It's a recipe for fascism. It allows corporations to file endless claims against a country even if they just think a law may lose them money. It's a wish list for giving sovereignty to corporations. It ignores the Constitution and the people's will. It allows corporations to bankrupt countries by filing endless claims to an unelected Tribunal made of judges that rotate out of corporate jobs. These unelected, conflicted judges will decide every law, every policy, every regulation for a country based on how profitable, or not, the law is to a corporation.
Want clean water? Well, if it cuts into the profits of even one bottled water business, the tribunal will decide if the law stands. The tribunal can make a country pay unlimited fines and penalties for even thinking about a consumer protection agency.
This Trade agreement is even worse than NAFTA and is a brazen give away to corporations. And the Obama administration supports it and wont allow congress to read the secret papers while Halliburton can. It's as if ALEC and the Chamber of Commerce sat down and wrote a trade agreement in secret to take away the sovereignty of America and give it to corporations, with Obama cheering from the sidelines.