Loc: Waterloo, NY
DO YOU WANT an all-powerful Monsanto? A provision of the Trans-Pacific Partnership (TPP) “trade” deal called Investor-State Dispute Settlement (ISDS) would allow Monsanto to sue any nation bound by the TPP contract (Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam) for potential lost profits as a result of GMO or pesticide regulations. Have GMO labeling or cultivation bans within your borders? Get ready to go to court. Monsanto’s court, that is. With ISDS, Monsanto can take its case before an international corporate court where corporate lawyers are the judges. And the ruling can’t be challenged in the defending nation’s courts. HELLO, GMO & PESTICIDE TAKEOVER. GOODBYE, NATIONAL SOVEREIGNTY.
Fast Track (formally known as Trade Promotion Authority) is a power given to the President by Congress and would allow the President to push the TPP deal through without any Congressional debate or public review.