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WikiLeaks Publishes Secret International Trade Agreement

schwit1 (797399) writes "The text of a 19-page, international trade agreement being drafted in secret was published by WikiLeaks as the transparency group's editor commemorated his two-year anniversary confined to the Ecuadorian Embassy in London. Fifty countries around the globe have already signed on to the Trade in Service Agreement, or TISA, including the United States, Australia and the European Union. Despite vast international ties, however, details about the deal have been negotiated behind closed-doors and largely ignored by the press. In a statement published by the group alongside the leaked draft this week, WikiLeaks said "proponents of TISA aim to further deregulate global financial services markets," and have participated in "a significant anti-transparency maneuver" by working secretly on a deal that covers more than 68 percent of world trade in services, according to the Swiss National Center for Competence in Research.

222 comments

  1. Maybe, if we boycott Sony AND Disney by Anonymous Coward · · Score: 4, Funny

    we can fix this.

    Anybody with me???

    Hello?

    Is this thing on?

    1. Re:Maybe, if we boycott Sony AND Disney by Anonymous Coward · · Score: 2, Informative

      Sadly, even when Sony commits illegal acts such as infecting their customers' computers with rootkits and stealing functionality which was used as a selling point from their consoles, people still worship them and defend their disgusting acts.

    2. Re:Maybe, if we boycott Sony AND Disney by WindBourne · · Score: 1

      What are you talking about? I have been boycotting Disney for years. I do not like what the company has become. I have no doubt that Walt would shoot the ppl in charge there now.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    3. Re:Maybe, if we boycott Sony AND Disney by HiThere · · Score: 2

      Don't bet too hard. Disney may have had a good eye for a plot for children's stories, and for what shapes would sell, but he had no morals. In fact he was sort of like a less competent Steve Jobs, except more of his employees hated him.

      --

      I think we've pushed this "anyone can grow up to be president" thing too far.
    4. Re:Maybe, if we boycott Sony AND Disney by mgf64 · · Score: 1

      You talking about the same Walt who collaborated actively with the Mc Carty witch hunt... That is as far from a children tales as it gets.

    5. Re:Maybe, if we boycott Sony AND Disney by philip.paradis · · Score: 0

      First things first: the name was "McCarthy," not "Mc Carty." As for the substance of your post, (1) did you reply to the wrong post, (2) did you fail to read the post you replied to, or (3) all of the above?

      --
      Write failed: Broken pipe
    6. Re:Maybe, if we boycott Sony AND Disney by mgf64 · · Score: 1

      First things first: the name was "McCarthy," not "Mc Carty." As for the substance of your post, (1) did you reply to the wrong post, (2) did you fail to read the post you replied to, or (3) all of the above?

      4) I forgot to add "I agree with your pos: Disney was not an example". Sorry but English is my second language. I did indeed misspell Mc Carthy surname.

    7. Re:Maybe, if we boycott Sony AND Disney by philip.paradis · · Score: 1

      That clears everything up. Thanks.

      --
      Write failed: Broken pipe
    8. Re:Maybe, if we boycott Sony AND Disney by Anonymous Coward · · Score: 0

      Context is irrelevant. The fundamentals work the same way in everything. Politicians lie, cheat, and steal, yet 95% of the time they get reelected anyway. You stick with the devil you know.

    9. Re:Maybe, if we boycott Sony AND Disney by WindBourne · · Score: 1

      Hmmm. You should not be so sure of the rumours that you hear.
      In what ways did he not have morals?

      --
      I prefer the "u" in honour as it seems to be missing these days.
  2. yep by Anonymous Coward · · Score: 0, Flamebait

    and what part of this is a surprise?

    1. Re:yep by Rei · · Score: 1

      That's what I'm wondering. Who thought people working on the followup to the massively-deregulating GATS treaty were working to *increase* regulation on financial services?

      Next up: a breaking, top secret release about how people in secret meetings at the NRA are discussing strategy about how to keep the US from passing stricter gun laws!

      --
      "Close the door! What, were you born in a barn?" -- Police chief, "Jesus Christ Supercop"
    2. Re:yep by Mister+Liberty · · Score: 4, Insightful

      I am giving up my modeator opportunity on this just to call you a troll.
      Who's talking about surprise!?
      This is information coming into the open, that's what it is.

    3. Re:yep by Bing+Tsher+E · · Score: 2

      The NRA isn't a government-run organization. Certainly if their membership is opposed to secret meetings they can and should take it up within the NRA organization.

      But the Government is all of ours.

    4. Re:yep by mbone · · Score: 1

      It is not particularly surprising, but it is, however, news. That unfortunately we have come to expect sleazy results from these "Trade Agreements" (which are not really about trade, and should properly be Treaties) does not mean that we can ignore yet another example of sleaze.

    5. Re:yep by Anonymous Coward · · Score: 0

      There's a huge difference between having proof and simply trusting the word of some fat internet neckbeard conspiracy theorists.

    6. Re:yep by Rei · · Score: 1

      Really? It's the realm of "fat internet neckbeard conspiracy theorists" that the successor to a massively deregulating treaty would be a massively deregulating treaty?

      --
      "Close the door! What, were you born in a barn?" -- Police chief, "Jesus Christ Supercop"
    7. Re:yep by WindBourne · · Score: 1

      No, but it is now ran by the same set of idiots that are running our gov. into the ground.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    8. Re:yep by Immerman · · Score: 1

      Indeed. When Jefferson said "The prce of freedom is eternal vigilance" he wasn't talking about guarding against terrorists and other foreign invaders. Our government was founded with the understanding that *all* governments will come to abuse their people if given the chance, and they did everything they could think of to at least give us a chance to keep it on a leash. If we've let the government forget that it's the servant rather than the master, well shame on us. It's not too late to try to reclaim our rightful place.

      --
      --- Most topics have many sides worth arguing, allow me to take one opposite you.
    9. Re:yep by sound+vision · · Score: 0

      The NRA is essentially a gun lobbying organization with a side of hillbilly hunting club. The idiots running our country into the ground are politicians of all stripes. The biggest connection you can make between the two is sometimes NRA lobbyists might run into the people doing real damage in the halls of congress.

      I presume you were trying to make some commentary on party affiliation of these groups, but I see you have provided nothing to that end. I'd like to hear you try, preferably with some kind of reasoning involved, not World-Cup-esque cheerleading.

    10. Re:yep by WindBourne · · Score: 1

      The NRA used to represent all gun owners. It long ago quit that clear back in the 60's. Back then it got taken over by radical far right wingers, such as the birch society, along with today's GOP. As one who supports gun ownership, I have nothing but disdain for the NRA and nearly all of its supporters. I have rarely met any NRA memnber that was not some radical right-wing idiot.

      --
      I prefer the "u" in honour as it seems to be missing these days.
  3. Man-in-the-Middle? by Anna+Merikin · · Score: 4, Interesting

    |(T)he US is particularly keen on boosting cross-border data flow, which would allow uninhibited exchange of personal and financial data.|

    Perhaps the traffic between nodes will give the NSA some useful information about people's transactions to "Keep us safe." Or the US IRS about offshore deposits?

  4. Because clearly... by Anonymous Coward · · Score: 4, Funny

    The events of the last five or six years have proven that financial markets and institutions have been over regulated.

    1. Re:Because clearly... by Opportunist · · Score: 2

      Yep. If we didn't regulate them, they would never try a stunt like that again.

      Oh, did I say "regulate"? I meant "bailout".

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    2. Re:Because clearly... by Jane+Q.+Public · · Score: 3, Insightful

      The events of the last five or six years have proven that financial markets and institutions have been over regulated.

      Absolute BS. They haven't been over-regulated, they've been mis-regulated.

      The Federal government has been blatantly ignoring antitrust laws, for example, while illegally regulating things it has no business or authority to regulate. It has been a combination of under-regulating and over-regulating... adding up to mis-regulation (and often illegal regulation, for that matter... they don't have authority to ignore laws any more than they have to enforce nonexistent laws).

      For example, nobody disputes that Obama does not have unilateral authority, for example, to tell the EPA to impose vast new rules without the involvement of Congress. (Much less justified by EPA's "secret science".) Yet he's been doing it.

    3. Re:Because clearly... by gtall · · Score: 1

      So, your snark detector is broken, yes?

    4. Re:Because clearly... by BradMajors · · Score: 1

      By "over regulated", you mean given them bailouts rather than allowed them to go bankrupt when they get into financial problems?

    5. Re:Because clearly... by Jane+Q.+Public · · Score: 1

      So, your snark detector is broken, yes?

      No, because even if snark, it was still wrong. A sarcastic comment would suggest that there was under-regulation. But that's clearly wrong, too. There is more regulation now than ever before.

    6. Re:Because clearly... by AK+Marc · · Score: 4, Informative

      They are under-regulated with more regulations. It's only a contradiction if you choose to be an idiot. The "new" regulations are written by the biggest institutions. They are "self regulating" in a manner that's anti-competitive, not regulatory. They call the anti-competition rules written by the incumbents "regulations" to confuse the idiots.

      The restriction on what they can do (in relation to what they would do in the absence of regulation) has decreased. That the total number of rules has increased is irrelevant. They are now, and always have been, under-regulated.

      They could choose to be unregulated. Investment houses and PayPal are not regulated as banks. But they choose to be regulated because it benefits them. If they were truly over-regulated, they'd opt out of the regulation. For all PayPal's faults, they don't lend money against deposits or borrow from the fed, so they stay out of "banking" territory. There's no reason any other bank couldn't follow the same rules. Other than they deliberately choose not to because the "regulations" they operate under are a beneficial shield, not a web of tight regulations.

    7. Re:Because clearly... by AK+Marc · · Score: 0

      OK, if you were the government and you saw $10,000,000,000 of insured deposits, and a failure would cost you $10,000,000,000, but a bailout would cost you $500,000,000, which would you choose? Waste $9,500,000,000 of the taxpayer money to teach the bank a lesson? Or "bailout" the bank for $500,000,000?

    8. Re:Because clearly... by Luckyo · · Score: 4, Insightful

      Nationalise the bank to ensure that investors who allowed such thing to happen lose everything regardless. In other words, make those guilty of taking the risk shoulder the consequences.

      Then bail it out to save your taxpayers money.

      The problem with current methodology is that government effectively agreed to be a free guarantor for big banks risks. Which in turn caused the crisis because banks, knowing government and its money has their back took insane risks because the profits were equally insane if successful. And for a while, they held. Until risks were realised and the entire thing came down like a house of cards.

      The only way to normalise the system is to force those who take the risk shoulder the consequences. Otherwise, what we saw in 2007 was just the beginning of crises to come.

    9. Re:Because clearly... by Anonymous Coward · · Score: 0

      Get another chicken and cut the head off "from the rear this time" and hope it lands on kick those corrupt sons of bitches out on their ass where they belong.

    10. Re:Because clearly... by dryeo · · Score: 4, Informative

      Nationalise the bank to ensure that investors who allowed such thing to happen lose everything regardless. In other words, make those guilty of taking the risk shoulder the consequences.

      Then bail it out to save your taxpayers money.

      But that would actually be socialist.
      It's funny with Americans calling the Democrats and Obama socialist left wingers when there reaction to the banking crisis was the opposite. The big differences between the parties is who they are in thrall to, not whether one is left wing and the other is right wing.

      --
      https://en.wikipedia.org/wiki/Inverted_totalitarianism
    11. Re:Because clearly... by WindBourne · · Score: 1

      Jane, it was CLEARLY sarcasm.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    12. Re:Because clearly... by WindBourne · · Score: 1

      Nationalizing the banks will NOT solve this. Our banks were in great shape for nearly a century because of regs that were put in place during the great depression. Sadly, reagan and several other presidents rolled them back. In addition, state banks were privatized.
      What is really needed is to put back in place those regs that reagan took out.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    13. Re:Because clearly... by Jane+Q.+Public · · Score: 1

      They are under-regulated with more regulations. It's only a contradiction if you choose to be an idiot.

      And you'd only think I said it was a "contradiction" if you didn't read what I wrote.

      I wrote that BOTH were going on. Under-regulation, and over-regulation. Adding up to MIS-regulation.

    14. Re:Because clearly... by Anonymous Coward · · Score: 0

      Wrong the master is the same in any case.

    15. Re:Because clearly... by Anonymous Coward · · Score: 0

      But that would actually be socialist.
      It's funny with Americans calling the Democrats and Obama socialist left wingers when there reaction to the banking crisis was the opposite.

      Excuse me but how exactly does making taxpayers pay the bill for a failed banking scam while allowing the perpetrators keep all profits count as "the opposite of left-wing reaction"? It breaks the market so badly that even the socialist solution would be MUCH better. But if you believe that nationalisation is evil, you could simply pay out the $10 billion, send the feds to track down the bank managers who created the scam, get most of the money back by stripping them naked and have them pay off the rest through prison labor. That would be the opposite of left-wing reaction.

    16. Re:Because clearly... by Uberbah · · Score: 2

      OK, if you were the government and you saw $10,000,000,000 of insured deposits, and a failure would cost you $10,000,000,000, but a bailout would cost you $500,000,000, which would you choose? Waste $9,500,000,000 of the taxpayer money to teach the bank a lesson? Or "bailout" the bank for $500,000,000?

      Except the bailout wasn't for the depositors, but the banks shareholders. It wasn't to protect the economy, it was to protect the net assets of the Jaime Dimon's in the industry.

    17. Re:Because clearly... by AmiMoJo · · Score: 2

      Sarcasm detector failure. Whoosh.

      --
      const int one = 65536; (Silvermoon, Texture.cs)
      SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
    18. Re:Because clearly... by oh_my_080980980 · · Score: 1

      Yo douche bag. It was $2 Trillion and counting not $500 million. So yes it would be worth the bank going under. More importantly the Fed would not be on the hook. The FDIC could come in, take over the failed bank, restructure and send it on its way. So the Fed would not have to cover all deposits and investors would have had to take a loss (as they should have) as opposed to having their investment guaranteed.

      The situation is unchanged today. The Too Big To Fail banks are still there, unregulated. They need to be broken up. Glass Steagal needs to be reinstated to prevent investment banks from being merged with depositor banks.

    19. Re:Because clearly... by u38cg · · Score: 1

      You miss out the part where you describe what would have happened in 2007 had the banks not been bailed out.

      --
      [FUCK BETA]
    20. Re:Because clearly... by Luckyo · · Score: 1

      You missed the entire second sentence of the post in your "righteous" stupidity.

    21. Re:Because clearly... by u38cg · · Score: 1

      No. You missed the bit where in your self-righteousness moralistic hectoring you missed that not bailing out the banks would have meant financial Armageddon. Not bailing out Lehman nearly did for the entire system. If we'd saved it, we might well have avoided four years of stagnation. You literally have no fucking clue what you're talking about. Gosh, it would be nice if people took responsibility for what they did. You're a fucking genius. Unfortunately, you're dead wrong, and people like you are a bloody menace.

      --
      [FUCK BETA]
    22. Re: Because clearly... by Anonymous Coward · · Score: 0

      Last I checked,TARP was fully repaid

    23. Re: Because clearly... by next_ghost · · Score: 1

      Last I checked,TARP was fully repaid

      Who the hell cares about that? Last time I checked, the perpetrators of the 2008 financial crisis were helping FBI prosecute the victims! That's the real problem here.

    24. Re:Because clearly... by next_ghost · · Score: 1

      No. You missed the bit where in your self-righteousness moralistic hectoring you missed that not bailing out the banks would have meant financial Armageddon. Not bailing out Lehman nearly did for the entire system.

      As long as any company holds such position, the Armageddon is just around the corner. Bailout was not a solution, it simply delayed the inevitable.

    25. Re:Because clearly... by Luckyo · · Score: 1

      Read the second sentence of the post, you raging moron.

      READ IT.

      The come back and apologise.

    26. Re:Because clearly... by dryeo · · Score: 1

      No need to keep the banks nationalized. Nationalize, fix the regulations, break the banks into smaller pieces and sell them to new people. The big things are to punish the perpetrators, fix the regulations and make the banks small enough that if they fail it doesn't take down the worlds economy.

      --
      https://en.wikipedia.org/wiki/Inverted_totalitarianism
    27. Re:Because clearly... by currently_awake · · Score: 1

      In my mind, deregulation means "You are on your own!". As in, don't expect a bailout if you lose all your money. I think it's disgusting they choose to adopt Government bailouts of industry from Communism instead of universal health care.

    28. Re:Because clearly... by currently_awake · · Score: 1

      Too big to fail. I believe this means too big to live. If corporations above a certain size are a threat to the USA then don't allow them to get that big. Set a maximum limit on corporate size to be allowed to do business in the USA.

    29. Re:Because clearly... by dryeo · · Score: 1

      Good idea that existed at one time. Of course different businesses vary on what is too big which is why traditionally it was taken care of by anti-trust laws.

      --
      https://en.wikipedia.org/wiki/Inverted_totalitarianism
    30. Re:Because clearly... by RespekMyAthorati · · Score: 1

      Jane didn't get it.
      She almost never does.

    31. Re:Because clearly... by Druegan · · Score: 1

      Dear sir,

      Please forgive the abuse of the English language employed by my countrymen. The vast majority of them are ignorant to a great many things, having been raised primarily on a diet of Cold War propagada during their formative years, and a steady diet of corporatist propaganda since. Perhaps one in a thousand has any idea what Adam Smith actually wrote, fewer still the actual ideas of Marx, or Lenin, etc. We also have no idea what the word "liberal" actually means to the rest of the world, because we confuse "conservative" with "psychotic militant reactionary."

      Regards,
            An Embarrassed American.
       

    32. Re:Because clearly... by WindBourne · · Score: 1

      Yeah, I have noticed that. She ran around screaming earlier that she was pro-space and pretended to know what is going on, but was absolutely clueless about facts.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    33. Re:Because clearly... by Opportunist · · Score: 1

      Communism didn't bail banks out. In communism, such a bank (provided it existed in the first place) would have been taken over by the government to ensure it can NEVER repeat such a blunder.

      We just set it up for another crash. Just this time, we don't have any money left to catch them when, or rather, as soon as they fall.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
  5. keeping the heat on by inode_buddha · · Score: 4, Informative

    This thing is bad. It completely bypasses all the traditional controls of democracy. The people will have no say in it even tho its their money and lives. We need to keep the heat on this kind of thing just like SOPA only much, much more.... some good analysis and commentary over at Naked Capitalism these guys tell it like it is. Basically its looking like a global corporatocracy.

    --
    C|N>K
    1. Re:keeping the heat on by jenningsthecat · · Score: 2

      We need to keep the heat on this kind of thing just like SOPA only much, much more....

      True. The thing that concernes me is the number of such initiatives that are flying under our radar. It may be the case, (and IMHO probably is), that there is a huge amount of this kind of crap going on that we only find out about when it's way too late, or never find out about at all.

      The real solution here is NOT to fight these fires as we see them crop up. The real solution is to stop the corporations and governments from lighting the damned fires in the first place, before they burn our collective home to the ground. We need to find a way to restore the accountability they once had to us, their customers and citizens, their meal ticket - otherwise we'll continue to become more and more like animals in factory farms, and less and less like the autonomous geings we were born as.

      I'll leave it to your creativity and imagination to figure out how this might best be done - there are lots and lots of approaches, and we propbably need to use most of them if we're to reverse this inexorable march toward irreversible feudal serfdom. We're already a LONG way down that road...

      --
      'The Economy' is a giant Ponzi scheme whose most pitiable suckers are the youngest among us and the yet-unborn.
    2. Re:keeping the heat on by dryeo · · Score: 1

      We need to find a way to restore the accountability they once had to us, their customers and citizens, their meal ticket - otherwise we'll continue to become more and more like animals in factory farms, and less and less like the autonomous geings we were born as.

      When were they actually accountable to the people?

      --
      https://en.wikipedia.org/wiki/Inverted_totalitarianism
    3. Re:keeping the heat on by rtb61 · · Score: 2

      As these in secret negotiations involve elected under oath officials and multi-national corporations, how close to treason are they becoming. Surely a public audit is required of those negotiation to ensure those government officials have not crossed the line into treason.

      --
      Chaos - everything, everywhere, everywhen
    4. Re:keeping the heat on by Anonymous Coward · · Score: 0

      This thing is bad. It completely bypasses all the traditional controls of democracy. The people will have no say in it even tho its their money and lives. We need to keep the heat on this kind of thing just like SOPA only much, much more.... some good analysis and commentary over at Naked Capitalism these guys tell it like it is. Basically its looking like a global corporatocracy.

      A pissed President Truman while storming out of an international economic summit: "They're trying to set it up so that they'll put all of us, everyone, permanently in debt forever."

    5. Re:keeping the heat on by next_ghost · · Score: 1

      When were they actually accountable to the people?

      When the people were marching right outside their front door wielding pitchforks and torches.

  6. This is just fucked up by Anonymous Coward · · Score: 5, Insightful

    So, this agreement is about "Financial Services". In the section called "Transparency", it says:

    "The Parties recognize that transparent regulations and policies governing the activities of financial service suppliers are important in facilitating their ability to gain access to and operate in each other’s market. Each Party commits to promote regulatory transparency in trade in financial services."

    But then the whole agreement is secret. Great transparency there! It's kind of difficult to take this crap seriously.

    1. Re:This is just fucked up by Anonymous Coward · · Score: 2, Insightful

      So, this agreement is about "Financial Services". In the section called "Transparency", it says:

      But then the whole agreement is secret. Great transparency there! It's kind of difficult to take this crap seriously.

      When they refer "transparency", they don't mean transparency to people like you and me. They mean transparency for government three letter agencies.

    2. Re:This is just fucked up by Opportunist · · Score: 1

      You sure they don't mean transparency OF governments FOR corporations? I mean, where's the sense in the pimp being transparent for its whore?

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    3. Re:This is just fucked up by Rei · · Score: 0

      So you think that it's difficult to take crap seriously from an organization that talks about promoting transparency, but is itself highly secretive? Like, oh, let's just say, Wikileaks itself? You know, that famously litigous organization that makes all of its employees sign $20,000,000 NDAs, and which has repeatedly used blackmail, aka threats of information release unless entities pay them protection money (such as blackmailing aid agencies with threats of unredacted information that could get their members killed unless they pay up, even trying to extort $700k from Amnesty International) or give into political demands (usually of the form of get-out-of-jail-free cards, e.g., Assange's "insurance files")?

      --
      "Close the door! What, were you born in a barn?" -- Police chief, "Jesus Christ Supercop"
    4. Re:This is just fucked up by jklovanc · · Score: 2, Insightful

      But then the whole agreement is secret.

      The whole agreement is secret right now because it is not even close to a final draft. When it get closer to final draft there may be more official releases. When it gets to final draft it will definitely be released so it can be voted on by the member countries. Keeping drafts a secret is not a big deal and is necessary in every complex agreement. Do you really think it would be effective for every draft to be gone over and commented on by every "expert" in the world? The group would spend all it's time fixing misunderstanding and misrepresentations. Wait for the final draft then we can pick it apart.

    5. Re:This is just fucked up by Anonymous Coward · · Score: 0

      Can I smoke some of whatever it is you're smoking?

    6. Re:This is just fucked up by knightghost · · Score: 2

      When they have a final draft then they'll shove it through.

    7. Re:This is just fucked up by jklovanc · · Score: 1

      That would require all governments to "push it through" and I doubt very much it will happen.

    8. Re:This is just fucked up by Anonymous Coward · · Score: 1
      This thing was written by the banks, for the banks: https://wikileaks.org/tisa-fin...

      The development of global finance rules under the guise of ‘trade’ was the brainchild of senior executives of AIG, American Express, Citicorp and Merrill Lynch in the late 1970s. Their role, and subsequently a broader lobby called the Financial Leaders Group, is well documented. The former director of the WTO’s services division himself acknowledged in 1997 that: ‘Without the enormous pressure generated by the American financial services sector, particularly companies like American Express and Citicorp, there would have been no services agreement’.16

      As the lobby evolved it was still led from Wall Street, but expanded to include the major insurance and banking institutions, investment banks and auxiliary financial services providers, from funds managers to credit-rating agencies and even the news agency Reuters. They were later joined by the e-finance and electronic payments industry, which includes credit, stored value and loyalty cards, ATM management, and payment systems operators like PayPal.

      The industry lobbyists have also set the demands for financial services in TISA. The Chairman of the Board of the US Coalition of Service Industries is the Vice Chairman of the Institutional Clients Group at Citi. When the industry’s demands, as expressed in the consultation on TISA conducted by the US Trade Representative in 2013, are matched against the leaked text it becomes clear that they stand to get most of what they asked for. Extracts from their submissions are listed at the end of this document.

      Why is it OK for for private businesses to negotiate worldwide treaties, but not let citizens have any say in the treaty? They are both private entities, not the government. But somehow, the financial sector is given special privilege in this regard.

    9. Re:This is just fucked up by Anonymous Coward · · Score: 0

      u mad bro?

    10. Re:This is just fucked up by Aighearach · · Score: 2

      Agreed, actually that sounds like the most literal reading. Not sure why people can't read... oh, this is slashdot. I gotta find some kind of nerd site or something.

      The Parties recognize that transparent regulations and policies governing the activities of financial service suppliers are important in facilitating their ability to gain access to and operate in each other’s market. Each Party commits to promote regulatory transparency in trade in financial services.

      Seems to me like they come right out and say clearly that the goal is for the financial service corporations to have access to information about what the regulators are doing.

    11. Re:This is just fucked up by mbone · · Score: 1

      You haven't been paying attention much, have you?

    12. Re:This is just fucked up by jklovanc · · Score: 1

      If you mean the hype about "secret negotiating" then yes I have. Otherwise please enlighten me. I doubt you have anything to add to the conversation.

    13. Re:This is just fucked up by AHuxley · · Score: 1

      Re " Great transparency there! It's kind of difficult to take this crap seriously."
      What a multinational corporation wants to know is if they buy a natural monopoly or own a cartel like structure in a country is:
      Can they set prices every year and never face gov regulation, standards or questions.
      Are their international staff safe from any court action before, during or after any event no mater the cause or fault.
      Can any one nation break up their monopoly or expose their cartel over time?
      Can a multinational corporation conspire to set a global price and get a way with rigging the markets.
      They want legal and press transparency to ensure they can profit every year on any investment in any nation that signs up.
      No national issues, press or political pressure just the ability to buy in and extract the maximum wealth in any region.
      Can a multinational take the local press, gov regulatory bodies, NGO's or individual to court for slander or over any other action and expect to always win.
      The transparency of making a good investment, keeping it in profit every year, with low maintenance standards, no press, no courts or political questions.
      An investment becomes a colony like zone without fear of competitors, local entrepreneurs, standards or tax questions.

      --
      Domestic spying is now "Benign Information Gathering"
    14. Re:This is just fucked up by Rei · · Score: 1

      I'm confused. Are you contesting any of what I wrote? Try out Google, it's your friend. If you still need help, just ask and I'll get you links.

      Wikileaks' antics have gotten really ridiculous years. A particular lowpoint, I thought, was when they made a fake news website to post a fake column from a Wikileaks critic, ostensibly supporting Wikileaks, and promoted it with a link from a fake twitter account in the critic's name.

      It wouldn't be such a big issue that Wikileaks is run by an overgrown child if they didn't wield such power. Just look to the Belarus situation as to how devastating misuse of their power can get.

      It really bothers me because of the potential Wikileaks had, versus what has become of it.

      --
      "Close the door! What, were you born in a barn?" -- Police chief, "Jesus Christ Supercop"
    15. Re:This is just fucked up by Anonymous Coward · · Score: 0

      Do you really think it would be effective for every draft to be gone over and commented on by every "expert" in the world?

      That's what some of us have come to expect from our policy maker : that they debate publicly on what is going to be the law, and that we have a right to think about what it entails. So that we can protest if they go mad, and so that we can see who isn't representing whoever they are supposed to.

      The group would spend all it's time fixing misunderstanding and misrepresentations.

      If the politician job isn't to gap the bridge between the law and the people, what do they do?

      Also, I'll very much prefer a rational for each new point, discussed one after the other as they come up than an opaque bundle of measures, where you'll have one or two points picked up by the media, and the rest will be summed up in half a sentence.

    16. Re:This is just fucked up by ybanrab · · Score: 1

      Links from reputable sources please.

    17. Re:This is just fucked up by Rei · · Score: 1

      On which ones? (If you say "all", I'm going to hit my head on this desk, these things should all come up on the first hits on Google, as none of them are esoteric; I assume you know how to type words into a search bar?)

      --
      "Close the door! What, were you born in a barn?" -- Police chief, "Jesus Christ Supercop"
    18. Re: This is just fucked up by Impy+the+Impiuos+Imp · · Score: 1

      To put this negotiation process in perspective, it's like the Ghostbusters negotiating for the old firehouse.

      Venkman: What do you think, Egon?

      Spengler: I think this building should be condemned. Thereâ(TM)s serious metal fatigue in all the load-bearing members, the wiring is substandard, itâ(TM)s completely inadequate for our power needs, and the neighborhood is like a demilitarized zone.

      Stantz: Hey. Does this fire pole still work? Wow. This place is great. When can we move in? You gotta try this pole. Iâ(TM)m gonna get my stuff. Hey. We should stay here. Tonight. Sleep here. You know, to try it out.

      Venkman: I think weâ(TM)ll take it.

      Outing the negotiation early will get complaints about bad things we pseudo-want but are actually using to twist someone's arm decried by our own populace, thus the other side is no longer afraid of it making it into the final treaty.

      --
      (-1: Post disagrees with my already-settled worldview) is not a valid mod option.
    19. Re:This is just fucked up by wytcld · · Score: 1

      Do you really think it would be effective for every draft to be gone over and commented on by every "expert" in the world? The group would spend all it's time fixing misunderstanding and misrepresentations.

      Yes. Yes I do. The group should fix misunderstandings and misrepresentations. This sort of treaty impinges on the rights of people across much of the world. It needs to be written in clear terms that average citizens who want to study it can comprehend. We should not be surrendering our rights without clearly knowing what we're getting in return. Even better, we should not be surrendering our rights at all, as individuals or as nations.

      --
      "with their freedom lost all virtue lose" - Milton
    20. Re:This is just fucked up by jklovanc · · Score: 1

      So instead of dealing with the few delegates who will ask the question that needs clarification you propose to deal with the thousands of "experts". It is not feasible to do that for every draft. Maybe when the drafts get closer to a final product the sure open them up.

      It needs to be written in clear terms that average citizens who want to study it can comprehend.

      How many people do you think are under the impression that they have the knowledge and experience to study and comprehend a complex trade agreement. I bet that less than 10% of those who think they do actually do.

    21. Re:This is just fucked up by currently_awake · · Score: 1

      Rule 1: No secret laws. All laws must be published and openly available to all citizens, free of charge. Maybe it could be added to the Constitution of the USA?

    22. Re:This is just fucked up by jklovanc · · Score: 1

      It would be a secret law if it was passed into law while secret. It is far from that. Can't you tell the difference between a secret law and secret negotiations toward a public law?

    23. Re:This is just fucked up by RespekMyAthorati · · Score: 1

      By then, there won't be time for any critical analysis leading to rejection of the agreement.

    24. Re:This is just fucked up by jklovanc · · Score: 1

      You have no idea how much time there will be.

  7. The elephants are stomping on us again by Anonymous Coward · · Score: 1

    One day the US may elect a government that isn’t Republican-controlled, but today is not that day.

    1. Re:The elephants are stomping on us again by SuricouRaven · · Score: 5, Insightful

      When it comes to corporate ownership, the parties are really no different. Just ask, when did you last see any politician of significent position advocate for less restrictive copyright law, or criticise the high subsidies granted to the agricultural industry?

      There seems to be an informal agreement between the parties as to which issues are designated the 'subjects of debate' - ideally things which get the public's emotions running high, but don't actually have a significent impact on those in charge or corporate profits. Gay marriage, abortion, that sort of thing.

    2. Re:The elephants are stomping on us again by Opportunist · · Score: 1

      What makes you think you have any say in choosing your government?

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    3. Re:The elephants are stomping on us again by ganjadude · · Score: 1

      this is beyond democrat and republican, this is about power, and right now both republicans and democrats are 2 sides of the same coin, they are playing us against each other while laughing all the way to the bank.

      --
      have you seen my sig? there are many others like it but none that are the same
    4. Re:The elephants are stomping on us again by Anonymous Coward · · Score: 0

      things which get the public's emotions running high, but don't actually have a significent impact on those in charge or corporate profits. Gay marriage, abortion, that sort of thing.

      You're right! The next logical step is to figure out how to build a large corporation on the basis of gay marriage -- then the debate will settle (and whatever position makes money pro-or-con will win)

    5. Re:The elephants are stomping on us again by Citizen+of+Earth · · Score: 2, Interesting

      Gay marriage, abortion,

      ... CEO pay. It's a stupid and inconsequential wedge issue for leftists like gay marriage is for rightists — "Some people somewhere are consensually doing something that offends my sensitive sensibilities, so it has to stop even though it's a private matter that I have no part in and no business sticking my nose into!"

    6. Re:The elephants are stomping on us again by stenvar · · Score: 2

      Trade negotiations are the responsibility of the administration, which is firmly controlled by the Democrats. And this Democratic administration, in particular, has been quite secretive in many ways.

      Get out of that stupid partisan mindset that the Democrats are the good guys.

    7. Re:The elephants are stomping on us again by PRMan · · Score: 1

      Christians believe that God destroys societies that accept homosexuality. That's why they believe it's their business.

      --
      Peter predicted that you would "deliberately forget" creation 2000 years ago...
    8. Re:The elephants are stomping on us again by Scarletdown · · Score: 1

      Christians believe that God destroys societies that accept homosexuality. That's why they believe it's their business.

      And it is a bloody shame that any organized mythology can have such a deep impact on public policy and the governing of a nation that is supposed to be hands off on such beliefs.

      --
      This space unintentionally left blank.
    9. Re:The elephants are stomping on us again by Mr.+Slippery · · Score: 5, Insightful

      "Some people somewhere are consensually doing something that offends my sensitive sensibilities, so it has to stop even though it's a private matter that I have no part in and no business sticking my nose into!"

      The behavior of corporations -- artificial persons created by state fiat -- is not a "private matter".

      --
      Tom Swiss | the infamous tms | my blog
      You cannot wash away blood with blood
    10. Re:The elephants are stomping on us again by melchoir55 · · Score: 1

      Our society has finite resources. When some individuals are allocated over 300 times the resources of other individuals then we are seeing the symptom of a significant societal problem. Governments exist in part to intervene in order to solve societal problems in non violent ways. Problems need to be solved. So, if we don't do it nonviolently through an authority in which we all agree has authority, the problem gets solved "the old fashioned way".

      When someone makes 2x as much as you and your buddy, the two of you might be incentivized to eliminate that person and take their resources. Twice as much isn't a lot, though, and in fact it isn't exactly safe to try stripping resources from someone when you only outnumber them 2 to 1. There is still a good chance that you could lose more than you could gain. How about when you ramp that ratio up to 300 to 1? That means 300 people could each double their resources by getting together and stripping the resources from a single other member of their society. Alternatively, 10 people could increase their resources by a factor of 30x by doing the same. I don't know how deep you understand human nature, or history, but this is a very bad situation for our society to be in for both the poor and the wealthy.

      The amount of guns and ammo sold over the past 5 years is another symptom resulting from what I'm describing. I'll let you connect the dots of where it will end if we stay on the oligarchy road. This is a cycle that has repeated since time immemorial in every oligarchy that has ever existed.

      Here are links for my numbers:
      http://money.cnn.com/2013/04/15/news/economy/ceo-pay-worker/
      http://thinkprogress.org/economy/2012/04/19/467516/ceo-pay-gap-2011/

      Comparing all this to whether two bros who love each other can have a practically meaningless (but symbolically meaningful) title applied to their relationship is ridiculous.

    11. Re:The elephants are stomping on us again by Anonymous Coward · · Score: 0

      Just like it's a bloody shame that groups of people touting "tolerance" are so quick to persecute people who don't agree with them? The sham at Mozilla was not the first and certainly not the last of the latest fad in witch hunts, but it is perhaps the most brazen in recent memory. I trust people preaching tolerance about as much as I trust people who say national security or it's for the children.

    12. Re:The elephants are stomping on us again by Anonymous Coward · · Score: 0

      "Tolerance" doesn't mean being tolerant of bigotry, it means stamping it out at all costs.

    13. Re:The elephants are stomping on us again by Anonymous Coward · · Score: 0

      So thats how people consistently vote against their own interests and continue to vote to put more power into those above them? Because even with absurd amounts of proof that one side is always misbehaving but no solid proof of the other side is doing the same, the other side is still "just as bad"?

    14. Re:The elephants are stomping on us again by Anonymous Coward · · Score: 0

      Nobody actually thinks the Democrats are the "good guys"; at best, they're the lesser of two evils, and since we have a two party system, our choices are always evil and more evil; a vote for neither is a vote for the status quo. Given the current system, the only way to improve it is to always vote for the lesser evil, and the system will adjust where in order for a party to 'win', they have to be less evil than the other party, creating a "race to the top".

      Unfortunately this only works if everybody does it. Too many people vote against their own interests because, despite being dirt poor in comparison, they consider themselves to be part of the "ruling class", and thus always vote to increase the power of the actual ruling class, which ensures they'll always be powerless.

    15. Re: The elephants are stomping on us again by Anonymous Coward · · Score: 1

      Using that rationale, i guess that Hitler, Pol pot, Stalin, etc. were not murderers they were just very "Tolerant" people that stomped out bigots against their ideal world views.

    16. Re:The elephants are stomping on us again by Anonymous Coward · · Score: 0

      Democrats destroyed Farm Bill, and that led to higher food prices...

    17. Re:The elephants are stomping on us again by Anonymous Coward · · Score: 0

      The fact that you are posting this on the internet means you yourself have over 300 times the resources of the bottom 3 billion people on this planet.

      The problem is that nobody is willing to accept that their station in life is privileged, and everyone is focused on the jealousy over what those above them in the heap have, and not looking for ways to recreate what they have for those below them.

      There's always going to be winners in this world, but it would do a lot more good to focus on making the losers lives better than contemplating taking from the winners to bring everyone down to your level.

    18. Re:The elephants are stomping on us again by Anonymous Coward · · Score: 0

      They are free to go wandering off into the desert and look for a new society if they are unhappy with the current one. Why should we care what they think when it's so clearly wrong?
      Why do we care what they believe, they are religious nutters, they believe lots of stupid things.

    19. Re:The elephants are stomping on us again by Concerned+Onlooker · · Score: 1

      It's time to throw your support behind Lessig's movement!

      https://mayday.us/v8/

      --
      http://www.rootstrikers.org/
    20. Re:The elephants are stomping on us again by dave420 · · Score: 1

      Wealth disparity affects everyone whereas gay marriage does not. Pretending that rich folks getting richer and everyone else getting less wealthy doesn't massively negatively affect society is ignoring the volumes of research on the matter.

    21. Re:The elephants are stomping on us again by Bert64 · · Score: 1

      Only it won't create such a race, since there are only two parties they will simply collaborate and basically take turns. Having to wait a few years for your next turn is far better than having to compromise on your goals by competing, or risking losing out to a third party.

      --
      http://spamdecoy.net - free throwaway anonymous email - avoid spam!
    22. Re: The elephants are stomping on us again by Anonymous Coward · · Score: 0

      The reason people focus upward on privilege is that it's better to broaden a higher standard of living than to deepen a lower one. Asceticism as intellectual consistency is leverage for the status quo. True consistency is broadening the benefits and responsibility of growth.

    23. Re:The elephants are stomping on us again by Phreakiture · · Score: 1

      Unfortunately, this is helping to keep your eye off the ball.

      --
      www.wavefront-av.com
    24. Re:The elephants are stomping on us again by Anonymous Coward · · Score: 0

      this organized mythology also impacts much of our views on morality and so even public policy such as those regarding murder and theft are due to these views.

      do you think laws on theft and murder are wrong? both of these are in the commandments for many religions.

  8. Not sure what the "secrecy" fuss is by schnell · · Score: 4, Insightful

    All treaties are negotiated in secret. Furthermore, at least in the US, no treaty is in effect until it is ratified by the Senate, at which point all the elements of the treaty will be public and heavily debated down to the last comma.

    It's great that Wikileaks is giving the world a heads-up view into what is being negotiated, but I don't understand why every Slashdot story about international treaties harps on "negotiated in secret" like that's unusual, or that a treaty can somehow take effect silently and invisibly.

    --
    "95% of all Slashdot .sig quotes are incorrect or completely fabricated." -Benjamin Franklin
    1. Re:Not sure what the "secrecy" fuss is by king+neckbeard · · Score: 4, Insightful

      Just because treaties often are negotiated in secret doesn't mean that they should be.

      --
      This is my signature. There are many like it, but this one is mine.
    2. Re:Not sure what the "secrecy" fuss is by Magnus+Pym · · Score: 5, Insightful

      You say that as if this is a good thing. Care to elaborate why it is a great idea why trade treaties (as opposed to defense & military) should be negotiated in secret? Seems to me (and many others who are experts on this subject matter) is that secrecy is a wonderful thing for the lobbyists and other corrupt bureaucrats and sucks for the people whom it would ultimately affect (i.e., all of us).

      As for it being debated on the senate floor... what a joke. By the time it gets to the senate, the issue has already been framed, and the range of acceptable options narrowly defined. The fact is that many of the ideas should never be allowed to even get that level of legitimacy.

    3. Re:Not sure what the "secrecy" fuss is by iplayfast · · Score: 2

      Off the top of my head, if any agreement is negotiated in secret, it has a much higher chance of agreement then if it is negotiated in public or by commitee. So the idea is that people you elect to represent you do it, and do it in secret in order to get things accoplished.

    4. Re:Not sure what the "secrecy" fuss is by Jeremy+Erwin · · Score: 2

      , at which point all the elements of the treaty will be public and heavily debated down to the last comma.

      unless the treaty is subject to the fast track negotiating authority. Furthermore, it is is quite difficult to negotiate a treaty if if it is known that that ratifying bodies plan to make substantive changes after the conclusion of negotiations.

      Better to debate before the treaty is signed-- and that cannot happen unless the negotiations are transparent.

    5. Re:Not sure what the "secrecy" fuss is by Opportunist · · Score: 3, Insightful

      Heavily debated? Where have you been hiding in the last couple years? Such things are introduced into the house/senate at the most inappropriate time (at least if the plan is that someone reads the shit, like, say, just before the members go on vacation), are composed of 1000+ pages that nobody WANTS to read and are rushed through because "delay could be very disadvantageous for our country, and trying to delay it is harming the US interests" (or similar bull).

      Now add that the politician's owner informs him that he should better say "ay" should he get asked and it should be obvious how "public" the whole shit ever gets.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    6. Re:Not sure what the "secrecy" fuss is by ganjadude · · Score: 3, Interesting

      "getting something accomplished" is not the job of the federal government. the role of the federal government is to enforce the rules of the constitution. Somewhere in the last 100 years the role of the government changed from uphold the constitution to bribe as many people as possible to bring as much federal money back to ones home district, and keep getting re-elected.

      --
      have you seen my sig? there are many others like it but none that are the same
    7. Re:Not sure what the "secrecy" fuss is by blackiner · · Score: 1

      Furthermore, at least in the US, no treaty is in effect until it is ratified by the Senate, at which point all the elements of the treaty will be public and heavily debated down to the last comma.

      Not if the treaty specifically states that the documents will be kept secret afterwards:

      Additionally, the current draft also includes language inferring that, upon the finishing of negotiations, the document will be kept classified for five full years.

    8. Re:Not sure what the "secrecy" fuss is by ericloewe · · Score: 3, Insightful

      Why not? It would only create additional, unnecessary public anxiety about stuff that might never even see the paper.

      As long as the final version (release candidate would be a better expression here) is properly publically analysed (and, if needed, rewritten), there's no problem.

    9. Re:Not sure what the "secrecy" fuss is by Sarten-X · · Score: 2, Insightful

      Secret negotiation provides an easy way to have a candid discussion, without worrying about vague implications of precise wording that one's political opponents will quote out of context and turn into the next hot election issue.

      For example, in a negotiation, a diplomat can say "we don't need the unions to have disproportionate control over production costs", in reference to potentially giving unions control over tariffs. In public, that diplomat can then be quoted as saying "we don't need the unions", and he's lost a large number of supporting votes right there. If he's a Democrat, his career's over, because he didn't toe the party line giving unions full control over everything commercial.

      Right now, I'd wager there's even a few Slashdotters getting mad at me because I used their precious unions in an example. Such is the danger of public discussion.

      You're right, though, that Congress routinely fails to say "no", on the assumption that full and fair negotiations have already taken place. That's the big problem: there's never any push for politicians to do what's right rather than just reinforce the party.

      --
      You do not have a moral or legal right to do absolutely anything you want.
    10. Re:Not sure what the "secrecy" fuss is by Anonymous Coward · · Score: 0

      "Open covenants, openly arrived at." Woodrow Wilson would be appalled.

    11. Re:Not sure what the "secrecy" fuss is by Bing+Tsher+E · · Score: 5, Insightful

      If the agents involved in the negotiations are private individuals, fine. They are entitled to their privacy. If government agents are involved, they are engaged in the People's Business and we are all entitled to oversee what they're up to.

    12. Re:Not sure what the "secrecy" fuss is by jklovanc · · Score: 1

      It infers that the draft will be kept secret not the final document. There is a big difference.

    13. Re:Not sure what the "secrecy" fuss is by Halo1 · · Score: 3, Insightful

      All treaties are negotiated in secret.

      Secret from the general populace: yes. Secret from large corporations and lobby groups: hell no.

      Furthermore, at least in the US, no treaty is in effect until it is ratified by the Senate, at which point all the elements of the treaty will be public and heavily debated down to the last comma.

      It's great that Wikileaks is giving the world a heads-up view into what is being negotiated, but I don't understand why every Slashdot story about international treaties harps on "negotiated in secret" like that's unusual, or that a treaty can somehow take effect silently and invisibly.

      I'm not sure whether you've ever tried influencing a non-binding agreement that was reached in diplomatic circles and which supposedly still needs to be ratified by politicians in public. I can tell you that by the time a completely negotiated deal ends up in a parliament, senate or council of ministers, there is an enormous amount of political pressure to approve it because of all of the efforts that went into negotiating that text. At that point, the negotiating parties have basically all said "yes, we agree with this and are willing to defend this text before our national politicians", and a very much used argument (that also carries a lot of weight) is then "we don't want to seem unreliable to our negotiation partners".

      Sure, they may sometimes make a little bit of fuss about small details to "demonstrate" they're not just rubberstamping it, but actually completely changing positions on a matter of substance almost never happens (unless there is a huge public outcry, or a very big business interest). And even if that happens, it means all those negotiations were largely for nothing, which could have been solved by having more transparency in the first place.

      --
      Donate free food here
    14. Re:Not sure what the "secrecy" fuss is by whoever57 · · Score: 1

      As long as the final version (release candidate would be a better expression here) is properly publically analysed (and, if needed, rewritten), there's no problem.

      But that's the point. There is no rewriting (which would imply re-negotiation) of the final version -- it becomes a take-it-or-leave-it option. That's one of the goals of the secrecy during negotiation.

      --
      The real "Libtards" are the Libertarians!
    15. Re:Not sure what the "secrecy" fuss is by whoever57 · · Score: 5, Insightful

      For example, in a negotiation, a diplomat can say "we don't need the unions to have disproportionate control over production costs", in reference to potentially giving unions control over tariffs

      But there is a huge difference between reporting the content of discussions between the parties and publishing early drafts of the proposed treaty.

      --
      The real "Libtards" are the Libertarians!
    16. Re: Not sure what the "secrecy" fuss is by Anonymous Coward · · Score: 0

      The Founders were well aware of the value of negotiating in secret. That's why the negotiations at the Constitutional Convention were held in secret (of course, some details leaked).

    17. Re: Not sure what the "secrecy" fuss is by ganjadude · · Score: 1

      oh dont get me wrong, Im not arguing that some things should not be done in secret. I dont believe trade agreements should be one of them.

      --
      have you seen my sig? there are many others like it but none that are the same
    18. Re:Not sure what the "secrecy" fuss is by cavreader · · Score: 1

      In this particular case the treaty is for defining the amount of interference the government will be allowed to inflict on both private and public companies. And the "Peoples Business" is whatever the loudest subgroup of blowhards believe it is at the time. And as the number of people involved in any decision making increases the collective IQ of the group decreases exponentially.

    19. Re:Not sure what the "secrecy" fuss is by mbone · · Score: 1

      This is not a treaty, it is an "agreement," which would rely on "Fast Track Authority" to get through Congress, as a simple bill requiring a 50% majority, non-filibusterable and not subject to amendment. The FTA rules are structured to not allow any meaningful debate in Congress.

      As it happens, FTA has expired, and a simple way to kill this BS would be to kill the Bipartisan Congressional Trade Priorities Act of 2014 now in Congress to revive it.

    20. Re:Not sure what the "secrecy" fuss is by ericloewe · · Score: 1

      Depends on how final the final draft is.

      Ideally, you open up the proceedings once the fundamentals are in place and everyone's basic demands have been met. From there, it's much easier to filter out the noise and actually improve the treaty.

      In practice, if it's felt that the current version won't hold up, it probably won't be the final "take-it-or-leave-it" version.

    21. Re:Not sure what the "secrecy" fuss is by westlake · · Score: 1

      Somewhere in the last 100 years the role of the government changed from uphold the constitution to bribe as many people as possible to bring as much federal money back to ones home district.

      The federal government has been in the business of building a national infrastructure since 1806. The National Road

      The infant Republican party of the 1850s was built on two principles --- "internal improvements" and opposition to the expansion of slavery into the new American territories.

      The language and the beneficiaries changed over the years, but the nineteenth century politician understood perfectly well that he was expected to bring home the bacon.

    22. Re:Not sure what the "secrecy" fuss is by Anonymous Coward · · Score: 0

      "no treaty is in effect until it is ratified by the Senate"

      The problem with that is the Senate will ratify the treaty so quickly, the public will not have chance to realize what has just happened. Then good luck getting change after a multi-country treaty has passed.

    23. Re:Not sure what the "secrecy" fuss is by lippydude · · Score: 1

      @schnell: 'All treaties are negotiated in secret. Furthermore, at least in the US, no treaty is in effect until it is ratified by the Senate, at which point all the elements of the treaty will be public and heavily debated down to the last comma.'
      --

      "The cover sheet records that the draft text will not be declassified until 5 years after the TISA comes into force or the negotiations are otherwise closed. Presumably this also applies to other documents aside from the final text. This exceeds the 4 years in the super-secretive Trans-Pacific Partnership Agreement (TPPA)! It also contradicts the hard-won transparency at the WTO, which has published documents relating to negotiations online for a number of years."

      "Secrecy during the negotiation of a binding and enforceable commercial treaty is objectionable and undemocratic, and invites poorly informed and biased decisions. Secrecy after the fact is patently designed to prevent the governments from being held accountable by their legislatures and citizens."

      "The suppression of background documents (travaux preparatoires) also creates legal problems. The Vienna Convention on the Law of Treaties recognises they are an essential tool for interpreting legal texts. Non-disclosure makes it impossible for policy-makers, regulators, non-government supervisory agencies, opposition political parties, financial services firms, academics and other commentators to understand the intended meaning or apply the text with confidence."

    24. Re:Not sure what the "secrecy" fuss is by AK+Marc · · Score: 1

      No, not all. The discussions are closed-door, but the daily decisions can be made "public", and the reasoning was usually made public. Some back-room deals are made. Trading one thing for another. But the general terms are not "always" hidden, as you implied.

    25. Re: Not sure what the "secrecy" fuss is by AK+Marc · · Score: 1

      Yeah, not like they published the Federalist Papers and all that. It was a secret thing. We don't even know who signed it.

    26. Re:Not sure what the "secrecy" fuss is by Anonymous Coward · · Score: 0

      "getting something accomplished" is not the job of the federal government. the role of the federal government is to enforce the rules of the constitution. Somewhere in the last 100 years the role of the government changed from uphold the constitution to bribe as many people as possible to bring as much federal money back to ones home district, and keep getting re-elected.

      What changed? The 16th Amendment and the 17th Amendment removed state governments as a check against an out-of-control federal government.

      Prior to those amendments, the federal government had no authority to levy taxes on individuals or companies, IIRC. To really raise revenue, they had to levy money from the states, apportioned by population. So the state legislatures would have to vote for taxes to raise the money to give to the feds. Oh, but wait - most states had their Senators selected by those very same legislatures.

      The 16th Amendment enabled the federal government to tax incomes and bypass the states in getting money directly from the people.

      The 17th Amendment prescribed direct election of Senators by the population of each state.

      And the people? They voted themselves bread and circuses.

      Yay, Progressives! Or not. (The original, late-19th and early-20th century types...)

    27. Re:Not sure what the "secrecy" fuss is by Anonymous Coward · · Score: 0

      And if those private individuals have the power to influence many people's lives and are negotiating on how to use that power to affect many people's lives, they are de facto acting as a government and are thus engaged in the People's Business, and we are entitled to see what they're up to.

    28. Re:Not sure what the "secrecy" fuss is by Anonymous Coward · · Score: 0

      Nonsense. You have to pass it to find out what's in it.

    29. Re: Not sure what the "secrecy" fuss is by Anonymous Coward · · Score: 0

      Because not all countries are the same, and in many it will never be published before it gets accepted. Even for the US having the first public discussions after it reaches congress seems a bit late for public opinions?

    30. Re:Not sure what the "secrecy" fuss is by Anonymous Coward · · Score: 0

      Why not? It would only create additional, unnecessary public anxiety about stuff that might never even see the paper.

      As long as the final version (release candidate would be a better expression here) is properly publically analysed (and, if needed, rewritten), there's no problem.

      Both you and I are subjects of the treaty. Neither of us had a say or was even informed of what was negotiated. That should answer "Why not?" sufficiently and explain why there is a problem.

    31. Re:Not sure what the "secrecy" fuss is by Uberbah · · Score: 1

      Secret negotiation provides an easy way to have a candid discussion, without worrying about vague implications of precise wording that one's political opponents will quote out of context and turn into the next hot election issue.

      Have you always hated democracy and wanted to return to some form of monarchy/dictatorship, or just when you get to work in some whining about unions?

    32. Re:Not sure what the "secrecy" fuss is by mgf64 · · Score: 1

      @schnell: 'All treaties are negotiated in secret. Furthermore, at least in the US, no treaty is in effect until it is ratified by the Senate, at which point all the elements of the treaty will be public and heavily debated down to the last comma.' -- "The cover sheet records that the draft text will not be declassified until 5 years after the TISA comes into force or the negotiations are otherwise closed. Presumably this also applies to other documents aside from the final text. This exceeds the 4 years in the super-secretive Trans-Pacific Partnership Agreement (TPPA)! It also contradicts the hard-won transparency at the WTO, which has published documents relating to negotiations online for a number of years." "Secrecy during the negotiation of a binding and enforceable commercial treaty is objectionable and undemocratic, and invites poorly informed and biased decisions. Secrecy after the fact is patently designed to prevent the governments from being held accountable by their legislatures and citizens." "The suppression of background documents (travaux preparatoires) also creates legal problems. The Vienna Convention on the Law of Treaties recognises they are an essential tool for interpreting legal texts. Non-disclosure makes it impossible for policy-makers, regulators, non-government supervisory agencies, opposition political parties, financial services firms, academics and other commentators to understand the intended meaning or apply the text with confidence."

      Mod parent up!

    33. Re:Not sure what the "secrecy" fuss is by king+neckbeard · · Score: 1

      Governments should ideally be completely open, with anything that needs to be not publicly accessible requiring an adequate justification for doing so.

      --
      This is my signature. There are many like it, but this one is mine.
    34. Re:Not sure what the "secrecy" fuss is by wytcld · · Score: 1

      Why not? It would only create additional, unnecessary public anxiety about stuff that might never even see the paper.

      As long as the final version (release candidate would be a better expression here) is properly publically analysed (and, if needed, rewritten), there's no problem.

      Stuff that "will never see the paper" can be implicit in the terms which end up in the public release. A lot of negotiation is in the form of, first, defining the goals (removing laws in various nations that limit the power and profits of transnational corporations), and then finding terms which enable those goals while presenting a veneer of respectability for the public. The consequences of the treaty language, if put into effect, are implicit, not stated plainly on the surface of the treaty. Of those in the US Senate who can follow through on the implications, most are complicit in the goals, effectively paid off. The rest are either too lazy or stupid to work it out, or will find their only route to a wider public audience through being interviewed on prime oulets like Russia Today.

      --
      "with their freedom lost all virtue lose" - Milton
    35. Re:Not sure what the "secrecy" fuss is by wytcld · · Score: 1

      a diplomat can say "we don't need the unions to have disproportionate control over production costs"

      Good example. Let's posit a world where we do need the unions to have a large say in production costs. This is a world which is rapidly sliding to political and social instability because the gains in GDP over the last 40 years have not been shared with the working and middle classes, due in large part to concerted, successful efforts to undermine the unions. Let's further posit that the results of prior transnational treaties have led to the political destabilization of many nations, and the rise of neofascist populist parties there.

      Where are the union representatives at these treaty negotiations? Where are the consumer advocates? If they're not there, this whole process isn't just bogus, it's a threat to future political and economic stability. Heavy-handed, opaque rule always leads to either collapse or revolution, or both.

      --
      "with their freedom lost all virtue lose" - Milton
    36. Re:Not sure what the "secrecy" fuss is by next_ghost · · Score: 1

      Off the top of my head, if any agreement is negotiated in secret, it has a much higher chance of agreement then if it is negotiated in public or by commitee. So the idea is that people you elect to represent you do it, and do it in secret in order to get things accoplished.

      Democracy is slow and it takes tons of work to agree on anything. That's not a bug, that's a feature.

    37. Re:Not sure what the "secrecy" fuss is by Anonymous Coward · · Score: 0

      All treaties are negotiated in secret. Furthermore, at least in the US, no treaty is in effect until it is ratified by the Senate, at which point all the elements of the treaty will be public and heavily debated down to the last comma.

      It's great that Wikileaks is giving the world a heads-up view into what is being negotiated, but I don't understand why every Slashdot story about international treaties harps on "negotiated in secret" like that's unusual, or that a treaty can somehow take effect silently and invisibly.

      Because if you are too retarded to forget the damage that ACTA could have done (in theory) then you're about as stupid as average joe on the street.

    38. Re:Not sure what the "secrecy" fuss is by Anonymous Coward · · Score: 0

      You are exactly right.

      For every sentence in the treaty, we should all go to the polls and vote whether we agree on it. Then, if any word is changed or modified, we should all go to the polls and vote as to the change. Then, we should all go to the polls and vote on the final product.

    39. Re:Not sure what the "secrecy" fuss is by Sarten-X · · Score: 1

      The inability to elect proper representatives has nothing to do with whether or not the negotiations are secret.

      --
      You do not have a moral or legal right to do absolutely anything you want.
    40. Re:Not sure what the "secrecy" fuss is by Anonymous Coward · · Score: 0

      No, just because it means people would object to what you are doing does /not/ mean public anxiety is "additional" and "unneccessary".

  9. Wikileaks is doing a great job by Anonymous Coward · · Score: 0

    at self-promotion as usual. The "two year anniversary" is getting higher billing that whatever secret documents he managed to rustle up.

    1. Re:Wikileaks is doing a great job by Rei · · Score: 0

      Come on, stop acting like Assange isn't the awesomeest awesome that ever awesomed; you know it's true.

      Assange for Senate in 2016! This time, without allying with the neo-Nazis!

      --
      "Close the door! What, were you born in a barn?" -- Police chief, "Jesus Christ Supercop"
    2. Re:Wikileaks is doing a great job by Uberbah · · Score: 1

      On a hunch, I pulled up this story and did a search for the letters r, e, and i. And what do you know! Everyone's favorite singe-rape activist had indeed shown up!

      By that, there are lots of people who would consider rape their #1 political or societal issue. However, there is only one person that cares about only one rape case. And that person is you.

      Hope the paychecks are of a decent size. Trolling any stories on Assange or Wikileaks with the same collection of lies and debunked talking points for years and years has to take a fair amount of effort, even if you keep your propaganda ready to copy-and-paste.

    3. Re:Wikileaks is doing a great job by Rei · · Score: 1

      that cares about only one rape case

      Oh, please, get over yourself. I was writing about rape's prevalence here on Slashdot earlier this week, in a thread on women in computing. Is that not often enough for you? Because I can write more about it if you'd like.

      lies and debunked talking points

      By all means, name a couple of things you think are "lies and debunked talking points"! I'm all ears!

      Hope the paychecks are of a decent size.

      But of course! You should see the porche I just bought with my dirty, dirty money. It's covered in solid gold! I mean, of course a person couldn't actually give a rat's arse about a famous person getting cheered on for running away from trial for rape and stirring up millions of agitators against the victims. No, you're too clever for me, nobody could give a rat's arse about that! It's all about the benjamins, baby!

      --
      "Close the door! What, were you born in a barn?" -- Police chief, "Jesus Christ Supercop"
  10. Signed On? by jklovanc · · Score: 4, Interesting

    This is yet another salacious post to garner attention. Here are a few things wrong with the post.
    1. It is impossible to sign on to an agreement that is still in negotiation.
    2. It is not a secret agreement as it's existence is posted in many places and some governments are asking for public consultation. The final text will be made available a debated when, and if, the countries involved vote on it.
    3. No international treaty is ever made public till the the final draft. Negotiators need to be free to negotiate.
    4. Many of these agreements never get to final draft as agreement sometimes is never reached,
    4. The agreement will not come into effect unless ratified by the duly elected governments of the countries involved. Until then no one has "signed on".

    Perhaps the reason behind this post is that WikiLeaks is not trending enough.

    1. Re:Signed On? by WoOS · · Score: 2

      The final text will be made available a debated when, and if, the countries involved vote on it.

      Care to explain how much "debating" will go on on the - as you point out - final text? After all, the standard argument will be that "this has already been negatioated and cannot be changed".

      And one of the main difference of these trade agreements nowadays to other treaties is that they try to change a huge set of existing laws along the way. Without discussion. And add extra-judical avenues for corporations to sue for compensation against existing laws, which basically annuls the whole legislative and judicative system.

  11. "Two-year anniversary" by Anonymous Coward · · Score: 0

    Second. Second anniversary.

    It's right there in the word itself!

  12. Bildeburgers by Anonymous Coward · · Score: 0

    No mention about the Bildegurger group?

  13. 45 years ago today by Anonymous Coward · · Score: 0

    Ron Santo (catcher, NY Mets) kicked up his heals on his way to the lockers this day, 45 years ago. That was June 22, 1969. That was the year of the "Amazing Mets". He drove a purple Caddie, the front-wheel drive Eldorado, and was often seen about New Yord City driving it.

  14. The EU is a country? by CurryCamel · · Score: 1

    Fifty countries around the globe have already signed [...] including [...] the European Union.

    Who cares about a secret trade agreement? Of course there are secret agreements... But that the EU finally shows its true colours - this is the news!

    1. Re:The EU is a country? by jklovanc · · Score: 2

      Was that a mistake are creative editing? No country as "signed" considering the negotiations are not even complete yet. Calling it "signed on" was bad enough. Calling it "signed" is even worse.

  15. Spin Doctors by jklovanc · · Score: 2

    I love this quote from the article;

    Additionally, the current draft also includes language inferring that, upon the finishing of negotiations, the document will be kept classified for five full years.

    It makes it sound like the annex will not be seen for 5 years after it is in effect.
    Here is the reason from the actual document;

    This document must be protected from unauthorized disclosure, but may be mailed or transmitted over unclassified e-mail or fax, discussed over unsecured phone lines, and stored on unclassified computer systems. It must be stored in a locked or secured building, room, or container.

    It refers to the current document as it is a draft. The final document will not have this clause as it will need to be debated before it can be passed by each country. WikiLeaks is again playing on the general lack of understanding of how complex treaties are and need to be negotiated.

    1. Re:Spin Doctors by Anonymous Coward · · Score: 0

      It refers to the current document as it is a draft. The final document will not have this clause as it will need to be debated before it can be passed by each country. WikiLeaks is again playing on the general lack of understanding of how complex treaties are and need to be negotiated.

      Everyone knows that the Five Eyes would be listening in - secured lines my arse! They're once again trying to take unfair advantage. My favourite is the "Unauthorised disclosure". Who does this refer to? Who is the "owner" of this international agreement? Who must my country bend over and take it from? Who must we ask permission from, exactly? Why is my government not permitted (again, by who?) to discuss major policy with the people?

      The "who?" questions are rhetorical, of course the answer is surprise, surprise: "The USA". Well, I have news for you: I am not beholden to the USA. I don't give a flying fuck about what some other country wants - I don't care if it's the USA, Russia, China or Gibraltar. I wish to see the document that my government is signing on my behalf. If that is uncomfortable for the party trying to establish this agreement, then this clues me in to the idea that there are major deceptions contained therein, benefitting the country pushing for the "silence" clause. ...as there are deceptions in your post:

      There's a difference between "WikiLeaks" and "nakedcapitalism.com".
      One is an organisation.
      One is a commentary/social networking website.

      You deliberately conflated the two, to try and discredit wikileaks.

    2. Re:Spin Doctors by mbone · · Score: 1

      This would not be a treaty - it should be, but it wouldn't. It would be an Act, nominally sent through Congress by Fast Track Authority (which has thankfully expired, although a bill to renew it is now in Congress). The entire point of FTA is to eliminate any meaningful debate in Congress.

      Let's be blunt - these "agreements" invariably represent efforts by corporate interests to obtain in secret what they could never get through Congress or by the ballot box in public. They are bad for the world, bad for the United States, and bad for our constitutional system of governance

    3. Re:Spin Doctors by jklovanc · · Score: 1

      Even with FTA Congress can still say no to the bill.

      The fast track negotiating authority (also called trade promotion authority or TPA, since 2002) for trade agreements is the authority of the President of the United States to negotiate international agreements that the Congress can approve or disapprove but cannot amend or filibuster.

      It is funny that if FTA was so bad then why did congress vote for it?

    4. Re:Spin Doctors by Anonymous Coward · · Score: 1

      There is a difference -- Naked Capitalism is written by and populated by economists, traders, and other subject matter experts. Wikileaks is not. Since this is about a trade agreement, the economists would know a few things about that. It is not an attempt to discredit Wikileaks - economists aren't interested in conducting or hosting leaks, its not their field. They *can* however say something about the contents of this.

    5. Re:Spin Doctors by Anonymous Coward · · Score: 0

      It is funny that if FTA was so bad then why did congress vote for it?

      Rampant corruption.

    6. Re:Spin Doctors by Anonymous Coward · · Score: 0

      > It is funny that if FTA was so bad then why did congress vote for it?

      Your naivete is stunning. There are all kinds of reasons starting with lobbying and party politics (which are an explicit attempt to circumvent the system of checks and balances embodied in the three branches of government.

    7. Re:Spin Doctors by Anonymous Coward · · Score: 0

      Not sure if you're being sarcastic or just retarded. In the unlikely case you're not joking, please don't vote.

    8. Re:Spin Doctors by Uberbah · · Score: 1

      WikiLeaks is again playing on the general lack of understanding of how complex treaties are and need to be negotiated.

      Your spin is lame, doctor.

  16. Not technically by bussdriver · · Score: 1

    Things can be agreed upon before the official formal agreement happens. This is not unusual. Business meetings do this all the time before the lawyers get into the details of writing up the formal agreement which can literally take months to get a final deal.

    This this means is that officials and governments have signed on to the basics the financial industry bribed them to do. It is more likely they will follow thru officially later one because of the power of the banksters over the world.

    Also, I do not claim to understand how all governments function; some of the governments may be capable of officially "signing on" to open ended deals before they are formalized. A dictator for example could do something like this (and just as easily break their word later on;) a verbal general agreement would be possible.

    1. Re:Not technically by jklovanc · · Score: 1

      Until it is official any possible "signing on" is meaningless as it has no effect of current laws.

    2. Re:Not technically by erroneus · · Score: 2

      And once it's official? What then? "Too late?!"

      This is the point of all this. As these things are happening, they need to be stopped not after they are enacted. Do you prefer to prevent disease or cure it after it happens?

    3. Re:Not technically by jklovanc · · Score: 1

      Once it is official it still has to be voted on by the countries that might agree to it. The only think important to see is the final draft and not all the documents before it.

      As these things are happening, they need to be stopped not after they are enacted.

      So not knowing the contents of the document or what it's effect will be you are sure it is bad. That is not an informed decision. Wait till the documents are published, and they will be, then make a decision.

      Do you prefer to prevent disease or cure it after it happens?

      Do you prefer to pass judgement on an inaccurate, incomplete document or the final document.

    4. Re:Not technically by erroneus · · Score: 2

      What they are trying to do is pretty obvious. The final will not differ greatly from the drafts. We have seen all of this before. Your wait and see attitude is what enables the creep to go forward. It's time to be done with that. It just doesn't work.

    5. Re:Not technically by TapeCutter · · Score: 1
      Your post demonstrates the problem here, you are convinced "they need to be stopped" but you have no idea what it is "they" are doing. It's the government snoop's "if you have nothing to hide" accusation in reverse.

      And once it's official? What then? "Too late?!"

      In a democracy it's never too late, that's why the constitution has amendments. Really, just relax and wait until they get their shit together and tell you what they want, they're not getting it until they do so, so what's the problem?

      --
      And did you exchange a walk on part in the war for a lead role in a cage? - Pink Floyd.
    6. Re:Not technically by erroneus · · Score: 1

      Regulation they are seeking to remove was not an arbitrary measure. In fact, the regulation of government which is the constitution was not an arbitrary measure. For many hundreds, if not thousands of years, people have known well and understood human nature and the nature of currencies. We keep having to re-learn many of these things as if they are new or our arrogance makes us believe old measures are no longer applicable.

      A simple truth is this. The only way for man to be more than he is, is to live within a structure of laws which limit the harm we can do to one another while enabling the best of what we can do.

      The nature of financial regulation is to limit the harm that can be done to the world's financial systems. It is generally agreed that the prior global financial crisis (which is still going on, I will remind you) was the result of similar collusion to relax regulations. The harm of 'the first wave' is still being felt and remedies of the causes have been limited. (Aren't you at all concerned that the markets are enjoying amazing vibrancy while the pedestrian [producing] economy is still pretty bad?) To allow a second wave to occur simply because it hsn't been finalized is to fail to appreciate the general nature of what is being attempted.

      What you are advocating is dangerous and akin to "let's pass it so we can see what is in it." And in the US where there is a dark and ugly history of legislation being passed in the dead of night? You would trust to let things get that close? I think you trust government too much.

    7. Re:Not technically by jklovanc · · Score: 1

      That is a lot of insight for someone who has never seen the text of a document that has not been completed yet. Your rant is complete conjecture.

    8. Re:Not technically by jklovanc · · Score: 1

      . The final will not differ greatly from the drafts.

      You know that how?

      Your wait and see attitude is what enables the creep to go forward. It's time to be done with that. It just doesn't work.

      Since there have been few leaks and no final documents you know very little about the agreement yet you want to stop it now. What is your decision based on?

    9. Re:Not technically by Uberbah · · Score: 1

      Your post demonstrates the problem here, you are convinced "they need to be stopped" but you have no idea what it is "they" are doing. It's the government snoop's "if you have nothing to hide" accusation in reverse.

      The treaty could stipulate that everyone gets free blow jobs and puppies, but it wouldn't change the fact that secret laws are anti-ethical to democracy and the consent of the governed.

      In a democracy it's never too late, that's why the constitution has amendments.

      Snort. Right, just like how NAFTA was renegotiated and Gramm-Leach-Bailey was repealed, along the DMCA and telecom deregulation.

    10. Re:Not technically by Uberbah · · Score: 1

      The final will not differ greatly from the drafts.

      You know that how?

      They aren't going to spend years writing drafts only to shred them and come up with an entirely new agreement - and then pass it - within a matter of months.

      Since there have been few leaks and no final documents you know very little about the agreement yet you want to stop it now. What is your decision based on?

      Secret laws are anti-ethical to democracy, and ruling by the consent of the governed.

    11. Re:Not technically by erroneus · · Score: 1

      The generalities and principles of what I speak are pretty universal. It is arrogant to believe that those general principles do not hold true for all time.

    12. Re:Not technically by jklovanc · · Score: 1

      They aren't going to spend years writing drafts only to shred them and come up with an entirely new agreement - and then pass it - within a matter of months.

      No, but the 20th draft may look very different than the first draft so debating the first draft would be irrelevant.

      Secret laws are anti-ethical to democracy, and ruling by the consent of the governed.

      Before the law would be voted on it would be published during first and second reading. The law would no longer be secret and your argument against "secret laws" therefore moot. It is not a "secret law" but a confidential negotiation toward a very public law. Every law is done this way. Do you really think that the public sees every draft of every law that goes into effect? The drafts are passed around behind closed doors until they get a draft that the supporters thing will pass and then they submit it. "Secret laws" and confidential negotiations are very different things.

    13. Re:Not technically by jklovanc · · Score: 1

      It is arrogant to believe that those general principles do not hold true for all time.

      It is also arrogant to believe you know what is in a document that you have not read and has not been finished yet.

    14. Re:Not technically by Uberbah · · Score: 1

      "Secret laws" and confidential negotiations are very different things.

      As long as the law is crafted in those "confidential" negotiations, that's a distinction without a difference. And what excuse is there for keeping laws that will effect billions of people "confidential" in the first place? This isn't FDR getting together with Churchill and Staling discussing strategy on how to beat Germany, it's civil law.

      Before the law would be voted on it would be published during first and second reading.

      When it's subjected to "fast track authority", which will prevent amendments from modifying the terms agreed to in secret. By design.

      No, but the 20th draft may look very different than the first draft so debating the first draft would be irrelevant.

      Irrelevant? Only if you ignore the last three decades or more of history. The time to push back against unacceptable provisions is early and often, not at the last minute when they wheel out the "zomg we must pass this it's our last chance and it's your fault if the crumbs to help the unemployed/sick/jobless fail" shtick.

      See: NAFTA, Telecom Deregulation, DMCA, Gramm-Leech-Bailey, Patriot Act, AUMF, telecom immunity, Obomneycare, NDAA, sequester, etc etc etc.

  17. it says "the US signed it" by Anonymous Coward · · Score: 0

    But a country can't fucking write.

    Which treasonous fuck, who swore to uphold the constitution, signed this act of treason?

    Snowden should be free, while the traitorous USA elected officials should all be hung for treason.

  18. "deregulate global financial services markets" by Anonymous Coward · · Score: 0

    Does that mean less red tape and "suspicious activity" monitoring and such?

    Or is this yet again just for the industry itself, and not for citizens?

    1. Re:"deregulate global financial services markets" by erroneus · · Score: 1

      Regulation is always put in to prevent "stupid things" from happening. Remove the regulation and stupid things will resume.

  19. WikiLeaks' transparency groups editor by Anonymous Coward · · Score: 0

    Why don't you just come out and say Edward Snowden? Jesus christ.

  20. I'm just going to re-quote this for emphasis: by inode_buddha · · Score: 1

    I'm just going to re-quote this for emphasis:

    The development of global finance rules under the guise of âtradeâ(TM) was the brainchild of senior executives of AIG, American Express, Citicorp and Merrill Lynch in the late 1970s. Their role, and subsequently a broader lobby called the Financial Leaders Group, is well documented. The former director of the WTOâ(TM)s services division himself acknowledged in 1997 that: âWithout the enormous pressure generated by the American financial services sector, particularly companies like American Express and Citicorp, there would have been no services agreementâ(TM).16

    As the lobby evolved it was still led from Wall Street, but expanded to include the major insurance and banking institutions, investment banks and auxiliary financial services providers, from funds managers to credit-rating agencies and even the news agency Reuters. They were later joined by the e-finance and electronic payments industry, which includes credit, stored value and loyalty cards, ATM management, and payment systems operators like PayPal.

    The industry lobbyists have also set the demands for financial services in TISA. The Chairman of the Board of the US Coalition of Service Industries is the Vice Chairman of the Institutional Clients Group at Citi. When the industryâ(TM)s demands, as expressed in the consultation on TISA conducted by the US Trade Representative in 2013, are matched against the leaked text it becomes clear that they stand to get most of what they asked for. Extracts from their submissions are listed at the end of this document.

    Why is it OK for for private businesses to negotiate worldwide treaties, but not let citizens have any say in the treaty? They are both private entities, not the government. But somehow, the financial sector is given special privilege in this regard.

    "

    --
    C|N>K
  21. Oppose the BCTPA by mbone · · Score: 1

    The Bipartisan Congressional Trade Priorities Act of 2014 is now in Congress to revive the expired "Fast Track Authority," and should be opposed by anyone against TPP, TISA, etc. I was originally supportive of Fast Track, but I think it has been badly abused and is dangerous to the constitutional separation of powers. It has expired; like Frankenstein's monster, it would be best if were not resurrected.

  22. Steps to global conspiracy by erroneus · · Score: 2

    1. Negotiate secret deals to deregulate
    2. Watch the collapse
    3. Create one-world-currency-system
    4. Profit! (for them) Enslavement! (for the rest of us)

    Meanwhile, the people they hire to use guns and other enforcement measures are "just doing their jobs."

    1. Re:Steps to global conspiracy by Anonymous Coward · · Score: 0

      I fail to see the point of your point 3. With the recent financial crisis, it seems clear that one can proceed directly from 2 to 4, without having a "world currency", whatever that means.

    2. Re:Steps to global conspiracy by erroneus · · Score: 1

      Multiple currencies means that currencies, and the nations backing them, compete and values will fluctuate against one another but, in theory, not terribly so. We can see the problems of the manipulations of the US dollar even now and the "QE" is still going on meaning they are continuing to devalue the dollar. Imagine that kind of scamsmanship on a 100% global scale?

      A world currency means whoever controls the currency controls the world. There is no, and can be no, democracy there. There is none in the US where the privately owned and controlled Federal Reserve Bank system is concerned. And before you or anyone else says "but they are accountable to..." Yeah? Learn about the year-after-year-after-year continuing effort to do an audit on the Federal Reserve and see how far we have gotten. They AREN'T accountable to anyone as long as we cannot intervene, let alone review what they are doing.

    3. Re:Steps to global conspiracy by Anonymous Coward · · Score: 0

      1 global currency means the US cannot devalue as it sees fit and profit at everyone else's expense. For that 1 reason alone it will never happen. The US already controls the world, why give anyone else power?
      Sorry but you're deluded.

    4. Re:Steps to global conspiracy by erroneus · · Score: 1

      That's a good point. You're saying manipulating currency wouldn't be as "noticable." But it would be even more dangerous. Controlling the money means controlling the world. The US does not control the world and the world has been pushing back to prove it. This is not delusion. This is watching events from other global perspectives, not just the carefully selective feeds available in the US.

    5. Re:Steps to global conspiracy by Anonymous Coward · · Score: 0

      Nope the US can add and subtract from the money supply at a whim and influence things more than any other country already. If all the currencies were the same or even strongly linked to the US this wouldn't be possible. It would be too rigid and inflexible. It's the same reason another gold standard will never be implemented.
      No other country has as much influence on money as the US, they can simply out print anyone will less consequences than the other guys. It's currency market is far too deep and liquid for any other currency to come close. They have such a massive advantage due to being the de-facto reserve currency of the world, they would be foolish to share that power with anyone.

  23. Let's look at the Canadian example by sandbagger · · Score: 5, Insightful

    Canada was openly ridiculed by the US for not deregulating its financial industry right up until the financial disaster. By an large, Canada escaped disaster that plagued the other G8 countries in the banking meltdown.

    So, we have recent proof that strict financial regulation works and yet they want to keep doubling down on deregulation?

    --
    ---- The above post was generated by the Turing Institute. Maybe.
    1. Re:Let's look at the Canadian example by Anonymous Coward · · Score: 0

      Dereg buys more CEO sports cars = automatically good.
      Who gives a fuck about those floppy headed Canadians?

    2. Re:Let's look at the Canadian example by Anonymous Coward · · Score: 0

      T planet's wealthy people make an awful lot of money from the meltdown. They'd love it to happen regularly. Each time the poor or middle classes loses wealth, it gets vacuumed up by the system, the very cream of the wealthy.

    3. Re:Let's look at the Canadian example by Anonymous Coward · · Score: 0

      Of course, the .0001% made profits in the 1000 x on this scam.

      Captcha: unequal

    4. Re:Let's look at the Canadian example by davek · · Score: 1

      Canada was openly ridiculed by the US for not deregulating its financial industry right up until the financial disaster. By an large, Canada escaped disaster that plagued the other G8 countries in the banking meltdown.

      So, we have recent proof that strict financial regulation works and yet they want to keep doubling down on deregulation?

      The argument of "See! It works in $OTHER_COUNTRY! Why is the US so dumb in not doing it the same way?" is getting really tired. Maybe if the US was full of 300 million Canadians, I might agree with you, but it isn't. Even if I stipulate that Canada "works" (which I certainly do not), what works there doesn't necessarly work here

      Also, the Canadian housing bubble never really popped. Rest assured that it will. http://www.thefinancialblogger...

      --
      6th Street Radio @ddombrowsky
    5. Re:Let's look at the Canadian example by Uberbah · · Score: 1

      The argument of "See! It works in $OTHER_COUNTRY! Why is the US so dumb in not doing it the same way?" is getting really tired.

      You butthurt American Exceptionalists are so cute. Nevermind that the U.S. had similar regulations that kept this sort of catastrophe from happening, before Clinton and Congress repealed it. So you're wrong on both counts.

    6. Re:Let's look at the Canadian example by Anonymous Coward · · Score: 0

      Sure. Next time they know the bailout will come.

  24. Slashdot Care Factor by Anonymous Coward · · Score: 0

    Basically the people don't give a rats arse about getting screwed on anything in this treaty as long as they can torrent GoT.

  25. Not sure what the by Anonymous Coward · · Score: 0

    False. Every time, these unpopular bills are submitted when they can avoid negotiation. Every trick in the book is used, from submitting them in parts as riders to other bills (initiated by bribed politicians from committees) to submitting the bill just before recess or when key opponents are out.

  26. Why in hell would a trade treaty be secret? by Applehu+Akbar · · Score: 2, Insightful

    Any treaty binding the businesses of two or more countries would have to be known to all concerned, surely.

  27. Sick Treaty by JimSadler · · Score: 2, Interesting

    Considering that the US and Europe were slammed to the dirt by lack of business regulation and enforcement it seems reasonable to me that we insist on far tight regulation and enforcement and more severe penalties for breaches as well. In essence the government encourages crime by issuing penalties that are far less than the money gained by criminal, business, behaviors. GM is a huge example of that right now with the ignition switch murders. That is serious enough to seize the assets and sell of everything GM owns and put executives under the prison.

    1. Re:Sick Treaty by Anonymous Coward · · Score: 0

      Commit to...
      Bullshit. try doing business with many Asian counties. Free market trade of Chinese Yuan - well no. Gold without reporting - no, Big deposits, well no, own land/property - err no.
      Iceland to commit to being overexposed , yup , sure can. It is about depositors being ripped off, to unregulated risks, where banks decide what is appropriate and the terms if they get it wrong (help, bailout etc).

  28. Corporate Serfs by Anonymous Coward · · Score: 0

    I for one welcome our corporate overlords. I pray that through God's grace to experience something more than my station in life will allow and allow me to become a Squire to one of our most loyal corporate Knights.

    Watching my less fortunate and undeserving brethren toiling the fields as I listen to them under their breath call me a housenigger will be an unimaginable pleasure to be greatly relished.

  29. Alchemist chimes in. by Anonymous Coward · · Score: 0

    > A world currency means whoever controls the currency controls the world. There is no, and can be no, democracy there.

    What about using gold, silver and platinum coinage as the "one world currency"? Why would that eliminate democracy?

    1. Re:Alchemist chimes in. by erroneus · · Score: 1

      That, of course, would not happen. "Gold standards" have been destroyed by the central banks of the world. Global fraud as to the location and quantity of gold available is still a quiet and under-reported scandal. It is not in the interests of the banks to rely on something which they cannot easily manipulate. We have seen that a great deal in the past even to the point that they over-sold gold and silver certificates by a wide margin. They always seek to do this and will always seek to do this. These kinda of things are the reasons banking regulations have been put into place. And now they wish to deregulate. What could possibly go wrong?

  30. Unlikely to ever happen by Anonymous Coward · · Score: 0

    The contents of this legislation are so utterly morally repugnant, that no politician outside the United States, would ever put their name to supporting it.

  31. Hahaha excellent! by GameboyRMH · · Score: 1

    This could bring about the collapse of capitalism before the end of the decade!

    --
    "When information is power, privacy is freedom" - Jah-Wren Ryel
  32. US Chamber of Commerce by oh_my_080980980 · · Score: 1

    How are they not considered a terrorist organization.......

  33. Let's look at the Canadian example by Anonymous Coward · · Score: 0

    Even better, Canada did and does not permit mortgage interest paid to be deductible from income, thereby avoiding the problem the US had with corporate malfeasance in mortgage loans. (And contrary to American fear-mongering, the practice has definitely not lead to lower real estate values.)

  34. Free trade good, secrecy bad. by leereyno · · Score: 1

    Free trade is good. Getting government out of the business of telling businesses how to do business -- is good.

    Doing this in secret....not so good.

    This kind of secrecy does to trust in government what tariffs and regulation do to the economy, undermine it.

    --
    Muslim community leaders warn of backlash from tomorrow morning's terrorist attack.