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This agreement sounds terrible for us regular people - another way for Corporations to pick our pockets.
Unlike treaties and conventions, these agreements have a key third
party: investors and corporations. Lambert notes (emph. in orig.) “the
tribunal can order your government to pay an investor for damages to
their investment which may, as we saw in the definition of investment,
include expectations of a return” (lest you think he’s being
alarmist, he also links to a couple of examples). A major trade
agreement, negotiated in secret, in anticipation of being hustled through Congress does not smack of democratic process - even if all the forms are technically observed.
http://www.pruningshears.us/pruning-shears/2013/11/14/capitalism-takes-on-democracy.html
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