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Thread: Obama's EU Trade Deal Would Include New Political Powers For Corporations

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    Obama's EU Trade Deal Would Include New Political Powers For Corporations

    WASHINGTON -- The Obama administration is pursuing a free trade agreement with the European Union that would grant corporations new political power to challenge an array of regulations both at home and abroad, according to an administration official involved in the negotiations.
    If states are unable to pass and enforce laws within their borders, it could change the nature of their community and government, nonprofit groups emphasize. Exactly how broad these corporate political powers will be is undetermined, but one aspect of the agreement, known as "investor-state dispute resolution," would allow a company to appeal a regulatory rule or law to an international court, most likely the World Bank. The international body would be given authority to impose economic sanctions against any country that violated its verdict, including the United States.

    "These provisions elevate corporations to the level of nation states and allow them to sue governments over nearly any law or policy which reduces their future profits," said Ilana Solomon, trade specialist for the Sierra Club, an environmental protection group.
    She said investor-state resolution is "terribly risky for communities, the environment, and our climate."


    Read more @: Obama's EU Trade Deal Would Include New Political Powers For Corporations

    Will kiss goodbye countries sovereignty of their trade policies and laws. If you piss off a country they will just take it to the world bank. This agreement is bull****.


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    Re: Obama's EU Trade Deal Would Include New Political Powers For Corporations

    Quote Originally Posted by TheDemSocialist View Post
    [/COLOR][/FONT]

    Read more @: Obama's EU Trade Deal Would Include New Political Powers For Corporations

    Will kiss goodbye countries sovereignty of their trade policies and laws. If you piss off a country they will just take it to the world bank. This agreement is bull****.
    Corporations shouldn't have a voice in the government and the Government shouldn't have a voice in corporations
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    Re: Obama's EU Trade Deal Would Include New Political Powers For Corporations

    I think corporations should have the right to challenge government regulations. It will prevent tyranny.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Obama's EU Trade Deal Would Include New Political Powers For Corporations

    Quote Originally Posted by TheDemSocialist View Post
    [/COLOR][/FONT]

    Read more @: Obama's EU Trade Deal Would Include New Political Powers For Corporations

    Will kiss goodbye countries sovereignty of their trade policies and laws. If you piss off a country they will just take it to the world bank. This agreement is bull****.
    Why wouldn't they? We've already embedded ourselves in the Corporate State, Corporations enjoy more liberties and perks than many humans, those who run the biggest, wealthiest ones are part of the aristocracy...government LOVES aristocracy. Fascism is the way of things, we march down the road of Big Brother Big Government. To the detriment of our freedom and of our liberty.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

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    Re: Obama's EU Trade Deal Would Include New Political Powers For Corporations

    Quote Originally Posted by apdst View Post
    I think corporations should have the right to challenge government regulations. It will prevent tyranny.
    Yeah, my backyard should totally be able to do that too!
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

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    Re: Obama's EU Trade Deal Would Include New Political Powers For Corporations

    Quote Originally Posted by TheDemSocialist View Post
    [/COLOR][/FONT]

    Read more @: Obama's EU Trade Deal Would Include New Political Powers For Corporations

    Will kiss goodbye countries sovereignty of their trade policies and laws. If you piss off a country they will just take it to the world bank. This agreement is bull****.
    Countries have NOT had control over their trade policies ever since the World Trade Organization.

    WTO | Understanding the WTO - what is the world trade organization?

    There are a number of ways of looking at the WTO. It’s an organization for liberalizing trade. It’s a forum for governments to negotiate trade agreements. It’s a place for them to settle trade disputes. It operates a system of trade rules. (But it’s not Superman, just in case anyone thought it could solve — or cause — all the world’s problems!)

    Above all, it’s a negotiating forum … Essentially, the WTO is a place where member governments go, to try to sort out the trade problems they face with each other. The first step is to talk. The WTO was born out of negotiations, and everything the WTO does is the result of negotiations. The bulk of the WTO's current work comes from the 1986-94 negotiations called the Uruguay Round and earlier negotiations under the General Agreement on Tariffs and Trade (GATT). The WTO is currently the host to new negotiations, under the “Doha Development Agenda” launched in 2001.

    Where countries have faced trade barriers and wanted them lowered, the negotiations have helped to liberalize trade. But the WTO is not just about liberalizing trade, and in some circumstances its rules support maintaining trade barriers — for example to protect consumers or prevent the spread of disease.

    It’s a set of rules … At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations. These documents provide the legal ground-rules for international commerce. They are essentially contracts, binding governments to keep their trade policies within agreed limits. Although negotiated and signed by governments, the goal is to help producers of goods and services, exporters, and importers conduct their business, while allowing governments to meet social and environmental objectives.

    The system’s overriding purpose is to help trade flow as freely as possible — so long as there are no undesirable side-effects — because this is important for economic development and well-being. That partly means removing obstacles. It also means ensuring that individuals, companies and governments know what the trade rules are around the world, and giving them the confidence that there will be no sudden changes of policy. In other words, the rules have to be “transparent” and predictable.

    And it helps to settle disputes … This is a third important side to the WTO’s work. Trade relations often involve conflicting interests. Agreements, including those painstakingly negotiated in the WTO system, often need interpreting. The most harmonious way to settle these differences is through some neutral procedure based on an agreed legal foundation. That is the purpose behind the dispute settlement process written into the WTO agreements.
    World Trade Organization - Wikipedia, the free encyclopedia

    The World Trade Organization (WTO) is an organization that intends to supervise and liberalize international trade. The organization officially commenced on January 1, 1995 under the Marrakech Agreement, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948.[5] The organization deals with regulation of trade between participating countries; it provides a framework for negotiating and formalizing trade agreements, and a dispute resolution process aimed at enforcing participants' adherence to WTO agreements, which are signed by representatives of member governments[6]:fol.9-10 and ratified by their parliaments.[7] Most of the issues that the WTO focuses on derive from previous trade negotiations, especially from the Uruguay Round (1986–1994).
    Alex Carey:

    ... the 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.

    Australian social scientist, quoted by Noam Chomsky in World Orders Old and New

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    Re: Obama's EU Trade Deal Would Include New Political Powers For Corporations

    The EU only allows US Beef and other meat products that have not been treated with growth hormones.

    BBC News - Trade deal eases EU-US beef war over hormones

    European ministers uphold EU ractopamine ban

    The Russians are banning US Meat products due to the use of ractopamine.

    Russia bans US beef, pork imports over ractopamine - 2011 live exports fall 110,000 short of quota - News
    Last edited by Chatter; 04-05-13 at 07:57 AM.

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    Re: Obama's EU Trade Deal Would Include New Political Powers For Corporations

    Quote Originally Posted by TheDemSocialist View Post
    [/COLOR][/FONT]

    Read more @: Obama's EU Trade Deal Would Include New Political Powers For Corporations

    Will kiss goodbye countries sovereignty of their trade policies and laws. If you piss off a country they will just take it to the world bank. This agreement is bull****.
    International Fascists of the world UNITE!!!

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    Re: Obama's EU Trade Deal Would Include New Political Powers For Corporations

    Quote Originally Posted by TheDemSocialist View Post
    [/COLOR][/FONT]

    Read more @: Obama's EU Trade Deal Would Include New Political Powers For Corporations

    Will kiss goodbye countries sovereignty of their trade policies and laws. If you piss off a country they will just take it to the world bank. This agreement is bull****.
    Yeah. No big surprise, really. Things like this are natural, I guess. The ruling class to get even more power. Who would of thought?

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