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In reply to the discussion: At long last, 11-member Pacific trade deal takes effect [View all]Firestorm49
(4,575 posts)Please correct me if I am wrong, but this is bad legislation and Im glad the US backed out.
Early in the conceptualization stages of this highly secretive act, it became known that the TPPP, largely designed and crafted by the corporations who stand to gain the most, would establish their own judicial court system to address violations of the act. The court system would not be the International Court, as one would expect, but rather be adjudicated by their own panel of judges, comprised of a rotating list of lawyers from the biggest corporations who seek to gain the most, thereby sidestepping universally recognized standards of law and creating their own terms of justice and settlement. Obama was a big promoter of this partnership, for which I am still puzzled. There were far too many unknowns then, as now. This act stinks. Until more is known about the fine print, I would avoid it like a bad fart, and Im glad were out.
If a participating member exploits child labor, sends contaminated food through the pipeline, steals proprietary information or property, or in any way knowingly violated International standards set up for the protection of the masses, (you know, dupes like us) the TPPP Court would handle the issue, not the International Court. Its not like any or all of this doesnt happen in America right now - it does, largely due to the corrupt and greedy nature of the Republican Party (we dont need no stinking regulations). By the way, have you noticed how every week we seem to have contaminated food being distributed? But at the very least, we have accepted legal standards to deal with the situation. The TPPP Courts and the TPPP charter would be a farce.
This is not a good agreement.