Tuesday, June 24, 2014

David Cay Johnnston on the secrecy surroundin TISA

"If this is the first you have heard of this agreement, it is not surprising. Not one of the five big American newspapers — The New York Times, The Los Angeles Times, The Wall Street Journal, The Washington Post and USA Today — wrote a word about the document. Ditto the major TV networks.
Why the secrecy? Why shut down the marketplace of ideas?
The answer becomes obvious upon reading the draft: It is intended to subvert the creation, by governments, of rules that benefit all of society and instead make sure the rules enhance the power of the financial services industry and reduce its accountability."

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