Reasons to be fearful 1,2,3 of TPP

“The TPP is not so much about trade as it is about deregulation and forcing governments to pay corporations and wealthy investors for the cost of complying with environmental and other public interest safeguards. The TPP contains all the worst elements of NAFTA plus new provisions that give more goodies to global corporations that care little about protecting working families or the planet.”

Interesting review of reasons to fear TPP, by FoE USA. If it goes ahead, as our exchange rate gets lower, look out for USA buying up any local enterprise worth having. Previous track record is that many are closed after 12 months or so, with products imported from low cost countries. Of course our leaders just make more noise about “growth and proper jobs.

>more> Friends of the Earth

About groundswellbasscoast

This is on behalf of local climate change group. Material is selected by Bernie McComb and does not necessarily represent opinion of whole group.
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