Thursday, July 4, 2013

Like We Said...Always Worse

Last month, in "Please Don't Notice the Global Corporate Coup", we discussed how the Obama Administration has quietly sought "fast track authority" to secretly negotiate and ram through Congress the Trans-Pacific Partnership (TPP) --- a NAFTA-like "free trade" agreement that not only reportedly threatens our national sovereignty, but aspires to supplant the sovereignty of all participating nation-states with a privately-controlled, all encompassing, global corporate "investor state," according to leaked pieces of the agreement.

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"The TPP is nicknamed 'NAFTA on steroids.'", Rep. Alan Grayson (D-FL) wrote in a recent email to supporters, explaining what he saw after being allowed to review some of the text of the new, extremely broad, and very classified trade agreement being hammered out behind close doors.

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Grayson reportedly told an audience recently that he was allowed to "see exactly one document in his office in early June with the provision that no one on his staff can be there and that he can’t take any notes and he only has a limited time in which to view the document."

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"There is no national security purpose in keeping this text secret...This agreement hands the sovereignty of our country over to corporate interests"...

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His email suggests just how far down the secrecy rabbit hole our nation has traveled.

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The "investor state", in this case, references the treaty's creation of arbitration tribunals which are granted the power to negate the effectiveness of laws passed by the individual nation-states that are parties to the treaty. Under the guise of so-called "free trade agreements," multinational corporations are allowed to by-pass the legislative process and democratic accountability in the nations that sign onto the TPP.

  Brad Friedman

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