Thursday, April 07, 2016

Bernie Sanders in October 2011

"It has been revealed Clinton pushed through the Panama Free Trade Deal at the same time that Sanders vocally opposed it, citing research warning that it would strictly limit the government’s ability to clamp down on questionable or even illegal activity. Even if the Clintons remain unmentioned in future tax bombshells, Sanders can continue to exploit the narrative that Clinton is part of the demographic responsible, and has assisted in flagrant abuses of the system through trade deals."
More quotes here"
"“Panama’s entire annual economic output is only $26.7 billion a year, or about two-tenths of one percent of the U.S. economy. No one can legitimately make the claim that approving this free trade agreement will significantly increase American jobs.” Sanders then asks the Senate, “why would we be considering a standalone free trade agreement with Panama?”
The agreement in question, which was ultimately passed despite Sanders’ objections, is called The United States—Panama Trade Promotion Agreement (TPA).
Sanders then answerd his own question in a haunting premonition of things to come: “Well it turns out that Panama is a world leader when it comes to allowing wealthy Americans and large corporations to evade U.S. taxes by stashing their cash in offshore tax havens; and the Panama free trade agreement will make this bad situation much worse. Each and every year, the wealthiest people in our country and the largest corporations evade about $100 billion in U.S. taxes through abusive and illegal offshore tax havens in Panama and other countries...”
Hillary Clinton, Sanders’ opponent in the Democratic primary, argued vehemently for the TPA in 2011.
"The Free Trade Agreements passed by Congress tonight will make it easier for American companies to sell their products to South Korea, Colombia and Panama, which will create jobs here at home,” part of Clinton’s 13 October, 2011statement read.
Strangely enough, her full statement no longer exists on the State Department’s website."

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