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TTP, TTIP, TISA: Stop Obama’s Insane “Legacy” Trade Deals

Travellerev's avatarAotearoa: A Wider Perspective

By Eric Zeuse

President Obama has many times made clear to congressional Democrats that the most important thing in the “legacy” that he hopes to leave behind from his Presidency is his big-three ‘trade’ deals: TPP with Asia, TTIP with Europe, and TISA for international services including banking and insurance. 

It is, indeed, the most ambitious international economic agenda that has ever been pushed by any U.S. President. (It’s not about “trade”; it’s about transferring democratic national sovereignty to dictatorial corporate international sovereignty.) And the leading Democrat in the U.S. Senate, Harry Reid, has called it “insane,” because Bill Clinton’s much smaller but otherwise similar NAFTA (North American Free Trade Agreement) sent so many jobs abroad, and so hollowed-out the American economy, that it significantly caused the soaring economic inequality during the Bush-Obama years.

The first thing that Reid did to kill those ‘trade’ deals — while he…

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June 14, 2015 - Posted by | Uncategorized

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