2016 Postmortem
Related: About this forumThe Standstill Provision of the Corporate World; Crisis Could Come To Consumers and Governments.
http://www.alternet.org/corporate-accountability-and-workplace/another-atrocious-corporate-trade-scheme-planned-secret-comes?This time the leak is the Financial Services Annex of the Trade in Services Agreement (TISA). It shows that the TISA negotiations are an effort to not only undo the minimal regulation of Wall Street that occurred after the financial crash, but to further deregulate financial markets worldwide. As WikiLeaks words it, Despite the failures in financial regulation evident during the 2007-2008 Global Financial Crisis and calls for improvement of relevant regulatory structures, proponents of TISA aim to further deregulate global financial services markets.
Armstead
(47,803 posts)This ,kind of flim flam needs more vivibility.
Why the hell are we willingly surrendering our right to regulate the economy ?
Wounded Bear
(58,648 posts)blkmusclmachine
(16,149 posts)Sunlei
(22,651 posts)We are the consumers, no one forces us to buy their products or use their services.
By the way, where are Americans "Post Office banks" , President Obama mentioned about 6 months ago.
Plenty of Americans do not have a bank account. Numbers are about 30% now.
All the major banks charge fees, especially to low income persons.
About 50% of Americans live below the poverty level. Americans really need a bank that is not as dedicated to earning a couple hundred dollars a year in fees from each 'little person'.
Banks get 2% right off the top of every debit card use across America. Those billions in profits should be enough for banks, but its not.