Big overseas companies would be able to sue the Australian government for millions in damages in secretive offshore tribunals, claiming that new laws and regulations (for example, a ban on fracking or smoking control laws) have seriously undermined the value of their investments.
. TPP death pool: more pharmaceutical destruction is coming. By Jon Rappoport (To read about Jon’s mega-collection, Power Outside The Matrix, click here.) “After any agreement is achieved between high-level criminals, there are two basic phases.
First, conflicts arise, and the settlements are crude and sometimes painful. Second, the criminal parties realize, like the ‘gentlemen’ they are, that the jackpot they are sharing is big enough for everyone. Question: “Who said that drug was safe? Answer: “We all said it was safe. This “trade treaty,” the TPP, will, if passed, eventually morph into a close-knit international collective of government agencies that collaborate on medical-drug “safety.” Translation: the US FDA and Health Canada, and the Australian TGA, and the New Zealand MEDSAFE, and the medical regulatory agencies of Singapore, Vietnam, Brunei, Chile, Japan, Malaysia, Mexico, and Peru will: declare dangerous drugs to be safe. Now you’re talking about real power. They have workable relationships with the press. “Too bad.
Case in point. “Sen. TPP vs. Democracy: Leaked Draft of Secretive Trade Deal Spells Out Plan for Corporate Power Grab. Newly leaked classified documents show that the secretive Trans-Pacific Partnership deal, if it goes through as written, will dramatically expand the power of corporations to use closed-door tribunals to challenge—and supersede—domestic laws, including environmental, labor, and public health, and other protections. The tribunals, made infamous under NAFTA, were exposed in the "Investment Chapter" from the TPP negotiations, which was released to the public by WikiLeaks on Wednesday. "The TPP has developed in secret an unaccountable supranational court for multinationals to sue states," said Julian Assange, WikiLeaks editor. "This system is a challenge to parliamentary and judicial sovereignty. Similar tribunals have already been shown to chill the adoption of sane environmental protection, public health and public transport policies.
" The language included in this draft is even worse than previously thought, because it excludes a minor safeguard included in a version leaked in 2012. Obscure TPP Provision Will Lead to Corporations Replacing Nations As the Rulers of the Planet. Even a Democrat “gets it”! An obscure Trans Pacific Partnership provision will serve to threaten the very existence of the nation state and replace governmental authority with the power and the whim of the corporation. This secretive provision promises to supplant all national authority with a “Rollerball” type of world. If you are not familiar, Rollerball was a very popular movie which debuted in 1975 and it depicted the planet as being ruled by six corporations in the place of national governments. Rollerball 1975 The corporate elite, six corporations, which are ruling the planet, meet in secret as they make plans to further subjugate humanity in the movie Rollerball.
The movie was set 43 years into the future from the time of the release of the movie, in the year 2018, in which a total of six corporations have replaced government as the ruling authority following the demise of the nation state. Rollerball, much more popular than today’s NFL. Rollerball Superstar, Jonathan E. Conclusion. Profiting from Injustice: challenging the investment arbitration industry. Corporations have been granted the exclusive right to sue states (states cannot sue corporations) at secretive international tribunals for action deemed to unfairly affect investors' profits.
While worldwide attention was centred recently on the World Economic Forum in Davos, the concurrent biannual Summit of the Heads of State from Latin America, the Caribbean, and the European Union went almost unnoticed. Yet, the CELAC-EU Summit, which took place in Chile 26-27 January, deserves attention for a controversy that erupted around investment issues, notably the proposed EU wording for the final declaration in support of providing foreign investors legal certainty. What the EU meant by this was the need to protect investors with international investment agreements.
Several Latin American countries contested this premise. Litigation gold rush And these are only a few examples. The arbitration industry Greece again. Trade & Investment | Profiting from injustice. Download Executive summary in English, German, Dutch, French, Spanish The last two decades have witnessed the silent rise of a powerful international investment regime that has ensnared hundreds of countries and put corporate profit before human rights and the environment.
International investment treaties are agreements made between states that determine the rights of investors in each other’s territories. They are used by powerful companies to sue governments if policy changes – even ones to protect public health or the environment – are deemed to affect their profits. By the end of 2011, over 3,000 international investment treaties had been signed, leading to a surge in legal claims at international arbitration tribunals.
The costs of these legal actions weigh on governments in the form of large legal bills, weakening of social and environmental regulation and increased tax burdens for people, often in countries with critical social and economic needs. Key findings: Secret TPP treaty IP Chapter: Advanced text with negotiation positions for all 12 nations. English | Spanish Today, 13 November 2013, WikiLeaks released the secret negotiated draft text for the entire TPP (Trans-Pacific Partnership) Intellectual Property Rights Chapter. The TPP is the largest-ever economic treaty, encompassing nations representing more than 40 per cent of the world’s GDP. The WikiLeaks release of the text comes ahead of the decisive TPP Chief Negotiators summit in Salt Lake City, Utah, on 19-24 November 2013. The chapter published by WikiLeaks is perhaps the most controversial chapter of the TPP due to its wide-ranging effects on medicines, publishers, internet services, civil liberties and biological patents.
Significantly, the released text includes the negotiation positions and disagreements between all 12 prospective member states. The TPP is the forerunner to the equally secret US-EU pact TTIP (Transatlantic Trade and Investment Partnership), for which President Obama initiated US-EU negotiations in January 2013. Secret-TPP-treaty-IP-chapter.pdf. INTELLECTUAL PROPERTY RIGHTS CHAPTER. Stop the Trans-Pacific Partnership. TPP Exposed. TPP secretly trading away rights. What CHOICE wants It is not too late to release the drafts of the TPP so that they can be debated in civil society and so the TPP can be made fairer for consumers. The leak of the IP chapter of the TPP by WikiLeaks indicates that there are many sections of the TPP upon which the 12 parties don’t agree, so the agreement is not finalised.
CHOICE is currently campaigning against the secrecy surrounding the TPP. We have now lodged our petition, signed by over 14,000 Australians, calling on the government to release the contents of the TPP. We believe such an important and binding trade agreement must be open for public scrutiny and oversight. The signed petition has been presented to the government to send the message that Australian consumers deserve to have a say on the TPP. And our campaign doesn't stop there. Why haven’t you heard more about it? The kicker? “Australian consumers have been betrayed,” says Dr Matthew Rimmer, Associate Professor at the ANU College of Law. Before Monsanto uncorks the champagne. Global Corporations Are Scheming to Take Control of Our Economy — We Can Put a Stop to It. Photo Credit: arindambanerjee/Shutterstock.com April 12, 2014 | Like this article? Join our email list: Stay up to date with the latest headlines via email.
The broad movement for fair trade has stalled the Trans-Pacific Partnership (TPP). Congressional leadership including Democratic Leader Nancy Pelosi (D-CA), Democratic Whip Steny Hoyer (D-MD) and Majority Leader Harry Reid (D-NV) all announced that they opposed the Baucus-Camp version of fast track. But, we knew that efforts to rig global trade in the favor of trans-national corporations would not stop there. The new chairman of the Finance Committee, Senator Ron Wyden (D-OR), made a speech this week announcing that he was working to introduce a new version of trade promotion authority that he is propagandistically calling “smart-track,” but which sounds more like fast track in sheep’s clothing.
What is Wyden Saying? The TPP is the economic part of the Asian pivot that will encircle China militarily, as well as economically. Investor-State Dispute Settlement (ISDS) | TPP Australia. One of many causes for concern around the TPP is that it would give overseas companies special guarantees and the power to sue the Australia government offshore for over new policies and laws in what is called Investor-State Dispute Settlement (“ISDS”). As lawyers from the academy, bench and bar, legislature, public service, business and other legal communities in Asia and the Pacific Rim, we are writing to raise concerns about the Investment and Investor-State dispute arbitration provisions being considered in the on-going negotiations for a Trans-Pacific Partnership (TPP) agreement.- Over 100 prominent members of the legal community ask for ISDS to be left out of the TPP in this open letter.
The implications? …the prospect of ‘regulatory chill’ as a risk brought about by ISDS, not just for developing countries seeking to improve their standards of regulation, but also developed countries. Putting corporate rights above Australia’s democracy Disadvantaging our local businesses.