It's been going on a long time. General Butler, who got Medal of Honor twice & led many wars, straight up said in his confession (War is a Racket) they hit countries to enforce American capitalism while pretending it was about liberty, etc. I can also direct you to some resources covering how much people in Iraq and Afghanistan appreciate how America doesn't do imperialism any more. Oh, wait, I don't know any...
Well, ISDS – which, obviously, is a way to give up parts of sovereignty (not necessarily bad) – has some specific exceptions that make it unlikely it can be used against the US, instead mostly against the other partners.
This gradient of power reminds of the colony-empire relationship of one entity having might over another. (though not nearly comparable, I used it as hyperbole)
In a good treaty both the US and any partners – like Japan, Singapore, or New Zealand – would get the exact same rights.
Yeah, but they say that in order to appeal to us voters, who are assumed all to be ignorant jingoist buffoons, ready to support any idiocy so long as it can be imposed on foreigners. It's actually like many other political efforts in this country, in that only the interests of the very richest donors, corporations, and lobbyists are considered.
Obama sees the TPP as a key part of his legacy (along with Obamacare). I think that sentence might have been as much about self-aggrandizement as it was jingoism.
He really seems to think that the TPP is a key plank in shoring up American power in Asia.