'Fast Track' To Nowhere: Congress Shouldn't Give Obama Power To Ram Through TPP

[brentspeak]

In short: the so-called "free trade" deals have made us and the next generation poor -- period.

http://www.forbes.com/sites/beltway/2014/12/16/fast-track-to-nowhere-congress-shouldnt-give-obama-power-to-ram-through-tpp/

'Fast Track' To Nowhere: Congress Shouldn't Give Obama Power To Ram Through TPP

Post written by Daniel DiMicco
12/16/2014 @ 9:30AM

Mr. DiMicco is chairman emeritus of Nucor Steel and a member of the board of the Coalition for a Prosperous America.

If the Trans-Pacific Partnership (TPP) trade and global governance agreement has any chance at passage, it will require the usual alliance of Wall Street Democrats and Wall Street Republicans. Disgruntled citizens voted to “throw the bums out” because they were not delivering jobs and prosperity. Yet there is a danger that President Obama and the Republican leadership did not get the message.

The Obama administration may soon be enabled by some in the GOP to pass the globalists’ biggest wish: “fast-track” trade authority on the road to the massively misguided Trans-Pacific Partnership.

It has made for titillating journalism to speculate on how these strange bedfellows will overcome opposition from blue collar Republicans and Democrats, and the fractiousness of the current Congress, to collaborate on further gutting America’s productive supply chains through unilateral trade disarmament and enablement of foreign mercantilism. The kumbaya trade agreement cheerleader crowd has convinced itself that 40 years of trade deficits don’t matter, even as the shrinkage of GDP growth has rendered the U.S. a dwindling superpower teetering on the brink of second class economy status.

snip

America became great by becoming an economic superpower. We innovated, we built supply chains based upon that innovation, we employed and paid people well, we created wealth, we built the first durable middle class in the world. That gave us cash to not only improve our standard of living, but also to build the world’s dominant military. We thus became the sole global superpower.