Liquid Plutonium Destined for Your Kid’s Cereal—Courtesy of NAFTA/TPP-TTIP/ISDS?
OK, it's a hypothetical, but the NAFTA lawyer quote is pretty creepy anyway.
http://www.nationofchange.org/2015/05/20/liquid-plutonium-destined-for-your-kids-cereal-courtesy-of-naftatpp-ttipisds/
”It wouldn’t matter if a substance was liquid plutonium destined for a child’s breakfast cereal. If the government bans a product and a US based company loses profits, the company can claim damages under NAFTA.”
(Source : http://www.huffingtonpost.com/2015/05/14/trade-deal-food-safety- n7287622.html )
This bone-chilling response came from a corporate attorney working for the Ethyl Corporation, during a 1997 NAFTA challenge against the Canadian government. Canada had outlawed the gasoline additive MMT over possible health concerns. Ethyl was the U.S. corporation that produced the gasoline additive MMT which had been banned in Canada. Ethyl corporation brought its objections to the international arbitration panel under the Investor-State Dispute Settlement system, aka ISDS; to claim damages for lost profits, under NAFTA. Ethyl argued that the law banning this additive was …’tantamount to expropriation.’ (Source: http://www.huffingtonpost.com/2015/05/14/trade-deal-food-safety-_n_7287622.html)
Under NAFTA–Ethyl won and consumers lost. The Canadian government had to transfer 13 million from taxpayers– to Ethyl. The Canadian people’s right to self-govern was nullified by this corporate pseudo-legal theft. Concerns over possible health damage or even the right of self-governance were sacrificed to the gods of corporate profits. Subsequently the callous arrogance of the ‘liquid plutonium in Junior’s Captain Crunch’ commentary, merely matched the arrogance of this new class of ‘corporate royalists’–namely the arbitrators of the Investor-State Dispute Settlement industry, aka—ISDS.
= new reply since forum marked as read
.. alerted on as "peddling paranoid fantasies".
its been a long time coming…
http://blogs.wsj.com/wealth/2007/01/08/plutonomics/
they deserve it… hard work being rich 
makes me think of Sam Cooke
there… better
authority.
... applied evenly or not. Canada banned a substance, MMT, they found to be harmful, and because Ethyl Corporation lost anticipated profits, Ethyl Corporation won a $13 million judgement, exempt from any judicial appeal.
It was the Ethyl Corporation attorney who made the statement that you are labeling "mindless fear-mongering. No one will be forced to accept whatever the hell a company wants to put in a product." and he WON THE CASE, and Ethyl Corporation received $13 million without having to produce anything of value.
Face the facts. The ISDR system is based on the presumption that corporations own the rights to anticipated profits from whatever they propose tpo do, and that any democratic government that has the audacity to pass environmental, labor, financial, or other regulations that negatively impact a corporation's future anticipated profits, must compensate the corporation for loss of those anticipated profits.