The history: “Congress started the fast track authority in the Trade Act of 1974. This authority was set to expire in 1980, but was extended for eight years in 1979. It was renewed in 1988 for five years to accommodate negotiation of the Uruguay Round, conducted within the framework of the General Agreement on Tariffs and Trade (GATT). It was then extended to one day after the Uruguay Round concluded in the Marrakech Agreement, transforming the GATT into the World Trade Organization (WTO). Pursuant to that grant of authority, Congress then enacted implementing legislation for the U.S.-Israel Free Trade Area, the U.S.-Canada Free Trade Agreement, the North American Free Trade Agreement (NAFTA), and the Uruguay Round Agreements Act.”
Republican Presidents, Nixon, Ford, Reagan....in the olden days...asked for and received "Fast Track". They did this because Democrats injected, not labor issues, but Human Rights issues into the grand mix of International negotiations.
Now, it's a whole 'nuther agenda.
It's all about the industries that are in favor in DC (Silicon Valley particularly, but Banking/Finance in a BIG WAY too) getting their payoff for a couple of decades of campaign finance.
And payola.
The money is THINK on K Street.
The program is to fleece America, not just stored capital...but to use America's capital to finance a fundamental transfer of wealth and power.
These people aim to destroy this nation.