TTIP losing traction as Brits debate its lack of transparency

One of the biggest lies in President Obama’s tenure was how he promised and promoted himself as the most transparent executive in U.S. history.  But seven years later, not only has that been uncovered to be a fallacy, but many of his actions and programs have also been administered under the cover of secrecy, and as many Americans are finding out to their detriment.

Thus with Europe suddenly shifting into a rebirth of activism and rebellion against the establishment, secrecy is the one commodity that no longer carries any weight with the people… and especially in Great Britain.  And perhaps the best example of this is a new report out that shows the British government is not very keen on the Trans-Atlantic Trade and Investment Partnership (TTIP) since it is enveloped in so much secrecy that both legislators and the public have no idea what is really in it.

The Transatlantic Trade and Investment Partnership (TTIP) free trade agreement is unacceptable in its present form as the negotiations about it have been taking place in secrecy, UK Shadow Chancellor of the Exchequer John McDonnell said.

“One of the issues we’ll be addressing is TTIP because it’s unacceptable, certainly in its present form… we’re not in favour of trade deals whereby decisions are actually being made behind closed doors, that will affect things like workers’ rights, environmental standards, health and safety standards so we’ll be campaigning for a reform,” McDonnell told the RT broadcaster in an interview which will be aired Saturday. - Sputnik News

Last year, Wikileaks was able to procure portions of the TTIP, and along with its sister pact the TPP, discovered that the massive agreements have very little to do with trade, but instead are a massive power grab for multi-national corporations.  And in retrospect, the rushing through of the TPP last fall appears to be in response to China’s expansion of financial institutions that mirror, duplicate, and compete with U.S. and dollar hegemonies.

Princeton University already announced in a two year study that America has morphed into an oligarchical state, where power no longer resides with the people but with corporate and government bodies.  And with the Brits already under pressure to leave the failing Eurozone because too much power already resides in the hands of technocrats, it now appears unlikely that the TTIP will get passed as easily as the TPP, since any politician who signs it will face serious opposition in future elections.

Kenneth Schortgen Jr is a writer for,, 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.

Loading Facebook Comments ...