Sunday, May 08, 2016

The Transatlantic Trade 
Investment Partnership (TTIP):
Corporate Statism In The Global Economy
“These so-called ‘free trade agreements’ are not trade agreements. The purpose of the ‘partnerships,’ which were drafted by global corporations, is to make corporations immune to the laws of sovereign countries in which they do business. Any country’s sovereign law whether social, environmental, food safety, labor protections—any law or regulation—that impacts a corporation’s profits is labeled a ‘restraint on trade.’ The ‘partnerships’ permit corporations to file a suit that overturns the law or regulation and also awards the corporation damages paid by the government of the country that tried to protect its environment or the safety of its food and workers. The lawsuit is not heard in the courts of the country or in any court. It is heard in a corporate tribunal in which corporations serve as judge, jury, and prosecutor .. In other words, the ‘partnerships’ give global corporations the power to overturn democratic outcomes All of the blather about free trade and tariff reduction is mere cover for the only purpose of TTIP, which is to establish American economic imperialism over the peoples whose governments sold them out for money.” 
– Dr. Paul Craig Roberts, Former Assistant Secretary to the U.S. Treasury
link here to the essay

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