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Sunday, June 14, 2015

A Truth Journal: TPP Trade Deal: What Is It With Obamas Shady Controversial Trade Deal That Can Destroy The U. S. Economy?



President Obama delivers remarks on trade at Nike corporate headquarters in Beaverton, Ore., 12 May 2015.
Obama pressed Democrats to support his push for the TPP trade deal with Asian countries. Jonathan Ernst/Reuters

Updates follow post
A Truth Journal: TPP Trade Deal: What Is It With Obamas Shady Controversial Trade Deal That Can Destroy The U. S. Economy?: From Denny:  Well, it's certainly understandable why a lame duck President is so interested in acquiring somewhere to bank his legacy in the history books.  This 12-nation Trans-Pacific Partnership (TPP) trade deal is reported to corral a good 40 percent of the world's trade.  Sounds good, but is it really that good for America?  In most large trade deals it's the American worker that always loses out and it really doesn't do much to move the needle on the U. S. economy.  Most Democrats in Congress don't think so because of all this outrageous secrecy and insufficient worker protections.

President Obama has been far too secretive about this deal.  He has refused for Congress to even read it but demanded they vote upon it quickly.  Obama finally allowed the Senate to read it but did not allow them to publicly discuss it.  Has the House even read it?  Of course, Obama never wanted the press to get a hold of it because we would have torn it to bits, finding every hole in it that exposes the American worker to financial ruin...


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