Pacific trade ministers have reached a deal on the most sweeping — and to many the most controversial — trade liberalization pact in a generation, in a move that will cut trade barriers and set common standards across the bloc, but potentially at a cost to consumers and employees, say public health advocates, environmentalists and labor groups.
Leaders from a dozen Pacific Rim nations are poised to announce the pact later on Monday. The deal could reshape industries and influence everything from the price of cheese to the cost of cancer treatments.
The Trans-Pacific Partnership would affect 40 percent of the world economy and would stand as a legacy-defining achievement for U.S. President Barack Obama, if it is ratified by Congress.
Lawmakers in other TPP countries must also approve the deal.
You can read the rest @
http://america.aljazeera.com/articles/2015/10/5/12-Nation-pacific-trade-pact-reached.html
A great day for oligarchs, bankgangsters, and corporations, but a truly sad day for We The People.
Urge your Representatives and Senators to vote NO on TPP, TTIP, and TISA ... not that they ever listen to us.
If this passes, welcome to the market state on steroids.
Q: Was Speaker of the House John Boehner bribed out of office to help pass TPP or to help defeat it?
A: We'll soon know. But keep in mind that those who want it to pass have more money to spend than those who want it defeated.
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