White House blues

Middle Class Prosperity Project with Senator Elizabeth Warren and Ranking Member Elijah Cummings

I’m not a trade expert. But the people I know who are say Warren’s right:

So far in her battle against President Barack Obama’s trade agenda, Sen. Elizabeth Warren has raised the specter of shady international courts invalidating U.S. laws and a cabal of business interests writing trade agreements in secret, smoky rooms.

Now she has a new complaint: If Congress gives Obama what he wants on fast-track trade authority, says Warren (D-Mass.), some future Republican president could use that power to gut the Dodd-Frank financial reform law and let Wall Street run wild once again.

 Supporters of the Trans-Pacific Partnership in the White House, Congress and the business community are growing increasingly alarmed at the escalating rhetoric. Warren’s arguments, these people say, are increasingly wide of the mark and easily rebutted. But administration officials are at odds over how aggressively to take her on, knowing that a sustained attack would only arouse her supporters in the progressive and labor movements.

Obama has already called Warren “wrong” on trade. But in private, administration officials fume in much more colorful terms over Warren’s attacks, calling them “baseless” and “desperate,” with “no bearing or relation to anything we are doing.” They also suggest the Massachusetts senator knows going after trade deals will only further energize the “Draft Warren” movement that desperately wants her to run for president.

3 thoughts on “White House blues

  1. And the most patently offensive rhetoric of all is the demand that we release the text so that the public can decide. Who gives a shit what they think. That’s why there’s a fast track in the first place!

  2. Yeah. As Lless says. Baseless, desperate objections with no bearing on anything, and you know that because they can’t tell anyone what’s in the agreement because then somebody might have baseless and desperate objections.

    Be nice if they miscalculated for once in their assessment of just how stupid they think we are.

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