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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIn Case You Missed This... 'Fast-Track Hands The Money Monopoly To Private Banks — Permanently'
Fast-track Hands the Money Monopoly to Private Banks Permanentlyby Ellen Brown - WebOfDebt
Posted on June 11, 2015 by Ellen Brown
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TiSA Exposed
On June 3, 2015, WikiLeaks released 17 key documents related to TiSA, which is considered perhaps the most important of the three deals being negotiated for fast track trade authority. The documents were supposed to remain classified for five years after being signed, displaying a level of secrecy that outstrips even the TPPs four-year classification.
TiSA involves 51 countries, including every advanced economy except the BRICS (Brazil, Russia, India, China, and South Africa). The deal would liberalize global trade in services covering close to 80% of the US economy, including financial services, healthcare, education, engineering, telecommunications, and many more. It would restrict how governments can manage their public laws, and it could dismantle and privatize state-owned enterprises, turning those services over to the private sector.
Recall the secret plan devised by Wall Street and U.S. Treasury officials in the 1990s to open banking to the lucrative derivatives business. To pull this off required the relaxation of banking regulations not just in the US but globally, so that money would not flee to nations with safer banking laws. The vehicle used was the Financial Services Agreement concluded under the auspices of the World Trade Organizations General Agreement on Trade in Services (GATS). The plan worked, and most countries were roped into this liberalization of their banking rules. The upshot was that the 2008 credit crisis took down not just the US economy but economies globally.
TiSA picks up where the Financial Services Agreement left off, opening yet more doors for private banks and other commercial service industries, and slamming doors on governments that might consider opening their private banking sectors to public ownership.
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Much More: http://ellenbrown.com/2015/06/11/fast-tracking-tisa-stealth-block-to-monetary-reform/
djean111
(14,255 posts)bigwillq
(72,790 posts)Obama and all his merry friends.
arcane1
(38,613 posts)What happened to "after the vote we can all see what's in it"?
djean111
(14,255 posts)we cannot see who proposed this shit and retaliate immediately. This gives people time to get set up in cushy jobs or whatever. All we will be able to see is the rancid sausage, not who cooked it up. I have to laugh, this "only the negotiations are kept secret" is flung about as if the final product is not a direct result of negotiations. I am gonna go out on a limb and assume those negotiations will not make anyone currently in office look good, and that is why the secrecy.
arcane1
(38,613 posts)Scuba
(53,475 posts)Rex
(65,616 posts)And of course they don't even see their own demise, after we all go extinct. Too much arrogence and greed imo and money...shitloads of it in the hands of a few 100 people around the planet.
OF COURSE goverments will go along with this, they don't actually control much anymore.
I knew this was a steaming pile of crap treaty for the labor force.
FlatBaroque
(3,160 posts)For THAT you get sodomized and publicly executed. Bankers don't like that.
polly7
(20,582 posts)AikidoSoul
(2,150 posts)and our lives will never, ever be secure after it passes.
My God. Save us please.
nationalize the fed
(2,169 posts)Isn't he/she/it needed more there?
It's up to the people of the US to save themselves. And, strangely enough, all it would take is to pay some attention. Americans have become lazy and distracted. Add ignorance and arrogance and look at what you get.
"A Republic- if you can keep it"- Benjamin Franklin
Out of Sight=Out of Mind- The Legacy of the Boomers
http://drones.pitchinteractive.com/