Tuesday, June 30, 2015

The TPP: Making the Crazy Real

(An old note, from my files.)

A few weeks ago, I had a reminder from last March's New York Times that the Trans-Pacific Partnership allows companies and investors sue governments for loss of expected future profits. Does an environmental or safety regulation cost money? We're sued.

Congratulations, major parties. You've managed to make the Tea Party claims of loss of US sovereignity seem reasonable. Obama and most Senate Democrats are working hard to make them come true. And, no, I won't believe the laws you say will prevent this will do so, unless you show it to me in the text of the treaty…which you won't do.

What a gift to the crazies. What a loss for the Democrats.

NYT Article: "Trans-Pacific Partnership Seen as Door for Foreign Suits Against U.S" by Jonathan Weisman, March 25, 2015.

No comments: