Share on Google Plus 1 Share on Twitter 1 Share on Facebook 1 Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend (3 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   1 comment
OpEdNews Op Eds

Liquid Plutonium destined for your kid's Capt. Crunch, courtesy of NAFTA/TPP/ISDS?

By       Message Jeanine Molloff     Permalink
      (Page 1 of 10 pages)
Related Topic(s): ; ; ; ; ; ; ; , Add Tags Add to My Group(s)

Must Read 1   Well Said 1   Valuable 1  
View Ratings | Rate It

opednews.com Headlined to H3 5/23/15


TPP Trade Deal
(Image by font by James Fordyce)
  Permission   Details   DMCA
br />

..."It wouldn't matter if a substance was liquid plutonium destined for a child's breakfast cereal. If the government bans a product and a US based company loses profits, the company can claim damages under NAFTA."

(Source : http://www.huffingtonpost.com/2015/05/14/trade-deal-food-safety- n7287622.html )

This bone chilling response came from a corporate attorney working for the Ethyl Corporation, during a 1997 NAFTA challenge against the Canadian government. Canada had outlawed the gasoline additive MMT over possible health concerns. Ethyl was the U.S. corporation that produced the gasoline additive MMT which had been banned in Canada. Ethyl corporation brought its objections to the international arbitration panel under the Investor-State Dispute Settlement system, aka ISDS; to claim damages for lost profits, under NAFTA. Ethyl argued that the law banning this additive was ...'tantamount to expropriation.' (Source : http://www.huffingtonpost.com/2015/05/14/trade-deal-food-safety-_n_7287622.html )


Under NAFTA--Ethyl won and consumers lost. The Canadian government had to transfer 13 million from taxpayers-- to Ethyl. The Canadian people's right to self-govern was nullified by this corporate pseudo-legal theft. Concerns over possible health damage or even the right of self-governance were sacrificed to the gods of corporate profits. Subsequently the callous arrogance of the 'liquid plutonium in Junior's Captain Crunch' commentary, merely matched the arrogance of this new class of 'corporate royalists'--namely the arbitrators of the Investor-State Dispute Settlement industry, aka--ISDS.


ISDS--the core weapon of mass destruction in BIT's/MIT's/IIT's, including TPP/TTIP...


The Investor-State Dispute Settlement contrivance (or ISDS), is the political 'wet-dream' of the 'judicial-industrial complex.' A Goliath by legal standards; ISDS is the extra-judicial glue which holds together a new, more lethal form of corporate feudalism. Corporations and corporate legal firms win, and the rest of us lose, as armies of 'arbitration' attorneys and appointed arbitrators create 'get out of jail free' cards for corporate criminals--wholesale.


What is ISDS?


ISDS or international investor arbitration is an alleged mediation tool between party signatories of any IIT. It was created by the granddaddy of all IIT's--namely NAFTA, under Bill Clinton. Chapter 11 of NAFTA empowers ISDS as the instrument to provide foreign investors standing for ..."legal certainty." (Source : http://www.state.gov/s/l/c3439.htm ) Foreign investors, (read foreign corporations), demanded an end-run around the legitimate 'rule of law', in what they perceived as unstable nations. Apparently, democracies are considered 'unstable.'


Next Page  1  |  2  |  3  |  4  |  5  |  6  |  7  |  8  |  9  |  10

 

- Advertisement -

Must Read 1   Well Said 1   Valuable 1  
View Ratings | Rate It

Working as an urban educator for over 25 years--I 'moonlight' as a writer. I write part-time for The Huffington Post and enjoy the task of curmudgeon,(at least where career politicians are concerned). I consider myself a political independent who (more...)
 

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon



Go To Commenting
/* The Petition Site */
The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Rep. Conyers: Obama Demanded Social Security Cuts--Not GOP

H.R. 347 The 'Trespass Bill' of 2011 Criminalizes Protest

Koch Industries, Keystone XL Tar Sands Pipeline...BP on the Prairie?

Indie Film 'The Last War Crime' Debuts at Cannes--but Censored in US

Lies Linking Social Security to the National Debt

Giffords' Shooting, Tea Party Hate Speech and Mainstream GOP