Obama Trade Document Leaked

[Stargazer]

This individual cannot be removed from the WH soon enough...

http://www.huffingtonpost.com/2012/0...6pLid%3D169383

Under the agreement currently being advocated by the Obama administration, American corporations would continue to be subject to domestic laws and regulations on the environment, banking and other issues. But foreign corporations operating within the U.S. would be permitted to appeal key American legal or regulatory rulings to an international tribunal. That international tribunal would be granted the power to overrule American law and impose trade sanctions on the United States for failing to abide by its rulings.

[glebo]

He (Obama) is out do destroy the American machine..incredible

[Team Sergeant]

Dick Cheney said it not me, but I sure believe it to be true.

And I concur with Ted Nugent and Glebo.

This train wreck is not over.

[Badger52]

He likes that word "fair." So it'll be fair to slap 45% import tariffs on Chinese solar-power components/products to give his green failure-to-compete donor company buddies "a level playing field."

I'm sure that move will put alternative energy within the reach of more Americans.

[Stargazer]

Of the countries involved in the TPP, three have a 'balance' where our trade exports exceed imports into our market. Those countries (jan-apr 2012) are : Vietnam -4723.7 mil; Malaysia -4236.0 mil; New Zealand -76.5 mil. In all the other countries the scale tips in our favor with Australia leading at 6902.3 mil.

If you read the TPP webpage put out by the government, they tout this agreement will increase our goods (US corporations and small/mid business owners) into these markets by leveling regulatory, and among other matters which impact fair trade.

Eight of the top ten countries with which we trade, import far more goods into our marketplace than the US exports to theirs. The only two where the balance tips in our favor: UK and Brazil..

(btw these numbers are for the month of April 2012)
Canada (NAFTA) -13,968.7 mil
China -91.363.9 mil
Mexico (NAFTA) -21,640.3 mil
Japan -26,651.20 mil
Germany -17,841.2 mil
S. Korea -4115.70 mil
Saudi -13,921.5 mil
France -3503.7 mil

Talk about missing the target.... perhaps they should try solving the discord between the U.S. and China markets.