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How can we organize around this issue? We can't ignore this any longer.

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Dover Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-29-08 08:58 PM
Original message
How can we organize around this issue? We can't ignore this any longer.
Edited on Tue Jul-29-08 09:53 PM by Dover
article crossposted from GD




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Hey I know! Let's run up the price of water!!! A new commodity for thirsty markets and business.

THIS HAS TO STOP!!!!! And WE are the ones that will have to do it.



UK's DDQ launches 6-year note for water investment

LONDON, July 28 (Reuters) - U.K-based fund manager DDQ said on Monday it has launched a 100 percent capital protected medium term note that will give investors exposure to water firms.

The note which will invest in the S&P Global Water Index .SPGTAQUA, will mature in 2014, DDQ said in a release.

"The fundamentals for water suggest rising demand and shortage of supply worldwide-creating substantial opportunities for profitable investment," said Mark Mathias, chief executive at DDQ.

"Established major water companies can benefit from the growth in privatisation of water services around the world."

..cont'd

http://www.reuters.com/article/etfNews/idUSL866925420080728

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And I'm talking about grassroots efforts rather than hoping some politician will handle it.

Ideas?
Organize a ban on buying any but municiple water?
Fight locally and nationally to prevent water utilities from going private?





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napoleon_in_rags Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-29-08 09:25 PM
Response to Original message
1. The potential for evil here is just mind blowing.
DDQ said demand for clean water will be a dominant theme for years to come, and the imbalance between demand and supply will create profitable investment opportunities.

Notice the key word "clean". Hmm, now why is that I can see such a profitable relationship between "clean" water companies and companies that pollute water supplies therefore driving up the demand for clean water? Holy Shit.
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