Everyone who testified at a Congressional hearing on the state of steel fingered bad trade as the culprit in the current collapse. As it is now, trade rules require Americans to forfeit a pound of flesh before trade enforcement can occur.
The Seattle City Council unanimously passed a resolution opposing Fast Track and expressing strong concern about the upcoming Trans-Pacific Partnership (TPP).
The American steel industry is getting hammered, and not by American-made Kentucky Bourbon. Steel companies are laying off, and closing plants due to low-cost foreign imports.
The New York Times story on the contents of a leaked chapter of the TPP showed that it’s as bad as many of us feared: It would let firms "sue" governments for loss of "expected future profits." Let that sink in.
Reports say the idea is to “sharpen differences” among liberals and blacks. This naturally leaves progressives asking if it is really “progressive” to try to divide “liberals” and “blacks?”
A New York Times op-ed calls for killing the Export-Import Bank because it helps American companies compete globally. A Times story reports that the anti-government Koch brothers network is behind the campaign.
Seattle's city council is preparing to vote on a resolution opposing fast track trade authority, and a number of organizations sent an open letter spelling out what an acceptable fast-track process would do.
Another reason to oppose fast-tracking the Trans-Pacific Partnership: The struggle in towns like Ferguson, Mo., to overcome racial and economic barriers is hard enough without another wrong-headed trade pact.
The title of the segment was “TPP Tradenado” and the topic was trade, the Trans-Pacific Partnership (TPP), fast-track trade authority and a new AstroTurf campaign supposedly from "progressives."
The AFL-CIO president's speech before the Peterson Institute of International Economics detailed his concerns regarding the Trans-Pacific Partnership and fast-track trade promotion authority legislation.
While the Trans-Pacific Partnership is still secret, leaks and precedent indicate that it will contain provisions allowing giant, multinational corporations to bypass our country’s legal system.
Krugman takes on the old trope that “protectionism” — democracies using tariffs to protect wages and regulations from being undermined by the lower costs that a thugocracy offers — harms the world’s economy.
A new PR campaign in support of Trade Promotion Authority a.k.a. “Fast Track” and the Trans-Pacific Partnership (TPP) is launching. As its foundation are a set of misleading (at best) claims beginning with a Four-Pinocchio whopper.
If people understood the trade deficit and the harm it does, they would demand that our politicians do something to fix it. And if that happened great things would happen for working people and our economy.
In the trade debate, proponents peddle distortions; opponents are dismissed as Luddites. The Congressional Progressive Caucus offers an alternative that serves the nation's interest, not the special interests.
Opponents of fast track and the Trans-Pacific Partnership are gaining momentum. In spite of a virtual media blackout, public awareness of and mobilization against the coming trade deal is increasing.
Why can't we have a trade debate worthy of the reality we face? Unprecedented trade deficits have undermined America's working families. We need a new strategy, not another dishonest and corrupted debate.
Eight senators let the country know there is going to be a fight over fast track trade authority and the Trans-Pacific Partnership. Sen. Bernie Sanders said, "Enough is enough. This country now is in a major race to the bottom."
All the talk about “trade” deals might seem complicated, with all the “TPP” and “TPA” and “FTA” and “TTIP” floating around. It doesn’t have to be difficult, though.
Supporters promise TPP will have protections that will prevent more jobs from being lost due to overseas trade. We've heard those promises before. Look carefully at the record and you'll know why you can't trust those promises now.
"Our faith traditions call for community participation" in the upcoming trade debate in order to "ensure all people have a meaningful opportunity to participate in the creation of good policies."
There will be a series of rallies across the United States this week and next week to oppose Fast Track legislation. On Thursday between 1-2 p.m. ET you can join the #FightFastTrack Twitter storm.
This presentation, "Deconstructing the Corporate Case for Fast Track, One Argument at a Time" – based on my recent post on the topic – will help you make the case against the Trans-Pacific Partnership.
In the House there was a "Currency 101" briefing describing the damage currency manipulation does to our economy. In the House and Senate bills were introduced to do something about that damage.
The following things would employ tons of people, and bring a long-term economic return far above any “cost.” Why don't we do them? Because the status quo benefits a few extremely wealthy people.
The U.S. has run huge trade deficits for decades since the "free trade" ideology came to dominate. The world's economy needs honestly, democratically and transparently negotiated trade agreements.
The promoters of fast track say we need “trade” agreements to open up markets and increase exports. But only part of the agreements are about trade. Here's what's underneath the corporate case for fast track.
USTR Michael Froman testified before the Senate Tuesday to push for Fast Track Trade Promotion Authority. Protesters disrupted the hearing.
Hundreds of trade, labor, environmental, health, communities of color, anti-GMO and food justice, anti-fracking, animal and other activists still showed up in the big blizzard to protest the secret trade agreement.
More than 40 top environmental and scientific groups are the latest to register to Congress their opposition to fast track trade authority. They want an open, transparent process that delivers benefits for working people.
Today is the national Call-in Day against fast track trade authority. Call Congress at (888) 804-8311 to say that we need better trade policies that will raise wages, protect our environment and keep corporations in check.
Fast Track is nothing more than Congress pulling a fast one on the American people. It’s a plan for lawmakers to abdicate their Constitutional responsibility to regulate international trade.
To sell a new trade pact, President Obama's State of the Union address is expected to feature a small business that increased its exports after we signed the South Korea free trade agreement. What is the real record?
If people come to understand and worry about the very real trade deficit, they will demand policies that are very good for regular, working people, and "Main Street" businesses that make or do things in America.
Losing $39 billion in a single month is a terrible, terrible, enormous, humongous tragedy for our country. It represents tremendous pressure on wages and jobs.
The news media has a virtual blackout on information about the Trans-Pacific Partnership and fast-track authority. This means it is up to you to get the word out to friends, family and others.
"Americans are deeply suspicious of trade deals negotiated in secret, with chief executives invited into the room while the workers whose jobs are on the line are locked outside."
The promised jobs and prosperity don't come through. Instead our trade agreements have cost us and have exacerbated inequality, which is a threat to our democracy.
The next big fight in Congress will be about getting the Trans-Pacific Partnership trade deal passed. What lessons can we learn from the way the "Citibank" provisions in the budget deal were pushed through?