The Transpacific Pact and National Sovereignty
Last comment by theflyonthewall 10 months ago.

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The Transpacific Pact is essentially a twenty-first century version of the kind of international trade agreements first realized under NAFTA and that in itself should give us pause. Prior to the NAFTA agreement , the US ran a trade surplus with Mexico. After NAFTA, the US has enjoyed a trade deficit. Many products that could have been manufactured in the US are now manufactured in maquiladoras in Mexico which also serve as staging areas for illegals immigration into the US. The reason is simple: Mexicans working in factories across the border are paid a pittance. They know that they are being exploited and so factories near the border become not a means of improving the economy of Mexico and lessening the rate of illegal immigration but a means of facilitating illegal immigration. The treaty and similar treaties have put in place the the phenomenon described by Ross Perot as he warned us that we were about to hear the great sucking sound of jobs being sucked from the US economy.

The TPP is a pact and not a treaty or an agreement because if it were a treaty or an agreement ,it would pass under the purview of Congress and some of the provisions of the pact would see the light of day. The TPP is left entirely to multinatioal corporations. The provisions of the pact are being drafted by the multinationals and if the pact is implemented, trade disputed will be arbitrated in private tribunals. If put in place nations which are signatories to the pact will have essentially signed away the right to set environmental standards,, banking regulations, manufacturing standards --- all of the rights of sovereign nations. The pact takes what should be a normal function of government and hands it all to private interests. No longer will voters have any voice in matters that affect the commonweal. Fortunately, signs of international resistance are beginning to appear and members of both the left and the right have made common cause to fight what would be a body blow to our notions of what constitutes representative democracy.


Latest Activity: Dec 22, 2013 at 9:21 AM


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Bryant commented on Monday, Dec 23, 2013 at 14:51 PM

Things I learned which caused me to respond. Since I had no idea what the Transpacific Pact was and I had to dig.

The TPP is, "...a free trade agreement currently being negotiated by nine countries: The United States, Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, and Vietnam". Wikipedia

The TPP was first discussed by Pres. Obama in 2009.

The first negotiations were held in 2011 and covered in a fair amount of detail. "On November 12, 2011, the Leaders of the nine Trans-Pacific Partnership countries – Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, Vietnam, and the United States..."(USTR.gov)

Yep. Theres only nine countries involved in this plot to unravel our protections.

However, those nine countries (led by us, of course) pack a financial wallop. A quick rundown:

TPP market snapshot (including Australia)
GDP: US$28,136.0 billion (2012)
GDP per capita: US$35,488 (2012)
Population: 792.8 million (2012)
Trade with Australia: AU$214,224 million (2012)
TPP % of world GDP: 39.0% (2012)
TPP % of world population: 11.3% (2012)
TPP % of world trade: 25.8% (2012)
http://www.dfat.gov.au/fta/tpp/index....

I found many sites with references to SOPA and PIPA. So, I had to search some more and refresh my memories of those. (They bit the legislative big one in 2012). If you're interested, look it up.

Check out the USTR website and you can probably get enough information to make your own decision.

theflyonthewall commented on Monday, Dec 23, 2013 at 15:39 PM

The TPP does not included China ,but the rules set in place could easily be circumvented by reporting Chinese goods through Viet Nam, for example. US participation in this scheme is not benign because US companies have placed trade above the national interest. The pact if realized will result In yet another wealth transfer from the middle class and the poor to the wealthy.The Australians might see this pact as a benefit because they are quickly becoming economically dependent on China. Obama might see this as having some strategic value. In my opinion, the pact will further erode our already faltering economy.

theflyonthewall commented on Monday, Dec 23, 2013 at 15:41 PM

Sic reporting should be reexporting. More fumbles with the IPad.

Bryant commented on Tuesday, Dec 24, 2013 at 12:13 PM

Since Vietnam and China are historical enemies, I fail to see the entry of China into the mix as a likely development. And since the negotiations are secret as to thecontent of the discussions (the only disclosed -leaked- content I found related to intellectual property rights). I find little specific enough to get up in arms about.

theflyonthewall commented on Tuesday, Dec 24, 2013 at 14:05 PM

Bryant, China and Japan have been traditional enemies and yet they still trade. We will eventually fight with China and yet we trade with China. Go to the Public Citizen Web site and then make up your mind.

Bryant commented on Thursday, Dec 26, 2013 at 16:51 PM

Been there. Went to other sites. Suggest you do the same. P.S. I still have not made up my mind.

theflyonthewall commented on Thursday, Dec 26, 2013 at 17:41 PM

The fact that the only information available is leaked information should be a red flag.

Ironside commented on Thursday, Dec 26, 2013 at 20:26 PM

Just another example of this Administration underminding the future of our country. It does everything in secret.

theflyonthewall commented on Thursday, Dec 26, 2013 at 22:09 PM

I'll not defend Obama on this one.

Bryant commented on Friday, Dec 27, 2013 at 14:09 PM

OH my God!! It's a socialist plot by our Kenyan born pretender. I never knew.

theflyonthewall commented on Friday, Dec 27, 2013 at 16:04 PM

It's not a socialist plot ,but it is a plot of sorts. I would like Obama to remember that he is President and not a member of the chamber of commerce. We've had quite enough of the Reagan Revolution by now.


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