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NorthCarolina

(11,197 posts)
Wed Apr 3, 2013, 09:45 AM Apr 2013

Obama's EU Trade Deal Would Include New Political Powers For Corporations

WASHINGTON -- The Obama administration is pursuing a free trade agreement with the European Union that would grant corporations new political power to challenge an array of regulations both at home and abroad, according to an administration official involved in the negotiations.

While the plan is still in its early stages, the effort alarms consumer and environmental advocates who worry it will lead to a roll-back of important rules and put multinational companies on the same political plane as sovereign nations.

---snip---

"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.

link: http://www.huffingtonpost.com/2013/04/03/eu-trade-deal_n_2994410.html



Oh goody, another trade agreement in the works


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Obama's EU Trade Deal Would Include New Political Powers For Corporations (Original Post) NorthCarolina Apr 2013 OP
They are Newest Reality Apr 2013 #1
We're totally fucked. Occupy. Zorra Apr 2013 #2

Newest Reality

(12,712 posts)
1. They are
Wed Apr 3, 2013, 09:50 AM
Apr 2013

peeling away the layers of cloth on the mummy and we eventually get to see what is underneath it.

Some already know what that looks like, others will wait until it is for sure and then, well, the mummy is out of the bag and the cloth will be gone.

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