. CAFTA contains over 1,000 pages of international law, establishing property rights for foreign corporations.God, I hope so. I can't wait for those Central American powerhouses go up against the likes of Proctor & Gamble and General Electric.
. Chapter 10 of CAFTA outlines a tribunal system under which foreign corporations, operating in the United States, are granted greater property rights than U.S. law provides for U.S. citizens.Oh, really? Care to provide the section of Chapter 10 where that is the case?
. CAFTA empowers foreign corporations to go to the United Nations, and World Bank tribunals to challenge both state laws, and U.S. federal policies.Bzzt. There is a dispute process outlined in the Agreement, but nothing like the one "you" [I'm placing the quotation marks simply because I suspect you cut & pasted from some raving moonbat website] describe.
. Through international tribunals, foreign owned corporations can demand compensation, (funded by American taxpayer dollars) for the losses caused by complying with the policies and regulations that apply to all U.S. citizens and businesses.
I simply have to see this.
>"God, I hope so. I can't wait for those Central American powerhouses go up against the likes of Proctor & Gamble and General Electric."<
Glad you mentioned General Electric.
GE and several other "American" corporations have been doing business in Iran and Syria. Two countries well known to be involved in Islamic terrorism. Syria may well have taken in Saddams WOD's. But GE apparently, doesn't give a damn.
Is that in the best interests of America? I don't believe so. I'm not saying that all corporations are that bad, but they aren't neccessarlily concerned with the best interests of the American people, either. If an American corporation like GE has that little concern for our country, then how much less concern would foreign corporations have? I believe it's a legitimate question.
lightislife, I appreciate your comment, and it's a reasonable one. It's nice to have a polite and civil conversation about this. 1rudeboy; your nic is appropriate.
1rudeboy:>"I simply have to see this."<
I believe it's Annex 10-C
I believe Annex 10-F addresses appeals.
http://www.sice.oas.org/TPCStudies/USCAFTAChl_e/Matrix10.htm#Annex_10-FDRCAFTA