If you thought the Patient Protection and Affordable Care Act was a disaster for consumers, wait until you hear about this. The Trans-Pacific Partnership (TPP) is an agreement already ratified by 4 nations (Brunei, Chile, New Zealand and Singapore) and close to agreed upon by others (to a total of 12 countries), including the United States and Canada. Secrecy and controversy have enveloped these proceedings and few people, myself included until recently, know what it entails.
Essentially it is a corporate rights deal that would eclipse its predecessor, the North American Free Trade Agreement (or NAFTA), dictating restraints upon governments’ ability to regulate multinational corporations. But that’s not all. Where it gets really dicey is in its proposed dictatorial powers. Multinational corporations would have new or further control over such things as:
1. The internet (spying on users and prosecuting and levying a maximum fine of 5 grand for those filthy downloaders who obtain copyrighted material online. For extra fun, corporations would be allowed to save your internet history “temporarily” for their own dubious purposes.
3. The market supposedly would be “freed up” (likely code for more government/corporate collusion which is nothing at all like a free market), “leading to lower prices for consumers.” Right.
4. Price controls.
5. The food supply. Like Monsanto? Think organic food is too expensive? Have fun growing a tomato garden in your back yard without a permit.
6. In a leaked article from the agreement proposal, US corporations active in Canada and elsewhere would have the right to air their grievances (or sue governments) to an international tribunal, which would have the power to override any existing or new Canadian or American legislation.
7. The entire regulatory mechanism of individual nations would be subject to an international body run by multinationals. If you like corporate personhood, this should make you wet yourself.
8. Corporations would only have to release their profits for the purposes of taxation every 4 years.
9. If a government discovers that a corporation’s activities or products were poisoning the public, they wouldn’t have the authority to stop it, and if they tried, that business could sue the government for compensation and legal fees which would fall upon the taxpayer.
If you thought global governance was merely speculation or conspiracy theory, you haven’t been paying attention, particularly to these developments. The media won’t tell you the truth about what is happening, so you will have to do your own homework. I have endeavoured to outline the information that I can, but unless we become an informed populace, we will be an enslaved populace to the Wolves of Wall Street.