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Re: Trans-Pacific Partnership (TPP) trade agreement

Daedalus 2012/06/15 01:12:25
Re: Trans-Pacific Partnership (TPP) trade agreement.

Now over 600 corporations serving as official U.S. trade advisors have full access to draft TPP texts and privileged input. So do hundreds of government officials from Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore and Vietnam. Only the public, press and Congress are left out.

Critical decisions that will affect all of us daily are being made. Under the TPP framework now being negotiated, U.S. states and the federal government would be obliged to bring our existing and future domestic policies into compliance with expansive new regulatory limits and new corporate privileges.

Of the proposed 26 TPP chapters, only two really even deal with trade. The 1% may want to undermine financial regulation, ban Buy America policies, increase medicine prices, and allow a flood of unsafe imported food and products. But that's not in the interest of us, the 99%.

The deal would also empower corporations to attack our environmental and health safeguards before foreign tribunals of corporate lawyers to demand taxpayer compensation. And, there are the special privileges and benefits for firms that offshore investment and jobs away from the U.S. We only know this much because of rare leaks of the secret TPP texts.

In sum, these talks are heading in a direction that will result in a “NAFTA-on-steriods” with Asia that would be extremely damaging.

What the dailio?

Breaking '08 Pledge, Leaked Doc Shows Obama Wants to Help Corporations Avoid Regulations

Video Link: http://youtu.be/_4eZcm4ZO6o

Other Links
:
http://www.citizen.org/tradewatch

http://www.democracynow.org/2012/6/14/breaking_08_pledge_leak...




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