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A teenager who knows me too well says I'm obsessed with endlessly refighting the battle against free trade. That rings pathetically true. And now who wins a small victory over the ancient foe? Them. The U.S.! History is cruel.
It happened last week. President Barack Obama backed the latest in free trade, the Trans-Pacific Partnership -- or TPP. The august Senate backed him. But the House of Representatives, the elected body nearest the people, voted No. It took a savvy, impassioned, grassroots campaign to make that happen and even so, it's not over. Pro-free traders are already attempting a TPP resuscitation. Victories over free trade should be celebrated swiftly. But what explains even that hiccup?
If you're a top executive at a major corporation, no need to read further; you'll know all this.
But if you're an ordinary person, you may not. You've probably heard of "executive stock options" -- a perk that allows corporate executives a special deal on purchasing the company's stocks.
And you may suspect that these stock options are connected to the rampant greed and corruption that have plagued the corporate world in recent years. If so, you'd be right.
Even leading business thinkers agree.