Tuesday, March 24, 2015

Carlyle's Rubenstein Wants TPP Trade Deal

CNBC interviewed Carlyle Group co-founder David Rubenstein.  Near the end of the interview he addressed trade legislation:

"... the business community would like to see is trade legislation passed by the Congress in this session.  I think that would do a great deal for the U.S. economy, particularly the Pacific related trade agreement.  If that could get done, passed through the Congress I think that would do a great deal for the U.S. export market.  I think it would be good for the countries that sign on to it.  We're very focused in the business community on trade legislation.  That's probably the highest priority right now."
Got that Congress?  They pushed through pension busting legislation for the business community with no sunshine or debate.  Next up are trade deals that put business rights above national laws and court systems.  It's our PEU world, where politicians Red and Blue love PEU.