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fasttense

(17,301 posts)

27. The WTO agreement was signed before Gramm Leach

Thu May 14, 2015, 03:13 PM

May 2015

Not the other way around. You have it wrong.

There is an international trade lawyer who gives a TED talk on this and she said the same thing. So, no it isn't about Nadar. It's about the truth. You need to read the WTO’s General Agreement on Trade in Services (GATS) and the financial service
chapters of U.S. “Free Trade” Agreements (FTAs). Hint they limit the regulation of financial service sectors subject to these agreements. Yes, I suspect parts of Dodd-Franks are in violation of the WTO agreement. But Dodd-Frank does not go as far as the Glass-Steagall did. So, we will see what happens.

Trade agreements affect us all. Even minor changes have real world devastating affects on us all. And no threats of litigation are necessary to force governments into making changes to laws and regulations to align themselves with those agreements.

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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