|
Fojar38 posted:Hmm I wonder what D&D's position on free trade is. TLDR Summary of TPP: The bad(est) parts: - There is no such thing as a dark net or annon. internet. All data communications from EU to Indonesia, which comprise about 80% of global traffic will be under US DCMA law. All traffic must be monitored and controlled. So for the most autistic gamers, you can kiss goodbye shadow servers, shards and most importantly, all forms of grey market software (yes that includes steam sales using Polish vendors). - Everyone must now be identified on the internet. Everyone will be held libel for their actions on the internet. So yes, little D&D goon, I could literally sue you for 40 million dollars for every time someone gets butthurt on my posting. Sounds fun, right ? - Drug costs will be marked to US insurance. You want to make a generic under UN trade law to cure Hepatitis C? You cant afford the insurance claims to buy Gilead's wonder cure for Hep? Tough poo poo. They have a global patent for 30 years. And they get to select which generic druggist will make it for them. Think OPEC, and how Saudi Sheiks set the price for crude, and laughed to the bank? Now for all drugs. - Tax harmonization. Do you feel smug that your not paying 40% tax being an ex-pat of an EU Country? gently caress you. You are now paying, or remitting income. - Capital markets actions. Do you have that dream of building a company someday in a country not the USA? Do you want to make the next buzzfeed ? or snapchat, for your own little market ? Want to make a dick mod for Skyrim ? gently caress you. Pay a royalty to the original content creator who registered in the USA. Does a patent troll hold the idea as a portfolio and has done dick all with Dicks for Skyrim for 5 years ? gently caress you. Pay that lawyer you filthy nerd. - Labor laws. Did your company open a plant, or operate a manufacturing center with an offshore conduit? Too bad, if the labor laws give any advantage to foreign workers, you must default to US standards & currency adjusted wages. So much for your automotive jobs Poland, or England. Murica. Also, collective actions are now nigh impossible to perform. - Whistleblowing must comply to USA standards of disclosure. Edward Snowden's will no longer be legal, and will be hunted by our best, overpaid agents until they are arrested and then humiliated. Ditto for Wikileaks or anyone who facilitates an 'illegal' whistleblower. - Corporations and entities can file for libel, and shut down anything which they can prove damages their 'goodwill' or 'brand'. Do you like your annon. blogs or your edgy articles ? If someone has a problem with what you wrote, a country is required by TPP to ban it. Think the European Union's "google act", but for everything. I could have Hal_2005 wiped off the internet, for the princely sum of 3 million bux, and all mentions of SomethingAwful carry a 10 million dollar legal fine under the TPP. Sounds fun, right ? Ask China how fun this is. The good: - Intellectual property theft, particularly in China is now illegal. Period. Half of China is projected to turn into a cesspit of Hello Kitty dildo warehouses and factor riots. If you have ever had to wade into China to fish out something they stole of yours, this is the most amazing thing since Kissinger beat Mao at chess. - Bribery, including such tax shell games as Russia's bid for the Olympics or all of Petrobras/Sinopec's business practices will be banned. - Illegal accounting, or accounting which does not comply to NAFTA/GAPP standards is banned. Shitholes like Huanhui Solar or Sunshine Property holdings will be finally dead. Sadly, this also means companies who rely on subsidization to survive will need to comply to USA laws. - Dirty oil now carries a tax. If you have a job in the energy industry in California, Russia, the MENA, or enjoy gasoline below 7/gallon. Suck it up and enjoy the man luve. If you are involved in the coal, start thinking of how to pivot into nuclear energy. Solar & Wind will laugh to the bank, like a throbbing horny Elon Musk. - In line with tax harmonization, taxation, including on digital content is now done upstream. Did you get mad that Schorky didn't get his fair share of profits ? Now he will. Legal copyrights for every meme will generate trillions of IP fees. - Illegal export dumping or environment waste arbitrage. Do you like your iPhones, but get upset that HTC and Xiaomei don't need to pay for environment cleanup like Intel and Qualcomm ? Good. This is very good, unless you are working in Guandong or Jakarta. - Global disclosure of tax donations, tax grants and government donations. Ever wonder who funds your local government? Now you will get a breakdown. Thousands of protestors will find new reasons to make university campus politics fun. - Trade walls are illegal. Do you want to sell your Esty ironic tee-shirt to Indian hipsters? Most excellent, because Indian merchants will be obligated to consider your product alongside UnderArmor and Puma's ironic knockoff of your ironic shirt, ironically. - Harmonized shipping schedules and ragtime laws. Are you mad how the USA has no more shipping industry, or shipping flag carriers ? Good news for all you old shipbuilders. If you are still alive and not Catamaran or Larry Ellison. - Marketing and product ethics. Ever wonder if Coke is actually Coke in Indonesia? or butter is really butter in Japan ? Wonder no more. Everything adheres to American product standards, for better and GMO worse. - Corporate governance must adhere to USA FATCA standards. This makes me so loving hard. The only thing that is saving Nintendo, Sony, Samsung and a whole heap of lovely Asian family pork projects is government lethargy and corporate crossholdings. Think 1980 style go-go activism. On a global scale. Deal and carve-out mania. - 24/7 markets. The biggest problem for listing or raising capital is that when people are sleeping, they tend not to be interested in giving you money. TPP basically makes everyone compliant with a USA corporate shell and thus, everyone is now basically a USA company. Corporate lawyers everywhere will lose their poo poo, but if you badly want to buy an Indonesian coal company held by the Bakrie family, now is your opportunity. This is a really good thing, as it makes equity and bonds as liquid as FX. - Mandatory currency and capital reserves. Is your pet project at the World Bank currently trapped in financial limbo ? All because the USA refuses to give more money to a third world shithole? Thats illegal now. The rest of the world thanks you America for finally paying your post-WWII debts. USA banks will also now have to operate on the same leverage and margin rates as Canadian and French banks. Great for banks, since that implies about 40% more gearing, and profits per share. Who wins: - If you have an established IP or want to build a company in the next 30 years without having it all ripped off by India/China/Africa. - If you are bitter that your job was outsourced to a non-OECD sweatshop - If you are butthurt that capital is stuck in large "to big to fail" institutions - If you are bitter at taxation, and are a fan of "the buffet rule" Who loses: - Foreign companies who were built to steal or knockoff USA tech, particularly drug and software companies. - Outsourcing vendors - Russia & China. Just those two. gently caress them. - Unions. Pretty much any sort of hippie 'workers paradise' will get assfucked and then thrown in a shallow Las Vegas "casino" style grave. - Independent taxation or monetary policy (foreign exchange operations). - The grey and black market global economy; except hard drugs and prostitution. https://www.eff.org/deeplinks/2013/11/tpp-leak-confirms-worst-us-negotiators-still-trying-trade-away-internet-freedoms http://www.theguardian.com/commentisfree/2013/nov/13/trans-pacific-paternership-intellectual-property
|
#
¿
Jun 13, 2015 04:10
|
|
|
|
| # ¿ May 16, 2024 23:48 |
|
|
Caros posted:Because gently caress you, that's why. Thats pretty much the ghist of it. Drug R&D is a crapshoot at the best of times and makes oil and gas exploration look like a risk free adventure. On average only 18% of all chemicals throw in a mixer ever actually work, and only 5% of those chemicals ever make it to market. And of those 5%, only 50% of them get to be profitable. So all in? you are looking at less than a 3% chance of making a profit on a random drug compound. For context? You would fire a geologist who came to you with a prospect that had a less than 30% chance of success (and 15% chance of commercial success). Which is why Biotech is such a go-go industry, if you luck out, you can get a company like Celgene, ISIS, Biogen, Amgen or Gilead. However inorder to get that wonder drug to market you nearly need 70% failures to find that 1 drug which will make the company. Thats alot of cash. Treatment programs are even worse. Unlike an oil well, or even a computer chip its very hard to patent or create a IP lock on a drug. Anyone can go pull the research articles or just take the drug itself and reverse engineer it. And without that R&D leadup, its stupidly lucrative. You can find find Harvoni for US$24,000.00 a dose. or you can find it on Alibaba with 1 precursor step for US$30.00 illegally. Just like pirated software, do you think any company or uninsured person would bother with the 24,000.00 injection which is designed to recoup investment on all that R&D when they can get it from a Indian/Chinese grey market website for 30 bux? Hell no. Look at what pirate bay did to Windows. They went from a 80% margin business of windows products, and because of China, Windows 10 was given away for free. Selecting the drug generic manufacturing agent is critical to this process because if you get a proper vendor, then they will pay for the 'blueprint' and enable the original investor a revenue stream in return for the proper "technique" to manufacture it. This is what Teva and their ilk do. And what many grey vendors in India and China do not. And since China has refused to adhere to proper profit sharing rules enjoyed by OECD trade rules, TPP will just isolate them and their grey market goods from future trade. This was also one of the major reasons for Obamacare, to nationalize the cost of drug research as a growth industry going forward. Since drug and infotainment industries suffer from a very big tragedy of the commons in current trade regulation (there is no way to enforce it). And yes, the bill is technically treason. Because its impossible to cede any power of your domestic economy to another, which is pretty much what TPP is doing. Everyone must give the USA the control for US authorities to go on foreign soil, to arrest or control US goods. The alternative is the USA will never deal with you fairly going forward. Hal_2005 fucked around with this message at 09:20 on Jun 13, 2015 |
|
#
¿
Jun 13, 2015 09:17
|
|
|
Seriously good thread. All I got to bring to the chat tonight is Jeff Immelt and Charlie Rose. Which is on par with bringing 10 year old boxed red wine. Sorry http://charlierose.com/watch/60576659 Not sure if Jeff brings any fresh insight but he tries to argue the pro-TPP at his paygrade. http://www.reuters.com/article/2015/05/19/us-general-electric-exim-exclusive-idUSKBN0O42ER20150519 Direct all threadnaughts and hate to NBC.
|
|
#
¿
Jun 17, 2015 08:46
|
|
|
McDowell posted:They violated their mandate by bailing out other national banks. The global oligarchy is completely rotten and there is nothing rational about the financial system. There should be debt jubilees for regular people. They've actually violated it 3 times since 2008, but 90% of Americans of voting age honestly were polled to think the Federal Reserve managed the nations wildlife, so let Trump win & the Fed keep acting as an World Bank SDR. 90% of people don't care, and 99% of people are just happy 4Chan still lets them post while not working double shifts at McDonalds.
|
|
#
¿
Oct 6, 2015 04:17
|
|