Sunday, April 19, 2015

Fast Track: An Undemocratic Path to Unfair "Trade"

This is among the most toxic plans which is being propelled forward under our noses with the expected lack of exposure by the American corporate media. The consequences of this would be catastrophic. Stopping Fast Track is essential. 
~ Molly

************
left

Unprecedented Coalition Opposes Fast Track – See letter

President Obama is asking Congress to delegate to him extreme Fast Track authority to railroad into place job-killing trade agreements like the Trans-Pacific Partnership (TPP).

Fast Track was an extreme and rarely-used procedure initially created by President Richard Nixon to get around public debate and congressional oversight. Fast Track is how we got into the job-killing, wage-flattening North American Free Trade Agreement (NAFTA) and the World Trade Organization (WTO). Thanks to Fast Track, NAFTA and the WTO included terms that promote the offshoring of U.S. jobs to low-wage countries.

Fast Track also empowered executive branch officials advised by large corporations to skirt Congress and the public and use secretive "trade" agreements to roll back a wide range of non-trade policies on which our families rely for safe food, a clean environment, affordable medicines, financial stability and more.

Fast Track set up a system of more than 500 official corporate U.S. trade advisors who have access to secret trade agreement texts and who have set the "U.S." trade agenda whether we have Democratic or Republican presidents.

Fast Track is such an extreme power grab that in the past 21 years Congress has only allowed it to go into effect for five years total. Why? Because under the U.S. Constitution, Congress is supposed to write the laws and set trade policy. For 200 years, these key checks and balances helped ensure that no one branch of government had too much power. But, starting with Nixon, presidents have tried to seize those congressional powers using the Fast Track mechanism. 
 
Please continue this article here: http://www.citizen.org/fast-track.

No comments: