Go read this Huffpo piece saying that the US government is demanding extraordinary concessions for corporations on a wide range of issues around the world.
It is a jaw dropping list of demands that affect everything from oil drilling, the banking rules around the world and the pharmaceutical companies wanting to be able to charge whatever they want with basically no limits on their "intellectual properties".
What it is, is a naked power grab that the US Chamber of Commerce is backing and the Obama administration isn't taking NO for an answer.
One more play in The End Game.
The documents that Huffpo got their grubby mitts on were redacted and they didn't come from a source in the U.S., which means that no one here wants this information to be made public. Even Congress has been told to keep their mouths shut about it.
Never a good sign.
Mind boggling Mob tactics backed by the full faith and power of the United States Government.
This makes NAFTA look like an afternoon social.
WASHINGTON -- The Obama administration appears to have almost no international support for controversial new trade standards that would grant radical new political powers to corporations, increase the cost of prescription medications and restrict bank regulation, according to two internal memos obtained by The Huffington Post.snip
snip
The Obama administration has been leading negotiations on the international trade accord since 2010. The countries involved in the talks include Australia, Brunei, Chile, Canada, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.
One of the most controversial provisions in the talks includes new corporate empowerment language insisted upon by the U.S. government, which would allow foreign companies to challenge laws or regulations in a privately run international court. Under World Trade Organization treaties, this political power to contest government law is reserved for sovereign nations. The U.S. has endorsed some corporate political powers in prior trade agreements, including the North American Free Trade Agreement, but the scope of what laws can be challenged appears to be much broader in TPP negotiations.
Under NAFTA, companies including Exxon Mobil, Dow Chemical and Eli Lilly have attempted to overrule Canadian regulations on offshore oil drilling, fracking, pesticides, drug patents and other issues. Companies could challenge an even broader array of rules under the TPP language.
My emphasis.
Make the time , go read the rest of this bullshit.
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Posted by: Tukiyooo
Obama Wants Corporations To Have The Same Powers As Sovereign Nations Updated at :
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Monday, December 9, 2013
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