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Trans-Pacific Partnership Full Text Released

Friday, November 6, 2015 14:43
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(Before It's News)

By Hunter Wallace

The full text of this monster trade deal is finally out:

“WASHINGTON — The release on Thursday of the full text of President Obama’s trade accord with 11 Pacific Rim nations brought out opponents and supporters and officially opened what may be the last big battle of the president’s tenure: winning congressional approval of the largest regional trade deal in history.

The opposition mainly came from the left, as an array of unions, environmental groups and public advocacy organizations that typically resist global trade agreements registered their dismay. But some businesses, like Ford Motor, also joined the emerging resistance to the Trans-Pacific Partnership …”

Sen. Jeff Sessions explains why the TPP needs to be killed in the crib. He calls it a “breathtaking erosion of soverignty.”

The TPP should be killed because it fails to address currency manipulation alone:

” That would be currency manipulation. Very roughly put, it’s when your country uses monetary policies that lower the value of your currency relative to other currencies. That makes your exports to other countries cheaper, and your imports from other countries more expensive, creating a trade surplus for you, and forcing other countries into a trade deficit. …”


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