Antechinus: TPP Legal Attrocity — Parallel Legal System Joins Existing 1% versus 99% “Divide” to Further Screw the Public

01 Poverty, 02 Diplomacy, 03 Economy, 07 Other Atrocities, 09 Justice, 10 Transnational Crime, 11 Society, Commerce, Corruption, Government
Antechinus
Antechinus

TPP Leak Reveals Extraordinary New Powers for Thousands of Foreign Firms to Challenge U.S. Policies and Demand Taxpayer Compensation

Unveiling of Parallel Legal System for Foreign Corporations Will Fuel TPP Controversy, Further Complicate Obama’s Push for Fast Track

The Trans-Pacific Partnership’s (TPP) Investment Chapter, leaked today, reveals how the pact would make it easier for U.S. firms to offshore American jobs to low-wage countries while newly empowering thousands of foreign firms to seek cash compensation from U.S. taxpayers by challenging U.S. government actions, laws and court rulings before unaccountable foreign tribunals. After five years of secretive TPP negotiations, the text – leaked by WikiLeaks –proves that growing concerns about the controversial “investor-state dispute settlement” (ISDS) system that the TPP would extend are well justified.

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Phi Beta Iota: “Out of Control” is the operative description of the US Government today.

See Also:

Matt Taibi: The Divide – American Injustice in the Age of the Wealth Gap — Legal Immunity for the 1%, Criminalization of Everything for the 99%

Out of Control @ Phi Beta Iota

SchwartzReport: Matt Taibbi on the Legal Divide — Two Justice Systems — Criminalization of Poverty Among the 99%, Impunity for the 1%