"I mean, one of the most egregious of the current cases is in El - TopicsExpress



          

"I mean, one of the most egregious of the current cases is in El Salvador, where here’s the community of Las Cabañas that discovers that this Canadian mining firm is going to dump poisonous chemicals into their drinking water to suck gold out of the ground. And they do what citizens are supposed to do: They hammer on their government until they get the government to agree not to let the mining go forward. So what does the company do? The company turns around, under one of these trade agreements, and sues for $315 million. So what you have—it’s a win-win for the companies, because they either win huge amounts of money—I mean, this is 1 percent of GDP in El Salvador, the amounts of money are enormous—or, just as important, they have a chilling effect on the ability and the willingness of governments to protect their people."
Posted on: Fri, 07 Jun 2013 05:45:43 +0000

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