TPP exposed; Federal Reserve exposed by insider

Over The Past Six Months (to 1-31-14), Network Evening News Shows Have Completely Ignored The TPP. A Media Matters transcript search of CBS Evening News with Scott Pelly, ABC’s World News with Diane Sawyer, andNBC Nightly News with Brian Williams from August 1, 2013 through January 31, 2014 found no mention of the Trans-Pacific Partnership. TPP received one mention on PBS’ Newshour, when Doug Paal of the Carnegie Endowment for International Peace argued that approving the TPP would improve relations with Asian nations.
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6-2-13   WASHINGTON — THE Obama administration has often stated its commitment to open government. So why is it keeping such tight wraps on the contents of the Trans-Pacific Partnership, the most significant international commercial agreement since the creation of the World Trade Organization in 1995?
The agreement, under negotiation since 2008, would set new rules for everything from food safety and financial markets to medicine prices and Internet freedom. It would include at least 12 of the countries bordering the Pacific and be open for more to join. President Obama has said he wants to sign it by October.
Although Congress has exclusive constitutional authority to set the terms of trade, so far the executive branch has managed to resist repeated requests by members of Congress to see the text of the draft agreement and has denied requests from members to attend negotiations as observers — reversing past practice.  http://www.nytimes.com/2013/06/03/opinion/obamas-covert-trade-deal.html
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Now, as Maira Sutton at the Electronic Frontier Foundation (EFF) notes, the New York Times editorial board has endorsed the TPP. While the editorial acknowledges that some are “worried about provisions on intellectual property that could restrict the availability of generic medicines and grant longer copyright protections to big media companies,” it nevertheless argues that a “good deal” would “not only help individual countries but set an example for global trade talks.”  http://www.washingtonpost.com/blogs/the-switch/wp/2013/11/08/the-new-york-times-endorsed-a-secretive-trade-agreement-that-the-public-cant-read/
NOVEMBER 7, 2013 | BY MAIRA SUTTON
 

How Can the New York Times Endorse an Agreement the Public Can’t Read?

 
 
The New York Times’ editorial board has made a disappointing endorsement of the Trans-Pacific Partnership (TPP), even as the actual text of the agreement remains secret. That raises two distressing possibilities: either in an act of extraordinary subservience, the Times has endorsed an agreement that neither the public nor its editors have the ability to read. Or, in an act of extraordinary cowardice, it has obtained a copy of the secret text and hasn’t yet fulfilled its duty to the public interest to publish it.  https://www.eff.org/deeplinks/2013/11/how-can-nytimes-endorse-agreement-public-cant-read
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Published on Nov 11, 2013
 
Abby Martin talks about the New York Times’ bizarre endorsement of the Trans Pacific Partnership, a multi-nation trade deal that is being negotiated by corporations behind closed doors and kept secret from the public.  at http://www.youtube.com
    
 
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“It’s time for the administration to cut some deals, crack some heads and open up those Asian markets.”
 
For whom?  Keller (former Executive Editor at NYT) doesn’t say. Though it seems as though he believes, counter to all available evidence, that free trade deals are beneficial to the American people. Tell that to Detroit.
But more to the point, does Keller know something we don’t? Does he have access to secret documents that even members of Congress can not get a hold of? If this plan is beneficial why not allow an open debate in the free market of ideas? Keller doesn’t say.
What Mr. Keller may not know is that TPP is not just an effort to “open up those Asian markets”, it is much more that. TPP seems actually to be a quiet coup that would suck power out of democratically accountable institutions and hand that power over to corporate tribunals. Tribunals that will be able to overrule and sanction sovereign governments.
Mr. Keller and the liberal establishment with whom he identifies and for whom he often apologizes for should be more concerned with salvaging the independence of the United States of America than a termed out presidency.   http://news.firedoglake.com/2013/11/12/bill-keller-advises-obama-to-crack-some-heads-to-pass-tpp/
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When Even Bloomberg Is Saying The TPP Is A Dangerous ‘Corporatist Power Grab’ That Everyone Should Avoid…

from the put-it-out-of-it’s-misery dept    12-20-13

For years now, we’ve been arguing about the dangers of the TPP agreement, how it’s nothing more than the USTR teaming up with giant legacy companies to create a secretive massive corporatist, crony capitalist attack on the public, on innovation and on the economy. As the agreement moves closer to completion, it appears that others are noticing the same thing. Incredibly, while the NY Times has columnists endorsing the agreement, Bloomberg News, a publication that sometimes seems so beholden to promoting blind corporate power over all else that it recently censored itself to avoid losing business deals, now has a columnist flat out calling the TPP an ugly secretive “corporatist power grab” that pretty much all countries should avoid.  https://www.techdirt.com/articles/20131219/23292325642/when-even-bloomberg-is-saying-tpp-is-dangerous-corporatist-power-grab-that-everyone-should-avoid.shtml
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1-2-14  The TPP has been under negotiation for nearly a decade, but is only now coming close to being voted on by Congress. An end of the year deadline for a final version of the TPP has passed.
Despite the fact that Congress will vote on the deal, Congressman DeFazio says the TPP secrecy extends even to Senate and House members. He says in order to view what’s in the TPP document he would have to make a special appointment, with no staff present, not take notes and then not talk about what he saw. He says he did not look at the document and instead has reviewed the leaked portions. According to memos about the TPP leaked in December, the agreement would give new political powers to corporations, increase the cost of prescription medications and restrict bank regulation. It would possibly outlaw his proposed Wall Street transaction tax, DeFazio says.
A chapter of the TPP on intellectual property released by WikiLeaks in November, shortly before the TPP talks in Salt Lake City, contained wording that according to the Electronic Frontier Foundation, “carries draconian copyright enforcement provisions that threaten users’ rights and could stifle innovation well into the 21st century.”  http://www.eugeneweekly.com/20140102/news-briefs/secretive-trans-pacific-partnership-revealed
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1-15-14  WASHINGTON — The Obama administration is retreating from previous demands of strong international environmental protections in order to reach agreement on a sweeping Pacific trade deal that is a pillar of President Obama’s strategic shift to Asia, according to documents obtained by WikiLeaks, environmentalists and people close to the contentious trade talks.
The negotiations over the Trans-Pacific Partnership, which would be one of the world’s biggest trade agreements, have exposed deep rifts over environmental policy between the United States and 11 other Pacific Rim nations. As it stands now, the documents, viewed by The New York Times, show that the disputes could undo key global environmental protections.
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1-16-14  You need to know this. We already knew that the Trans Pacific Partnership is a threat to our jobs, our civil rights, and our national sovereignty, and now we know it’s also a danger to our environment.On Wednesday, Wikileaks published a leaked version of the environmental chapter of the TPP, and it’s just another example of putting corporate power ahead of public interest. In their review of this chapter, Wikileaks said that the section is “a toothless public relations exercise” that lacks “mandated clauses or meaningful enforcement measures.” Because mega-corporations took part in negotiating the deal, the purpose of environmental chapter is first and foremost to protect trade, not our environment. It relies on so-called corporate accountability, and emphasizes “flexible, voluntary mechanisms, such as voluntary auditing and reporting, market-based incentives, voluntary sharing of information and expertise.” Because – you know – corporate self-regulation has worked out so well for us in the past. This chapter does nothing to mandate that our environment is protected from the destructive nature of corporate greed, and nothing to punish trading partners or corporations who violate environmental standards. Just like the other leaked sections of the TPP, the environmental chapter alone should be enough to make our lawmakers reject this deal. Instead, they’re pushing forward, trying to take away Congress members’ right to debate it, and keeping Americans in the dark about negotiations. For the sake of our jobs, our civil rights, our national sovereignty, and now also our environment, we must demand that our legislators reject the TPP.  http://truth-out.org/news/item/21280-on-the-news-with-thom-hartmann-the-tpp-is-a-threat-to-the-environment-and-more
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If successful, the TPP agreement would eliminate most remaining tariffs on nearly $2 trillion in goods and services exchanged between the United States, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.
 
The TPP negotiations, which in the United States pit international corporations against organized labor, would go far beyond lowering tariffs, with provisions requiring countries to maintain compatible regulatory regimes, facilitate corporate financial transactions, establish copyright and patent protections to govern intellectual property rights and to safeguard foreign investors.  http://www.nytimes.com/2014/02/05/opinion/edsall-free-trade-disagreement.html
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2-8-14  Organiser Ariana Paretutanganui-Tamati believes there’s a lot at risk.
“We’re calling on them to halt negotiations because there’s nothing in it that will benefit the ordinary New Zealander. It’s only the smaller one percent and transnational corporations.”
She believes they’re all under threat from the TPP agreement.
“Gives unlimited powers to corporations to come over here and assert their dominance and control of the New Zealand economy and our laws so we’re very concerned about this.”  http://www.newstalkzb.co.nz/auckland/news/regwn/714817553-tpp-deal-opposition-take-to-the-streets
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2-17-14    now prominent Democratic leaders in both the Senate and House are opposing giving the Obama Administration fast track trade authority for the controversial agreements.
The deals are extremely unpopular among the Democratic Party base due to their design to bypass sovereign governments in order to promote a corporate agenda that includes re-deregulating Wall Street, shredding labor and environmental protections, and destroying internet freedom to protect copyright privileges. http://news.firedoglake.com/2014/02/17/senator-durbin-joins-call-to-stop-tpp-fast-track/
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The Federal Reserve’s massive subsidy to Wall Street known as “quantitative easing” or QE, was controversial from the beginning. Many have opposed the program for a variety of reasons from inflation fears to the fact that the program is socialism for the rich – giving hundreds of billions dollars to the 1% and giving nothing but debts to the 99%. The program has achieved little for the overall economy but has re-inflated assets in the financial markets. Assets held overwhelmingly by the wealthy families and commercial banks the Fed serves.
But the critics of QE have usually been outsiders, until now.
Andrew Huszar, a former Federal Reserve official, has decided to come clean on the disastrous QE program in the pages of the Wall Street Journal.
I can only say: I’m sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the Fed’s first plunge into the bond-buying experiment known as quantitative easing. The central bank continues to spin QE as a tool for helping Main Street. But I’ve come to recognize the program for what it really is: the greatest backdoor Wall Street bailout of all time.   http://news.firedoglake.com/2013/11/12/former-fed-reserve-official-comes-clean-on-qe-apologizes-to-america/
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the problem with TPP and its clone-programs is:  the central bankers of the world
(which started a bit before J. P. Morgan and his cabal got the Federal Reserve up in 1913)
run upon monopoly, secrecy, immunity from prosecution, lies/spin, character assassination, and so forth.   -r

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Tue, 02/18/2014 Jack Napier

US Treasuries bought by Belgium. Bank of Belgium receives money from ECB. ECB receives money from Fed via dollar swap lines. Fed creates more Treasuries.
Headlines read – Fed not monetizing their own debt!
http://www.zerohedge.com/news/2014-02-18/china-sells-second-largest-amount-us-treasurys-december-and-guess-who-comes-rescue
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2-18-14 Republicans overwhelmingly oppose giving fast-track authority to the president (8% in favor, 87% opposed), as do independents (20%-66%), while a narrow majority (52%) of Democrats are in favor (35% opposed)….
•American voters overwhelmingly expect TPP to be a good deal for large corporations: 72% say it will help these corporations and just 17% say it will hurt them.
•However, voters have the opposite expectation when it comes to a vastly more popular institution: America’s small businesses. Just 24% feel that TPP would help small firms, while 64% think TPP will mostly hurt small businesses.
•Significantly, voters in small business households (in which a voter either owns or works for a small business) believe that TPP will harm small firms: 61% say they expect TPP to hurt more than help small businesses.
These findings reveal why the administration is treating the TransPacific Partnership as a state secret: they understand the American people would oppose it if they knew what’s in it. But even spin and secrecy can’t save TPP from the voters’ wrath. Americans know from experience that these so-called free trade deals aren’t free and aren’t about trade: they are a rigged game that hurts the little guy and helps Wall Street bailout banks and corporatist insiders who grow fat at the trough of big government.
The special interests will never give up. They will try to ram fast track through Congress, if not today, then tomorrow, and if not tomorrow, then after the November elections. http://www.huffingtonpost.com/curtis-ellis/conservatives-also-oppose_b_4800629.html
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2-18-14 According to leaked excerpts of the TPP and remarks from experts following the news closely, though, it’s believed that the arrangement would allow corporations to oppose foreign laws while at the same time limiting the abilities for governments to regulate those entities. http://rt.com/usa/tpp-fang-big-banks-577/
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2-18-14
The investment chapter of the deal seeks to give corporations a wide range of investor rights and provide them with access to a system of international arbitration tribunals where they can have those rights enforced.
The presence of strong protections for corporations and weak protections for the environment is no coincidence either.
Unfortunately, these proposals for a parallel legal system for corporations embedded in the TPP are not just ideas floating on the horizon.
They are rather the extension of a system of corporate protections that has already been wreaking havoc for over 20 years – even though most members of the public have never heard of it.
Through the methodical construction of a web of bilateral and multilateral trade and investment agreements – now numbering several thousand – corporations have won concessions that would have been near impossible to win through an open democratic process.
These include the right of foreign investors to sue governments in international arbitration tribunals when public policies – like those designed to protect public health or the environment – or court decisions affect their investments.
Who has been the target of this system? Latin America, having spent two decades throwing off the yoke of the Washington Consensus and beginning to reclaim its economic sovereignty and control over its natural resources, has faced one attack after another. http://www.globalresearch.ca/the-tpp-power-to-the-corporations-at-the-expense-of-the-planet/5369188
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1-29-14
Corporate tribunals sanctioned by the deal would trump the sovereignty of U.S. courts, permitting corporations to sue any signing country for any perceived loss of profits due to laws or regulations they don’t like. Similar cases have previously been brought against sovereign countries by corporations under the banner of NAFTA.
Though Colorado Rep. Diana DeGette, and recently, Rep. Ed Perlmutter, have said they oppose Fast Track Trade Promotion Authority, none of the Colorado Congressional delegation has yet signed the DeLauro-Miller letter opposing Fast Track Trade Promotion Authority that would bypass congressional oversight of this far-reaching “trade agreement” that extends far beyond trade. http://www.huffingtonpost.com/michele-swenson/tpp-job-creation-corporate-power-grab_b_4684746.html

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