This is a syndicated repost published with the permission of New Economic Perspectives. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.
To really appreciate what a travesty the TPP is, and the scandal of the failure of our Congress to reject it, and the “Fast Track Authority“ sought for it, out of hand, I’m going to list 23 negative consequences that would likely follow from it. Any one of these, would, by itself be sufficient for any representative of the people, Senator or Congressperson, to vote to kill it. I’ll offer this list in the form of stanzas appropriate for a chant, except for the starting point in the list.
The tune of the chant that might be used is the tune used for Dayenu, the passover seder chant in which Dayenu means “It would have been sufficient,” where the reference is to all the things the almighty is purported to have done for the Israelites on their way out of Egypt and during their wanderings in the Sinai. I’m sure the President is familiar with this chant since he has had seders at the White House more than once. I’m also sure that he never envisioned using Dayenu to highlight the horrors of one of his favorite projects, the passage of “Fast Track Authority,” the TPP, and other “free trade” agreements such as the TTIP, and the TISA, all of which would get “Fast Track Authority” if the present bill passes.
The Stanzas of the Anti-TPP chant
1. The TPP makes it easier to offshore more jobs now performed in the United States.
2. If the TPP just made it easier to offshore more jobs and did not also generate increasing downward pressure on wages, it would still be sufficient to vote to kill it!
3. If the TPP just generated increasing downward pressure on wages and did not also empower another 25,000 foreign corporations to use Investor State Dispute Settlement (ISDS) tribunals to gut our net neutrality, environmental, health, labor and safety laws and regulations, it would still be sufficient to vote to kill it!
4. If the TPP just empowered another 25,000 foreign corporations to use investor state tribunals to gut our net neutrality, environmental, health, labor and safety laws and regulations and did not also give big pharma new monopoly patent rights, it would still be sufficient to vote to kill it!
5. If the TPP just gave big pharma new monopoly patent rights, and did not also provide for rolling back financial regulations put in place after the crash of 2008, it would still be sufficient to vote to kill it!
6. If the TPP just rolled back financial regulations and did not also provide for banning buy local and buy domestic policies, it would still be sufficient to vote to kill it!
7. If the TPP just provided for banning buy local and buy domestic policies and did not also undermine climate change and energy policies by constraining the permissible policies governments can use to implement them, it would still be sufficient to vote to kill it!
8. If the TPP just undermined climate change and energy policies by constraining the permissible policies governments can use to implement them and did not also use an anti-democratic fast track process that gives Representatives and Senators no space to represent the range of people they represent, it would still be sufficient to vote to kill it!
9. If the TPP did not just use an anti-democratic fast track process that gives Representatives and Senators no space to represent the range of people they represent, and did not also potentially prevent the Treasury from replacing the practice of issuing Treasury debt to fund deficit spending with alternative funding methods, it would still be sufficient to vote to kill it!
10. If the TPP did not just potentially prevent the Treasury from replacing the practice of issuing Treasury debt to fund deficit spending with alternative funding methods, and did not also potentially prevent the Fed from using negative interest rate policies if it chooses to do so, it would still be sufficient to vote to kill it!
11. If the TPP did not just potentially prevent the Fed from using negative interest rate policies if it chooses to do so, and did not also potentially force the US to bail out insolvent banks through ISDS settlements, it would still be sufficient to vote to kill it!
12. If the TPP did not just potentially force the US to bail out insolvent banks through ISDS settlements, and did not also constitute ISDS tribunals as criminogenic environments with corporate advocates who play the roles of both judges and corporate attorneys at different times and who have substantial incentives to both drag out and sustain corporate suits against governments at all levels, it would still be sufficient to kill it!
13. If the TPP did not just constitute ISDS tribunals as criminogenic environments with corporate advocates who play the roles of both judges and corporate attorneys at different times and who have substantial incentives to both drag out and sustain corporate suits against governments at all levels, and did not also turn over the legislative power of the Federal government to the investor state dispute settlement courts and the corporations buying their loyalty, it would still be sufficient to kill it!
14. If the TPP just turned over the legislative power of the Federal government to the investor state dispute settlement courts and the corporations buying their loyalty, and did not also paralyze action by future Congresses that might reduce corporate “expectations of profits,” it would still be sufficient to kill it!
15. If the TPP just paralyzed action by future Congresses that might reduce corporate “expectations of profits,” and did not also create a permanent political fight over repealing the horror of the TPP while the US economy declines year after year, it would still be sufficient to kill it!
16. If the TPP just created a permanent political fight over repealing the horror of the TPP while the US economy declines year after year, and did not also create an unconstrained and unconstitutional trade agreement fusing judicial and legislative authority whose overnight judicial undoing would create international instability, it would still be sufficient to kill it!
17. If the TPP just created an unconstrained and unconstitutional trade agreement fusing judicial and legislative authority whose overnight national judicial undoing would create international instability, and did not also demand that the American public ought to ensure them against the business risks they take abroad, it would still be sufficient to kill it!
18. If the TPP just demanded that the American public ought to ensure them against the business risks they take abroad, and did not also insist on classification of the TPP drafts, hiding them from the public and making it an impossible burden for Congresspeople to evaluate them, and then on keeping the proposed or actual agreement secret so that the American people can’t even know what the law is that may result in international levies of many billions of dollars upon them, for four years after the TPP is either passed or defeated, it would still be sufficient to kill it!
19. If the TPP just insisted on classification of the TPP drafts, hiding them the public and making it an impossible burden for Congresspeople to evaluate them, and then on keeping the proposed or actual agreement secret so that the American people could not even know what the law was that might result in international levies of many billions of dollars upon them for four years after the TPP is either passed or defeated, and did not also create the possibility that one ISDS case, decided by a biased three-judge panel dominated by attorneys who primarily work for corporate clients could deliver a financial crisis to an American State or local government, it would still be sufficient to kill it!
20. If the TPP just created the possibility that one ISDS case, decided by a biased three-judge panel dominated by attorneys who primarily work for corporate clients could deliver a financial crisis to an American State or local government, and did not also provide multinationals protections against risk that would not be accorded to domestic corporations, it would still be sufficient to kill it!
21. If the TPP just provided multinationals protections against risk that would not be accorded to domestic corporations, and did not also define “investment” so broadly that it applies to any asset that is either owned or controlled and therefore to any new regulation that may be passed by any democratic government placing chains on all of them and defeating the requirement of the consent of the governed, it would still be sufficient to kill it!
22. If the TPP just defined “investment” so broadly that it applies to any asset that is either owned or controlled and therefore to any new regulation that may be passed by any democratic government placing chains on all of them and defeating the requirement of the consent of the governed,, and did not also prohibit “Buy American” laws and regulations, it would still be sufficient to kill it!
23. If the TPP just prohibited “Buy American” laws and regulations, and did not also fail to provide a clear legal provision allowing regulating investments for public purpose through laws and regulations that would not be subject to the interpretations of ISDS tribunals dominated by representatives of corporations making decisions in accord with the principle that national level rule making must not interfere with the “expectations of profits” held by multinational private corporations, or to any other tribunals not subject to the consent of the governed, it would still be sufficient to kill it!
Conclusion
The governing functions of the TPP regime would not be exercised with the consent of the governed. The combination of the vague definition of “investment,” the ISDS criminogenic tribunals, and the elevation of the principle of “expectation of profits” above the principles of “public purpose,” “consent of the governed,” and “separation of powers,” is tantamount to the overthrow of democracy, preserving its form in national level elections, but emptying its elections of meaningful content in mandating change and conferring legitimacy on national authorities.
And, further, the ISDS tribunals if in operation, would not exercise just powers, but only illegitimate power derived from the TPP agreement itself, negotiated in secret, passed without benefit of open debate based on the secret text of the TPP, and intended to remain secret for years after the TPP is signed. That makes TPP decision making, performed without the consent of the governed, tyranny, and makes those who want to pass the TPP guilty of conspiracy to create tyrannical rule of the few over the people of the United States and other TPP member nations.
Right now, those who want to pass Fast Track Authority and the TPP, in the face of the 23 reasons, recorded in the 23 stanzas, for killing these things, any one of which is reason enough to vote to kill them, apparently number the President of the United States, most of the corporate media, a majority of the Senate, though perhaps not a majority of its Democratic members, a large number of Representatives in the House, mostly Republican, but including some Democrats, who may or may not reach a majority of the House with the help of a full court press corporate and billionaire-funded media campaign that we will see intensify in the coming days and weeks. So, these are the forces arrayed against democracy and for tyranny. These are the forces in back of the attempt of the elite to engineer a bloodless coup, that they hope will replace national popular sovereignty with globalizing corporate rule.
Will we counter them in the coming days and weeks and block Fast Track Authority and the TPP? The fate of democracy depends on how we respond to this question and on whether our loud public outcry can counter them successfully, and persuade some in the House and the Senate that it is dangerous for them to oppose the popular will. Let us not fail this test!
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TPP & Global Treaties
‘Schadenfreude’ & the Public; Too ‘Unenlightened’ to Figure out ‘The Global Slight of Mind’ Illusion.
– David ‘Copper’ Smith
Corporate America, Wall St., Congress; Deluded, or, Deluding; ‘IGNORAMUS et IGNORABIMUS’?
Individual States & Provinces Jump at Opportunity to: Refuse, or, ‘Over Charge’ Business Licenses, Raise Targeting Prov./State Taxes, ‘Road’ Taxes, etc. to Recoup Global Treaties’ Suits (plus Earn Lucrative ‘Punitive Damages’) from Non Good Corporate Citizens (Prov./State non Compliant), Associated/Support Corps., Securities Exchanges, et al.
TPP, TTIP, CETA, et al, Shareholders ‘Persona non Grata’; Shareholders’ Meetings I.D. Toxic Neighbors, In-laws, et al.
MORE Blaming & Punishing Info Deprived Citizens of Signatory Nations, et al.
Global Treaties Not about How Much Trade, but, How to & Who to Trade with to ‘Undermine’ AIIB. About as Reversible as Wall St.’s ‘Derivatives’. How Can You Ensure that their are NO ‘Future Considerations’ Paid out by TPP, et al, ‘Foreign’ & Domestic Lobbyists?
The limited number of direct beneficiaries of the CETA, TPP & the other global treaties (ie. the global corporate leaders & their ‘preferred’ shareholders), are most desperate to keep from the prying, due diligence eyes of the of the potential global un-preferred shareholders’ & the harmless NON shareholders.
The fact of the matter is, the flurry of global treaties have very little to do with trade. The treaties are about ‘preferred’ trading partners who are successfully attempting to legitimize for the signatories of the treaty/’Arrangements’, settlements of the TPP’s ‘contrived’ disputes, et al, by enabling the parties to alleged ‘disputes’ to use non adversarial settlements whereby,
the corporations & preferred shareholders ‘merely’ shift all of their costs from themselves to the harmless NON shareholder & the un-preferred shareholders, ie. the general public/individual taxpayers.
These costs include the costs of determining:
1) which harmless non shareholders will have to pay corporations & some SHAREHOLDERS (‘preferred’ SHAREHOLDERS) for the corporations’ ‘mistakes’, contrivances, unrealistic, &/or, any expectations, etc.,
2) how high (win-fall) the punitive penalties, awards, damages, etc. will be
without the harmless NON shareholder being represented throughout the determination
of, not, if the NON shareholders are guilty, but, ‘merely’ how ‘guilty’ the harmless NON shareholders are with no means/opportunity to appeal the decisions by way of the Treaties’ (‘Death-Star-Chamber’) new superseding, cyber jurisdiction Tribunals,
&
3) et al.
***
For Further Information, see,
‘TPP & Global Treaties & Anti AIIB’.
Also see;
‘The Submission’ to The SUPREME COURT of CANADA:
“The SHAREHOLDERS & Corporations of AMERICA, Australia, Canada, the EU, et al
v
the harmless Canadian NON shareholders, both; Native & non Native, et al”
including
‘The MERKEL (Chancellor of Germany) Letter; To Sue, or, Be Sued?’
(see; davidehsmith.wordpress.com)
***
TPP & GLOBAL TREATIES;
IS HOLLYWOOD PART of the (TPP Global Treaty & Anti AIIB) PROCESS, or, OUT-of-the LOOP, too?
– L.A. Times, Apr. 7, 2015, blog
It may regrettable that the simplest & most basic information & questions that can lead to a much more secure & profitable relationship between the potential signatories of the TPP & China, et al, has not been shared with Defense Secretary Carter for his humble consideration. Perhaps, he may consider answering some of the enclosed questions in order for us to get a better idea of what his understanding is of how the TPP & other Global Treaties can be vastly improved inclusively & thereby, minimize, &/or, eliminate the dangerous problems below that have led some to understand that
‘What the TREATY of VERSAILLES was to the 20th century (ie. provided the basis for World War II) PALES in COMPARISON to the TPP, CETA, C-CIT, NAFTA, et al, in the 21st’.
Unless, of course, the long term economic destabilization and subsequent (secret) military weapons development & appropriations are the intent of DefSec Carter, et al, in the secret (Death-Star-Chamber) ‘arrangements’ of the TPP & the Global Corporate Treaties/Agreements.
***
But, how many ‘savvy’ Americans & their global corporate associates are ‘poised’ to make windfall profits from their international cross investments, ‘nest-feathered’ lawsuits & preplanned treaty ‘arrangements’ at the direct expense of the harmless non shareholders, ie. 95% – 99% of America, et al?
***
While the good sales folks of Wall St. may prefer to tell their ‘Enron-able’ customers who were also the victims of ‘The Preliminary Foray of The Wall St. Meltdown’, et al, that it’s just some Unions that are fighting back, how much of the Fighting Back of Unions against the Secret, Unethical & Anti-Democratic Arrangements of The Global Treaties’ ‘Death-Star-Chamber’ Tribunals, can be understood in the context of the harmless NON Shareholders, including Union members, fighting to Survive (not ‘thrive’) Against the Uncaring, ‘Profits at Any (body else’s) Costs’, SHAREHOLDERS & their Colluding, Global Corporate Leaders?
– Wall Street Journal, blog, Mar. 25, 2015
***
TPP & GLOBAL TREATIES;
Global Corporate Economy Conniving to Get Harmless NON Shareholders to Pay Trillion$ in Court Costs, Punitive ‘Penalties’, etc.?
No Treaties = Corporations/SHAREHOLDERS pay for Their Own ‘Mistakes’.
How Many Preferred Shares of TPP, C-CIT, TTIP, CETA, et al, Generated Enterprises are You Selling your Right to Sue the Global Corporate Economy for? ‘New’ Shareholders Can Say ‘NO’ to & Over-Rule TPP, CETA, TTIP, et al, Plans?
But, If Not PUTIN; ‘The WHITE KNIGHT’, then Who Do YOU Want to Bankroll the Saving of the harmless NON shareholders of the World from Fast Tracking TPP’s, CETA’s (TTIP) Secret ‘Death-Star-Chamber’ Tribunal Penalties?
Will China, Iran, the Muslim World, et al, Support Putin in Suits?
How about Warren Buffett, &/or, the ‘coveted’ Hong Kong investor, et al?
***
FULL Article, see; davidehsmith.wordpress.com
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Please consider sharing the enclosed information & questions with 10 friends who will share it with 10 others…