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In reply to the discussion: Obama Dismisses Democratic Foes Of Sweeping Trade Pact, Says It Would Level Global Commerce [View all]Thespian2
(2,741 posts)but he can't duck what is happening because of NAFTA (from the CBC)
"Chapter 11 has become a way for companies either to bypass domestic courts and regulatory agencies, or to get restitution denied through normal channels.
And with each new claim, companies are cleverly stretching the bounds of what they consider an investment. The same goes for expropriated property, which claimants now argue should extend to import permits, drilling rights and patent rulings.
This trend in NAFTA litigation could have profound implications for Canada as it readies for a new generation of free trade deals, including the Trans-Pacific Partnership and the just-completed European Union negotiations. In spite of the slew of recent Chapter 11 cases filed against Canada, Ottawa pushed for an investor-state dispute mechanism in the European free-trade deal. Similar provisions are expected to be in the TPP, vastly expanding the number of potential disputes."
Under TPP, corporations will own the whole damn world. The Harper government is as right-wing as America's Tea Party. What a brazen way to destroy countries!