Nancy Pelosi said of Obamacare, “Congress has to pass it to find out what’s in it.”
Obama wants to do her one better with Obamatrade: We’ll have to wait four years after Congress passes it to find out what’s in it.
That’s one of the shocking facts that came to light when Wikileaks exposed the text of the TransPacific Partnership, the super-secret international regulatory agreement the Obama administration is preparing to ram through Congress next month.
When you read what is in this agreement, you understand why the administration wants to keep us in the dark.
If Obama, Speaker Boehner and Leader McConnell have their way and Congress approves this deal, U.N. tribunals will be able to nullify American laws – local, state and federal – and award taxpayer money to foreign cronies.
Don’t just take my word for it. The New York Times, not known as a fever swamp of black helicopter musings, describes Obamatrade as a cornerstone of Obama’s agenda and reports it “would grant broad powers to multinational companies operating in North America, South America and Asia. Under the accord, still under negotiation but nearing completion, companies and investors would be empowered to challenge regulations, rules, government actions and court rulings – federal, state or local – before tribunals organized under the World Bank or the United Nations.”
So a cornerstone of Obama’s agenda is to create an authority higher than the Supreme Court – secret, unelected U.N. tribunals with the power to overrule American lawmakers and courts. What part of this is consistent with the oath he swore to preserve protect and defend the Constitution?
This is a clear attack on our national sovereignty and our Constitution. Is this what Obama meant when he promised to fundamentally transform America?
Is he Andreas Lubitz in the Oval Office, setting the nation on a steady, gradual yet deliberate path to oblivion?
These international tribunals, known as Investor-State Dispute Settlement, or ISDS, are such an abomination that even the CATO Institute, which reflexively supports anything labeled “free trade,” rejects them. CATO says it’s “unnecessary, unreasonable, and unwise” to “confer special legal privileges on foreign-invested companies” with these U.N. tribunals staffed by and reserved for corporatist cronies.
The Wikileaks document dump reveals what Obama means when he says he will write the “rules for the world’s economy” with this mislabeled “free trade” agreement: He will establish a separate but unequal judicial system for his globalist corporate paymasters to prey on American citizens with no appeal possible.
Congress will take the first step in implementing Obama’s dystopian vision next month when it considers granting extraordinary fast-track trade promotion authority power to the president.
If fast track is adopted, Obama’s Constitution-shredding global regulatory agreement would need only a simple majority, not two-thirds approval in the Senate, to become the law of the land. Further, Congress would be unable to amend as much as one word of the agreement Obama sends up to the Hill.
And, as we now know, they wouldn’t be able to read it – until four years after they pass it.