You may be about to give $100 of your tax money to Keystone XL executives - are you happy?
Bill Clinton signed into law NAFTA, a trade deal that Hillary strongly supported. Bernie Sanders voted against it. Are you sure you want Billary in the White House again? The Sierra Club just released this interesting tidbit:
"As Tax Day approaches, what if I told you a portion of your taxes, about $100 of each individual tax return in the U.S., could end up in the pockets of TransCanada executives?1
Multinational corporations are increasingly using investor-state dispute settlement (ISDS), a little-known set of rules in trade deals, to retaliate against countries that enact climate protections or reject dirty fossil fuel projects. After President Obama's rejection of Keystone XL, for example, TransCanada unveiled plans to use rules in the 1994 North American Free Trade Agreement (NAFTA) to sue the United States in a private trade tribunal to the tune of $15 billion.
Our new report details how the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP), two looming trade deals, would make matters worse. Protections against fracking, offshore drilling, dirty pipelines, and fossil fuel extraction on public lands would increasingly come under fire by multinational corporations, seeking "compensation" for policies that hurt their bottom lines.
The Sierra Club April 15, 2016"
FEEL THE BERN - 2016