Transatlantic Trade and Investment Partnership (TTIP) is the other massive trade agreement the Obama administration is negotiating. The TTIP agreement is with the European Union. You may be thinking what’s the problem with a trade agreement with them?
Well … it may surprise you to learn “Europe” is not Europe anymore. It’s the “EU” – European Union! A VERY different animal. The EU is made up of 28 countries with intertwined economies, laws, regulations and currency for starters.
The individual countries/governments are now subject to a huge centralized “authority” in Brussels. This authority is not elected by the member countries and is unaccountable international rule-makers who have been given authority to overrule individual country’s sovereignty!
I really don’t care for the sounds of that! Seems to me we are having enough trouble in getting our elected officials to listen to us, let alone having to put up with arbitrary rules/regulations originating in Brussels!
If the TTIP agreement is intended to subjugate America to the EU, what is the motivation to sign it, and who gains from it? Even the proponents will admit the motivation is not because of high tariffs, the average of which is a mere 4 percent.
Their answer is to “harmonize” our regulations, standards and laws to “facilitate” trade. Who thinks that’s a good idea? As you might have already guessed, the very same people/organizations that negotiated NAFTA and are currently pushing TTP.
These “stakeholders” are big labor, big business and environmental groups. You’ve heard of some: the Sierra Club, AFL-CIO, Friends of the Earth and a bunch more I’ve never heard of. Do you think these groups have your best interests in mind, or perhaps are they just out to carve themselves special arrangements? (Remember AARP and Obamacare?)
Before you hang a conspiracy-theorist sign on me, perhaps consider this: have you heard of TTIP (that’s the plan)? It’s because the American public and our elected officials are not allowed access to the negotiations or the text!
You see, you’re not considered a stakeholder! Even the U.S. Congress is not considered a stakeholder! That alone should send up a red flag for most anyone!
So, what do we do? What can we do? I’m glad you asked! You see, there is another bill coming which the media have labeled “fast-track” authority. The official name is Trade Promotion Authority (TPA).
This would give Obama the authority to offer these trade agreements to Congress on a time-restricted “take it or leave it” basis with no opportunity to add amendments or changes! The TPA just may be the key, more on that next time.
Share on Facebook