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The Trans-Pacific Partnership charade: TPP isn't about 'free' trade at all

Monday, October 5, 2015 16:23
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A multi-partisan activist group established to expose and resist US imperialism, corpora-terrorism, and the New World Order

The Trans-Pacific Partnership charade: TPP isn't about 'free' trade at all –'The TPP would advance an agenda that actually runs counter to free trade.' | 05 Oct 2015 | …Indeed, provisions in the TPP would restrain open competition and raise prices for consumers in the U.S. and around the world — anathema to free trade…Given the veil of secrecy surrounding the TPP negotiations, it is not clear whether tobacco will be excluded from some aspects of ISDS [Investor State Dispute Settlement]. Imagine what would have happened if these provisions had been in place when the lethal effects of asbestos were discovered. Rather than shutting down manufacturers and forcing them to compensate those who had been harmed, under ISDS, governments would have had to pay the manufacturers not to kill their citizens. Taxpayers would have been hit twice — first to pay for the health damage caused by asbestos, and then to compensate manufacturers for their lost profits when the government stepped in to regulate a dangerous product.



Source: http://www.legitgov.org/Trans-Pacific-Partnership-charade-TPP-isnt-about-free-trade-all

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