Saturday, April 25, 2015

Rights of the Privileged Corporate Sector Enshrined in Trade Deals

America's elected officials take an oath to uphold the U.S. Constitution.  Members of Congress must state they "do solemnly swear or affirm (as the case may be) that I will support the Constitution of the United States.”  The Presidential oath of office states:

I do solemnly swear (or affirm) that I will faithfully execute the Office of President of the United States, and will to the best of my ability, preserve, protect and defend the Constitution of the United States.
These very officials plan to subjugate the Constitution to corporate rights and privileges via international trade deals.  Language shows even the expectation of profits to be a right.

Every asset, capital, expectation of profit, assumption of risk.  It takes very little imagination to see how far this might go.

The Carlyle Group's David Rubenstein speaks frequently of his firm's ability to achieve 30% annual returns on investment.  This number is gamed by not including Carlyle's failures or by rolling them up before their annual anniversary. as Carlyle recently did with two mutual funds.  Yet, it clearly is Carlyle's marketing spiel to investors.

What happens if a government action, based on the legal framework of local citizens and their elected leaders, negatively impacts Carlyle's investment?  Can Carlyle can take that to arbitration based on an unfulfilled expectation of profit? 

America walks back in time to the Magna Carta, a treatise from forty barons.

Magna Carta was written by a group of 13th-century barons to protect their rights and property against a tyrannical king. It is concerned with many practical matters and specific grievances relevant to the feudal system under which they lived. The interests of the common man were hardly apparent in the minds of the men who brokered the agreement. 
President Obama's trade deals are on behalf of 21st century robber barons to protect their rights of commerce and profit against constitutional governments.  The interests of the common man are hardly apparent if the common man has no right to see or view the deal.

Will members of Congress and the President violate their oath of office in approving trade deals that make the U.S. Constitution irrelevant?  It appears to be a bipartisan effort, fully supported by America's two royal families, Bush and Clinton.  Even Prince Charles visited the U.S. recently to talk about a new Magna Carta for the world.  It appears we have it in Obama's secret trade agreements.

Update 4-30-15:  Corporations are people under the Supreme Court.  They're full fledged nations under Obama's trade agreements.