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ND-Dem

(4,571 posts)

15. it makes it illegal to favor local buying by law

Sat Apr 18, 2015, 11:28 AM

Apr 2015

Each Party (country) shall accord to investors of another Party treatment no less favorable than that it accords, in like circumstances, to its own investors with respect to the establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments in its territory...

Put in plain English, the above paragraph means that signatory countries renounce their right to favor the domestic ownership and control of the lands, waters, and other productive assets and services essential to the lives and well-being of their people.

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Korten: A Trade Rule That Makes it Illegal to Buy Local? [View all] The Blue Flower Apr 2015 OP

That first one is absolutely aimed at replacing governments as the controlling factor of world power Erich Bloodaxe BSN Apr 2015 #1

That's what I get from this as well.. haikugal Apr 2015 #2

We need strange bedfellows QuestionAlways Apr 2015 #36

The favoring local business clause will help create US jobs. The US doesn't have protectionist okaawhatever Apr 2015 #3

... ND-Dem Apr 2015 #14

What makes you think that the corporations do not intend to use "do not buy local clause" for the jwirr Apr 2015 #18

There isn't a "do not buy local clause" someone has given you bad information. It has a "you okaawhatever Apr 2015 #47

The US does very little "trade" fasttense Apr 2015 #20

That's what they told us about NAFTA. Overseas Apr 2015 #44

BTW the headline is a total lie. You should be ashamed. The TPP in no way makes it illegal to buy okaawhatever Apr 2015 #4

it makes it illegal to favor local buying by law ND-Dem Apr 2015 #15

That is not what the headline says. The headline is a lie. And yes, that is one of the great okaawhatever Apr 2015 #31

But this agreement does not include China or India QuestionAlways Apr 2015 #37

True, but there are protectionist measures for TPP signing countries. Hopeflly doing business okaawhatever Apr 2015 #45

What are the protectionist measures for TPP signing countries. QuestionAlways Apr 2015 #49

Here is one example: okaawhatever Apr 2015 #55

No big deal it is just the Wal-marting of the Pacific. A nation can not LiberalArkie Apr 2015 #21

Sorry, this is the kind of absolute hysterical, dishonest crap that makes us opponents cali Apr 2015 #5

^^^this. mopinko Apr 2015 #9

... ND-Dem Apr 2015 #16

So Cali how do you interpret the clause: fasttense Apr 2015 #22

It makes it illegal for the government to favor local businesses. jeff47 Apr 2015 #28

And that is good ?? QuestionAlways Apr 2015 #38

So, is it good to ENCOURAGE using MORE fossil fuels to ship products "not local" around the world... cascadiance Apr 2015 #50

You did not notice the sarcasm in my question, I agree with you QuestionAlways Apr 2015 #57

My apologies... It's hard to sort out some of the rhetoric here at times... cascadiance Apr 2015 #59

No problem, and I hope this week goes better for you QuestionAlways Apr 2015 #60

Usually. jeff47 Apr 2015 #58

Is what good? Chan790 Apr 2015 #62

Corporations have taken official control of Congress and White House, now they want judicial branch whereisjustice Apr 2015 #6

It's a corporate coup d'�tats. Dont call me Shirley Apr 2015 #7

K&R! Omaha Steve Apr 2015 #8

Shameful distortions and fear mongering appears to be the go to arguments against the TPP. Fred Sanders Apr 2015 #10

So Fred how do you interpret the clause: fasttense Apr 2015 #23

"International companies and domestic companies will be subject equally to the laws of the nation they do business in." Duh. Fred Sanders Apr 2015 #26

So let's say there's a law that says government should favor local, small businesses. jeff47 Apr 2015 #29

So, encouraging local buying such as the "Pick Tenn" state funded promotion fasttense Apr 2015 #30

Promotion isn't unequal treatment and the TPP doesn't have any provision that stops promoting okaawhatever Apr 2015 #32

Why is promotion not considered "treatment" or "conduct"? fasttense Apr 2015 #48

China is not part o this agreement QuestionAlways Apr 2015 #41

This is a death knell to any poorer country. It will keep them from developing their own economy. jwirr Apr 2015 #11

B.S. This is preventing exactly what you said England did. Countries can't export okaawhatever Apr 2015 #33

actually local is an answer to climate change PowerToThePeople Apr 2015 #39

In the next two years the Rs are in control in the government. Any progress we make in climate jwirr Apr 2015 #43

K&R whereisjustice Apr 2015 #12

No TPP! Enthusiast Apr 2015 #13

Here is little 'ol me trying to understand - pro-con of TPP asiliveandbreathe Apr 2015 #17

this one is the one with quick power to destroy: ND-Dem Apr 2015 #19

B.S. It does not do what you claim. It doesn't set the rules for what speculation is allowed, okaawhatever Apr 2015 #35

As a TPP apologist, your credibility to tell people water is not wet... Chan790 Apr 2015 #63

I think it is time to start constructing guillotines. n/t PowerToThePeople Apr 2015 #24

�the expectation of gain or profit.�. . Well, HELL annabanana Apr 2015 #25

The phrase "Free Market" seems to just include one side of the equation.. annabanana Apr 2015 #27

STOP THE GOD DAMN TPP! Maineman Apr 2015 #34

K & R AzDar Apr 2015 #40

K&R. This provision also hurts our environment. Overseas Apr 2015 #42

Shipping labor and products around the world hastens the human race's extinction with climate change cascadiance Apr 2015 #52

Exactly. We actually need to return to more local production. Overseas Apr 2015 #56

TPP is designed to do one thing and one thing only. hifiguy Apr 2015 #46

Actually, the TPP will make it illegal to SPECIFY buying local. djean111 Apr 2015 #51

And probably Josephine and Jackson county's laws against GMO crops in Oregon will be overturned... cascadiance Apr 2015 #53

Yup. That's the plan. djean111 Apr 2015 #54

bingo! liberal_at_heart Apr 2015 #61