Tag Archives: trade agreements

WikiLeaks Strikes Again: Leaked TISA Docs Expose Corporate Plan For Reshaping Global Economy

Leaked Docs reveal that little-known corporate treaty poised to privatize and deregulate public services across globe

By Sarah Lazare, staff writer for Common Dreams. Published June 3, 2015

"It’s a dark day for democracy when we are dependent on leaks like this for the general public to be informed of the radical restructuring of regulatory frameworks that our governments are proposing," said Nick Dearden, director of Global Justice Now. (Image created by Common Dreams)

“It’s a dark day for democracy when we are dependent on leaks like this for the general public to be informed of the radical restructuring of regulatory frameworks that our governments are proposing,” said Nick Dearden, director of Global Justice Now. (Image created by Common Dreams)

An enormous corporate-friendly treaty that many people haven’t heard of was thrust into the public limelight Wednesday when famed publisher of government and corporate secrets, WikiLeaks, released 17 documents from closed-door negotiations between countries that together comprise two-thirds of the word’s economy.

Analysts warn that preliminary review shows that the pact, known as the Trade in Services Agreement (TISA), is aimed at further privatizing and deregulating vital services, from transportation to healthcare, with a potentially devastating impact for people of the countries involved in the deal, and the world more broadly. Continue reading

Share Button

Is US Trade Rep a Wall Street Crony? Groups Demand Transparency.

Public interest watchdogs say Americans deserve to know what US top trade negotiator Michael Froman ‘has been privately saying to big banks’

By Deirdre Fulton, staff writer for Common Dreams. Published May 28, 2015

US Trade Representative Michael Froman, the groups note, “received a more than $4 million golden parachute from Citigroup upon leaving the large financial institution to join the Obama administration in 2009.” (Photo: US Institute of Peace/flickr/cc)

Noting deep ties between the country’s top trade negotiator and Wall Street banks, ten groups representing millions of Americans are calling on the White House to make public all communications between U.S. Trade Representative Michael Froman and the massive financial institutions that stand to benefit from proposed trade deals.

In a letter (pdf) addressed to Froman—lead champion of President Barack Obama’s corporate-friendly trade agenda—groups including National People’s Action, Public Citizen, Friends of the Earth, and CREDO Action request “the prompt, voluntary, and proactive disclosure of all records of communication between yourself and representatives of the ten largest U.S. financial institutions—including lobbyists, employees, and trade associations—during your tenure as U.S. Trade Representative.”

Those financial institutions include JP Morgan Chase & Co., Bank of America, Wells Fargo, Goldman Sachs, and Citigroup. Continue reading

Share Button

Who Are They Supposed To Represent?

One of the worst kept, and at the same time best kept, secrets in Washington over the last few years has been the negotiations over the Trans Pacific Partnership, commonly referred to as TPP. If you’ve been following what we discuss, the TPP should be very familiar to you by now; it’s one of our favorite subjects to write about.

Trade Ministers from TPP meeting in Vladivostok. Photo by East Asia and Pacific Media Hub U.S. Department of State [Public domain], via Wikimedia Commons

Trade Ministers from TPP meeting in Vladivostok. Photo by East Asia and Pacific Media Hub U.S. Department of State [Public domain], via Wikimedia Commons

We’ve discussed ad nauseum the secrecy that the Obama administration has enshrouded the negotiations with. However, on Monday The Huffington Post ran a story that puts all the other attempts at hiding the details of the TPP from the public to shame. It goes like this: Continue reading

Share Button

Tough to swallow: TTIP’s threat to our food and farming

For the sake of our food and its impact on our environment, TTIP needs to be stopped.

Written by Magda Stoczkiewicz. Published February 26, 2015 in OpenDemocracy.

TTIP protest in London, July 2014. Photo by World Developement Movment  [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

TTIP protest in London, July 2014. Photo by World Development Movement [CC BY 2.0], via Wikimedia Commons

For a decade, dozens of trade deals have been negotiated, signed and implemented without garnering much public attention in Europe. So what is it about the EU-US trade deal, currently being hammered out, that has caused such an outcry?

The opposition to the Transatlantic Trade and Investment Partnership, or TTIP, has surprised many. 50,000 marched in protest on a cold winter’s morning in Berlin. Municipalities across France have declared themselves “TTIP-free”. The Slovak Food Chamber demanded that food and farming be excluded from any deal. Nearly 1.5 million people have signed a petition to have the negotiations stopped.

Environmental, social and labour groups across Europe – Friends of the Earth Europe included – are outraged and actively campaigning. Continue reading

Share Button

To Counter Rise of Oligarchy, Sanders Pitches Progressive Economic Vision

By Jon Queally, Common Dreams Staff Writer

In a speech on the Senate floor on Tuesday morning, Sen. Bernie Sanders (I-Vt.) introduced his vision for a progressive economic agenda that he says could restore shared prosperity, reinvigorate the middle class, and mitigate a host of social crises that stem from the current system that has created great wealth for a select few while systematically eroding the quality of life for the many.

“Are we prepared to take on the enormous economic and political power of the billionaire class or do we continue to slide into economic and political oligarchy?” —Sen. Bernie Sanders (I-Vt.)

Detailing twelve economic areas that need immediate attention and major overhauls, Sanders indicated his plan is  driven by the need to re-establish the status of the middle class as the key indicator of overall economic health.

Continue reading

Share Button

US/India WTO Agreement: How Corporate Greed Trumps Needs of World’s Poor and Hungry

Published on Friday, November 14, 2014 by Common Dreams
by Andrea Germanos, staff writer

The United States cheered on Thursday an agreement it reached with India as progress for the World Trade Organization (WTO). Critics, however, say deal is likely a win for corporations and economic loss for developing countries.

A fact sheet from the U.S. Trade Representative explains that there are two parts to the deal that broke what had been an impasse over agreements from Ministerial meeting last year in Bali. The first is that the two countries stated they would move forward on the Trade Facilitation Agreement (TFA)—the WTO’s first multilateral trade agreement of the body’s two-decade existence. The second is an agreement on India’s food security program, which allows for domestic “food stockpiling.”

Photo by Ansuman (Own work) [GFDL or CC-BY-SA-3.0] via Wikimedia Commons

Photo by Ansuman (Own work) [GFDL or CC-BY-SA-3.0] via Wikimedia Commons

Continue reading

Share Button

Employment for fun and profit

By Gretschman for Occupy World Writes

Photo By Eberhard Petzold, http://www.foto-dock.com [CC-BY-SA-3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons

Photo By Eberhard Petzold, http://www.foto-dock.com [CC-BY-SA-3.0], via Wikimedia Commons

Long term unemployment is at its highest level in the United States since World War II. At the time of this post being written, the prospect for any governmental intervention to help the long term unemployed gain any further benefits is stalled in Washington. The gridlock in Washington is an emblematic symbol of the inability of our government to do much meaningful to help the 99%.

How do we create an economy the provides good paying long term jobs for everyone  willing and able to work? Not by shipping our manufacturing jobs overseas along with the empty containers and debt that comes with buying those goods from the nations who NOW manufacture the goods that we used to produce here. Not by signing another trade agreement that will allow more jobs to be sent to the countries who still have no viable laws against child labor. Not by buying the goods that are produced in countries that have tariffs against IMPORTS and provide subsidies that further allow them to undermine anything that may be construed as fair trade. Not by further deregulating our commodities and allowing speculators to drive up the prices of these commodities by 30% for the simple purpose of lining the pockets of the speculators themselves.

We can no longer listen to the mantra that we are becoming a “service oriented nation” which appears to have been a cover to get us to pay no attention to the fact that our good paying manufacturing jobs were being sold for the convenience and bank accounts of the 1%.

We need to invest in OUR infrastructure, OUR education system, and OUR workers. We need to vote with our wallets. We need to DEMAND that the politicians we elect have a REAL plan for full employment – employment within our borders – not outside.

We can’t all ask each other “do you want fries with that?” if we want to prosper.

Share Button