I've been keeping up w/ the news fairly well this past week, but an off-comment to one of my posts about the proposed Dem jobs bill was my first inkling that Pres. Obama had pushed ahead in joining a smaller version of the Trans-Pacific Free Trade Zone, called the TPP or Trans-Pacific Partnership. It is made up of Australia, Brunei, Chile, New Zealand, Peru, Singapore, the US and Vietnam. So I Googled it wondering why I was so ignorant. There were exactly two hits for it in the media of western countries--the webpage of MSNBC cited by the DUer, and a mention buried toward the bottom of a story on Obama's interaction w/ the Chinese, in The Guardian. I found a much more expansive version on
a gov't website from Australia. Otherwise, unless you regularly read Singapore papers, you would have no way of learning of this move. Even critics from the left, like the blogs of
In These Times and
The Nation breathed nary a word.
My guess is that the President has absorbed the reasoning of U.S. int'l bankers who hold that since the European countries have formed the EU and the MidEast has OPEC and Latin America has the OAS and China is making short and long term pacts w/ countries all over the world, the U.S. has to have the most and the biggest trade alliances to remain a superpower. How we're suppossed to remain so all powerful w/ an economy on life support is apparently not part of the equation, though, to be fair, the int'l bankers have a truly religious faith in the economic benefits of unrestrained capital. Actually it goes beyond religion into the realm of superstition, as most religious tenets can't be proven or disproven, but, like superstitions, these economic beliefs persist despite being disproven over and over again.
Nor are the major unions posting anything about the agreement on their websites. I do have to wonder if the President's sudden interest in communing with Pennsylvanians is not somehow related.
At any rate, the media silence is downright spooky.