“People of privilege will always risk their complete destruction rather than surrender any material part of their advantage. Intellectual myopia, often called stupidity, is no doubt a reason. But the privileged also feel that their privileges, however egregious they may seem to others, are a solemn, basic, God-given right.”
John Kenneth Galbraith
“For decades, we have had a trade policy that has been written by giant multi-national corporations to help giant multi-national corporations. They have no loyalty to America. They have no patriotism. If they can save a nickel by moving a job to Mexico, they’ll do it in a heartbeat. If they can continue a polluting plant by moving it to Vietnam, they’ll do it in a heartbeat.”
Elizabeth Warren
“At the heart of the TPP were new rights for thousands of corporations to sue the U.S. government before a panel of three corporate lawyers that could award unlimited sums, including for loss of future expected profits, to be paid by American taxpayers when the corporations claim U.S. policies violate the new entitlements the TPP would provide them.
The TPP also included extreme new monopoly protections for pharmaceutical firms that blocked competition and ensure high medicine prices. The deal’s environmental standards, negotiated by Democratic President Barack Obama’s trade ambassador Mike Froman, were a roll back from those included in the last four agreements negotiated by George W. Bush.”
Public Citizen, More Information on the Trans-Pacific Partnership
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“They have no loyalty to America ” She is right about that.