Wikileaks has gotten their hands on a
copy of Obama’s phony TPP trade bill. It contains 29 chapters but only 5
pertain to trade. Wikileaks will be publishing the entire bill and they have
already released the chapter on Investment. It’s very interesting. It is written
in a such a way as to give multinational companies a huge advantage on trade.
If a public hospital is built close to a private one, the private hospital has
the right to sue the country for expected losses. That is outrageous. Here is
where you can find the chapter on investment:
The agreement also regulates the
internet and requires internet companies to gather certain data which they will
be required to share with certain private companies. Many of the provisions
will not only be secret before the vote in the House, but will also be kept
secret for four years after the bill is signed. That means we won’t know what’s
in it even after it’s passed.
From Wikileaks:
The Investment Chapter highlights the
intent of the TPP negotiating parties, led by the United States, to increase
the power of global corporations by creating a supra-national court, or
tribunal, where foreign firms can “sue” states and obtain taxpayer compensation
for “expected future profits”. These investor-state dispute settlement (ISDS)
tribunals are designed to overrule the national court systems. ISDS tribunals
introduce a mechanism by which multinational corporations can force governments
to pay compensation if the tribunal states that a country’s laws or policies
affect the company’s claimed future profits. In return, states hope that
multinationals will invest more. Similar mechanisms have already been used. For
example, US tobacco company Phillip Morris used one such tribunal to sue
Australia (June 2011 – ongoing) for mandating plain packaging of tobacco
products on public health grounds; and by the oil giant Chevron against Ecuador
in an attempt to evade a multi-billion-dollar compensation ruling for polluting
the environment. The threat of future lawsuits chilled environmental and other
legislation in Canada after it was sued by pesticide companies in 2008/9. ISDS
tribunals are often held in secret, have no appeal mechanism, do not
subordinate themselves to human rights laws or the public interest, and have
few means by which other affected parties can make representations.
Do we really want to turn our laws over
to large corporations? I don’t think so.
Here is Assange talking about TPP and
what is really in the agreement:
Filed Under: Barack Obama, corruption
Comments
The Trans-Pacific Partnership Treaty’s 55
page Investment Chapter reveals the creation of a UN International Court that
would usurp US Courts and US sovereignty.
It would allow global corporations to receive settlements from whoever
it files a lawsuit against. It would remove the protection of the US courts
from whoever is sued.
This is a creature of the UN and the global
corporations that include the “puppet masters”, “Banksters” and George
Soros. It’s a scam. This is the oligarchy that wants to implement
UN Agenda 21 to form a one-world government.
TPP is another nail in our coffin. It will surely include mandatory
carbon taxes on US citizens to be sent to the oligarchy.
Promoters will tell us that it is needed to
protect “intellectual property”, but they are referring to the “property” that
is claimed by the global corporations.
We know that foreign countries have allowed their businesses to copy US
patented devices, videos, music, drugs, etc.
US companies whose US patents and copyrights have been violated need to
be able to go to US courts to get relief.
Solving this problem with a simple trade agreement
with the countries in question is the right answer, not forfeiting our
sovereignty to recognize an all-powerful international court.
The US federal train-wreck of a government
has not solved this problem. The same global companies promoting TPP don’t want
the restrictions that would come from banning trade with countries who violate
our patents and copyrights. Well too
bad. They can’t have it both ways.
Norb Leahy, Dunwoody GA Tea Party Leader
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