Time sensitive episode! Congress is rushing to pass a bill that would grant the President Trade Promotion Authority (TPA), which hands Congress’ power to negotiate international treaties to the Executive Branch. In this episode, we look at the details of the Trade Promotion Authority bill. Is giving the Executive Branch this power a good idea?
In this special episode, we prepare for the Senate’s upcoming push to fast-track multiple “free trade” agreements, including the Trans-Pacific Partnership (TPP). We also look into the January 2015 draft text of the leaked TPP Investment Chapter.
The Trans-Pacific Partnership (TPP) is a secret international treaty designed to give corporations power over governments; it is labeled as a “free trade agreement”. The TPP will likely allow corporate control of the Internet, endanger food safety, increase medicine costs, remove environmental laws, prohibit financial regulations, and almost certainly would force the United States to give tax money to private corporations if our democracy creates laws that interfere with corporate profits. The Obama administration aims to have it signed into law by the end of 2013.
*Full text of draft Intellectual Property Chapter (text as of August 30, 2013), released by Wikileaks on November 13, 2013.