Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

polly7

(20,582 posts)
Sun Nov 8, 2015, 04:12 PM Nov 2015

Why the TPP Must be Opposed at All Costs

It’s Worse Than You Think

by K.J. Noh / November 8th, 2015

The TPP, the Trans-Pacific Partnership, the corporate Mega-deal on “free trade” has been concluded between the partner states, and is now in the final stages of its ratification. This deal involves the US and 11 other countries (Canada, US, Mexico, Chile, Peru; Singapore, Malaysia, Australia, Brunei, Japan) of the Pacific Rim, representing 40% of global economic activity. The text was secretly negotiated by hundreds of corporate lobbyists. It has now been released, and Congress will have 90 days to examine the 6000 page text before approving, which will allow the President to sign it in to law.

For six years, this corporate-drafted legislation was a pig in a poke. Nobody knew what was in it–except the hundreds (550) of corporate lobbyists that had been drafting it for years in total secrecy. They wouldn’t say what was in it. They would only say it was good for you. They just wanted you to support it. Critics were told to shut up on the grounds that they knew nothing about it. But the outline that people had been able to discern through leaks were monstrous.

The text has been just released—by the orders of a New Zealand court–and it is, as anticipated, monstrous, explaining the Manhattan-Project-level secrecy. It’s a total corporate giveaway, and despite some pathetic attempts to put lipstick on it, it’s every bit as bad as we had anticipated, and a little bit worse. Here are some of the key issues:


Subversion of Democracy and Sovereignty:

ISDS refers to Investor State Dispute Settlement mechanism. Think of it really as an Intentional Subversion of Democracy and Sovereignty. This is the extrajudicial process written into the TPP (Chapter 28), whereby governments can be dragged before tribunals by corporate lawyers if they think national (health, environmental, consumer protection, public policy) laws violate their TPP rights or limit future expected profits. This is a panel of bespoke-suited corporate lawyers deciding whether environmental laws, safety regulations, public policy, or labor laws get in the way of profit or not. Imagine how they will decide. Profits or people? The outcome, written into the very raison d’être of the TPP, is a foregone conclusion. These results will be unaccountable and binding. No appeal is possible.

It’s not an exaggeration to say that corporations want profit the way that sexual predators want sex: at any cost. Instead of moderating, controlling or preventing this, this agreement enshrines into transnational law a supranational corporate entitlement to profit, regardless of risk or danger to the state, democratic sovereignty, the people, or the planet. For that reason alone, the TPP should be opposed at all costs. But there’s more. ..........


Full article: http://dissidentvoice.org/2015/11/why-the-tpp-must-be-opposed-at-all-costs/#more-60389

bbm.
107 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Why the TPP Must be Opposed at All Costs (Original Post) polly7 Nov 2015 OP
It has to be rejected. 15 dems voted to prevent any part from being amended, no_hypocrisy Nov 2015 #1
Heretofore D-ALEC: Ron Wyden (D-ALEC),MCantwell (D-ALEC) Reps Susan Davis,S.Peters(D-ALEC) etc stuffmatters Nov 2015 #11
Add Suzanne Bonamici (My rep) and Earl Blumenour to that list ... Trajan Nov 2015 #103
Must be that their constituents see something in it that benefits them. kelliekat44 Nov 2015 #75
Many nations are rethinking it. They see it as the corporate coup that it is. nt. polly7 Nov 2015 #81
Absolutely! It's the Oligarch's End Game & wet dream, rolled into one nasty package. -nt- 99th_Monkey Nov 2015 #2
So-called "subversion of democracy and sovereignty" is laughable. Same language has been in 2500+ Hoyt Nov 2015 #3
Please list those 2500+ agreements and a link to their language. GeorgeGist Nov 2015 #5
Sure thing. Why don't you do a little research on trade agreements first? Hoyt Nov 2015 #6
So we should trust the corporate psychopaths? AZ Progressive Nov 2015 #8
How about folks like Warren who tell the gulible the agreement won't be released for 4 years after Hoyt Nov 2015 #16
You are the one making the claim, why not start out with that 1959 trade agreement That Guy 888 Nov 2015 #19
If you are going to criticize the ISDS, you ought to know something about it. It was in NAFTA and Hoyt Nov 2015 #20
" Countries have been signing agreements like this" - like is a bit imprecise That Guy 888 Nov 2015 #23
Obviously, you don't work, and/or have an interest, in research. Hoyt Nov 2015 #25
Ashamed to admit your research is from Wikipedia? That Guy 888 Nov 2015 #41
Actually it was from Economist, where entry in WP probably got it. You must have WP in your cache. Hoyt Nov 2015 #45
Economist? Haw, Haw, Haw, better send 'em an email and tell them Wikipedia is plagiarizing it's work That Guy 888 Nov 2015 #60
Because it's the same thing. Jeeez, Hoyt Nov 2015 #61
What? 1959 and the year of the first ISDS in a treaty, the link to Wikipedia? ISDS and BIT? Jeepers That Guy 888 Nov 2015 #66
ISDS has been in trade agreements since 1959. It's really that simple. Hoyt Nov 2015 #72
It really isn't, because your still talking about bilateral investment treaties NOT ISDS That Guy 888 Nov 2015 #73
Just for the heck of it, let's say the first one was 1970. ISDD has still been around Hoyt Nov 2015 #86
If congress had approved the ITO proposed by FDR, an "ISDS" would have started long before it did. pampango Nov 2015 #87
Nope, because it's ISDS professor, investor-state dispute settlements That Guy 888 Nov 2015 #89
Same thing, you sound like a gun fancier arguing about whether it's a clip or magazine. Hoyt Nov 2015 #90
Guns? Sigh, you had a chance to educate us with your allegedly superior knowledge... That Guy 888 Nov 2015 #99
He just makes up stuff without a single shred of evidence. Rex Nov 2015 #27
And you think this is a good thing??? polly7 Nov 2015 #29
Yet, Canada and Mexico begged to be part of TPP. Hoyt Nov 2015 #31
Begged!!! polly7 Nov 2015 #32
Yep. They were not originally part of TPP. Hoyt Nov 2015 #34
Oh, read too fast. I thought you were still yammering on about NAFTA. polly7 Nov 2015 #35
Harper might, but I don't beleive leaders in all150+ countries that have signed these things would. Hoyt Nov 2015 #39
You can bet that he'd be helping Transcanada sue us under ISDS for shutting down Keystone... cascadiance Nov 2015 #84
Yes, it's scary all around, isn't it? polly7 Nov 2015 #85
Excellent compilations, polly7. k&r, nt appal_jack Nov 2015 #88
Thank you appal_jack. polly7 Nov 2015 #105
What a laugh. Joe Turner Nov 2015 #36
And, as Bernie says, "Enough is enough." JDPriestly Nov 2015 #21
Without trade agreements, we probably couldn't afford a computer to debate the issues. Hoyt Nov 2015 #24
America became the industrial superpower of the world Joe Turner Nov 2015 #28
But we are saturated now, need resources from others, compete in a global economy, etc. Those good Hoyt Nov 2015 #30
If the good old days are gone Joe Turner Nov 2015 #38
Like Krugman has said, people blame NAFTA (trade agreements) for things caused by other factors. Hoyt Nov 2015 #40
What 'things'? polly7 Nov 2015 #48
Again, NAFTA, TTP have little to do with trade Joe Turner Nov 2015 #59
They do with respect to trade in the 21st century, maybe not the era you are stuck in. Hoyt Nov 2015 #62
Given the results of 21st century trade Joe Turner Nov 2015 #63
Yeah, lets go back to 1930s. Hoyt Nov 2015 #64
You mean the decade where out of control stock market Joe Turner Nov 2015 #65
No, I'm talking about the period where there were no jobs because there was no investment in this Hoyt Nov 2015 #71
Mr. Hoyt you are all over the board Joe Turner Nov 2015 #91
The TPP doesn't get around regulation. I may be funny, but you are obtuse. Hoyt Nov 2015 #92
Getting around a nation's regulations is the central purpose of TPP Joe Turner Nov 2015 #94
No direct stake, but I think it is important for our and the world's future. Hoyt Nov 2015 #96
Corporations ruling world governments is a bleak future Joe Turner Nov 2015 #97
Corporations won't be ruling the world. Heck, any government can boot them out at any time. Hoyt Nov 2015 #98
Sure, let's just forget those hundreds of billions of dollars that corporations Joe Turner Nov 2015 #100
I figured that, most folks grousing work for those corporations. Hoyt Nov 2015 #101
It pays well and certainly beats shilling for a living Joe Turner Nov 2015 #102
"Nothing could have stopped it (the Great Depression) from happening." I disagree. pampango Nov 2015 #93
Sure, trees grow to the sky Joe Turner Nov 2015 #95
Recessions are part of the business cycle. Depressions are not. pampango Nov 2015 #104
I don't lije corporations either, but without them most of us would b begging for a cup full of mush Hoyt Nov 2015 #33
Heck, you could be making your own computers and employing hundreds of thousands/millions. nt. polly7 Nov 2015 #44
At 4 times the cost of what we get them now. I have no interest in employing anyone, Hoyt Nov 2015 #47
Completely disregarding the horrific working conditions of those making them for you polly7 Nov 2015 #49
He doesn't care, just doesn't have the conviction to admit it to you. Rex Nov 2015 #51
I know he doesn't care. He said the same things yesterday when I presented him with polly7 Nov 2015 #56
True. Rex Nov 2015 #57
Very. nt. polly7 Nov 2015 #58
And the TPP will do something about that. Probably not enough, but far better than doing nothing Hoyt Nov 2015 #52
NO, it won't. nt. polly7 Nov 2015 #54
Yes it will. Read the thing. Hoyt Nov 2015 #55
Here's what people doing VERY thorough reading are finding BelgianMadCow Nov 2015 #69
Notwithstanding Naked Capitalism's vague criticism, 150+ countries have signed similar ISDS Hoyt Nov 2015 #70
Thank you. nt. polly7 Nov 2015 #76
"Same language has been in 2500+ trade agreements since 1959." Why then, do we need another? cherokeeprogressive Nov 2015 #67
That's odd, isn't it? polly7 Nov 2015 #74
I believe you are wasting your time trying to convince folks who have been brainwashed about this kelliekat44 Nov 2015 #77
You should probably read it, and some of the replies in this thread polly7 Nov 2015 #79
+1000 smirkymonkey Nov 2015 #4
As I just finished posting on myTrudeau cabinet thread Monk06 Nov 2015 #7
Thanks for all this, Monk06. I agree with you completely. nt. polly7 Nov 2015 #43
K & R AzDar Nov 2015 #9
Kicked and recommended! Enthusiast Nov 2015 #10
D's that voted for TPP Omaha Steve Nov 2015 #12
Shame the President, too. Octafish Nov 2015 #15
The only presidential candidate who can be trusted to deal with the TPP in the interests of the JDPriestly Nov 2015 #13
Welfare for Wall Street Octafish Nov 2015 #14
K/R and thank you, Polly Jack Rabbit Nov 2015 #17
Thanks. Clear explanation. JDPriestly Nov 2015 #22
None of that has ever happened to the USA in the 50 or so agreements with similar provisions. Hoyt Nov 2015 #26
Where did you get that hypothetical scenario? Jack Rabbit Nov 2015 #37
No they aren't, haven't been in 2500+ similar agreement worldwide since 1959. Hoyt Nov 2015 #42
Thank you for explaining this part, Jack Rabbit. I'm having trouble with a lot of it ... polly7 Nov 2015 #46
I can't get past... Kip Humphrey Nov 2015 #18
Workers are going to be thrown into slave labor, if not already there yet. Rex Nov 2015 #50
Legalese Jack Rabbit Nov 2015 #53
Talk about mealy-mouthed "commitments"... Art_from_Ark Nov 2015 #68
K/R marmar Nov 2015 #78
It's so weird that the same people who USED to say 'wait and see what's in it' are now Marr Nov 2015 #80
I know, right. That's almost shocking! nt. polly7 Nov 2015 #82
Who could have known the same who profit from it, endorse it? raouldukelives Nov 2015 #83
Great thread Polly7 !! (eom) CanSocDem Nov 2015 #106
Thanks, CanSocDem, polly7 Nov 2015 #107

stuffmatters

(2,574 posts)
11. Heretofore D-ALEC: Ron Wyden (D-ALEC),MCantwell (D-ALEC) Reps Susan Davis,S.Peters(D-ALEC) etc
Sun Nov 8, 2015, 06:51 PM
Nov 2015

The West Coast Dems, hiding behind "trade", were especially disgusting. ( I wonder if any of them has ever visited the ports of Wilmington or Oakland and viewed the vast and growing overflow of shipping containers. (i.e. We already import way more than we export to these countries under existing trade agreements. The trade deficit is directly correlated to our jobs deficit.)
Ron Wyden was most responsible for enabling this Corporate Coup d'Etat through the Senate Committee (where the Dems could have shut it down) Maria Cantwell and Patty Murray caved to the corporate oligarchy as well. All three claim membership in The Progressive Caucus.

 

Trajan

(19,089 posts)
103. Add Suzanne Bonamici (My rep) and Earl Blumenour to that list ...
Tue Nov 10, 2015, 01:12 AM
Nov 2015

Those 'Liberal' congresscritters voted in favor of TPA ...

We in Oregon are livid about these treacherous 'Liberals' ....

 

kelliekat44

(7,759 posts)
75. Must be that their constituents see something in it that benefits them.
Mon Nov 9, 2015, 08:28 AM
Nov 2015

We can reject it at our own peril...the other states will just carry on trade without us.

 

Hoyt

(54,770 posts)
3. So-called "subversion of democracy and sovereignty" is laughable. Same language has been in 2500+
Sun Nov 8, 2015, 04:23 PM
Nov 2015

trade agreements since 1959. Every major country -- and most smaller ones -- have signed such agreements and will continue to do so.

If there is anyone who cares about "sovereignty" -- other than tbaggers, jingoists and nationalists -- it's the government of countries. And almost all of them sign these agreements to attract investment, jobs, and taxes, even Scandinavian countries. But, after almost 60 years and 2500+ similar agreements, it is now being called a "subversion of democracy and sovereignty." How absurd?

 

Hoyt

(54,770 posts)
16. How about folks like Warren who tell the gulible the agreement won't be released for 4 years after
Sun Nov 8, 2015, 07:07 PM
Nov 2015

it's ratified. Go read the thing.

 

That Guy 888

(1,214 posts)
19. You are the one making the claim, why not start out with that 1959 trade agreement
Sun Nov 8, 2015, 07:23 PM
Nov 2015

Show how the language is comparable. If I make a claim like that, I usually provide a link to back my statement.

Sending the person you're replying to to do your research is something that republicans and their fellow travelers do.

 

Hoyt

(54,770 posts)
20. If you are going to criticize the ISDS, you ought to know something about it. It was in NAFTA and
Sun Nov 8, 2015, 07:31 PM
Nov 2015

some 49 other agreements the US has signed. It has been in EU agreements. It was in Korean agreement. It was first used in 1959, and the tribunals are under the auspices of the UN and World Bank. Countries have been signing agreements like this for almost 60 years.

 

That Guy 888

(1,214 posts)
23. " Countries have been signing agreements like this" - like is a bit imprecise
Sun Nov 8, 2015, 07:47 PM
Nov 2015

Exactly how like language used in the unnamed 1959 trade treaty for instance, is the ISDS in the TPP treaty? What treaty from 1959 are you talking about?

 

Hoyt

(54,770 posts)
25. Obviously, you don't work, and/or have an interest, in research.
Sun Nov 8, 2015, 07:52 PM
Nov 2015

ISDS first appeared in a bilateral trade agreement between Germany and Pakistan in 1959.

 

That Guy 888

(1,214 posts)
41. Ashamed to admit your research is from Wikipedia?
Sun Nov 8, 2015, 08:55 PM
Nov 2015

That would explain the lack of links:

from Wikipedia's Bilateral investment treaty page https://en.wikipedia.org/wiki/Bilateral_investment_treaty

There are currently more than 2500 BITs in force, involving most countries in the world.

and
The world's first BIT was signed on November 25, 1959 between Pakistan and Germany.


by the way, the 1st ISDS was not in that treaty.

Try some wikiing or googling a treaty between the Netherlands and Kenya. Since no links are provided by you, you get nothing. Fetch doggy!
 

Hoyt

(54,770 posts)
45. Actually it was from Economist, where entry in WP probably got it. You must have WP in your cache.
Sun Nov 8, 2015, 09:01 PM
Nov 2015
 

That Guy 888

(1,214 posts)
60. Economist? Haw, Haw, Haw, better send 'em an email and tell them Wikipedia is plagiarizing it's work
Sun Nov 8, 2015, 09:45 PM
Nov 2015

Exactly word for word, but the clever bastards covered their tracks by listing completely different sources for those quotes. Oh, wait a minute, maybe Economist plagiarized Wikipedia!

So putting that aside, what was the reason you couldn't link to your single source?

Why quote an article about bilateral investment treaties when the topic is ISDS.

No luck on that "1st" ISDS which wasn't in 1959? Come on you master researcher, dig deep in Economist, I'm sure it's there!

 

That Guy 888

(1,214 posts)
66. What? 1959 and the year of the first ISDS in a treaty, the link to Wikipedia? ISDS and BIT? Jeepers
Mon Nov 9, 2015, 12:46 AM
Nov 2015

Where's your link, or what is your non-web source?

Why quote an article about bilateral investment treaties when arguing (incorrectly) that Investor-state dispute settlements have been in trade treaties since 1959?

 

That Guy 888

(1,214 posts)
73. It really isn't, because your still talking about bilateral investment treaties NOT ISDS
Mon Nov 9, 2015, 08:17 AM
Nov 2015

You know, people would take your posts more seriously if you posted your source with your first post instead of playing the pro from Dover here to teach us ignorant savages how to make fire.

Now then, where in that article are the sentences:

There are currently more than 2500 BITs in force, involving most countries in the world.


and

The world's first BIT was signed on November 25, 1959 between Pakistan and Germany.


they're in this Wikipedia article, https://en.wikipedia.org/wiki/Bilateral_investment_treaty but not the economist article you linked to.

If you actually look at the bit between Germany and Pakistan, it at best is a proto-ISDS and that's being generous, no doubt to encourage the idea that there is a lengthy history of ISDS'. They seem to be protection/compensation from nationalization of assets owned or invested in by foreign nationals, and not protection from say, the results of internal environmental laws.

http://www.europarl.europa.eu/RegData/etudes/STUD/2014/534979/EXPO_STU%282014%29534979%28ANN01%29_EN.pdf

Many Western European states followed the example of Germany through the 1960s and 1970s, in part because of a wave of expropriations during the 1970s, while the USA followed in the 1980s. The dissolution of the Soviet Union and the emergence of new market economies in Central and Eastern Europe, combined with the growing willingness of Latin American countries to accept BITs led to a Investor-State Dispute Settlement (ISDS) provisions in the
EU’s international investment agreements rapid proliferation of BITs. The number of BITs in existence would rise from less than 400 in 1989 to approximately 2400 in 2004.
2.2
BITs and dispute settlement centres When the budgets of governmental aid programs stagnated in the second half of the 1950s, efforts were made to promote private investment in developing countries in order to foster development.
Political and non-economic risks appeared to discourage investors to invest in developing countries. Furthermore, investment disputes had been traditionally settled through interstate channels under diplomatic protection. This depended on the political will of a state to aid its nationals in case of problems with foreign investment and ultimately to espouse the claim of its nationals as its own.

Direct investor-state arbitration, making such espousal redundant, would only be included in BITs in the late 1960s. For this reason, during the late 1950s efforts were made to create a multilateral regime for the protection of private foreign investment, especially a mechanism of international investor-state arbitration.

In 1965, the OECD requested the World Bank to draft a Convention for an International Investment Insurance Agency. This did however not lead to the establishment of such Agency. As early BITs did not contain provisions on investor-state disputes the need for action continued to exist. Based onconsiderable experience the World Bank decided to continue to seek a solution for investor-state disputes, convinced that it would be easier to reach agreement on a procedure for dispute settlement than to reach agreement on international standards of treatment.


http://www.marietjeschaake.eu/2014/11/isds-whats-going-on/

In 1959, Germany became the first country to conclude a bilateral investment agreement when it closed an agreement with Pakistan. It is unclear when exactly the first ISDS clause was introduced, though the agreement between the Netherlands and Kenya of 1970 contains an early reference (article 11). By the ’80s ISDS clauses were common features in bilateral investment agreements. This clause allows a company, from either of the two countries investing in the other, to bring the government of that country before an international arbitration court if it believes it has been unfairly treated. This would be for example if property is expropriated or if a contract is broken. In most bilateral agreements, investors are granted access to the domestic legal system, while sometimes requiring investors to exhaust all local remedies before proceeding to international arbitration.


Weird that seems to suggest that the investor state dispute settlement wasn't in the original BIT of 1959.

It's been fun, let me know when you have more than one source, and not a source that quotes the same economist article, after all we're not republicans here, right?
 

Hoyt

(54,770 posts)
86. Just for the heck of it, let's say the first one was 1970. ISDD has still been around
Mon Nov 9, 2015, 01:45 PM
Nov 2015

for a long time in lots of agreements. That's my point. Does that soothe your pickiness?

pampango

(24,692 posts)
87. If congress had approved the ITO proposed by FDR, an "ISDS" would have started long before it did.
Mon Nov 9, 2015, 02:10 PM
Nov 2015

The concept of neutral arbitration of trade disputes was actually an FDR/Truman creation as part of the International Trade Organization in the 1940's. Unfortunately, it died when it was rejected by a republican congress.

At its (the ITO's) core, the countries of the world, rejected the idea that it was possible to maintain a firewall between trade, development, employment standards and domestic policy. Its most distinctive feature was the integration of an ambitious and successful program to reduce traditional trade barriers, with a wide-angled agreement that addressed investment, employment standards, development, business monopolies and the like. It pioneered the idea that trade disputes had to be settled by consultation and mediation rather than with legal and political clout. Further it established an institutional linkage between trade and labour standards that would effect a major advance in global governance.

http://www2.warwick.ac.uk/fac/soc/pais/research/researchcentres/csgr/research/workingpapers/2000/wp6200.pdf

Prior to FDR and Truman, trading rules and disputes were dealt with by national governments directly, not by neutral, multilateral panels and organizations. FDR and Truman wanted to change this.
 

That Guy 888

(1,214 posts)
89. Nope, because it's ISDS professor, investor-state dispute settlements
Mon Nov 9, 2015, 06:06 PM
Nov 2015

Words are important right? You just lectured everyone to learn something about trade agreements, and your own knowledge seems... lacking.

 

That Guy 888

(1,214 posts)
99. Guns? Sigh, you had a chance to educate us with your allegedly superior knowledge...
Tue Nov 10, 2015, 12:07 AM
Nov 2015

but instead made snarky comments and told everyone to look it up themselves.

Basic internet courtesy says if you act like that, bring some proof with you. The last time I argued with anyone who refused to provide basic information like that was republicans during dubya's reign. Make comments about how ignorant everyone is compared to you, check. Tell anyone who disagrees to look up your argument while providing no links or other background information, check. Endless deflection, check. Can't stay on topic, check.


So exactly how much do you know about economic treaties, or economics in general? Is it just a subscription or access to The Economist? Just enough to start trolling?

 

Rex

(65,616 posts)
27. He just makes up stuff without a single shred of evidence.
Sun Nov 8, 2015, 08:08 PM
Nov 2015

He is a one trick pony that most of us are bored with by now.

polly7

(20,582 posts)
29. And you think this is a good thing???
Sun Nov 8, 2015, 08:17 PM
Nov 2015

Last edited Mon Nov 9, 2015, 08:21 AM - Edit history (1)

Canada is the MOST sued nation under NAFTA. I hate it, as do so many of us here.

NAFTA has destroyed the lives of millions of Mexican farmers, forcing them to flow to the cities and work under slave labour conditions. These new agreements will further undermine every right we have with regard to safety nets, healthcare, environment, industry, resources, pharmaceuticals - think of the consequences for all of these for nations and people already suffering horribly. If Canada hasn't been able to fight off these disgusting suits under NAFTA, HOW EXACTLY will poorer nations with weak or corrupt gov'ts do it? Their citizens will go the way of the Mexican farmers, the poorest of the poor will suffer first. YOU WILL ALSO, one day ......... but you'll be the last to. I'm sure of that.

I'm also sure that is why Obama and Harper fought so hard for them - to ensure we have ours for as long as possible and fuck the rest of the world. They're nothing but disgusting corporate coups using cheap/disposable labour to ensure the enrichment of those corporations already with all the power - and to keep it out of the hands of those who 'might' possibly elevate their own economic status in the world - as with China. They're like the 'war on terror', only this time it's enhanced economic terrorism by the 1% posing as what were made out to be fair trade agreements. You really think people are stupid.


NAFTA's Chapter 11 Makes Canada Most-Sued Country Under Free Trade Tribunals

Canada is the most-sued country under the North American Free Trade Agreement and a majority of the disputes involve investors challenging the country’s environmental laws, according to a new study.

The study from the left-leaning Canadian Centre for Policy Alternatives (CCPA) found that more than 70 per cent of claims since 2005 have been brought against Canada, and the number of challenges under a controversial settlement clause is rising sharply.


snip~

“Thanks to NAFTA chapter 11, Canada has now been sued more times through investor-state dispute settlement than any other developed country in the world,” said Scott Sinclair, who authored the study.


snip~

There are currently eight cases against the Canadian government asking for a total of $6 billion in damages. All of them were brought by U.S. companies.


http://www.huffingtonpost.ca/2015/01/14/canada-sued-investor-state-dispute-ccpa_n_6471460.html


The study notes that although NAFTA proponents claimed that ISDS was needed to address concerns about corruption in the Mexican court system, most investor-state challenges involve public policy and regulatory matters. Sixty three per cent of claims against Canada involve challenges to environmental protection or resource management measures.

Currently, Canada faces nine active ISDS claims challenging a wide range of government measures that allegedly interfere with the expected profitability of foreign investments. Foreign investors are seeking over $6 billion in damages from the Canadian government.

These include challenges to a ban on fracking by the Quebec provincial government (Lone Pine); a decision by a Canadian federal court to invalidate a pharmaceutical patent on the basis that it was not sufficiently innovative or useful (Eli Lilly); provisions to promote the rapid adoption of renewable energies (Mesa); a moratorium on offshore wind projects in Lake Ontario (Windstream); and the decision to block a controversial mega-quarry in Nova Scotia (Clayton/Bilcon).

Canada has already lost or settled six claims, paid out damages totaling over $170 million and incurred tens of millions more in legal costs. Mexico has lost five cases and paid damages of US$204 million. The U.S. has never lost a NAFTA investor-state case.


More: https://www.policyalternatives.ca/newsroom/news-releases/nafta-investor-state-claims-against-canada-are-out-control-study

My taxes help pay for this.


Canada is the most sued country in the ‘developed’ world, that should sound alarm bells in the EU

Maude Barlow

30 October 2015 Trade

Several weeks ago, hundreds of thousands of people across Europe and the UK marched to protest the Trans-Atlantic Trade and Investment Partnership (TTIP), a massive planned new trade deal between Europe and the US. They were rightly sounding the alarm as TTIP will greatly reduce the ability of local governments to spend public money for local development, impose new limits on the right of governments of all levels to regulate on behalf of their citizens and environment, endanger public services and jeopardize Europe’s higher standards on labour, food safety and social security.

TTIP also includes Investor State Dispute Settlement (ISDS), a provision that will allow American corporations to sue European governments for laws and practices that threaten their bottom line. There are now over 3,200 bilateral ISDS agreements in the world, and foreign corporations have used them to sue governments over health, safety and environmental laws.

Cigarette maker Phillip Morris used ISDS to challenge Australian rules around cigarette packaging intended to promote public health. A Swedish company, Vattenfall, is suing Germany for a reported €4.7 billion relating to Germany’s decision to phase out nuclear power. ISDS is profoundly anti-democratic and threatens the human rights of people everywhere.

But people in the UK and Europe should be paying attention to another deal that has had way less attention. CETA – the Comprehensive Economic and Trade Agreement between the EU and Canada – is equally disturbing and way further along in the process. I’m coming on a speaking tour of the UK to share a powerful story of Canada’s experience that is relevant for two reasons.

The first is that we Canadians have lived with ISDS for twenty years. It was first included in NAFTA, the North American Free Trade Agreement between Canada, the US and Mexico, and has been used extensively by the corporations of North America to get their way. As a result of NAFTA, Canada is now the most sued developed country in the world.


Full article: http://www.globaljustice.org.uk/blog/2015/oct/30/canada-most-sued-country-developed-world-and-should-sound-alarm-bells-eu

http://www.democraticunderground.com/1016112245

******************************************************************************************************

http://www.democraticunderground.com/101680974

Thanks to NAFTA, Conditions for Mexican Factory Workers Like Rosa Moreno Are Getting Worse

Texas Observer / By Melissa del Bosque

The difficult and dangerous working conditions that Rosa and at least 1.3 million other Mexican workers endure were supposed to get better. They didn't.



Photo Credit: Alan Pogue

December 11, 2013 |

.... On this night, Feb. 19, 2011, she couldn’t shake the feeling that something was wrong, a premonition that perhaps she shouldn’t go. But she needed the money. It was the final shift in her six-day workweek, and if she missed a day, the factory would dock her 300 pesos. She couldn’t afford to lose that kind of money. Her family already struggled to survive on the 1,300 pesos (about $100) a week she earned. Unable to shake the bad feeling, she’d already missed her bus, and now she’d have to pay for a taxi. But the thought of losing 300 pesos was worse. She had to go. Rosa kissed her six children goodnight and set out across town.

In the Mexican border city of Reynosa, the hundreds of maquiladoras that produce everything from car parts to flat-screen televisions run day and night—365 days a year—to feed global demand. Rosa worked from 10 p.m. to 7 a.m. at a factory called HD Electronics in a sprawling maquiladora park near the international bridge that links Reynosa, an industrial city of 600,000, to Pharr, Texas. Like the 90,000 or more workers in Reynosa, the 38-year-old Rosa depended on these factories for her livelihood. In the 11 years since she moved to the city, she had welded circuitry for Asian and European cell phone companies, assembled tubing for medical IV units to be shipped over the border to the United States, and worked on a production line assembling air conditioners for General Motors.

This was her second month at HD Electronics, a South Korean firm that had moved to Reynosa in 2006 to produce the metal backing for flat-screen televisions made by another South Korean firm, LG Electronics—a $49 billion corporation. LG also has a plant in Reynosa and could scarcely keep up with the North American demand for its plasma and LCD televisions.

At HD Electronics, Rosa operated a 200-ton hydraulic stamping press. Every night, six days a week, she fed the massive machine thin aluminum sheets. The machine ran all day, every day. Each time the press closed it sounded like a giant hammer striking metal: thwack, thwack, thwack. The metal sheets emerged pierced and molded into shape for each model and size of television. At the factory, 20 women, including Rosa, worked the presses to make the pieces for the smaller televisions. Nearby were 10 larger presses, each of which took two men to operate, to make backings for the giant-screen models.


Full Article: http://www.alternet.org/labor/after-20-years-nafta-thanks-nafta-what-happened-mexican-factory-workers-rosa-moreno?akid=11305.44541.10ylde&rd=1&src=newsletter939436&t=21

NAFTA Is Starving Mexico

Posted by polly7 in General Discussion
Thu Oct 20th 2011, 10:40 AM

By Laura Carlsen, October 20, 2011

http://www.fpif.org/articles/nafta_is_star...

"Since the North American Free Trade Agreement (NAFTA) became the law of the land, millions of Mexicans have joined the ranks of the hungry. Malnutrition is highest among the country’s farm families, who used to produce enough food to feed the nation.

As the blood-spattered violence of the drug war takes over the headlines, many Mexican men, women, and children confront the slow and silent violence of starvation. The latest reports show that the number of people living in “food poverty” (the inability to purchase the basic food basket) rose from 18 million in 2008 to 20 million by late 2010.

About one-fifth of Mexican children currently suffer from malnutrition. An innovative measurement applied by the National Institute for Nutrition registers a daily count of 728,909 malnourished children under five for October 18, 2011. Government statistics report that 25 percent of the population does not have access to basic food."


http://journals.democraticunderground.com/polly7/9


http://www.democraticunderground.com/1002637336

Zalatix (8,994 posts)

Defenders of NAFTA might not want to hear a Mexican farmer's point of view on the subject.


http://articles.cnn.com/2008-02-01/world/mexico.farmers_1_mexican-officials-mexican-government-nafta?_s=PM:WORLD

Mexican farmers protest NAFTA

February 01, 2008|From Harris Whitbeck CNN

Hundreds of thousands of farmers clogged central Mexico City Thursday with their slow-moving tractors, protesting the entry of cheap imported corn from the United States and Canada.

On January 1 Mexico repealed all tariffs on corn imported from north of the border as part of a 14-year phaseout under the North American Free Trade Agreement, or NAFTA.

The farmers want the government to renegotiate the 1994 free trade agreement, which removed most trade barriers among Mexico, Canada, and the United States, saying livelihoods are at stake.

"NAFTA is very bad, very bad for Mexican consumers and for Mexican producers," said Victor Quintana, head of Democratic Farmers Front, which organized the protest.

The farmers complain that U.S. and Canadian grains are heavily subsidized and therefore undermine Mexican products.



http://prospectjournal.ucsd.edu/index.php/2010/04/nafta-and-u-s-corn-subsidies-explaining-the-displacement-of-mexicos-corn-farmers/
NAFTA AND U.S. CORN SUBSIDIES: EXPLAINING THE DISPLACEMENT OF MEXICO’S CORN FARMERS

The paper’s underlying hypothesis is that American corn subsidies, which led to the flooding of Mexican markets with American corn following the signing of NAFTA, is the primary factor responsible for the post-1994 internal displacement of rural farmers in Mexico. The trade agreement effectively eliminated all trade barriers and placed Mexico’s domestically produced corn in direct competition with highly subsidized corn imported from the United States. Consequently, Mexican corn farmers, who comprise the majority of the country’s agricultural sector, experienced drastic declines in the domestic price of their product and thus faced increasing difficulties to attain a sustainable living. Hence, we observe high levels of migration into Mexico’s cities in the latter half of the 1990’s, and the beginning of the 21st century, as these displaced farmers abandoned their previous livelihood in search of employment.


So not only did foreign outsourcing destroy millions of American manufacturing jobs, it also devastated Mexico's farmers.

Tell us again how free trade helped?



How NAFTA Drove Mexicans into Poverty and Sparked the Zapatista Revolt

By EDELO, Creative Time Reports

The North American Free Trade Agreement, passed 20 years ago, has resulted in increased emigration, hunger and poverty (with Video)

December 30, 2013

Mexico was said to be one step away from entering the “First World.” It was December 1992, and Mexico’s then-president, Carlos Salinas, signed the North American Free Trade Agreement (NAFTA). The global treaty came with major promises of economic development, driven by increased farm production and foreign investment, that would end emigration and eliminate poverty. But, as the environmentalist Gustavo Castro attests in our video, the results have been the complete opposite—increased emigration, hunger and poverty.


While the world was entertaining the idea of the end of times supposedly predicted by the Mayan calendar, on December 21, 2012, over 40,000 Mayan Zapatis . tas took to the streets to make their presence known in a March of Silence. The indigenous communities of Chiapas—Tzeltales, Tzotziles, Tojolobales, Choles, Zoques and Mames—began their mobilization from their five centers of government, which are called Caracoles. In silence they entered the fog of a December winter and occupied the same squares, in the same cities, that they had descended upon as ill-equipped rebels on January 1, 1994, the day NAFTA came into effect.

In light of the 20th anniversary of NAFTA’s implementation and the Zapatista uprising, we set out to explore both the positive and negative effects of the international treaty. The poverty caused by NAFTA, and the waves of violence, forced migration and environmental disasters it has precipitated, should not be understated. The republic of Mexico is under threat from multinational corporations like the Canadian mining company Blackfire Explorations, which is threatening to sue the state of Chiapas for $800 million under NAFTA Chapter 11 because its government closed a Blackfire barite mine after pressure from local environmental activists like Mariano Abarca Roblero, who was murdered in 2009.

Still, one result of the corporate extraction of Mexico’s natural resources and displacement of its people that has followed the treaty has been the organization and strengthening of initiatives by indigenous communities to construct autonomy from the bottom up. Seeing that their own governments cannot respond to popular demands without retribution from corporations, the people of Mexico are asking about alternatives: “What is it that we do want?” The Zapatista revolution reminds us that not only another world, but many other worlds, are possible


Full Article: http://www.alternet.org/world/how-nafta-drove-mexicans-poverty-and-sparked-zapatista-revolt?akid=11347.44541.RWB6aQ&rd=1&src=newsletter941851&t=19


Drug War Mexico, NAFTA and Why People Leave

#!

Peter Watt teaches Latin American Studies at the University of Sheffield in the UK. He is co-author of the new book, Drug War Mexico, and is currently penning another with Observer journalist Ed Vulliamy about white collar crime and the Mexican 'drug war.'

http://www.zcommunications.org/drug-war-mexico-nafta-and-why-people-leave-by-peter-watt-1

**********************************************************************************************************

The protest, co-sponsored by 59 organizations, is being spearheaded by Popular Resistance and Flush The TPP and includes environmental, human rights, labor, climate change and good government groups. They have been organizing this mobilization for months knowing that the TPP would be made public around this time.

At its root, the TPP is about modern colonialism. It is the way that Western governments and their transnational corporations, including Wall Street banks, can dominate the economies of developing nations,” said Margaret Flowers, co-director of Popular Resistance. She continued “The reality is that without trade justice there cannot be climate justice, food justice; there cannot be health justice or wage justice. That is why people are mobilizing to stop the TPP.”

Mackenzie McDonald Wilkins, organizer for Flush The TPP, said: “The TPP impacts every issue we care about as a result, a unified movement of movements to stop the TPP has developed. People who care about corporate power versus democracy and our sovereignty or about jobs and workers, the environment and climate change, health care, food and water, energy regulation of banks are mobilizing to make stopping the TPP their top priority.”


http://dissidentvoice.org/2015/11/mass-mobilization-to-stop-the-tpp-announced-as-text-is-released/

bbm.


And, similar to the TPP, the Transatlantic Trade and Investment Partnership is having troubles in Europe. Europeans see TTIP either not advancing or going in the wrong direction because of the heavy handedness of the U.S. The French negotiator said: “France is considering all options including an outright termination of negotiations.” More than 3 million people across Europe signed a petition calling on the European Commission to scrap the agreement and hundreds of thousands marched in Berlin on October 10 opposing the TTIP. People realize that rather than opening up new markets, since the U.S. and EU countries already trade a great deal, it will privatize public services for corporate profits.


At its root, the TPP is about modern colonialism. It is the way that Western governments and their transnational corporations, including Wall Street banks, can dominate the economies of developing nations. To be part of the TPP, governments are required to allow foreign ownership of property, including buying land in signatory countries. The TPP allows corporate trade tribunals to overrule their laws, acquire resources cheaply and provide slave wages to workers. And, if all else fails, the U.S. and allied militaries will be there to enforce agreements.

The TPP gives incredible power to foreign banks to move money in and out of countries without restrictions. It minimizes regulation of big finance to allow risk-tasking that endangers the world economy. Countries that need money will be enslaved by loans from big finance like Citigroup, and once they are in debt, they will be unable to stand up to the demands of banksters who threaten them as we witnessed recently in Greece.

The reality is that without trade justice there cannot be climate justice, food justice; there cannot be health justice or wage justice. Injustice in trade undermines all the issues the social movement is working to correct.

As a result the largest trade justice movement has developed and is growing. Be part of this cultural shift that will challenge corporate power and build the power of people.


http://dissidentvoice.org/2015/10/spread-the-word-tpp-is-toxic-political-poison-that-politicians-should-avoid/#more-60210


ISDS is the Investor-State Dispute Settlement process that is part of recent so-called trade agreements. The zealots pushing ISDS are those who worship Mammon and who seemingly are willing to sacrifice everything else on the altar of short-term greed. Specifically, ISDS is being pushed by Wall Street, transnational corporations and rich investors.

Under ISDS, if a foreign corporation/investor thinks that a government’s policy reduces its profits or expected future profits, ISDS allows the foreign investor to evade the usual judicial system. Instead, the investor can bring a nation before a hearing of a tribunal of trade lawyers. These lawyers may represent an investor in one case and be an arbitrator in another case. Public interests, such as protection of public health, the environment, buy local programs, etc. take a back seat to commercial considerations in these deliberations. Laws passed by a democratic process can be overridden and national sovereignty is out the window.

If the investor wins, the government must either change the policy or pay what can turn out to be a very substantial fee. If the state wins, there is no cost to the investor. In addition, the ISDS is even more one-sided as the state has no corresponding right to bring an original claim against the foreign investor.

According to an article by Robin Broad in the January/February Dollars & Sense issue, in 1964, 21 developing-country governments voted no on the establishment of the International Centre for Settlement of Investment Disputes (ICSID), a predecessor of ISDS, as a new part of the World Bank. All 19 of the Latin American countries attending the meeting voted no.

Felix Ruiz of Chile spoke on behalf of these 19 countries and said:

The new system that has been suggested would give the foreign investor, by virtue of the fact that he is a foreigner, the right to sue a sovereign state outside its national territory, dispensing with the courts of law. This provision is contrary to the accepted legal principles of our countries and, de facto, would confer a privilege on the foreign investor, placing the nationals of the country concerned in a position of inferiority.


http://dissidentvoice.org/2015/06/a-real-threat-isds/


Are we overlooking the most dangerous aspect of TTIP?

Alex Scrivener

19 October 2015

Collateral damage. Enhanced interrogation. What’s the name for those phrases or words that sound relatively innocuous but are actually covering up something that’s very violent or very bad. Here’s another one: regulatory cooperation. Cooperation is a good thing, right? It doesn’t sound so threatening, but it’s a masterful example of the power of language to make something terrible sound benign. And it’s nestling at the heart of the trade deal being hammered out between the EU and the USA.


To most people, regulations such as air pollution limits and food safety standards are common sense protections against dangerous threats. However, to many big businesses, these rules are just red tape or “non-tariff barriers to trade” (NTBs) which inhibit profits. Proponents of TTIP say that 80% of the supposed benefits of the deal will come from getting rid of these NTBs.

Our new briefing shows how regulatory cooperation presents a unique opportunity for corporate interests on both sides of the Atlantic to lobby for these standards to be brought down to the lowest common denominator. Many of the major corporate interests pushing for TTIP actually think this, not ISDS, is the aspect of the deal that is most important to them. Some supporters of TTIP have even gone as far as to advocate sacrificing ISDS to protect regulatory cooperation. Corporate lobbyists have expressed the hope that regulatory cooperation will make them so powerful that it will allow them to effectively “co-write” regulation with policy-makers.


Proponents of TTIP say all of this is just scaremongering, but the reality is that this stuff is already happening. The mere prospect of the deal is already weakening certain EU standards. For example, US officials successfully used the prospect of TTIP to bully the EU into abandoning plans to ban 31 dangerous pesticides with ingredients that have been shown to cause cancer and infertility. A similar fate befell regulations around the treatment of beef with lactic acid. This was banned in Europe because of fears that the procedure was being used to conceal unhygienic practices. The ban was repealed by MEPs in a Parliamentary Committee after EU Commission officials openly suggested TTIP negotiations would be threatened if the ban wasn't lifted.


http://www.globaljustice.org.uk/blog/2015/oct/19/are-we-overlooking-most-dangerous-aspect-ttip



These are just a few of the articles I happened to read over the years.


There are so many great threads here by DU'ers, I wish I'd kept track of them all.

Just one of the most recent ones with a lot of great comments:

http://www.democraticunderground.com/10027324270

packman (3,907 posts)

Just how bad the TPP is - guaranteed profits on EXPECTATIONS of profits

Banks and other financial institutions would be able to use provisions 43oOnEoin the proposed Trans-Pacific Partnership to block new regulations that cut into their profits, according to the text of the trade pact released this week.
—In what may be the biggest gift to banks in a deal full of giveaways to Hollywood, the drug industry and technology firms, financial institutions would be able to appeal any national rules they didn’t like to independent, international tribunals staffed by friendly corporate lawyers.
—That could nullify a proposal by Hillary Clinton to impose a “risk fee” on financial firms — or the Elizabeth Warren/Bernie Sanders plan to reinstate the firewall between investment and commercial banks
language in the TPP could be directed to target American financial laws and regulations.

In prior deals, financial services providers were limited to making ISDS challenges based on discrimination — where foreign companies were subject to more stringent rules than their domestic counterparts — or an illegal “taking” of their investments. These types of challenges have been largely unsuccessful in ISDS tribunals.

But now, for the first time, financial institutions could make an ISDS claim based on not receiving a “minimum standard of treatment.” This is the most flexible type of claim. “Over time, tribunals have interpreted this to mean that the company gets compensation if the change in policy disappoints their expectations of future profits,” said Lori Wallach of Public Citizen’s Global Trade Watch.

In other words, a company can state it "expected" to get billions-but shit happens and they didn't - so an international tribunal can award them that phantom money. A movie bombs overseas or an overseas movie bombs here and they still make money. Count me in - I've got some crap to sell overseas worth millions.

http://extragoodshit.phlap.net/index.php/tpp-trade-pact-would-give-wall-street-a-trump-card-to-block-regulations/#more-324923


polly7

(20,582 posts)
32. Begged!!!
Sun Nov 8, 2015, 08:25 PM
Nov 2015

What a lie. 'We', as in the people of Canada, had not one bit of say in it. Neither did the people of Mexico, or the U.S.

polly7

(20,582 posts)
35. Oh, read too fast. I thought you were still yammering on about NAFTA.
Sun Nov 8, 2015, 08:32 PM
Nov 2015

Our dear Harper would fight tooth and nail for any chance at screwing us over with the TPP to benefit our own and multinational corporations, you should have known that.

 

Hoyt

(54,770 posts)
39. Harper might, but I don't beleive leaders in all150+ countries that have signed these things would.
Sun Nov 8, 2015, 08:47 PM
Nov 2015
 

cascadiance

(19,537 posts)
84. You can bet that he'd be helping Transcanada sue us under ISDS for shutting down Keystone...
Mon Nov 9, 2015, 01:06 PM
Nov 2015

... for "lost profits" for Transcanada. I wonder if he will actually go to work for them if he's now out of office? Does Canada have laws rejecting such revolving doors that are missing here?

Perhaps another reason why Obama is now saying he will stop Keystone, because he knows that with supporting putting in TPP in place, that what he does there WON'T MATTER! Transcanada will get what it wants through ISDS courts and either get us to pay them tons of money to keep Keystone oil shut down in place, or change the laws to allow it to be put back on schedule for them which our government would argue would be to avoid "crippling debt" by the ISDS judgement against us. You can pretty well predict what will happen!

polly7

(20,582 posts)
85. Yes, it's scary all around, isn't it?
Mon Nov 9, 2015, 01:10 PM
Nov 2015

It makes me ill to think that any huge corporation could get what they want through these courts and affect the environment and lives of so many people they're completely oblivious to.

Every protection everywhere will be challenged.

polly7

(20,582 posts)
105. Thank you appal_jack.
Tue Nov 10, 2015, 07:51 AM
Nov 2015

Those were just some of mine I'd kept in my journal and a few others. Cali and others had a lot of really great info here, I wish it had all been gathered in one place.

 

Joe Turner

(930 posts)
36. What a laugh.
Sun Nov 8, 2015, 08:38 PM
Nov 2015

After years of negotiating the treaty in secrecy and being shamed about the wall of silence around TPP, the backers finally release it during the holiday season with just a few months before a vote on an agreement that spans more than 2000 pages. What reasonable straight shooting chaps you are...NOT!

JDPriestly

(57,936 posts)
21. And, as Bernie says, "Enough is enough."
Sun Nov 8, 2015, 07:38 PM
Nov 2015

Americans are suffering because of these trade agreements. Enough is enough.

I'd like to do away with all and any of them.


We can establish fair trade agreements with each country separately.

Our government has been letting us down for many, many years in the negotiation of these trade agreements.

NAFTA has seriously harmed our job market, our domestic job market.

 

Hoyt

(54,770 posts)
24. Without trade agreements, we probably couldn't afford a computer to debate the issues.
Sun Nov 8, 2015, 07:48 PM
Nov 2015

And the unemployment rate would be much higher.

 

Joe Turner

(930 posts)
28. America became the industrial superpower of the world
Sun Nov 8, 2015, 08:08 PM
Nov 2015

without any over arching, sovereignty destroying trade pacts. What are you talking about? TTP type trade deals have little to do with trade and everything to do with expanding corporate power over the state.

 

Hoyt

(54,770 posts)
30. But we are saturated now, need resources from others, compete in a global economy, etc. Those good
Sun Nov 8, 2015, 08:22 PM
Nov 2015

old days are gone.

 

Joe Turner

(930 posts)
38. If the good old days are gone
Sun Nov 8, 2015, 08:46 PM
Nov 2015

and they may be, it is largely due to free trade agreements. Most nations put the interests of their country and people first. This country stopped doing that in the 1970s. We went from trade surpluses to trade deceits. Our trading partners run huge trade surpluses with the U.S. year after year. That sir, has nothing to do with "we are saturated now" kind of babbling rubbish from you. We have been sold out by the corporate interests to own our political system, and evidently flaks like you.

 

Hoyt

(54,770 posts)
40. Like Krugman has said, people blame NAFTA (trade agreements) for things caused by other factors.
Sun Nov 8, 2015, 08:53 PM
Nov 2015

IMO, the world has changed, we need to change with it, even if some folks are too myopic to see it. Trading among ourselves will not provide the revenue to do all the things most want from a societal perspective.

polly7

(20,582 posts)
48. What 'things'?
Sun Nov 8, 2015, 09:04 PM
Nov 2015

And who mentioned only trading among ourselves? We can trade with whomever we like using FAIR trade deals - those that truly benefit and safeguard both parties. But noooo ...... we have oligarchs and the 1% to protect first and above all, then it'll all just trickle down, right?

 

Joe Turner

(930 posts)
59. Again, NAFTA, TTP have little to do with trade
Sun Nov 8, 2015, 09:30 PM
Nov 2015

To make it sound like we need NAFTA or TPP to trade with other nations is simply a lie, because we have always engaged in international trade since our country's founding and prospered mightily from it. I realize you have to make quick propaganda sound bites to misled but quoting Krugman, a noted globalist, only further discredits you.

 

Joe Turner

(930 posts)
63. Given the results of 21st century trade
Sun Nov 8, 2015, 11:23 PM
Nov 2015

in this country, yes, we need to back to the previous era when trade used to work in our favor. You are stuck with a trade ideology that does not work in the real world. TPP is just the latest example of what happens when corporate and governmental powers merge... and nothing good comes from that.

 

Joe Turner

(930 posts)
65. You mean the decade where out of control stock market
Sun Nov 8, 2015, 11:47 PM
Nov 2015

speculation drove our economy off the cliff? Well, we are already headed for a replay of that with our current economic polices of letting Wall Street be Wall Street. The next downturn, like the one in the 1930s will be all about what happens when too much money is all in one place - like the stock and bond market - and debt is excessive. Wall Street just can't stand the notion that they played a huge role in the great depression.

 

Hoyt

(54,770 posts)
71. No, I'm talking about the period where there were no jobs because there was no investment in this
Mon Nov 9, 2015, 06:35 AM
Nov 2015

country. I believe in strong regulation of corporations, and taxation. I also believe that almost anyone making a decent income nowadays works for corporations, not some mom-and-pop place that can't afford insurance, benefits, etc.

 

Joe Turner

(930 posts)
91. Mr. Hoyt you are all over the board
Mon Nov 9, 2015, 07:41 PM
Nov 2015

You referenced the great depression. A depression that followed the excesses of the 1920s. It was a major downturn in the business cycle globally after years of growth. Better economic policies perhaps could have shortened the downturn but nothing could have stopped it from happening. Second, your claim that you believe in strong regulation of corporation is laughable on its face. The entire reason for TPP is to get around government regulation. You are a funny guy.

 

Joe Turner

(930 posts)
94. Getting around a nation's regulations is the central purpose of TPP
Mon Nov 9, 2015, 08:22 PM
Nov 2015

It is why corporations have spent billions to get it passed. Speaking of obtuse, you make it quite clear you have some kind of stake in its passage.

 

Joe Turner

(930 posts)
97. Corporations ruling world governments is a bleak future
Mon Nov 9, 2015, 10:45 PM
Nov 2015

At a time when corporate power need to be reigned in TPP gives corporations incredible power over nations and governments. You managed to get it exactly backwards. BTW, "no direct stake" sounds sounds weasely.

 

Hoyt

(54,770 posts)
98. Corporations won't be ruling the world. Heck, any government can boot them out at any time.
Mon Nov 9, 2015, 11:22 PM
Nov 2015


And it's not weasely. I have no direct stake, get nothing directly from our participating in a global world. But I do benefit when people have good jobs, see a brighter future, when we spread around some of the wealth we took from the world, etc. Too bad you can't experience that kind of indirect benefit. It must be tough feeling helpless and powerless because of the big bad corporations.
 

Joe Turner

(930 posts)
100. Sure, let's just forget those hundreds of billions of dollars that corporations
Tue Nov 10, 2015, 12:58 AM
Nov 2015

spend on our politicians to get the government they want. Good Jobs? There are some of those still around but much, much less than there used to be prior to the era of corporate trade deals. And spreading our wealth around the world is exactly what such trade policies do, except little of it comes back our way as our trade deficits prove. Anyway I happen to work for one of those big bad corporations so don't worry about me.

 

Joe Turner

(930 posts)
102. It pays well and certainly beats shilling for a living
Tue Nov 10, 2015, 01:11 AM
Nov 2015

Have to wonder what keeps someone up at 3:00 in the morning writing the same corporate drivel every day. Nighty night.

pampango

(24,692 posts)
93. "Nothing could have stopped it (the Great Depression) from happening." I disagree.
Mon Nov 9, 2015, 07:59 PM
Nov 2015

republican policies from 1921 to 1933 included lower taxes on the rich, cutting regulations on corporations and raising tariffs creating a historic level of income inequality (worse even than today which is saying something) and harming the middle class on which the economy depends. republicans were not innocent victims of a boom-and-bust economic cycle. The Great Depression was not inevitable. It was created by conservative republican policies.

Bush II tried to push us into a second Great Depression with many of the same policies that Calvin Coolidge and Herbert Hoover followed. Fortunately a Democratic president was inaugurated soon enough to turn things around. If FDR had been elected in 1930 instead of 1932, perhaps the Great Depression would have been the Great Recession instead.

 

Joe Turner

(930 posts)
95. Sure, trees grow to the sky
Mon Nov 9, 2015, 08:27 PM
Nov 2015

Ever hear of the business cycle. There are major cycles up and down. Nothing will stop an economy from contracting if debt, market saturation, and financial leverage have gone to the extreme. Yes, Harding's policies certainly accelerated the decline, but it was going to happen anyway. Booms and Busts happen every now then and IMO we are about due for another bust.

pampango

(24,692 posts)
104. Recessions are part of the business cycle. Depressions are not.
Tue Nov 10, 2015, 06:57 AM
Nov 2015

The Great Depression was not an inevitable part of the business cycle. It was caused by republican policies that hollowed out the middle class . If you wish to portray the republican presidents who preceded FDR as innocent victims of the business cycle, go right ahead. I am not buying it.

 

Hoyt

(54,770 posts)
33. I don't lije corporations either, but without them most of us would b begging for a cup full of mush
Sun Nov 8, 2015, 08:28 PM
Nov 2015

Control them, and tax the hell out of them. But without them, most of us would be in a world of hurt.

polly7

(20,582 posts)
49. Completely disregarding the horrific working conditions of those making them for you
Sun Nov 8, 2015, 09:05 PM
Nov 2015

Last edited Mon Nov 9, 2015, 08:33 AM - Edit history (1)

for pennies a day, right? How is that fair trade?

And I didn't mean 'you' specifically, I meant the U.S. And it was just an example ......... do you have no problem at all with hundreds of thousands/millions of jobs being off-sourced to slave/cheap labour nations closing down whole industries in your own country? Are there not people there begging for decent employment as there are here in Canada?

 

Rex

(65,616 posts)
51. He doesn't care, just doesn't have the conviction to admit it to you.
Sun Nov 8, 2015, 09:09 PM
Nov 2015

So he pretends to ignore that part as if you didn't write it. As a matter of fact, all he is yammering about now is the same parroted line he repeats over and over.

I love watching this guy turn people off to capitalism, he is way too clueless to realize it himself.

polly7

(20,582 posts)
56. I know he doesn't care. He said the same things yesterday when I presented him with
Sun Nov 8, 2015, 09:18 PM
Nov 2015

a video of the garment industry and the women and children in Bangladesh and Cambodia dying in factory collapses and fires, the environmental disaster, the horrific impact on health, among other things. He seems to think these multinationals who've spent years in secret drafting these disgusting safeguards - for themselves - are going to suddenly become compassionate, empathetic trading partners whose real goal is to enrich the downtrodden.

Actually, I doubt he thinks that at all, he just wants us to think it.

 

Hoyt

(54,770 posts)
52. And the TPP will do something about that. Probably not enough, but far better than doing nothing
Sun Nov 8, 2015, 09:10 PM
Nov 2015

as you seem to prefer.

BelgianMadCow

(5,379 posts)
69. Here's what people doing VERY thorough reading are finding
Mon Nov 9, 2015, 02:10 AM
Nov 2015
http://www.nakedcapitalism.com/2015/11/the-tpp-and-state-sovereignty-a-toothless-preamble-weak-code-of-conduct-secret-proceedings-and-a-tobacco-carve-out-that-might-not-carve-out.html

In summary, then, the FT coverage of the ISDS chapter of the TPP ranges from outright wrong to weakly mis- or disinformative.

1) The Preamble is only, as it were, informative. It is not normative, and in itself does not establish the rights of states to regulate for the welfare of their citizens;

2) The ISDS “Code of Conduct” is no such thing, since it does not include ethical canons or guidelines for outside activity;

3) ISDS proceeedings are most definitely not required to be public; the parties can agree that they be secret, and the confidentiality clause is a loophole even a bad lawyer could drive a truck through;

4) The so-called tobacco carve-out still permits challenge, and hence does not change the power imbalance between rich and threatening corporations and states that are small or poor.

In other words, if NC were WaPo, it would be awarding the FT multiple Pinocchios for its coverage of the ISDS.[4] Could do better!

The TPP is a major international agreement. Is it too much to ask that the financial press take this story seriously?
 

Hoyt

(54,770 posts)
70. Notwithstanding Naked Capitalism's vague criticism, 150+ countries have signed similar ISDS
Mon Nov 9, 2015, 06:31 AM
Nov 2015

agreements since 1959, including Scandinavian countries, to attract investment, jobs, and tax revenue.

 

cherokeeprogressive

(24,853 posts)
67. "Same language has been in 2500+ trade agreements since 1959." Why then, do we need another?
Mon Nov 9, 2015, 01:02 AM
Nov 2015

You'd think 2500+ agreements all saying the same thing would have just about covered it all by now, right?

You'd think.

 

kelliekat44

(7,759 posts)
77. I believe you are wasting your time trying to convince folks who have been brainwashed about this
Mon Nov 9, 2015, 08:32 AM
Nov 2015

since its inception. Most of those criticizing this are folk who were told to hate Hillary because of NAFTA.
Jobs weren't lost because of NAFTA...jobs were lost because greedy, seedy business owners saw a way to make more money using cheap labor...which they were already doing and will continue to do.

polly7

(20,582 posts)
79. You should probably read it, and some of the replies in this thread
Mon Nov 9, 2015, 08:38 AM
Nov 2015

showing exactly what unfair trade - including NAFTA - has already done to millions of human beings. These new agreements are 'NAFTA on steroids' - and we all have the right to criticize the actions of those greedy, seedy multi-billionaire business owners employing over 500 corporate lawyers to draft protections into these agreements that absolutely DO threaten even more the lives and environment of real human beings. Sucks, eh??

Monk06

(7,675 posts)
7. As I just finished posting on myTrudeau cabinet thread
Sun Nov 8, 2015, 05:50 PM
Nov 2015

Technically Lockheed could sue Canada for backing out of the F35 purchase under TPP and opening it up to tender again.

We have already taken part in development for the F35 to the tune of several billion dollars and Europe is outside the block.

See how that works for the US megas?

Total trade dominance in the Pacific leaving China with ASEAN and the Stans.

Existing agreements on GATT, WTO, and NAFTA are unaffected but any new trade agreements Canada negotiates with Europe or anyone else have to be reconciled with TPP or else

It's economic war with a happy face.

Australia is aready having serious second thoughts about the threat of TPP to it's mining industry

Omaha Steve

(99,686 posts)
12. D's that voted for TPP
Sun Nov 8, 2015, 06:56 PM
Nov 2015



On Thursday, House Republicans once again held a vote on the so-called "Trade Promotion Authority" legislation—abbreviated as TPA and better known as "fast-track"—that would prevent Congress from adding amendments to any trade deals negotiated by President Obama. And once again, the same 28 Democrats voted in favor of it:
Terri Sewell (AL-07)
Susan Davis (CA-53)
Sam Farr (CA-20)
Jim Costa (CA-16)
Ami Bera (CA-07)
Scott Peters (CA-52)
Jared Polis (CO-02)
James Himes (CT-04)
Debbie Wasserman Schultz (FL-23)
Mike Quigley (IL-05)
John Delaney (MD-06)
Brad Ashford (NE-02)
Gregory Meeks (NY-05)
Kathleen Rice (NY-04)
Earl Blumenauer (OR-03)
Kurt Schrader (OR-05)
Suzanne Bonamici (OR-01)
Jim Cooper (TN-05)
Rubén Hinojosa (TX-15)
Eddie Johnson (TX-30)
Henry Cuellar (TX-28)
Beto O'Rourke (TX-16)
Gerald Connolly (VA-11)
Donald Beyer (VA-08)
Rick Larsen (WA-02)
Suzan DelBene (WA-01)
Derek Kilmer (WA-06)
Ron Kind (WI-03)
Last week, when fast-track first came up for a vote, its fate was tied to another piece of legislation called Trade Adjustment Assistance, which helps displaced workers. Since TAA failed, so did TPA, even though the latter received a majority vote. This time, unencumbered by TAA, TPA passed by a 218 to 208 margin, thanks to the support of those 28 Democrats listed above.
Now TPA will head to the Senate for a possible vote next week whose outcome is uncertain. Republicans have promised Democrats that TAA will come up for a separate vote as part of a non-controversial trade bill regarding Africa, but will Democrats in the Senate take that risk and support TPA on its own?

We know that 28 House Democrats were willing to do so, and we aren't going to forget their names.

JDPriestly

(57,936 posts)
13. The only presidential candidate who can be trusted to deal with the TPP in the interests of the
Sun Nov 8, 2015, 07:01 PM
Nov 2015

American people is Bernie Sanders.

Jack Rabbit

(45,984 posts)
17. K/R and thank you, Polly
Sun Nov 8, 2015, 07:10 PM
Nov 2015

Anybody who cannot see that the present terrible trio of trade deals subvert democracy or national sovereignty probably can't see blue sky on a clear day.

The ISDS is still part of the TPP (Article 28 in PDF) and it's little different than we were led to believe it would by those opposing it, including Wikileaks. It still allows those acting through corporations to sue governments for regulating pollution or occupational safety.

This means you and I can elect a congressman who campaigns to support legislation regulating carbon emissions, he can follow through with his promise and get the measure passed and ExxonMobil can sue the US Government over it. ExxonMobil can demand a hearing before the ISDS panel, composed of three corporate lawyers, who have the power to award ExxonMobil a sum of money to be borne by US taxpayers (that's also you and I) for "a benefit it could reasonably have expected to accrue . . . (that) is being nullified or impaired as a result of the application of a measure of another Party that is not inconsistent with this Agreement" (Article 28.3(c)).

So, how is that not a subversion of democracy or national sovereignty? This ISDS panel is not elected by US voters, yet there exist entities than can appeal to the ISDS the acts of congressmen whom we elect to represent us and can make the US taxpayers compensate an artificial person who breaks our laws and harms public health.

Horsepucky, I say. Whose army is going to make the United States of American compensate an oil company for failing to abate environmental pollution? Whose army is going to make us even recognize the authority of a panel of corporate shysters to sit in judgment of the American people? The TPP has no sunset clause? Whose army is going to keep us tied to this instrument of corporate tyranny one minute longer after we, the American People, recognize it for what it is?

 

Hoyt

(54,770 posts)
26. None of that has ever happened to the USA in the 50 or so agreements with similar provisions.
Sun Nov 8, 2015, 08:06 PM
Nov 2015

Last edited Sun Nov 8, 2015, 08:55 PM - Edit history (1)

But, I guess it could in some fantasy world.

So let's throw Toyota, Honda, Frigidaire, Mercedes, Anheuser-Busch, EADS, Siemens, etc., and some 6 million workers out. Tell them, they will have no protection because we might just nationalize their plants, or pass laws that discriminate against them, but not American companies.

Jack Rabbit

(45,984 posts)
37. Where did you get that hypothetical scenario?
Sun Nov 8, 2015, 08:42 PM
Nov 2015

Certainly not from my post.

We seem to do a good job of not considering that kind of steer manure now. How is an otherwise bad trade deal going to make it better?

My objection to the TPP is the very existence of the ISDS and the fact that corporations are given a right to "expected" profits.

polly7

(20,582 posts)
46. Thank you for explaining this part, Jack Rabbit. I'm having trouble with a lot of it ...
Sun Nov 8, 2015, 09:01 PM
Nov 2015

certainly no economist or lawyer. But you're right, the big picture is very, very clear.

Kip Humphrey

(4,753 posts)
18. I can't get past...
Sun Nov 8, 2015, 07:17 PM
Nov 2015

“Signatories commit to acknowledge the existence of goals surrounding the possibility of workers’ rights”

without

 

Rex

(65,616 posts)
50. Workers are going to be thrown into slave labor, if not already there yet.
Sun Nov 8, 2015, 09:07 PM
Nov 2015

This deal will seal it for the 1%. Stick a fork in the working class.

Jack Rabbit

(45,984 posts)
53. Legalese
Sun Nov 8, 2015, 09:10 PM
Nov 2015

That's a language that designed not to be well understood.

We peons aren't supposed to know what's in it.

 

Marr

(20,317 posts)
80. It's so weird that the same people who USED to say 'wait and see what's in it' are now
Mon Nov 9, 2015, 08:38 AM
Nov 2015

defending it.

Who could have imagined such a coincidence??

raouldukelives

(5,178 posts)
83. Who could have known the same who profit from it, endorse it?
Mon Nov 9, 2015, 09:40 AM
Nov 2015

As long as they get a taste, hey, its democracy for them and for them, that is all that matters.

Latest Discussions»General Discussion»Why the TPP Must be Oppos...