What is the TransPacific Partnership?
The Trans-Pacific Partnership, or TPP, is a massive new investment pact being pushed behind closed doors by the Obama administration.
What we know about the TPP comes from leaked texts, discussions with negotiators from other countries and a handful of public statements and written testimony.
TPP is misleadingly called a trade agreement.But only two of its 26 chapters actually cover trade issues. It is really an expansive system of enforceable global government that the Obama administration is negotiating with eleven Pacific Rim nations: Vietnam, Malaysia, Brunei, Singapore, Japan, Chile, New Zealand, Australia, Canada, Mexico and Peru.
If this agreement is enacted, the TPP will serve two primary purposes:
1. TPP would impose one-size fits-all international rules to which U.S.
federal, state and local law must conform. The pact would subject the
U.S. to the jurisdiction of two systems of foreign tribunals, including
World Bank and United Nations tribunals. These foreign tribunals
would be empowered to order payment of U.S. tax dollars to foreign
firms if U.S. laws undermined the foreign firms new special TPP privileges.
2. TPP would give foreign firms operating here a competitive advantage over American-owned businesses. Foreign businesses operating here would be exempted from financial, environmental and land use regulations that would continue to strangle American businesses.
The TPP is also specifically intended as a docking agreement that other countries including China could join over time, with Thailand, and others already expressing interest.
U.S. negotiators are pushing to complete the TPP this year.
How Will the TPP Affect the Economy?
TPP gives Foreign Companies Unfair Advantage Over American Businesses. TPP would exempt foreign companies from EPA and other onerous regulations that American firms would still be forced to comply with. Under TPP, foreign companies could actually go to an international tribunal and sue American taxpayers for cash awards to compensate them for costs associated with government regulations - something American-owned companies cannot and would not be able to do.
Since the North American Free Trade Agreement (NAFTA) was enacted in 1994, the U.S. Labor Department has certified more than 2.5 million American jobs have been destroyed by either offshore outsourcing or by cheap foreign imports. The Economic Policy Institute estimates the number of jobs lost is actually closer to 3.5 million.
The TPP is expected to accelerate job losses, outsourcing and foreign imports. Vietnam is a communist country where businesses are owned by the government. Privately owned American businesses would have to compete against these state-owned companies under TPP. In addition, Vietnamese workers are often paid only one-third to one-half of what Chinese workers are paid. New Balance, the American athletic shoe maker, says imports from Vietnam under TPP would force it to close its American factories.
The leaked investment chapter of the TPP also includes proposals that would grant foreign banks and other corporations the power to challenge any laws, regulations and even court decisions that they believe violate the pact through for foreign tribunals that would overrule American courts and laws.
How Will the TPP Affect States Rights?
�The agreement undermines the critical checks and balances and freedoms established by the U.S. Constitution, which reserves many rights to the people or state governments. Obama's agreement would obligate the federal government to force U.S. states to conform state laws to 1000 pages of rules, regulations and constraints unrelated to trade from land use to whether foreign firms operating in a state can be required to meet the same laws as domestic firms.
�The U.S. federal government would be required to use all possible means -- including law suits, and cutting off federal funds for states to force states to comply with TPP rules. A foreign tribunal related to the World Trade Organization has already issued a ruling explicitly stating that such tactics must be employed against U.S. states or the U.S. would face indefinite trade sanctions until state laws were brought into compliance.
Leaked documents show that the U.S. trade negotiators are pushing for the TPP to include so-called investor-state provisions that would grant transnational corporations the power to challenge virtually any new environmental or consumer safety law, regulation or court decisions that negatively affects their expectation of profits as a regulatory taking throughout private tribunals that circumvent domestic judicial systems.
How Will the TPP Affect U.S. Sovereignty?
�Obama's TPP deal would empower foreign investors to use foreign tribunals to enforce special privileges only available to them. There are more than 700 establishments from TPP nations now operating in our country that would newly be empowered to skirt our courts, drag the U.S. before UN and World Bank tribunals and raid our Treasury for payment to foreign corporations.
TPP would shift decisions over the payment of U.S. tax dollars away from Congress and outside of the Constitutionally-established Article III federal court system (or even U.S. state system) to the authority of international tribunals. These UN and World Bank tribunals do not apply U.S. law, but rather international law set in the agreement. These international tribunals judge whether foreign investors operating within the U.S. are being provided the proper property rights protections. The standard for property rights protection that is the basis for the award of U.S. tax dollars is not those established by the U.S. Constitution as interpreted by the U.S. Supreme Court, but rather international property rights standards, as interpreted by an international tribunal.
TPP would surrender control of 544 million acres of public land - a
quarter of the entire U.S. land area to international authorities. TPP would subject to the foreign tribunals judgment all contracts between the U.S. federal government and investors from TPP nations including subsidiaries of Chinese firms that obtain mining, logging or other concessions, run a power plant or obtain a government construction contract on U. S. federal lands. They would be able to take their disputes with the U.S. government to the UN and World Bank tribunals while U.S. companies with identical contracts would go before domestic courts. This not only creates an unacceptable double standard, it cedes control of federal lands to international tribunals.
How Will the TPP Affect the Constitution?
The TPP would establish a foreign judicial authority higher than even the U.S. Supreme Court that could overrule federal court rulings.That is unconstitutional.
� Article 1 Section 8 of the U.S. Constitution gives Congress the sole power to regulate commerce with foreign nations. In a legislative move known as fast track or Trade Promotion Authority, Congress will be asked to surrender that power to Obama so he can negotiate the TPP, sign it and enter into it before Congress even sees it. Obama will then tell Congress how long it has to review it, and tell Congress to pass it in an up-or-down vote without any amendments or revisions. This is an un-constitutional power grab by Obama.
How Will the TPP Affect the Internet?
�TPP rewrites the global rules of the Internet to impose restrictive covenants that Congress rejected when it rejected SOPA, PIPA and ACTA.
•The draft chapter of the Trans-Pacific Partnership Agreement insists that Internet Service Providers (ISPs) enforce copyright protection rules. The TPP would require Internet Service Providers to undertake the financial and administrative burdens of becoming copyright cops. Under TPP, Internet Service Providers would be forced to:
Terminate their users Internet access on repeat allegations of copyright infringement.
Filter all Internet communications for material Hollywood says is potentially copyright-infringing.
Block access to websites that allegedly infringe or facilitate copyright infringement.
Disclose the identities of their customers to copyright-holders on an allegation of copyright infringement. This would have a devastating effect on Internet freedom and innovation.
Rep. Darrell Issa says the secrecy surrounding the TPP could have 'serious consequences for the Internet community.
At a time when the American people and Internet users all around the world are rightfully wary of any closed-door negotiations that could adversely impact their ability to freely and openly access the Internet, the Obama Administration continues to pursue a secretive, closed-door negotiating process for the Trans Pacific Partnership.
Jackie Britain
Hope you Guys will be happy with your new United Nations Overlord directing your Trade!
Edited by
Conrad_73
on Sat 06/13/15 03:04 AM