TransCanada sues the US for $15 billion under NAFTA

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Orwell warned against Newspeak where lies become truth and slavery becomes freedom.

The TPP like the TTIP and TISA is a blatant threat to democracy and the constitutional state. A parallel private arbitration court system excludes the public, allows foreign investors to sue governments, makes decisions irrevocable and will have a chilling effect on labor and environmental legislation. Public interest is eclipsed by private interest. Anti-fracking, minimum wage, public sector workers, nuclear-closures, genetic engineering and regulations protecting labor and the environment are all endangered. Vattenfall is suing Germany for 4 billion Euros for closing two nuclear plants. Veolia, owner of an Egyptian waste disposal firm, is suing Egypt for lost profits because of a higher minimum wage.

TPP is NAFTA on steroids, a reflection of the “Anything goes” part of late stage capitalism. The 6000 page document that was negotiated in secret with 600 corporate lobbyists doesn’t even mention “climate change.”

read Global Trade Watch at www.citizen.org
and www.commondreams.org and www.truth-out.org

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