Poor Richard’s News
6/23/2015
Our country suffered a massive blow today as Congress shifted Constitutional power and national sovereignty into the hands of not only the Executive Branch but foreign governments through the passage of the “fast track” trade bill known as Obamatrade…
…Just how bad is this? It’s difficult to say at this point. What we know about these agreements is limited to just statements from a handful of lawmakers who have read portions in a secret room under the Capitol building and partial document leaks onto Wikileaks. It is clear, however, that Obama’s agreements would encompass not only trade with other nations but labor, environmental restrictions, an overhaul of US immigration, and more.
This is not “free trade.” This is the enslavement of the American economy to the hands of a few greedy power-brokers.
Read the complete article at Poor Richard’s News.
Related: Ted Cruz: ObamaTrade Enmeshed in Corrup, Backroom Dealings (video)
…As a general matter, I agree (as did Ronald Reagan) that free trade is good for America; when we open up foreign markets, it helps American farmers, ranchers, and manufacturers.
But TPA in this Congress has become enmeshed in corrupt Washington backroom deal-making, along with serious concerns that it would open up the potential for sweeping changes in our laws that trade agreements typically do not include.
Since the Senate first voted on TPA, there have been two material changes…
Update: From Eric Odom (and Chris Johnsen) on Facebook:
