Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Baobab

(4,667 posts)
16. The WTO is like the Mafia, you can't just leave. they know that, Thats just an act.
Sun Feb 28, 2016, 08:14 PM
Feb 2016

Last edited Sun Feb 28, 2016, 08:46 PM - Edit history (1)

The FTAs are based o neoliberal ideology - which is right wing ideology.

Look at Cameron in the UK. Classic neoliberal. Hillary is a neoliberal too, so was Bill Clinton.

Somebody remind me why anybody would see Obama or Hillary or even Bill- knowing what we know now. as "liberal" in the US meaning of the word.

To leave the US would have to compensate the injured parties for their expected lost profits.

Thats the whole idea, creating a binding lock in, that gives corporations legal supranational property rights to a ratchet like state where all the things that are profitable for corporations are captured and irreversable, and the country cannot withdraw nor can they reverse course on progressive liberalisation no matter how much the poor things want to. I often find myself thinking that we'll basically be looking at a world owed by corporations fairly soon, nations are basically losing ground very quickly and the governments, especially the US are literally owned by the large baking firms and other corporate interests, and they go about their business with basically zero care any more for what the impact is on people.

Also, the 20th century institutions are being rendered irrelevant by the new corporate global governance which is based on money being everything of course, so the trade deals systematically reject and nullify anything that puts people above money, democracy especially.

Countries now basically are a means off dividing up the world, selling rights, etc.. Also they help justify wars. Neither Presidential elections nor revolutions nor dissolutions of the country change these new corporate ownerships of everything economically relevant- . Once one is signed, conditions are carved in stone unless they agree in advance to compensation, based on expected lost profits. So I can see at least - maybe three of four trillion dollar bailouts per deal - in each of the at least four pending FTAs. Why else would they put all this effort into them? They end democracy. They make government a mae for TV drama.. Thats the real scary part of whats happening, the Presidential election is basically more and more likely to soon be totally irrelevant and government we see a show, made for TV entertainment.

Thats the way totalitarian governments ALWAYS do government, BTW.

Recommendations

0 members have recommended this reply (displayed in chronological order):

I don't want trade agreements if they restrict communities from acting locally in their best Ed Suspicious Feb 2016 #1
What I want to know is this.... Bubzer Feb 2016 #3
The early 90s with NAFTA and WTO GATS. They were/are the two prototypes for US-style FTAs. Baobab Feb 2016 #14
Can you think of a better Republican whinefest Gabi Hayes Feb 2016 #4
The republican base has wanted the US out of the WTO (and the UN, the IMF, the World Bank and pampango Feb 2016 #5
The WTO is like the Mafia, you can't just leave. they know that, Thats just an act. Baobab Feb 2016 #16
Bernie was co-sponsor of a bill in 2005 to have the US withdraw from the WTO. pampango Feb 2016 #20
Yes, i totally support Bernie Sanders- Okay, here the section is GATS Article XXI procedure. Baobab Feb 2016 #29
None of your links have anything to do with "To leave the US would have to compensate the injured pampango Feb 2016 #39
USA!! USA!! Spreading democracy...or, something. Tierra_y_Libertad Feb 2016 #2
as I understand it, India can still build its own solar power industry RussBLib Feb 2016 #6
You're correct. This article is highly misleading. First, the WTO is a voluntary agreement and okaawhatever Feb 2016 #13
You are correct and I want the truth rather than talking point. Jim Beard Feb 2016 #28
Thanks for that. I'm going to read the article now. nt okaawhatever Feb 2016 #30
More BS by the BS fans, no doubt. looks like a win for the US to me. Jitter65 Feb 2016 #15
Exporting LNG may cause a lot of homelessness-as well as a building boomlet in the US Baobab Feb 2016 #17
"Where have you been the last 20 years?" (Joking) (thats okay, I know.. here!) Baobab Feb 2016 #31
The WTO is a paper tiger. closeupready Feb 2016 #7
Are you kidding? India signed the agreement to prevent exactly this from occurring. randome Feb 2016 #9
No, I'm not kidding. The WTO does NOT enforce their rulings. closeupready Feb 2016 #11
Sure they do, look at the WTO US Online Gambling Case Baobab Feb 2016 #18
Which remained unenforced. So you reinforce my point. closeupready Feb 2016 #21
All international agencies are tools malaise Feb 2016 #8
And few of those international agencies existed under Herbert Hoover. FDR started pampango Feb 2016 #10
Partly true but I'm thinking more of the multilaterals malaise Feb 2016 #12
The real point is that prior to FDR, none of these international institutions existed. Under Herbert pampango Feb 2016 #19
FDR was in a world of 100% tariffs. jeff47 Feb 2016 #26
"The solutions for a 100% tariff world are not necessarily the solutions for a 0% tariff world."Good pampango Feb 2016 #38
Good response ut in diminishing the role of excessive nationalism malaise Feb 2016 #33
FDR and Truman proposed and supported the diminishment of 'national sovereigty' represented by pampango Feb 2016 #36
True but members of the 'club' are often given a pass malaise Feb 2016 #37
Obama Administration and india sending message to disregard Bernie and his talk about Baobab Feb 2016 #32
Wow, you're going to be really surprised and disappointed to find out where Sanders stands on this Recursion Feb 2016 #34
If you think this is about Obama malaise Feb 2016 #35
IMO this ruling is probably good for India LittleBlue Feb 2016 #22
our doesn't destroy their industry . it just means they compete with foreigners JI7 Feb 2016 #23
Who're you kidding... they'll be undercut by companies with old money. Bubzer Feb 2016 #24
isn't this a new industry ? one problem in India was lack of competition and JI7 Feb 2016 #25
It's a new industry, yes... lacking much in the way of support... Bubzer Feb 2016 #27
Latest Discussions»General Discussion»U.S. Wins WTO Case to des...»Reply #16