ALERT: DFA Warning New TPP Provision Would Cut Medicare $700 Million to Help Pay for Trade Aid

[JDPriestly]

113. Actually,

Medicare Part D, also called the Medicare prescription drug benefit, is a United States federal-government program to subsidize the costs of prescription drugs and prescription drug insurance premiums for Medicare beneficiaries. It was enacted as part of the Medicare Modernization Act of 2003 (which also made changes to the public Part C Medicare health plan program) and went into effect on January 1, 2006.[1]

http://en.wikipedia.org/wiki/Medicare_Part_D

Obama ameliorated the problem with the donut hole, but that benefit does not begin until something like 2019. So for the moment, Medicare on my plan charges me more for prescriptions than it did last year. Considerably more.

The TPP is a corporate coup.

Corporations are the creation of state law. Their primary purpose is to limit the financial responsibility of investors in a corporation to the money that the investor paid for the stock he she bought when investing in the corporation.

The Constitution contains no provision stating that corporations which are merely a legal construct to limit the liability of investors and promote investments in businesses. Yet the Supreme Court recognizes them as sentient beings with civil rights.

The TPP will make entrench this legal folly even more into our psyches and our economic system.

A corporation will be able to sue a country, say the US, if that corporation thinks it has lost money due to some law, say some environmental or workplace safety or hours and wages law.

But the employee who loses his/her job because the company decides to outsource the employee's work to some country that pays cheaper wages will not be able to sue.

In this case, the corporation enjoys more "human" rights, that is the right to sue for a wrong that has caused the corporation losses than the human being.

That is downright wrong. A corporate coup. That's all it is. Same for NAFTA.