- May 07, 2015 -
‘The Donald’ Rebukes Obamatrade
Billionaire real estate mogul and reality television star Donald Trump is the latest GOP presidential contender to come out against "Obamatrade” – a backdoor effort by U.S. president Barack Obama‘s to endorse foreign currency manipulation, subsidize the outsourcing of U.S. jobs and erode America’s borders and its rule of law.
“Some in the Republican Party are working overtime to hand more power to President Obama,” Trump says in a new radio ad. Produced by Americans for Limited Government – which has been leading the fight against this crony capitalist monstrosity – the sixty-second radio spot will begin airing in early voting South Carolina and New Hampshire beginning Thursday. A national rollout will follow.
“Obamatrade” is a two-part deal. The first part is “trade promotion authority” (TPA) – or “Fast Track” – which refers to the ability of Obama to unilaterally write and enforce the second part, which is the “Trans-Pacific Parternship” (TPP) – a massive trade deal with Pacific Rim nations.
The former is basically a blank check to the Obama administration to impose the latter – a special interest, crony capitalist bonanza that would benefit liberal Hollywood elites and wealthy bailout recipients on Wall Street at the expense of U.S. workers.
“This is a game changer in the debate over fast track trade authority,” said Rick Manning, president of ALG. “Mr. Trump’s business acumen and expertise makes him a unique and powerful voice whom America trusts to tell them the truth.”
