• Obama signs pact, but Congress yet to ratify.
By Mark Anderson —
In Auckland, New Zealand, safely away from his home turf, President Barack Hussein Obama joined the leaders of 11 other nations and affixed his signature to the Trans-Pacific Partnership (TPP)—amid some 40 protests across the world against this free trade and corporation-banker protection scheme. Yet, despite the smug smiles of the signers, Congress and the legislatures of the other nations have not given final approval to the scheme.
Protests took place outside the White House and at other locales in the United States, Canada, and abroad. The New Zealand protest alone saw thousands of participants. Things got so heated that a woman, shouting “that’s for raping our country,” threw a lewd object at New Zealand Economic Development Minister Steven Joyce, hitting him squarely in the face. On February 26 in Lima, Peru, clashes erupted between protesters and police after thousands of Peruvians took to the streets to denounce the TPP.
Signing the TPP February 4 at Sky City Casino in New Zealand gave a new dimension to the phrase, “the house always wins,” since it’s not beyond the pale to say that the “House of Rothschild,” the super-rich Zionist family whose powers are concentrated in the City of London financial district and extend to the Federal Reserve System and across the world, will be a beneficiary to a treaty that encompasses about 40% of world trade.
The TPP impacts 800 million people in the U.S., Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.
The pact, negotiated in virtual secrecy for more than five years, calls for Investor-State Dispute Settlement (ISDS) courts—private tribunals outside the normal legal confines of governments—which could enable unjust rulings against national laws merely if such rules impinge on corporate profits.
National laws sometimes result in unfair or excessive costs, but recall that in the ISDS tribunals—shown by Senator Elizabeth Ann Warren (D-Mass.) to be highly biased toward corporate entities—a nation’s rules, for example, against importing genetically altered foods could be overruled, even when the regulations are enforced to genuinely protect public health.
What matters most at this highly critical juncture is when Congress will vote to ratify the TPP, since the signature of Obama in New Zealand simply signaled the full closure of TPP talks.
Congress last year gave the president fast track trade promotion authority to finalize the TPP treaty’s negotiations unilaterally, though Congress did provide written negotiation guidelines. Unavoidably, the battle in Congress will be brutal for TPP ratification, since in giving Obama those fast track powers, Congress agreed not to enact any TPP amendments and to limit itself to what will be a dramatic, final up-or-down vote.
While the timing of congressional action was not yet confirmed at press time, U.S. Trade Representative Michael B. Froman is fretting that Congress must act very soon, lest the Sun refuse to shine and the oceans evaporate.
Critics maintain the TPP will even surpass the North American Free Trade Agreement in severely depleting the U.S. economy. However, the core problem is not economics per se, since the TPP actually represents a whole new degree of economic integration—pooling economic activity toward global consolidation and inevitably reconfiguring the way the world is (undemocratically) governed.
Private governance with private courts, abetted by the Asia-oriented Trilateral Commission, the Eurocentric Bilderberg group and other shadowy panels who are also molding a trans-Atlantic trade pact, is peaking. Start your calls, letters and faxes to Congress in Washington and to local offices today. The switchboard number in D.C. is: 202-224-3121 or 202-225-3121.
Mark Anderson covers the annual Bilderberg meetings and is chairman of AFP’s new America First Action Committee, designed to involve AFP readers in focusing intensely on Congress to enact key changes, including monetary reform and a pullback of the warfare state. He and his wife Angie often work together on news projects.