wherein corporations can sue for 'loss of expected profits'
http://www.youtube.com/watch?v=-Zr5C6GqubQ
Margaret Flowers and Kevin Zeese: Obama led trade initiative Trans Pacific Partnership aims to isolate China while strengthening corporate legal rights
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Can a "Dracula Strategy" Bring Trans-Pacific Partnership into the Sunlight?
A highly secretive trade agreement aims to penalize countries that protect workers, consumers, and the environment. Luckily, the growing opposition goes beyond the usual trade justice suspects ...
"They’ve misbranded the TPP as a model 21st-Century “trade” deal to try to sell it with the usual false promises of it expanding exports. But only two of the TPP’s 29 chapters are about “trade.” Most of the TPP’s proposed provisions instead comprise a corporate power grab. The TPP would include extreme protections for foreign investors, which would help corporations offshore American jobs to low-wage countries. These terms would require governments to provide foreign investors a guaranteed “minimum standard of treatment” when they relocate, including special privileges and rights that domestic firms and investors do not enjoy. Foreign firms—or foreign subsidiaries of U.S. firms—could extract unlimited amounts of taxpayer money as compensation when investors claim that U.S. government actions undermine a corporation’s expected future profits."