Much, I am afraid. The good part of it, or the bait, is the free trade provisions, as a friend argues. An analysis by the World Bank found that if ratified by signatories, the TPP "agreement could raise GDP in member countries by an average of 1.1 percent by 2030. It could also increase member countries’ trade by 11 percent by 2030. An analysis by economists Peter A. Petri and Michael G. Plummer of the Peterson Institute for International Economics projects that the TPP would increase incomes in the U.S. by $131 billion annually, or 0.5 percent of GDP. Exports from the U.S. would increase by $357 billion annually, or 9.1 percent, as a result of the agreement.

So it is all hunky dory and a no brainer, right, right? Not at all. The TPP assures the triumph of global capitalism over national interests in the most heavy handed fashion.

The free trade aspects of TPP are good, although I think they are a bit overstated because tariffs are already very low, but actually they are a minor part of the TPP. In truth, the TPP has several Trojan horses slipped into it which are disastrous because they compromise on our sovereignty, move signatories nations toward world corporate governance in compromise of our own, will worsen income inequality and they will undermine social and domestic commercial justice. Those are the rubs.

Otherwise, why should negotiations and drafts have been kept so secret for so long? Why should "just free trade issues" be kept secret? Obviously, there is more. We are being pushed to bite on the bait of free trade and its benefits, without knowing or understanding the rest of TPP and what the Trojan horses in it entail.

One Trojan horse of the TPP pertains to investment, not trade. The investment provisions in it make it much more attractive for American businesses to move jobs and production offshore and away from the US which would then be stopped by treaty law from doing anything about it. It ties our hand here.

Another Trojan horse is the TPP defines a bad set of rules for globalization and dominating world corporate governance. World corporate courts would have exclusive jurisdiction to arbitrate economic disputes under the treaty and US federal courts would lose jurisdiction, a provision of questionable constitutionality. Any member nation could be sued for damages in world corporate courts for enacting any law which results in reduced corporate global profits for a company.The so-called Investor-State Dispute Settlement (or ISDS) clause allows private corporations to seek arbitration against national laws and regulations that affect their profits. Decisions could potentially cost taxpayers gigantic sums. They are not appealable.

The TPP is sweeping in its scope and covers and controls everything from fishing rights and fisheries, to auto parts, to labor laws, environmental laws and to intellectual property laws, removing a member nation's sovereignty to address those matters. Critics believe that an expansion of the U.S. IP regime will become entrenched, unchangeable and the dominant position of multinational corporations, handing them even more power than they already have and stifling innovation. IP law already hugely over reaches and is due for a hair cut now to be precluded.

The TPP will extend the life of copyrighted material for an additional 20 years, on top of the existing 50 years after the end of the author’s life. The provisions are quite stringent and one-sided: they run the gamut from copyright extension for content owners and patent owners (especially drug companies) to the criminalization of ignored digital protection (even without any intent to distribute).

Many conclude the TPP will rewrite global rules on intellectual property and its enforcement for the new global corporate world and its courts of arbitration. Critics also claim that TPP provisions regarding drug data and drug patents will be harmful to health care policy worldwide, preventing countries from developing cheaper and generic drugs and their own such policies.

I could go on, but the outline is clear enough.