GUEST: Financial journalist David Dayen...
By Brad Friedman on 11/19/2015, 4:22pm PT  

On today's BradCast (audio link below): The U.S. House rolls over for ISIS. And, could NAFTA and TPP lead to a return of the previously rejected Keystone XL pipeline?

First, the U.S. House voted today to do the bidding of ISIS by passing a bill that would essentially block refugees from war-torn Syria and Iraq from coming to the U.S.. Shamefully, while the bill was passed mostly by Republicans, some 47 cowardly Democrats voted in favor of what both Bin Laden and ISIS have made very clear they would love to see.

Meanwhile, wingnut conspiracy theories about Obama's super secret plan to force a "Muslim overthrow of the U.S." and the "Islamization" of our country continue to grow from the bowels of rightwing radio up through state legislatures and even into Congress and the U.S. Presidential race.

All of that, as, surprise surprise, a new report finds that illegal Mexican immigration is actually at a net negative during the Obama Administration, with some 130,000 fewer undocumented Mexicans now in the country, versus prior to 2009.

Then, financial journalist David Dayen of The Fiscal Times, Salon, WaPo, The Intercept and more joins us to explain his disturbing assertion about the troubling mechanism built in to both NAFTA and the newly released TransPacific Partnership (TPP) trade agreement that could lead to approval, after all, of the Keystone XL pipeline --- even though the dirty tar sands project has finally been rejected by the White House.

Dayen explains how KXL's owner, TransCanada, could invoke the "extra-judicial tribunal" known in both trade agreements as the Investor State Dispute Settlement (ISDS) system in order to force compensatory damages that might either lead to approval of the pipeline after all and/or serve to help scuttle the TPP itself.

The ISDS tribunals, as Dayen explains today, are "composed of corporate lawyers who can act on behalf of the corporation in one case and then sit on a panel judging that corporation on another case." He says that "one of the options" TransCanada now has is that "through the ISDS system in NAFTA, they can sue and say 'this is a violation, you are discriminating against a foreign pipeline operator relative to domestic pipeline operators, and we are going to sue for compensatory damages based on our expected future profits'." The resulting decision could become a "political footbal" at the "worst possible timing for the Administration," as they hope to put TPP up for a vote in a Congress where more Republicans and Democrats are coming out against the agreement.

There is much more that you need to know about in our conversation concerning the proposed TPP agreement, now that its 5,000 or so pages have finally been released to the public and now that the frontrunners for President in both the Republican and Democratic Parties have come out against it. "Political football," indeed.

Listen to today's show for much more welcome clarity on all of the above!

Finally, speaking of pipelines and more, Desi Doyen joins us with our latest Green News Report on yet another rejected Canadian pipeline; the GOP's intensifying witch hunt against scientists (as discussed in more detail on a recent BradCast with David Roberts); and the planet's hottest October ever recorded...

Download MP3 or listen to complete show online below...

* * *
While we post The BradCast here every day, and you can hear it across all of our great affiliate stations and websites, to automagically get new episodes as soon as they're available sent right to your computer or personal device, subscribe for free at iTunes, Stitcher, TuneIn or our native RSS feed!
* * *

MONTHLY BRAD BLOG SUBSCRIPTION
ONE-TIME DONATION


Choose monthly amount...


(Snail mail support to "Brad Friedman, 7095 Hollywood Blvd., #594 Los Angeles, CA 90028" always welcome too!)