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fasttense

(17,301 posts)
15. 140 Nations agreed to let Goldman Sachs raid their banks.
Sun Sep 15, 2013, 10:29 AM
Sep 2013

Aside from Larry Summer's involvement in creating the crash, the Palast story explains how the WTO has been turned into a tool of the corporations and banks.

No longer is its primary mission to reduce tariffs (as the GATT), now it wants to control ALL trade in the World. It wants to control how much you spend on an apple. It wants to control where you buy diapers. It wants to control how much interest you pay to the corporate bank royals. It wants to control it ALL.

So, you can scream about Clinton passing the repeal of Glass-Steagall but the agreement had already been signed. The WTO had already made the repeal of the law a requirement for ALL WTO nation members. AND there is more, much more.

Some of those WTO agreements, agreement the US has pushed and has already agreed to, have fines, penalties and tribunal decisions if countries promote their local grown, manufactured or made products over an international corporation's products. It's just a matter of time before some greedy international corporation files a complaint with the WTO's tribunal (of which there is no appeal) that the US is promoting American, locally grown, agriculture products over imported poisoned crap. I'm sure China would like an outlet for all its vegetables farmed with human waste. They could label it Organic.

We no longer have sovereignty of our nation when a group of international banksters and corporations can say what you will get to eat.

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Scary. skydive forever Sep 2013 #1
from the article questionseverything Sep 2013 #45
Read through to the bitter end. It will explain much. RC Sep 2013 #2
Ignore it most likely nadinbrzezinski Sep 2013 #34
There are certain things that they can't spin. RC Sep 2013 #35
Pretty damn vile. But I think this is why Obama will not nominate Summers. Autumn Sep 2013 #3
Obama will nominate sulphurdunn Sep 2013 #6
I'm not too sure of that. Obama has shown that he is willing to change course. Autumn Sep 2013 #8
If any evidence sulphurdunn Sep 2013 #13
No, I don't have any evidence to that. Autumn Sep 2013 #14
Fair enough. sulphurdunn Sep 2013 #19
The valid, overwhelming objections to Summers have been laid out for Obama for MONTHS Divernan Sep 2013 #21
I read that and I agree. But I think that Summers did that because he wants the job. Autumn Sep 2013 #32
No one has any evidence of that. n/t AnotherMcIntosh Sep 2013 #25
I remember he called them fat-cat bankers once, right before letting them off the hook magical thyme Sep 2013 #42
What exactly do you think would happen? DireStrike Sep 2013 #7
I think Janet Yellen is the easiest choice. Yes I do think Summers Autumn Sep 2013 #12
Those three years are the whole point - time to exploit the US for the benefit of the one percent Divernan Sep 2013 #22
What would happen? They wouldn't make him a multi-millionaire after the election. magical thyme Sep 2013 #43
The Plutocrat's Friend Octafish Sep 2013 #4
wow! heaven05 Sep 2013 #33
Seeing how they have most of the money and all the big guns, it seems that way... Octafish Sep 2013 #36
All except the Arab countries that do not allow usury malaise Sep 2013 #5
Is gregpalast a reputable news source? iandhr Sep 2013 #9
Do a Google search on Greg Palast and Iraq and education etc etc marmar Sep 2013 #11
Don't let the snap in Greg Palast's writing style throw you off. He researches JDPriestly Sep 2013 #37
fuck yeah. KG Sep 2013 #38
Greg Palast was the investigtive reporter who ... bvar22 Sep 2013 #39
The Citigroup Plutonomy Memos: Two bombshell documents that Citigroup's lawyers try to suppress malaise Sep 2013 #10
140 Nations agreed to let Goldman Sachs raid their banks. fasttense Sep 2013 #15
666 sulphurdunn Sep 2013 #20
I don't know about any mark fasttense Sep 2013 #40
The "mark of the beast" sulphurdunn Sep 2013 #47
This is really weird but Vanje Sep 2013 #50
I'm sorry you noticed that. sulphurdunn Sep 2013 #54
No need to wonder what all the WTO protestors from the past were protesting about. L0oniX Sep 2013 #28
Thanks, trumad. We should expel these creeps from our country forever and confiscate Zorra Sep 2013 #16
Good analogies by Lee Camp theaocp Sep 2013 #17
Sounds like Obama should expatriate Summers, not promote him. Baitball Blogger Sep 2013 #18
There is no stopping this. No wonder Obama's NSA is spying upon all of us. AnotherMcIntosh Sep 2013 #23
Marking for later read underpants Sep 2013 #24
Good read and I believe it ...inspite of Greg Palast being thrown under the bus here at DU. L0oniX Sep 2013 #26
So Summers talks to bank CEOs about international negotiations about banking muriel_volestrangler Sep 2013 #27
And the memo reveals a lot about Summers and..... grahamhgreen Sep 2013 #29
Summers is a mysogynistic Corporatist crony Berlum Sep 2013 #30
glass-steagall act heaven05 Sep 2013 #31
But Clinton was just putting the icing on the cake fasttense Sep 2013 #41
bookmarked for future use. It's another red line of mine. magical thyme Sep 2013 #44
Bookmarked. Really important must-read for ALL Americans (not just DU) nt riderinthestorm Sep 2013 #46
A Randian psycho from Nixon and Reagan's legacy like Alan Greenspan: freshwest Sep 2013 #48
When I grew up, Isoldeblue Sep 2013 #51
A lot better than cussing like a sailor, which I know how to do... freshwest Sep 2013 #52
Well then, we have much in common Isoldeblue Sep 2013 #53
Thank you! Vanje Sep 2013 #49
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