Trans-Pacific Partnership Agreement: ‘A global race to the bottom’

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The TPP is “the largest—and worst—trade deal you’ve never heard of,” says a campaign on moveon.org. In other words, “Nafta on steroids”. You may not have heard of it because the negotiations are all being done in secret. Perhaps even over a round of golf?

Incidentally, Robert Reich in the video above is “an American political economist, professor, author, and political commentator. He served in the administrations of Presidents Gerald Ford and Jimmy Carter and was Secretary of Labor under President Bill Clinton from 1993 to 1997” (Wikipedia).

It is time we demand transparency and accountability. Our national economy, domestic businesses and workers’ rights are at stake.

Don’t wait till it is too late. Nothing much is being said in the media, but the impact of TPPA on the economy could be far-reaching.

Thanks to blog reader Michael for highlighting this video.

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7 Comments on "Trans-Pacific Partnership Agreement: ‘A global race to the bottom’"

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David Loman
David Loman

Hilary Clinton says she’ll kill TPP deal she helped Obama negotiate
http://www.washingtontimes.com/news/2016/aug/11/hillary-clinton-says-shell-kill-tpp/

glissantia
glissantia
In TPP and TAP (its Atlantic equivalent), even for legislators are denied any information on the talks. Yet, hundreds of advisors from major businesses are involved. Many including Martin Khor have written on it. To date, such treaties have been detrimental to the public of every country involved. A self-appointed, pseudo-legal council called International Centre for Settlement of Investment Disputes, in which the lawyers and judges keep exchanging their roles, will control the planet. Governmental protection rights, local expertise, safety or sustainability (including the environment) – will require paying huge penalties for reducing some imagined profit for an elite business.… Read more »
Don Anamalai
Don Anamalai

To most average Malaysians, TPPA is not a threat to them but GST is an immediate one.
Currently there are many media campaign to attribute the price hike to the irresponsible traders, targeting the Chinese traders for maximum impact on the intended malay audience..
The authority hopes to shift attention from the impending inflation with GST less than 2 months away while Ringgit is continuing its free fall.
The fact that Ismail Sabri is not reprimanded by the 1PM leads to suspicion that it is a planned event towards the same objective?

gk ong
gk ong

Rakyat to be hit by GST in less than 2 months while purchasing power has been further reduced by shrinking Ringgit. So no need to worry about TPP when Umno’s Ismail Sabri told Malays to boycott chinese traders who did not reduce price when petrol price has gone down? A diversion tactics to sidetrack Malays from GST? He should have asked Tenaga to reduce electricity tariff, or bus companies (eg. Mara Express) and KTM to reduce fares! After McDonald’s and Old Town, will KFC be the next one Malays should boycott? 1Malaysia is dead, RIP?

Gin
Gin

Agree fully!

meera
meera

TPPA is a distant problem when barang naik is a real concern with inflation looming due to GST. Before you ask traders to reduce price, BN government must first ensure that the following cost of business is reduced in tandem with plummeting oil price:
1) Transportation – bus fare for rakyat, logistic cost for businessmen
2) Electricity
3) Postage (POS Malaysia is owned by a malay tycoon!)

Xavier
Xavier

Very true. Why Ismail did not pressure Tenaga to reduce tariff?

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