Forum Post: URGENT RED ALERT: Obama's EU Trade Deal Would Include New Political Powers For Corporations
Posted 5 years ago on April 3, 2013, 8:58 p.m. EST by quantumystic
from Memphis, TN
This content is user submitted and not an official statement
"These provisions elevate corporations to the level of nation states and allow them to sue governments over nearly any law or policy which reduces their future profits," said Ilana Solomon, trade specialist for the Sierra Club, an environmental protection group.
"The dirty little secret about [the negotiation] is that it is not mainly about trade, but rather would target for elimination the strongest consumer, health, safety, privacy, environmental and other public interest policies on either side of the Atlantic," said Lori Wallach, director of Public Citizen's Global Trade Watch. "The starkest evidence ... is the plan for it to include the infamous investor-state system that empowers individual corporations and investors to skirt domestic courts and laws and drag signatory governments to foreign tribunals."
The Obama administration is also pursuing an aggressive investor-state resolution system under the Trans-Pacific Partnership, a trade deal with several Pacific nations. Read the rest in the article below.
On top of the monsanto immunity deal now this shit. Fucking ridiculous. This guy Obama is such a piece of trash. http://www.huffingtonpost.com/2013/04/03/eu-trade-deal_n_2994410.html?show_comment_id=242054008#comment_242054008