TiSA And The Threat To Public Banks

Annette Dubois/Flickr

By Thomas Marois for TNI – The Trade in Services Agreement (TiSA) is an attack on the future publicness of public banking around the world. This briefing is about how the Trade in Services Agreement (TiSA) would be an attack on the future publicness of public banking around the world. Despite 30 years of privatisation, publicly owned banks remain active in most countries and communities. Yet the importance of TiSA to the future of public banks has yet to be raised as a fulcrum of resistance. Indeed, by privileging a private, profit-oriented vision of financial services over the public good and public provisioning, TiSA will impact public banks’ mandates and capacities to serve the public interest, directly and indirectly, now and in the future. In this way, public banks will be pressured to internalise the interests of a global, private, corporate elite by forcing their activities into increasingly narrow competitive market logics – this being a precursor to eventual bank privatisation. Again, we do not claim that public banks are perfect, but they do a lot of good.

Newsletter: Privatization vs. The People

Privatization protest

By Kevin Zeese and Margaret Flowers for Popular Resistance. The essence of privatization today is to turn a public good into a profit center for Wall Street. US economic policy has created a wealth class that is grotesquely wealthy and under-taxed so that it has the money government needs to provide public services. This forces the government to borrow money from or sell a public service to the privateers or to create a public-private partnership (disguised corporate welfare and crony capitalism) in order to provide essential services. There is another way. We’ve reached a tipping point, as evidenced by the worldwide revolt through Occupy, the Arab Spring, the Indignados and other movements. We can reverse the trend toward privatization and inequality by claiming the commons for our mutual prosperity. If we believe in a more just, sustainable and democratic world, a world based on the common good, we will build the foundation for a world in which people work together to solve common problems and create an equitable economy that betters the lives for all.

Newsletter: Protest Is Working & Growing

Resist banner flies over the Donald Trump White House by Greenpeace.

By Kevin Zeese and Margaret Flowers for Popular Resistance. People are recognizing that they have power to protest in a lot of areas. Some see the potential for protest at work, such as the resistance and non-cooperation among federal workers. And, many are planning on building toward a general strike, something unheard of in US history. State officials are even talking about protesting by not paying federal taxes. Early in the Trump era, protest is working and the potential ahead is for an even larger resistance movement. The dysfunctional nature of government will add to protest movements, making the country ungovernable. We can defeat the oligarchy, as currently represented by Trump, but which began long before him, by remaining independent of the corporate parties and fighting for the changes we need.

TPP Is Not Dead: It’s Now Called Trade In Services Agreement

by Annette Dubois

By Peter Dolack of Systemic Disorder – Think the ideas behind the Trans-Pacific Partnership or the so-called “free trade” regime are buried? Sadly, no. Definitely, no. Some of the countries involved in negotiating the TPP seeking to find ways to resurrect it in some new form — but that isn’t the most distressing news. What’s worse is the TPP remains alive in a new form with even worse rules. Meet the Trade In Services Agreement, even more secret than the Trans-Pacific Partnership. And more dangerous. The Trade In Services Agreement (TISA), currently being negotiated among 50 countries, if passed would prohibit regulations on the financial industry, eliminate laws to safeguard online or digital privacy

TISA Documents Leaked, Negotiators Still Have Problems

Our World Is Not For Sale | 29 January 2017

By Staff of Bilaterals – A swathe of new documents from the last round of Trade in Services Agreement (TiSA) negotiations in November 2016 involving 23 parties (representing 50 countries) was posted on http://www.bilaterals.org/?+-tisa-+ today. The documents include the core text and annexes on telecommunications, e-commerce, localisation provisions, restraints on domestic regulation, temporary movement of services labour, state-owned enterprises, maritime, road and air transportation, and delivery services. Many of these documents have shading that shows what is – and is not – agreed. At an initial reading the documents confirm five things…

We Stopped The TPP, Time To Stop TTIP And TiSA!

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By Popular Resistance. On January 23, 2017, President Trump kept his campaign promise to withdraw the United States from the Trans-Pacific Partnership (TPP). This action was taken because of the work of activists across the U. S. who care about a variety of issues that would be impacted by the TPP. It was the people working together in broad coalitions that made the TPP so politically toxic that politicians ran away from it. People have the power to bring transformational change. It is time to end the failed model of trade and demand a new era of globalization that strengthens protections of workers, families, communities and the planet rather than protecting corporate profits.

There Is Still One Big Corporate Trade Deal That Must Be Stopped

Annette Dubois/Flickr

By Deborah James for CEPR. Fair Traders who are celebrating the defeat of the Trans-Pacific Partnership (TPP) may see their hard work undone if the talks towards the proposed Trade in Services Agreement (TiSA) continue under a Trump administration. Many Democrats who minimized the importance of the negative impacts of corporate trade deals on working class Americans have now paid the price in the recent elections. Trump has promised to withdraw from the TPP. Likewise the talks with the EU on a Transatlantic Trade and Investment Partnership (TTIP) are on hold. In the EU, the EU-Canada agreement, known as CETA, is in limbo while the European Court of Justice decides whether the dispute settlement mechanism in the agreement complies with EU law. Unfortunately there is still a corporate trade agreement under negotiation that has so far received scant attention: the proposed Trade in Services Agreement (TiSA).

Newsletter: Time For Boldness, Clarity & Assertiveness

People have the power; protest in Ferguson City Hall in 2014.

By Kevin Zeese and Margaret Flowers for Popular Resistance. In this moment, the movement for economic, racial and environmental justice needs be bold, clear and assertive in putting forth an agenda that will serve the economically dispossessed, those under attack by militarized police, immigrants facing detentions and deportations and demonstrate policies that ensure economic security. Where Trump is right, as in detente with Russia, the movement will support him against the neocons and humanitarian war supporters; and we will push him further for an end to war as the primary tool of foreign policy. Both parties are confronting major fissures, leadership challenges and questions about where they go from here. Their confused leadership provides an opportunity for the popular movement to fill the leadership void with policies that put people, planet and peace over profit.

Explosive Leak: Corporate Demands From The EU For TiSA

Annette Dubois/Flickr

By Deborah James for Huffington Post. Today, for the first time, WikiLeaks released demands by the EU to lock in a wide list of services sectors to TISA’s privatization and deregulation provisions, including public services in developing countries. In the mid-2000s, when European campaigners leaked similar demands during corporate efforts to expand the General Agreement on Trade in Services, the EU was forced to walk back many of those demands. The European pressure on developing countries was widely condemned by the public, and revealed the corporate, antidevelopment efforts behind the deal, just as they are revealed today. Globalization’s cheerleaders are all hand-wringing about the widespread opposition to trade pacts. But what they don’t acknowledge is that people around the world are not rejecting “trade,” they are rejecting corporate control over our lives. People want to live in a democracy; they want quality, accessible public services; a well-regulated financial sector; and decent jobs for all.

Time To Rethink Approach To Trade Agreements

People and Planet Before Profit 2

By Staff for Politico Morning Trade. Trade agreements have become politically toxic. President Obama has three trade deals he has been pursuing, the Trans Pacific Partnership (TPP), the TransAtlantic Trade and Investment Partnership (TTIP) and the Trade in Services Agreement (TiSA). They all need to be stopped. The administration has used secrecy as their key tool. Their view is the less people know, the more likely an agreement is to become law. Why? Becuase these agreements are unpopular. They are written by and for transnational corporations and not for the protection of people and the planet. During the 2016 election we have seen how these agreements have become politically toxic. Obama hopes to get the TPP through a lame duck session of Congress, a time when many members of Congress are in their last session because they are retiting or lost re-election. He knows he could not get the TPP through Congress at any other time this year. We need to stop these agreements and then demand a total rethinking of how trade proceeds. We can create trade agreements that serve the economy but also serve the interests of the people in safe good and services, living wages and safe conditions for workers, as well as aid the world in dealing with climate change and protecting the environment.

Wikileaks Releases Core Text Of TiSA

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By Staff of Flush The TPP – Today, Thursday, 15 September 2016, 11:00am CEST, on the eve of new negotiations, WikiLeaks releases new secret documents from the controversial Trade in Services Agreement (TiSA) currently being negotiated by the US, EU and 22 other countries that account for over 2/3rds of global GDP. According to World Bank figures services comprise around 75% of the EU economy, 80% of the US economy and the majority of economies of most countries.

Meet TISA, 'Secret Privatisation Pact Posing Threat To Democracy'

Anti-TTIP protests have brought thousands onto the streets across Europe, while the TISA talks have gone largely unnoticed Getty

By Ian Johnston for The Guardian – Government insists ‘public services are under no threat whatsoever from this deal’ An international trade deal being negotiated in secret is a “turbo-charged privatisation pact” that poses a threat to democratic sovereignty and “the very concept of public services”, campaigners have warned. But this is not TTIP – the international agreement it appears campaigners in the European Union have managed to scupper over similar concerns – this is TISA, a deal backed by some of the world’s biggest corporations, such as Microsoft, Google, IBM, Walt Disney, Walmart, Citigroup and JP Morgan Chase.

TiSA May Be Even Greater Threat Than TTIP

Annette Dubois/Flickr

By Staff of Global Justice Now – A global trade deal currently being negotiated in secret and involving 50 different countries could prove to be a serious threat to public services according to a briefing published today by campaign group Global Justice Now. The Trade In Services Agreement (TISA) is a proposed international trade treaty between 23 parties, including the European Union and the United States. Unlike most trade deals, TISA is about services, not goods.

Newsletter: #NoHoneymoon, A Presidency Of Protest

Stage on first day of Occupy Washington, DC at Freedom Place, October 2011.

By Kevin Zeese and Margaret Flowers for Popular Resistance. The task of the movement for economic, racial and environmental justice is much bigger than the presidential election. Our job is to build people power to ensure that no matter who is the next president, the people’s voices are heard and our demands are part of the political agenda. We urge organizers and advocates across the nation to begin to plan a campaign beginning in early 2017 and carrying on through the inauguration to ensure that right from the beginning the people’s voices are a dominant narrative. The #NoHoneymoon campaign will take various forms in communities across the country. Talk to your networks of activists and plan what would work best in your community. The creativity and energy that comes from diverse leadership has surprised the nation before and can do so again.

Prepare For TPP’s Big Brother: The Trade In Services Agreement

Wikileaks leaks TiSA

By Paola Casale for Economy In Crisis – Not much is known about the Trade in Services Agreement, otherwise known as TISA. However the little that has been made public, or the little that has been leaked, has caused much concern. The Trans Pacific Partnership (TPP) pales in comparison to TISA and it makes the Transatlantic Trade and Investment Partnership (TTIP) seem small. It is, however, most similar to the World Trade Organization (WTO).