TTIP IS A VERY BAD IDEA
TTIP IS A VERY BAD IDEA
If TTIP goes ahead you don't need to be a genius to realise that the UK Government deficit will balloon out of control.
http://www.independent.co.uk/voices/comment/what-is-ttip-and-six-reasons-why-the-answer-should-scare-you-9779688.html
Here are six other reasons why we should be scared of TTIP, very scared indeed:
1 The NHS
Public services, especially the NHS, are in the firing line. One of the main aims of TTIP is to open up Europe’s public health, education and water services to US companies. This could essentially mean the privatisation of the NHS.
The European Commission has claimed that public services will be kept out of TTIP. However, according to the Huffington Post, the UK Trade Minister Lord Livingston has admitted that talks about the NHS were still on the table.
2 Food and environmental safety
TTIP’s ‘regulatory convergence’ agenda will seek to bring EU standards on food safety and the environment closer to those of the US. But US regulations are much less strict, with 70 per cent of all processed foods sold in US supermarkets now containing genetically modified ingredients. By contrast, the EU allows virtually no GM foods. The US also has far laxer restrictions on the use of pesticides. It also uses growth hormones in its beef which are restricted in Europe due to links to cancer. US farmers have tried to have these restrictions lifted repeatedly in the past through the World Trade Organisation and it is likely that they will use TTIP to do so again.
3 Banking regulations
4 Privacy
5 Jobs
The EU has admitted that TTIP will probably cause unemployment as jobs switch to the US, where labour standards and trade union rights are lower.
6 Democracy
TTIP’s biggest threat to society is its inherent assault on democracy. One of the main aims of TTIP is the introduction of Investor-State Dispute Settlements (ISDS), which allow companies to sue governments if those governments’ policies cause a loss of profits. In effect it means unelected transnational corporations can dictate the policies of democratically elected governments.
Canada’s government was successfully sued for daring to turn down a large mining quarry which threatened to cause environmental damage in Nova Scotia.
Other cases
Philip Morris the Marlboro maker is suing Uruguay – population 3.4 million – over its decision to increase the size of health warnings on cigarette packets from 50 per cent of the cover to 80 per cent. he Marlboro maker is suing Uruguay – population 3.4 million – over its decision to increase the size of health warnings on cigarette packets from 50 per cent of the cover to 80 per cent.
Tobacco giant Philip Morris is suing Australia for billions of dollars in lost profits because the government took action to reduce teenage smoking.
Pharmaceutical giant Eli Lilly is suing Canada for $500 million, just because Canada has laws to keep essential drugs affordable.
Worst of all, these cases are happening in secret international courts to which only corporations have access.
What could possibly go wrong?