Saturday, 21 June 2014

All about TISA

Ladies and gentlemen, if you have been keeping track of news from left-wing sources, you will already know about the dangerous Transatlantic Trade and Investment Partnership (TTIP) and Trans-Pacific Partnership (TPP) which are part of a global corporate power grab to effectively give multinational corporations the ability to override any democratically elected government anywhere these agreements cover. Nations participating in these agreements have done their best to keep these negotiations secret from the general public who will be affected by them.

I have now learned about an even more secret proposed agreement- TISA, the Trade In Services Agreement. Wikileaks has revealed that a clause within TISA means that it cannot be revealed for five years after it has passed. 

It is the third prong of this global corporate power grab that is planned to manifest in full by the end of this year- which I will refer to as the golden trident of greed, an allusion to the golden calf of Biblical legend. TISA will expand the General Agreement in Tariffs and Services (GATS), a key pillar of the infamous World Trade Organisation (WTO), even further in the nations involved in the agreement. TISA will, if passed:

1. Prevent any necessary reforms of finance in signatory nations, even though most of these signatories were severely affected by the Great Recession.
2. Severely hamper privacy of our personal data by allowing it to be shared freely by online companies.
3. Lock-in privatisation of almost all public services-TISA, like TTIP and TPP, will almost certainly include an Investor State Dispute Settlement (ISDS) mechanism.
4. Stop any further regulation of markets and finance, in general.

It is clear that like TTIP and TPP, the TISA must be stopped, by any means, as soon as possible. And as with TTIP and TPP, transatlantic cooperation will be needed- transatlantic problems like these 'free trade agreements' require transatlantic solutions to stop them.

You can find more about what has been leaked about TISA if you search carefully.




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