New Economics Party to fight TPPA as its first campaign

The fledgling New Economics Party co-founded by Otaki woman Deirdre Kent has decided that its first campaign is to help fight the Transpacific Partnership Agreement (TPPA).

“We came to the conclusion on Sunday that almost all the policy we have on our books will be illegal if the TPPA is signed,” said Deirdre Kent. “Under the TPPA a government doing what we recommend would be sued for millions of dollars by multinational companies.”

“It looks as though foreign banks, insurance companies and money traders are to be given more powers to challenge laws designed to prevent another financial crisis. There will probably be no possibility of capital controls and no chance to bring in the domestic-only land-backed New Zealand currency we are working on”, she said.

The group is organising its opposition and hope to attend a Fabian Society-run meeting in Wellington next Sunday. “When we booked online, the reply was that it is already booked out, which is a good sign that New Zealanders like us are waking up to what Trade Minister Tim Groser is up to. He should not be playing ignorant and leaving it entirely to his officials. We are hoping the Fabian Society will find a bigger venue now.

Kent said a large reason for her party’s existence was to get policies in place to protect us in the event of global financial collapse. “The next round of TPPA negotiations takes place in Auckland in early December. By Christmas this Government might well have signed away a huge chunk of our democracy and rolled over to let corporations and investment banks rule the world, and all in secret. We want the negotiations public.”

See http://neweconomics.net.nz

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