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Trans-Pacific Partnership Looks Like Corporate Takeover
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May 15, 2013 | ECONOMY | Trans-Pacific Partnership negotiations are being held in secret with details kept secret even from our Congress. But giant corporation are in the loop… This one-sided participation unfortunately indicates that the interests of giant corporations are likely to override the interests of working people and those who want to protect non-corporate interests…The coming TPP is a very, very big deal. If it is agreed to by the Senate and signed by the President it will override American laws in many areas. We won't be allowed to enforce laws and regulations that impede the "rights" granted big corporations under this agreement, and it will be very hard to rescind the agreement once signed, no matter how much damage might result. Just look at how NAFTA, China's entry into the WTO and other agreements are causing huge trade deficits and sending jobs, factories and industries out of the country while dramatically increasing income and wealth inequality. Continue reading...
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