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"Warren's amendment split Democrats, with Sen. Ron Wyden (D-Ore.) asking senators to vote "no" and suggesting ahead of the vote that Warren was trying to combat a problem that didn't exist.

"We have never lost an investment dispute case and never paid a dime in penalties. Here's our record: 17 cases, 17 victories," Wyden said.

The amendment likely would have undermined the ongoing talks with 11 Asia-Pacific nations. Obama defended ISDS's to reporters earlier this year, saying it can't "undo" American laws."

More..
http://thehill.com/blogs/floor-action/senate/243002-senate-rejects-warren-amendment#.VV_WE5t6wbA.twitter

I am so over Warren.

Thanks ucr!

That and the absence of currency manipulation regulations.

A certain Libertarian, Amazon.com, Jeff Bozos.

I wonder how much TPP would benefit him? Billions? Trillions? Capitalism is amazing!

Among the many:

The first question to ask is this. Who said we had to compete with one another for the same jobs in a global economic arena? Furthermore, before any discussion about free trade, we should define what it actually is and how it evolved. It did not evolve any natural economic fashion but was driven by powerful forces outside the will of the people.

Free trade is not trade as historically practiced and defined. It is more about dividing investments from production and moving production outside the country for the sake of cheaper labor costs. Our own Federal Government sponsored moving factories outside of the U.S. starting in 1956. It was the same year the Suez Canal Crisis exposed and international money crisis.

The program was supposed to be temporary to test a system where a few factories would be moved to Mexico for American consumers to enjoy lower prices on products. It never ended. Somewhere along the way, the process was labeled free trade. In the end millions of Americans lost their jobs and businesses. A new working poor class was created. The production workers middle class was destroyed. The value of labor and workers was degraded and deflated. This represents trillions of dollars in value lost forever. Also, the trade deficit which has broken records since 1994 represents trillions of more dollars lost forever.

Then President Obama took office and had to bail out the system to avoid an economic collapse. He borrowed trillions of dollars from the future for the bail out. However, he only bailed our the investment communities, big money interests, banks, Wall Street and the "too big to fail" corporations. He ignored the suffering of millions who lost their jobs and businesses due to free trade economics along with the "too small to save" businesses.

Why would anyone want to keep the failed free trade economic system going?

http://tapsearch.com/free-trade-economics http://tapsearch.com/flatworld
http://tapsearch.com/ray-tapajna-journal

has no idea what's going on. At last count it ran to 29 volumes of regulations.

...about exactly what's in it.

Start here:

Wed May 13, 2015: http://www.democraticunderground.com/10026670009

Fri Jan 30, 2015: http://www.democraticunderground.com/10026159076

Fri Jan 2, 2015: http://www.democraticunderground.com/10026034112

All we've gotten in drips and drabs are what's been leaked.

Answer: there is no TPP. Simple enough for you?

You are just excavating one fine rabbit hole, this morning!

Curious enough to click a link?

Anyway if you really don't know why there isn't a TPP yet try this one:

http://www.democraticunderground.com/10026649703

...for the TPP for awhile now.

Somehow, I'm still gonna stick with Sanders and Warren over you and William F. Buckley, on this one.

And those Mitch McConnell, et al.

but I avoid ad hominems so I won't. I advise the same.

Since that wouldn't be this one.

and even earlier when the term "comparative advantage" wasn't heard of, but people wanted Oriental spices, Egyptian cotton, and a whole host of things they didn't have locally.

It wasn't some government conspiracy that forced people to buy Toyotas or French cheeses.

..from India and China.

"We heard much of the same nonsense about NAFTA.

"Trade deals are good for rich white people."


Pretty succinct comment rebuttal there, too.

Sure, I could extol the virtues of just about anything if I were to just "leave out" all that is bad. Mussolini? Hey! The trains are running on time!!11!

nothing against actual pigs, btw, who are very smart, and generally brutalized by our food consumption system...

15 posts to the barnyard, congrats.

...I'm darn well, gonna avail myself of good barnyard metaphors to describe the process!

The "fail" is trying to pass off said pro-corporate points as "progressive"

at least that I can mention without a hide.

Jeff Bezos. I agree that killing the TPP would do little to bring factory jobs back to the U.S., so I find that argument largely irrelevant. What is not irrelevant is what we know about the I/P chapter (leaked draft) and that it imposes the American patent system on other countries, as well as including pieces of the hated failed SOPA legislation. Evergreening of drug patents is a despicable practice that will, without doubt, hamper the production of vital generic drugs for treatment of devastating diseases like AIDS, some cancers and Hepatitis B,

n/t

...is probably the most salient question to ask.

I voted for Obama four times and Kerry twice. Call me a satisfied customer.

n/t

Spend billions in research if they can't keep their patents long enough to recoup investments? Sure, it would be the noble thing to do, but corporations don't exist to be noble, they exist to make profit. And they make profit by investing billions into research to begin with.

Amazing. Simply amazing. They keep their patents plenty long and recoup their investment many times over.

our drugs if there were no corporations doing the research. I doubt individual self-styled progressives would get far themselves.

With that said, I do think there should be limits on how much, and how long, research costs can be recouped.

The incentive of profit is what drives research. Would you spend billions on research knowing everyone else will just take your product and claim it their own? Now if you want to argue for more govt research, I'm all for it.

Big Pharma for price gouging and too many "me-too" drugs, the simple fact is that countries like Italy that have denied drug patents and claim every pharmaceutical created in Italy to be generic, has not had one new drug invented there in the years since it passed that law.

Somewhere there must be a happy medium to maintain the profitability that allows research while stopping excessive profiteering.

Extending patents is reasonable just how? Do you know what evergreening is? Many experts consider the U.S. patent system to broken. Do we really want to export that system. Keeping corporations from exploiting people should be a function of government- not the government expanding corporate "rights" and power. It's about a reasonable balance. Nobility or the conspicuous lack thereof, notwithstanding. And yes, the TPP is set to export our patent laws.

ww.dailytech.com/US+Patent+System+is+Broken+Declares+Judge+in+Android+v+Apple+Cases/article25116.htm

http://en.wikipedia.org/wiki/Evergreening

day version of a two a day older med.

Well at least they don't make phony comments about increasing US wages or reducing income inequality here.

TPP is a dream of the 1% and the multinational corporations. For the rest of us, it's not good.

...working its way through the 1% echo chambers:

http://www.nationalreview.com/article/418668/how-tpp-would-help-americas-working-poor-jon-hartley

And just seeing the excerpts there shows a huge bias towards the TPP (totally ignoring the concerns) and is a virtual propaganda piece. I don't care if it's from a labor economist, almost anyone can be bought.

Also, just because someone is a "labor economist" doesn't mean their economic philosophy leads them to support labor over capital.

Like the new astroturf hero Senator Sessions of Alabama:

https://www.popularresistance.org/sen-sessions-takes-a-bold-step-tells-the-truth-about-tpp/