I find it fascinating that the Republican Party puts Paul Ryan forward as their leading economist in the Congress. I find his budget and policies naive, incompetent, and heartless. Partly as a result of thinking such as his American children by the millions are in poverty. Here are the facts.
The arguments for fast-track are completely ridiculous.
The terms of the TPP and the TiSA are so secret that drafts of the negotiations are to remain classified for four years or five years, respectively, after the deals have been passed into law. How can laws be enforced against people and governments who are not allowed to know what was negotiated?
The TPP, TiSA and Transatlantic Trade and Investment Partnership (or TTIP, which covers Europe) will collectively encompass three-fourths of the world’s GDP; and they ultimately seek to encompass nearly 90 percent of GDP. Despite this enormous global impact, fast-track authority would allow the President to sign the deals before their terms have been made public, and send implementing legislation to Congress that cannot be amended or filibustered and is not subject to the constitutional requirement of a two-thirds treaty vote. Read full article.
As the Bilderberg meeting — a small element of the total control paradigm — takes place in Austria, Jon Rappoport examines the inevitable demise of the globalist capitalist system. he concludes:
The greatest economic matrix ever devised is blowing its engine.
The snake is eating its tail and radically eliminating needed consumers — this is a system that makes the rich poorer in the long run, perhaps one reason Lady Lynn Rothschild and the Black Sheep Billionaires are starting to reflect more deeply on inclusive capitalism, redemptive capitalism and heavens yes, even electoral reform and a preemptive protective decentralization of power and wealth intended to “stop the pitchforks.”
401(k)s, a scheme devised by financial interests to milk the middle class and promoted by the Republic Party, like all trickle down Randian economic schemes, have proven to be a disaster. Here is the real story; it isn’t pretty, and it is hardly acknowledged by American corporate media. But its impact is going to be tragically painful. I can find no example in the world where austerity conservative economic policies have produced increased wellness. But there are dozens of examples of their failure. Yet this is hardly mentioned in the campaigns — except by Bernie Sanders and Elizabeth Warren.