How the Media Misrepresent Obama’s “Fast Track” “Secret” International Trade Deals

[RiverLover]

5. It gives corporations power over local govts AND not just through the evil ISDS

Dave Johnson~

Leaked documents appear to show that negotiators are writing provisions that will set rules that are binding on Congress and our state legislatures tell us what laws and regulations our own country can pass or enforce in areas like:

intellectual property rights like patents and copyrights,
government procurement like Buy American which would be banned,
investment and land use,
service-sector regulation,
food and product safety,
corporate competition,
labor,
even environmental standards.
Leaks show that TPP even limits government regulation of financial services!

Dean Baker explains that non-trade items like patents in an agreement like TPP can have a huge effect on us by dramatically increasing prices of items like pharmaceuticals, in Political Corruption and the “Free Trade” Racket,

Tariffs and quotas might raise the price of various items by 20 or 30 percent. By contrast, patent and copyright protection is likely to raise the price of protected items 2,000 percent or even 20,000 percent above the free market price. Drugs that would sell for a few dollars per prescription in a free market would sell for hundreds or even thousands of dollars when the government gives a drug company a patent monopoly....

http://www.globalresearch.ca/secret-negotiations-the-trans-pacific-partnership-agreement-tpp-a-corporate-takeover/5335348

This is another way the media, owned by the corporations who are writing the TPP, has failed US. This should be front page news.