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 2 (5 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   4 comments
OpEdNews Op Eds

I'm Not Making This Up: Corporations Use Trade Deals To Attack U.S. Law

By   Follow Me on Twitter     Message Dave Johnson     Permalink
      (Page 1 of 2 pages)
Related Topic(s): ; , Add Tags Add to My Group(s)

Must Read 2   Well Said 1   Supported 1  
View Ratings | Rate It

opednews.com Headlined to H3 5/16/15

Author 4387
Become a Fan
  (12 fans)
- Advertisement -

Reprinted from Campaign For America's Future

From twitter.com/CubaMexPrensa/status/599237273390047232/photo/1: President Obama
President Obama
(Image by Twitter User CubaMexPrensa)
  Permission   Details   DMCA
- Advertisement -

President Obama says progressives who warn that trade laws let corporations overrule U.S. law are "making this stuff up." Two attacks on U.S. laws and regulations are underway right now, illustrating how the "corporate courts" provisions in the Trans-Pacific Partnership (TPP) would open our country up to attacks from foreign corporations.

"They're making this stuff up."

Sen. Elizabeth Warren, legal scholars and others have been sounding the alarm about the Investor-State Dispute Settlement (ISDS) provisions that have leaked to the public from the secret TPP negotiations. They are warning that the ISDS provisions, as the New York Times put it, "would allow foreign corporations to sue the United States government for actions that undermine their investment 'expectations' and hurt their business, according to a classified document."

- Advertisement -

President Obama says Warren and these others are being "dishonest." In his speech at Nike the other day the president said, "Critics warn that parts of this deal would undermine American regulation -- food safety, worker safety, even financial regulations. They're making this stuff up. This is just not true. No trade agreement is going to force us to change our laws. This agreement would make sure our companies aren't discriminated against in other countries."

Country Of Origin Labeling

But there are already disputes in trade tribunals that could result in U.S. laws being changed.

Country-of-origin (COOL) laws requiring that meat and pork (and fish and chicken) be labeled with their country of origin have been challenged by meat and pork corporations in Mexico and Canada. U.S. consumers want to know where their products come from. Apparently, letting consumers have information about the origin of the products they buy could cause them to make choices that hurt the profits of certain non-U.S. companies. So they want to make that against trade rules.

These companies took their complaint to the World Trade Organization, and WTO ruled against the United States.

Canada and Mexico can put retaliatory tariffs on U.S. imports, including pork and beef, if the U.S. does not change its laws.

This is similar to the ban on putting "dolphin-safe" on the label of canned tuna because giant Mexican corporations causes U.S. consumers not to buy their not-dolphin-safe tuna. April's post, Tuna Case Shows Everything You Need To Know About "Trade" Agreements, explained:

- Advertisement -

"The World Trade Organization ruled this week that the United States is not being fair to Mexican seafood companies by denying 'dolphin safe' labels on their tuna, meaning that American citizens won't know whether they are buying tuna that is caught in a way that we deem would protect dolphins.

"Let that sink in. A foreign trade court has prohibited the United States from letting citizens know what is or is not in a product. This non-U.S. "court" is nullifying our federal Dolphin Protection Consumer Information Act."

Let that sink in.

Canada Claims Volcker Rule Violates NAFTA

Canada says our financial reform laws violate our trade agreements. The "Volcker Rule" prohibits the giant banks from certain kinds of risky "proprietary" speculation that could hurt their customers and ultimately taxpayers. This is keeping some of the big banks from speculating in certain Canadian debt.

Next Page  1  |  2

 

- Advertisement -

Must Read 2   Well Said 1   Supported 1  
View Ratings | Rate It

Dave has more than 20 years of technology industry experience. His earlier career included technical positions, including video game design at Atari and Imagic. He was a pioneer in design and development of productivity and educational (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.

Follow Me on Twitter

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
- Advertisement -

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

Three Charts To Email To Your Right-Wing Brother-In-Law

Upcoming Trans-Pacific Partnership Looks Like Corporate Takeover

Actually, "the Rich" Don't "Create Jobs," We Do

Now We Know Why Huge TPP Trade Deal Is Kept Secret From The Public

Does Clinton Really Oppose TPP? There Is A Test For That

Will TPP Kill The Post Office?