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rudatron posted:Everything that's leaked about TTP has shown it to be a massive overreach of corporate power - nations basically cede some of their own sovereignty to corporate interests. In particular, the ISDS would allow corporations to bypass courts and get massive payouts with any legislation they don't like, in special tribunals stacked with people they want. The fact that the administration is so desperate to keep it secret probably means that true, so in a just world everyone supporting it would be charged with treason. Companies really love stuff like this given all the horrible environmental and labor crimes they got away with overseas like Bhopal disaster. On the flip side it would allow foreign companies to go after the US side law for things such as regulating drug costs. The fact that Obama seems to desperate to fast track the bill and keepings on whining about all the great jobs it will create is all you need to know about it.
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Jun 13, 2015 16:16
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Kyrie eleison posted:I imagine that passing the bill is probably better, for my stocks. Yeah things like free trade provide a huge benefit for a corporation but not much benefit for local workers. It also screws people over on both sides, US jobs go overseas while Mexican farmers have a hard time competing against the cheaper US corn.
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Jun 13, 2015 19:11
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ohgodwhat posted:I thought the TPP was about normalizing the international IP regime, not free trade? well the biggest stickler for the whole concept is how it will move fights over IP and other local laws to a WTO style international tribunal system.
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Jun 14, 2015 19:00
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Jonah Galtberg posted:hahahahahahaha Kalman should get a job lobbying for the TPP, he seems to get why it's a good idea.
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Jun 14, 2015 22:59
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