Newsflash:
Thursday, 03 October 2013 03:17

A Corporate Coup in Disguise

Written by  Jim Hightower | AlterNet

The Trans-Pacific Partnership would create a virtually permanent corporate rule over the people. What if our national leaders told us that communities across America had to eliminate such local programs as Buy Local, Buy American, Buy Green, etc. to allow foreign corporations to have the right to make the sale on any products purchased with our tax dollars?

This nullification of our people's right to direct expenditures is just one of the horror stories in the Trans-Pacific Partnership (TPP).

This is a super-sized NAFTA, the 1994 trade scam rammed through Congress by the entire corporate establishment. NAFTA promised the "glories of globalization": prosperity across our land. Unfortunately, corporations got the gold. We got the shaft -- thousands of factories closed, millions of middle-class jobs went south, and the economies of hundreds of towns and cities were shattered.

Twenty years later, the gang that gave us NAFTA is back with the TPP, a "trade deal" that mostly does not deal with trade. Of the 29 chapters in this document, only five cover traditional trade matters! The other chapters amount to a devilish "partnership" for corporate protectionism:

—Food safety. Any of our government's food safety regulations (on pesticide levels, bacterial contamination, fecal exposure, toxic additives, etc.) and food labeling laws (organic, country-of-origin, animal-welfare approved, GMO-free, etc.) that are stricter than "international standards" could be ruled as "illegal trade barriers." Our government would then have to revise our consumer protections to comply with weaker standards.

—Fracking. Our Department of Energy would lose its authority to regulate exports of natural gas to any TPP nation. This would create an explosion of the destructive fracking process across our land, for both foreign and U.S. corporations could export fracked gas from America to member nations without any DOE review of the environmental and economic impacts on local communities -- or on our national interests.

—Jobs. US corporations would get special foreign-investor protections to limit the cost and risk of relocating their factories to low-wage nations that sign onto this agreement. So, an American corporation thinking about moving a factory would know it is guaranteed a sweetheart deal if it moves operations to a TPP nation like Vietnam. This would be an incentive for corporate chieftains to export more of our middle-class jobs.

—Drug prices. Big Pharma would be given more years of monopoly pricing on each of their patents and be empowered to block distribution of cheaper generic drugs. Besides artificially keeping everyone's prices high, this would be a death sentence to many people suffering from cancer, HIV, AIDS, tuberculosis and other treatable diseases in impoverished lands.

—Banksters. Wall Street and the financial giants in other TPP countries would make out like bandits. The deal explicitly prohibits transaction taxes (such as the proposed Robin Hood Tax here) that would shut down speculators who have repeatedly triggered financial crises and economic crashes around the world. It restricts "firewall" reforms that separate consumer banking from risky investment banking. It could roll back reforms that governments adopted to fix the extreme bank-deregulation regimen that caused Wall Street's 2007 crash. And it provides an escape from national rules that would limit the size of "too-big-to-fail" behemoths.

—Internet freedom. Corporations hoping to lock up and monopolize the Internet failed in Congress last year to pass their repressive "Stop Online Piracy Act." However, they've slipped SOPA's most pernicious provisions into TPP. The deal would also transform Internet service providers into a private, Big Brother Public services. TPP rules would limit how governments regulate such public services as utilities, transportation and education -- including restricting policies meant to ensure broad or universal access to those essential needs. One insidious rule says that member countries must open their service sectors to private competitors, which would allow the corporate provider to cherry-pick the profitable customers and sink the public service.

 Lori Wallach, director of Global Trade Watch, correctly calls the Trans-Pacific Partnership "a corporate coup d'etat." Nations that join must conform their laws and rules to TPP's strictures, effectively supplanting U.S. sovereignty and canceling our people's right to be self-governing. Worse, it creates virtually permanent corporate rule over us.

Is it impossible to stop? Nope. There is also a broad, well-organized and politically experienced coalition of grassroots groups, which has stopped other deals and will do it again. We the people can protect our democratic rights from this threat of corporate usurpation. Check out  globaltradewatch.org.

To find out more about Jim Hightower, and read features by other Creators Syndicate writers and cartoonists, visit the Creators Web page at  www.creators.com.
COPYRIGHT 2013  CREATORS.COM

Link to original article from AlterNet

Read 5683 times Last modified on Thursday, 03 October 2013 03:34

Trans Pacific Partnership Fast Track - Where Does Your Legislator Stand

Click your state to see your Senators and Representatives

Green = Most Legislators Oppose Fast Track, Yellow = Some Opposition, Orange = Oppose TPP, Gray = Unknown
DeLauro 13 - Signed 2013 DeLauro/Miller letter
Pocan - Signed Freshman Letter Opposing Fast Track
W/M - Signed Ways and Means Letter opposing TPP
Gibson - Signed Rep. Chris Gibson letter opposing TPP
SOPA - Oppose Stop Online Piracy Act - voted against
Currency - Oppose Currency Manipulation (Signed Michaud Letter)
Textile - Oppose changes to "First Yarn" (Signed Textile Industry Letter)

Published Letters to the Editor

  • Pacific trade pact would do more harm than good: Guest opinion

    If government and big business representatives from 12 countries spend years negotiating a massive new trade bill but don't tell the general public about it, does it still go into effect? Can it still accelerate the flow of American jobs to countries that have abysmal records on human rights and labor rights, countries like Vietnam? Can it still spur a race to the bottom where Americans forfeit their moral, environmental and employment standards for larger trade deficits of cheap imported goods and minimum wage employment at home?

    Written on Thursday, 12 December 2013 00:00 Read more...

Join our Twitter Storm

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Then call and ask them to oppose Fast Track on the Trans Pacific Partnership.

Sample script is below.

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“I'm a constituent, and I am strongly opposed to my representative giving away Congress’ constitutional authority to control our trade policy. We send people to Congress to stand up for us, not give away their power to stop more American job offshoring and protect us from dangerous imported food that doesn’t meet our safety standards. This latest so-called trade deal, the Trans-Pacific Partnership (TPP), would not only do that - but also ban Buy American and increase our medicine prices. That’s why it’s crucial that Congress not give away its authority to make sure every provision of TPP is in our interest before this massive deal can be signed. Good trade deals don’t need to be railroaded through Congress using Fast Track. I hope my representative will commit to opposing this outrageous legislation.”

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Lori Wallach on the TPP from PDA Progressive Roundtable

Progressive Roundtable with Reps. Ellison and Pocan and Lori Wallach on TPP

TPP: The Biggest Threat to the Internet You've Probably Never Heard Of

Flush the TPP

Congress only has one more week in session this year, the week of December 9. So far our pressure to stop the TPP has been working. Visit Flush the TPP for calling scripts and links to Members of the Ways and Means Committee.

Flush the TPP