Posted on 06/13/2015 6:45:19 AM PDT by ncalburt
http://www.investmentnews.com/article/20150324/FREE/150329968/cruz-avoids-mentioning-his-wifes-goldman-sachs-job
(Excerpt) Read more at investmentnews.com ...
I think I am beginning to understand a little of this mess and I still do not trust it since you have to piece it all together.
TPA is the Trade Promotion Authority. There was a previous TPA but Dingy Harry repealed this for some reason several years ago. It gives the president the authority to negotiate trade agreements without any intermediate steps and SUPPOSEDLY stipulates that they be submitted to the congress for up or down vote without modification. The reason for the up or down vote on a “finished product” agreement is that is the only way a trade agreement can ever be finished. Otherwise they just mull around in the congress under constant bickering and modification... not a bad thing to me. The question on this though is why is this TPA not useful without the TAA that got voted down yesterday? BTW, TPA was voted on in the Spinate last week and passed. TPA is available for public review... sort of... if you look long and hard enough... kind of... if you can read it and understand it.
TAA is the Trade Assistance Agreement or something like that an it is to provide assistance in retraining for workers displaced by trade agreements that are somehow supposed to be good for us that are negotiated under the authority of TPA. If the agreements are so good why will there be displaced workers? If you don’t intend to displace workers in a trade agreement why is TAA necessary to make TPA useful?
TiSA is the Trade in Services Agreement or Act as I understand it. This seems to be a grab bag of miscellaneous special interest group goodies and includes stuff that looks like it opens the door to more uncontrolled immigration of new types benefiting the Chamber of Communism, Bilderbergs and all sorts of other big business who still don’t have enough money because they still don’t yet have all the money. Not sure but this may be the agreement with the EU? The text of this is sort of available but not really since Wikileaks has to leak it.
TPP is the Trans Pacific Partnership. This is the double secret thing that Sessions is so concerned about. TSA allows it to be completed and submitted to an up or down vote in the congress... I think. If I knew more I’d have to kill myself.
There it is what I think I know about TRA, TAA, TiSA and TPP. Ei, ei, o.
TiPA is where things get messy on immigration.
This from Breitbart and Wikileaks.
There are three examples within the 10 pages of areas where the U.S. would have to alter current immigration law.
First, on page 4 and 5 of the agreement, roughly 40 industries are listed where potentially the U.S. visa processes would have to change to accommodate the requirements within the agreement.
Jenks explained that under the agreement, the terms don’t have an economic needs based test, which currently U.S. law requires for some types of visa applications in order to show there aren’t American workers available to fill positions.
Secondly, on page 7 of the agreement, it suggests, “The period of processing applications may not exceed 30 days.”
Jenks said this is a massive problem for the U.S. because so many visa applications take longer than 30 days.
“We will not be able to meet those requirements without essentially our government becoming a rubber stamp because it very often takes more than 30 days to process a temporary worker visa,” she said.
Jenks also spotted another issue with the application process.
“The fact that there’s a footnote in this agreement that says that face to face interviews are too burdensome … we’re supposed to be doing face to face interviews with applicants for temporary visas,” she added.
“According to the State Department Consular Officer, it’s the in person interviews that really gives the Consular Officer an opportunity to determine – is this person is a criminal, is this person a terrorist … all of those things are more easily determined when you’re sitting face to face with someone and asking those questions.”
The third issue is present on page 4 of the agreement. It only provides an “[X]” where the number of years would be filled in for the entry or temporary stay.
Jenks explained that for example, with L visas under current U.S. immigration law, the time limit is seven years – so if the agreement were to go beyond seven years, it would change current U.S. law.
This wasn't a one-issue mistake on Cruz's part -- by all appearances, this was a full-spectrum blunder. As more information filters down, I may be gladly proven wrong.
You’re confused.
Cruz supports Free a Trade.
As a practical matter you need Fast Track to pass trade legislation.
Therefore Cruz supports Fast Track.
He has taken no position on the pending Trade Bill.
If it turns out to include all the BS elements on your list it won’t get $.02 worth of support from Ted Cruz. He will vote NO.
Rand Castro from Cuba ?
++++
Hmmmmm. No, I don’t think so. But keep trying.
And this is why TAA lives on for another vote next week and why the whole damn mess will still probably pass and become law and more money will be given away and more jobs lost and more welfare given and the US will rot some more.
As mentioned in our previous story about what happened with ObamaTrade today, there is a ton of confusion circling the results. Hopefully this post will clarify where we are and where we’re likely headed.
For starters, ObamaTrade is not dead. It wasn’t killed in the House today. Not at all. In fact, the TPA was passed. The TPA was previously thought to have been the most challenging part of the package.
In order for the entire ObamaTrade package to work, the House had to pass both the TAA and the TPA. The TAA is legislation that spends big money compensating workers for lost jobs (Unemployment) and other social welfare programs (among other things). In short, the TAA is what Democrats get/want and the TPA is what Republicans get/want.
Apparently the TAA didn’t spend enough on social programs and all the other goodies Democrats usually demand. So, as a result, Democrats killed TAA, which in turn should have killed TPA. In fact, several members of Congress had already previously stated there would be no vote on TPA if TAA didn’t pass first.
But Boehner is Boehner. And if there is one thing Boehner is good at, it’s helping Democrats spend more of our money. Boehner wasn’t about to let Democrats hold TPA hostage over their desire to see more money spent. So immediately after TAA failed, Boehner called for a vote on TPA. Boehner knew he had the votes for TPA and he knew that as long as TPA was passed, he could fatten the deal on TAA and bring it back to Democrats next week for another vote.
Which is exactly what he did. So now TAA is likely to come back for a vote on Tuesday with a heck of a lot more spending that will help get unions back in the corner of their Democrat allies. If Boehner can get Democrats to support TAA, the deal is done and ObamaTrade lives on.
In other words, it’s very possible the House passes ObamaTrade with even more spending than previously planned.
GS was behind all the tarp bailout crap and the killing off of much of their competition. They suck money from us citizens. One CEO i think went to jail. Others Corzine etc. have yet to be caught.
Meet Ted Cruz? Guilt by association? Maybe you are thinking conflict of interest when Cruz is in the White House?
Maybe?
Channel your inner most Baraq 0bama or Bill Clinton, and tell me what you see.
5.56mm
Didn’t you know? This is only a forum for blind mindless acolytes and not a forum for debate, discussion and truth.
Shame on you for trying to be objective and responsible and asking questions about candidates. You are supposed to check your brain at the door and line up for the Koolaid.
Now shape up!
/sarc
LOL—to the barricades!
Forget law and fiduciary stuff... it’s no big effin’ deal.
/sarc
I have read and posted some things about Cruz’s position on this and still find his position difficult to read through as credible. He is still not passing the smell test but neither are a bunch of others.
This mess of TRA, TAA, TiPA, TPP and all is too complicated and stinks and is suspicious. There are too many favors being exchanged and there is far too little explanation.
A clean TRA would be OK with me but this is not a clean TRA. It is instead a compromise of what pubies and rats want for each of their own special interest groups and more of sold to the highest bidder.
Nobody in this mess is without guilt from what I can see. Kill it and start over.... best solution yet. I vote to let God sort it out.
As for the fiduciary world... why would anyone let a broker who makes money from the sale of assets to you that the house has bought to speculate on have reason to trust the advice of said broker? I would not.
Who would unquestioningly trust the counsel of a financial adviser who makes money from the size of your accounts on deposit on how much you should have for retirement without checking for yourself? I would not. It is in their best interest for you to believe in the 2% rule and to think you must have a mountain of money to retire... granted that I am not in favor of the 4% rule these days. In short they have a built in conflict of interest to convince you that you can never retire and must accumulate wealth ad-infinitum.
If your wife is on leave from Goldman Sachs you’re not allowed to run for President or vote on trade bills in the Senate?
Seems odd.
But then I’m still waiting to here how Cruz is actually going to make all those big bucks from the Trade deal that we don’t actually know anything about yet. (Except what Wikileaks has told us).
Judicial/legislative/executive “activism” gone wild. Especially when there is an election every two years for the entire HOR, percentage of Senate seats that can alter majorities and every 4 for the same plus the Presidential election.
In terms of the subject, keep crapping on Federalists #75. I am sure the future Statists in our perpetual unfixed government are salivating over “practicality”. Give an inch of practicality, history dictates the fruits of “practicality” will take a mile of freedom away. Look at what Nixon's practicality gave us, lol.
i think she is on leave of absence. which means she still works there. she is the money funnel.
LOL!
You are right shame on me for thinking this about freedom and vigorous debate.
Only a politician and holders of elected office can.
It would be a clear violation of ethics and would put them at great personal risk if not an office holder.
The electorate is supposed to be smart enough to weed these guys out.
Last election was anybody but Barry and you're probably right about the upcoming one.
It looks like rather than learning that they need to actually put up a candidate that can pass muster and is a real conservative, what Republicans learned from losing to democrats is to find attractive candidates with very little record that can be studied and surround them with a large army of Alynsky trained snark artists.
She took a leave of absence is the last thing I read.
I haven’t heard that she actually quit.
**************
My guess is whether she goes back or not depends upon how Cruz does in the election
process. If he becomes the next president she won’t go back but if he fails to
get the nomination or loses the presidential race then she goes back.
Just a guess on my park.
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