Here’s another take on the TTIP, from Paul Craig Roberts at paulcraigroberts.org:
Greenpeace has done that part of the world whose representatives are so corrupt or so stupid as to sign on to the Trans-Pacific and Trans-Atlantic “partnerships” a great service. Greenpeace secured and leaked the secret TTIP documents that Washington and global corporations are pushing on Europe. The official documents prove that my description of these “partnerships” when they first appeared in the news is totally correct.
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 taxpayers of the country that tried to protect its environment or the safety of its food and workers.
The law suit 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. Allegedly, Europe consists of democracies. Democracies pass laws protecting the environment and the safety of food and labor, but these laws democratically enacted reduce profits. Anything less than a sweatshop, with starvation wages, no environmental protection, no safety legislation for food or worker, can be overturned at will by global corporations under the terms of the “partnerships.”
Only a traitor, a well paid one, could sign such a pact.
In my opinion, corporate taxation can also be overturned as it obviously reduces profits.
The Trans-Atlantic and Trans-Pacific “partnerships” have been conducted in secrecy. The reason is obvious. Had people known how they were being sold out, there would have been a firestorm of protest. The corporate shills and their propagandists in the financial media could deny my revelations, because I had no official documents to release.
The “partnership” agreements are treaties. Under the US Constitution, treaties are the prerogative of Congress, not the prerogative of an executive branch appointed Trade Representative who represents not the people but the corporations seeking the advantage. To avoid the US Constitution, the agreements are defined as non-treaties. You see how the groundwork for corruption is established.
The way it works is that the appointed US Trade Representative “negotiates” with appointed trade representatives of other countries. Any resistance to the deal is overcome with bribes and intimidation. All of the negotiation is conducted in secrecy. When the trade representatives sign on to the deal, it is presented to the legislatures of the countries. The legislators are told that they must approve the pact and not endanger all the hard work that has gone on for so long and that is in everybody’s interest as attested to by all of the bribed and coerced trade representatives.
These “trade pacts” originate in the US, because American global corporations and the American mega-banks are the largest players in the world economy, and the agreements that the corporations walk through the process give the American companies economic hegemony over the countries that sign the agreements. The Trans-Atlantic and Trans-Pacific “partnerships” are tools of US financial imperialism.
To continue reading: TTIP—American Economic Imperialism