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The Trans-Pacific Partnership is an international income and political power redistribution scam falsely marketed as a free trade agreement, which is exactly why President Obama, Wall Street Senator Ron Wyden, as well as most of the Republican Party support this scam. It will redistribute massive amounts of income from the 99 to the 1 percent.

According to economist Thomas Piketty, in his seminal work, Capitalism in the Twenty-First Century, the United States has a record “level of inequality of income from labor (probably higher than in any other society at any time in the past, anywhere in the world, including societies in which skill disparities were extremely large)….”

Don’t let Wall Street Senator Ron Wyden lie to you. If we are going to defeat the job killing, environmentally devastating, Trans-Pacific Partnership from being railroaded through Congress using Fast Track Authority, then we need to get Senator Wyden to oppose it once again. He was against it before he was for it, so he can change his mind on this, but your voice matters, so call now. This time his vote in the senate matters most to all Americans.
Please make the call to 1-866-502-6055 and tell the senator you are against Fast Track Authority and the international income redistribution scam known as the Trans-Pacific Partnership (TPP).
What is Fast Track Authority? What is the Trans-Pacific Partnership (TPP)? Why does Senator Wyden support them? I’m happy you asked.
The fast track negotiating authority for trade agreements is the authority of the President of the United States to negotiate international agreements that Congress can approve or disapprove but cannot amend or filibuster. Debate is also limited. Fast track negotiating authority is a temporary and controversial power granted to the President by Congress. The authority was in effect from 1975 to 1994, pursuant to the Trade Act of 1974, and from 2002 to 2007 by the Trade Act of 2002. Although it expired for new agreements on July 1, 2007, it continued to apply to agreements already under negotiation until they were eventually passed into law in 2011. In 2012, the Obama administration began seeking renewal of the authority.

Former Federal Reserve vice chairman Alan Blinder has calculated that 22 percent to 29 percent of all U.S. jobs could potentially be offshored if the TPP is approved by congress. 25 percent would translate to 36 million workers whose wages are in competition with those in largely lower-income nations. Of the 11 nations with which the United States is negotiating the TPP, nine have wage levels significantly lower than ours.

The difference between the old higher US wages of the jobs exported, and the soon to be lower wages overseas, would go straight into the pockets of the super rich via higher dividends, share prices, and soaring corporate profits. In addition, for a job well done in offshoring jobs, CEOs will receive raises and bonuses. Currently, on average, US CEOs receive a record 475 times more in pay than the lowest paid workers in their companies. See The Ratio of CEO to Average Worker Pay

According to Harold Meyerson writing in the Washington Post, “By avoiding discussion of the consequences that trade deals with developing nations have on U.S. workers, not to mention our trade balance, defenders of free trade are indulging in the worst kind of imperviousness to facts. But when the case for free trade is coupled with the case for raising U.S. workers’ incomes, it enters a zone where real numbers, and real Americans’ lives, matter. In that zone, the argument for the kind of free-trade deal embodied by NAFTA, permanent normal trade relations with China and the Trans-Pacific Partnership completely blows up. Such deals increase the incomes of Americans investing abroad even as they diminish the incomes of Americans working at home. They worsen the very inequality against which the president rightly campaigns.

There are ways that a developed nation can trade with the developing world without gutting its own economy. Germany has been able to protect its workers not only through the advantage of having the euro as its currency, but also by requiring its corporations to give their employees a major say in their companies’ investment decisions and by embracing a form of capitalism in which shareholders don’t play a major role. Were the United States to adopt this form of stakeholder capitalism, then its trade accords wouldn’t necessarily come at the expense of its workers. Absent such reforms, however, trade deals will only negate our attempts to diminish inequality.”

If the TPP is approved by congress and signed by the president, only the rich will benefit, and at the expense of our jobs. But there’s more. Those lost jobs pay our taxes, and so the TPP will lower the amount of tax dollars going to schools, fire, police, parks, recreation, road maintenance, and DMV services, among other things.

So we know President Obama, Wall Street Senator Ron Wyden, and the Republican leadership in congress (think Mitch McConnell and Orrin Hatch) are intending to rob from the middle class and give to the super rich, and those are the people they serve.

For more on what Harold Meyerson has to say about the TPP, click on the link below.

Free Trade and the Loss Of US Jobs–Washington Post

By Elizabeth Warren,

The United States is in the final stages of negotiating the Trans-Pacific Partnership (TPP), a massive free-trade agreement with Mexico, Canada, Japan, Singapore and seven other countries. Who will benefit from the TPP? American workers? Consumers? Small businesses? Taxpayers? Or the biggest multinational corporations in the world?

One strong hint is buried in the fine print of the closely guarded draft. The provision, an increasingly common feature of trade agreements, is called “Investor-State Dispute Settlement,” or ISDS. The name may sound mild, but don’t be fooled. Agreeing to ISDS in this enormous new treaty would tilt the playing field in the United States further in favor of big multinational corporations. Worse, it would undermine U.S. sovereignty.

To see the rest of the text, click on the link below.

Elizabeth Warren on the Trans Pacific Partnership–The Washington Post

US Senator Elizabeth Warren is

According to Mark Graves, a reporter with the Oregonian newspaper, itself a master of propaganda on behalf of the super rich in their war against the middle class, oil prices have been undergoing a normal, mild seasonal price rise lately, and this accounts for the rise in oil prices of about 30 percent over the last three weeks. In the February 25 edition of the Oregonian newspaper he wrote, “Refineries are in the midst of conducting seasonal maintenance, a process that can limit fuel production and put upward pressure on pump prices.”

However, another source suggests a different scenario for why gas prices are rising. Bloomberg News actually did some investigation and discovered that, “U.S. drillers are idling rigs at a record pace, gutting investment plans and laying off thousands of workers…. The number of rigs drilling for oil in the U.S. dropped by 37 last week to 1,019, the fewest since July 2011, data from Baker Hughes Inc. showed Feb. 20. Since Dec. 5, a total of 556 have been taken out of service. Oil explorers including Royal Dutch Shell Plc and Chevron Corp. have announced spending cuts of almost $50 billion since Nov. 1.”

In other words, US oil corporations are cutting production to jack up prices, because the Saudi’s and other OPEC nations refuse to do so. This is called a conspiracy in restraint of trade, which is illegal. This action also has nothing to do with seasonal maintenance whatsoever since they’re shutting down oil rigs and cutting production.

When was the last time we saw a 30 percent increase in gasoline prices in February due to “Refineries conducting seasonal maintenance? How about never. Just take a look at the graph below.

The graph shows gasoline prices did slide up in price in February, but none of the years shown from 2008 to 2013 demonstrates an rise of 25 percent in the average price of gasoline from February to March.  In 2010 there was virtually no increase in prices.

Therefore, one can see that Bloomberg news report being the more accurate of the two reports. Graves report is either simplistically thought out, or it is a case of pure misleading propaganda. He is factually correct that prices normally rise in late winter and early spring, but this doesn’t entirely account for the bulk of the increase in gasoline prices in the last three weeks.

And this is how the corporate propaganda machines tell you only what they want you to believe, which is often not true at all. Check out the Bloomberg report below the graph.

saudis-bold-gambit-paying-off-just-three-months-later-energy–Bloomberg News

In a new Associated Press Poll, 68 percent of Americans think taxes should be raised on the rich. According to the poll, most people think the middle class pays too much in federal taxes.

President Obama recently declared that the rich should pay more in taxes, as well. However, it should be pointed out that this was the furthest thing from the president’s mind when his Democrats had control of the House of Representatives and 59 votes in the US senate. It’s easy to propose something when it has no chance of succeeding under Republican domination of both houses of congress. In other words, the president is saying something that cannot occur in an attempt to rally the troops for the 2016 elections, especially since Democratic voters stayed home in the last election, in part because of the failure of the Democrats to want to help the middle class. Will the grassroots be fooled again in 2016? Maybe, but most likely not.

Check out more from the poll at the link below.

Findings from the Latest Associated Press Poll–Associated Press

And Wall Street Senator Ron Wyden wonders why I call him Wall Street Senator Ron Wyden!

If we are going to defeat the job killing, environmentally devastating, Trans-Pacific Partnership from being railroaded through Congress using Fast Track Authority, then we need to get Senator Wyden to oppose it once again. He was against it before he was for it, so he can change his mind on this, but your voice matters, so call now. This time his vote in the senate matters most to all Americans.

Please make the call to 1-866-502-6055 and tell the senator you are against Fast Track Authority and the international income redistribution scam known as the Trans-Pacific Partnership (TPP).

What is Fast Track Authority? What is the Trans-Pacific Partnership (TPP)? Why does Senator Wyden support them? I’m happy you asked.

The fast track negotiating authority for trade agreements is the authority of the President of the United States to negotiate international agreements that Congress can approve or disapprove but cannot amend or filibuster. Debate is also limited. Fast track negotiating authority is a temporary and controversial power granted to the President by Congress. The authority was in effect from 1975 to 1994, pursuant to the Trade Act of 1974, and from 2002 to 2007 by the Trade Act of 2002. Although it expired for new agreements on July 1, 2007, it continued to apply to agreements already under negotiation until they were eventually passed into law in 2011. In 2012, the Obama administration began seeking renewal of the authority.

As for the Trans-Pacific Partnership (TPP), we know from leaked documents the TPP is a massive income redistribution scam. The TPP has almost nothing to do with international trade. We know that;

* TPP will give incentives for US corporations to export millions of US jobs. The Federal Reserve estimates that 28 million US jobs were exported between 1990 and 2010.

* TPP will increase US income and wealth inequality. The 1 percent have already taken 95 percent of all income growth in the United States since 2009. Currently, the 1 percent are stealing 36+ percent of all income produced in the USA, compared to only 8 percent in 1980. International trade scams and other federal legislation have brought inequality about. For example, when the above jobs were exported, the difference between the old higher US wages and the new lower wages will go straight into the pockets of the 1 percent via higher corporate profits, rising dividends and surging share prices.

* Those lost jobs will no longer be paying the taxes for our infrastructure, K-12 education, higher education (tuition and fees will go up), social safety nets, schools, fire, police, public transportation, social security taxes, but those lost jobs will push the stock markets higher.

* TPP will effectively eliminate your voting rights on local and state issues since it will unconstitutionally grant investors of the 0.01 percent special privileges to challenge labeling and health and safety local laws and regulations of the 99 percent, which most people call voter suppression, but in this case it should be called voter elimination,

* TPP will offer new monopolies for Big Pharma to raise medicine prices they charge you (which redistributes income from the 99 to the 1 percent),

* TPP will limit food safety standards (which redistributes and transforms your health into the profits of the 1 percent),

* TPP will block financial regulations aimed at preventing the next financial crisis (which will make it easier for Wall Street to redistribute your income and wealth to the 1 percent). Bank of America Stands to Gain From This. The bank will be able to steal more money from you with less regulations, which will increase its profits, dividends and share prices, not to mention CEO bonuses. Bank of America is also spending millions of dollars on lobbyists in support of Fast Track and TPP.

* TPP will roll back the limited environmental regulations negotiated with other nations by the administration of President George W. Bush, which will give President Obama a worse environmental record than his predecessor, according to the Sierra Club.

* TPP will destroy millions of jobs in Latin America (230,000 in the textile industry of El Salvador alone) forcing millions of undocumented immigrants into the United States.

Yes, believe it or not, Wall Street Senator Ron Wyden supports this massive income and political power redistribution scam, as well as Fast Track, and corporate plutocrats such as Oregon Congresswoman Suzanne Bonamici, and Congressmen Earl Blumenauer and Kurt Schrader keep saying they haven’t made up their minds. What a corporate plutocrat shocker! Listen below to the video showing Senator Wyden using more than six minutes during a town hall to avoid the question of why he supports the Trans-Pacific Partnership.

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