RT - A letter leaked by WikiLeaks reveals that CBC, Canada Post and other Crown corporations could be forced to work solely for profit under the US-led Trans-Pacific Partnership free trade agreement currently being negotiated in Maui, Hawaii.
TPP could have the power to force state-owned enterprises such as news organizations and postal services to abandon their public service mandate and embrace a profit-only approach, says the leaked confidential letter titled ‘State-Owned EnterprisesIssues for Ministerial Guidance’.
The document was put together for a TPP Ministerial Meeting held in Singapore in December 2013. It outlines “a wide-ranging privatization and globalization strategy,” according to WikiLeaks.
“Even an SOE that exists to fulfill a public function neglected by the market or which is a natural monopoly would nevertheless be forced to act ‘on the basis of commercial considerations,’” WikiLeaks said in a statement that introduces the document. “Foreign companies would be given standing to sue SOEs in domestic courts for perceived departures from the strictures of the TPP, and countries could even be sued by other TPP countries, or by private companies from those countries.”
1 comment:
Lets see now banks can gamble in derivatives, but their losses are forced on taxpayers, in the form of bailouts.
Corporations say they are the forefront of capitalism, but they can't survive or thrive without constant taxpayer billions in subsidies, low tax rates and yearly tax cuts.
And finally global trade is the only way for economic growth to begin in earnest, but the growth is solely profits gained by stealing and using Nation State taxpayers as virtual ATM's because businesses have only been 'speculating' ---NOT creating products or real growth revenue.....
Since, this is corporate welfare in all its lowest forms,--- it has all been done in secret as have all the trade agreements.
The pattern is final and taxpayers should begin now, to say, corporations and banks are not sustainable when compared to medium and small businesses, who have proven to be the only enterprises to actually create tangible jobs and economic growth, ever.
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