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Fast Track

The Worst Trade Deal You've Never Heard Of

Robert Reich | Posted 01.31.2015 | Politics
Robert Reich

The Trans-Pacific Partnership, now headed to Congress, is a product of big corporations and Wall Street, seeking to circumvent regulations protecting workers, consumers, and the environment.

Let's Take Apart the Corporate Case for Fast Track Trade Authority

Dave Johnson | Posted 01.30.2015 | Business
Dave Johnson

U.S. Trade Representative (USTR) Michael Froman appeared before Congress Tuesday to make the corporate argument for "fast track" trade promotion authority.

Trans-Pacific Partnership: Fast Track to Job Losses

Rep. John Conyers | Posted 01.30.2015 | Politics
Rep. John Conyers

Much like NAFTA, the TPP has more to do with big-business protectionism than with genuine free trade. Most of the chapters seek to limit the regulatory powers of governments. Most damaging of all, the TPP would create new incentives for corporations to ship jobs overseas and would forbid governments from using strategies like "Buy American" provisions.

Zach Carter

Republicans Defend Obama's Trade Pact While Pressing To Deregulate Banks

HuffingtonPost.com | Zach Carter | Posted 01.27.2015 | Politics

WASHINGTON -- Senate Republicans on Tuesday offered to help President Barack Obama pass a sweeping trade package, while pressing for measures to dereg...

No Time to Waste in Letting Public, Lawmakers Know About Fast Track

James P. Hoffa | Posted 01.26.2015 | Business
James P. Hoffa

Not everyone is aware of the consequences that a quick up-or-down vote on the 12-nation Pacific Rim trade deal will bring. It will devastate not only wage earners, but their families as well.

Dana Liebelson

Key Democrat Offers Obama Hope On Fast Track Authority For Secretive Trade Deals

HuffingtonPost.com | Dana Liebelson | Posted 01.23.2015 | Politics

WASHINGTON -- One of the most powerful House Democrats on trade offered a ray of hope to President Barack Obama on Thursday, seeking to draw attention...

What Obama Got Wrong in His State of the Union Remarks on Trade

Dave Johnson | Posted 01.30.2015 | Business
Dave Johnson

The president briefly spoke about trade in his state of the union speech. He admitted that "past trade deals haven't always lived up to the hype," but then he called for doing more of the same.

SOTU Schizophrenia: Middle-Class Jobs vs. Fast Track and TPP

Lori Wallach | Posted 01.20.2015 | Politics
Lori Wallach

Either Obama will be the president whose initiatives to address income inequality and wage stagnation helped rebuild America's middle class, or he will prioritize a trade agenda that will offshore more good-paying jobs, destroy what is left of the American manufacturing sector, increase income inequality and speed the demise of America's middle class.

Not So Fast, Congress

Leo W. Gerard | Posted 01.19.2015 | Politics
Leo W. Gerard

Instead of the plodding turtle he's normally satirized as, Senate Majority Leader Mitch McConnell is all cat-on-a-hot-tin-roof about Trade Promotion Authority, better known as Fast Track.

What You Need to Know When Obama Talks Trade

Dave Johnson | Posted 01.15.2015 | Business
Dave Johnson

President Obama is likely to use the State of the Union to push for passage of the Trans-Pacific Partnership (TPP) and the rigged "fast track" trade promotion authority. Here are some facts to counter the expected public relations campaign.

Dana Liebelson

Democrats Slam Obama Over Secretive Trade Deals, Say He Needs 'Refresher' Economics Class

HuffingtonPost.com | Dana Liebelson | Posted 01.08.2015 | Politics

WASHINGTON -- House Democrats took President Barack Obama to task on Thursday for urging Congress to grant him the authority to fast-track huge intern...

Michael McAuliff

Mitch McConnell Pledges Fast Action For Secretive Trade Deals

HuffingtonPost.com | Michael McAuliff | Posted 01.07.2015 | Politics

WASHINGTON -- New Senate Majority Leader Mitch McConnell (R-Ky.) pledged Wednesday to move full speed ahead to give President Barack Obama so-called f...

Fight Back Against Fast Track

Larry Cohen | Posted 01.07.2015 | Politics
Larry Cohen

Except for corporate management and their large shareholders, the rest of us will lose big if Fast Track is adopted, making TPP a certainty.

How 'Citibank Budget' Push Foreshadows "Fast Track" for Trade Deals

Dave Johnson | Posted 12.18.2014 | Business
Dave Johnson

It is worth examining how the process was rigged to push that budget deal through Congress over the weekend that contained Citibank-written derivative deregulation and all kinds of other goodies for the rich and powerful

Bad Trade

Leo W. Gerard | Posted 12.15.2014 | Business
Leo W. Gerard

American workers aren't whining. They can compete with anyone in the world on an even playing field. But when foreign countries provide illegal subsidies, manipulate their currency, and hand no-cost land, no-interest loans and tax breaks to producers, then it's bad trade.

Zach Carter

Mitch McConnell's Wildest Dreams Are In The Hands Of House Tea Partiers

HuffingtonPost.com | Zach Carter | Posted 12.03.2014 | Politics

WASHINGTON -- Sen. Mitch McConnell (R-Ky.) has been dreaming about cutting major deals as Senate majority leader for most of his career. Next year, he...

Conservatives and Liberals Agree, TPP Hates Your Freedom

Jacob Devaney | Posted 01.19.2015 | Politics
Jacob Devaney

No matter where you stand on environmental issues or GMOs, you should be alarmed at the idea of large corporate interests overturning the vote of citizens in a democratic society. That is exactly what is happening now.

Bypassing Congress

Pat Choate | Posted 01.15.2015 | Politics
Pat Choate

President Barack Obama is the principal political beneficiary of the forthcoming GOP control of both Houses of Congress, for it allows him to triangulate his initiatives and thus bypass both Congressional Republicans and Democrats to further define his Presidential legacy.

Zach Carter

The Free-Trade Deal Has Got Republicans Talking Like Elizabeth Warren

HuffingtonPost.com | Zach Carter | Posted 11.14.2014 | Politics

WASHINGTON -- Senate Minority Leader Mitch McConnell (R-Ky.) will have to expand the scope of President Barack Obama's executive powers if he wants Co...

Fast Track Is the Wrong Path

Ilana Solomon | Posted 01.06.2015 | Green
Ilana Solomon

While the Obama administration and congressional supporters of the pacts have rekindled timeworn talking points that describe these deals as "21st century" trade agreements, in reality, they strongly resemble the failed NAFTA that went into effect more than two decades ago.

Congress' Smackdown of Fast Track: Sweet 16 Bday

Lori Wallach | Posted 11.25.2014 | World
Lori Wallach

As we recall the sweet-sixteen anniversary of Fast Track's 1998 House-floor trouncing, let's toast to Congress doing the right thing again. Fast Track needs to be boxed and buried for good.

Corporate Courts -- A Big Red Flag on 'Trade' Agreements

Dave Johnson | Posted 11.15.2014 | Business
Dave Johnson

When We the People agree that something should done to make our lives better, it's supposed to get done. Right? You didn't know it, but that whole system changed several years ago. Our government, in our name, signed a document that placed corporate profits above our own democracy.

No to Fast-Tracking Harmful Trade Pacts; Yes to a New Model of Trade

Ilana Solomon | Posted 11.10.2014 | Politics
Ilana Solomon

Today's trade agreements affect our daily lives in countless ways. It's time that the process for negotiating and implementing these trade pacts evolves to reflect that reality.

Did Washington Stab Working Americans in the Back?

Curtis Ellis | Posted 11.01.2014 | Politics
Curtis Ellis

It's official: Trade with poor countries has destroyed millions of American jobs and lives. A new study from the National Bureau of Economic Research confirms what working people have long known: Imports from China are responsible for the loss of over 2 million jobs between 1999 and 2011. That's about 1 percent of the entire work force.

Fast Track Courts Against Criminal Lawmakers 'Imperative' for Indian Democracy

Samarth Pathak | Posted 10.29.2014 | World
Samarth Pathak

A wide section of India's politico-legal fraternity has expressed disappointment with the apex court's recent rejection of a proposal to fast track criminal cases against parliamentarians.