So there are 600 corporate advisers negotiating the Trans-Pacific Partnership in secret! Who is negotiating on behalf of the U.S. citizens?
The track record of former trade agreements has not been good. NAFTA cost the U.S. 650,000 jobs that hit mainly the middle class. And the damage done to the environment by international companies is horrific, as noted in the news.
Besides perhaps certain job loss, the worst side effect of this pact is the environmental impact. I researched litigation against corporations that have done environmental damage and found very few cases settled in which the corporations are held to their responsibility for restitution. They are free from enforcement of conservation regulation, and companies like Exxon Mobil and Dow Chemical Co. have sued 100 countries against regulation.
In leaked TPP memos we see that that freedom expanded. If a foreign company turned our Valley water into sludge, we would have no recourse in the courts because the company would not have to abide by our Clean Water Act standards.
Chemical and energy companies must respect every country’s right for clean air and water. Any pact must ensure that.