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Trans Pacific Partnership stalls in US House of Reps : Comments
By Jonathan J. Ariel, published 17/6/2015Working Americans both unionised and not, feared that whatever the overall benefits to the economy, the looming deal would hasten the economy wide extinction of good paying jobs.
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But it's hard to tell with their media's laryngitis on this issue."
Exactly. Why for example offer some members of parliament the opportunity to view the draft agreement, but no notes, no copies, and not allowed to speak about it for four years. If it was such a good deal, why the secrecy?
The answer is very obvious and was spelt out by Obama in two recent speeches. He wants America to write the rules while it still can; i.e. before rising Chinese power takes away the last vestiges of American power.
Only 5 of the 29 chapters are about trade. The rest write new rules for the benefit of US corporations. The most insidious is the ISDR provisions that will set up a mechanism under which secret tribunals will be able to overrule national legislation, with no right of review or appeal.
This is a fundamentally undemocratic proposal and Australia should have nothing to do with it.