‘A Giant Sucking Sound’
Can you hear me now? Perots warnings about NAFTA turned out to be prophetic. (Photo via Getty Images)
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Yet while the two candidates speechify, behind the scenes they continue to push policies that favor corporate profits over middle-class workers. For example, both candidates strongly support the proposed Trans-Pacific Partnership agreement (TPP), which is sold as a free trade agreement for the Pacific Rim and is being pushed by the U.S. Chamber of Commerce, the top lobbying group for American corporations.
The terms of the TPP have been kept secret from the public for two years and only made available to the negotiators and a select group of corporate partners. However, a draft of the agreement that was leaked in June reveals the TPP would bestow radical new powers upon multinational corporations, including one provision that would protect the pharmaceutical industry from generic competitors and others that would allow companies to override domestic protections for the environment and for workers. New TPP investment rules aim to eliminate Buy American preferences for U.S. manufacturers.
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http://www.inthesetimes.com/article/14005/a_giant_sucking_sound
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