Trans-Atlantic Trade Investment Partnership Agreement and Perfect Example

trans-Pacific: The designation trade used by politicians and the media when talking about the Trans-Pacific Partnership pact and the proposed Trans-Atlantic Trade and Investment Partnership agreement is another perfect example of a misnomer thanks to which a new shadow will be cast over the generally more fortunate parts of the world, according to The Japan Times. If signed and ratified, the trans-Pacific and trans-Atlantic agreements, which seek to organize business activity under one gigantic umbrella of new rules, are likely to change our living environment in ways very different from what elected officials have been misled to imagine. Spreading democracy in the Middle East and Africa has been used to excuse much slaughter, ruin and higher risks of wider war for purposes not remotely connected with democracy. They have been peddled as trade treaties, and hence as being wonderful for economic growth, job creation, social well-being and general happiness. The same is true for its TPIP companion, which is meant to create and foster a new American-European business environment. But the TPP agreement, which aims to tie the United States together with close to a dozen countries in Asia, Oceania and a bit of Latin America, is not in the first place about trade, and may hardly be significant at all for stimulating genuine exchanges traditionally labelled that way. (news.financializer.com). As reported in the news.