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The TPP, it is as bad as you think it is

Presto Vivace (882157) writes | more than 2 years ago

Government 0

Presto Vivace writes "The TPP is not just another horrible trade agreement. According this this article by Laurel Sutherlin it is a huge corporate power grab: Meet the TPP: A Worldwide Corporate Power Grab of Enormous Proportions

The TPP is called a "trade agreement,' but in actuality it is a long-dreamed-of template for implementing a binding system of global corporate governance as bold as anything the world's wealthiest elite has attempted before. Of the 26 chapters under negotiation, only a few have to do directly with trade. The other chapters enshrine new rights and privileges for major corporations while weakening the power of nation states to oppose them. The TPP essentially proposes to establish a parallel system of justice where companies can sue countries in a tribunal of judges composed of unaccountable international trade lawyers with little to no process for appeal.

Say goodbye to due process of law. Draft texts of the proposal have appeared on Wikileaks and the website of Citizen's Trade Campaign. The EFF has an overview of the TPP."
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