The Democratic Party's draft policy agenda reflects a shift in the debate over a tax on financial transactions that would curb short-term speculation and generate massive revenue.
TransCanada is suing the US government for $15 billion in damages under NAFTA rules. The TPP would increase the chances of similar lawsuits in the future.
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Michael Hudson is a senior editor at the International Consortium of Investigative Journalists. He is the author of The Monster: How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America —and Spawned a Global Crisis.