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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 (1710) from Memphis, TN
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"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



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[-] 2 points by Builder (4202) 5 years ago

Globalisation was never meant to benefit anyone but the corporate criminals.

[-] 1 points by quantumystic (1710) from Memphis, TN 5 years ago

i know.

[-] 1 points by Builder (4202) 5 years ago

I know, we'll call it a partnership, so everyone will get a soft fuzzy glow when we are screwing them over for their resources.

[-] 1 points by GirlFriday (17435) 5 years ago

Exactly how broad these corporate political powers will be is undetermined, but one aspect of the agreement, known as "investor-state dispute resolution," would allow a company to appeal a regulatory rule or law to an international court, most likely the World Bank. The international body would be given authority to impose economic sanctions against any country that violated its verdict, including the United States.

Because the World Bank Court is trustworthy.....................

[-] 1 points by Shule (2638) 5 years ago

I never quite figured out what is worse; somebody who just screws you, or somebody who lies to you, and then screws you.

[-] 1 points by Builder (4202) 5 years ago

In both instances, you've observed narcissistic personality disorder in action.

These people usually get promoted right up to levels of criminality like Congress.

[-] 0 points by inclusionman (7064) 5 years ago

And nothing on MSM of course, and nothing from traditional anti trade group organizations. Very odd.

In compliment.



Obviously anyone concerned about citizens rights, labor fairness, environmental issues most organize massive opposition against these trade agreements past and presently being negotiated.

[-] 3 points by quantumystic (1710) from Memphis, TN 5 years ago

not one word from msm.

[-] 0 points by inclusionman (7064) 5 years ago

Not even on the TPP. I only get info from alternative independent journalist internet media.

At least WE have that which hasn't existed in past protest movements.