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In reply to the discussion: TPP: do you truly give a crap? [View all]djean111
(14,255 posts)29. IMO the TPP is a step towards making the US (and the world) sort of like a giant WalMart.
Low wages, shoddy goods, no benefits, spit on environmental and human concerns.
Killing the golden goose - the working class.
Here are some other things that the "trade" agreement will do :
http://www.exposethetpp.org/TPPImpacts_Public-Health.html
The TPP would provide large pharmaceutical firms with new rights and powers to increase medicine prices and limit consumers' access to cheaper generic drugs. This would include extensions of monopoly drug patents that would allow drug companies to raise prices for more medicines and even allow monopoly rights over surgical procedures. For people in the developing countries involved in TPP, these rules could be deadly - denying consumers access to HIV-AIDS, tuberculosis and cancer drugs.
The TPP would establish new rules that could undermine government programs in developed countries. The TPP would control the cost of medicines by employing drug formularies. These are lists of proven medicines that the government selects for use by government health care systems. Lower prices are negotiated for bulk purchase of such drugs and new medicines that are under monopoly patents are not approved if less expensive generic drugs are equally effective. Drug firms would be empowered to challenge these decisions and pricing standards. In the United States, these rules threaten provisions included in Medicare, Medicaid and veterans' health programs to make medicines more affordable for seniors, military families and the poor.
TPP would empower foreign pharmaceutical corporations to directly attack our domestic patent and drug-pricing laws in foreign tribunals. Already under NAFTA, which does not contain the new rules proposed for TPP, drug firm Eli Lilly has launched such a case against Canada, demanding $100 million for the government's enforcement of its own patent standards.
The TPP would also empower foreign corporations to directly challenge domestic toxics, zoning, cigarette and alcohol and other public health and environmental policies to demand taxpayer compensation for any such policies that undermine their expected future profits. Often initiatives to improve such laws are chilled by the mere filing of such an "investor-state" case. In other instances, countries eliminate the attacked policies. For instance Canada lifted a ban on a gasoline additive already banned in the U.S. as a suspected carcinogen after an investor attack by Ethyl Corporation under NAFTA. It also paid the firm $13 million and published a formal statement that the chemical was not hazardous.
Gee, what will this do to health care premiums? The insurance companies will just raise them, they are not going to eat increased prices for medicine or health care.
My, what a legacy! And how wonderful that The Inevitable One helped write this and is, of course, in favor of it.
I guess being against the TPP is my glitter-shitting unicorn. But - it is quite a massive unicorn, no?
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According to Krugman, proponents and opponents of it are hyping the positives and negatives.
Ykcutnek
Dec 2014
#5
Krugman, an economist, is analyzing the economics. My biggest concern is legal.
Jim Lane
Dec 2014
#20
I don't like it for the same reasons Obama gave when he said he was going to re-negotiate NAFTA
nationalize the fed
Dec 2014
#9
Canada and Mexico are part of TPP negotiations. Terms of trade with them are being "renegotiated".
pampango
Dec 2014
#14
We* bail out the banks. Give multi-billion dollar bonuses to the banksters who stole it.
Octafish
Dec 2014
#10
Why is it taking so long to get it passed? I thought corportists, Obama, other nations planning to
Hoyt
Dec 2014
#11
I oppose any agreement that is so bad, so thrreatening to our society that its provisions have
JDPriestly
Dec 2014
#12
If it was to be so good for us, where's the transparency? I'm sure the 1% love it!
dmosh42
Dec 2014
#15
It would be a good idea IF, as China and some republicans seem to fear, it has labor and environment
pampango
Dec 2014
#16
Environmental protections and labor rights have been in the language of the TTP from the start.
ucrdem
Dec 2014
#21
We don't know that. If they are not strict, there is not good reason to consider them. n/t
pampango
Dec 2014
#40
I believe they have made clear that is the intent. I don't think it will matter.
pampango
Dec 2014
#46
Once we can get our wages on par with China it will be an employment renaissance.
raouldukelives
Dec 2014
#18
Nat'l Geographic: 4 Ways Green Groups Say Trans-Pacific Partnership Will Hurt Environment
RiverLover
Dec 2014
#24
IMO the TPP is a step towards making the US (and the world) sort of like a giant WalMart.
djean111
Dec 2014
#29
As I brought to another poster, there's a simple test for whether it's a good idea.
Scootaloo
Dec 2014
#51