By Tir Na Saor
Under the EU’s TTIP deal, water services will be much more vulnerable to outsourcing, private tendering and, ultimately, full privatisation. It will also make it virtually impossible to nationalise or renationalise our water.
Incredibly, multinational water companies will be able to sue for loss of future or expected profits in the case of nationalisation. This is because of the controversial ISDS (Investor-State Dispute Settlement), clause.
If the TTIP deal goes through, private water companies will be able to sue the Government for the loss of forgone profits if water is renationalised. The ISDS provides for a supranational kangaroo court. Opposing Irish Water on its current road is also opposing TTIP and is about keeping public goods in public hands.
No one can predict the future or the future consensus of Government towards privatisation of commodities, that is why constitutional amendments is the only way to safeguard national interests of the people.
However under natural law, natural resources cannot be owned by a company (Government or other companies). They belong to the men and women of the land. So what is being sold or privatised here is simply a licence to sell water to those who consent to buy it. OR a licence to sell it to a person. TTIP does not affect the natural law or the common law. It only affects the laws that Govern said person, not a man or a woman. You are not a person. Claim back your sovereignty.