9 Disastrous Ways the TPP Will Affect Your Daily Life

[Ferd Berfel]

http://economyincrisis.org/content/nine-ways-the-tpp-will-affect-your-daily-life

The White House and corporatists in Congress passed fast track trade authority to railroad the massive Trans-Pacific Partnership (TPP) through Congress. This awoke a sleeping giant of citizens upset about how it passed and what the TPP would do to America, making the TPP and hot topics for the 2016 elections. Why did they need fast track so badly? Because without it, the TPP wouldn’t stand a chance at passing. With history showing how “free trade” agreements have failed us and the devastating effects of the WTO, this comes as no surprise.

(snip)

The danger with the TPP though is deals with so much more than just trade. Some of the other dangerous provisions in the TPP include ones that affect:

>The Internet and internet regulations

>Food safety and labeling policies

>Health care, decreasing access and increasing the cost of medicines

>Our environmental policies, lowering our standards

>Workers’ rights and labor standards

>It would devastate financial regulations we have put in place to protect our economy

>Service-sector regulation

>Investments

>Patents and copyrights making goods more expensive and discouraging innovation


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Bill Clinton sold us out: NAFTA, WTO, GATT, Telecommunications Act, Glass-Stegal, and more
Obama sold us out: TPP,

Hillary will just be more of the Same corporate, DLC, BLue Dog, Republican lite crap.

The only possibility of progress this time around is Bernie.

[Jackilope]

1. The 1%, the media, Wall St. All working against us.

Bernie is truly the ONLY candidate that stands for us.

[Hoyt]

2. New environmental accord takes care of much what is not in TPP. TPP will improve labor standards

above what exist now. The world economy is important too. Food labeling issues exist without TPP. Won't "devastate" financial regulations. And there is more.

But I guess all the countries party to TPP, the TTIP --including Scandinavian countries -- etc., are all fools.

[eridani]

6. The 1 percenters in all countries just love the fucking that the 99% will get n/t

[Ferd Berfel]

11. I can't fathom anyone here supporting TPP

[Hoyt]

12. Just depends on whether you are like Scandinavian, European, etc., and other major countries --

and understand that we are not going to produce the income necessary to fund all the things we want -- low-cost education, health care, good paying jobs, social security, etc. -- trading among ourselves in the 21st Century. Now, how trade benefits get distributed to society and taxed, is an entirely different issue. I prefer the latter problem of deciding how to distribute the trade benefits to people who deserve it vs. being a poorer country in a world economy with little to distribute. I also believe a growing world economy is good for everyone, including us.

[AzDar]

3. Elect Bernie!

[ViseGrip]

4. Why do people support Hillary?

[philosslayer]

9. Because she has stated her opposition to TPP

N/t

[CharlotteVale]

5. K&R

[eridani]

7. ISDS isn’t a one-time, hypothetical problem – we’ve seen it in past trade agreements

Just in the past few years:

A French company sued Egypt after Egypt raised its minimum wage.
A Swedish company sued Germany because Germany wanted to phase out nuclear power for safety reasons.
A Dutch company sued the Czech Republic because the Czech Republic didn't bail out a bank that the Dutch company partially owned.
Philip Morris is using ISDS right now to try to stop countries like Australia and Uruguay from implementing new rules that are intended to cut smoking rates – because the new laws might eat into the tobacco giant’s profits.

Someone explain WTF any of this has to do with trade.

[pampango]

10. You are right. ISDS exists in the WTO, NAFTA and every other trade agreement/organization.

The concept did not exist before FDR's International Trade Organization. It seems to be one that is around to stay. How it is structured and implemented in each agreement is extremely important.

[eridani]

13. No corporation should ever have the right to overrule an elected government. n/t

[Scuba]

8. K&R