. The U.S. has run large and increasing trade deficits since the late 1970s, when the “free trade” ideology took over. The results are obvious. These trade agreements have devastated entire “rust belt” regions of the country. They have kept wages stagnant for decades. They have caused “structurally” high unemployment. They have shifted the middle class down into demeaning, low-wage jobs. They have brought incredible, massive wealth to a very few gazillionaires as they move more factories and jobs out of the country and pocket the wage and environmental-protection differential and these gazillionaires are now controlling our entire political system.

Enough Is Enough

We don’t need more corporate-dominated, rigged trade agreements. Instead we need to fix the agreements we already have. To do this we need to reform the corporate-dominated process that has gotten us where we are today. We need to bring in all of the stakeholders in these agreements and put them at the negotiating table.

Imagine a trade agreement negotiation by representatives of consumer, labor, environmental, health, LGBT, democracy and other citizen “stakeholder” groups instead of solely by and for the giant multinational corporations. Imagine the changes in the way we can all live.

Imagine a trade agreement that prohibits employers from threatening to move a job out of the country to keep someone from getting a raise. Imagine a trade agreement in which the participants agree not to import any goods from countries that allow pollution of the environment. Imagine a trade agreement that outlaws the sale of goods made in conditions that are unsafe for workers. Imagine a trade agreement that sets minimum standards for product reliability and customer support. Imagine a trade agreement that sets a limit on the gap between CEOs and their employees.

Honestly, democratically and transparently negotiated trade agreements could bring about a new direction for the world’s economy and citizens.

Actions

Campaign for America’s Future says: “No More Job Killing Trade Agreements.”

The Communications Workers of America (CWA) wants you to: “Tell Congress: We Can’t Afford to Outsource More Jobs.”

Robert Reich says, “I’m collaborating with my friends at Democracy for America and MoveOn to spread the word about why the TPP is such a bad idea. Check out this email that I made with MoveOn — and then sign DFA’s petition to Congress.”

Public Citizen wants you to email your representative to keep us from taking the Fast Track down the same losing path.

Magic: The “Inside the Beltway” Distortion Trick

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This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF. Sign up here for the CAF daily summary and/or for the Progress Breakfast.

Let’s Take Apart The Corporate Case For Fast Track Trade Authority

U.S. Trade Representative (USTR) Michael Froman appeared before Congress Tuesday to make the corporate argument for “fast track” trade promotion authority. The USTR and President Obama are pushing fast-track pre-approval for the Trans-Pacific Partnership (TPP) and other big “trade” agreements they are working on. The Chamber of Commerce, Business Roundtable and other corporate groups and lobbyists are also pushing hard for Congress to pass fast track.

The promoters of fast track say we need it to push “trade” agreements through Congress to expand trade and increase exports. “What we’re going to do through this trade agreement is open up markets,” Froman told Congress Tuesday, “and then level the playing field so we can protect workers, protect American jobs and then ensure a fair and level playing field by raising labor and environmental standards, raising intellectual property rights, standards and enforcement, making sure that we’re putting disciplines on state-owned enterprises that pose a real threat to workers.”

These corporate arguments (you can see them in this Chamber of Commerce slide show “Ten Reasons Why America Needs Trade Promotion Authority”) just make me more skeptical of what they are selling. Here’s why.

1) President Obama, trade representative Froman, the Chamber of Commerce and others repeat the talking point, “95 percent of the world’s markets are outside the U.S..” This makes me skeptical of what they are selling because it is a “look over there at that shiny object” argument.

Saying that 95 percent of the world’s markets are outside the U.S. implies that we need TPP and other agreements because we are currently not selling goods to 95 percent of the world. This is patently false. We sell goods and services around the world already. In fact, it contradicts other corporate arguments for these agreements like, “More than 38 million American jobs already depend on trade.”

This argument deceives people about the very nature of these agreements. Most of the objections being voiced over these coming agreements are about non-trade issues. Only five of TPP’s 29 chapters deal with what people understand as “trade.” So an argument that TPP and similar agreements will “expand trade” masks what the bulk of these agreements are really about, which is getting governments off the backs of the giant corporations and protecting their profits from competition and democratic regulation.

Just one example of this is the “investor-state dispute settlements” provision, which I have called “corporate courts.” This part of “NAFTA-style” trade agreements, including TPP, allows corporations to sue governments that pass laws and regulations that interfere with profits. Similar clauses in trade agreements around the world have, for example, enabled tobacco companies to sue governments for trying to protect the health of their citizens. Under TPP these suits will be adjudicated by corporate attorneys, not democratically constituted courts.

Other examples are expanded copyright and patent protection for the giant multinationals, which will increase the cost of pharmaceutical products and potentially restrict the freedom of the Internet.

Obviously the corporate advocates of these agreements want this, so they are using distraction, diversion and shiny promises of increased trade and more jobs to sell the agreements.

2) Froman, testifying before the Senate Tuesday, said that we need these new agreements because our country has low tariffs and other barriers to entry while many countries we trade with have high tariffs and barriers to entry.

Wait, back up, he is saying that other countries have high tariffs and barriers to entry but we let goods from those countries into our country with low tariffs and few barriers? What? Doesn’t this undermine our country? Don’t low import tariffs cost badly needed revenue and enable offshoring of jobs and factories? Isn’t this a recipe for imbalance, job loss and huge trade deficits? (And don’t we have imbalance, job loss and huge trade deficits as a result of that recipe?)

In other words, he is saying that the U.S. has been an absolute and complete patsy on trade. And obviously we have been paying the price. Our government hasn’t enforced trade balance and hasn’t protected American interests, which has cost us wages, jobs, factories and entire industries. We have an enormous, humongous trade deficit and that has lowered our standard of living, and driven inequality. Trade agreements haven’t fixed this — recent trade agreements like NAFTA and South Korea have worsened this problem, with more job loss and even larger trade deficits.

The USTR and the president argue that TPP will reset this problem and will enforce good labor and environmental standards. (Enforcing international labor standards would require our government to boost enforcement and a number of U.S. states to change their laws, by the way.)

The U.S. government has no credibility when it comes to protecting Americans from trade imbalances and the resulting loss of wages, jobs, factories and entire key industries. Yet with this terrible record Froman and the president are asking Congress to pre-approve new trade agreements by passing fast track. They are asking this while the coming agreements – negotiated using the same corporate-dominated process that caused the mess – are still secret. They are asking this even though fast track will prevent Congress from adequately examining and debating agreements and fixing problems. Fast Track also keeps the public from having time to read and comprehend the agreements and rally opposition if opposition is warranted.

Saying that we have been patsies isn’t an argument for setting up a fast-track process to pass more trade agreements; it is an argument for backing up and replacing everyone and everything involved in setting and enforcing our government’s trade policies. Pushing through even more agreements using the same corporate-dominated process that caused the mess is not a way to fix the mess; it is a way to make things even worse.

3) Corporate advocates for fast track argue that we need to increase exports. This is exactly right, but they never, ever, ever, ever, ever mention imports and trade deficits. Why is that? We need balanced trade. If imports increase more than exports this represents a net loss of jobs, technology, manufacturing ecosystem and our living standard. If trade imbalances continue over time it throws the entire world’s economy out of balance. (It does things like enable 80 people to have as much wealth as half of the world’s population, and 1 percent of the world to have more wealth than all of the rest combined.)

Is there a section of these new agreements – the five of 23 chapters that are actually about trade, anyway – that requires that trade be balanced so we can stop losing jobs, wages, factories and industries? TPP is still secret, so we don’t really know. And fast track doesn’t give us time to find out once we do see the agreement, and doesn’t allow us to fix it if it doesn’t require balance.

4) Corporate advocates say “more than 38 million American jobs already depend on trade. This is one in every five jobs across the country.” I’m not sure how this is an argument for new trade agreements when they say we’re already doing so great. In any event, they are not bringing up the jobs we have lost to imports – which is more than the jobs we have gained from exports. They’re again saying “trade is good” to divert us from seeing that only five of the 29 chapters of TPP are even about trade at all. The rest is about getting democratic government off the backs of the giant multinational corporations and protecting them from competition.

5) Another corporate argument is that 97 percent of American companies that export are small businesses. This is another misleading and irrelevant number. They don’t say what percent of our exports come from these small businesses. And trade agreements that reinforce the monopolies held by giant multinational corporations by expanding their copyright and patent dominance certainly do not help smaller businesses. They are instead designed to limit competition.

What is needed is for the the contents of the TPP agreements to be made public now and for stakeholders like labor, environmental, consumer, democracy, health and all other groups to be part of the process right now. Then, when an agreement is concluded, Congress and the public need adequate time to fully analyze and discuss these agreements and their implications. Finally, Congress should be able to fix problems with the agreements to bring them in line with the interests of all Americans.

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This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF. Sign up here for the CAF daily summary and/or for the Progress Breakfast.