- Date published:
7:02 am, September 23rd, 2015 - 39 comments
Categories: capitalism, Globalisation, International, john key, trade - Tags: not good enough, tpp, TPPA, worst negotiators ever
As last ditch efforts to pass the TPP continue, Key is softening us up to sign a bad deal, apparently just for the sake of signing something – anything:
John Key: TPP will be ‘best we can do’
Prime Minister John Key has given a guarded view of New Zealand’s chance of striking the “high quality” deal it has always sought in the 12 nation Trans-Pacific Partnership trade and investment negotiations, saying that “at least it will be the very best we can do.”
In other words the big boys stole our lunch money, and we just have to suck it up.
Two other pieces yesterday remind us of the likely costs of the TPP to this country. The cost to sovereignty:
TPPA could empower rejected foreign investors in legal challenges
Under a Trans Pacific Partnership deal, foreign investors in New Zealand could be able to take international legal action against a government decision such as that which rejected a Chinese company’s bid for Lochinver Station, says an Auckland Law School senior lecturer.
And the cost of our increased exposure to the price of medication:
CEO who raised price of AIDS drug more than $700 calls journalist a ‘moron’ for asking why
Ever since an HIV/AIDS patient advocacy group began raising questions last week about why Turing Pharmaceuticals jacked up the price for a medication from $US13.50 per pill to $US750 overnight, anger against the company has been boiling over.
John Carroll [editor of Fierce Biotech]… tweeted, “Let’s see if we can get a statement from @MartinShkreli. Martin, your co. just hiked the price of an old drug – new to you – by 5000%. Why?” To which Shkreli responded, “@JohnCFierce You are such a moron.”
That last bit is such a nice touch don’t you think? If you ask why a drug company is gouging usurious profits for life-saving medicine you’re a moron. Because they can, that’s why.
So that’s two examples – just yesterday – of the risks of the TPP. Challenges to our legal sovereignty and increased exposure to rapacious costs. All in the name of dairy access that is “the best we can do”, which appears to be 3/5 of fuck all. Outstanding.