Tuesday, May 26, 2015

OBOF TYMYM & MORE Vol 15 - No 13


OPINOINS  BASED  ON FACTS (OBOF)

THINGS YOU MAY HAVE MISSED (TYMHM)

YEAR ONE

YEAR TWO

YEAR THREE

YEAR FOUR

YEAR FIVE

 

OBOF YEAR FIVE INDEX
 
OBOF TYMHM
Jan. 07, 2015
OBOF TYMHM Vol 15 - No 1
Jan. 19, 2015
OBOF TYMHM Vol 15 - No 2
Feb.  03, 2015
OBOF TYMHM Vol 15 - No 3
Feb.  23, 2015
OBOF TYMHM Vol 15 - No 4
Mar.  02, 2015
OBOF TYMHM Vol 15 - No 5
Mar.  06, 2015
OBOF TYMHM Vol 15 - No 6
Mar.  13, 2015
OBOF TYMHM Vol 15 - No 7
Mar.   23, 2015
OBOF TYMHM Vol 15 - No 8
Mar.  28,  2015
OBOF TYMHM Vol 15 - No 9
Apr.  13,  2015
OBOF TYMHM Vol 15 - No 10
May  02,  2015
OBOF TYMHM Vol 15 - No 11
May  09,  2015
OBOF TYMHM Vol 15 - No 12
May  19, 2015
OBOF TYMHM Vol 15 - No 13
May  26, 2015

 

Agenda


 

1.  MISC. & THOUGHTS

 FROM FLOYD.

 

2.  Thanks to my Son for the following statement from

 John Fitzgerald Kennedy.


4.  STOP  TPP

The Trans-Pacific Partnership is like

NAFTA ON STERIODS.

5.  I’m Not Making This Up: Corporations Use Trade Deals To Attack U.S. Law

 

 

MISC. & THOUGHTS

 FROM FLOYD

 

Well, what can I say?  Probably nothing would be about as good as I could do.  However, I'll just mention that I am having trouble getting over the fall I had on the 18th or May.

 

I is truly gratifying to see that there are still over 200 of you out there still tuning in to see if I have brought you anything new.  I will keep trying.  I think it does me as much or more good than you to get this info together and sent your way.

~

 

One of my Great Grandsons is now 5years old.  He reminds me of a poem that was told me when I was a kid.  "Folks are mean as they can be, always saying don't to me.  Don't do this and don't do that, don't annoy or tease the cat.  Don't throw stones, don't climb trees, don't play in the street.  Ah gee, seems like when I want to play don't is all that they can say.

~

Thanks to my Son for the following statement from John Fitzgerald Kennedy

 

"For in the final analysis, our most basic common link, is that we all inhabit this small planet, we all breathe the same air, we all cherish our children's futures, and we are all mortal."

~~~



 

FROM FLOYD:

 

I would guess that you are tired of hearing so much about the Trans Pacific Partnership (TPP).  I know I have been giving you a number of articles on this subject.  It is a every important matter and in addition to the three articles for you that follows, I could have printed at least six more, all of which had excellent points to consider. 

 

For whatever it is worth, I think that maybe a new trade agreement is needed, BUT not this one.  You will not that in one of these articles, it is reported that of the 29 chapter that make up this TPP only 2 chapters refer to trade.  The problem is what is in those other 27 chapters.

 

In addition, there now are protests in Europe, and I think will be here too, about the Trans Atlantic Investment and Trade Partnership (TAITP), which is being negotiated in secrecy just like TPP and appears to be along the same lines as TPP.  It is said that TPP controls one half of the World's commerce and financial systems and the TAITP will control the other half.  Thus, the NEW WORLD ORDER.  SCARES ME.

~

     

What would the TPP do?
Eleven countries are now involved—Australia, Brunei Darussalam, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam, and the United States—and there is an open invitation for more to join.  Think of the TPP as a NAFTA on steroids, which could encompass half of the world.

Foreign firms could extract unlimited amounts of taxpayer money as compensation when investors claim that U.S. government actions undermine their expected future profits. Seriously.
This is the largest, most potentially damaging agree       ment since the 1995 establishment of the WTO (World Trade Organization).  And you may never have heard about it before.  That’s because the negotiations, which have been underway for three years, are being conducted in extreme secrecy.  The public, Congress, and the press are locked out, but the 600 official corporate advisors have access to the negotiating texts.

The TPP is the latest strategy by the same gang who got us into the North American Free Trade Agreement (NAFTA) and pushed for the expansion of the WTO: American job-offshorers like GE and Caterpillar; banksters like Citi; pharmaceutical price-gouging giants like Pfizer; oil, gas, and mining multinationals like Chevron and Exxon; and agribusiness monopolists like Cargill and Monsanto.

They’ve misbranded the TPP as a model 21st-Century “trade” deal to try to sell it with the usual false promises of it expanding exports.  But only two of the TPP’s 29 chapters are about “trade.”

Most of the TPP’s proposed provisions instead comprise a corporate power grab.  The TPP would include extreme protections for foreign investors, which would help corporations offshore American jobs to low-wage countries.                                                                                                                      

Then they relocate, including special privileges and rights that domestic firms and investors do not enjoy. Foreign firms—or foreign subsidiaries of U.S. firms—could extract unlimited amounts of taxpayer money as compensation when investors claim that U.S. government actions undermine a corporation’s expected future profits.  Seriously.”

 

STOP  TPP

The Trans-Pacific Partnership is like

NAFTA ON STERIODS

Global Trade Watch

May 20, 2015

We are waking up.  The fog is lifting. We are sweeping away the lies and secrecy.


The corporate and political leaders of the Pacific Rim nations are meeting in cities across America such as Chicago, Dallas, San Diego, and Leesburg to turn the Pacific Ocean and its peoples into a giant privatized corporate lake characterized by non-union workers, Wal-Mart supply chain feeders, poisoned, landless agricultural laborers, a dying biodiversity, and rising, drowning sea levels.  We cannot and will not let this happen.

 

These meetings are officially referred to as the Trans-Pacific Partnership (TPP) Talks. The nations involved are the United States, Australia, New Zealand, Singapore, Malaysia, Vietnam, Brunei, Chile, and PeruJapan, Mexico and Canada have indicated a desire to join.  The economic power of this group is more than 40% larger than the 27-nation European Union. The claimed purpose of TPP is to promote development and create jobs.

The General Assemblies of Multiple Occupations across America hereby invite our communities, our regional neighbors, and our co-inhabitants of Earth, in general, to join us in both protesting the TPP and also in creating a new world.

We will march in the streets, with pots and pans, and banners and signs to inform our fellow citizens on what is wrong with the TPP Pact and what are the people’s alternatives.

~~~

 

I’m Not Making This Up: Corporations Use Trade Deals To Attack U.S. Law

| Author: Dave Johnson


Published: May 17, 2015  

President Obama says progressives who warn that trade laws let corporations overrule U.S. law are “making this stuff up.”  Two attacks on U.S. laws and regulations are underway right now, illustrating how the “corporate courts” provisions in the Trans-Pacific Partnership (TPP) would open our country up to attacks from foreign corporations.

“They’re making this stuff up.”

Sen. Elizabeth Warren, legal scholars and others have been sounding the alarm about the Investor-State Dispute Settlement (ISDS) provisions that have leaked to the public from the secret TPP negotiations. They are warning that the ISDS provisions, as the New York Times put it, “would allow foreign corporations to sue the United States government for actions that undermine their investment ‘expectations’ and hurt their business, according to a classified document.”

President Obama says Warren and these others are being “dishonest.”  In his speech at Nike the other day the president said, “Critics warn that parts of this deal would undermine American regulation – food safety, worker safety, even financial regulations. They’re making this stuff up.  This is just not true.  No trade agreement is going to force us to change our laws.  This agreement would make sure our companies aren’t discriminated against in other countries.”

Country of Origin Labeling

But there are already disputes in trade tribunals that could result in U.S. laws being changed.

Country-of-origin (COOL) laws requiring that meat and pork (and fish and chicken) be labeled with their country of origin have been challenged by meat and pork corporations in Mexico and Canada. U.S. consumers want to know where their products come from. Apparently, letting consumers have information about the origin of the products they buy could cause them to make choices that hurt the profits of certain non-U.S. companies.  So they want to make that against trade rules.

These companies took their complaint to the World Trade Organization, and WTO ruled against the United States.

Canada and Mexico can put retaliatory tariffs on U.S. imports, including pork and beef, if the U.S. does not change its laws.

This is similar to the ban on putting “dolphin-safe” on the label of canned tuna because giant Mexican corporations causes U.S. consumers not to buy their not-dolphin-safe tuna.  April’s post, Tuna Case Shows Everything You Need To Know About “Trade” Agreements, explained:

The World Trade Organization ruled this week that the United States is not being fair to Mexican seafood companies by denying “dolphin safe” labels on their tuna, meaning that American citizens won’t know whether they are buying tuna that is caught in a way that we deem would protect dolphins.
 
Let that sink in.  A foreign trade court has prohibited the United States from letting citizens know what is or is not in a product.  This non-U.S. “court” is nullifying our federal Dolphin Protection Consumer Information Act.

Let that sink in.

Canada Claims Volcker Rule Violates NAFTA

Canada says our financial reform laws violate our trade agreements.   The “Volcker Rule” prohibits the giant banks from certain kinds of risky “proprietary” speculation that could hurt their customers and ultimately taxpayers. This is keeping some of the big banks from speculating in certain Canadian debt.

Zach Carter of the Huffington Post is reporting in Canada Just Threw A Grenade Into Elizabeth Warren’s Trade Fight With Obama“:

Canadian Finance Minister Joe Oliver gave a speech in New York arguing that the Volcker Rule — a key tenet of the 2010 banking law — violates the North American Free Trade Agreement. The move underscores Warren’s warning that such deals, including the Trans-Pacific Partnership that Obama is currently negotiating, jeopardize financial reform.
[. . .] As far back as 2011, a lobbying group representing Canadian banks claimed that the Volcker Rule runs afoul of NAFTA in arguments presented to U.S. regulators.  But none of this turmoil prevented Obama from flatly rejecting Warren’s contention that trade agreements, particularly the TPP, can be used to attack financial standards.

Rules And Laws We Can’t Have

So we can’t tell consumers where their meat comes from because it might hurt the profits of companies that export meat that consumers would not want to buy.  We can’t label tuna cans as “dolphin safe” because it hurts the profits of foreign corporations if U.S. consumers don’t want to buy tuna that is not dolphin-safe. And we can’t protect our financial system because other countries sell risky financial product they want our banks to buy.

I’m not making this up.

~~~

If the good Lord is willing and the creek don't rise, I'll try to talk with you again next week or later this week.  I just do the best I can.

God Bless You All

&

God Bless the United States of America.

Floyd

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