Intel's Ronler Acres Plant

Silicon Forest

Monday, May 15, 2017

Another Example of Why Mass Media is the Shitz

I've heard of the TPP (Trans-Pacific Partnership) trade agreement, but that is all I've really heard, there's a proposed trade agreement, some people are in favor or it, and some are opposed, but I never got a clear understanding of why before today. Marcel posts a link to an article that contains this bit, that does:
Of the countries geographically able to join the value-chain revolution, the ones that succeeded have agreed to low tariffs, introduction of Western-style peripheral services (express delivery, broadband, etc.), and a business-friendly legal regime, including submission to the Investor-State Dispute Settlement, which permits corporations to seek arbitration before multi-national bodies. (The prospect that the United States would wind up answerable to these bodies was the strongest argument against the Obama Administration’s Trans-Pacific Partnership [TPP], which the Trump Administration has now scuttled.) - SENDING JOBS OVERSEAS By: Christopher Caldwell (emphasis mine).

No comments: