kidicarus20
31st July 2002, 08:51
The FTAA allows corporations to challenge nations laws. It's not about trade, it's about forcing corporationism onto other countries. this is awful.
"FOR IMMEDIATE RELEASE: Contact: Chris Slevin (202)
454-5140
July 27, 2002 3:00 a.m.
Midsummer Night=s Massacre: Controversial 304-page
[email protected] Bill Few Have Read Is Rammed Through Congress
at 3:30 AM
by Razor Thin Margin
Statement of Lori Wallach, Director of Public
Citizen=s Global Trade Watch:
This travesty of a vote will be remembered as the
Midsummer Night=s Massacre, where growing popular
concern about corporate-led globalization was shot
down in favor of a backwards policy combining
corporate managed trade and global deregulation of
basic consumer, environmental and other public
interest standards.
Over the past decade, public opposition to NAFTA-style
trade deals has grown so strong that now the only way
to move this policy is to ram through at 3:00 a.m. in
the dark of night 304 pages of legislation combining
five different trade bills which was unavailable for
public or congressional review until hours before the
vote.
This Fast Track bill is supposed to set the next five
years of U.S. trade and globalization policy. If U.S.
negotiators follow the outrageous agenda in this bill,
including a 31-nation NAFTA expansion and global
deregulation of food safety, accounting, energy and
other standards, the resulting agreements would be
dead on arrival in Congress and in the court of public
opinion.
A tidal wave of hypocrisy ripped through Washington=s
wee hours. It has been a tawdry spectacle to watch the
GOP House leadership and President Bush ramming
through a [email protected] bill which has as its main agenda
promoting massive global corporate deregulation just
hours after crowing about passage of new regulations
aimed at the corporate crime wave caused by the very
sort of deregulation this bill promotes globally.
The trade package included authorization to negotiate
a 31-nation Free Trade Area of the Americas NAFTA
expansion, new limits on enforcement of labor or
environmental standards in trade agreements, a modest
Trade Adjustment Assistance program, and an expansion
to more nations of the investor-to-state lawsuits of
the North American Free Trade Agreement, which allows
foreign corporations to challenge domestic regulatory
standards before trade tribunals if they limit future
expected profits.
"
"FOR IMMEDIATE RELEASE: Contact: Chris Slevin (202)
454-5140
July 27, 2002 3:00 a.m.
Midsummer Night=s Massacre: Controversial 304-page
[email protected] Bill Few Have Read Is Rammed Through Congress
at 3:30 AM
by Razor Thin Margin
Statement of Lori Wallach, Director of Public
Citizen=s Global Trade Watch:
This travesty of a vote will be remembered as the
Midsummer Night=s Massacre, where growing popular
concern about corporate-led globalization was shot
down in favor of a backwards policy combining
corporate managed trade and global deregulation of
basic consumer, environmental and other public
interest standards.
Over the past decade, public opposition to NAFTA-style
trade deals has grown so strong that now the only way
to move this policy is to ram through at 3:00 a.m. in
the dark of night 304 pages of legislation combining
five different trade bills which was unavailable for
public or congressional review until hours before the
vote.
This Fast Track bill is supposed to set the next five
years of U.S. trade and globalization policy. If U.S.
negotiators follow the outrageous agenda in this bill,
including a 31-nation NAFTA expansion and global
deregulation of food safety, accounting, energy and
other standards, the resulting agreements would be
dead on arrival in Congress and in the court of public
opinion.
A tidal wave of hypocrisy ripped through Washington=s
wee hours. It has been a tawdry spectacle to watch the
GOP House leadership and President Bush ramming
through a [email protected] bill which has as its main agenda
promoting massive global corporate deregulation just
hours after crowing about passage of new regulations
aimed at the corporate crime wave caused by the very
sort of deregulation this bill promotes globally.
The trade package included authorization to negotiate
a 31-nation Free Trade Area of the Americas NAFTA
expansion, new limits on enforcement of labor or
environmental standards in trade agreements, a modest
Trade Adjustment Assistance program, and an expansion
to more nations of the investor-to-state lawsuits of
the North American Free Trade Agreement, which allows
foreign corporations to challenge domestic regulatory
standards before trade tribunals if they limit future
expected profits.
"