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Purveyor

(29,876 posts)
Wed Mar 9, 2016, 07:48 PM Mar 2016

Exclusive: Obama Committed To Pacific Trade Deal, Even As Opposition Spreads - Rice

Source: Reuters

By Roberta Rampton
Reuters
March 9, 2016

WASHINGTON (Reuters) - U.S. President Barack Obama is fully committed to pushing for Congress to ratify the Trans-Pacific Partnership (TPP) deal despite anti-trade sentiment gaining steam on the presidential election campaign trail, National Security Adviser Susan Rice said on Wednesday.

Voter anxiety and anger over international trade and the 12-nation Pacific trade pact have helped propel the campaign of Donald Trump, the Republican front-runner, as well as Senator Bernie Sanders, who is running against Hillary Clinton for the
Democratic nomination.

"The president remains fully committed to working to achieve ratification on the U.S. side and encouraging all of our TPP partners to move through their domestic processes to do the same," Rice told Reuters in an interview on Wednesday.

For Obama, the TPP is a legacy issue, and standing firm on the pact reassures other nations with high expectations for the deal. At the same time, it highlights a division with Clinton, a close political ally, who has been grappling with Democratic anxiety about trade on the campaign trail.

Read more: https://ca.news.yahoo.com/exclusive-obama-committed-pacific-trade-deal-even-opposition-213412696--finance.html

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Exclusive: Obama Committed To Pacific Trade Deal, Even As Opposition Spreads - Rice (Original Post) Purveyor Mar 2016 OP
They need to drown it in Grover Norquists' bathtub. nt silvershadow Mar 2016 #1
This is a really excellent article on TPP entitled "Major Complications" Baobab Mar 2016 #17
Very disappointed... Dont call me Shirley Mar 2016 #2
so am I Angry Dragon Mar 2016 #9
is it just me, OneCrazyDiamond Mar 2016 #3
LOL Akicita Mar 2016 #11
and why not? DU's full of posts bragging about how he's leaving with 51% approval MisterP Mar 2016 #4
Exactly. SoapBox Mar 2016 #5
Obama puts the screws to Clinton tularetom Mar 2016 #6
The TPP is Obama's final assignment from his owners. FlatBaroque Mar 2016 #7
Generally, Obama makes logical arguments for the things he wants to achieve. earthshine Mar 2016 #8
this will bring him up to the level of G.W. Angry Dragon Mar 2016 #12
Or Clinton 1 anyway... Cavallo Mar 2016 #14
'progressive' in trade lingo means "irreversible" So Obama is saying its irreversible Baobab Mar 2016 #18
When reading news like this, chapdrum Mar 2016 #10
We forgot to give him a primary challenger in 2012. earthshine Mar 2016 #15
That will help elect Trump. nt bemildred Mar 2016 #13
The most liberal president in history! Showing his lame duck super duper liberal self! Doctor_J Mar 2016 #16
Corporate Libural Prez burrowowl Mar 2016 #19
Sorry, Barack. TPP is going nowhere. NAFTA and the WTO will govern our trade with those countries pampango Mar 2016 #20
This time, I'm happy to have an uncooperative, antagonistic congress. JustABozoOnThisBus Mar 2016 #21
Well now at least we know.. sendero Mar 2016 #22
Thus the advent of anti-establishment candidates coyote Mar 2016 #23
Krugman: "The case for TPP is very, very weak. ... if a progressive makes it to the White House, pampango Mar 2016 #24

MisterP

(23,730 posts)
4. and why not? DU's full of posts bragging about how he's leaving with 51% approval
Wed Mar 9, 2016, 07:59 PM
Mar 2016

and how PROUD they are of how much obstructionism he's overcome (forgetting that his DNC pick let the GOP take Congress)

he can do whatever he likes: as much as we denounce TPP/TISA our actions show our words are worthless

tularetom

(23,664 posts)
6. Obama puts the screws to Clinton
Wed Mar 9, 2016, 08:08 PM
Mar 2016

I don't know why Obama is so anxious to trash what remains of his "legacy" with his support for this piece of shit, but it is amusing to watch him put Clinton between a rock and a hard place by reiterating his advocacy while she is out on the campaign trail claiming to "oppose" it.

FlatBaroque

(3,160 posts)
7. The TPP is Obama's final assignment from his owners.
Wed Mar 9, 2016, 08:11 PM
Mar 2016

He has been given his marching orders and no choice in the matter

 

earthshine

(1,642 posts)
8. Generally, Obama makes logical arguments for the things he wants to achieve.
Wed Mar 9, 2016, 08:12 PM
Mar 2016

But, not on the TPP. He expects us to accept it based upon his judgment and word.

He literally tells us that the TPP is "progressive." I call it "disastrous" for the working people all over the world.

To those people who adore him, and there are many on the DU, it gives him political capital, and this is how he chooses to spend it.

Video: Joseph Stiglitz on the TPP.

Cavallo

(348 posts)
14. Or Clinton 1 anyway...
Wed Mar 9, 2016, 08:42 PM
Mar 2016

I wonder why he's doing it? His corporate ties must be afraid Bernie could win and won't sign it if it comes across his desk, so they're trying to get it a done deal now. Just guessing.

Baobab

(4,667 posts)
18. 'progressive' in trade lingo means "irreversible" So Obama is saying its irreversible
Thu Mar 10, 2016, 01:22 AM
Mar 2016

'Liberalisation' means privatization or as they call it in India "Disinvestment" (I think that is a much more accurate term)

So "progressive liberalisation" (the core concept behind the WTO-GATS and TiSA) means "Irreversible Disinvestment"

 

chapdrum

(930 posts)
10. When reading news like this,
Wed Mar 9, 2016, 08:17 PM
Mar 2016

am reminded of George Harrison's question: "Are we being punished for something we have forgotten to do?"

What have we done to deserve politicians like this (let alone borderline traitorous Republicans), and what does it say about our country?

 

Doctor_J

(36,392 posts)
16. The most liberal president in history! Showing his lame duck super duper liberal self!
Wed Mar 9, 2016, 10:06 PM
Mar 2016

Like a love child of FDR, LBJ, and JFK!

pampango

(24,692 posts)
20. Sorry, Barack. TPP is going nowhere. NAFTA and the WTO will govern our trade with those countries
Thu Mar 10, 2016, 07:05 AM
Mar 2016

for longer than you might have hoped. All the presidential candidates oppose TPP except for Kasich and Rubio (maybe) who both may be gone by this time next week.

The real question now is what will the next president do. "Renegotiate" again. (The other countries say they won't do that but maybe they will have a change of heart.) Or act unilaterally and withdraw from them. Donald would certainly do the latter (kind of back to the future of the pre-FDR era) so that he would be free to levy tariffs on every country that made him mad. The former is more traditional but is not the 'bold' action that politicians (particularly right wing demagogues) like to brag about.

And if neither renegotiation nor withdrawal happen with the next president, we will have NAFTA and the WTO to complain about for a long time. It won't be the first time. FDR's ITO with its standards on labor rights, business regulation and full employment was shot down by congress leaving us with GATT which became the WTO neither of which had or has those standards.

JustABozoOnThisBus

(23,315 posts)
21. This time, I'm happy to have an uncooperative, antagonistic congress.
Thu Mar 10, 2016, 08:46 AM
Mar 2016

Congress' motto: If Obama Like, We Hate.

TPP? Me hate, too.

pampango

(24,692 posts)
24. Krugman: "The case for TPP is very, very weak. ... if a progressive makes it to the White House,
Thu Mar 10, 2016, 10:35 AM
Mar 2016

he or she should devote no political capital whatsoever to such things."

A Protectionist Moment?

Furthermore, as Mark Kleiman sagely observes, the conventional case for trade liberalization relies on the assertion that the government could redistribute income to ensure that everyone wins — but we now have an ideology utterly opposed to such redistribution in full control of one party, and with blocking power against anything but a minor move in that direction by the other.

But it’s also true that much of the elite defense of globalization is basically dishonest: false claims of inevitability, scare tactics (protectionism causes depressions!), vastly exaggerated claims for the benefits of trade liberalization ... I’ve always been clear that the gains from globalization aren’t all that great ... less than 5 percent of world GDP over a generation.

The truth is that if Sanders were to make it to the White House, he would find it very hard to do anything much about globalization — not because it’s technically or economically impossible, but because the moment he looked into actually tearing up existing trade agreements the diplomatic, foreign-policy costs would be overwhelmingly obvious. ... Trump might actually do it, but only as part of a reign of destruction on many fronts.

But it is fair to say that the case for more trade agreements — including TPP, which hasn’t happened yet — is very, very weak. And if a progressive makes it to the White House, he or she should devote no political capital whatsoever to such things.

http://krugman.blogs.nytimes.com/2016/03/09/a-protectionist-moment/?_r=0
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