we've been telling you a decent amount
about TPP right so that's the
transpacific partnership it's a trade
deal that gives away a lot of our
sovereignty now that's super relevant
because corporations say hey if you try
to regulate me whether I'm putting toxic
uh material in the air the water as an
example um you're preventing my future
profits so I get to sue you in an
international court and stop your
ability to protect your community it's
amazing it's an amazing giveaway of
democracy okay so whatever else you
might like or dislike in the trade deal
on that alone there's no way you can do
it but TBB is not the only trade deal
they're working on they're also working
on uh Tissa which is trade and services
agreement now in there is a provision
that uh revolves around the banks so uh
this is thrown in there uh to protect
them now listen careful I'm going to
tell you what's in there and then we
will analyze what it means they say here
in public services International report
the St Clause would lock in current
levels of service
liberalization in each country
effectively Banning any moves from a
market-based to a state-based provision
of Public Services this Clause would
prohibit the creation of public
monopolies in sectors that are currently
open to private sector
competition so hold I'm going to explain
what that means that sounds complicated
but there's a simple explanation they
continue similarly the ratchet Clause uh
would automatically lock in any Futures
action taking to liberalize services in
a given country if a government did
decide to privatize a public service
that government would be unable to
return to a public model at a later date
now this is not strictly for the banks
I'll give you an example that is not
about the banks for example some
countries have tried to turn water and
some even electricity into private hands
this it used to be a public utility in
that country and they would they
privatize it now we nearly had riots and
revolutions based on this because then
companies would start charging
exorbitant rates for water and local
people couldn't afford it if you're poor
water's not an option for you you can't
it would rain and the company would say
that that is my rain my water I have the
rights to it you're not allowed to
collect that water and drink it for free
unbelievable now what this would do is
if you ever privatized anything like
water electricity Etc sorry you're
locked in forever okay you cannot then
make it public utility again now why the
banks why is this most relevant to them
well some places like Iceland after the
bank crash nationalized their Banks now
that was the right strategy because it
wound up leading to a great economic
recovery in the long term and right now
they have one of the healthiest
economies in Europe and it's wasn't
meant to keep the banks National forever
it wasn't they weren't changing their uh
form of of uh the market economy that
they had all they were doing was hey
these banks are in a lot of trouble
we're going to rescue them but when we
do we should get the profits back uh
because we're the ones putting the money
in and once they are stabilized we will
privatize them again which is exactly
what happened now this would prevent
that you're never allowed to nationalize
the banks they're private they cannot go
back to being public ever so if there's
another crash sorry uh you're going to
have to pay all my bills uh you can't
then if you rescue me you can't expect
the profit back like any regular invest
wood because that you would be
publicizing the banks you would be
making them public and then that is not
allowed according to this new Trade
Agreement now that's a pretty big deal
if you lock that into place that gives
them an enormous and in completely
unfair advantage and might screw over
the local populations in any country
whether it's Bolivia it's Argentina or
here in the United
States so they've got to of course keep
a secret here's another ision we found
out about on June 3rd 2015 Wikileaks
released 17 key documents related to
Tissa which is considered perhaps the
most important of the three Deals being
negotiated for FastTrack trade Authority
the documents were supposed to remain
classified for five years after being
signed displaying a level of secrecy
that outstrips even the tpp's 4-year
classification so this is so
important and so dangerous
that the public is not allowed to know
it about it when they are negotiating it
of course we only know because of the
leaks right thank God for those that
we're supposed to be in a democracy but
our government is giving away our
democracy to multinational corporations
and we're not supposed to find out about
it and people who tell us about it get
punished in a so-called democracy right
and then afterwards you're still not
supposed to find out about it for five
years as it's in place gee I wonder why
they want it to be secret now if it if
it was lovely and it was great for the
American people and the people across
the world wouldn't you want them to know
hey look at this great trade agreement
we did look at all the wonderful
benefits it has for
you because the benefits are pretty
wonderful but they're for the
multinational corporations that are
negotiating this amazing isn't it they
can find out anything about the deal
they often times write the deal so the
multinational
corporations have the right to make
these laws to supersede American law and
the American people do not have the
right to find out about it now who do
you think has more rights the Supreme
Court said that corporations are human
beings and have all of the
constitutional rights of human beings
they said they are people according to
law okay now they also have extra rights
they have the right to to come up with
new laws and make sure you don't find
out about and the whole point of a
corporation was limited liability in the
first place that's also extra rights
that a human being doesn't have so the
people that set up a corporation often
times can't get sued because of that
limited liability extra rights we have
created these are legal fictions they
didn't exist in the world it wasn't like
oh back in the day when we came out of
Africa there was the Lions the gorillas
and the corporations no corporations are
legal fictions we created them they they
are machines built for a purpose the
purpose initially was just limited
liability they didn't have all those
other rights now they have run a muck
they've taken over the government they
are robots that have not we have not
built any morality code into they're not
built to be immoral they're not built to
be moral they're built to be amoral
their only objective according to their
code which we wrote originally is to
maximize profits and here they have done
what a robot does they have decided if I
take over a government by bribing
legally if I change the laws to be able
to legally bribe the politicians who
also then nominate Supreme Court
Justices I can buy the whole government
if I buy the government I could rewrite
the laws so I'm in charge and that
government is not in charge and the
people we care about them least of all
they're in our way as we maximize
profits we have built robots they have
taken over and now they're about to
destroy our laws and our
democracy that is why we object to these
trade
agreements and of course everybody in
the establishment that that is funded by
those
robots fighting tooth and nail to make
sure that this happens there are some
progressives and some conservatives who
are principled who are fighting against
it but the establishment of the
Republican party and the Democratic
party of course uh primarily Barack
Obama the guy who promised this changed
uh is doing the exact opposite they are
fighting on behalf of multinational
corporations that have funded their
campaigns for time immemorial so Barack
Obama works for them Mitch McConnell
works for them John B works for them
they don't work for us and they're
trying to steal our democracy in the
middle of the night while we're not
looking while we're not allowed to look
that's what these trade agreements are
about okay I know uh we're we're Wildey
radicals because we actually read the
contracts and the trade agreements that
are now some portions are our public
Joseph stiglet agrees with all this he's
only won a couple of Nobel prize in
economics what would he know yeah I know
we're we're the radicals