Beware!
Like a snake in a woodpile, the Trans-Pacific
Partnership (TPP) lies dangerously in wait to be fast-tracked to
International Big Boy land where giant foreign and domestic money
interests will control every aspect of U.S. trade dealings with the 11
other member countries of TPP.
In addition to the United States, in alphabetical
order, the remaining membership is made up of Australia, Brunei, Canada,
Chili, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and
Vietnam. Area superpower, China is absent from the TPP roster of
nations.
Brunei is an interesting little territory. Admit it,
you know nothing about Brunei. “TPP Capitols for $100, Alex!” Jeopardy
host, Trebek flips through his index cards. “OK, what is the capital of
Brunei?” You immediately shed 140 points off your 150 IQ. Months later,
you’re still standing there with a blank expression on your face, thumb
frozen over the buzzer. For the record, it’s Bandar Seri Begawan. The
cities centerpiece, nestled in a lagoon, is the breathtaking Sultan Omar
Ali Saifuddin Masjid (the Arabic term for Mosque) with a dome covered
in pure gold.
You remember how repugicans hate muslims, right?
They want to blow them off the face of the earth. Not a day goes by, but
one of theirwingnut warmongers doesn’t rip into Obama for not
sending every last hunk of our military iron and troops over to the
middle east and taking care of those terrorists once and for all.
Brunei is 80% muslim. Its government is the Malay islamic Monarchy. According to the CIA World Fact Book, their legal
system is a mix of English Common Law and islamic law. The first
sharia-based penal codes were applied to both muslims and non-muslims
earlier this year. Oh, and there are no elections. But we love this
country chock-full of muslims with the same fervor as a fellow Rotarian,
all that muslim stuff notwithstanding. That’s because Brunei is loaded.
Oil and gas abound, as does money.
Another TPP member, Malaysia, features a muslim
population of 61% with nary a christian of any stripe to be found
anywhere. But Malaysian muslims are OK as potential TPP money machines
as well (see above.). And let’s not forget trading partner and home to
some of the biggest U.S. companies, Vietnam. About 40-50 years ago, The
Viet Cong to the South and the Northern Vietnamese Army were busy
blasting 57,000 young Americans into oblivion, but there’s nothing like
the almighty dollar to forgive and forget. But absent a similar
inter-country deal from our nations “Yankees”, Southerners still harbor
undisguised resentment dating back to a conflict that’s 150 years old.
Make no mistake, the new found love for muslims,
notwithstanding, the real player besides the U.S. in TPP is Japan. The
Americans need an economically powerful Asian counter-balance to at
least equalize Chinese efforts to emerge as the top trading dog in the
near future. But here is where it gets puzzling. China, on the heels of a
recent summit, attended by both Obama and Putin, is continuing to work
up a trade pact called the Asian-Pacific Economic Cooperation Forum
(APEC). This agreement has the same purpose as TPP; warding off an
economic enemy, but, in this case, the U.S. would be a member of both
TPP AND APEC. So the world’s top two economic powers are at cross
purposes at the same time they sit across from each other, about to make
a handful of individuals rich beyond comprehension. Russia is also an
APEC player, and, get this, every member of TPP, including Japan also
claims membership. There are 21 APEC nations. How fast APEC progresses
is anybody’s guess. It’s been around since 1989 as a forum and moves are
currently being made to declare its official status as a trade
agreement a ‘fait accompli’ in the very near future.
China also recently inked a trade agreement with
South Korea, as with China prominent in its absence from TPP, another
country oddly missing from TPP.
For all the Congressional harangue about not knowing
the contents of TPP, the right people in both parties know the
agreement verbatim. No leadership of either the repugican cabal or Democratic
Party is going to push for fast-tracking a secret pig in the poke trade
deal. Come the new session, this thing will pass legislative muster
with the speed of a bullet train, given that Utah repugican, Orrin
Hatch will most likely ascend to the Chairmanship of the Senate Finance
Committee and Orrin adores TPP.
The repugicans will follow his lead. Ironic, given all
the power over U.S. intellectual property, copyright issues and digital
that TPP could possibly control. Ironic, given repugican knee-jerk
opposition to any and all UN initiatives that could affect America’s
internal affairs even to the slightest degree of control. Ironic, that
during the Congressional run-up to the last election, I don’t recall TPP
being even in the top five of candidate’s major issue concerns.
There’s another agreement called the Trans-Atlantic
Trade and Investment Partnership (TTIP). Revealed in last year’s State
of the Union speech, this trade deal between the U.S. and the European
Union might actually be beneficial for workers and, yes, even union
members. The AFL-CIO has given TTIP its cautious imprimatur based on the
relatively high economic standing of the participants, the fact that EU
countries seem to care about the welfare of their people and the
union-friendly environment of most EU member countries. There is also
substantial worker input into the operation of their employer’s company.
There are worker councils and generally, a worker seat on the Board of
Directors. That seat is mandated in Germany if over 500 are employed. So
the scoreboard reads: U.S. worker participation in the operation of
their company; virtually zero; EU worker participation, substantial and
meaningful. What’s not to like?
Let’s take a brief look at the trade agreement by
which most U.S. trade pacts are judged; NAFTA, the North American Free
Trade Agreement. No matter what the Clintons or repugicans told you in
1994, NAFTA was simply economic permission to crush U.S. tariffs, so
huge companies could produce products overseas for embarrassingly low
wages and then import the pieces back into the U.S. either whole or for
assembly, without paying previously-imposed tariffs. Wages and
environmental regulations were laughable, though many companies have now
fled Mexico in favor of even lower wages and virtually no pollution
standards in third-world countries.
The NAFTA trade deficit has exploded and the
estimated U.S. job loss numbers are in the one million range. A $2.9
billion surplus with Mexico in ’93 turned into a combined (Mexico and
Canada) trade deficit of $181 billion in 2012. In rare bipartisan
agreement, polls show that Americans would like to either revisit NAFTA
or trash the trade pact altogether. U.S. job creation from NAFTA is
virtually nil.
And have you heard about China’s other pet trade
project, the Regional Comprehensive Economic Partnership (RECP)? Enough
letters for one submission. We’ll save RECP for another day.
Trade pacts. Approach with extreme caution!
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