[Diarist's Note: Gaius Publius has provided written authorization to the diarist to republish their work in its entirety for the benefit of the Daily Kos community. On a related topic, and of critical note: Bernie Sanders is formally kicking-off his campaign, today. Progressives--real Progressives--know what to do!]
Gaius Publius: Hillary, TPP, the World of Money, and the Center for American Progress
May 25, 2015
By Gaius Publius, a professional writer living on the West Coast of the United States and frequent contributor to DownWithTyranny, digby, Truthout, Americablog, and Naked Capitalism. Follow him on Twitter @Gaius_Publius, Tumblr and Facebook. This piece first appeared at Down With Tyranny. GP article archive here.
I’ll put the bottom line first. There is no way that Hillary Clinton is not a strong supporter of TPP and Fast Track. Read on for why.
There has been a lot written lately, including here, about the Democratic Party split between progressives and “progressives” — the former of whom have most of the people on their side, and the latter of whom have most of the money. Elizabeth Warren, Sherrod Brown, Alan Grayson and others are firmly in the progressive camp, what’s being called the “Warren wing” of the party.
Most Democratic Party officials and electeds, however, are in the latter camp, which many call the “Wall Street wing,” though huge swaths of American (and foreign) moneyed interests, not just those on Wall Street, are supporters and controllers of that wing. To take just one moneyed interest — Big Oil — consider that:• Exxon is one of the largest owners of unmonetized methane (yet-to-be-fracked natural gas) in the country.
• “Left-wing” support groups and think tanks like EDF (Environmental Defense Fund) and NRDC (Natural Resources Defense Council) strongly support (pdf) the “temporary” transition to natural gas as a bridge fuel.
• NRDC in particular is said to have had a hand in Obama’s new climate plan.
• And … President Obama’s big climate plan — his “Clean Power Plan” (a very methane industry–like phrase) — happens to preference methane over everything else in our arsenal, including just quitting carbon in a World War II–style conversion and being done with it.