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diabeticman

(3,121 posts)
Sat Apr 25, 2015, 01:11 PM Apr 2015

Concerns and worries about TPP

My wife talked to me about this last night.

This is a list of countries involved in TPP in some way:

http://en.wikipedia.org/wiki/Trans-Pacific_Partnership

This is a broad range of countries with different cultural and economic beliefs and systems and her fear with EVERYTHING she has read. President Obama's side and Elizabeth Warren side. These are the questions that still remain unsettled in her head.

Here is a list of Multinational Corporations that have deep roots in America.

http://en.wikipedia.org/wiki/List_of_multinational_corporations

Some of these companies are Walmart, McDonalds, Pepsi Co, Coke Cola, Lockheed Martin etc. These are well known companies and let's face it have a huge impact on The US economy and workers.

Now here is another list of Countries Min wages:

http://en.wikipedia.org/wiki/List_of_minimum_wages_by_country

Now here is where the concern comes in:

Australia has a Min wage of about $16.78 and Canada averages $10-$11 dollars and then you have countries like Brunei which has NO min wage. What is to stop McDonalds or Walmart going to this International Corporate court to say Our average profits for this month or this quarter is this much money However because Australia and Canada have this Min wage law which is cutting into our average profits.

These is the concern of a lot of us on this board. We have seen President Obama do A LOT of good but then there are things that just make us scream in frustration.

People says The worse fears isn't going to happen that Elizabeth Warren and Sharrod Brown are wrong lying and trying to score political points but we have seen where things aren't always in the best interest of the American People.

I will give an example that right now even though Millions of Americans are getting health care through the ACA BUT how many are in the same position as my wife. She got health insurance through her staffing agency and pays about $100.00 a month. As some of you know she has had issues with depression right now and went to see her PCP. She has seen the PCP twice and has done some blood labs and the total medical bill has been $500.00 right now. The insurance company is fighting my wife. THEY are refusing to pay for any of the doctor's visits. They are refusing to pay for the lab work. The first bill was $200 + and they first rejected it stating that she wasn't covered at the time. She had made her first payment in January so that in fact she would be covered in Feb when she went to the first appointment. Again they "put it through" a few weeks later they had rejected both visits and the blood labs and my wife asked my step mother for help who is a paralegal and looked at my wife's policy and talked to the company on the phone for an hour proving that the policy my wife had should be covering. She has in fact stop going to see her doctor until it is resolved. They again sent rejection notes again stating regular PCP visits aren't covered anymore.

My wife and I BOTH fear that TPP is going to make things worse. We honestly have been reading everything we can trying to understand it all. Right now we believe Sanders, Warren and Brown. Harry Reid has come out against fast track. Reid is retiring. What does he need "political capital" for?

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Concerns and worries about TPP (Original Post) diabeticman Apr 2015 OP
NAFTA on steroids. Right after high school I earned $11.75/hr. 1976, no degree. NYC_SKP Apr 2015 #1
Who controls wages? JaneyVee Apr 2015 #3
We are Left guessing 99th_Monkey Apr 2015 #2
please see this thread- mopinko Apr 2015 #4
 

NYC_SKP

(68,644 posts)
1. NAFTA on steroids. Right after high school I earned $11.75/hr. 1976, no degree.
Sat Apr 25, 2015, 01:17 PM
Apr 2015

Wages have actually dropped to record low levels, benefits are a thing of the past.

Unless you're in the club.

Don't expect Hillary Clinton to help.

 

99th_Monkey

(19,326 posts)
2. We are Left guessing
Sat Apr 25, 2015, 01:32 PM
Apr 2015

since it's he closely guarded secret known only to 600 mega-corporate lawyers & lobbyists.

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