I think I’ve posted about this before, but this article deserves a repost. The following excerpt speaks for itself:
Harvard and other major American universities are working through British hedge funds and European financial speculators to buy or lease vast areas of African farmland in deals, some of which may force many thousands of people off their land, according to a new study.
Researchers say foreign investors are profiting from “land grabs” that often fail to deliver the promised benefits of jobs and economic development, and can lead to environmental and social problems in the poorest countries in the world.
The new report on land acquisitions in seven African countries suggests that Harvard, Vanderbilt and many other US colleges with large endowment funds have invested heavily in African land in the past few years. Much of the money is said to be channelled through London-based Emergent asset management, which runs one of Africa’s largest land acquisition funds, run by former JP Morgan and Goldman Sachs currency dealers.
That’s right, folks - certain wealthy American universities believe that it is within their best interest to profit from massive land grabs in Africa with little to no concern about the people that live and depend on that land.
I challenge you to figure out where your universities are making their investments. The contents of your university’s stock portfolio should be public information if you’re at a public university. If you’re at a private university, this isn’t necessarily the case. I dare you to start asking as to why this information isn’t available to potential students, alumni, investors, policymakers and members of the community.
Where does your endowment come from?
You Need to Pay Attention to Michelle Bachmann
I know a lot of us aren’t that political, and many haven’t been paying much attention to the Republicans clawing all over each other for the presidential nomination next year, but if you have a Twitter account or read the news you…
I’m completely, utterly, truly terrified of the possibility of her being president.
…can I get an amen?
James Richard Verone delivered Coke products in North Carolina for 17 years before he was laid off in 2008. After that he was able to find work as a truck driver but was soon dropped from that job, too. When Verone was unable to find other employment that wasn’t punishing on his 59-year-old body, things went from bad to worse. His health began deteriorating rapidly, and he found a “protrusion” coming out of his chest. That’s when he’d had enough.
Two weeks ago Verone walked into a bank and robbed the place of $1. He then sat down and waited for the police to come. After applying for early Social Security and being denied, and struggling to stay healthy with no insurance, Verone decided that going to jail was the only way he could get the help he needed. “The pain was beyond the tolerance that I could accept,” he told his local newspaper.
just look at the pain and fear on his face.
The Supreme Court shot down this particular case regulating greenhouse gas emissions from electrical plants, but they didn’t rule out future action. Not completely, anyway.