Tag Archives: Investor State Dispute Settlement tribunals

Dean Baker – Election Results Indicate Huge Mandate for New Trade Pacts

http://www.truth-out.org/opinion/item/27337-election-results-indicate-huge-mandate-for-new-trade-pacts#
Apparently that is how the DC-insider crowd saw the elections last week. The elite media were filled with news and opinion pieces on how the election opened the door for the approval of the Trans-Pacific Partnership (TPP) and the Trans-Atlantic Trade and Investment Pact (TTIP). According to the purveyors of elite opinion this is one of the key areas on which the Republicans in Congress and President Obama can agree.

The turn of the leadership of both parties and the centers of elite opinion to these trade deals shows the incredible contempt they have for the general public and the political process. We just completed lengthy and expensive campaigns where they had ample opportunity to push the case for these deals. Instead we got panicky commercials highlighting everything from the Ebola threat to ISIS beheadings.

TPP and TTIP are everything that people hate about Washington. They are deals being crafted in secret by business interests for business interests. They are never going to be subject to any serious political debate involving the public at large. And the leaders of both political parties are in cahoots on the trade deals and the route for pushing them through Congress.