Mirabile Dictu! Reid Tells Off Obama on Fast Track, Killing Toxic Trade Deals for 2014


Naked Capitalism has the article Mirabile Dictu! Reid Tells Off Obama on Fast Track, Killing Toxic Trade Deals for 2014.

Obama made yet another pitch in State of the Union Address for his gimmies to multinationals known as the TransPacific Partnership and the TransAtlantic Trade and Investment Partnership. Today that idea went down in flames, at least as far as getting the deals done this year are concerned. From Huffington Post:

“I’m against fast track,” [Harry] Reid told reporters Wednesday on Capitol Hill, before suggesting a fast-track bill introduced by Sen. Max Baucus (D-Mont.) may not get a vote.

“We’ll see. Everyone knows how I feel about this. Senator Baucus knows, [potential backer] Sen. [Ron] Wyden knows. The White House knows.”

Indeed, Reid cautioned the president and his allies to back off.

“I think everyone would be well advised just to not push this right now,” the majority leader said.


When I heard this part of the SOTU address, I almost threw-up. How could he have said all he said about correcting inequality, and still think the TPP was a good idea? Given all the opposition from so many places, who is it that has him by the balls that he would even favor this let alone try to ram it through?

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