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The Forum > General Discussion > TPP why is it good for Australia

TPP why is it good for Australia

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Malcolm Turnbull is pushing to have TPP implemented. What specifically is in this agreement other than allowing international companies the right to sue the Australian government for the loss of profits for laws passed that protects the Australia citizen.
Posted by LEFTY ONE, Saturday, 24 September 2016 9:28:35 PM
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Well if the liability from those law-suits is going to fall on the Australian government, then cheers - let them lose their pants and their false teeth, but in reality, Turnbull and his gang of politicians will continue to eat well, dress well, stay warm in winter and cool in summer, fly business/first class and retire well, while the bill is going to fall on the shoulders of ordinary tax-payers like you and me.
Posted by Yuyutsu, Sunday, 25 September 2016 12:04:30 AM
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Yuyutsu
Then now that you understand this travesty of a contract, would it not make sense to at least contact your local MP to express your opposition to it?

Chris
Posted by LEFTY ONE, Sunday, 25 September 2016 12:38:13 AM
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"My local MP"? - I can't stand the stench!

And of all issues, this TPP is not even the worst - far from it, Chris.
If I were to attempt speaking to politicians, only one thing would be guaranteed - my throat becoming hoarse.

Just realise that politicians and their state/government are predators and sheep cannot bargain with wolves. Try to stay out of their sight, digging your own little hole in the remotest niche you can find, then hope to minimise the damage while the storm is raging outside.
Posted by Yuyutsu, Sunday, 25 September 2016 2:42:35 AM
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Does anyone have a link to all the facts regarding the TPP?
Has an official version been released to the public, or are we still relying on hacked or leaked documents?

Or am I still being sold something that I'm not allowed to know anything about, but must still go along with...

Politicians saying 'Move along nothing to see here; only a FOOL would want to bother to read the fine print.'
Yeah right, and politicians don't ever lie;
Seems about as trusting or sensible as asking a pedophile to babysit your kids.

What exactly are they selling us, and how are they selling us out?
Posted by Armchair Critic, Monday, 26 September 2016 12:38:48 PM
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For those economic illiterates:

The TPP is a free trade agreement which will grant Aus further access to many markets in the US and Asia Pacific, and free trade is always good for business and the economy in the long term.

Some countries in the Asia pacific have a history of allowing a foreign country to invest and once the industry is set up, creating a whole new set of taxes and regulations that bleed the industry dry, which is why many Aussi companies that helped with the games in India got fleeced, and why virtually no one will invest in India without political protection. So the answer is that it is not to protect against day to day laws, but against unplanned new laws that subject companies to huge costs who would not have invested if they had known about them ahead of time.

This protection makes the host country a far more attractive investment environment.
Posted by Shadow Minister, Monday, 26 September 2016 1:36:51 PM
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