Category Archives: Divestment

There is no greater disaster than greed

There is no calamity greater than lavish desires.

There is no greater guilt than discontentment.

And there is no greater disaster than greed.

Lao-tzu

Chinese philosopher (604 BC – 531 BC)

President Bush signed a bill this past Monday that will allow federal, state and local governments to divest themselves of investments that do business with the smarmy bastards running the country of Sudan. As recently as 2004 Secretary of State Colin Powell signaled Washington’s intention to relax sanctions and allow U.S. companies to take advantage of Sudan’s oil wealth. Of course the signing of ‘the bill’ doesn’t stop any of these municipalities and government entities from keeping their investments either. Only public pressure and lots of negative publicity will further the cause of shunning corporations that do business with murderers.

The other thing it doesn’t do is make any of the Big Oil Companies stop assisting in the pumping of that black gold out of the ground in Sudan. With oil being what it is, does anyone think for a minute that the piece of paper The Shrub signed actually does anything to change the horrific situation in Darfur? Please, these companies will always find a way around laws and rules, take that to the bank my dear reader. How many companies lined Saddam’s pockets during the infamous embargo of the last two decades?

And what about our BFF China? They don’t give a tinkers damn about human rights abuses, hell those chumps lead the charge. Two of the biggest business partners with the pigs in Sudan are PetroChina and Tafneft (a Russian enterprise). British Petroleum (BP) and Shell are also stock holders in the Chinese enterprise.

Those two countries I just named also hold veto power in the UN. Now, isn’t that special?

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