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Sat Jul 7, 2012, 06:37 PM

The Trans-Pacific Partnership: A Global Attack by the One Percent [View all]

by MARK VORPAHL
During the week of July 1st – 7th an international cabal of corporate lobbyists has been meeting behind closed doors in San Diego. Their aim is moving the Trans-Pacific Partnership (TPP) towards completion. For over two years TPP negotiations have been in process, yet the proposals and agreements made so far have been carefully kept from public view, until recently.

A leaked TPP document, published at Public Citizen, has revealed what the 600 corporate advisers involved in the negotiations, including representatives from Verizon, FedEx, and Walmart, have been up to. Considering the contents of this document, it is no wonder why the public and even elected representatives have been kept in the dark.

Publicly the TPP is being described as a Free Trade Act (FTA). This understates its scope. While the FTAs already in existence have raked in giant profits for the corporate elite, for workers internationally they have resulted in lay offs and a race to the bottom in terms of living conditions and rights. The big business tops have been working hard to enhance the power of their moneymaking weapons of mass destruction. If NAFTA was a hand grenade, the TPP is a bunker buster.

What is perhaps most astonishing about the TPP is its architects’ disregard for the consequences of its destructive potential. Their greed has blinded them to the political instability and popular revolt the consequences of the TPP will create. The corporate elite imagines their rule to be absolute and eternal. Sheltered by these illusions and goaded on by the need to increase their riches regardless of social costs, they are creating a bomb that could blow them up as well.
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more: http://www.counterpunch.org/2012/07/06/a-global-attack-by-the-one-percent/

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Reply The Trans-Pacific Partnership: A Global Attack by the One Percent [View all]
limpyhobbler Jul 2012 OP
AnotherMcIntosh Jul 2012 #1
limpyhobbler Jul 2012 #4
rbnyc Jul 2012 #2
90-percent Jul 2012 #3
fasttense Jul 2012 #5