The corporate media are reporting that since the Republican leadership and President Obama support Fast Track trade authority, it is a done deal. And that message, also heard by countries negotiating the Trans-Pacific Partnership (TPP), is driving the race to finalize that agreement.
The truth is: Fast Track is not a done deal. There is bi-partisan opposition in Congress and a large movement of movements organized to stop it.
Across the political spectrum there is mass opposition to fast tracking the secretly negotiated TPP, the Transatlantic Trade and Investment Partnership (TTIP, aka TAFTA) and the Trade in Services Agreement (TISA). People remember the impact of NAFTA on job loss, destruction of Mexican agriculture, expansion of inequality, environmental degradation and increased immigration. The most recent South Korean trade pact, which Obama touts as a success, is leading to similar results of lost jobs and an expanding US trade deficits.
