Monday, April 1, 2013

NAFTA-on-Steroids TPP threatens national sovereignty, public ownership



There's a reason negotiators are keeping talks secret over the Trans-Pacific Partnership, or TPP, or NAFTA on Steroids. It's because no one would want it if they knew about it -- except Wall Street plunderers and CEOs of multinational corporations.

The naked capitalist writes that the TPP encourages,
...a market state where the interests of globe-spanning businesses come first. The TPP expands on NAFTA’s extreme investor-state regime that allows foreign companies to directly challenge a government’s derivatives regulation, capital controls, and other financial, health, and environmental policies.
Stay tuned. We'll keep you posted.