Obama needs to ensure he gets well compensated after leaving office for a job well done protecting, defending and further enriching the global oligarch class. This is precisely why he’s so adamant about passing the TPP during the upcoming lame duck session of Congress, when he knows “representatives” who no longer face reelection can be coerced or bribed into voting for this monumental public betrayal.
The Trans-Pacific Partnership (TPP) ins’t really a free trade deal, it’s a way for global oligarchs to consolidate, grow and protect their enormous wealth. The investor-state dispute settlement system (ISDS) is perhaps the most nefarious and objectionable aspect of the deal, with this shadowy court system being used to accomplish the following for the super rich and powerful:
1) Eliminate sovereign risk from their investments.
2) Earn money by scouring the world for potential ISDS “opportunities” and then speculating on them.
3) Escape prosecution from criminality on a global basis.
The whole thing is absolutely disgusting and epitomizes all that is wrong and unethical about the world today. As such, stopping the TPP from passage is probably the most important near-term challenge ahead for all of us who want to make the world a better place (or at least prevent it from getting much, much worse).
http://www.zerohedge.com/news/2016-09-01/secret-global-court-why-corporate-criminals-corrupt-politicians-desperately-want-tpp
[Posted at the SpookyWeather blog, September 6th, 2016.]
The Trans-Pacific Partnership (TPP) ins’t really a free trade deal, it’s a way for global oligarchs to consolidate, grow and protect their enormous wealth. The investor-state dispute settlement system (ISDS) is perhaps the most nefarious and objectionable aspect of the deal, with this shadowy court system being used to accomplish the following for the super rich and powerful:
1) Eliminate sovereign risk from their investments.
2) Earn money by scouring the world for potential ISDS “opportunities” and then speculating on them.
3) Escape prosecution from criminality on a global basis.
The whole thing is absolutely disgusting and epitomizes all that is wrong and unethical about the world today. As such, stopping the TPP from passage is probably the most important near-term challenge ahead for all of us who want to make the world a better place (or at least prevent it from getting much, much worse).
http://www.zerohedge.com/news/2016-09-01/secret-global-court-why-corporate-criminals-corrupt-politicians-desperately-want-tpp
[Posted at the SpookyWeather blog, September 6th, 2016.]
