Our Trojan Horse President

I am not an economist, not even close, but Joseph Stiglitz is. Stiglitz is actually a Nobel Prize winning economist, former Chair of President Clinton's Council of Economic Advisers, and former chief economist for the World Bank. Joseph Stiglitz is positively terrified of the Trans-Pacific Partnership (TPP) deal being pushed rabidly by President Obama. Because he is, I am also frightened by what this "deal" portends.

Stiglitz [points out the following]:

• Fundamental to America's system of government is an impartial public judiciary, with legal standards built up over the decades, based on principles of transparency, precedent, and the opportunity to appeal unfavorable decisions. All of this is being set aside, as the new agreements call for private, non-transparent, and very expensive arbitration. Moreover, this arrangement is often rife with conflicts of interest; for example, arbitrators may be a "judge" in one case and an advocate in a related case.
• If there ever was a one-sided dispute-resolution mechanism that violates basic principles, this is it. That is why I joined leading U.S. legal experts, including from Harvard, Yale, and Berkeley, in writing a letter to President Barack Obama explaining how damaging to our system of justice these agreements are.
• Rules and regulations determine the kind of economy and society in which people live. They affect relative bargaining power, with important implications for inequality, a growing problem around the world. The question is whether we should allow rich corporations to use provisions hidden in so-called trade agreements to dictate how we will live in the twenty-first century. I hope citizens in the U.S., Europe, and the Pacific answer with a resounding no.

At the core of this Nobel Laureate's argument against the TPP deal is the simple fact that legal authority - basic, bedrock legal authority - would be transferred from the sovereign courts of the United States to multinational corporations if this "deal" comes to pass. Note well, also, this statement from Stiglitz: "Though corporations can bring suit, others cannot. If there is a violation of other commitments - on labor and environmental standards, for example - citizens, unions, and civil-society groups have no recourse."

That is utterly intolerable, and it's what the president wants.

http://www.truth-out.org/opinion/item/30815-the-trojan-horse-president

Our form of government is undergoing fundamental changes, and there has not even been a single open, informed debate whether this is what We The People want.

This is the very definition of tyranny.

What the hell is going on?