Hillary Clinton is opposed to a critical piece of the Obama administration's Trans-Pacific Partnership, which would give corporations the right to sue sovereign nations over laws or regulations that could potentially curb their profits.Do you know who also was opposed to "special favors" for bushiness interests written into trade deals?
The policy position is contained in her book Hard Choices, and was confirmed to HuffPost by a spokesperson for her presidential campaign. Obama and congressional Democrats are locked in a bitter public feud over TPP -- a deal between 12 Pacific nations -- with much of the controversy derived from concerns it will undermine regulatory standards.
Clinton writes in her book:
Currently the United States is negotiating comprehensive agreements with eleven countries in Asia and in North and South America, and with the European Union. We should be focused on ending currency manipulation, environmental destruction, and miserable working conditions in developing countries, as well as harmonizing regulations with the EU. And we should avoid some of the provisions sought by business interests, including our own, like giving them or their investors the power to sue foreign governments to weaken their environmental and public health rules, as Philip Morris is already trying to do in Australia. The United States should be advocating a level and fair playing field, not special favors. (Emphasis added.)
Barack Obama while he was running for President.
BILL MOYERS: During the 2008 campaign, candidate Obama was skeptical about NAFTA. Here's what he said then.And now Hillary is running for President. Hillary's husband sold us NAFTA in the first place. Why do we pretend she can possibly be the voice of the opposition here.
KEITH OLBERMAN: Scrap NAFTA, Senator Obama, or fix it?
PRESIDENT OBAMA: I would immediately call the president of Mexico, the president of Canada to try to amend NAFTA, because I think that we can get labor agreements in that agreement right now. And it should reflect the basic principle that our trade agreements should not just be good for Wall Street, it should also be good for Main Street. And the problem that we've had is that we've had corporate lobbyists oftentimes involved in negotiating these trade agreements. But the AFL-CIO hasn't been involved. Ordinary working people have not been involved. And we've got to make sure that our agreements are good for everybody. Because globalization right now is creating winners and losers. But the problem is, it's the same winners and the same losers each and every time.