Fascism is defined as the merging of corporations and state. And while the United States and its ‘elected’ officials have been tools of the banks and corporations for a long time now, never before has the corporate world been given the power on a silver platter to stand equal to, or above, sovereign governments.
But this ultimate dream for the multinationals is now closer than ever as the closely guarded and secret accords known as the Trans-Pacific Partnership (TPP) were finalized on Oct. 5, and are just one step away from becoming a treaty as destructive as NAFTA was, and will give private banks and businesses unprecedented power to not only make or dissolve laws, but to bring nations to court in an arena that is determined by the corporations themselves, and not by the people.
The deal, if approved by Congress, will mark an effective expansion of the North American Free Trade Agreement launched two decades ago to include Japan, Australia, Chile, Peru and several southeast Asian nations.
The trade deal has been in the works since 2008 but has been stymied by politically sensitive disputes, including a fight between the U.S. and Japan over the automobile industry.
Beyond that, however, it represents the economic backbone of the Obama administration’s strategic “pivot” to Asia and a response to the rise of the US’s chief rival, China, and its growing regional and global influence. It is also a key component of the “third arrow” of economic reforms that Mr Abe has been pursuing in Japan since taking office in 2012. – Wall Street Journal
Should the TPP be approved by Congress, then it would provide corporations the power to not only take sovereign governments and municipalities to independent courts for any redress that might hinder their ability to earn a profit, but it would also keep these institutions from being able to pass laws that would do the same.
In essence, Monsanto could keep local states and governments from passing anti-GMO laws, and arms manufacturers could take national governments to court should they choose not to go to war because in both cases, profit margins would be affected.
When the patriarch of the Rothschild dynasty once said, give me control of a nation’s money and I care not who writes its laws, that power has now morphed into a construct where private banks and corporations will both control money, and write a nation’s laws. And since most of Congress is little more than paid agents of big business, the chances of this trade agreement being signed is highly probable, and the formation of a fascist state in America is nearly assured.
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.