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companies can soon sue governments

(11 posts) (5 voices)

Started 6 years ago by Morbo
Latest reply from rockabye

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Morbo
Member

"An investor-state dispute settlement clause gives a multinational company which believes its investment has been harmed by a government decision the right to sue a state in an international arbitration tribunal—which would have the power to overrule local laws."

http://www.abc.net.au/radionational/programs/breakfast/trade-talks/4689004

I know, democrazy and all that is not real, but now we are screwed by law.

https://www.choice.com.au/shopping/consumer-rights-and-advice/your-rights/articles/tpp-secretly-trading-away-your-rights

make submissions here
http://www.aph.gov.au/Parliamentary_Business/Committees/House/Making_a_submission

not that the govt cares, as long as they can sell goon bladders to overseas markets, they are not concerned

Posted Saturday 5 Mar 2016 @ 2:34:10 am from IP #
wlb
Member

That's how a free trade agreement works. You buy our unprocessed commodities without adding tariffs, and we'll let you do anything you like to us. It's a win-win, as they say. (They win twice)

Posted Sunday 6 Mar 2016 @ 5:47:42 am from IP #
Morbo
Member

don't even sell the commodities. Don't even own the mining companies. Mining companies don't even pay tax and get their workers from overseas. And soon won't even own harbours anymore...

Posted Sunday 6 Mar 2016 @ 7:33:00 am from IP #
wlb
Member

I was using Commodities in the much broader sense, to include wheat, milk powder, live cattle, woodchips, etc. But you're right about the mining sector and that will eventually apply to the ag and other sectors.

Posted Monday 7 Mar 2016 @ 6:40:01 am from IP #
IAEA
Member

wlb states ......
...... You buy our unprocessed commodities without adding tariffs, ......"

What is the single reason, or multiple reasons that inhibit us from value adding our own "unprocessed commodities"?

IAEA

Posted Tuesday 8 Mar 2016 @ 12:43:13 am from IP #
rockabye
Member

This US based fellow has some very good discussion on free trade agreements and other related issues. Seems to work out of the UK.

Nice scenery of the Thames etc in the background but the content is worth a listen

A good alternative to what we get served up by our usual media.

https://www.rt.com/shows/keiser-report/336836-episode-max-keiser-891/

Posted Thursday 24 Mar 2016 @ 4:59:56 am from IP #
Catopsilia
Member

A good one, rockabye. There is bound to be some anti-US bias there, as "RT" stands for Russia Today, a TV channel that has the approval (at least) of Vladimir Putin.
As you say, it is (like Al Jazeera) a good alternative to what we get served up by our usual media - which grovels daily before the "friendly" US and the Corporatocracy.

Posted Thursday 24 Mar 2016 @ 10:19:32 am from IP #
Morbo
Member

IAEA said:
What is the single reason, or multiple reasons that inhibit us from value adding our own "unprocessed commodities"?

IAEA

Too small market and averyone wants something special. Needed some particular steel flat bar, just impossible to get here. Get it cut to length and flown in from Asia, cheaper and faster than get it from somewhere interstate. (even takes 5 days to get a computer part delivered 20km across Melbourne, 4 days to get a book sent from Thailand)

Posted Thursday 24 Mar 2016 @ 9:30:12 pm from IP #
rockabye
Member

Yes the Keiser reports tell the real stories behind the free trade agreements. Protecting the profits of multinationals while minimising labour costs and tax. Report 891 covers this pretty well. Earlier episode also talk on this.

Also how just a few shareholders own all the airlines, media and telcos in the US for example. Pretty light hearted commentary but on the money so to speak.

Quite refreshing to hear someone tell it how it is.

Posted Thursday 24 Mar 2016 @ 10:13:38 pm from IP #
Morbo
Member

and ignoring peoples voice is hailed as a win for democracy. As in, small paries will face more obstacles to enter parliament. The 2 major parties dont care, what the population wants and their objectives are essentially the same. And what people are interested in, will be ignored.

Posted Friday 25 Mar 2016 @ 7:39:33 am from IP #
rockabye
Member

Big Oil - and how they do business.

The Bribe Factory

https://t.co/I0b8uHjYCM

Posted Thursday 31 Mar 2016 @ 1:33:25 am from IP #

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