- Round 2 in the battle to stop the horrific TPP trade agreement begins. Time to correct the failures of globalized trade.
By Kevin Zeese
and Margaret Flowers
12 April 2014
The broad movement for fair trade has stalled the Trans-Pacific Partnership (TPP). When fast track trade promotion authority was introduced by former Senator Baucus, the Chairman of the Finance Committee, it was announced dead by Harry Reid and many of the members of the Finance Committee. A similar bill in the House also died quickly, not even proceeding to mark-up in the Ways and Means Committee, despite being introduced by its Chairman, David Camp (R-MI).
Congressional leadership including Democratic Leader Nancy Pelosi (D-CA), Democratic Whip Steny Hoyer (D-MD) and Majority Leader Harry Reid (D-NV) all announced that they opposed the Baucus-Camp version of fast track. Vice President Biden acknowledged that trade promotion authority was unlikely this year. This happened because a movement of movements engaged in protests across the country, the issue was raised at town hall meetings and hundreds of thousands of phone calls and emails went to Capitol Hill saying “no” to fast track for the TPP.
But, we knew that efforts to rig global trade in the favor of trans-national corporations would not stop there. The movement of movements that stopped the first version of fast track has been preparing for the next stage.