House Pushing Back on Trade Deal; More Detail on How Secret - TopicsExpress



          

House Pushing Back on Trade Deal; More Detail on How Secret Arbitration Panels Undermine Laws and Regulations The TPP is a corporatist nightmare that effectively puts global trade under the control of multinational corporations. Its economically destructive, anti-free trade and fascist. Its not about free trade but all about control of technology and strengthening intellectual property rights for the exclusive benefit of big corporations. Wow, this is amazing. Word has apparently gotten out even to Congressmen who can normally be lulled to sleep with the invocation of the magic phrase “free trade” that the pending Trans Pacific Partnership is toxic. This proposed deal among 13 Pacific Rim countries (essentially, an “everybody but China” pact), is only peripherally about trade, since trade is already substantially liberalized. Its main aim is to strengthen the rights of intellectual property holders and investors, undermining US sovereignity, allowing drug companies to raise drug prices, interfering with basic operation of the Internet, and gutting labor, banking, and environmental regulations.
Posted on: Mon, 18 Nov 2013 05:31:58 +0000

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