On Sept. 2 leaders within Austria’s ruling coalition declared that they are completely opposed to the Trans-Atlantic Trade and Investment Partnership (TTIP) because the supposed ‘free trade’ agreement is all about boosting power for multi-national corporations while at the same time taking power away from Democratic governments.
Like most of Europe, Austria’s legislature and executive branches are made up of coalitions from numerous political parties, where the Austrian SPÖ party currently holds primary power in both sectors of government.
In our coverage on the slow death of TTIP we focused on Germany and France. We are now hearing that the Austrian SPÖ, the majority partner in the governing grand coalition, is also opposed – and not only to TTIP but also to the CETA deal with Canada. Der Standard quotes Chancellor Christian Kern as questioning CETA just after vice-chancellor Reinhold Mitterlehner from the ÖVP, the centre right coalition partner, questioned TTIP. Kern is planning to consult his party base before taking a formal decision but this procedure is certain to lead to the rejection of the project. He said TTIP constitutes a massive shift in power towards multinational companies and against democratic rule – and this is a fundamental design flaw of both TTIP and CETA. – Eurointelligence
It appears that the shift by Europe as a whole over the past few years to start rejecting policies coming out of Washington such as the TTIP trade agreement is in large part due to the growing uneasiness by the European people who are not only rebelling against globalism, but also calling for a return to individual sovereign control over their futures. And in fact, the TTIP is not the only new policy being opposed by individuals on the continent as demands for the EU to reject the importing and use of GMO products have led millions to take to the streets to show their support against these types of corporate takeovers.
Both TTP and TTIP are last ditch efforts by the elite to bring the West into a position where they have to give up their sovereignty to live under the rule of corporations that would reside outside the law, and outside national oversight. But with each of these trade agreements being created in secret, and hidden from both the people and most legislators who are not allowed to even know what is in the treaty they would be signing, it is becoming too much for the citizens of Europe to take, as in each passing day another EU country is publicly rejecting the trade agreement, making it now appear dead on arrival.
Kenneth Schortgen Jr is a writer for Secretsofthefed.com, Examiner.com,Roguemoney.net, and To the Death Media, and hosts the popular web blog, The Daily Economist. Ken can also be heard Wednesday afternoons giving an weekly economic report on the Angel Clark radio show.