Once shrouded in secrecy, President Barack Obama’s Trans-Pacific Partnership is now becoming public, and what we’re discovering is absolutely frightening.
Apparently the deal reverses policies in place to protect national security.
Chapter 11 of the deal allows foreign investors the rights to acquire American land, businesses, ports, natural resources, infrastructure and other property.
Chapters 28 and 29 give foreign investors the ability to work around U.S. courts and sue the United States before a dispute tribunal if they feel U.S. law violated their “rights” under the deal.
Additionally, the U.S. government had unfettered power to protect its national security interests as it deemed necessary, but the TPP agreement reverses this power. As a consequence, other countries could maintain that U.S. security interests violate the deal and they could then insist the United States pay billions of dollars in damages.
The TPP is anything but the simple free trade deal Obama wants us to think it is. It is a complex array of rules and regulations intended to control the economic relations between the nations involved in the deal. Furthermore, there is no economic model indicating any benefit to the United States from the agreement.
There is a reason Obama wanted to keep the details of this deal secret. While he wants to tout that it will help workers, the truth is that it does the opposite.
Obama has proven again and again why he cannot be trusted. He goes behind the backs of the American people and institutes legislation whether we like it or not.