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Responding to the leak, Lori Wallach, director of Public Citizen’s Global Trade Watch, declared: "With the veil of secrecy ripped back, finally everyone can see for themselves that the TPP would give multinational corporations extraordinary new powers that undermine our sovereignty, expose U.S. taxpayers to billions in new liability, and privilege foreign firms operating here with special rights not available to U.S. firms under U.S. law."
Newly leaked classified documents show that the secretive Trans-Pacific Partnership deal, if it goes through as written, will dramatically expand the power of corporations to use closed-door tribunals to challenge—and supersede—domestic laws, including environmental, labor, and public health, and other protections.
The tribunals, made infamous under NAFTA, were exposed in the "Investment Chapter" from the TPP negotiations, which was released to the public by WikiLeaks on Wednesday.
Nafta's Powerful Little Secret; Obscure Tribunals Settle Disputes, but Go Too Far, Critics Say
THEIR meetings are secret. Their members are generally unknown. The decisions they reach need not be fully disclosed. Yet the way a small group of international tribunals handles disputes between investors and foreign governments has led to national laws being revoked, justice systems questioned and environmental regulations challenged. And it is all in the name of protecting the rights of foreign investors under the North American Free Trade Agreement.
originally posted by: xuenchen
Here's an interesting article from 2001...
Nafta's Powerful Little Secret; Obscure Tribunals Settle Disputes, but Go Too Far, Critics Say
THEIR meetings are secret. Their members are generally unknown. The decisions they reach need not be fully disclosed. Yet the way a small group of international tribunals handles disputes between investors and foreign governments has led to national laws being revoked, justice systems questioned and environmental regulations challenged. And it is all in the name of protecting the rights of foreign investors under the North American Free Trade Agreement.
originally posted by: stormcell
Does the USA want to become even more hated that it is now? Any environmental damage that leads to people being poisoned without any chance of getting legal compensation is just going to flare things up.
originally posted by: Trueman
a reply to: FyreByrd
Somehow I hope they can conclude all their evil plans once for all, so we can see how all turns against them, because they will not win.
Karma might take the form of Mother Earth's wrath, God Justice or Aliens taking over before we destroy the balance of the Universe.
originally posted by: greencmp
originally posted by: FyreByrd
a reply to: greencmp
Keep telling yourself that. But first, define free trade for me.
Unmolested voluntary human interaction.
originally posted by: greencmp
a reply to: FyreByrd
As long as you aren't hurting anybody, you should be free.
TPP is a complex set of rules and regulations that are supposed to govern "free" trade.
Actually free trade requires no oversight.
originally posted by: jimmyx
originally posted by: greencmp
a reply to: FyreByrd
As long as you aren't hurting anybody, you should be free.
TPP is a complex set of rules and regulations that are supposed to govern "free" trade.
Actually free trade requires no oversight.
Asian wage scales, lack of financial stability, non-existent environmental and regulatory control, does not amount to "free trade" with America. it is designed to make the American population as a whole, poorer monetarily, and rip apart the fabric of a civilized society.
originally posted by: greencmp
a reply to: FyreByrd
As long as you aren't hurting anybody, you should be free.
TPP is a complex set of rules and regulations that are supposed to govern "free" trade.
Actually free trade requires no oversight.