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ISDS is not about giving unlimited rights to multinationals to challenge any legislative measure taken by sovereign states in any area of regulation. Under TTIP, investors will not be compensated with taxpayers' money just because of a fall in profits due to a change in the law. Nor will it be possible for investors to override bans of practices like fracking.

When I read a statement like this my base assumption is that it is misleading, misdirecting public relations blather:

*ISDS is not about giving unlimited rights to multinationals... Translation: Well, yes. They will be given almost unlimited rights.

*investors will not be compensated with taxpayers' money just because of a fall in profits due to a change in the law. Translation: Put 'just' in bold.

*Nor will it be possible for investors to override bans of practices like fracking. True! That is what all of the rented politicians are for.

There should be an award for beneficial candor regarding public affairs from a public official. The inaugural award should go to Jean-Claude-Juncker for his statement: "When it is serious you have to lie." How do you tell if it is serious? If it involves $billions that oligarchs can make by fleecing the public and/or polluting the commons it is very serious.

The ancient Greeks had the tradition that any citizen could scratch someone's name on a pottery shard, or 'ostrakon' and drop it in a depository. With a sufficient number of such 'votes' the designated person would have to leave the city or commit suicide. Were there such an option today most of our leaders would, quite deservedly, fall victim.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Jan 18th, 2014 at 12:58:10 AM EST
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