"But, shockingly, last night Democratic House Speaker Nancy Pelosi joined the White House and congressional Democrats and Republicans in charge of trade to announce a "deal." The deal would facilitate passage of at least Bush's NAFTA expansions for Peru and Panama. The deal involves adding stronger labor and environmental standards, but falls way short of de-NAFTA-fying those two trade agreements by removing the bans on anti-off-shoring and Buy America policies, or the outrageous foreign investor rights that facilitate off-shoring and attacks on our health and environmental laws. It's a scenario where some truly tasty icing has been spread over a deeply rotten cake."
More on this and similar issues on the Public Citizen site (Thanks Annie)