Trans-Pacific Partnership trade deal and Hillary Clinton

This video from the USA says about itself:

What is the Trans-Pacific Partnership?

5 December 2014

You may not have heard of the biggest trade deal in recent US history — and that’s the way world governments like it. So what is this thing? Why should it matter to you?

From daily News Line in Britain:

Saturday, 30 May 2015


WASHINGTON — The nation’s most powerful labour leader, vowing to defeat President Obama’s key trade legislation in the House next month, warned Hillary Clinton of serious political consequences if she fails to take a stand against the Pacific trade pact that the president is campaigning for as a major part of his legacy.

Richard Trumka, president of the AFL-CIO, predicted that no more than 20 House Democrats would vote for Trade Promotion Authority, the ‘fast-track’ bill that on Friday passed the Senate.

‘Thirteen Democrats left their base,’ he said of the Senate vote in an interview with Capital Download.

‘They decided to pass something that was going to cost jobs and lower wages, and they’re going to have to answer to their constituencies for that.’ He added: ‘They’ll be held accountable; there’s no question about that.’

Organised labour has been waging a fierce battle against the legislation, which would require Congress to approve or reject without amendments the Trans-Pacific Partnership, a trade deal among the United States and 12 other Pacific Rim nations. Many labour unions have frozen campaign donations as they lobby against it.

The battle between two customary allies – a Democratic president and the country’s biggest labour federation – underscores the complicated politics of Obama’s attempts to pass legislation through a Republican-controlled Congress during the final two years of his tenure.

It also exposes challenges ahead for Clinton, who praised the emerging Pacific pact as ‘the gold standard’ in her memoirs as Secretary of State but has avoided declaring her view of it since becoming a presidential candidate. Unfortunately, it falls far short of being the gold standard,’ Trumka told USA TODAY’s video newsmaker series in an interview at AFL-CIO headquarters, just across Lafayette Square from the White House.

‘It’s not silver. I’m not sure it’s copper or some other form of metal, but it’s not gold, because it’s going to cost us jobs and it’s going to lower wages in this country.’ Trumka said he didn’t know where Clinton now stood on the issue. ‘She’s going to have to answer that,’ he said. ‘I think she won’t be able to go through a campaign without answering that and people will take it seriously and it will affect whether they vote for her or don’t vote for her.’

If Clinton backs the trade pact and the fast-track authority, there will be costs, he cautioned. ‘It will be tougher to mobilise working people. It’ll be tougher to get them to come out excited and work to do door-knocking and leafleting and phone-banking and all the things that are going to be necessary if she is the candidate and we endorse her to get elected. It will make it far more difficult.’ It even is ‘conceivable’ that the AFL-CIO wouldn’t endorse a presidential candidate, he said, ‘if both candidates weren’t interested in raising wages and creating jobs.’

Asked whether Obama’s presidency had been good for working Americans, Trumka paused. ‘The president’s been seriously handicapped in his ability to deliver things for the American public, because you’ve got a determined opposition in the Republican Party that will actually hurt the country to deny him a victory,’ he began. But he added, ‘I wish he would have fought for some of the things that are needed as hard as he’s fighting for fast track and TPP.’

In the Senate vote, Trumka said he was surprised to have lost the support of Democratic senators Benjamin Cardin of Maryland, Chris Coons of Delaware and Patty Murray of Washington state. When the interviewer commented that it’s hard to defeat a president, Trumka replied: ‘We’ll see.’

PRO-KEYSTONE XL BANKS PAID CLINTON FOR SPEECHES “Two Canadian banks tightly connected to promoting the controversial Keystone XL pipeline in the United States either fully or partially paid for eight speeches made by former Secretary of State Hillary Clinton in the period not long before she announced her campaign for president. Those speeches put more than $1.6 million in the Democratic candidate’s pocket. Canadian Imperial Bank of Commerce and TD Bank were both primary sponsors of paid Clinton speeches in 2014 and early 2015, although only the former appears on the financial disclosure form she filed May 15. According to that document, CIBC paid Clinton $150,000 for a speech she gave in Whistler, British Columbia, on Jan. 22, 2015. Clinton reported that another five speeches she gave across Canada were paid for by tinePublic Inc., a promotional company known for hosting speeches by world leaders and celebrities. Another speech was reported as paid for by the think tank Canada 2020, while yet another speech was reportedly funded by the Vancouver Board of Trade. But a review of invitations, press releases and media reports for those seven other speeches reveals that they, too, were either sponsored by or directly involved the two banks.” In other Clinton news, Bernie Sanders may pose a serious challenge to the former secretary of State in Iowa. [Paul Blumenthal and Ryan Grim, HuffPost]

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