CD114: Trans-Pacific Partnership (TPP) Investment Chapter

The Trans-Pacific Partnership is finished and will be eligible for a vote in Congress in February 2016. In December, the Democrats held a hearing on the Investment chapter of the Trans-Pacific Partnership. In this episode, highlights from that hearing and a summary of the provisions in one of the TPP's most important chapters. Please support Congressional Dish: to contribute with PayPal or Bitcoin; click the PayPal "Make it Monthly" checkbox to create a monthly subscription to support Congressional Dish for each episode via Patreon Mail Contributions to: 5753 Hwy 85 North #4576 Crestview, FL 32536 Thank you for supporting truly independent media! Trans-Pacific Partnership Text , Office of the US Trade Representative, November 5, 2015. Hearing Highlighted in this Episode , House Ways and Means Committee (Democrats), December 2, 2015. Deputy Director and Adjunct Professor of law at the Harrison Institute for Public Law, Georgetown University Law Center Served on the during the Obama Administration Parter at , an international corporate law firm with 9 offices in the United States and 11 offices outside the country (see for list of clients) Served in the Office of the US Trade Representatives and on the National Security Council during the George W. Bush administration Served on the during the Obama Administration Vice President of during the George W. Bush administration Was a as an Associate at Sidley Austin during the George W. Bush administration's early years Was on the Democratic staff of the US Senate Committee on Finance during the early Obama administration years. Former staffer to former Rep. Earl Pomeroy for over nine years. Deputy Chief of Staff, , which represents 12.5 million American workers. Vice Chairwoman of the during the Obama Administration Investment Chapter Highlights : Countries can't treat companies from other countries any differently than they treat companies from their own : Countries must provide police protection to foreign companies : Removal of subsidies does not count as a violation of the treaty, even if the company is financially harmed : Countries can nationalize their assets if they pay the companies with interest : Countries can not require companies to use domestic goods or to buy products from within the country ("Buy American") : Conflicts between multinational companies and TPP countries will be settled through the Investor-State Dispute Settlement system : There is a statute of limitations of three years, six months from when the company should have known a "breach" occurred : The three judges will be selected by the company and the government involved (one each) and the third one either agreed upon or appointed by the : The tribunal can award attorney's fees to the case winner : The burden of proof lies with the company making the claim : ISDS tribunal documents will be available to the public : Puts limits on the awards Sound Clip Sources YouTube Video: , February 15, 2015. Additional Reading Article: by Vicki Needham, The Hill, November 5, 2015. Article: by Alexandra Stevenson, New York Times, October 15, 2015. Article: by Kevin Granville, New York Times, October 5, 2015. Op-Ed: by Rep. Ron Kind, LaCrosse Tribune, April 13, 2015 Article: , The Canadian Press, March 20, 2015. Report: by Ian Fergusson, Mark McMinimy, and Brock Williams, Congressional Research Service, March 20, 2015. Report: , United Nations Conference on Trade and Development, June 26, 2013. Article: by Felix Salon, Reuters, December 11, 2009. Music Presented in This Episode Intro & Exit: by (found on by mevio) Cover Art Design by