Sharia Triumphs With Obamatrade: Foreign Investors Can Bypass Courts, Purchase American Land

Curtis Ellis lays out his case against the TPP by citing a section that could undermine U.S. Sovereignty in deference to Sharia law.

From Breitbart:

(Curtis) Ellis says that Chapter 11 in the more than 5,000-page trade deal provides foreign investors with special rights to acquire U.S. land, businesses, natural resources and investments.

“Under Chapter 28 and Chapter 29, these foreign investors could do an end-run around U.S. courts and sue the U.S. before an international panel, known as an investor-state dispute tribunal, if they feel American law violates their ‘rights’ under the TPP,” Ellis argues.

Currently, the Committee on Foreign Investment in the United States (CFIUS) reviews pending foreign investments in the U.S. to determine if they pose a threat to national security and can recommend the president shut down investments deemed a threat. Under previous trade agreements, foreign investors would have no recourse.

But under the T.P.P., the Sultan of Brunei, the billionaire autocrat who rules his T.P.P. country under Sharia law, could sue for billions of dollars if CFIUS denied his bid to buy a company providing security to U.S. ports and airports.

He would bring his case before a foreign tribunal that could force taxpayers to award him compensation for “lost profits.” The tribunal, staffed by three unelected lawyers hailing from anywhere in the world, would have the power to second-guess the U.S. government on what constitutes a threat to our national security.

Additionally, the Islamic Sultanate of Brunei — a country that’s a party to President Obama’s trade agenda — has outlawed Christmas and threatens to place offenders in prison.

It seems that President Obama’s wholesale selling out to special interests gained him a marginal chance to throw in some toothless climate change regulations. Some argue the agreement contains a backdoor for further climate change related regulation but the idea that violations of these regulations would have real consequences is not likely.

It is apparent that President Obama just wanted points on the board for climate change and selling out to special interests provided the pats on the back he so craves as his legacy looms large in his consciousness.

Source: Breitbart