Showing posts with label corporations. Show all posts
Showing posts with label corporations. Show all posts

Thursday, April 12, 2012

ALEC's Grip on Government Slipping

I'd been reading about several giant corporate backers of a private nationwide organization - ALEC - which has been steadily writing legislation and getting states to pass them by having members of state legislators become 'board members' of ALEC - and that recently these huge companies are dropping their support for ALEC.

For one reason, thanks to online writers, the dirty details of what ALEC has been doing got told. The Bill and Melinda Gates Foundation dropped away from supporting ALEC, mainly due to Voter ID laws and the now-notorious Stand Your Ground law.


And the Foundation isn't alone - Kraft Foods, Pepsi, Coca-Cola, Intuit, McDonald's, Wendy's -- all have stopped the support and made sure the press and the online world knows it. It's good news, but it's quite telling that for many years, these companies have been working hard to increase their control of our cities and towns and our nation as a whole. Two of the best blog writers in Tennessee took up the story today:

R. Neal at KnoxViews: "State Reps. Curry Todd and Steve McDaniel are members of the illustrious ALEC Board of Directors, and Todd is ALEC's Tennessee state chairman. You may recall that Rep. Todd recently helped kill the "Influence Disclosure Act" that would would have required disclosing the source of astroturf legislation such as ALEC's."

Southern Beale: "But as ALEC and the Chamber wade into the weeds of extremist ideology, they’re alienating some of their biggest corporate supporters, whose profits depend on being a little less reactionary and appealing to a broad range of consumers."

ALEC, The American Legislative Exchange Council, is a hardcore conservative group, with more than 2,000 state legislators from all 50 states (about  one-third of all existing legislators), some 85 members of Congress and 14 sitting or previous governors. They've been steadily cranking out what they innocently call "model legislation". Pre-written and crafted for easy passage, these bills touch nearly every aspect of your life and of government and get handed out to members and they file the bills in state after state. As Neal pointed out, Rep. Curry killed a law to require legislators disclose how and who funds or writes legislation they present. ALEC demands secrecy, but the secret is finally out.

Repairing the damage done by a national, self-serving and deceptive campaign meant to erase each state's government will take too many years and hours -- and electing new legislators not yet addicted to the corporate trough. As of now, ALEC will fight to keep the power they've taken - and they'll seek other ways to move and act in secret by forming new groups with new names not yet tarnished with deception.

Friday, March 16, 2012

Foxconn Update: Report Retracted by This American Life


One of the sources I cited in that post was from the radio show This American Life, which today announced they have learned much of their report had been fabricated and as a result, they have retracted the entire episode.

“Daisey lied to me and to This American Life producer Brian Reed during the fact checking we did on the story, before it was broadcast,” the show’s host, Ira Glass, wrote in a blog post on Friday. “That doesn’t excuse the fact that we never should’ve put this on the air. In the end, this was our mistake.”

Tuesday, December 20, 2011

I Could Have Been A Potash Tycoon

It really is annoying how I learn more and more as I get older that I don't know diddly-squat about what I thought I knew, and that there are indeed a mere handful of people who control even the basic elements found on the periodic chart and are bajillionaires who live in ways I cannot imagine. On the plus side, at least I can still learn new things about this world. On the downside, at my age, I am unlikely to corner the market of a necessary global commodity and thus will never, ever, ever live for one moment like a bajillionaire.

And these thoughts were instigated by one thing - potash.

I recall learning about potash when I was a young schoolboy - it was an ancient creation, made by burning plants and trees and mixing the resulting ashes into a field where one wanted to grow food. The ashes were loaded with potassium, but we have since found that there are massive sources of potassium already in existence underground, so it is mined and sold worldwide for everything from fertilizer to plastics to textiles and much, much more.

(A side note here - my high school chemistry teacher really did not open up much of an exploration of chemistry as such. She was in the midst of a divorce and was realizing she was a lesbian and was concerned with the daily issues of running a small donut shop with her husband when she taught my class. On the plus side: we had hot fresh donuts every day, usually kept warm in a rather expensive incubator in the chemistry classroom. But I digress.)

As I said, the word potash came up when I read a report yesterday about a 22-year-old Russian lady who just paid the most ever recorded for an apartment - $88 million for a ten-room flat in Manhattan, about $13,000-plus per square foot. She is Ekaterina Rybolovleva, the heir of Potash Tycoon Dmitry Rybolovleva, who last year sold his share of the Russian potash company Uralkali for $6.5 billion. (His Wikipedia page is an oddly translated tale of fabulous wealth and personal strife, including a murder charge for which he was ultimately acquitted. ) Ekatrina is apparently only going to use the apartment when she 'visits' Manhattan.

There are really only a few companies controlling the potassium market - the Potash Corp. of Canada, Uralkali and Belaruskali, and another North American company called Mosaic. But we're not done yet - "The global trade in potash is even more concentrated, with just two syndicates dominant: Canpotex managing sales of the three North American majors, Potash Corp, Mosaic and Agrium; and BPC, a joint venture combining Uralkali and Belaruskali."

According to the report cited above, the price is expected to surge in the next decade, from around $400 a ton to $1500 a ton. Of course, like most items traded on the global markets, the economic collapse in 2008 dropped the price, but it is on the rise again - potash is vital for bio-fuels and for growing more and more food for folks who live in India and China and Brazil and everywhere else. And it's a vital manufacturing component for just about everything.

Potash is Big Business.

And never once did anyone tell me, "Son, invest in potash". And what I thought I knew about potash and potassium turned out to be damned little. And I learned just a wee bit more about the faceless and nameless few who control patents on chemical elements and the global economy.

And like Billy Pilgrim, I sit here all old and stuff, my feet turning blue in the cold, pecking away at a keyboard and being a curmudgeon. "Potash," I mutter to no one. "Potash."