Bernie Sanders' thoughts on the TPPA

[Mofra]

1) who won?
2) why?
3) why does the HK agreement exist?
4) synthetic tpp already exists, the only difference is the TPP broadens the nations involved and simplifies agreements by harmonising. Are you aware the TPP principles have been around for over a century?

Say in the case I want to create a synthetic TPP for a business in Bolivia, I need an Australian company, a U.K. Sub, a Swedish sub and a Bolivian sub.

If I want a Philippines synthetic TPP I can use an Australian company or better still a Singaporean company which has both trade and property right protections.

In short the TPP has existed for over a century in some places and decades in others. All that is changing is the simplification of corporate structures and simplification of tax (easier to collect).

Given this is the case, what is the concern?

The ISDS itself is the concern as it involves subjugating national sovereignty to an arbitrary panel - as noted earlier, this is the most contentious area of RFTAs and their operation (staffed by the same pool of lawyers who regularly represent the same TNCs who are bringing action against sovereign nations) is of huge concern.

We submit our nation to loads of arbitration and international courts and have done for longer than our nation is old.

Please appreciate this helps and changes the people in corrupt developing nations and has very little impact in Australia.

I would argue that in many instances it hasn't helped - an arbitrary examination of (in one example I know of) the water infrastructure industry in South Africa would highlight the issues.

 

[Power Raid]

Australia isn't "breaking its own" laws by creating bills.

There are loads of examples where a nation can be held to account under property right protections and where it does, just like we already do in Australia, compensation should be offered.

Why do you feel other nations don't deserve the same protections and protocols enjoyed in Australia?

 

[Deaneus!]

Were you at the S11 protest in Melbourne in 2000 or serving in the army?

Ha, i was at S11. It's practically completely forgotten now, and the anniversary of 10,000 protestors embarrassing a completely unprepared Victorian police force has been overtaken by the twin towers.

 

[Power Raid]

The ISDS itself is the concern as it involves subjugating national sovereignty to an arbitrary panel - as noted earlier, this is the most contentious area of RFTAs and their operation (staffed by the same pool of lawyers who regularly represent the same TNCs who are bringing action against sovereign nations) is of huge concern.


I would argue that in many instances it hasn't helped - an arbitrary examination of (in one example I know of) the water infrastructure industry in South Africa would highlight the issues.

I've tried searching for the water case; can you provide a link?

My limited experience in South Africa was power infrastructure and the government corruption was rife. Why should a nation of people with loads of energy, face black outs, closure of businesses and unemployment because of corruption?

I have probably jumped the gun but I'd be pleasantly surprised if water wasn't subject to the same levels of corruption.

 

[baphomet]

Malcom you puppet-flog-tosser

http://www.afr.com/news/malcolm-tur...ump-to-rethink-tpp-opposition-20161110-gsm3bt

I don't get it, why are governments signing off on something that allows them to be sued for getting in the way of multinationals' profits?

This doesn't seem to benefit people or governments.

Funny innit