As the Senate Prepares to Vote on “Fast Track,” Here’s a Quick Primer on the Dangers of the TPP - InvestingChannel

As the Senate Prepares to Vote on “Fast Track,” Here’s a Quick Primer on the Dangers of the TPP

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Trying to learn about the Trans-Pacific Partnership, or TPP, is like trying to walk through a minefield. The only information we really have is courtesy of leaks, and those snippets are definitely not encouraging.

Pretty much every piece of major legislation passed by Congress since 9/11 is either a taxpayer giveaway to mega corporations, or a major expansion of government power. The worst pieces of legislation are always marketed with positive sounding terms and soundbites. The latest swindle is no exception. At its core, the TPP appears to be nothing more than a ceding of national sovereignty to multi-national corporations. Then again, us skeptics could be wrong about that, but chances are we’re not. We just don’t know because the text is “classified.”

Read more here.