TTIP – Transatlantic Trade and Investment Partnership is a ‘free trade’ agreement between the US and the EU.
What is TTIP About?
TTIP is not about trade, it is in fact a corporate coup that will put power and money into the hands of corporations and away from the elected government.
Those that stand to profit are the banks and other financial service firms that caused the economic crisis that has resulted in welfare cuts and financial hardship for ordinary people.
This deal, primarily in the interests of transnational corporations and especially financial service corporations, aims to increase corporate power while diminishing governments’ abilities to control transnational corporations or to legislate for public benefit.
TTIP will achieve this by limiting the laws that governments can pass to regulate or publicly run various economic sectors resulting in the following:
• Any corporation which is “expropriated” from its existing investments becomes entitled to market value compensation, plus compound interest.
• Allowing free movement of workers among all signatory countries.
• A proposal to allow corporations to bring actions against governments for breach of its rights.
Is What We’re Being Told True?
TTIP is being promoted as positive for ‘jobs and growth’ but the negotiations are being kept secret until the agreement is passed. Public information has coming from leaked documents.
Once the deal is in place, those commitments made in secret will be effectively permanent, for us and for future generations.
However it stands to threaten the infrastructure of all our lives and cause detrimental changes to the following essential areas intrinsic to the quality of your lives: