PBS: …Speaking at Cornell College in Mount Vernon, Iowa, as part of a two-day swing through the leadoff caucus state, Clinton said that she’s worried “about currency manipulation not being part of the agreement” and that “pharmaceutical companies may have gotten more benefits and patients fewer.”
“As of today, I am not in favor of what I have learned about it,” Clinton said, later adding, “I don’t believe it’s going to meet the high bar I have set.”
The Trans Pacific Partnership is the largest regional trade agreement in history. The U.S., Japan and 10 other nations finished crafting a deal Monday that cuts trade barriers, sets labor and environmental standards and protects multinational corporations’ intellectual property. But the accord still faces a battle in Congress, which has 90 days to review the agreement before voting on it. The deal faces a lower legislative hurdle than most proposals in Congress. Under so-called “fast-track” authority approved by Congress, the president may propose trade deals and have them approved on a simple majority vote, rather than the usual 60 votes required in the U.S. Senate… (more)
EDITOR: This may well open the door for Vice President Joe Biden to be the Democrat nominee for president. It is beyond dumb to alienate supporters of President Barack Obama. Her action will be perceived not only as the ultimate ‘flip-flop but also as a ‘knife in the back.’
