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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHillary Clinton Opposes Major Obama Trade Policy
Hillary Clinton is opposed to a critical piece of the Obama administration's Trans-Pacific Partnership, which would give corporations the right to sue sovereign nations over laws or regulations that could potentially curb their profits.
The policy position is contained in her book Hard Choices, and was confirmed to HuffPost by a spokesperson for her presidential campaign. Obama and congressional Democrats are locked in a bitter public feud over TPP -- a deal between 12 Pacific nations -- with much of the controversy derived from concerns it will undermine regulatory standards.
Clinton writes in her book:
http://www.huffingtonpost.com/2015/04/30/hillary-clinton-trans-pacific-partnership_n_7173108.html
NYC_SKP
(68,644 posts)She is a Global Corporatist and supported the TPP last year. Funny how she's now against a tiny part of it...
Chief advocate for Trans-Pacific Partnership (TPP)
Clinton saw herself in the middle of the North American Free Trade Agreement (NAFTA) during her husband's presidency. She supported deals with Oman, Chile and Singapore during her tenure in the Senate. As secretary of State, she was a chief advocate as talks commenced surrounding the Trans-Pacific Partnership (TPP), one of the largest worldwide deals in recent history.
Source: Megan R. Wilson in TheHill.com weblog, "Clinton vs. Warren" , Aug 24, 2014
TPP agreement creates more growth and better growth
At the State Department, Clinton didn't address specifics in the negotiating process, but told attendees at an Asia-Pacific Economic Cooperation (APEC) forum conference that she hoped it would "create a new high standard for multilateral free trade."
Critics have said that the agreement would ease regulations protecting both laborers & the environment, despite claims from Clinton to the contrary: "Our goal for TPP is to create not just more growth, but better growth. We believe the TPP needs to include strong protections for workers, the environment, intellectual property, and innovation," Clinton said at the event in 2011. "It should also promote the free flow of information technology and the spread of green technology, as well as the coherence of our regulatory system and the efficiency of supply chains."
Source: Megan R. Wilson in TheHill.com weblog, "Clinton vs. Warren" , Aug 24, 2014
Defended outsourcing of US jobs to India
In India, she defended American outsourcing of jobs--which benefits India enormously--and predicted that it would continue and grow. Outsourcing will continue, Mrs. Clinton said in New Delhi. There is no way to legislate against reality... We are not in favor of putting up fences. Hillary acknowledged the pressures to curb outsourcing: I have to be frank, she said. People in my country are losing their jobs, and the US policymakers need to address this issue.
Source: Condi vs. Hillary, by Dick Morris, p.165 , Oct 11, 2005
http://www.ontheissues.org/2016/Hillary_Clinton_Free_Trade.htm
I don't trust her.
pampango
(24,692 posts)Fortunately, Wilson, FDR and Truman were not 'corporate' globalists. And they proposed and supported progressive programs and policies at home. Harding, Coolidge and Hoover were corporate 'non-globalists'. The 'corporate' part is the bad part.
seabeyond
(110,159 posts)good to hear she opposes that piece, anyway.
djean111
(14,255 posts)but that part of the TPP, like all of the TPP, cannot be changed or deleted if Obama is given Fast Track.
Being opposed to Fast Track would be a lot more productive and meaningful; being opposed to something that cannot be changed is easy.
PoliticAverse
(26,366 posts)tridim
(45,358 posts)I'm glad Clinton agrees.