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All 12 Member Countries Sign Off On the TPP (freezenet.ca)
Dangerous_Minds writes: News is surfacing that the TPP has officially been signed by all 12 member countries. This marks the beginning of the final step towards ratification. Freezenet has a quick rundown of what copyright provisions are contained in the agreement, including traffic shaping, site blocking, enforcement of copyright when infringement is "imminent," and a government mandate for ISPs to install backdoors for the purpose of tracking copyright infringement on the Internet.
It hasn't been ratified though. There are significant benefits to being an original signatory on any international treaty, and every member country is afraid of being left in the dust if they don't. There are provisions requiring signatories to ratify certain provisions, but it has not been ratified yet, only signed, and there is a big difference.
The TPP might actually be a net financial gain for the United States - unfortunately, at the expense of other countries involved. A number of provisions in it give an unfair advantage to the US, because they have demanded that these provisions be put in.
Michael Geist is doing a very good review of all the problems with the TPP, and has been posting daily about it for about a month now. It's a rather Canadian perspective on it, but a good read nonetheless.
"Government is like fire; a handy servant, but a dangerous master." -- George Washington
Investor-state dispute settlements here we come
According to The Nation's interpretation of leaked documents in 2012, countries would be required to conform their domestic laws and regulations to the TPP Agreement, which includes provisions on government spending in certain areas
https://en.wikipedia.org/wiki/Trans-Pacific_Partnership#Investor.E2.80.93state_arbitration_.28ISDS.29
Welcome to shadowrun chummer
Hillary being "against" it is hilarious because you have to remember that this thing has been going on long enough that she literally was involved in negotiating it. Her hands are already all over the TPP. The only reason she's "against" it is because Bernie is against it. Once Bernie loses the nomination (and he will, democracy doesn't mean shit to the DNC), she'll forget all about being "against" the TPP.