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Sunday, June 12, 2016

TPP Collusion between Obama administration and Wall Street Bankers

By Douglas V. Gibbs,
AuthorSpeaker,InstructorRadio Host

No surprise, here.  But rather than try to write about it myself, let me give you the first few paragraphs of the Liberty Beacon article, and then the link:

Emails Show TPP ‘Collusion’ Between Big Banks and the Obama Administration

Emails obtained through Freedom of Information Act (FOIA) show U.S. Trade Rep. Michael Froman discussing TPP with Goldman Sachs lobbyists

By: Nadia Prupis

A series of emails released Friday show what activists describe as “collusion” between U.S. Trade Representative Michael Froman and Wall Street executives to push for the passage the controversial Trans-Pacific Partnership (TPP).

The emails (pdf), obtained through a Freedom of Information Act (FOIA) request by the group Rootstrikers, which organizes against money in politics, include a message to Froman from a managing director at Goldman Sachs urging him to push for “robust commitments” on Investor-State Dispute Settlement (ISDS) provisions—which allow private corporations to sue governments for perceived loss of profits—to be included in the divisive trade deal.

“I wanted to underscore how important it is for the financial services industry to get robust commitments on ISDS in the agreement… denying our industry the same rights as enjoyed by every other sector would be terribly unfortunate,” the email states.

-- Political Pistachio Conservative News and Commentary

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