The Trans Pacific Partnership (TPP) is the largest freely redistributing your income into the pockets of the rich treaty ever signed. It will jack up prices most people pay for pharmaceutical medications, for example. Wall Street Senator’s Ron Wyden, Orrin Hatch, Mitch McConnell and Wall Street President Barack Obama want you to believe that they are redistributing your income and wealth to the rich on your behalf. The TPP is sitting in congress as we speak, while President Obama is sitting in the White House, anxiously awaiting senate and house approval of the treaty so he can sign the treaty, before more and more Americans realize what a massive “corporate giveaway,” the TPP is, according to US Congressman Keith Ellison. The president wants to fast track this monstrous assault on the American people. Fast track means no debate in congress, just and up and down vote. If there was a debate, word would get out and the American people would be informed as to what the TPP is, even though the so-called corporate press, otherwise and more appropriately known as the corporate propaganda machine, has done its best to keep Americans ignorant of the TPP, which the Guardian newspaper of England calls “NAFTA on Steroids.”
Big Pharma became involved in the negotiations in a big way. 600 corporate lobbyists have been involved in the intensely secret negotiations of the TPP. What has Big Pharma gotten from Obama, Wyden, Hatch, McConnell, not to mention dozens of other Republicans and Democrats, via the TPP?
“It (lobbying) is an investment that appears to have paid off. The TPP is quite friendly to drug manufacturers, strengthening patent exclusivity and providing protections against bulk government purchasing (should it hurt profits). At the behest of the pharmaceutical industry, the U.S. is also pushing to limit the ability of national regulatory agencies to support generic drug development. All of this suggests that the active lobbying has paid off. The result is going to be higher drug prices for the 99 percent, which will be demonstrated with higher Big Pharma profits, which goes to the 1 percent via higher dividends and share prices. Ergo, the TPP is a big income redistribution scam, and not just for Big Pharma. BTW, Big Pharma is already the number one most profitable industry in the United States. Now Wyden and the others want to make it even more profitable, but at your expense.
The more important question is, Why do Hatch, McConnell, Obama, Wyden and many other politicians want you and others around the world to pay for higher drug prices? Oh, that’s right. On the surface it appears that the TPP is all about profits, and Wall Street gains. And that’s true. But it’s even more true that the TPP is about political corruption on the highest levels of government. The current US government has been one of the most corrupt in history, and we’re talking about thirty years of immense political corruption. That’s why the game is rigged against the 99 percent. Wyden is a classic and most obvious example of this corruption.
Now check out the graph below.
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