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Fast-Track In The Slow Lane

Boyd Crowder

Teem MiCr0B35
TPP Defeated In The House "Stuck in the Station"
This Uber Secret trade deal is shot down, mercifully

President Obama suffered a major defeat to his Pacific Rim free trade initiative Friday as House Democrats helped derail a key presidential priority despite his last-minute, personal plea on Capitol Hill.

The House voted 302 to 126 to sink a measure to grant financial aid to displaced workers, fracturing hopes at the White House that Congress would grant Obama fast-track trade authority to complete an accord with 11 other Pacific Rim nations.

“I will be voting to slow down fast-track,” House Minority Leader Nancy Pelosi (D-Calif.) said on the floor moments before the vote, after keeping her intentions private for months. “Today we have an opportunity to slow down. Whatever the deal is with other countries, we want a better deal for American workers.”

The dramatic defeat could sink the Trans-Pacific Partnership (TPP), a sweeping free trade and regulatory pact that Obama has called central to his economic agenda at home and his foreign policy strategy in Asia. Obama’s loss came after a months-long lobbying blitz in which the president invested significant personal credibility and political capital.

Republican leaders, who had backed the president’s trade initiative, pleaded with their colleagues to support the deal or risk watching the United States lose economic ground in Asia.

Obama arrives on the Hill for trade vote(0:35)
President Obama made an 11th-hour appeal to dubious Democrats on Friday in a tense run-up to a House showdown on legislation to strengthen his hand in global trade talks. (AP)
“The world is watching us right now,” Rep. Paul Ryan (R-Wis.) said before the vote.
[PowerPost: Why the House GOP can’t get along]

Obama had rushed to Capitol Hill on Friday morning to make a last-ditch plea to an emergency meeting of the Democratic caucus. The president urged members to vote with their conscience and “play it straight,” urging them to support the financial package for displaced workers, which Democrats have long supported.

“I don’t think you ever nail anything down around here,” Obama told reporters on his way out of the Capitol. “It’s always moving.”

But Democrats opposed to Obama’s trade agenda pushed hard to block the financial aid plan, knowing that its defeat would also torpedo a companion measure to grant Obama fast-track authority to complete the TPP. That bill was later approved with overwhelming Republican support in what amounted to a symbolic vote because it could not move forward into law without the related worker assistance package.

The legislation is now paralyzed in the House — “stuck in the station,” as Pelosi described in her speech. House Speaker John A. Boehner (R-Ohio) has decided to give Obama the weekend to try to coax enough Democrats into supporting the worker assistance package by bringing it up for reconsideration next Tuesday.

More:http://www.washingtonpost.com/polit...b6dce8-1073-11e5-a0dc-2b6f404ff5cf_story.html
 

Slim Pickens

Well-known member
Veteran
Sad thing is...most Americans had no idea that this whole TPP scam would have totally ruined the US,and didn't even know what the TPP is/was.(I doubt very much that this issue is dead.Likely it will return with a fancy new name like..Restore America Act or something similarly patriotic sounding).

Never fear however.The mighty corporations won't give up.They have the annihilation of the US in their sights,and won't give up till we are 3rd world and powerless.
 
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