*UPDATE*The TPP Cometh: Tyranny by Trade Deal
Many people know NAFTA has cost U.S. workers 700,000 jobs. But how many know another effect was to drive Mexican small farmers out of business?
In the brave new world of free trade, Costco makes tortilla chips and salsa in the U.S. and trucks them to its stores in Mexico.
Congress will soon debate whether to “fast-track” a trade deal that would make job-killers like NAFTA look puny. The Trans-Pacific Partnership would give corporations the right to sue national governments if they passed any law, regulation, or court ruling interfering with a corporation’s “expected future profits.”
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