Trans-Pacific Partnership: A Plan for ‘Corporate Global Governance’
The Trans-Pacific Partnership, a secretive international trade pact under consideration by the Obama administration, would force American policy to conform to the whims of foreign corporations operating in the US by allowing them to appeal key regulations to an international tribunal That body would have the power to override U law and issue penalties for failure to comply with its rulings .
The Trans-Pacific Partnership, a secretive international trade pact under consideration by the Obama administration, would force American policy to conform to the whims of foreign corporations operating in the U.S. by allowing them to appeal key regulations to an international tribunal. That body would have the power to override U.S. law and issue penalties for failure to comply with its rulings. Lori Wallach of Public Citizen’s Global Trade Watch tells us exactly what the agreement would do.
“… It’s been branded as a trade agreement, but really it is enforceable corporate global governance,” she tells “Democracy Now!”
“This isn’t just a bad trade agreement. This is a 1-percenter power tool that could rip up our basic needs and rights,” Wallach says.
— Posted by Alexander Reed Kelly.
“Democracy Now!”:
Wait, before you go…If you're reading this, you probably already know that non-profit, independent journalism is under threat worldwide. Independent news sites are overshadowed by larger heavily funded mainstream media that inundate us with hype and noise that barely scratch the surface. We believe that our readers deserve to know the full story. Truthdig writers bravely dig beneath the headlines to give you thought-provoking, investigative reporting and analysis that tells you what’s really happening and who’s rolling up their sleeves to do something about it.
Like you, we believe a well-informed public that doesn’t have blind faith in the status quo can help change the world. Your contribution of as little as $5 monthly or $35 annually will make you a groundbreaking member and lays the foundation of our work.
Support Truthdig
With his nonstop barrage of lies, the president has degraded our electoral system to the point that any result will feel illegitimate.
The class war that gave rise to his campaign is the fault of a long line of corporate Democrats like Joe Biden, and voters know it.
A revealing new study finds the Justice Department charged just 359 such criminals in January—a decline of 25% from five years ago.
A closer look at the Trump administration's agreement with the Taliban reveals all the president's concerned with is bragging rights.
After nearly two decades, America's longest-running conflict appears to be coming to an end. Even a flawed peace deal is worth celebrating.
Since his acquittal, the president has only doubled down on his impeachable offenses, subverting both the republic and its Constitution.
There are currently no responses to this article.
Be the first to respond.