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My R-Rated Takeaways From Nobel Economist Stiglitz’s TPP Speech

The world will not be smiling if the Trans-Pacific Partnership passes, economist Joseph Stiglitz warned this week in Queens. Photo via The Guardian.

The world will not be smiling if the Trans-Pacific Partnership passes, economist Joseph Stiglitz warned this week in Queens. Photo via The Guardian.

The Trans-Pacific Partnership (TPP) will fuck us. It will fuck our 11 nation partners. It will fuck their residents and small businesses, their environments and their healthcare systems. It will leave us all fucked. And for what reason? The bottom line of multinational corporations. Fuck, fuck, fuckity fuck.

That was my abbreviated, R-rated takeaway from Nobel-winning economist Joseph Stiglitz’s speech Wednesday night at P.S. 69 elementary school in Jackson Heights, Queens on the proposed 12-nation Trans-Pacific Partnership. The 73-year-old Columbia professor and Clinton administration veteran, of course, did not resort to vulgarities while questioning the Obama administration for supporting the “trade agreement” which could have devastating impacts for all countries involved. The plan being drafted in secret by the Asian-Pacific partner nations and 600-plus corporate lobbyists is its own obscenity, a potential stain on the global market that will not be easily removed, the economist warned.

“When you have issues of secrecy … ” Stiglitz said to the hundreds gathered inside the auditorium, “the natural question is why. What are they trying to hide?”

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