The Nation's William Greider has a piece criticizing the Deathstar Deal:
Democrats were rightly alarmed. Doing a deal with Bush and the multinational lobby suggested Pelosi and senior colleagues were ignoring the rebellious content of last Fall's election and prepared to put the new voices in their place. At a time when Bush's base is imploding, it did not seem smart politics to splinter the Democratic party on such a pivotal matter.
The leadership was pursuing business-as-usual, Washington style, in the name of accomplishing something, however flawed. In fact, they were embracing the same failed model for trade agreements that produced horrendous losses of US manufacturing production and jobs during the last fifteen years. The model includes the scandalous special privileges for multinational capital and corporations, the so-called "investor-state" provisions that began with's NAFTA...
If they are wise, the party leaders will let the Peru-Panama agreements die quietly without a roll call. The economic stakes are trivial, but the principle is not. What is the point of givinga cheap victory when half or more of the Democratic caucus will likely vote against their own leaders? Not a good start for a party trying to reinvent itself and restore its reputation with the public.
A truce now leaves the substantial issues on the table for the real fight later. Democrats in Congress seem divided almost along generational lines. Those who endured all the hard years in the wilderness as the impotent minority naturally want to legislate now that they can. The newcomers who want big change are understandably suspicious of incremental measures that continue down the wrong road.
For Pelosi and other leaders, the choice is about more than emotional loyalties to the old guard. The new crowd represents the party's potential for real growth and a working majority. Lose them and you lose the future.