I am opposed
to the TPP. Particularly because of the ISDS clause. The
problem is stated in 3 online articles reported
below:
There is a lot that is wrong with the “free-trade” model...
But nothing is so wrong as the little-covered
but hugely important threat to democracy itself in the form of Investor State Dispute Settlement (ISDS) provisions, ...formally
prioritize corporate rights over the
right of governments to regulate and the sovereign right of nations to govern
their own affairs.
Investor-State Dispute Settlement
clause, which would allow corporations within the
TPP zone to challenge regulations
imposed by member governments in a binding international
court. For instance, a company could protest against health and safety regulations if it felt they restricted its
business.
Under the Trans-Pacific Partnership,
pharmaceutical companies could get up to eight
years of exclusive rights to their
clinical trial data, compared to 12 years currently in place in the U.S, five years in Australia and little to none in
developing nations. (American drug makers are intent on preserving
the existing standard in a final deal)
I
need not remind you we are a constitutional republic and a country of laws. Even
with the chaos and dysfunction occurring in the House, the country is not in
peril; because our institutions are base on a constitution and laws.
Of
the 40 country there are those who function under Marxist economic doctrine, nations
subject to occasional military coup disrupting their economic stability. There are nations that turn a blind eye to
the heroin trade and to human trafficking. Nation that require bribes to do
business where corruption is rampant, and where multinational corporations with
no national loyalty can dictate regulations, making it easier to litigate US
regulatory laws.
Vote No on TPP. Since you cannot amend it, send it back to be
revised particularly the ISDS clause and others.
Thank you for your consideration:
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