Populist Reform of the Democratic Party

Faryn Balyncd

(5,125 posts)

21. "#8. Wall Street would benefit at the expense of everyone else. Under TPP, governments would be ....

Sun Jan 4, 2015, 12:40 PM

Jan 2015

"Number 8.

Wall Street would benefit at the expense of everyone else.

Under TPP, governments would be barred from imposing “capital controls” that have been
successfully used to avoid financial crises. These controls range from establishing a financial speculation tax to limiting the massive flows of speculative capital flowing into and out of countries responsible for the Asian financial crisis in the 1990s.

In other words, the TPP would expand the rights and power of the same Wall Street firms that nearly destroyed the world economy just five years ago and would create the conditions for more financial instability in the future...."

http://www.sanders.senate.gov/download/the-trans-pacific-trade-tpp-agreement-must-be-defeated?inline=file

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More Reasons to Tell Our President "No TPP" and "No Fast Track" [View all] rhett o rick Jan 2015 OP

K&R.... daleanime Jan 2015 #1

It's not enough to tell the President, or even Congress Demeter Jan 2015 #2

I agree, but the problem is, how do we do this? nm rhett o rick Jan 2015 #5

Writing good, enforceable laws and ENFORCING them! Demeter Jan 2015 #8

The problem is aspirant Jan 2015 #10

The best way to do that is to not buy their stuff. Boycotts work, starve the beast, take away sabrina 1 Jan 2015 #12

I'll drink to this... elzenmahn Jan 2015 #15

Exactly, focus on one at a time. Boycotts are probably the most effective means sabrina 1 Jan 2015 #19

Precisely because boycotts speak the one language these corporate behemoths understand... elzenmahn Jan 2015 #20

Absolutely. What I think should be done is speech not allowed on DU. Corporations have always jwirr Jan 2015 #16

ObamaTrade if you like your job, you can keep your job aspirant Jan 2015 #3

If we like our country, can we keep our country? Jackpine Radical Jan 2015 #4

That's why we invented war, you know Demeter Jan 2015 #6

Oh, yeah, I keep forgetting. Jackpine Radical Jan 2015 #7

War is about keeping, not saving Demeter Jan 2015 #9

Yes. jwirr Jan 2015 #17

This is the 'new war.' pangaia Jan 2015 #11

don't worry, we'll fix it later eom whereisjustice Jan 2015 #13

NAFTA "forced" American workers to compete with Mexican workers, but the sky has not fallen. Fred Sanders Jan 2015 #14

If I understand the TPP correctly the corporations that have businesses in Vietnam would then jwirr Jan 2015 #18

I would have to see some direct treaty language to answer that. Fred Sanders Jan 2015 #43

Doesn't mean they'd win, and I'll bet when language is released they'll be some Hoyt Jan 2015 #52

Are you supporting the TPP? Are you trying to convince us that it won't be so bad? rhett o rick Jan 2015 #22

I trust the President so of course I support him, I can see some positions opposing a free trade Fred Sanders Jan 2015 #32

This is way more than merely a "free trade agreement". What the President is asking is for us to rhett o rick Jan 2015 #33

No, the other wing does not support those things, silly to say so.....but it makes for better copy. Fred Sanders Jan 2015 #34

You claim the "other" wing doesn't support those issues but the facts indicate otherwise. rhett o rick Jan 2015 #35

Personal attack MannyGoldstein Jan 2015 #37

"Populist Reform" should encourage debate, not suppress it, and contextual abuse is what should not Fred Sanders Jan 2015 #41

This is not debate or discussion ... this is a personal attack. wavesofeuphoria Jan 2015 #55

Your condescending use of "lollipops" could perhaps be appropriate if you were referring to the Faryn Balyncd Jan 2015 #39

Your entire premise is in error. Fred Sanders Jan 2015 #42

Care to articulate? Faryn Balyncd Jan 2015 #49

This is not the place to promote NAFTA or the TPP demwing Jan 2015 #61

But that's not what trade deals do in terms of wages BrotherIvan Jan 2015 #23

Thanks for sharing the story of what truedelphi Jan 2015 #62

... Phlem Jan 2015 #26

ObamaTrade is not a Populist deal aspirant Jan 2015 #29

First off, NAFTA destroyed US jobs MannyGoldstein Jan 2015 #38

The jobless rate in America today is no worse than the historical average...."lost jobs" are as impossible Fred Sanders Jan 2015 #45

Are you claiming that no jobs were lost by moving manufacturing overseas? nm rhett o rick Jan 2015 #47

Please. What jobs were gained by America, .i.e. meat exports, heavy equipment, aircraft, etc., what was Fred Sanders Jan 2015 #48

Since you continue to provide your argument via questions, we have to guess at your actual rhett o rick Jan 2015 #50

Did you forget that your comment to me was one question? Fred Sanders Jan 2015 #53

And another side-step. I am not using questions to avoid stating my point. In fact rhett o rick Jan 2015 #56

you need to stop being blinded by purty numbers Skittles Jan 2015 #51

Yes, perhaps, "jackshit" does have a technical economic science definition...meaning to ignore jobs Fred Sanders Jan 2015 #54

For those that support the 1% and trickle-down, NAFTA is a huge success. rhett o rick Jan 2015 #57

Right, how can you be "forced" to compete with someone who has your old job? pa28 Jan 2015 #44

"the sky has not fallen" - true, for the 1% demwing Jan 2015 #59

"#8. Wall Street would benefit at the expense of everyone else. Under TPP, governments would be .... Faryn Balyncd Jan 2015 #21

Big Rec! BrotherIvan Jan 2015 #24

It's worse than ignorance. Ignorance can be treated with education. But many Americans rhett o rick Jan 2015 #31

worse than ignorance. If the president told them to give all their money to Jamie Doctor_J Jan 2015 #40

These fucking corporations and their paid off onecaliberal Jan 2015 #25

The kicker: "#10 The TPP has no expiration date, making it virtually impossible to repeal." Faryn Balyncd Jan 2015 #27

^^^ that onecaliberal Jan 2015 #28

kick rec Teamster Jeff Jan 2015 #30

Kicked and recommended! Every progressive DUer should recommend this OP! Enthusiast Jan 2015 #36

I cannot claim to understand all sadoldgirl Jan 2015 #46

Pin of the Week! demwing Jan 2015 #58

Thanks, it's certainly a hot topic. nm rhett o rick Jan 2015 #60

Not that it needs kicking, but I rec and kick this post. nt NYC_SKP Jan 2015 #63