Monday, January 25, 2016
The Transatlantic Trade and Investment Partnership
TTIP: Well, in short, it will improve regulatory coherence and cooperation by dismantling unnecessary regulatory barriers such as bureaucratic duplication of effort. That's simple enough to understand, the corporations are heading above all laws of any land. In December 2013, Martti Koskenniemi, Professor of International Law at the University of Helsinki, warned that the planned foreign investor protection scheme within the treaty would endanger the sovereignty of the signatory states by allowing for a small circle of legal experts sitting in a foreign court of arbitration. An unprecedented power to interpret and void the signatory states' legislation.
In other words this partnership of corporations will create their own laws (corporate tribunal court) above any government in which they do business and if criticism rises from the public on environmental issues and\or conduct of ethics where a shortcoming to the partners profit is harmed they can sue the government for those losses from the taxpayer, We The People. At which time I would like to focus on what these greedy individuals are proposing to the world and how many feel what the outcome resembles. "It's as sensible as cooling your balls on the wet nose of an angry Rottweiler" Got it?