hi Egon (my last post for the afternoon, i have some deadlines that are crushing me at work),
i don't quite understand the point you're trying to make. i'll say this, though…the government in Mexico is pretty corrupt, it's a strange nation - and if you're trying to do business there, particularly business that involves the investment of millions upon millions of dollars, its good to have some ground rules.
i don't see what you're getting so energized about, really. this kind of thing happens in businesses that are profit driven (and most businesses are generally driven by profits). the same thing happened in New England with Evergreen Solar. local interests invested heavily in propping up the company and when the business itself turned out to not be viable, the owners of Evergreen just closed up shop and moved to China.
this is what happens when the bottom line can't be met, but i don't see anything particularly villainous about it. i felt bad for the folks in New England when it happened, but sometimes bets pay off, and sometimes they don't.
i gave you one example, i could give you more, but you seem pretty glued to your thesis no matter what the actual facts are.
i get it, you're a zealot.
its cool.
- IGIT
I edited my post because I thought maybe you couldn't handle the cursing, seeing as you're always so polite. A bit goofy, but polite.
You gave me one example, in Canada, so I asked for another example in a less powerful nation, seeing as that might be more relevant with the coming TPP. Most of the signatory nations are not as powerful as Canada. It's a perfectly reasonable request. As to you not understanding the point I was making... any literate person should have been able to understand the point I was making, that less powerful nations would have a tougher time taking American corporations to court and winning, so that's on you... and frankly it wasn't all that zealous of a post.
And it's a good thing Canada has the resources it does! Here, lets take a look at some other examples of how NAFTA has been used:
http://www.huffingtonpost.ca/2015/01/14/canada-sued-investor-state-dispute-ccpa_n_6471460.html
I've picked some of the relevant points:
“Thanks to NAFTA chapter 11, Canada has now been sued more times through investor-state dispute settlement than any other developed country in the world,” said Scott Sinclair, who authored the study.
The 35 claims brought against Canada comprise 45 per cent of the total number of claims under NAFTA. That’s significantly more than Mexico’s 22 or the 20 brought against the U.S.
Canada has lost or settled six claims paying a total of $170 million in damages, while Mexico has lost five cases and paid out $204 million. The U.S.,meanwhile, has won 11 cases and has never lost a NAFTA investor-state case.
Canada is the most-sued country under the North American Free Trade Agreement and a majority of the disputes involve investors challenging the country’s environmental laws.
What I got "so energized about" is how incredibly shady the deal in Hamilton with U.S. Steel was. Did you even read what I wrote? U.S Steel wouldn't let Stelco
BID, on their bread and butter, the contracts that kept them in business... they intentionally tanked them to sell off their assets, even though they borrowed Canadian taxpayer money to set up there in the first place! There are 60 thousand human beings who could still be going to work if U.S Still hadn't bid with the intention of fucking them over. Some other company could have come in and operated in the way the deal was intended, which would have kept Stelco open. But U.S Steel undercut them because they had a plan to make a quick buck at the expense of people in a community. There are human beings involved in these deals, peoples livelihoods and families are on the line, the cold way you talk about this stuff is pretty sick and weird, it's far stranger than a little bit of human emotion coming out and forming a curse word or two.
Why are you so pumped up about "IP rights" of all things!? Do you think this deal is going to benefit American musicians? Those IP rights are for generic drugs, American pharmaceuticals are trying to stop medicine from reaching sick people unless they control the price and profits of that medicine.
http://www.cbc.ca/news/business/eli...it-against-canada-over-drug-patents-1.1829854
Ely Lilly is contending that the court decisions constitute an expropriation of the "exclusive rights" conferred to Eli Lilly under the two drug patents, the company said in the notice of intent to submit a NAFTA claim filed June 13.
By stripping the company of its patents before they were expired, the courts deprived Eli Lilly of its "exclusive rights to prevent third parties from making, using or selling its patented product during the patent term" and cost the company money, the drug maker said.
In Canada, fair game, sue away - in Vietnam, or other places where medicine is hard to reach, this is going to be a serious issue that will cost lives.
Look at some of the leaked documents and how they pertain to the environment:
https://wikileaks.org/tppa-environment-chapter.html
Instead of a 21st century standard of protection, the leaked text shows that the obligations are weak and compliance with them is unenforceable. Contrast that to other chapters that subordinate the environment, natural resources and indigenous rights to commercial objectives and business interests. The corporate agenda wins both ways.
I did a read through and that wikileaks summary is correct. All the measures concerning environmental protection are "voluntary", everything they talk about is "voluntary incentives" - they also stress that local environmental protection laws should be obeyed, but laws are easily changed by lobbyists with a tremendous amount of money and resources at their disposal, especially in weaker countries with no environmental lobby and underfunded political campaigns.
Your support of this TPP is founded on, what, exactly, other than the graph you posted that supported NAFTA because "trade went up" and blamed all the job loses that came after on "Technology and China"...? No credit for technology on the increase in trade though, and who cares what workers are being paid, right? All that matters is "trade went up" so everything else is a wash?