General Discussion
In reply to the discussion: If you could vote on TPP for America like UK voted on Brexit, how would YOU vote? [View all]nikto
(3,284 posts)Signee nations can pass any laws they like. But any strong regulations will face challenges from an international tribunal,
and perhaps even make local governments who have disputes with any international corporation
pay damage$ to the corporation to compensate for the corp having to follow the law,
making enforcement difficult at best, and impossible at worst.
TPP installs this system OVER our national laws.
This sweeping provision is called, ISDS, or "Investor-State Dispute Settlement.
Read about it here:
https://www.washingtonpost.com/opinions/kill-the-dispute-settlement-language-in-the-trans-pacific-partnership/2015/02/25/ec7705a2-bd1e-11e4-b274-e5209a3bc9a9_story.html
Here's another, with more info:
http://neweconomicperspectives.org/2015/05/fasttracktpp-the-death-of-national-sovereignty-state-sovereignty-separation-of-powers-and-democracy.html
Inescapably, this is a big deal.