General Discussion
In reply to the discussion: No traction on DU for TPP (Trans-Pacific Partnership)? This is a FIVE ALARM EMERGENCY, people... [View all]KoKo
(84,711 posts)This is a Job Loss enterprise like NAFTA on Bigger Scale...there have been articles on other sites about it and that's why many of us are alarmed.
QUOTE from OP:
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A recent leak of one of TPPs most controversial chapters reveals that the pact would elevate individual corporations and investors to equal status with sovereign nations to privately enforce this treaty. U.S. negotiators are among the greatest champions of this investor state enforcement system. It would give any foreign firm incorporated in any TPP country new rights to skirt U.S. courts and laws, directly sue the U.S. government before foreign tribunals and demand compensation for financial, health, environmental, land use and other laws they claim undermine their TPP privileges.
After Obamas election, U.S. trade officials were instructed to withdraw from the TPP negotiations Bush had launched supposedly to sort out a new approach that implemented candidate Obamas campaign commitments to fix the damaging old NAFTA model. But after a kabuki dance of ears-closed check-the-box consultations with a minimal number of congressional representatives and civil society groups, Obamas trade officials picked up where Bush left off. Actually, they doubled down -- pushing even more extreme positions than the Bush administration on issues like Internet freedom and access to medicines.