Why Trans Pacific Partnership is a Bad Deal for America
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Show Summary: The Trans Pacific Partnership (TPP) trade deal is Obama’s final nail in America’s coffin. If you thought Obamacare and the Iran Deal were bad, you haven’t seen anything yet. In an explosive interview, we dive into why it’s bad and why our Congressmen vote for such atrocities. And not just why but who is supporting this? Plus, could one of the presidential candidates, who publicly says he’s against it, might actually be for it?
All Stations Stream Live!
11:00AM Saturday: KUIK (Portland) | KBKR (Baker City) | KLBM (La Grande)
7:00PM Sunday: KAJO (Grants Pass)
Air Dates: Apr. 16 & 17, 2016 | Crista Huff (former Morgan Stanley VP
One of the questions we consistently try to answer here on the I Spy Radio Show, is why. Why does a government agency do this or why does a politician do that? But uncovering “why” requires digging deeper into motivations and a lot times those motivations are hidden away, lurking in the shadows where you don’t know what happened behind closed doors or what’s been promised.
On this week’s show, we’re talking about the monstrosity better known as the TPP – the Trans Pacific Partnership. This is Obama’s magnum opus for weakening America. And it must be stopped. The TPP is a major trade deal involving 12 Pacific Rim nations, including the US, Canada, Mexico, Japan, Vietnam and others. China is not a signer, yet, because after the agreement is signed China can come in later through a back door. Why, do you ask? Oh, you’ll find out why.
Trans Pacific Partnership = Anti-American
It’s amazing that anyone who calls themselves an American is backing this agreement. Foremost it represents a stunning loss of U.S. sovereignty. But beyond that, common economic sense says this will harm the US economy–especially given that even its own supporters say it will result in only a 0.13% increase in the nation’s Gross Domestic Product by 2025. (See links, below, for citation.)
But even that less -than-rosy projection is based on the assumption of the U.S. being at full-employment. (How’s that worked out the last seven years?) So why take a huge gamble and throw our economy into upheaval for not even 1/50th of a percent increase per year over nine years?
It boggles the mind why would anyone in the U.S. support this. And not just why, but who is supporting this? Tune in to learn the answers, including whether one of the presidential candidates might be misrepresenting their position on the Trans Pacific Partnership. And find out why, if this goes through, it really could be the end of America as we know.
Links Mentioned During Show
- Crista Huff’s terrific website, Good Fellow, LLC. Be sure to check out her fantastic TPP blog page, frequently updated with the latest info
- Check out Crista on Kerry Lutz’s Financial Survival blogtalk podcast
- If you want to stop the TPP, CALL the Capitol Switchboard! (202) 224-3121. Ask to be transferred to your Congressman’s office and tell them you want them to vote no on the Trans-Pacific Partnership trade deal; do the same for both of your senators.
- The Chair of the House Ways and Means Committee is Rep. Kevin Brady (TX).
- Article via Drudge: New Balance publicly calls the TTP a bad deal (Apr 13, 2016)
- Robert Zoellick and The Trilateral Commission and Robert (via FreedomWorks’ SourceWatch)
Related Links
- A terrific infographic from The Washington Post on who’s influencing the U.S. trade advisory committees.
- From TPA to TPP – an explanation from Bloomberg News
- Economic Policy Institute: “Stop Currency Manipulation and Create Millions of Jobs”
- Laura Ingraham audio – interview with Ted Cruz on currency manipulation
- Fascinating article on Trump’s foreign policy (from the HuffPo no less) and it borrows a page right out of Reagan’s playbook
- Breitbart article explaining why Trump’s policy would create millions of American jobs
- Report: New trade pact will hurt US wages (CBS Money Watch, Sept. 2013)
- 10 Ways the TPP will hurt working American families (via Communications Workers of America)
- The choice is not between TPP and no trade (Lori Wallach, March 25, 2016)
- Ted and Heidi Cruz
We’re impressed with a number of articles from Center for Economic Policy Research (CEPR). Here are a few of them:
- We had Trade long before NAFTA
- On intellectual property rights: Think Trump’s 45 Percent Tariffs Are Bad? Try Obama’s 10,000 Percent Tariffs
- Find a list of great articles from CEPR on the TPP.
