A Razor Blade In The Apple

Buzzfeed:

The secretive private legal system written into many international trade treaties is the epitome of a “rigged game,” Sen. Elizabeth Warren told BuzzFeed News. But it is not set in stone, she said. In an interview in her office on Capitol Hill, she outlined three steps that could get rid of it entirely.

This legal system, which empowers foreign businesses to sue entire countries for hundreds of millions or even billions of dollars, was the subject of an 18-month investigation by BuzzFeed News published last week. Among the findings: Executives convicted of crimes have used the system to avoid punishment, and companies have used the mere threat of a lawsuit to gut a country’s laws.

Warren described a case, highlighted in the investigation, that she said “really jumped out in front and put the human face on what this obscure clause can actually do”: A court in El Salvador found that a factory had poisoned a village with lead, failing for years to take government-ordered steps to prevent the pollution. But by threatening to take the matter to this global super court, lawyers for the company helped it avoid a criminal conviction and the responsibility for cleaning up the community and providing needed medical care.

“The company that damaged so many people just gets to slip away,” Warren said of the case. “This is a reminder how the game is rigged.”

If there's something like "the other side" of this one, I haven't heard much of it yet. My main thing is that the ISDS thing wreaks of privatization and corporatocracy.  Too much power in too few hands.

Hillary has made some noise about swinging around in opposition to TPP, even tho' her buddy, Virginia Gov Terry McCauliffe says she'll swing right back once she's been sworn in - so we just don't know.

All the more reason to find out as much as possible about any given candidate's leanings on something like "Free" Trade.  Guess it's time to email Jane Dittmar on this one.

It might be nice if a Press Poodle or two got up on their hind legs and started asking real questions, specific to things like ISDS.

PS) Elizabeth Warren - please come to my house so I can hold you and pet you and call you George...