Thursday, June 18, 2015

WILL THE TPP PASS THIS TIME AROUND OR WILL THE DEMOCRATS TORPEDO THE 21ST CENTURY TRADE DEAL–AS THE HOUSE OF CONGRESS VOTE TO TAKE PLACE THIS FRIDAY

Senator Jeff Sessions is worried that the adoption of the Trans-Pacific Partnership would lead to an "historic international regulatory Commission" that would eoncmpass 90 percent of the world's GDP. He's concerned that it would "[create] a self-governing and self-perpetuating Commission with extraordinary implications for American workers and American sovereignty."

“The House is preparing to vote again tomorrow on providing fast-track executive authority to the President. If adopted, it will be sent immediately to the Senate for final consideration," Sessions says in a statement to be released tonight.

"It is essential that there be no misunderstanding: fast-track preapproves the formation of not only the unprecedentedly large Trans-Pacific Partnership, but an unlimited number of such agreements over the next six years. Those pacts include three of the most ambitious ever contemplated. After TPP comes the Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union, followed by the Trade in Services Agreement (TiSA), seeking as one its goals labor mobility among more than 50 nations. Together, these three international compacts encompass three-fourths of the world’s GDP. Including the nations whose membership is being courted for after enactment, the countries involved would encompass nearly 90 percent of global GDP. Yet, through fast-track, Congress will have authorized the President to ink these deals before a page of them has been made public. Then, the Executive sends Congress 'implementing' legislation to change U.S. law—legislation which cannot be amended, cannot be filibustered, and will not be subjected to the Constitutional requirement for a two-thirds treaty vote.

http://www.weeklystandard.com/blogs/sessions-fast-track-would-lead-3-pacts-encompassing-90-world-gdp_973310.html

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