Originally Posted by Mozz13
I am honestly intrigued with this and would like someone to explain more in details if possible. Apart from the possibility of US excellent patent laws being exported to the mentioned countries
as well as the more power to control the internet, wont this agreement brings more benefit or advantage economically? I'm no expert in this so please go easy on me.
The Bill and Melinda foundation got kicked out of India and prosecuted for their tainted vaccine that caused thousands of girls to die and become infertile. Under these trade agreements not only wouldn't the Indian government not be able to kick them out of India but a corporation would sue India for lost income and profits.
Or let's take EU countries banning GMO's. Monsanto would be able to sue France, Scotland, Ireland, Wales, etc. for banning GMO's. Intellectual property rights are a lie as they only extend to US corporations and their dictates and even that isn't certain as the agreement has to be passed before those worthless fools in Congress and the Senate get to see what was in it in years to come. They are so bought and paid for they don't even care to know what's in it when they pass it. Who cares? We got our bribes is their motto.
The courts are secret courts. We, the public, have no idea which rules, laws and principles govern them. They are closed door courts whose rulings are not published and all is kept hidden and secret.
This is why Obama was granted fast track authority, they know that if it became public nobody in their right mind would agree to it, after all what if the agreement also encompasses the US itself? A state that refuses to accept a faulty car because the engine blows up will get sued for lost profits, despite the car being faulty and randomly blowing up killing people.
This is the essence of the two trade agreements being negotiated and the Trans Atlantic one isn't doing too well. France and Germany are, reportedly, refusing to accept these secret courts, which the US are desperately pushing for.
Free market governance.
Originally Posted by Deuce65
Well sure it will, if you happen to own any marketable intellectual property such as a drug patent, or if you own a manufacturing plant that sells a product currently suffering from import taxes in a member nation.
I'm sure we can all make 'marketable' products regardless of safety and quality.Edited by Liranan - 10/6/15 at 8:27pm