The Democrats have officially become the crony capitalist party. Obama and Hillary’s TPP is out, and those Democrats who still care about working Americans are pissed.
A Democrat Congressman is blasting the Trans-Pacific Partnership (TPP) trade deal — which impacts 40 percent of the world economy, consists of 12 countries and was made public on Thursday — saying it includes “exclusions up the wazoo.”
“The text that I’ve read so far includes annexes and exclusions up the wazoo,” Rep. Bill Pascrell (D-NJ) told Politico. “You think you’ve seen it all? You have not. Exclusions to rules by each country. Bilateral deals with Japan, and more than 50 two-way side letters.”
Politico reports aspects of the deal that reveal certain countries were given exceptions. For example, “how Peru can continue to limit performances by foreign circuses or that Chile can still ban foreigners as security guards.”
“The exceptions, laid out in multiple annexes and embedded in various chapters of the 1,000-plus page Trans-Pacific Partnership agreement, range from these obscure provisions to controversial measures that could make it harder for U.S. businesses to compete overseas — and not incidentally, cost congressional votes where there might be no margin for error for passage,” noted Politico.
This creates an opportunity for Republicans to set themselves apart. There’s free trade and there’s whatever this is. The bill is so bad that Hillary has tried to distance herself from it, and unions are considering endorsing Trump. It’s hard to see the Democrats pulling off many victories if they continue to disregard moderate working class people. The GOP should take note.
AAN Staff
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