Friday, March 27, 2015

Wikileaks: Secret TPP "Investment Chapter" proposes tribunal for corporations to sue governments!


Who owns the world?
WikiLeaks Reveals TPP Proposal Allowing Corporations to Sue Nations
   
WikiLeaks has published a leaked chapter of the secret Trans-Pacific Partnership — a global trade deal currently being negotiated between the United States and 11 Latin American and Asian countries. The TPP would cover 40 percent of the global economy, but details have been concealed from the public. Now, WikiLeaks has released the "Investment Chapter," which highlights the intent of U.S.-led negotiators to create a tribunal where corporations can sue governments if their laws interfere with a company’s claimed future profits. WikiLeaks warns the plan could "chill the adoption of sane" health and environmental policies.


Question: Let's imagine. How would this play out in real life if adopted, in the context of Toyota and SUA?


Theoretically, a lawsuit could be filed by Skadden on behalf of Toyota, against NHTSA, Congress, and the DOJ, which would then be the defendants!


The lawsuit would claim that the US government has unlawfully interfered with Toyota's basic right to make a profit with whatever cars it cares to sell, no matter how unsafe they may be, and has violated Toyota's free speech rights re its claims of safety in its advertising.




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