...Although it is called a "free trade" agreement, (click here) the TPP is not mainly about trade. Of TPP's 29 draft chapters, only five deal with traditional trade issues. One chapter would provide incentives to offshore jobs to low-wage countries. Many would impose limits on government policies that we rely on in our daily lives for safe food, a clean environment, and more. Our domestic federal, state and local policies would be required to comply with TPP rules.
The TPP would even elevate individual foreign firms to equal status with sovereign nations, empowering them to privately enforce new rights and privileges, provided by the pact, by dragging governments to foreign tribunals to challenge public interest policies that they claim frustrate their expectations. The tribunals would be authorized to order taxpayer compensation to the foreign corporations for the "expected future profits" they surmise would be inhibited by the challenged policies....
The TPP assails sovereign rights of governments. It elevates companies to rankings of nations. There is no inhibiting poor quality goods from dominating any economy. It's pure unadulterated greed over any reasonable and understood economic basis.
The US FDA would lose it's meaning. Literally, food imports could be allowed to make ill and possibly kill their consumers. There is profit in dead consumers? Really? Dead customers = negative bottom line. Promise.
Local economies folks. Amazing. It is amazing to realize how unimportant human beings are to profiteers that only imagine wealth at every turn. Deregulating any commodity in the USA for the pure motive of greed would be disastrous.
Leave it to the Pacific to come up with pure nonsense and call it a trade agreement.
If this ceremoniously passes through Congress, it will be defeated in the courts and in 'real life' application of rejection of the goods.
Dig this:
We also have advanced our work (click here) to promote fair competition among us, including by establishing rules to ensure that State-owned enterprises and private-sector businesses are able to compete on a level playing field. This pioneering work on TPP will reinforce efforts by many of our governments to promote efficiency and the competitiveness of our economies.
There is no such thing as a level playing field in capitalism. What happened to capitalism? Too much competition for Wall Street and the US Chamber of Commerce? A better guarantee of the profit structure supersedes capitalism and competition, huh?
There is no level playing field for a third world nation. The Trans-Pacific Partnership is suppose to ELEVATE standards, not deregulate everything and allow a free for all. First World countries have worked hard at developing standards to protect consumers. A First World country requires a brain trust to continue standards that insure quality of life. Any treaty with the USA isn't suppose to eliminate the countries regulations and standards, it is suppose to provide the means that others can reach the goal of have high quality goods. The TPP is nonsense.
