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Friday, 25 April 2014
Friday, 18 April 2014
World Bank Want Water Privatised
Humans
can survive weeks without food, but only days without water — in some
conditions, only hours. It may sound clichéd, but it’s no hyperbole:
Water is life. So what happens when private companies control the
spigot? Evidence from water privatization projects around the world
paints a pretty clear picture — public health is at stake.
In the run-up to its annual spring meeting this month, the World Bank
Group, which offers loans, advice and other resources to developing
countries, held four days of dialogues in Washington, D.C. Civil society
groups from around the world and World Bank Group staff convened to
discuss many topics. Water was high on the list.
It’s hard to think of a more important topic. We face a global water
crisis, made worse by the warming temperatures of climate change. A
quarter of the world’s people don’t have sufficient access to clean
drinking water, and more people die every year from
waterborne illnesses — such as cholera and typhoid fever — than from
all forms of violence, including war, combined. Every hour, the United
Nations estimates, 240 babies die from unsafe water.
The World Bank Group pushes privatization as a key solution to the water
crisis. It is the largest funder of water management in the developing
world, with loans and financing channeled through the group’s
International Finance Corporation (IFC). Since the 1980s, the IFC has
been promoting these water projects as part of a broader set of
privatization policies, with loans and financing tied to enacting
austerity measures designed to shrink the state, from the telecom
industry to water utilities.
But international advocacy and civil society groups point to the
pockmarked record of private-sector water projects and are calling
on the World Bank Group to end support for private water.
In the decades since the IFC’s initial push, we have seen the results of
water privatization: It doesn’t work. Water is not like
telecommunications or transportation. You could tolerate crappy phone
service, but have faulty pipes connecting to your municipal water and
you’re in real trouble. Water is exceptional.
Private sector priorities
“Water is a public good,” Shayda Naficy, the director of the International Water Campaign at Corporate Accountability International (CAI),
told me, “for which inequality has to fall within a certain range — or
it means life and death.” When the private sector engages in water
provision, greater disparities in access and cost follow.
Water is also different because it requires such huge, and ongoing,
infrastructure investments. An estimated 75 percent of the costs of
running a water utility are for infrastructure alone.
The track record of publicly funded private water projects shows that
the private sector doesn’t find it profitable to invest in the
infrastructure really needed to ensure that communities have access to
clean and affordable water. “Water companies have found that their niche
is seeking efficiency solutions through hiking prices and cutting
spending on infrastructure investment,” Naficy told me.
Even as the World Bank Group continues to promote water privatization,
its own data reveal that a high percentage of its private water projects
are in distress. Its project database for private participation in
infrastructure documents a 34 percent failure rate for
all private water and sewerage contracts entered into between 2000 and
2010, compared with a failure rate of just 6 percent for energy, 3
percent for telecommunications and 7 percent for transportation, during
the same period.
A look at projects deemed successes (PDF)
by the World Bank Group shows they are not experienced that way on the
ground. An IFC-funded private water project in central India’s largest
city, Nagpur, for example, is the country’s first “full city” public-private partnership and has raised serious concerns among
local residents. Worries range from high prices to project delays to
unequal water distribution and service shutdowns. Allegations of
corruption and illegal activity have led residents to protest, and city
officials have called for investigations of contract violations. “In the
last three years, the cost of operation and maintenance of the system
has increased drastically and the price of water has increased
manyfold,” Jammu Anand of the Nagpur Municipal Corporation Employees
Union said in a statement released by CAI. (CAI details other examples
like this one from Nagpur in its 2012 report “Shutting the Spigot on Private Water: The Case for the World Bank to Divest.” Full disclosure: I am a strategic adviser to CAI.)
What advocates, including Naficy and Anand, are reminding the IFC today
is that significant and steady infrastructure investment is the only way
to foster safe, affordable and dependable water supplies. And that is
done more effectively by the public sector than by private corporations.
Water systems need treatment facilities and a mechanism to channel
water from its source in a stable way, usually through pumps, piping to
households and individual connections from main pipes to households.
According to Naficy, “There is no end run around building a strong
public sector and building strong public oversight.”
In addition, financing by the IFC, which is both investor and adviser on
these projects, poses a conflict of interest. On the one hand, the IFC
is advising governments to privatize the sector; on the other, it’s
investing in the corporations getting those contracts. “It’s
self-dealing: setting up a project that it’s in a position to profit
from,” Naficy told me. When the IFC was established in 1956, it was
expressly prohibited from purchasing corporate equity to avoid this sort
of conflict, but the board amended this rule a few years later,
allowing these kinds of deals. The IFC insists there are interior
barriers to such conflicts of interest, even as its own annual report
touts “client solutions that integrate investment and advice.”
Opening up the spigot
Independent water advocates, from CAI to Anand’s group in India and others including the Focus on the Global Southnetwork,
point to India today as evidence that privatized systems lead to
underfunded infrastructure and unpredictable, often high prices. The IFC
defends the private sector by claiming that these companies offer efficiency gains (PDF).
But those gains come at the expense of lower-income households,
advocates such as Naficy point out, as companies increase rates to
subsidize their own profitability.
There’s a growing backlash against these projects. In 2000, headlines around the globe documented
protests in Bolivia’s third-largest city in response to the
privatization of the city’s municipal water supply and against the
multinational water giant Bechtel, eventually pushing the company out of
the country. The IFC’s own complaint mechanism reports that 40 percent
of all global cases from last year were about water, even though water
projects are only a small fraction of what the IFC funds. In 2013, CAI
and 70 advocates from around the globe released an open letter (PDF)
to the World Bank Group calling for “an end of all support for private
water, beginning with IFC divestment from all equity positions in water
corporations.”
“Corporations don’t have a social or development mission,” Naficy told
me. “Right now we’re funding development to prop up private projects,
instead of putting the decisions for funding in the hands of governments
that are accountable to people.”
Clean and affordable water is the basis of life. Skyrocketing water
prices, unsafe supply, failing infrastructure — these problems fall
disproportionately on the most vulnerable among us. This is why public
institutions, not private corporations, must lead the development of
water systems and delivery. The World Bank Group is uniquely positioned
to increase access to clean water for the billions who need it. Instead
of using its position to line the pockets of water companies, it should
support what is most needed: affordable, clean — and public — water for
all.
Thursday, 17 April 2014
THE WRH BANKER ARTICLES: ALL IN ONE CHUNK
THE WRH BANKER ARTICLES: ALL IN ONE CHUNK
by Michael Rivero
I have received many emails regarding the various articles I have written about the problems with the current economic system of being forced to borrow all currency at interest from a privately-owned central bank. This is, of course, the very system of banking the United States fought a revolution to be free of, only to be sold back into said banker slavery not just once, but three times by corrupted congresses and corrupted presidents.
I have been asked to collect all those articles into a single page to make it easier for people to send to their friends, and this collection is the result.
ALL WARS ARE BANKERS' WARS!
This article and the video made from it set out the history of the last 260 years showing the effects of efforts by private bankers to impose their system of slavery on the world. To keep their schemes going, these modern-day slavers do and have resorted to assassination and war to force the world to conduct all commerce only using bank notes borrowed at interest from the bankers. This is a mafia-like practice of taking a "piece of the action" of all economic activity in exchange for little more than ink and paper (and the correct bribes to the correct officials). The Federal Reserve act forced that system on the American people, while the post-WW2 Bretton-Woods agreement forced it onto the rest of the world. Since this article was written I have received a lot of email from people saying that for the first time in their lives, the history of the US makes perfect sense!
This article and the video made from it set out the history of the last 260 years showing the effects of efforts by private bankers to impose their system of slavery on the world. To keep their schemes going, these modern-day slavers do and have resorted to assassination and war to force the world to conduct all commerce only using bank notes borrowed at interest from the bankers. This is a mafia-like practice of taking a "piece of the action" of all economic activity in exchange for little more than ink and paper (and the correct bribes to the correct officials). The Federal Reserve act forced that system on the American people, while the post-WW2 Bretton-Woods agreement forced it onto the rest of the world. Since this article was written I have received a lot of email from people saying that for the first time in their lives, the history of the US makes perfect sense!
THE ELEVENTH MARBLE
This article reduces to easy-to-understand imagery the fatal design flaw of the Private Central Banking system, whether it is the federal Reserve, the ECB, the IMF, the World Bank, or any of their hideously mutated clones around the world. by design these banks create more debt than money with which to pay that debt. The moment that first pretty-printed piece of paper goes into circulation, more money is owed to that private central bank than actually exists, which means the debt can never be paid off. The bankers use that accumulating debt to control all of society. Then-head of the Rothschild banking empire Nathan Meyer Rothschild put it simply when he stated, "Let me issue and control a nation's money and I care not who makes the laws." Over time, that artificially created debt accumulates until servicing that debt and its interest overwhelms the rest of the economy and brings it crashing down, as it is in the midst of doing right now. As a side note, after this article went viral, some economic "experts", including a PhD, wrote counter-articles attempting to explain why that eleventh marble was really there, and failing to convince anyone, denounced all doubters of the Private Central Banking system as completely ignorant of how modern economics works. We are not ignorant. We see how modern economics works when we walk through our towns and see the homeless and hungry, the shuttered businesses, the dilapidated streets and utilities, and the obvious decline in the American lifestyles for those who are not part of the government and banking cliques.
This article reduces to easy-to-understand imagery the fatal design flaw of the Private Central Banking system, whether it is the federal Reserve, the ECB, the IMF, the World Bank, or any of their hideously mutated clones around the world. by design these banks create more debt than money with which to pay that debt. The moment that first pretty-printed piece of paper goes into circulation, more money is owed to that private central bank than actually exists, which means the debt can never be paid off. The bankers use that accumulating debt to control all of society. Then-head of the Rothschild banking empire Nathan Meyer Rothschild put it simply when he stated, "Let me issue and control a nation's money and I care not who makes the laws." Over time, that artificially created debt accumulates until servicing that debt and its interest overwhelms the rest of the economy and brings it crashing down, as it is in the midst of doing right now. As a side note, after this article went viral, some economic "experts", including a PhD, wrote counter-articles attempting to explain why that eleventh marble was really there, and failing to convince anyone, denounced all doubters of the Private Central Banking system as completely ignorant of how modern economics works. We are not ignorant. We see how modern economics works when we walk through our towns and see the homeless and hungry, the shuttered businesses, the dilapidated streets and utilities, and the obvious decline in the American lifestyles for those who are not part of the government and banking cliques.
THE FATAL FLAWS IN WALL STREET'S ECONOMIC THEORY
Today we hear many economists, even Allen Greenspan, admitting the economic system has problems, although they scrupulously avoid any discussions regarding the eleventh marble. They hide the truth behind euphemisms like "flawed theories" and "serious misjudgment." But there are problems with the way the financial system operates over and above the eleventh marble, and here are a few of them.
Today we hear many economists, even Allen Greenspan, admitting the economic system has problems, although they scrupulously avoid any discussions regarding the eleventh marble. They hide the truth behind euphemisms like "flawed theories" and "serious misjudgment." But there are problems with the way the financial system operates over and above the eleventh marble, and here are a few of them.
HOW YOU BECAME A SLAVE TO THE BANKERS!
The United States was started with the concept of the public currency being a public utility; created and issued by the government to serve commerce and the community, without accruing interest to a private central bank. This article shows how the current system transformed the public currency from public utility to private for-profit operation to enrich the bankers.
The United States was started with the concept of the public currency being a public utility; created and issued by the government to serve commerce and the community, without accruing interest to a private central bank. This article shows how the current system transformed the public currency from public utility to private for-profit operation to enrich the bankers.
Awaken slaves! - How The Private Central Bank Ponzi Scheme Trapped And Destroyed America
I wrote this article because a lot of people did not see the mechanism by which real wealth is transferred from the workers whose labor creates that wealth, to the private central bank.
I wrote this article because a lot of people did not see the mechanism by which real wealth is transferred from the workers whose labor creates that wealth, to the private central bank.
MORTGAGE-BACKED SECURITIES FRAUD 4 DUMMIES! (aka the Cliff Notes version)
The corporate media attempted to pin the blame for the 2008 crash onto ordinary Americans. The truth is somewhat different.
The corporate media attempted to pin the blame for the 2008 crash onto ordinary Americans. The truth is somewhat different.
BANKERS GONE WILD - HOW THE US GOVERNMENT HELPED WALL STREET GANG-RAPE AMERICA'S MIDDLE CLASS (AND MOST OF EUROPE)
This was the first of the articles about money and banking, providing an overview of how private central banks do not exist to serve the community, but only to serve themselves.
This was the first of the articles about money and banking, providing an overview of how private central banks do not exist to serve the community, but only to serve themselves.
The United States Is In Deep Doodoo!
Originally written in 1998, this article sounded a warning about the debt-based economic system, and made some sadly accurate predictions about the draconian steps the government would take to prolong its rule over the land and the people.
Originally written in 1998, this article sounded a warning about the debt-based economic system, and made some sadly accurate predictions about the draconian steps the government would take to prolong its rule over the land and the people.
INTRODUCING - THE LECTRO!!
A proposal for a new value-based currency that cannot be hoarded or manipulated.
A proposal for a new value-based currency that cannot be hoarded or manipulated.
Wednesday, 16 April 2014
Tuesday, 15 April 2014
UK Moves to Block US Senate Report to Protect Blair, Straw and Dearlove
UK Moves to Block US Senate Report to Protect Blair, Straw and Dearlove
by craig on April 2014
From a British diplomatic source I learn that Britain has lobbied the United States against the publication of the Senate Intelligence Committee report on torture and extraordinary rendition. The lobbying has been carried out “at all levels” – White House, State Department and CIA. The British have argued that at the very least the report must be emasculated before publication.
The British argument is that in a number of court cases including the Belhadj case, the British government has successfully blocked legal action by victims on the grounds that this would weaken the US/UK intelligence relationship and thus vitally damage national security, by revealing facts the American intelligence service wish hidden. [We will leave aside for the moment the utter shame of our servile groveling judges accepting such an argument]. The British Government are now pointing out to the Americans that this argument could be fatally weakened if major detail of the full horror and scope of torture and extraordinary rendition is revealed by the Senate Intelligence Committee. The argument runs that this could in turn lead to further revelations in the courts and block the major defence against prosecutions of Blair, Straw and Dearlove, among others, potentially unleashing a transatlantic wave of judicial activism.
The unabashed collusion of two torturing security states in concealing the truth of their despicable acts – including complicity in the torture of women and minors – and blocking criminal prosecution of the guilty is a sign of how low public ethics have sunk. Fortunately there are still a few people in the British Foreign Office disgusted enough to leak it.
Saturday, 12 April 2014
Friday, 11 April 2014
Wednesday, 9 April 2014
Allan Brownfeld - The ACJ and battles over Zionism inside Jewish social ...
One of the best speeches at the National Summit to Reassess the Special Relationship between the U.S. and Israel last month was by Allan Brownfeld. The summit has now posted the speech in video and transcript. Here are extended excerpts. –
Saturday, 5 April 2014
An honest Israeli Jew tells the Real Truth about Israel
Miko Peled
was born in Jersusalem into a famous and influential Israeli Zionist family. His father was a famous General in the Israeli Army, of which Miko also served his time. When Miko's niece was killed by Palestinian suicide bombers, you may have expected the family to put Palestinians at fault, but surprisingly they blamed the state of Israel, and their violent torturing and persecution for driving people to such sadness that they would take their own lives.
Through his father's deep knowledge of the Israeli war of terror, together with his own research, Miko Peled ruins the myths surrounding the Israel and Palestine situation, and delivers a truth so damning that many Jews and Israel supporters will not be able to bear it. He reveals facts such as the original expelled Jews are not the ones returning, and they are not their descendants either, covers the double standards regarding the right of return, which doesn't apply to Palestinians, and dispels the myth that there has been a conflict for ages by producing proof that it was peaceful up until 1947 when Israel launched their illegal attacks.
Miko is just one of the many modern day Jews against Zionism and the state of Israel, and with the information he delivers in this astounding talk, it is not difficult to see why more and more Jews are rejecting Zionism and calling for the dismantling of Israel. It is a true eye-opener for anyone who has for too long been blinded by the fake misinformation given by the mainstream media, and the truths come straight from the heartland where he has spent many years documenting the real story.
Female Reporter Bullied by Feminists at the National Young Feminist Lead...
The mistaken idea that tolerance is always a virtue and intolerance always a vice is corrupting the very heart of our society. In the name of tolerance every evil is exalted and proudly defended, while all those who resist and condemn evil are smeared and demonized as hate mongers and bigots. Yet what are such smear tactics other than intolerance and bigotry on the part of those who claim to be tolerant? Like all who are self-righteous, the dogmatic zealots of tolerance often reveal themselves to be extremely intolerant of anything they disapprove of, yet they refuse to see any fault in themselves.
Tuesday, 1 April 2014
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