Can we agree that jobs are not the problem with TPP?

[Hoyt]

116. You, like Senator Warren, don't do any research on the junk you post. For example,

Look up the case you cite -- Veolia v. Egypt.

The dispute is not about Egypt raising the minimum wage, as you assert --

It's a disagreement about whether a stabilization provision in a concession contract signed under the Mubarak regime required a government authority to compensate the concessionaire for increases in the minimum wage introduced by the incoming Morsi government.

That's an entirely different dispute than you assert. It's not about raising the minimum wage, it's about who should pay for it in this one little case, and is based upon a signed contract.

I'm also familiar with the Philip Morris case. They are getting nowhere after 4 years, and Australia's tobacco packing law has not been changed.

I've looked at the details of at least 10 or cases. In everyone of them, there is a reason for the dispute beyond what is usually posted by the Obama/TPP detractors. But, even then, the corporations don't even prevail in a third of the cases. When they do prevail, they don't get a lot and the laws aren't changed. Further, although Warren and the TPP demagogues say these tribunals are run by corporate lawyers, in most cases the three arbiters are legal professors. And, one is elected by the country, one by the corporation, and one by mutual agreement under the UN/WTO international arbitration rules.

And even if one ignores that, the countries still are ready to sign new agreements with the same arbitration provisions because they know they are good for their country.


I can understand why Obama gets ticked, when seemingly intelligent people, don't act like it -- including Warren and Sanders, especially when they spread junk that isn't true or leave out important facts in an attempt to gain political support.