TPP: Unconstitutional tribunal for .01% oligarchs to dictate what is ‘fair trade’
“The corporations have bribed the political leaders in every country to sign away their sovereignty and the general welfare of their people to private corporations. Corporations have paid US senators large sums for transferring Congress’ law-making powers to corporations.” – Dr. Paul Craig Roberts, former Assistant Secretary to US Treasury, former editor of the Wall Street Journal
Trans-Pacific-Partnership (TPP) is “secret national security legislation” that President Obama and both parties’ “leaderships” refuse to disclose to the American public, and only visible from WikiLeaks. President Obama attempted “fast track” dictatorial power for Congress to vote for TPP without access to full text or public consideration. “Fast track” violates the US Constitution’s requirement for the Senate to ratify all treaties with 2/3 vote by claiming that 50% is somehow the same (a tie is broken by the VP, so 50% is enough). President Clinton’s justification of “fast track” is here.
TPP is Emperor’s New Clothes’ unconstitutional because it allows a foreign three-person tribunal chosen by the same .01% oligarch powers that created TPP to have power to tax Americans billions of our dollars for claimed “damages” of corporations. These three persons appointed by TPP interests would have dictatorial power to protect corporate claimed “future profits.” From Ellen Brown:
“To date, the highest ISDS award has been for $2.3 billion to Occidental Oil Company against the government of Ecuador over its termination of an oil-concession contract, this although the termination was apparently legal. Still in arbitration is a demand by Vattenfall, a Swedish utility that operates two nuclear plants in Germany, for compensation of €3.7 billion ($4.7 billion) under the ISDS clause of a treaty on energy investments, after the German government decided to shut down its nuclear power industry following the Fukushima disaster in Japan in 2011.”
…click on the above link to read the rest of the article…
