by Robert Reich, re: TPP
More evidence about the dangers of the Trans Pacific Partnership comes today with news that Bill Gates and Michael Bloomberg are setting up a $4 million "anti tobacco trade litigation fund" to help developing countries ward off legal action from the tobacco industry over antismoking measures. The tobacco industry has been taking developing nations to international tribunals established under other trade deals that allow big corporations to sue countries over regulations (like those discouraging smoking) that impinge on corporate profits, and force those countries to either rescind the regulations or pay for the losses.
The Trans Pacific Partnership would give big corporations even greater powers to attack health, safety, environmental, financial, or labor protections in whatever country establishes them (including the U.S.). Not even Bill Gates and Michael Bloomberg have enough dough to bail us out.
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their pills. Big petroleum could sue over the denial of Keystone XL and fracking bans. The telecoms could sue over net neutrality. And they would be virtually guaranteed to win since the judges in these rigged tribunals will be industry insiders.
Yeah. We won't be fucked at all. 
