HELLO TPP -Goodbye America
Before we attack the Trans Pacific Partnership, let us learn what it is. The Trans Pacific Partnerdhip (TPP), is a trade agreement that would be made between America and five Asian countries. It is supposed tho boost trade between these countries. However, the TPP is something altogether different, and, it is scary.
Under this agreement, International Corporations would have the right to sue a participating country if the corporation believes they have lost profits due to that country's actions.
In example, a Canadian energy company is suing America for 15 billion dollars because President Obama successfully stopped the XL Pipeline. The company claims that stopping the pipeline robbed them off future assets of that projected amount.
Clearly, this is ludicrous. Another example is Uruguay; a country that tried to put explicit labels on their cigarettes warming about the pitfalls of smoking. Philip Morris, a big tobacco company is suing this tiny, mostly poor country, for millions of dollars claiming that the preventatives put in place to protect the Uruguayan people cut Phillip Morris' profits.
The TPP has farther reaching consequences than being sued. If the United States decides to go completely green, limiting, and eventually freeing us from the fossil fuel industry, or to put into play regulations that reign in the fossil fuel companies, we can again be sued for interfering with corporate profits.
In other words if we adopt the TPP we can say "goodbye" to America as we know it. We will no longer be free to raise our minimum wage, clean our atmosphere, and in some cases provide clean water and environments for our millions of citizens.
The TPP will also make it easier for jobs to be taken overseas without consideration of the American worker. Any attempt to organize into unions would be a cause for a law suit as unions would cut into the profits that these companies seek.
You can see the restrictive one sided advantage that the Corporations would enjoy. These law suits would not be adjudicated in a normal, moral court, but in a tribunal, before corporate lawyers who surely would consistently side with the Corporations.
President Obama is pushing hard for the TPP while Presidential Candidate Hillary Clinton, who at first gave the TPP a yes vote, calling it "the gold standard" of trade deals, is now against the TPP.
Forged in secret, founded on greed, the Trans Pacific Partnership is not a good deal for anyone except the Uber-rich. Stand against this disastrous trade deal.
Thursday, August 25, 2016
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