port, shipping, cargoThe Trans-Pacific Partnership, or TPP, is supposedly nearing its finalization today before being turned over to a vote by the governing bodies of the various 12 countries involved. Among the final hurdles recently cleared and those yet to be cleared are environmental-protection conditions, and dairy products and pharmaceuticals respectively. Late yesterday at their reportedly final meeting in Maui, negotiators reached agreements on environmental protections although organizations such as the Sierra Club continue to say not enough is being done or committed to in this vein. The Sierra Club is not alone; aside from the remaining hurdles, there are many other concerned parties sounding off, to put it mildly.Continue reading

This week marked the five-year anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act being signed into law. The act is still not complete as parts of it are under review or yet to be written, but it is the biggest piece of consumer protection legislation to be passed since the legislation that was approved following the 1929 crash, including the US Banking Act of 1933 that contained the famous Glass-Steagall provisions. To commemorate this anniversary, Better Markets, a financial watchdog organization, assembled a report that details, among other things, the cost of the 2008 crisis. Continue reading