Cord Byrd: “I have followed the fast-track debate closely, and it is with some disappointment that I note the absence of any…”

“I have followed the fast-track debate closely, and it is with some disappointment that I note the absence of any discussion of the constitutional and institutional framework that governs our country's approach to foreign trade. A proper understanding of that framework is essential if we are to have a productive, enlightened debate about fast track. I am also convinced that some of fast track's most ardent admirers might find their ardor dimmed a little if they recognize the sordid truth about fast track. Accordingly, I wish to speak, not overly long, about the illegitimate birth and disreputable pedigree of fast track. And I will attempt to unfold a decidedly unflattering but undeniably truthful account of how Presidential machinations and arrogance combined with congressional spinelessness to produce the monstrosity of fast track. They will learn that fast track is not about saving jobs or opening markets or building a bridge to the next century. Fast track, in a very considerable measure, is about power--raw, unfettered, Presidential power.”