January, 13 2016, 10:15am EDT

TPP Is Obama's #1 2016 Priority: Why Only 28 Seconds in the SOTU?
Statement of Lori Wallach, Director, Public Citizen’s Global Trade Watch
WASHINGTON
"Obama only dedicated 28 seconds of his final State of the Union address to the TPP, his self-proclaimed top 2016 priority, but that beat the number of Congress people who stood to cheer for the controversial agreement.
As the cabinet fans out this week to amplify President Obama's 2016 goals, we will see if they are ginning up support for the pact.
TPP's prospects for passage are uncertain at best with GOP that supported Obama's trade authority bid opposing the TPP, Democratic opposition solidifying over ire with the final TPP text on access to medicines, the environment and more, and every presidential candidate of either party with more than 10 percent support in any state also opposed.
Obama's unexpectedly brief mention of the TPP may simply reflects that the pact is very unpopular across the political spectrum and talking about it more only makes opposition grow."
SOTU Fact Check on TPP Claims
Below are fact checks of TPP claims made by Obama in tonight's SOTU address.
The TPP=18,000 Tax Cuts Red Herring:
The administration has tried to shift focus to a "tax cut" narrative to sell the TPP with a mantra about 18,000 tax cuts for U.S. exported goods. But last year, the United States exported goods in less than half of the 18,000 tariff categories. By using the raw number of tariff lines cut with respect to the five nations with which we do not already have FTAs (Japan, Malaysia, Vietnam, New Zealand and Brunei), the administration distracts from the real question: Do 18,000 tariff cuts equate to more U.S. exports or jobs? For the nearly 7,500 categories of goods out of the claimed 18,000 for which we did sell anything, almost 50 percent had sales under $500,000. Many items we simply do not sell, including those that the administration claims the TPP's weak environmental chapter will help conserve. Among the 18,000 tax cuts are Malaysia's shark fin tariffs, Vietnam's whale meat tariffs and Japan's ivory tariffs. The administration's "TPP Guide to 18,000 Tax Cuts" also bizarrely highlights goods TPP nations simply do not buy in volume from anyone. Consider the 34 percent "tax" cut by Vietnam on Alaskan caviar. In 2014, Vietnam's per capita GDP was about $2,000, and about $150,000 worth of caviar was imported by Vietnam from anywhere. Or Vietnam's 5 percent tariff on skis from Colorado. Vietnam imported only about $50,000 in skis in total. Other highlights: Vietnam and Japan will eliminate their tariffs on silkworm cocoons, Brunei will cut its tariff on ski boots and Vietnam will eliminate its tariff on camels. Almost 2,000 of the tariff reductions in the products we do sell won't be realized for over a decade or more, including beef and pork to Japan.
TPP Is Not About the U.S. Writing the Rules Versus China Doing So - TPP's Rules Are Those Demanded by its 500 Official Corporate Trade Advisers:
Trying to paint the TPP as a way for America to write the rules in Asia so that China does not is a misdirect. The TPP is not about establishing "American" rules in Asia. It's about imposing rules that are favored by the 500 official U.S. corporate trade advisers who had a privileged role in developing the TPP. The TPP rules promote more U.S. job offshoring and would further gut the U.S. manufacturing base, even as a recent Department of Defense report warned that U.S. deindustrialization poses a threat to national security. The TPP would ban the application of Buy America procurement preferences with respect to all firms operating in TPP countries. Instead of reinvesting our tax dollars at home to build a strong national infrastructure and create economic growth and jobs at home, the TPP would require us to give firms from the TPP nations, including Chinese state-owned-enterprise firms operating in Vietnam, equal access to U.S. government contracts. The TPP also would raise our energy prices and undermine our energy independence given we could no longer halt liquid natural gas (LNG) exports to TPP nations, including major LNG purchaser Japan. The TPP's expanded patent and copyright monopolies would raise American health care costs and thwart innovation. And, even if you believe that TPP actually is about writing rules aimed at affecting China, who in their right mind believes that China would actually abide by those rules or that the U.S. would enforce them effectively? Fifteen years after China joined the WTO, we're still waiting for China to comply with the commitments they made. And we are still waiting for any U.S. administration to broadly and effectively enforce U.S. rights.
American Jobs at Risk, Not Created:
The TPP includes rules that make it cheaper and less risky to offshore U.S. jobs to low-wage nations. The pro-free trade Cato Institute calls these investor protections a subsidy on offshoring. The administration stopped claiming the TPP would create jobs after a four-Pinocchio rating by the The Washington Post fact checker. Since the North American Free Trade Agreement, more than 57,000 U.S. manufacturing facilities have closed and five million U.S. manufacturing jobs - one in four - were lost, with more than 875,000 U.S. workers certified under just one narrow U.S. Department of Labor program.
The TPP Threatens Environment and Climate:
The environmental groups that have celebrated Obama's achievements with the global climate treaty and his decision to the stop the Keystone XL pipeline call the TPP an act of "climate denial." The pact would roll back the environmental standards that President George W. Bush was pressured into including in his trade deals. Indeed, in a recent Newsweek op-ed, the Cato Institute celebrated the TPP's watered-down environmental terms. Environmental groups listed on the White House website as supporting the deal, including NRDC and Defenders of Wildlife, in fact came out in opposition after seeing the final text.
Increased Income Inequality:
A recent study found that the TPP would spell a pay cut for all but the richest 10 percent of U.S. workers by exacerbating income inequality, as past trade deals have done. That would contradict Obama's 2015 SOTU income inequality reduction goal. Macroeconomic theory predicts that if Americans face more competition from Vietnamese workers who make less than 65 cents an hour, wages will be pushed downward. Historically, 60 percent of U.S. manufacturing workers who lose jobs to trade and find reemployment face pay cuts, with one in three losing more than 20 percent, according to U.S. Department of Labor data. Indeed, there is academic consensus that trade has contributed to the unprecedented rise in inequality.
New Markets for U.S. Goods?:
After being sold with the same "more markets, more exports, more jobs" mantra, Obama's most recent free trade agreement (FTA) that served as the TPP's template has been a disaster. Three years into the U.S.-Korea Free FTA, the U.S. goods trade deficit with Korea had ballooned more than 90 percent as our exports fell 7 percent and imports surged. Sadly, that deal was not a fluke. The United States ran a $177.5 billion goods trade deficit, collectively, with its 20 FTA partners in 2014, the last year for which data is available. Exports to FTA partners have grown 20 percent slower than U.S. exports to the rest of the world over the past decade. In his 2010 SOTU, Obama said he would double U.S. exports in five years. But given our paltry annual export growth rate, the export-doubling goal would not be reached until 2057 - 43 years behind schedule.
The TPP Versus President Obama's Legacy - Health Care Costs:
The TPP would directly contradict Obama efforts to reduce U.S. health care costs by expanding monopoly patent protections for big drug firms, as Doctors Without Borders notes. This allows drug firms to stop competition and raise medicine prices. As seniors groups note, the TPP would also empower large pharmaceutical firms to meddle in U.S. government reimbursement decisions for taxpayer-funded programs like Medicare and Medicaid.
The TPP Versus President Obama's Legacy - Gay Rights:
While the Obama administration is celebrated for its defense of gay equality after it dust-binned the "Don't Ask, Don't Tell" policy and joined those announcing that the Defense of Marriage Act was unconstitutional, it decided to allow Brunei to remain in the TPP even after the country announced that it would begin stoning to death gays and single mothers under new sharia-based laws. This has led to LGBTQ groups joining the TPP opposition.
The TPP Versus President Obama's Legacy - Financial Reform:
The TPP could help banks unravel the new rules Obama achieved to regulate Wall Street by prohibiting bans on risky financial products and "too big to fail" safeguards while empowering foreign banks to "sue" the U.S. government over new financial regulations. For the first time, the TPP would expand the controversial investor-state dispute system (ISDS) to allow challenges of U.S. financial policies using the claim underlying most successful ISDS attacks.
Public Citizen is a nonprofit consumer advocacy organization that champions the public interest in the halls of power. We defend democracy, resist corporate power and work to ensure that government works for the people - not for big corporations. Founded in 1971, we now have 500,000 members and supporters throughout the country.
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Chilean Judge Convicts US-Trained Pinochet Agents for 1976 Murder of Ronni Moffitt
The 25-year-old American, her newlywed husband, and former Chilean diplomat Orlando Letelier were driving to work at the Institute for Policy Studies in Washington, DC when their car was bombed.
Jun 23, 2026
The Institute for Policy Studies on Monday welcomed a judge's homicide convictions and prison sentences for three agents of former US-backed Chilean dictator Gen. Augusto Pinochet who murdered Ronni Karpen Moffitt, one of the progressive think tank's employees, during a 1976 car bombing targeting her colleague, the exiled leftist diplomat Orlando Letelier.
Last Thursday, Chilean Judge Paola Plaza González sentenced three former agents of the Directorate of National Intelligence (DINA)—Pedro Octavio Espinoza Bravo, José Octavio Zara Holger, and Raúl Eduardo Iturriaga Neumann—for the qualified homicide of Moffitt, who was 25 at the time she was killed with her Institute for Policy Studies colleague Letelier.
There is no equivalent of murder in Chile, where homicides are divided into two categories, simple and qualified (aggravated).
Plaza—who has investigated dozens of cases of human rights crimes committed during the 17-year Pinochet regime—sentenced the trio to 15 years' imprisonment.
On the morning of September 21, 1976, Moffit, Letelier, and Michael Moffitt—Ronni's husband of four months, who also worked at IPS—were on their way to work when the Chevy Malibu in which they were traveling was blown up in Sheridan Circle on Washington, DC's Embassy Row.
Michael, who was sitting in the back seat, survived the blast and watched as Ronni staggered from the mangled car with her neck torn open, drowning in her own blood. Letelier, whose legs were blown off, also died at the scene of the attack.

Never before and never since has a foreign diplomat been assassinated on American soil.
“For a half century, IPS has turned this heinous act of international terrorism into a force for justice and for lifting up new human rights champions in the United States and Latin America,” IPS executive director Tope Folarin said in response to the sentences. “We are thrilled to see this huge step towards accountability for the murder of Ronni Karpen Moffitt, a young American woman whose work to improve lives in her community and her world was cut tragically short.”
Moffitt's niece, Rebecca Karpen, said that "the recent sentencing of three of the men responsible for my aunt’s murder comes 50 years after their crime was committed—17 years after the death of my grandfather, Murray Karpen, who dedicated his life to fighting for justice for his daughter, and four years after the death of her brother, my father Harry, who carried her picture in his wallet for decades after his big sister was murdered."
"It is often said that justice delayed is justice denied," Karpen added. "So many of my family members who loved Ronni never lived to see this measure of justice applied, and that is a tragedy."
"So many of my family members who loved Ronni never lived to see this measure of justice applied, and that is a tragedy."
Plaza noted that the attack was planned under the direction of then-DINA Director Gen. Manuel Contreras Sepulveda and his deputy, Pedro Octavio Espinoza Bravo, as part of "a series of attacks outside the national territory against the lives of Chilean citizens" during Operation Condor.
The secret, US-backed effort, which ran from 1975-83, saw right-wing military dictatorships in Chile, Argentina, Uruguay, Bolivia, Paraguay, Brazil, Peru, and Ecuador collaborate on an international campaign of terror in which an estimated 60,000 leftists were killed, while tens of thousands of others were arrested and tortured.
Letelier was targeted because he was once a Chilean foreign minister under former socialist President Salvador Allende, who had become a prominent critic of the Pinochet dictatorship while living in exile after the US-backed 1973 coup that overthrew his democratically elected reformist government and brought Pinochet to power.
Other prominent leftists forced into exile during Pinochet's reign of terror—including former Army commander Gen. Carlos Prats and his wife Sofia Cuthbert—were assassinated during Operation Condor. In fact, Contreras and the three men convicted last week were also found guilty in 2010 of killing the couple in a 1974 car bombing in Buenos Aires.
Officials in the administration of US President Gerald Ford, including Secretary of State Henry Kissinger, knew Pinochet's government and other Condor partners were planning to murder their political opponents abroad. The State Department drafted warnings regarding the impending assassinations but withdrew them shortly before the Letelier-Moffitt killings.
In her sentencing order last week, Plaza affirmed the role of DINA Capt. Armando Fernández Larios in obtaining passports for members of the hit squad, as well as for US citizen Michael Townley, a US-born DINA operative who built the remote-control bomb and placed it under Letelier's driver's seat. According to court records, declassified documents, and media reporting, Townley consulted with notorious anti-Castro Cuban militants Orlando Bosch and Luis Posada Carriles—who were behind terrorist attacks including the bombing of Cubana Flight 455—while selecting operatives for the Letelier assassination.
However, last week's convictions and sentences were solely for Espinoza, Zara, and Iturriaga—and exclusively for Moffitt's murder.
In 1993, Contreras and Bravo were convicted in Chile for ordering and implementing Letelier's assassination. Contreras was sentenced to seven years in prison, where he died in 2015 while serving hundreds of years of cumulative sentences for Pinochet-era crimes. Bravo was sentenced to six years behind bars.
Townley, Fernández, and five right-wing Cuban exile militants were separately convicted in the United States in connection with Letelier's assassination. Townley served just over five years before being placed in witness protection due to his cooperation with investigators. Fernández was released after seven months, due to a plea bargain. Two of the Cubans served eight years; the convictions of their three co-defendants were overturned on appeal.
All three men convicted and sentenced last week for Moffitt's murder attended the US Army School of the Americas (SOA), then located in Panama. So did Contreras and Fernández.
SOA is sometimes called the School of Assassins and the School of Coups due to its notorious graduates and their crimes, including the drug trafficking Panamanian president Manuel Noriega, Bolivian despot Hugo Banzer, Haitian death squad commander Raoul Cedras, and Argentine “Dirty War” dictator Leopoldo Galtieri.
At least hundreds of war criminals from throughout the hemisphere have been trained at the SOA, whose graduates committed some of the most notorious atrocities of the era, including the Guatemalan genocide; El Mozote massacre; the assassination of Archbishop Óscar Romero, the Jesuit massacre, and the kidnapping, rape, and murder of four US churchwomen.
Juan Pablo Letelier, the son of Orlando Letelier and a former Chilean senator, called last week's sentences "an act of justice."
"Truth has prevailed," Letelier asserted. "Many years have gone by in this effort for truth and justice. Yet, with perseverance and with conviction, we’ve reached the point where, in a Chilean court, this act of terrorism in which an American citizen was assassinated by Chile’s secret police in 1976 has finally had a case, an investigation, and a sentencing of the three main people responsible."
"We hope that US government authorities will now consider that what has been done in Chile should also be done in the US regarding the investigation and the sanctioning of those responsible for this terrorist act," he added. "There are persons who are responsible for Ronni Karpen Moffitt’s death 50 years ago who are still in liberty on US soil, and there are pending Chilean requests for their extradition with which the US government has not complied."
Chile is seeking the extradition of Fernández, who was arrested by US Immigration and Customs Enforcement agents in Florida last year but has not been handed over to Chilean authorities to stand trial.
“Justice is slow," Letelier recently wrote. "There are many families in Chile who were victims... and they want justice... Armando Fernández Larios should never have been free in the United States.”
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Alan Greenspan, Longtime Fed Chair and Ayn Rand Disciple, Meets Ultimate ‘Invisible Hand’
"For decades, he preached that the self-interest of the predator was the invisible hand of the common good," Yanis Varoufakis said after the man who led the US central bank under four presidents died aged 100.
Jun 22, 2026
Alan Greenspan, whose policies during nearly 20 years as US Federal Reserve chair fueled soaring economic inequality and helped create the conditions for multiple economic crashes, died Monday at age 100 after a long battle with Parkinson's disease.
While many corporate media outlets published hagiographic obituaries lionizing the "Maestro" who presided over nearly two decades of low inflation, rising stock prices, and American economic confidence, critics focused on Greenspan's role in promoting dangerous deregulation and "easy money" policies that inflated financial bubbles, with sometimes disastrous results.
Robert Reich—who served as US labor secretary under President Bill Clinton during all of Greenspan's tenure—called him "in many ways the most powerful person in America" during that era.
"If any single person was responsible for the financial crisis of 2008, it was Greenspan."
"He maintained an iron grip over the Fed, and almost single-handedly decided on interest rates," Reich wrote. "He essentially fired George H. W. Bush by raising interest rates so high (ostensibly to ward off the inflation then threatening the economy) that the economy took a dive, and voters blamed Bush. This was enough to convince my boss, Bill Clinton, to do exactly what Greenspan wanted—which was to reduce the federal budget deficit and thereby destroy much of the agenda Clinton ran on (and I helped create)."
"I don’t want to speak ill of anyone who has passed. Greenspan was an extremely charming, intelligent, and thoughtful man," Reich added. "But the truth must be told: If any single person was responsible for the financial crisis of 2008, it was Greenspan. That crisis—the worst collapse since 1929, which led to the worst recession in decades, in which millions of Americans lost their jobs, savings, and even their homes—resulted from the deregulation of Wall Street that Greenspan advocated."
Former Greek Finance Minister Yanis Varoufakis wrote on X: "His epitaph? A singular, glorious confession, 'I found a flaw in my model of the world.' A flaw, he said, as though it were a leaky pipe, not a total collapse of the intellectual architecture that anointed him Oracle. For decades, he preached that the self-interest of the predator was the invisible hand of the common good.
"Then, in 2008, the beast devoured the table, and to his credit, he blinked, admitting that his entire worldview—the one that central bankers canonized and the world swallowed—was a fairy tale for rentiers," Varoufakis added. "He did not, of course, admit to culpability. That would require a moral compass, a device notably absent from his Ayn Randian toolbelt. No, he merely noted the flaw, as a meteorologist might note a gust of wind, and returned to his well-earned silence."
Born 10 miles from Wall Street in Manhattan's Washington Heights during one of the most infamous economic bubbles of all time, Greenspan was a protégé of libertarian writer and philosopher Ayn Rand and was influenced by the Atlas Shrugged author's moral defense of capitalism, her fierce advocacy of deregulation, and her insidious insistence that self-interest was socially beneficial.
Their relationship cooled as Greenspan embraced more mainstream economic policies despised by Rand and gradually became a leading steward of the very sort of state-shepherded system she deeply distrusted.
After heading President Gerald Ford's Council of Economic Advisers, Greenspan was appointed chair of the Fed by President Ronald Reagan in 1987. He would remain in the post well into George W. Bush's second term.
Greenspan generally favored low interest rates, especially after crises like the 1987 stock market crash, the 1998 Long-Term Capital Management crisis, and the 2001 recession. His fame grew after he suggested that the economy might be experiencing a tech-driven “productivity miracle," language that many investors took as validation that traditional valuation limits were obsolete.
Critics would later call it a "productivity mirage."
Staunch devotion to low interest rates by Greenspan's Fed boosted stock prices and real estate values under "easy money" policies. Many investors came to believe that the Fed would intervene aggressively whenever markets fell sharply—the so-called "Greenspan Put."
However, since ownership of financial assets (and the firms that sell and promote them) is concentrated among the wealthy, it was the rich who benefited most from Greenspan's polices. When bubbles burst, as they did after the dot-com boom that ended in early 2000 and during the 2008 global financial crisis, the rich bounced back thanks to their diversified portfolios and bailouts, while middle- and lower-income households were wiped out through asset devaluation, foreclosures, and job losses.
"It is no exaggeration to say the global financial crisis of 2008 had an enormous and lasting impact on American life and the way ordinary people view elites," New York Times global economic correspondent Peter S. Goodman said on social media. "It is also no exaggeration to say that Alan Greenspan has as much responsibility for the crisis as an individual can."
"For those not old enough to remember, it is difficult to state his aura during his time of greatest influence," Goodman continued. "When he told Americans that they should buy houses and use variable-rate mortgages to do it, they listened. Much is made of his econ jargon-laden vernacular that went over the heads of nearly all listeners."
"That was central to the mystique," he added. "When he went to the Hill and spoke to Congress, most people had no idea what he was talking about but assumed that smarter kids did. And so his quasi-religious faith in the efficiency of markets as the ultimate insurance against risk went unchallenged and became dogma, and the risks kept building."
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‘Time to Sue This Liar’: Trillionaire Elon Musk Threatens Ro Khanna for Warning of 4.5 Million Child Deaths From DOGE Cuts
"The Dems should have a leader who Elon Musk is threatening to sue and wants imprisoned," said one political observer. "That's the right guy."
Jun 22, 2026
The recently crowned world's first trillionaire Elon Musk threatened Rep. Ro Khanna with legal action on Monday after the California Democrat pointed out the life-ending potential of foreign aid cuts made by the Department of Government Efficiency.
During an appearance on the "I've Had It" podcast on Saturday, Khanna (D-Calif.) said that there must be consequences for Musk, who in February 2025 used DOGE to curtail programs and cut funding for the United States Agency for International Development (USAID).
"There needs to be accountability for Elon Musk," Khanna emphasized. "You know, they’re celebrating that he created 4,400 millionaires, but they don’t talk about the 4.5 million children around the world who he possibly sentenced to death by dismantling USAID.”
A peer-reviewed study published by The Lancet in July 2025 estimated that proposed cuts to USAID could lead to as many as 14 million preventable deaths by 2030 worldwide, including the deaths of 4.5 million children under the ages of five years old.
Musk, who earlier this month became the world's first trillionaire, wrote in response to Khanna's interview that it was "time to sue this liar."
It's not clear how Khanna's statement could be defamatory given that it was based on research published by a prestigious medical journal.
Musk, in a separate reaction to Khanna's remarks about USAID, later added that the US lawmaker "should be in prison."
On Monday afternoon, Khanna posted a video in which he challenged Musk to debate him on the impact the DOGE cuts have had on people throughout the Global South who had previously benefited from USAID.
"The world's richest person has spent all day... going after me," Khanna said. "Why? Because I cited an academic study that his DOGE cuts may lead to the deaths of millions of children overseas. You know, Elon, I thought you were a free speech guy. Why not debate me on these issues instead of threatening lawfare?"
"You're not going to be able to intimidate me," Khanna added.
.@elonmusk let's debate. You game?
I am for free speech, not lawfare. pic.twitter.com/gThLggxiOW
— Ro Khanna (@RoKhanna) June 22, 2026
Mehdi Hasan, editor-in-chief of Zeteo News, said that Khanna’s willingness to directly take on Musk exhibited qualities that Democrats could use more of in leadership positions.
"He is picking/making the right enemies on the right, and really pissing them off," Hasan wrote of Khanna. "The Dems should have a leader who Elon Musk is threatening to sue and wants imprisoned. That's the right guy."
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