| On paper,the Senate bill's "benign" goal is to ensure that new rules appropriately balance costs and benefits.But this is simply a euphemism for more deregulation, which itself is a euphemism for unleashing the corporate hounds on a hapless public. The bill would hollow out protection for investors, patients,consumers and workers.For example,it would essentially eliminate the possibility of the meager financial reforms in Dodd-Frank from ever seeing the light of day.This bill is just a warm-up act. While the public and the media sleep, the real corporate "Death Star," the TransPacific Partnership (TPP), is being forged in secret. The term "partnership" hardly sounds ominous.But for the last two years TPP negotiations that could have unprecedented consequences to citizens throughout the world have been going on among a dozen Pacific Rim nations.No information has been made available |
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At truth-out.org
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