Michael Hudson: Fast-Track for Whom? + Julian Assange on the #TPP: Secretive Deal Isn’t About Trade, But Corporate Control

#TPP - Expressway to Trade Hell bumper sticker on my car

Image by Dandelion Salad via Flickr

with Michael Hudson
Writer, Dandelion Salad
May 27, 2015

TheRealNews on May 26, 2015

Michael Hudson says fast track legislation takes decision-making power out of the hands of the legislators and puts it in the hands of corporate lobbyists.


Michael Hudson is a former Wall Street economist. A Distinguished Research Professor at University of Missouri, Kansas City (UMKC), he is the author of many books, including Super Imperialism: The Economic Strategy of American Empire (new ed., Pluto Press, 2002) and Trade, Development and Foreign Debt: A History of Theories of Polarization v. Convergence in the World Economy. His book summarizing his economic theories, The Bubble and Beyond, is now available. His latest book is Finance Capitalism and Its Discontents. His upcoming book is titled Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy. He can be reached via his website, mh@michael-hudson.com.


TPP…Is This the Tipping Point for Corporatism?

The Big Picture RT on May 27, 2015

America’s Lawyer Mike Papantonio, Ring of Fire Radio joins Thom. The Senate voted to give the president “fast-track” authority. Are we watching the sun set on American Democracy?


Julian Assange on the TPP: Secretive Deal Isn’t About Trade, But Corporate Control

Democracy Now! on May 27, 2015

http://democracynow.org – As negotiations continue, WikiLeaks has published leaked chapters of the secret Trans-Pacific Partnership — a global trade deal between the United States and 11 other countries. The TPP would cover 40 percent of the global economy, but details have been concealed from the public. A recently disclosed “Investment Chapter” highlights the intent of U.S.-led negotiators to create a tribunal where corporations can sue governments if their laws interfere with a company’s claimed future profits. WikiLeaks founder Julian Assange warns the plan could chill the adoption of health and environmental regulations.

from the archives

The Trans-Pacific Partnership (#TPP) and the Death of the Republic by Ellen Brown + Obama, Corporate “Free Traitors” and You! by Ralph Nader

Secretive #TPP Trade Deal is a Threat to Democracy + Bernie Sanders: No Fast Track for the TPP

Secret Trans-Pacific Partnership Agreement (#TPP) – Investment Chapter

see also

Tell your Trade Minister: Don’t Censor the Internet (Take Action)

Stop Calling the TPP a Trade Agreement – It Isn’t

Breaking! Analysis of Just Introduced Fast Track Bill

Tools for Organizing Creative Actions (lots of ways to be involved)

Congress: Don’t betray democracy! No “Fast Track” for the TPP! (Take Action)

18 thoughts on “Michael Hudson: Fast-Track for Whom? + Julian Assange on the #TPP: Secretive Deal Isn’t About Trade, But Corporate Control

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  3. Pingback: Ellen Brown: Obama’s Secret Trade Deal Serves Corporations and Banks | Dandelion Salad

  4. Pingback: The Alice in Wonderland World of Fast-tracked Secret Trade Agreements by Ellen Brown | Dandelion Salad

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  7. Papantonio is right. I reckon the US is in for a really big surprise, when everyone wakes up one morning to the blinding realisation that the entire country has been transformed, literally overnight, into an Asian colony.

    Not possible? I beg to differ. What does neo-liberal free-marketing really mean? It means you can buy up anything, anyone else claims to own, like Africa or the Moon. So who owns Raytheon or GE or Boeing? The majority shareholders. In a free trade market world that means those who have the gold, control the assets. Once you own it all, it’s merely a matter of having enough magicians to keep the whole system running, and protect it from calamity…ha ha ha, like climate disintegration, monoculture collapse, tectonic disaster or ocean exhaustion.

    Why on Earth would China fight an American war with reams of roboticised clones and lookalike destroyers when all they need to do is gain the controlling interest in the key components of the international war/food/extraction industries according to “Western” free trade principles?

    Ridiculous you may protest, the Pentagon being run from Beijing? Why not! virtually every element of US security has already been privatised ~ and since everyone else has nuclear/biological capabilities anyway, the whole fragmented, antediluvian and superannuated contraption of “defense” is a lethal farce.

    So, what distinguishes Israel’s Rafael ADS say, from similar US corporate activities? Clearly the difference is in the controlling interest.

    RADS Ltd is owned and operated directly by the Israeli govt.

    I’d say, best watch this space folks, the Oriental game of GO is full of surprises ~ and time has an entirely other meaning to those best skilled or proficient in the archetypal 64 martial arts.

    • Thanks Lo. Assange adds more astonishing context. Talk about reverse robin hood….

      …what’s so extraordinary is that this monstrous deception is peddled as mercantile holy writ, the necessary and inevitable institutionalised worship and apotheosis of casino economics…all in the name of our “sovereign” right to “freely” invest in ecocide, remain addicted to blood dividends from criminal war industries (the real business,) & actually deny our humanity in order to become voluntarily enslaved to dictatorial prescriptions for ruthless exploitation and cruel greed, happily extinguishing all biospheric integrity & sentient well-being ….no, of course we’re not really that sick a species are we? this must be pure socio-political morality surely, planetary intelligence cubed, absolute goodness incarnate!!

  8. Is President Obama just asleep at the wheel, or is he simply chauffeur-in-chief to the Syndicated Robber Barons (…in old money ~ admiral of the buccaneer fleet New Age of Corporate Anarchy?

    We remember those days, the veterans of the Koch ‘n Gates wars’ll be telling their young’uns, when Uncle Sam lost all his precious marbles and they stole the whole darned country….stripes ‘n all

    • He’s not asleep at the wheel, this is one of his most important deals. It’s him and the Republicans in the House and Senate all so nicely joined together to further corporate control of the world.

      • Three excellent and I’d say accurate descriptive posts of the current state of affairs and the potential problems/calamities for the near future by David Llewllyn Foster. I certainly agree!

        And Lo, you’re correct. The “Frequent Fibber” ((after six years, I’m tired of calling him the Dronebama) is “not asleep at the wheel.” He’s carrying out the assignments which the power-elite selected him for. You said it very well in two sentences. Thanks for not being psychologically and politically “fleeced” by the faux liberal/progressive charlatans.

        Read the latest by Jack Rasmus on the state of affairs in an article he wrote for TeleSur. It’s excellent!

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