00:00:00.030 let me respectfully disagree with my 00:00:02.92900:00:02.939 friend from Utah let me urge all members 00:00:06.34900:00:06.359 to vote against what I believe to be a 00:00:08.57000:00:08.580 disastrous trade agreement a trade 00:00:13.97000:00:13.980 agreement based on other trade 00:00:16.12900:00:16.139 agreements which in fact have cost us 00:00:18.85900:00:18.869 millions of decent-paying jobs and have 00:00:21.74000:00:21.750 led to a race to the bottom mr. 00:00:25.37000:00:25.380 president let me just briefly give you 00:00:29.00000:00:29.010 four reasons and there are many more but 00:00:31.31000:00:31.320 let me just focus on four objective 00:00:34.04000:00:34.050 reasons why we should defeat this 00:00:37.43000:00:37.440 fast-track legislation and why we need 00:00:40.63900:00:40.649 to develop a whole new approach to trade 00:00:43.95900:00:43.969 that benefits American workers rather 00:00:46.63900:00:46.649 than just the CEOs of large 00:00:48.86000:00:48.870 multinational corporations reason number 00:00:52.06900:00:52.079 one this unfettered free trade agreement 00:00:55.16000:00:55.170 with Vietnam Malaysia and ten other 00:00:57.26000:00:57.270 countries follows in the footsteps of 00:01:00.91000:01:00.920 disastrous trade agreements like NAFTA 00:01:04.07000:01:04.080 CAFTA permanent normal trade relations 00:01:06.32000:01:06.330 with China and the South Korean free 00:01:09.26000:01:09.270 trade agreements any objective look at 00:01:12.28900:01:12.299 these trade agreements will tell us that 00:01:16.37000:01:16.380 they have cost us millions of 00:01:18.53000:01:18.540 decent-paying jobs and have led us to a 00:01:21.62000:01:21.630 race to the bottom where American 00:01:24.38000:01:24.390 workers are forced to compete against 00:01:26.92900:01:26.939 workers in low-wage countries who are 00:01:29.56900:01:29.579 making pennies an hour it's the 00:01:32.81000:01:32.820 president over and over again supporters 00:01:35.60000:01:35.610 of these types of trade agreements have 00:01:38.42000:01:38.430 told us about how many jobs they would 00:01:41.60000:01:41.610 create how beneficial they would be for 00:01:45.23000:01:45.240 the middle class and working class of 00:01:47.03000:01:47.040 this country but over and over again 00:01:51.78900:01:51.799 virtually everything they told us turned 00:01:54.53000:01:54.540 out to be wrong and they are wrong again 00:01:58.37000:01:58.380 in terms of the TPP in 1993 President 00:02:02.74900:02:02.759 Bill Clinton promised that NAFTA would 00:02:05.60000:02:05.610 create 1 million American jobs in five 00:02:08.74900:02:08.759 years instead NAFTA has led to the loss 00:02:12.29000:02:12.300 of almost 00:02:13.99000:02:14.000 hundred thousand jobs in 1999 we were 00:02:18.07000:02:18.080 promised that permanent normal trade 00:02:20.44000:02:20.450 relations with China would open up the 00:02:22.93000:02:22.940 Chinese economy to american-made goods 00:02:25.21000:02:25.220 and services instead as everybody who 00:02:28.54000:02:28.550 goes shopping knows when you buy product 00:02:31.39000:02:31.400 after product made in China that trade 00:02:34.33000:02:34.340 agreement has cost us some 2.7 million 00:02:37.63000:02:37.640 American jobs that I remember hearing 00:02:39.64000:02:39.650 all of the accolades about free trade 00:02:42.55000:02:42.560 with China they all turned out to be 00:02:45.88000:02:45.890 wrong in 2011 the US Chamber of Commerce 00:02:49.38000:02:49.390 told us that the South Korean free trade 00:02:51.82000:02:51.830 agreement would create some 280,000 jobs 00:02:55.21000:02:55.220 well wrong again instead that agreement 00:02:58.81000:02:58.820 has led to the loss of some 75,000 jobs 00:03:02.11000:03:02.120 and the reason for all of this is pretty 00:03:04.93000:03:04.940 simple why would an American corporation 00:03:08.76000:03:08.770 invest in this country pay American 00:03:11.94900:03:11.959 workers 15 18 20 bucks an hour provide 00:03:15.04000:03:15.050 health care have to obey environmental 00:03:17.68000:03:17.690 regulations deal with trade unions when 00:03:20.02000:03:20.030 they can go abroad pay people pennies an 00:03:22.33000:03:22.340 hour not have to worry about the 00:03:24.37000:03:24.380 environment as of course what has 00:03:25.66000:03:25.670 happened these trade agreements have 00:03:27.78900:03:27.799 failed TPP is based on the same 00:03:30.31000:03:30.320 principles it will be another failure we 00:03:33.10000:03:33.110 should reject it for that reason 00:03:35.13000:03:35.140 second point mr. president in politics 00:03:38.44000:03:38.450 it is always interesting and important 00:03:40.96000:03:40.970 to know whose side different groups are 00:03:45.78900:03:45.799 on you can learn a lot by who is 00:03:48.55000:03:48.560 supporting an agreement and by who is a 00:03:51.31000:03:51.320 posing agreement well let's talk about 00:03:53.89000:03:53.900 who is supporting the TPP turns out that 00:03:58.24000:03:58.250 virtually every major multinational 00:04:01.36000:04:01.370 corporation including many of them who 00:04:04.18000:04:04.190 have shut down plants in the United 00:04:06.06900:04:06.079 States and move abroad all of these 00:04:08.71000:04:08.720 multinationals they think the TPP is a 00:04:11.89000:04:11.900 great idea and I'm sure I can understand 00:04:15.94000:04:15.950 why it will be a great program for them 00:04:18.75900:04:18.769 it'll only accelerate their ability to 00:04:21.21900:04:21.229 shut down plants in America and move to 00:04:24.37000:04:24.380 low-wage countries abroad he has another 00:04:27.61000:04:27.620 group 00:04:28.03000:04:28.040 who was actively pushing for us to vote 00:04:30.76000:04:30.770 for the TPP and that is the 00:04:33.01000:04:33.020 pharmaceutical industry as I think every 00:04:35.68000:04:35.690 American knows the drug companies in 00:04:38.23000:04:38.240 this country charge our people here the 00:04:41.02000:04:41.030 highest prices in the world for 00:04:42.73000:04:42.740 prescription drugs but they love this 00:04:46.33000:04:46.340 legislation they just love it because 00:04:49.15000:04:49.160 they think as a result of this 00:04:50.53000:04:50.540 legislation they will be able to put to 00:04:53.11000:04:53.120 charge people all over the world 00:04:55.27000:04:55.280 including in very poor countries higher 00:04:58.57000:04:58.580 prices for their products 00:05:01.08000:05:01.090 Wall Street surprised them all surprised 00:05:04.18000:05:04.190 Wall Street loves this Agreement loves 00:05:07.69000:05:07.700 this agreement as we all remember not so 00:05:11.20000:05:11.210 many years ago the greed and 00:05:12.46000:05:12.470 recklessness and illegal behavior of 00:05:15.37000:05:15.380 Wall Street caused the most significant 00:05:19.48000:05:19.490 economic recession since the Great 00:05:21.94000:05:21.950 Depression but Wall Street loves this 00:05:25.93000:05:25.940 legislation because it will make it 00:05:28.42000:05:28.430 easier for them to sell esoteric 00:05:33.96000:05:33.970 complicated financial products all over 00:05:37.03000:05:37.040 the world so those are some of the 00:05:40.03000:05:40.040 groups who think that this legislation 00:05:42.85000:05:42.860 is is wonderful that we should vote for 00:05:44.68000:05:44.690 it who are the groups and the 00:05:47.32000:05:47.330 organizations that oppose this 00:05:48.73000:05:48.740 legislation well it turns out that every 00:05:51.10000:05:51.110 trade union in this country unions 00:05:54.04000:05:54.050 representing over 20 million American 00:05:57.22000:05:57.230 workers unions who are fighting every 00:05:59.53000:05:59.540 single day to get workers higher wages 00:06:02.56000:06:02.570 better pay better health care they are 00:06:05.50000:06:05.510 in strong opposition to this legislation 00:06:08.68000:06:08.690 and this is what the trade union 00:06:10.87000:06:10.880 movement has to say about TPP and I 00:06:13.54000:06:13.550 quote fast-track trade deals mean fewer 00:06:18.28000:06:18.290 jobs lower wages and a declining middle 00:06:20.98000:06:20.990 class fast track has been used since the 00:06:24.22000:06:24.230 Nixon administration to advance deals 00:06:26.80000:06:26.810 like NAFTA that are sold to the American 00:06:29.29000:06:29.300 people as job creation measures but 00:06:32.02000:06:32.030 these deals written largely by and for 00:06:34.75000:06:34.760 the world's largest corporations don't 00:06:37.24000:06:37.250 create jobs their main purpose isn't 00:06:40.03000:06:40.040 even related to trade 00:06:41.55900:06:41.569 it is to enshrine rules that make it 00:06:44.29000:06:44.300 easier for firms to invest offshore and 00:06:46.80900:06:46.819 increase corporate influence over the 00:06:49.26900:06:49.279 global economy end of quote 00:06:51.21900:06:51.229 that is what the trade union movement in 00:06:53.91900:06:53.929 this country believes about this 00:06:55.71900:06:55.729 agreement but it is not only the trade 00:07:00.27900:07:00.289 union movement that is opposed to the 00:07:02.35000:07:02.360 TPP virtually every major environmental 00:07:06.73000:07:06.740 and scientific group in this country 00:07:08.82000:07:08.830 groups such as the League of 00:07:10.71900:07:10.729 Conservation Voters the Sierra Club the 00:07:13.44900:07:13.459 Natural Resources Defense Council the 00:07:15.76000:07:15.770 Union of Concerned Scientists Friends of 00:07:17.55900:07:17.569 the Earth Greenpeace and 350.org 00:07:20.55900:07:20.569 they oppose this legislation this is 00:07:23.85900:07:23.869 what the environmental organizations 00:07:25.43900:07:25.449 have written about this bill and I quote 00:07:27.87900:07:27.889 as leading u.s. environmental and 00:07:30.57900:07:30.589 science organizations we write to 00:07:32.79900:07:32.809 express our strong opposition to 00:07:34.80900:07:34.819 fast-track trade promotion Authority and 00:07:38.35000:07:38.360 to urge you to oppose any legislation 00:07:40.32000:07:40.330 that would limit the ability of Congress 00:07:42.51900:07:42.529 to ensure that trade pacts deliver 00:07:45.79000:07:45.800 benefits to communities workers public 00:07:48.33900:07:48.349 health and the environment end of quote 00:07:51.05900:07:51.069 so you got organizations trade union 00:07:55.23900:07:55.249 organizations representing some twenty 00:07:58.08900:07:58.099 million American workers they say we 00:08:00.85000:08:00.860 should not go forward with this 00:08:02.29000:08:02.300 agreement you have organizations 00:08:05.01900:08:05.029 representing millions of people in the 00:08:07.54000:08:07.550 environmental community who say we 00:08:09.60900:08:09.61900:08:11.13900:08:11.149 legislation and then we have religious 00:08:14.23000:08:14.240 groups like the Presbyterian Church USA 00:08:16.35000:08:16.360 the United Methodist Church and Sisters 00:08:19.42000:08:19.430 of Mercy also opposing this legislation 00:08:21.75900:08:21.769 and here is what they have written about 00:08:24.51900:08:24.529 it and I quote as people of faith we 00:08:27.54900:08:27.559 call on all nations and governments to 00:08:29.55900:08:29.569 uphold the dignity of all people yet 00:08:32.49900:08:32.509 modern trade agreements have harmed 00:08:34.20900:08:34.219 people especially the most vulnerable in 00:08:36.57900:08:36.589 the United States and globally trade 00:08:39.33900:08:39.349 like the rest of the economy must be a 00:08:42.12900:08:42.139 means of lifting people out of poverty 00:08:44.98000:08:44.990 and ensure a country's ability to 00:08:47.76900:08:47.779 protect the health safety and well-being 00:08:49.36000:08:49.370 of their citizens and the planet in 00:08:51.78000:08:51.790 recognition of your sacred task of 00:08:54.48000:08:54.490 over people and policies we ask you to 00:08:57.30000:08:57.310 oppose fast-track trade promotion 00:08:59.64000:08:59.650 Authority for any trade agreement 00:09:02.01000:09:02.020 currently being negotiated so on one 00:09:05.88000:09:05.890 hand you have all of the big money 00:09:07.35000:09:07.360 organizations here at every major 00:09:09.83000:09:09.840 multinational corporation in America you 00:09:13.68000:09:13.690 have Wall Street you have the 00:09:15.15000:09:15.160 pharmaceutical industry they say vote 00:09:17.64000:09:17.650 for this legislation on the other side 00:09:20.27000:09:20.280 you have unions representing millions of 00:09:23.31000:09:23.320 Americans you have environmental 00:09:25.82000:09:25.830 organizations representing millions more 00:09:28.59000:09:28.600 Americans and you have religious 00:09:30.66000:09:30.670 organizations and say wait a second this 00:09:33.09000:09:33.100 fast-track trade agreement may not be a 00:09:36.33000:09:36.340 good idea vote no vote no so on one hand 00:09:42.09000:09:42.100 you have groups whose motivation is 00:09:45.39000:09:45.400 greed and profit and on the other hand 00:09:48.03000:09:48.040 you have organizations trying to protect 00:09:51.09000:09:51.100 working people trying to protect the 00:09:52.65000:09:52.660 environment trying to uphold basic 00:09:55.56000:09:55.570 religious values about human dignity 00:09:58.02000:09:58.030 saying no well which side should we be 00:10:00.63000:10:00.640 on I say we say we stand with those who 00:10:04.56000:10:04.570 are concerned about workers rights the 00:10:06.69000:10:06.700 environment and moral values mr. 00:10:10.71000:10:10.720 president let me give you another reason 00:10:13.58000:10:13.590 why we should oppose this trade 00:10:16.92000:10:16.930 agreement and this is a provision which 00:10:19.68000:10:19.690 has gotten far too little attention and 00:10:22.50000:10:22.510 that is the investor state dispute 00:10:24.63000:10:24.640 settlement that sounds like a highly 00:10:27.00000:10:27.010 technical term what would God's name 00:10:29.04000:10:29.050 does that mean but let me try to explain 00:10:31.26000:10:31.270 what it does mean and what does mean in 00:10:34.56000:10:34.570 English is that it will allow large 00:10:37.46000:10:37.470 multinational corporations to sue 00:10:41.15000:10:41.160 national state and local governments not 00:10:45.42000:10:45.430 just in the United States but all over 00:10:47.64000:10:47.650 the world 00:10:49.17000:10:49.180 if those governments pass legislation 00:10:52.62000:10:52.630 that hurts their expected future profits 00:10:58.70000:10:58.710 this to me is exactly about what this 00:11:02.55000:11:02.560 whole agreement stands for it's not for 00:11:06.66000:11:06.670 raising wages or career 00:11:08.46000:11:08.470 jobs it is to protect corporate profits 00:11:12.54000:11:12.550 and unbelievably what this legislation 00:11:16.29000:11:16.300 is prepared to do is to undermine basic 00:11:21.05000:11:21.060 democracy in terms of what local 00:11:24.60000:11:24.610 communities around the world states in 00:11:27.93000:11:27.940 the United States national governments 00:11:30.39000:11:30.400 whether it's the United States or any 00:11:31.89000:11:31.900 other government does if it undermines 00:11:35.30000:11:35.310 future profits of large multinational 00:11:38.90000:11:38.910 corporations that's really extraordinary 00:11:40.62000:11:40.630 I thought that our job as members of the 00:11:45.21000:11:45.220 United States Senate I thought the job 00:11:48.45000:11:48.460 of people in Australia who represent 00:11:50.55000:11:50.560 their government people democratically 00:11:52.86000:11:52.870 elected all over the world I had the 00:11:56.10000:11:56.110 idea that maybe their function was to 00:12:00.48000:12:00.490 represent as best they could the needs 00:12:03.09000:12:03.100 of the people who voted for them I guess 00:12:06.09000:12:06.100 that's a radical and crazy idea because 00:12:09.24000:12:09.250 what this bill says that if legislation 00:12:12.00000:12:12.010 is passed by people who are 00:12:14.49000:12:14.500 democratically elected those decisions 00:12:17.94000:12:17.950 that legislation can be brought to a 00:12:21.80000:12:21.810 independent tribunal and those countries 00:12:25.17000:12:25.180 could have to pay huge fines if the 00:12:27.99000:12:28.000 legislation which might protect health 00:12:30.57000:12:30.580 care or might protect the environment 00:12:33.65000:12:33.660 undermines future profits of 00:12:36.75000:12:36.760 multinational corporations what an 00:12:39.72000:12:39.730 attack not only on health and the 00:12:43.44000:12:43.450 environment it is attack on the 00:12:46.26000:12:46.270 fundamental tenets of democracy our job 00:12:49.17000:12:49.180 is not to worry about future corporate 00:12:51.84000:12:51.850 profits our job is to worry about the 00:12:54.48000:12:54.490 needs of the American people and that is 00:12:57.93000:12:57.940 what elected governments all over the 00:13:00.69000:13:00.700 world are supposed to do let me give you 00:13:02.88000:13:02.890 some examples because we have not talked 00:13:04.50000:13:04.510 about this but let me give you some 00:13:06.63000:13:06.640 examples of what is already going on 00:13:11.40000:13:11.410 around the world based on similar 00:13:15.15000:13:15.160 language to what will be in the TPP if 00:13:18.90000:13:18.910 we vote for it similar line 00:13:22.94000:13:22.950 mr. president and this is maybe the most 00:13:25.62000:13:25.630 outrageous example that I can give you 00:13:27.57000:13:27.580 but there are many others Philip Morris 00:13:30.24000:13:30.250 one of the large tobacco companies in 00:13:32.52000:13:32.530 the world is suing both Australia and 00:13:35.91000:13:35.920 Uruguay over labeling requirements for 00:13:39.66000:13:39.670 cigarettes Uruguay is this little 00:13:42.12000:13:42.130 country and what they have done is been 00:13:44.85000:13:44.860 very aggressive in trying to protect 00:13:49.05000:13:49.060 their children and their people from the 00:13:52.68000:13:52.690 very harmful impacts of smoking now you 00:13:56.13000:13:56.140 know what I happen to think that that is 00:13:58.80000:13:58.810 a good thing I think in America and all 00:14:01.92000:14:01.930 over the world we should do everything 00:14:03.57000:14:03.580 that we can to make sure that our kids 00:14:05.52000:14:05.530 are not hooked on nicotine do not have 00:14:08.79000:14:08.800 to suffer heart disease cancer emphysema 00:14:11.10000:14:11.110 and all of the other diseases related to 00:14:14.34000:14:14.350 smoking I think our government should be 00:14:16.41000:14:16.420 very vigorous we have done some things 00:14:18.87000:14:18.880 in our country I think we should do more 00:14:21.17000:14:21.180 Uruguay a little tiny country whose 00:14:24.39000:14:24.400 president turned out to be an oncologist 00:14:26.22000:14:26.230 guy who's worried about cancer was very 00:14:28.92000:14:28.930 active in trying to do everything he 00:14:30.93000:14:30.940 could to keep the kids of Uruguay 00:14:32.79000:14:32.800 getting hooked on cigarettes and what 00:14:35.22000:14:35.230 happened to Uruguay well they were taken 00:14:37.86000:14:37.870 to this independent tribunal composing 00:14:41.79000:14:41.800 as I understand it of three corporate 00:14:43.53000:14:43.540 lawyers because Philip Morris said hey 00:14:45.81000:14:45.820 Uruguay you're impacting our future 00:14:48.66000:14:48.670 profits we want to get kids hooked on to 00:14:52.02000:14:52.030 nicotine we want to sell our products to 00:14:54.96000:14:54.970 kids and to the people of Uruguay and by 00:14:57.95000:14:57.960 fighting us passing legislation and 00:15:01.38000:15:01.390 doing things that will make it harder 00:15:03.99000:15:04.000 for kids to smoke you are ruining our 00:15:06.66000:15:06.670 profits and this Court is now this case 00:15:11.07000:15:11.080 is now resting in an independent 00:15:12.96000:15:12.970 tribunal how insane is that that a 00:15:17.52000:15:17.530 country trying to protect its kids from 00:15:20.16000:15:20.170 getting cancer is being sued by Philip 00:15:22.89000:15:22.900 Morris because it might cause them 00:15:24.33000:15:24.340 profits so this is not only just a 00:15:27.24000:15:27.250 health issue in this case of cancer 00:15:29.79000:15:29.800 prevention this is an issue of basic 00:15:32.67000:15:32.680 democracy to the people of 00:15:36.26900:15:36.279 Uruguay do the people of Australia do 00:15:41.22000:15:41.230 the people of any country have a right 00:15:43.92000:15:43.930 to be very vigorous in protecting the 00:15:46.07900:15:46.089 health of their kids and their citizens 00:15:48.19900:15:48.209 without worrying about being sued by a 00:15:51.42000:15:51.430 cigarette manufacturer who is trying to 00:15:55.35000:15:55.360 poison these kids with deadly products 00:15:57.94900:15:57.959 so this is not only a health issue it is 00:16:00.48000:16:00.490 a basic democratic issue and a Phillip 00:16:03.32900:16:03.339 Morris wins this case it will be sending 00:16:06.98900:16:06.999 a message to every government in the 00:16:08.93900:16:08.949 world you can't be aggressive in trying 00:16:11.18900:16:11.199 to protect your kids from cigarettes 00:16:12.74900:16:12.759 that's one example let me give you 00:16:16.07900:16:16.089 another example equally outrageous mr. 00:16:21.74900:16:21.759 president under this investor-state 00:16:24.19900:16:24.209 provision a french waste management firm 00:16:29.68900:16:29.699 Veolia is suing for a hundred and ten 00:16:33.92900:16:33.939 million dollars under the france egypt 00:16:37.11000:16:37.120 bilateral investment treaty over changes 00:16:41.00900:16:41.019 to egypt's labor laws including an 00:16:43.35000:16:43.360 increase in the minimum wage now let me 00:16:46.23000:16:46.240 be honest with you mr. president I know 00:16:47.79000:16:47.800 nothing about Egypt's minimum wage but I 00:16:52.25900:16:52.269 do think that Egypt and every other 00:16:55.37900:16:55.389 country on Earth has a right to raise 00:16:58.61900:16:58.629 its minimum wage if they think it makes 00:17:00.99000:17:01.000 sense without worrying about being sued 00:17:05.30900:17:05.319 by some company will have to pay higher 00:17:07.71000:17:07.720 wages how crazy is that so again not 00:17:11.10000:17:11.110 being terribly knowledgeable about 00:17:14.39900:17:14.409 domestic policies in Egypt the idea that 00:17:18.53900:17:18.549 they are being sued for the crime of 00:17:20.34000:17:20.350 raising their minimum wage is to me 00:17:24.38000:17:24.390 beyond comprehension and again this is 00:17:28.35000:17:28.360 just an example of what is happening now 00:17:30.89900:17:30.909 and what will only happen in an 00:17:33.81000:17:33.820 accelerated manner if we pass this 00:17:37.04900:17:37.059 agreement let me give you one last 00:17:38.49000:17:38.500 example a Swedish energy company it's 00:17:44.61000:17:44.620 called Vattenfall launched a five 00:17:47.31000:17:47.320 billion dollar lawsuit 00:17:50.15900:17:50.169 / Germany's decision to phase out 00:17:52.47000:17:52.480 nuclear power this initiative was 00:17:55.04900:17:55.059 implemented response to the Fukushima 00:17:57.29900:17:57.309 disaster so Germany last I know was an 00:18:01.91900:18:01.929 independent country with an elected 00:18:03.59900:18:03.609 government they made a decision to phase 00:18:06.26900:18:06.279 out nuclear energy some people think 00:18:07.83000:18:07.840 it's a good idea some people think it's 00:18:09.50900:18:09.519 a bad idea but the last I heard that 00:18:11.87900:18:11.889 should be a decision of the German 00:18:14.99900:18:15.009 government and the people who elected 00:18:17.24900:18:17.259 that government the elected officials of 00:18:20.39900:18:20.409 Germany are not dummies I presume they 00:18:22.32000:18:22.330 do what their people want them to do 00:18:24.21000:18:24.220 they pay the political consequence but 00:18:26.99900:18:27.009 that is a decision of the elected 00:18:30.89900:18:30.909 officials of Germany and they said let's 00:18:34.13900:18:34.149 phase out nuclear power and yet now they 00:18:37.44000:18:37.450 are being sued by a Swedish energy 00:18:40.25900:18:40.269 company Vattenfall for some five billion 00:18:42.89900:18:42.909 dollars because they made that decision 00:18:46.07000:18:46.080 now that's just what's going on right 00:18:48.41900:18:48.429 now think about what that means into the 00:18:51.74900:18:51.759 future it means that any government 00:18:53.48900:18:53.499 around the world or in this trade 00:18:57.21000:18:57.220 agreement it means that any state in the 00:19:00.09000:19:00.100 United States of my state of Vermont 00:19:01.56000:19:01.570 which is sensitive to the environment 00:19:03.49900:19:03.509 decides to go forward on an 00:19:05.51900:19:05.529 environmental piece of legislation why 00:19:08.27900:19:08.289 some large corporation can go to an 00:19:10.16900:19:10.179 independent tribunal and say look we're 00:19:12.18000:19:12.190 gonna sue Vermont for a billion dollars 00:19:13.76900:19:13.779 because we wanted to do business there 00:19:15.77900:19:15.789 and your environmental regulations are 00:19:18.81000:19:18.820 impacting our ability to make profit and 00:19:20.82000:19:20.830 undermine with the state of Vermont or 00:19:23.84900:19:23.859 the state of Georgia or any other state 00:19:26.15900:19:26.169 chooses to do that to me is just beyond 00:19:31.32000:19:31.330 comprehension that anybody would vote 00:19:33.26900:19:33.279 for that legislation we could disagree 00:19:35.07000:19:35.080 what they do in Egypt you could disagree 00:19:37.37900:19:37.389 what they do with what they do in 00:19:38.97000:19:38.980 Uruguay we could disagree with what we 00:19:40.76900:19:40.779 do here but to say that an independent 00:19:43.28900:19:43.299 tribunal could provide billions of 00:19:46.20000:19:46.210 dollars in damage to a corporation 00:19:48.21000:19:48.220 because of a democratically made 00:19:51.11900:19:51.129 decision in the United States or any 00:19:52.88900:19:52.899 other country around the world is to me 00:19:55.73900:19:55.749 just incomprehensible the last point 00:20:00.86900:20:00.879 that I would want to make 00:20:02.94000:20:02.950 the president deals with a health issue 00:20:10.49000:20:10.500 clearly one of the health crises that we 00:20:15.18000:20:15.190 face not only in America but around the 00:20:17.67000:20:17.680 world is the high cost of prescription 00:20:19.29000:20:19.300 drugs in our country if my memory is 00:20:22.17000:20:22.180 correct some twenty five percent of 00:20:25.31000:20:25.320 Americans who receive prescriptions from 00:20:30.33000:20:30.340 doctors are unable to afford to fill 00:20:32.67000:20:32.680 those prescriptions she go to the doctor 00:20:34.71000:20:34.720 the doctor diagnoses you writes out a 00:20:37.08000:20:37.090 script and the person says thank you 00:20:39.12000:20:39.130 very much doesn't have the money to fill 00:20:40.56000:20:40.570 that script it's bad in this country but 00:20:43.23000:20:43.240 obviously it is much worse in very very 00:20:45.84000:20:45.850 poor countries around the world and what 00:20:50.25000:20:50.260 this agreement will do if it were passed 00:20:53.49000:20:53.500 is among other things allow 00:20:56.57000:20:56.580 pharmaceutical companies to fight back 00:21:00.06000:21:00.070 against their brand-name products being 00:21:04.92000:21:04.930 converted into generics at much lower 00:21:07.44000:21:07.450 prices so poor countries all over the 00:21:10.35000:21:10.360 world would have to struggle to come up 00:21:12.15000:21:12.160 with very very high prices for medicine 00:21:16.08000:21:16.090 for people who don't have a whole lot of 00:21:18.69000:21:18.700 money and in fact that is why Doctors 00:21:22.38000:21:22.390 Without Borders has said and I quote 00:21:23.82000:21:23.830 Doctors Without Borders as you may know 00:21:25.50000:21:25.510 mr. president is a heroic group of 00:21:27.96000:21:27.970 doctors who whenever there is a 00:21:30.00000:21:30.010 healthcare crisis around the world 00:21:32.67000:21:32.680 whether it's Ebola in Africa or whatever 00:21:34.59000:21:34.600 it is these guys are they're putting 00:21:36.39000:21:36.400 their lives on the line I think some of 00:21:37.83000:21:37.840 them have died to provide medical 00:21:40.68000:21:40.690 treatment in the most difficult 00:21:43.35000:21:43.360 circumstances to the most to the poorest 00:21:46.29000:21:46.300 people around the world they are really 00:21:47.85000:21:47.860 an aerobic group of people and The 00:21:50.79000:21:50.800 Doctors Without Borders has said and I 00:21:52.74000:21:52.750 quote the TPP agreement is on track to 00:21:56.40000:21:56.410 become the most harmful trade pact ever 00:21:58.71000:21:58.720 for access to medicines in developing 00:22:01.59000:22:01.600 countries and the quote so mr. president 00:22:04.80000:22:04.810 to my mind the vote that we're going to 00:22:08.25000:22:08.260 have in a short time is really a 00:22:12.63000:22:12.640 no-brainer are we dumb enough 00:22:16.89000:22:16.900 to continue down the road of failed 00:22:19.35000:22:19.360 trade policies I would hope not do we 00:22:23.19000:22:23.200 think it is a good idea to be siding 00:22:25.73000:22:25.740 with corporate America who have already 00:22:29.25000:22:29.260 used previous trade agreements to 00:22:31.77000:22:31.780 outsource millions of our jobs and who 00:22:33.78000:22:33.790 think this Agreement is just wonderful 00:22:35.75000:22:35.760 are we gonna stand with Wall Street 00:22:37.98000:22:37.990 whose greed is without just has low 00:22:44.49000:22:44.500 limits are we going to stand with the 00:22:47.73000:22:47.740 pharmaceutical industry who wants to 00:22:49.35000:22:49.360 sell drugs to people all over the world 00:22:50.79000:22:50.800 at a higher price or do we stand with 00:22:53.66000:22:53.670 unions environmental groups religious 00:22:56.19000:22:56.200 groups do we get involved in a trade 00:22:59.31000:22:59.320 agreement which allows corporations to 00:23:03.08000:23:03.090 undermine the democratic rights of 00:23:06.06000:23:06.070 countries who stand up for their 00:23:08.37000:23:08.380 environment stand up for the health and 00:23:10.68000:23:10.690 well-being of their kids do we make it 00:23:14.19000:23:14.200 harder for poor people around the world 00:23:15.81000:23:15.820 to get the medicines they need this 00:23:17.22000:23:17.230 really is mr. president 00:23:19.08000:23:19.090 a no brainer and I would hope that the 00:23:22.50000:23:22.510 members of the United States Senate 00:23:25.32000:23:25.330 send a resounding note to the corporate 00:23:31.14000:23:31.150 world that you can't have it all that we 00:23:34.32000:23:34.330 are going to pass trade agreements which 00:23:35.94000:23:35.950 protect working families which protect 00:23:38.28000:23:38.290 the middle class which protect 00:23:40.32000:23:40.330 struggling people all over the world 00:23:42.24000:23:42.250 we're going to vote no on fast-track and 00:23:44.52000:23:44.530 no on the TPP with that mr. president I 00:23:47.88000:23:47.890 would yield the floor and note the 00:23:49.59000:23:49.600 absence
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