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guillaumeb

(42,649 posts)
4. Given that the US is the biggest country,
Wed May 27, 2015, 09:17 PM
May 2015

with the largest military, over 700 military bases scattered strategically all over the globe, and a history of armed intervention in any country in the world, I would say that the US is the big dog and has the most leverage here.

The TPP is designed to allow the free flow of capital anywhere in the world. The agreement will allow private companies to sue sovereign countries in a special type of court if the company can prove to an arbitrator that the laws of any particular country are interfering with the ability of a company to make a profit.

Laws regarding workers' rights, pollution limits, ability to market unsafe products, and many other laws that express the will of voters may all be subject to these suits. This would represent a massive loss of sovereignty and mean that voters in every signatory country would be at the mercy of any rogue corporation existing in any signatory country.

Remember when H Ross Perot talked about the giant sucking sound that would represent the job loss if NAFTA was signed? Unfortunately he was correct. TPP is simply an updated version of NAFTA, with vague assurances that it will be better. We have been sold this particular pig before.

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