The Sovereign Voice issue 4 | Page 86

interest as attested to by all of the bribed and coerced trade representatives. These “trade pacts” originate in the US, because American global corporations and the American mega-banks are the largest players in the world economy, and the agreements that the corporations walk through the process give the American companies economic hegemony over the countries that sign the agreements. The Trans-Atlantic and Trans-Pacific “partnerships” are tools of US financial imperialism. Today (May 3, 2016) I debated on Press TV Sean O’Grady, the financial editor of the UK newspaper the Independent. It is extraordinary that O’Grady took a line totally opposite to that of his newspaper. I suggested to him that perhaps he should read his own newspaper. Today an article in the Independent reported that the leaked “documents show that US corporations will be granted unprecedented powers over any new public health or safety regulations to be introduced in future. If any European government does dare to bring in laws to raise social or environmental standards, TTIP will grant US investors the right to sue for loss of profits in their own corporate court system that is unavailable to domestic firms, governments or anyone else. For all those who said that we were scaremongering and that the EU would never allow this to happen, we were right and you were wrong.” As I understand it, the situation is worse than the article describes. TTIP applies to laws already on the books, such as France’s laws against GMO seeds and food products. The Independent article continues: “Today’s shock leak of the text of the Transatlantic Trade and Investment Partnership (TTIP) marks the beginning of the end for the hated EU-US trade deal, and a key moment in the Brexit debate. The unelected negotiators have kept the talks going until now by means of a fanatical level of secrecy, with threats of criminal prosecution for anyone divulging the treaty’s contents. “Now, for the first time, the people of Europe can see for themselves what the European Commission has been doing under cover of darkness – and it is not pretty. The leaked TTIP documents, published by Greenpeace this morning, run to 248 pages and cover 13 of the 17 chapters where the final agreement has begun to take shape. The texts include highly controversial subjects such as EU food safety standards, already known to be at risk from TTIP, as well as details of specific threats such as the US plan to end Europe’s ban on genetically modified foods. “The leaked texts also reveal how the European Commission is preparing to open up the European economy to unfair competition from giant US corporations, despite acknowledging the disastrous consequences this will bring to European producers, who have to meet far higher standards than pertain in the USA. “According to official statistics, at least one million jobs will be lost as a direct result of TTIP – and twice that many if the full deal is allowed to go through. Yet we can now see that EU negotiators are preparing to trade away whole sectors of our economies in TTIP, with no care for the human consequences. “The European Commission slapped a 30-year ban on public access to the TTIP negotiating texts at the beginning of the talks in 2013, in the full knowledge that they would not be able to survive the outcry if people were given sight of the deal. In response, campaigners called for a ‘Dracula strategy’ against the agreement: expose the vampire to sunlight and it will die. Today the door has been flung open and the first rays of sunlight shone on TTIP. The EU negotiators will never be able to crawl back into the shadows again. TheSovereignVoice.Org