tpp

Why have prices fallen so low? Because government subsidies created a glut – and the market is flooded. This government money warps and distorts the marketplace – as otherwise productively-directed time and effort is instead spent chasing the government coin. Producers produce not what the marketplace needs – but for what the government pays.

There was on Monday a quintessential example of the horrendously bad thinking of those opposed to all things intellectual property. An op-ed totally disconnected from Reality – and chock full of thought-free, pathetic anti-property platitudes.

President Barack Obama has dramatically ramped up the Washington, D.C., giant Crony-fest. Where economic sectors and companies Obama and his Democrats like get the gold mine – and the rest of us get the shaft. For instance, there was $80 billion for “green energy” in the awful 2009 “Stimulus” bill –80% of that coin went to Obama donors.

Flying under the free trade flag, many in DC are pushing the Trans-Pacific Partnership (TPP) and fast-track Trade Promotion Authority (TPA).

In a welcome show of bipartisanship, the U.S. Senate took a significant step in the direction of freer global trade in April. The Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA), cosponsored by Sens. Orrin G. Hatch (R-UT) and Ron Wyden (D-OR), is designed to fast-track approval of the Trans-Pacific Partnership (TPP), a landmark trade agreement currently under negotiation by the United States and 10 other Pacific Rim countries.

The United States and Japan are at the trade negotiation table – for the proposed Trans-Pacific Partnership (TPP). Absolutely excellent. The freer the trade the better – the more the merrier.