On Fast Track Enabled Partnerships, President Obama Violates Covey’s 1st Behavior of Highly Trusted Leaders

Hugh J. Campbell Son of a steelworker, Philadelphia, Pa.

In the article I’m Not Making This Up: Corporations Use Trade Deals To Attack U.S. Law, Dave Johnson quotes President Obama as follows: the “Critics warn that parts of this deal would undermine American regulation – food safety, worker safety, even financial regulations. They’re making this stuff up. This is just not true. No trade agreement is going to force us to change our laws. This agreement would make sure our companies aren’t discriminated against in other countries.”

In Stephen M.D. Covey and Greg Link’s Book SMART TRUST – CREATING PROSPERITY, ENERGY AND JOY In A LOW-TRUST WORLD, the first Trust-Building Behavior emphasized is Talk Straight.

The counterfeit of this behavior is: "Spinning", positioning, posturing, and manipulating.  Withholding information, beating around the bush, double-talking, and flattering.  "Corporate speak".  Technically telling the truth, but leaving the wrong impression.

The last counterfeit behavior: Technically telling the truth, but leaving the wrong impression is demonstrated by President Obama’s statement “No trade agreement is going to force us to change our laws.” This statement is technically true, by leave the wrong impression. No country going to be forced to change their law, but if they don’t the winning foreign corporation must be paid compensation for any lost profits by the losing jurisdiction (legalized extortion) and as a practical matter, many jurisdiction will change their laws to avoid paying the compensation ad infinitum.

This counterfeit practice of is the tip-of-the-iceberg of violations of Behavior of Highly Trusted Leaders by advocates of Fast Track Enabled Partnerships.

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Hugh Campbell is a seasoned financial professional, currently providing subject matter expertise on a variety of regulatory topics, including the Dodd-Frank Act, the Foreign Account Tax Compliance Act (FATCA) and overall compliance monitoring. Hugh has previously held positions as Chief Risk Officer (CRO), Chief Audit Executive (CAE) and Director of Sarbanes-Oxley (SOX) Compliance.

Posted In: Union Matters

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