This article:
Controversial Trade Pact Text Leaked, Shows U.S. Trade Officials Have Agreed to Terms That Undermine Obama Domestic Agenda
http://www.citizen.org/pressroom/pressroomredirect.cfm?ID=3630
excerpt:
Although the TPP has been branded a “trade” agreement, the leaked text of the pact’s Investment Chapter shows that the TPP would:
Limit how U.S. federal and state officials could regulate foreign firms operating within U.S. boundaries, with requirements to provide them greater rights than domestic firms;
Extend the incentives for U.S. firms to offshore investment and jobs to lower-wage countries;
Establish a two-track legal system that gives foreign firms new rights to skirt U.S. courts and laws, directly sue the U.S. government before foreign tribunals and demand compensation for financial, health, environmental, land use and other laws they claim undermine their TPP privileges; and
Allow foreign firms to demand compensation for the costs of complying with U.S. financial or environmental regulations that apply equally to domestic and foreign firms.
snip
The leak also reveals that:
Australia has refused to submit to the jurisdiction of the “investor-state” private corporate enforcement foreign tribunal system;
U.S. negotiators are alone in seeking to expand this extra-judicial enforcement system to allow the use of foreign tribunals to enforce contracts that foreign investors may have with a government for government procurement or to operate utilities contracts and even related to concessions for natural resources on federal lands;
Other countries are proposing safeguards for financial regulation and limits to the corporate tribunals that the U.S. has not supported.
Public Citizen’s analysis of the leaked text and guided tour through its provisions can be found here.
http://www.citizen.org/documents/Leaked-TPP-Investment-Analysis.pdf
after they’ve confined us all to cities, they plan to harvest our natural resources for their personal gain- Agenda 21
• U.S. negotiators are alone in seeking to expand this extra-judicial enforcement system to allow the use of foreign tribunals to enforce contracts that foreign investors may have with a government for government procurement or to operate utilities contracts and even related to concessions for natural resources on federal lands;