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Old 10-21-2016, 12:52 PM   #1
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Default Canada Walks Out Of European Trade Talks, "Deal Impossible"

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With 'trade' at the center of any substantive differences between US presidential candidates, 1000s protesting 'trade' deals across Europe, 'trade' collapsing in China, and lame-duck Obama trying to push his 'trade' agenda, it is perhaps shocking that Canada’s trade minister walked out of talks to finalize a trade pact with the European Union, saying it now seems the bloc is incapable of reaching such agreements and that Canadian officials are returning home.
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Old 10-21-2016, 07:47 PM   #2
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Meh. I have sympathy for the Walloons. Don't know much about CETA, but I know a lot of Canadians don't want it either.
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Old 10-21-2016, 09:25 PM   #3
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The crunch is an arbitration procedure that allows multinational companies to sue countries that enact legislation that would disadvantage the multinational companies. Or something like that. I appreciate the principal stand of the Walloons and of course the extra nail in the coffin of the European Union.
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Old 10-21-2016, 09:43 PM   #4
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Yes, I forgot about that. Like the US companies currently suing (under NAFTA IIRC) my government (taxpayers) because the Ontario government killed some offshore windmill contracts that would have only benefitted the US companies.

Or like the lawsuit against the US government over Keystone.
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Old 10-22-2016, 08:25 AM   #5
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I think that the Wallonia-Brussels revolt will be settled with a huge cash advance from the ECB. George Soros and The Clowns will swoop in and pay whatever it takes to silence the opposition. They will promise re-education and computer training to the unemployed labourers and whose callused knuckles are the size of mushrooms.

I am quite convinced that this Comprehensive Economic And Trade Agreement will be signed within the next 14 days.

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Last edited by Calm; 10-22-2016 at 08:30 AM.
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Old 10-22-2016, 01:11 PM   #6
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Wallonia province in Belgium with 1% of the population of EU (507mil) is holding up the deal.

No wonder UK walks out. #brexit.

http://www.france24.com/en/20161021-...a-refuses-sign
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Old 10-22-2016, 08:59 PM   #7
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It is even much less than 1%, with 3.6 million Walloons.

The Trade Agreement reportedly allows multinational corporations to sue governments for profits not yet made and the companies do not even have to be Canadian.

Wallonia has strong socialist roots. The social democrats run that region since times immemorial. I am not surprised that they refuse to sell their own people to the multinationals. It is just that in most instances, their fiat is not needed. This time their voice can be heard, loud and clear.

Whatever it may be : one more nail in the rotting corpse called EU

edited to add:

There have been big demonstrations against this trade agreement in several European countries but the politicians of those countries would happily have signed the agreements. Elected politicians do not represent the will of the people will of the people any more.
(e.g. 2/3 rds of the Dutch politicians wanted to sign the EU constitution but 2/3rds of the Dutch population rejected it in a referendum)

Last edited by Ter; 10-22-2016 at 11:14 PM.
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Old 10-23-2016, 11:18 PM   #8
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I guess I was wrong .... The CETA will not be signed.

I thought for sure that George Soros and The Clowns would funnel a few billion dollars into the area to act as a subsidy payment to lessen the fears of the agricultural sector.

One of the reports I read claimed that Trudeau was near tears.

I sure wish that Trudeau would begin shedding a few tears for the Aboriginals in Canada.

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Old 10-24-2016, 12:06 AM   #9
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The Walloon regional government is still being pressurised in a big way.
Who knows what is being promised behind closed doors?
The consequences for the globalising EU are too important, that rotten deal will be signed, I am sure of it.
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Old 10-27-2016, 12:57 PM   #10
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Belgian deal clears way for EU-Canada free trade pact
By Raf Casert
October 27, 2016
http://staging.hosted.ap.org/dynamic...10-27-07-28-55

The agreement will go through regional legislatures by Friday night and has to be vetted again by the other 27 EU states.

One concession was to have the European Court of Justice rule on the legality of a mechanism to settle disputes between multinationals and governments.

A month or so ago, Chris Hamby wrote several articles concerning the Investor-state dispute settlement (ISDS)
https://en.wikipedia.org/wiki/Invest...ute_settlement

Imagine a private, global super court that empowers corporations to bend countries to their will?

The Court That Rules The World
A parallel legal universe, open only to corporations and largely invisible to everyone else, helps executives convicted of crimes escape punishment.
By Chris Hamby
August 28, 2016
https://www.buzzfeed.com/chrishamby

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Last edited by Calm; 10-27-2016 at 01:05 PM.
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Old 10-27-2016, 03:34 PM   #11
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Imagine a private, global super court that empowers corporations to bend countries to their will?
I can hear the cackles coming from the Soros residence as I type. He must be thrilled by this development.
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Old 10-28-2016, 11:12 AM   #12
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Quote:
Originally Posted by Calm View Post
Belgian deal clears way for EU-Canada free trade pact
By Raf Casert
October 27, 2016
http://staging.hosted.ap.org/dynamic...10-27-07-28-55

The agreement will go through regional legislatures by Friday night and has to be vetted again by the other 27 EU states.

One concession was to have the European Court of Justice rule on the legality of a mechanism to settle disputes between multinationals and governments.

A month or so ago, Chris Hamby wrote several articles concerning the Investor-state dispute settlement (ISDS)
https://en.wikipedia.org/wiki/Invest...ute_settlement

Imagine a private, global super court that empowers corporations to bend countries to their will?

The Court That Rules The World
A parallel legal universe, open only to corporations and largely invisible to everyone else, helps executives convicted of crimes escape punishment.
By Chris Hamby
August 28, 2016
https://www.buzzfeed.com/chrishamby

Calm
I also read the articles on this issues and felt all of them were somewhat skewed. "Blame the companies and fat cat executives" was extensive.

Adherence to the "Court" depends on agreements signed by the Sovereign Nation representatives and sometimes the Legislative bodies.

In other words, blame the Presidents, Prime Ministers, the Congress, or the Parliaments and Politicians around the world.

But H3II no, people will go and pull the "Straight Party Lever" (or punch, or spin the button) come election day.
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Old 10-28-2016, 03:14 PM   #13
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Quote:
Originally Posted by Potemkin View Post
I also read the articles on this issues and felt all of them were somewhat skewed. "Blame the companies and fat cat executives" was extensive.

Adherence to the "Court" depends on agreements signed by the Sovereign Nation representatives and sometimes the Legislative bodies.

In other words, blame the Presidents, Prime Ministers, the Congress, or the Parliaments and Politicians around the world.

But H3II no, people will go and pull the "Straight Party Lever" (or punch, or spin the button) come election day.
My Reply:

This case always stands out to me:

There was a case which involved a gasoline additive in Canada, an additive called MMT. The Canadian parliament was considering banning it. That's when the Ethyl Corporation – the American manufacturer of the chemical decided to sue under NAFTA.

Canada enacted the ban anyway – but then backed down, lifted it, and paid Ethyl $13 million for the short time the ban had been in place. And that wasn't all. Ethyl demanded and got a letter to use in its advertising saying there was no new proof MMT was harmful. This despite the fact that MMT is effectively banned from use in most gasoline sold in the United States.

I am not arguing whose fault it is ..... or was.

I am complaining about how much power corporations enjoy under such Free Trade agreements.

And, I think we all realize that "Capitalist Money Sources" have corrupted every political avenue on the face of this planet.

What the SuperClass can not win at the ballot box, they purchase by other means.

It reminds me of how the Kings and Queens of olden days sold Canadians our "democracy" while at the same time instituting the "Unelected" Senate of Canada with the power to overturn any act of Parliament.

The same thing in the U.S..

In Canada, we have the unelected senate, but in the U.S. you have the Supreme Court which has the identical powers as the Canadian Senate.

In the U.S., the constitution (1787) gave all the power to elected representatives, but in 1803 a rightwing justice changed the system all by his lonesome (Marbury versus Madison) and which gave all the power to the Supreme Court and said that it could strike down any law passed in congress.

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Old 10-28-2016, 03:20 PM   #14
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Hi Calm & a belated welcome from me as another Canadian.
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Old 10-28-2016, 03:31 PM   #15
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Hi Calm & a belated welcome from me as another Canadian.
Hi! I see they claimed you to be MIA in another thread.

I live near Windsor.

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Old 10-29-2016, 12:25 AM   #16
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I thought this was an excellent interview.

CETA: Back From the Brink?
After seven years of negotiations, the Comprehensive Economic and Trade Agreement (CETA) came to a halt last week when the Belgian province of Wallonia indicated that it would not agree to the deal. Even though a resolution has been found, are the hurdles the deal has faced an indication that anti-globalization sentiments have gained ground. The Agenda looks at the deal and discusses Canada's next move.
TVO - The Agenda
Host Steve Paikin
October 28, 2016
(Flash Video)
http://tvo.org/video/programs/the-ag...from-the-brink
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Old 10-29-2016, 12:57 AM   #17
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Quote:
Originally Posted by Ter View Post
The Walloon regional government is still being pressurised in a big way.
Who knows what is being promised behind closed doors?
The consequences for the globalising EU are too important, that rotten deal will be signed, I am sure of it.
A-hum, I told you so
Magnette will not retire as a poor person I presume.
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Old 10-29-2016, 03:06 AM   #18
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Quote:
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A-hum, I told you so
Magnette will not retire as a poor person I presume.
They probably Bernie'd him.
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Old 10-30-2016, 09:21 AM   #19
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BBC - trade deal is now signed
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