Posts Tagged ‘Trade’

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Many think our government is for sale. However, by taking a look at the facts below provided by the Open Secrets, it is easy to understand where they are coming from. Looking back at Friday the 12th, the House voted on Trade Promotion Authority (TPA), the controversial bill that gives power to the executive branch to negotiate treaties. TPA limit’s Congress’ ability to better a trade deal by subjecting members of Congress to 90 days of reviewing the trade agreement, prohibiting any amendments on the implementing legislation, and giving them an up or down vote. TPA passed with a mere 219-211 vote with only 218 needed to pass. The real shocker comes from the amount of money each Representative received for a yes vote. In total, $197,869,145 was given to Representatives for a yes vote where as $23,065,231 was given in opposition.

  • John Boehner (R-OH) received $5.3 million for a “yea” vote and was the highest paid legislator.
  • Kevin McCarthy (R-CA) received $2.4 million for his “yea” vote.
  • Paul Ryan (R-WI) received $2.4 million for a “yea” vote and came in at the third highest paid legislator.
  • Pat Tiberi (R-OH) follows Paul Ryan, coming in the fourth spot having received $1.6 million for his “yea” vote.

The fifth highest paid legislator is somewhat of a “hero” in comparison to others. Representative Steny Hoyer (D-MD) received $1.6 million for a yes vote and only $282,710 for a no vote. Despite of his high contribution from those in favor of TPA, he still voted a solid nay.

Full Story @ [opednews]

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#TTIP: The Consequences of Free Trade

Posted: June 26, 2015 in Politics
Tags: ,

“This is the latest in a sequence of so-called, free-trade agreements from NAFTA to GATT, negotiated in secret and imposed on populations without a vote.”

There are two clear responses to the possible installation of the TTIP – yes, and definitely not! The TTIP, or Transatlantic Trade and Investment Partnership, has been referred to as “a comprehensive free trade and investment treaty, presently being negotiated, in secret.” And, its main objective has been described as the removal of regulatory barriers which limit or restrict the potential profits to be made by transnational corporations. Regulatory barriers are often environmental, labor and public health policies. That’s a big deal! In fact, it’s scary!

Although first world governments and multi-national corporations are all in favor of the deal, which they claim will result in more jobs and GDP growth for both sides of the Atlantic, there are serious concerns with the proposal.

On this week’s edition of the teleSUR original series, Media Review, host Richard Seymour picks apart the controversial deal, and harshly criticizes the international media for the lack of comprehensive debates, which includes public discourse.


Source: [telesur]

Conservatives who voted against advancing a “Fast Track” trade deal got a lecture from House Speaker John Boehner, who warned them that he endorses the punishment that has been handed down to some of them.

In a closed-door weekly Republican conference meeting Wednesday, the Ohio Republican told rank-and-file members that he supports a move to strip Rep. Mark Meadows of his Oversight subcommittee chairmanship.

House Oversight and Government Reform Committee Chairman Jason Chaffetz, R-Utah, carried out the action against Meadows, removing him from his post as chairman of the Oversight subcommittee on government operations.

Boehner signaled he has no plans ease up on lawmakers who stray on key votes. “We have a majority and when it comes to procedural votes in the House, the majority has to stick together and vote for those procedural motions,” he said.

Just last week Boehner (R-Ohio) and House Majority Whip Steve Scalise (R-La.) took swift retribution against House members who dared to break ranks with “the team” on a rule vote for Trade Promotion Authority (Fast Track). On Monday, June 15, Scalise booted GOP Reps. Cynthia Lummis (Wyo.), Steve Pearce (N.M.) and Trent Franks (Ariz.) — all members of the House Freedom Caucus (HFC) — from the whip team.

Full Story @ [Washington Examiner]

WASHINGTON — The Senate on Wednesday gave final approval to legislation (TPA) granting President Obama enhanced power to negotiate major trade agreements with Asia and Europe, sending the president’s biggest end-of-term legislative priority to the White House for his signature.

The vote was 60 to 38.

Senators then approved legislation assisting workers dislocated by international trade accords, attaching it to a popular African trade measure that will go to the House on Thursday for a final vote. House Democrats signaled they would support the worker-assistance measure, which they voted down two weeks ago in a tactical bid to derail the trade authority bill.

The burst of legislative action secured a hard-fought victory for Obama and the Republican congressional leadership. It kept on track an ambitious agenda to complete a broad trade agreement joining 12 countries — from Canada and Chile to Australia and Japan — into a web of rules governing trans-Pacific commerce. Negotiators will also move forward on an accord with Europe, knowing any agreement over the next six years will be subject to a straight up-or-down vote, but cannot be amended or filibustered in Congress.

Final passage does not guarantee the president’s completion of the more imminent Trans-Pacific Partnership, seen as a central element of the White House’s strategic shift toward Asia. Negotiations with Europe over the Transatlantic Trade and Investment Partnership have further to go.

Source: [The New York Times]

Obama’s secret trade deals greatly favors big banks. Brown says, “It looks to me the banking system is in control. That’s where all the big money comes from, and that’s where the two big parties got their money. It’s been this way ever since Rockefeller and Morgan back then in 1900—the Democrats and the Republicans. Brown goes on to say, “The goal here is “they” want to own everything and rent it back to us. So, law is no longer a way to protect the people. Law is now to protect the corporations and serve the corporations.”

Rule of law only exists when reaching for average Joe’s wallet or plain Jane’s purse.