TTIP is literal cancer

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Khilafah420
I may have already made a thread on this.

But if I haven't, here it is. If you don't know what it is, it's a trade deal between Europe and the US that only benefits the US, and it would pretty much allow corporations in the US to sue European Governments and it also forces the privatization of everything.

TTIP

Whoever thought of this deal this deal should have this happen to him.

Slightly NSFW

So.... are you against TTIP or uninformed about TTIP?

Thank God that this deal is a mere draft right now, and not currently being implemented.


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Amendment XI: "The Judicial power of the United States shall not be construed to extend to any suit in law or equity, commenced or prosecuted against one of the United States by Citizens of another State, or by Citizens or Subjects of any Foreign State."

so, we cant sue our own states, and dem damn foreigners cant sue our states, but... we can sue their states? lol. stop giving corporations so much fucking power.


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Khilafah420
Amendment XI: "The Judicial power of the United States shall not be construed to extend to any suit in law or equity, commenced or prosecuted against one of the United States by Citizens of another State, or by Citizens or Subjects of any Foreign State."

so, we cant sue our own states, and dem damn foreigners cant sue our states, but... we can sue their states? lol. stop giving corporations so much fucking power.
...yeah....

This deal pretty much gives American corporations free reign over Europe (it's not *that* bad, but it's still not gonna be nice). Yet there's no fucking controversy over the deal in the US!! It's a joke.


 
 
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<.<
It's yet another disgusting 'trade deal' being sharted out of the USA. Hopefully it goes down the drain with the rest of it's countless cousins.


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Khilafah420
It's yet another disgusting 'trade deal' being sharted out of the USA. Hopefully it goes down the drain with the rest of it's countless cousins.
Oh, its countless cousins have been killed as well?

What were their names? Maybe there's a chance that this will fail outright still.


 
 
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<.<
It's yet another disgusting 'trade deal' being sharted out of the USA. Hopefully it goes down the drain with the rest of it's countless cousins.
Oh, its countless cousins have been killed as well?

What were their names? Maybe there's a chance that this will fail outright still.
ACTA PIPA SOPA etc, it's the same kind of bollocks even if the individual acts/bills/agreements vary somewhat. Just another four letter way to shaft the consumer.


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Khilafah420
It's yet another disgusting 'trade deal' being sharted out of the USA. Hopefully it goes down the drain with the rest of it's countless cousins.
Oh, its countless cousins have been killed as well?

What were their names? Maybe there's a chance that this will fail outright still.
ACTA PIPA SOPA etc, it's the same kind of bollocks even if the individual acts/bills/agreements vary somewhat. Just another four letter way to shaft the consumer.
I know....

Why are these deals even proposed? All they do is hurt consumers..

Oh wait! These deals serve the interests of the top 0.01%, so of course it must be good!!!!


 
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This is the way the world ends. Not with a bang but a whimper.
It's yet another disgusting 'trade deal' being sharted out of the USA. Hopefully it goes down the drain with the rest of it's countless cousins.
Most of the hype against TTIP is just trumped-up bullshit on the part of the media.

The media loves to reduce the ISDS functions down to "suing for lost future profits", but that really is a mischaracterisation. Even the case with Phillip Morris in Australia--usually held up as the poster-boy for everything that's wrong with ISDS--has some legitimacy. PM aren't suing the Australian government over "lost profits" due to plain cigarette packages, they're suing because the government expropriated their intellectual property without compensation.

And even if you're still against PM and their instance (I'm undecided, myself) most instances of ISDS are nowhere near as egregious or controversial. A large majority of successful cases are when governments disfavour foreign companies; like when Ethyl Corp sued the Canadian government for banning an additive that only they used. Ethyl Corp claimed the government had banned the additive on political, instead of scientific or public-interest grounds.

On the face of it, it looks like Ethyl Corp is acting against the public interest and is simply acting for the sake of its own wallet. However, Ethyl Corp ended up presenting the government's own documents from just a year prior which clearly stated that there was zero risk presented by the additive Ethyl Corp had been using, and the party trying to push through the legislation had close ties with Ethyl Corp's domestic competitors.

And, as with all ISDS cases, it was played out in the media as some fat-cat company suing the government over health and environmental legislation. Nonetheless, the formulators of TTIP have recognised some of the faults in the Phillip Morris case and the TTP and added this:
Quote
and should be without prejudice to the right of the EU and the Member States to adopt and enforce, in accordance with their respective competences, measures necessary to pursue legitimate public policy objectives such as social, environmental, security, stability of the financial system, public health and safety in a non-discriminatory manner

ISDS cases are never as one-sided as they're made out to be.


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Sounds fine to me, Europe is poor anyways.


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<.<
It's yet another disgusting 'trade deal' being sharted out of the USA. Hopefully it goes down the drain with the rest of it's countless cousins.
Most of the hype against TTIP is just trumped-up bullshit on the part of the media.

The media loves to reduce the ISDS functions down to "suing for lost future profits", but that really is a mischaracterisation. Even the case with Phillip Morris in Australia--usually held up as the poster-boy for everything that's wrong with ISDS--has some legitimacy. PM aren't suing the Australian government over "lost profits" due to plain cigarette packages, they're suing because the government expropriated their intellectual property without compensation.

And even if you're still against PM and their instance (I'm undecided, myself) most instances of ISDS are nowhere near as egregious or controversial. A large majority of successful cases are when governments disfavour foreign companies; like when Ethyl Corp sued the Canadian government for banning an additive that only they used. Ethyl Corp claimed the government had banned the additive on political, instead of scientific or public-interest grounds.

On the face of it, it looks like Ethyl Corp is acting against the public interest and is simply acting for the sake of its own wallet. However, Ethyl Corp ended up presenting the government's own documents from just a year prior which clearly stated that there was zero risk presented by the additive Ethyl Corp had been using, and the party trying to push through the legislation had close ties with Ethyl Corp's domestic competitors.

And, as with all ISDS cases, it was played out in the media as some fat-cat company suing the government over health and environmental legislation. Nonetheless, the formulators of TTIP have recognised some of the faults in the Phillip Morris case and the TTP and added this:
Quote
and should be without prejudice to the right of the EU and the Member States to adopt and enforce, in accordance with their respective competences, measures necessary to pursue legitimate public policy objectives such as social, environmental, security, stability of the financial system, public health and safety in a non-discriminatory manner

ISDS cases are never as one-sided as they're made out to be.

Whilst that is a little reassuring, as in it's not quite doomsday should it get signed, I still don't really fancy the idea of corporations being able to sue governments, not because of 'muh corporations' because for the vast majority of them I really don't mind about their business practices, it's the thought of giving Monsanto and Co more litigious power when they already run rampant with their lawsuits.

I'm not against GM foods and the like, but Monsanto gives the entire GM industry such a shitty reputation with a justifiable reason too <_<

In terms of the tobacco company, it's harder because I'd love to see it get thrown under the bus and come out mauled to death but ehh. When you say their IP do you mean that the aussie government used their packaging in anti-smoking advertisements or the like? Because that's easy enough to nail down as wrong but if it's more along the lines of the plain packaging forced the removal of their branding so they lose out on sales... eh I'd struggle to sympathise one bit with that.


 
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This is the way the world ends. Not with a bang but a whimper.
but if it's more along the lines of the plain packaging forced the removal of their branding so they lose out on sales... eh I'd struggle to sympathise one bit with that.
That's one of the reasons it's such a controversial case.


 
 
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<.<
but if it's more along the lines of the plain packaging forced the removal of their branding so they lose out on sales... eh I'd struggle to sympathise one bit with that.
That's one of the reasons it's such a controversial case.
Well then, I'd say fetch the bus and the rope <_<


 
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This is the way the world ends. Not with a bang but a whimper.
but if it's more along the lines of the plain packaging forced the removal of their branding so they lose out on sales... eh I'd struggle to sympathise one bit with that.
That's one of the reasons it's such a controversial case.
Well then, I'd say fetch the bus and the rope <_<
Do my survey you bitch.


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interesting that this transatlantic deal comes alongside a pacific rim deal

http://www.npr.org/2015/04/29/403094326/japans-abe-pushes-the-pacific-trade-deal-onto-center-stage


 
 
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<.<
but if it's more along the lines of the plain packaging forced the removal of their branding so they lose out on sales... eh I'd struggle to sympathise one bit with that.
That's one of the reasons it's such a controversial case.
Well then, I'd say fetch the bus and the rope <_<
Do my survey you bitch.
Where is it? >.>


Azumarill | Mythic Invincible!
 
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but if it's more along the lines of the plain packaging forced the removal of their branding so they lose out on sales... eh I'd struggle to sympathise one bit with that.
That's one of the reasons it's such a controversial case.
Well then, I'd say fetch the bus and the rope <_<
Do my survey you bitch.
Where is it? >.>
his economics thread in this board
http://sep7agon.net/index.php?topic=35890.0


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Khilafah420
interesting that this transatlantic deal comes alongside a pacific rim deal

http://www.npr.org/2015/04/29/403094326/japans-abe-pushes-the-pacific-trade-deal-onto-center-stage
TTIP has been around for far longer than the Pacific Rimjob deal.


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Khilafah420