Monday, April 12, 2010

Oxygen Morons - The World Bank - Protection Racket

The World Bank is a profit making entity.  They make money as any other banker who cares little about the results of it's decisions.  Lend money to build huge coal fired power plants in Africa; lend money to deal with effects of climate change in Peru.  It's all about the money to these criminals.

1. A 2009 World Bank-published report warned Andean glaciers and the region's permanently snow-covered peaks could disappear in 20 years if no measures are taken to tackle climate change.
"Because of global warming the glaciers are going to detach and fall on these overflowing lakes. This is what happened today," Ancash Governor Cesar Alvarez told reporters, linking climate change to the disappearance of a third of the glaciers in the Peruvian Andes over the past three decades. (Story here)

2. World Bank has approved a controversial $3.75 billion loan for South Africa to build one of the world’s largest coal-fired power plants. Environmentalists in South Africa and abroad have criticized the decision and are urging the bank to stop supporting the development of coal plants and other large emitters of greenhouse gas emissions. (Story here)

SPEW climate changing carbon on one side of our garden planet - deprive people of critical drinking water or just outright kill them on the other side.  What the hell is UP with that sort of behaviour? 

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As Jim Hightower explains it, is that “the wealthiest 1 percent of Americans possess more net worth today than the bottom 90 percent of us combined. Worse, these privileged few and their political henchmen have structured a new economic ‘normal’ of long-term joblessness, low wages, no benefits or worker rights, miserly public services, and a steadily widening chasm between the rich and the rest of us.” We must restore sanity to this nation.