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Topple the TPP
Transcript of Topple the TPP
The TPP is a massive new free trade agreement that the U.S. is negotiating with 11 other countries: U.S., Australia, Canada, Chile, Mexico, Malaysia, New Zealand, Peru, Singapore, Vietnam, Brunei Darussalam, and Japan.
ASSAULT ON OUR DEMOCRACY
Although the Obama administration has approved 600 corporate "trade advisers" for the TPP, Congress and the public have had no say in what is being negotiated.
INVESTOR-STATE DISPUTE RESOLUTION
Corporations and banks are authorized to sue governments for unlimited cash compensation if they feel their "expected profits" have been threatened by new regulations
$675 million in taxpayer dollars have already been given to corporations under similar trade agreements. 70% of these cases have been for non-trade issues.
The TPP will literally hand corporations the power to challenge and rewrite public policy to expand their profits.
Right now, through other small trade agreements, this type of power is being used to attack clean air rules in Peru, mining laws in El Salvador, and a court decision against the oil giant Chevron in Ecuador.
Less regulation, extreme increased demand for dirty energy exports = increased fracking, mining, and logging.
Violent worker suppression
90% of Americans will see a wage decrease
New intellectual property rules would mean that pharmaceutical companies could potentially maintain their patents on life-saving medications indefinitely!
ACCESS TO MEDICINE
The following policies could be banned under the TPP:
Policies that limit the size of financial institutions that are “too big to fail”
Capital controls to restrict the flow of speculative money across borders
Taxes on Wall Street speculation
WALL STREET UNLEASHED
FAST TRACK TRADE AUTHORITY
TOPPLE THE TPP
International trade agreements trump and national, state, or local legislation.
Free trade agreements consolidate global food supplies in the hands of a few middlemen, while forcing more family farmers off their land and exposing consumers to wild food price fluctuations.
The TPP will encompass 40% of the global economy.
The TPP is being used as a means of pushing through widely opposed policies and inhibiting Internet freedom and innovation
Congress will probably vote in October
Last time Fast Track was passed by a 2 vote majority
They need Fast Track to pass the TPP
LABELS AND BUYING LOCAL
Under the TPP, important labels like "made in the USA" or "locally grown" could be banned for being trade irritants.
Monsanto is even arguing that mandatory GMO labeling violates their market access.
Government entities may not be able to prioritize locally produced goods over imported goods.
May, 2012 U.S-Colombia Free Trade Agreement enacted
“Before, we used to earn 800 pesos [$0.46] for every litre of milk sold. Now, with the free trade agreement, we only get 500 pesos and we cannot live off this.” -Moisés Delgado, a campesino spokesperson.
Many campesinos have been forced to sell their lands and join the burgeoning slums in Colombia’s cities. This has led to the further concentration of land in the hands of agribusiness.
"We are not going to permit the excesses of a bunch of misfits to affect the tranquility of citizens," President Juan Manuel Santos said. "To assure normality … I have ordered the militarisation of Bogotá."
RACE TO THE BOTTOM
FREE TRADE AGREEMENTS
Removing protections for domestic markets
THREAT TO NATIONAL SOVEREIGNTY
Investor-State Dispute Resolution
Transnational corporations and banks authorized to sue nation-states for regulations/policies that interfere with expected profits.
International treaties overrule domestic, state, and local laws.
Investor-State Dispute Resolution
Cases are heard in private international courts
Over $365 million of taxpayer money has already been paid out to foreign investors under NAFTA-style trade and investment deals
These special privileges provide foreign investors new rights to own and control other countries' natural resources and land, establish or acquire local firms, and operate them under privileged terms relative to domestic enterprises.
Pacific Rim Mining Corp vs. Republic of El Salvador
Pacific Rim Mining Corp., a Canadian-based multinational firm, sought to establish a massive gold mine using water-intensive cyanide ore processing in the basin of El Salvador's largest river, Rio Lempa.
Under growing opposition, in December 2008, Pacific Rim filed a claim under the Central America Free Trade Agreement (CAFTA), demanding $200 million in compensation from El Salvador.
Metalclad, a U.S. waste management corporation,
challenged the decision a Mexican
municipality, not to grant a construction permit
for a toxic waste facility unless the firm cleaned
up existing toxic waste problems.
Metalclad also challenged the establishment of an
ecological preserve on the site by a Mexican state
Metalclad argued that the
continuing decision to deny a permit violated their rights as a foreign investor under NAFTA
Metalclad vs. Mexico
Metalclad awarded $16.2 million
CORN PRODUCTS INTERNATIONAL VS. MEXICO
Mexico passes new tax on imports of beverages with High Fructose Corn Syrup
Corn Products win $58.4 million
CARGILL VS. MEXICO
Cargill wins $90.7 million
ARCHER DANIELS MIDLAND (ADM) VS. MEXICO
ADM wins $37 million
Lone Pine vs. Canada
Quebec passes temporary moratorium on fracking
Removing "trade barriers"
Limiting the role of the state in development
The TPP encompasses 40% of the global economy
"our work will proceed along six key lines of action: strengthening bilateral security alliances; deepening our working relationships with emerging powers, including with China; engaging with regional multilateral institutions; expanding trade and investment; forging a broad-based military presence; and advancing democracy and human rights"
"The future of politics will be decided in Asia, not Afghanistan or Iraq, and the United States will be right at the center of the action...
-Hilary Clinton, October 2011
October 2013, Lone Pine sues Government of Canada for $250 million