MAY 8, 2015 -- Ian Bremmer in Time Magazine (5/11/15) writes: "The Trans-Pacific Partnership could help the U.S. counter China and Asia."
so, why not let Congress debate and amend the agreement, like we do all
treaties? President Obama won't let Congress debate and amend the agreement
because he knows that the bad provisions in the agreement will be amended
by Congress. In 2010, the United States Senate considered over a dozen
amendments to the Start Treaty. Why not debate and amend the TPP? I voted
for NAFTA with Canada because Canada has the same standard of living provisions
as the U.S. Mexico doesn't, so I voted against NAFTA with Mexico. We were
promised that NAFTA with Mexico would increase 200,000 jobs in the U.S.
Instead, we lost over a million jobs. These free trade agreements only
open markets for the multinationals but they damage the U.S. economy.
War II, Japan closed its market, subsidized its manufacture, and sold
its manufactured exports at cost; making up the profit in the closed market.
As a result, General Motors and Detroit were forced into bankruptcy and
the textile industry in South Carolina was decimated. We have the skills
in SC to produce the "ultimate driving machine for BMW" and
Boeing's Globemaster but we still have 6.7% unemployment because we've
lost our textile industry to Japan. Not long ago, Ford's Vice President
was complaining that he couldn't sell any Fords in Tokyo because of its
closed market. I want to see if TPP opens the closed market of Japan.
I want to make sure that foreign corporations are not given special rights
to sue the United States for loss of profits with the determination made
by some international tribunal rather than the legal system of the United
of American Presidents is to fix the vote of the trade leadership in the
House and Senate on trade agreements. Once the trade leadership is fixed,
the President pressures for fast track treatment, with no amendments,
and an up or down vote. Treaties between governments are submitted to
the Senate to debate, amend and then sent to the President for ratification.
The Senate is allowed to debate and amend treaties, why not the TPP agreement?
Obama announced his "pivot to Asia" by deploying 2500 Marines
to Australia. At the time, the President didn't mention trade with China
or Asia. Corporate America was building China's economy as it exported
or offshored the U.S. economy - mainly to China. Wall Street, the big
banks, and Corporate America want to keep the China profits flowing, so
they contribute to the President and Congress to not compete in globalization;
to not enforce our trade laws against closed markets and predatory practices;
to do nothing to attract Corporate America's investment and production
in America; to do nothing to protect and build the U.S. economy. The President
and Congress do nothing but fundraise.
President Obama and Congress keep assuming that China is the adversary while Corporate America treats China as its best friend. The exact opposite should occur. Corporate America should be investing and producing in the United States and competing with China's production. The U.S. foreign policy with China must be applied with more understanding. When the Chinese spilled over the Yalu River into North Korea in the Korean War, the U.S. retreated to the 38th parallel. We could have had victory in the Vietnam War in two months by bombing North Vietnam but we spent ten years losing because we were fearful that our going above Hanoi would cause China to come into Vietnam.
States is sensitive about casualties while China is not.
than leading with the military, the U.S. ought to be leading with the
Good Neighbor or economic in foreign policy. It would have been better
to include China in the Trans- Pacific Partnership Agreement.
Senator Fritz Hollings of South Carolina served 38 years in the United States Senate, and for many years was Chairman of the Commerce, Space, Science & Transportation Committee. He is the author of Making Government Work (University of South Carolina Press, 2008).
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