by Anna Maria Barry-Jester | Five Thirty Eight | October 19, 2015
Crony Trade Treaties: A Bad Deal for Your Healthcare
Sovereign Solutions Editor’s Note:
I bring the linked post to your attention for good reason, dear reader. It highlights crony trade. In particular, it highlights crony trade that affects your healthcare and mine.
Ever hear of “free trade agreements” such as the Trans-Pacific Partnership [TPP], which has recently been brought into international standing for signatory nations such as the US?
Now, I call these crony trade agreements, or to be more precise, crony trade treaties.
You see, these so-called “free trade” agreements, which are not actually free trade, [the TPP alone is close to 6,000 pages long and growing since it is a “living agreement,” so how COULD that amount to unfettered, or free, trade?] amount to being treaties. Treaties are the only real legal instrument that may supersede parts to a national constitution such as the United States Constitution.
Why do I mention this? Is this just a difference without a distinction?
Well, under the US Constitution, such crony trade deals ought NOT be considered operable and in good standing!
The reason is because these so-called deals are treaties. And under the US constitution treaties require two thirds of the US Senate present to vote passage alongside the approval also of the sitting US President which traditionally negotiates the said treaties to be passed or denied.
Look to all of these so-called intentionally misnamed “free trade” agreements, which are really crony trade treaties. NONE, despite being treaties, get passed as such. And treaties they are, because they are treated as “law of the land” despite being international in scope and in creation.
It’s funny that BEFORE passage these crony trade treaties are treated as something else so as to attain passage. It’s funnier still that they are treated as treaties AFTER passage.
And the best thing of all?
Well, the best thing [I hope you can tell I am being sarcastic] is that these crony trade treaties, under the “free market” moniker which has and will continue to receive blame, foster, as the post linked demonstrates, anti-competitive regulations and rules and special built protections of sorts for big crony market players.
Isn’t it preposterous that these crony trade treaties are called “free market?”
Remember, these things are “living documents.” That means these things, like the TPP, are cancerous growths that just don’t stop unless they are carved out and killed!
And guess what? They do the opposite of what they are sold to you and me to do, as they limit competition and aid the Big Boys! From the link just to the left we hear from one of the biggest of the anti competitive Big Boys:
“Goldman Sachs CEO and Chairman Lloyd Blankfein said:
More intense regulatory and technology requirements have raised the barriers to entry higher than at any other time in modern history. This is an expensive business to be in, if you don’t have the market share in scale. Consider the numerous business exits that have been announced by our peers as they reassessed their competitive positioning and relative returns.”
Wow, straight from their mouths. And, again, remember, these regulatory, rules-based crony trade treaties are LIVING AGREEMENTS.
What does it mean for these crony trade treaties to be “living” you say?
Well, relate one of these to another legal instrument particular and exclusive to the United States. Have you ever heard of the Dodd-Frank Act?
First, it is over 2300 pages long! In addition, there are several thousand pages and GROWING of regulations related to the original legal invention! The legal and compliance costs alone ABSOLUTELY MUST DRIVE OUT competition and erect incredible barriers to market entry, thereby driving up prices to you and I as banking customers!
How’s that for “consumer protection” and “affordability?”
Yes. The government and crony market induced and government passed [through fraud] and maintained crony trade treaties HURT you and me. And, as the linked post centers upon, the recently passed TPP helps to make your healthcare and mine more obstructed and therefore costly.
But don’t worry. It’s called “free trade,” and the political machinery and usual crony market Liars, Looters, and Losers say that this thing is a real winner.
The question is…for whom is this new [and future and past] crony trade treaty a winner for?