Will the election reveal and more details or views about
TTIP? Sorry I can't tell you cos it's secret. The Transatlantic trade and
investment partnership is a secret agreement being negotiated
between The US and EU which will give multinational corporations a
level playing field to operate and gave access to markets among signatories and
overrule any restrictive rules and regulations. It will have its own disputes
procedure independent of any of the nation states and able to overrule and national
measures, discriminations or tax arrangements the corporations object to.
It's a monstrous infringements of national powers and
regulations making the big corporations a protected species with more power
than parliaments and governments, gives
them access to health service contracts and allows them to demand compensation
if they lose them or are restricted in any way. Trade unions of course are given
no reciprocal rights
What's involved is ominous but secret. We have no role in
the negotiations: the EU acts for us. It's predicted to bring millions of jobs
but with no indication how, particularly in Britain where Multinationals will serve our market from afar and we'll have no power to compel them to
manufacture (or even pay their taxes.) Amazingly the Labour Party supports it. Why
?
+++++++++++++++++
GREXIT AND EUROFUDGE
Don't expect any immediate drama on the Greek vote
against austerity. It will take months to mix the eurofudge on this one. The
Greeks don't want to leave because they'd have to default on their huge debts
and print money. Germany won't want to water down the debt because if the Greeks
get it everyone else is going to want it.
So my guess would be an extension of the debt at lower
interest and easier terms and permission to relax austerity. Trouble is the
austerity has killed the business sector. Greece's real problem is corruption and the public sector which the new
government wants to expand. Right wing partners are strong defenders of the
flabby public sector and easing the
pressure on public sector workers who've suffered far less than the private
sector won't be popular.
Best guess though is that they'll fudge through and keep
the Euro show limping along the road until the next crisis.Which may take the
form of a right wing surge in France or Italy. God bless the Euro. I won't
+++++++++++++++++
Disastrous polls in Scotland. Electoral calculus indicates
a Labour loss of 30 seats. Plus a few Lib Dems and the lone Tory (even rarer than panda's in Scotland.) I'm having my kilt
dyed black. I'm even hearing Tory talk of a Grand Coalition.
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