Is the Trans-Pacific Partnership good for everyone?

[Saz]

[Dylan]

It has to be weighed against the benefits of additional trade derived from even regulatory regimes across trade partners though. I don't know how valuable that is, really, until we see analyses of the TPP once it's been finalized.

You can get a sense of how earth shattering new regulatory policies will be because of the review and comment period. If a minor change ends up costing trillions in liability then we have bigger problems re the competence of the regulatory process.

[Indy]

The more I hear about this the more it's apparent corporations are trying to subvert governments around the world, as they're now deciding what laws countries can and can't have?

WTF is that?

I heard Elizabeth Warren on it this morning and she was talking about that and also how secret it is, where she can go into a room to read it but can't take any notes and obviously not any recordings. The people who have full access to it? The lobbyists writing it.

It also strikes me as a perfectly transparent backdoor way to kill environmental laws worldwide. Oh, your pollution regulations impinge on our profit margins--we're suing you.

It's pretty amazing how in this country we're perfectly fine with surrendering all our power and freedoms to corporate entities without firing a shot. This ought to end well.

[Dylan]

[Indy]

No?

She said something about, for instance, Phillip Morris suing a country for its anti-smoking laws (not environmental law, granted, but if they can do that...).

[John Galt]

indy why aren't you happy? the republicans are working with obama to get this through, this is what you complain about all the time, how they are always obstructing. now it's the democrats who are obstructing. you should be giddy!

[Indy]

[John Galt]

[Indy]

[spacemonkey]

Its all about cheap labor and corporate / shareholder profit.