Wednesday morning a document was leaked that reveals President Obama’s plans to surrender American sovereignty to international tribunals. This is one of several frightening provisions of the Trans-Pacific Strategic Economic Partnership (also known as the Trans-Pacific Partnership, or TPP) being negotiated in secret by American trade representatives.
In the now-public document, as part of its membership in the TPP, the United States would agree to exempt foreign corporations from our laws and regulations, placing the resolution of any disputes as to the applicability of those matters to foreign business in the hands of an international arbitration tribunal overseen by the Secretary General of the United Nations.
The leaked information confirms the fears of many who have opposed this trade agreement from the beginning. Several groups from the Left and the Right have decried the shroud of secrecy covering the TPP negotiations and are now vindicated by Wednesday’s revelations.
One of these valiant organizations defending the sovereignty of the United States is Americans for Limited Government (ALG). On Thursday, ALG released a statement drawing attention to the leaked TPP agreement, as well as ably pointing out some of the most noxious aspects of it.
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Photo: President Barack Obama, third right, stands with Prime Minister Julia Gillard of Australia, left, President Sebastian Pinera of Chile, second left, Prime Minister Lee Hsien Loong of Singapore, third left, Prime Minister John Key of New Zealand, second right, and Sultan Hassanal Bolkiah of Brunei, right, as they take part in the Trans-Pacific Partnership meeting at the APEC summit in Yokohama, Japan, Nov. 14, 2011.: AP Images