General Discussion

magical thyme

(14,881 posts)

10. here's a link to the Wall Street Journal

Thu May 14, 2015, 01:14 PM

May 2015

agreed -- the OP article spends most of its time talking about the disaster that is ISDS. You have to wade through a lot to get to the meat.

But the link is there (behind a paywall) if you skim far enough:

http://www.wsj.com/articles/canadas-finance-minister-says-volcker-rule-violates-nafta-1431541914
Canada’s Finance Minister Says Volcker Rule Violates Nafta

Minister wants U.S. to amend the rule banning banks from trading triple-A-rated Canadian debt
By
Paul Vieira

Updated May 13, 2015 4:57 p.m. ET

A U.S. rule that prohibits banks from taking risky bets with their own money violates the North American Free-Trade Agreement because it bans U.S. banks from trading triple-A-rated Canadian government debt, Canada’s finance minister said Wednesday.

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Highlight:

Elizabeth Warren�s Trade Deal Fears Confirmed: Canada Uses NAFTA to Challenge Volcker Rule [View all] marmar May 2015 OP

I have the feeling that corporations are poised and ready like vultures, everything in readiness, djean111 May 2015 #1

I have the feeling that corporations are poised and ready like vultures, everything in readiness, The CCC May 2015 #15

Yes. They won't move too soon, but they will when they get the deals JDPriestly May 2015 #19

It's all in the timing, isn't it? hedda_foil May 2015 #2

actually, they got it from the Wall St Journal magical thyme May 2015 #9

Hold it ... Their OWN money??!! staggerleem May 2015 #17

And now what? Helen Borg May 2015 #30

now we get to see how ISDS, under NAFTA (and eventually TPP), doesn't require us to change any laws magical thyme May 2015 #32

You make it sound like it's a scam! Helen Borg May 2015 #33

K&R..... daleanime May 2015 #3

After 3000 troops were killed and three trillion dollars spent.... raindaddy May 2015 #4

It really is unwise to challenge Elizabeth Warren on her "home court", as it were. bullwinkle428 May 2015 #5

Good point! JDPriestly May 2015 #20

So where is the part about Canada using TPP to challenge Volker rule? And Naked Capitalism, really? okaawhatever May 2015 #6

That's all you've got, really? marmar May 2015 #7

Again, where is the proof that Canada is using TPP to challenge the Volker Rule? It's in the headlin okaawhatever May 2015 #8

here's a link to the Wall Street Journal magical thyme May 2015 #10

Thanks for that. It seems Canada is just threatening right now. okaawhatever May 2015 #13

one fundamental problem with ISDS is threats magical thyme May 2015 #14

That much is true--look at the Australian tobacco case and how it's intimidating geek tragedy May 2015 #16

It is called intimidation. JDPriestly May 2015 #21

If you have a criticism about Naked Capitalism, why don't you speak out? Really? nm rhett o rick May 2015 #28

CBC News, posted May 13, 2015 @ 11:21 am EST- nenagh May 2015 #11

... and they KILLED IT! (for now, at least) /nt staggerleem May 2015 #18

Just hoping that because the Canadian Finance minister referenced NAFTA... nenagh May 2015 #26

Actually, not true. geek tragedy May 2015 #12

It's this kind of settlement of a potential dispute that could harm the environment, JDPriestly May 2015 #22

thing is, the Canadians kind of have a point. geek tragedy May 2015 #23

Relatively minor? That's what they said about the WTO's general trade agreements of 1997 fasttense May 2015 #24

Nader's outfit is misstating that, badly geek tragedy May 2015 #25

The WTO agreement was signed before Gramm Leach fasttense May 2015 #27

People wake up, you've got to eat your peas! Enthusiast May 2015 #29

We will come to regret this TPP and the Obama presidency so badly. Enthusiast May 2015 #31

"Canada's Department of Finance could not point to a specific provision of NAFTA that the Volcker pampango May 2015 #34

Highly recommend. +1. Jefferson23 May 2015 #35