Thursday, February 28, 2013
The Trans Pacific Partnership (or is it?) [Article]
Most of us won't care about it- yet, the US corporate sponsored TPP (Trans Pacific Partnership) will soon inflict more misery on the world through an intricate, very secretive partnership between countries that is being pushed though their respective parliaments to become law. Essentially, the plan is to skirt domestic laws and courts and privately enforce the
terms of a public treaty by directly challenging governments’ public interest
policies before foreign tribunals to demand unlimited sums of taxpayer
compensation. The premise for including such extreme extra-judicial enforcement
procedures in past agreements has been that the domestic legal systems of
developing country trade partners have not been sufficiently trustworthy. Japan is the latest country getting ready to sign up.