Need to say what the trador Obama has done: The Trans-Pacific Partnership (TPP), a forthcoming U.S. trade agreement that looks to solidify a seamless regional economy in the Pacific-rim, would give multinational corporations the power to challenge and even avoid compliance with laws in member countries — including the U.S. — provided a super-national corporate tribunal agrees with their claim. Although President Barack Obama had pledged during the 2008 presidential campaign to “not support NAFTA style trade agreements in the future,” he appears to have embraced them instead. “Via closed-door negotiations, U.S. officials are rewriting swaths of U.S. law that have nothing to do with trade and in a move that will infuriate left and right alike have agreed to submit the U.S. government to the jurisdiction of foreign tribunals that can order unlimited payments of our tax dollars to foreign corporations that don’t want to comply with the same laws our domestic firms do,” she said.
Posted on: Wed, 26 Jun 2013 20:01:00 +0000
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