[vulikox]

Institutions including Harvard and Vanderbilt reportedly use hedge funds to buy land in deals that may force farmers out

The largest land deal in South Sudan, where as much as 9% of the land is said by Norwegian analysts to have been bought in the last few years, was negotiated between a Texas-based firm, Nile Trading and Development and a local co-operative run by absent chiefs. The 49-year lease of 400,000 hectares of central Equatoria for around $25,000 (£15,000) allows the company to exploit all natural resources including oil and timber. The company, headed by former US Ambassador Howard Eugene Douglas, says it intends to apply for UN-backed carbon credits that could provide it with millions of pounds a year in revenues.

http://www.guardian.co.uk/world/2011...rica-land-grab


Cotton mentioned this in chat tonight.. Interesting. Even going for the carbon credits... If I recall, these monies were supposed to go to support development in the "undeveloped" nations.

We were LEFT TO BELIEVE this "development" would be to get the locals off on a carbon freindly foot.. Now we find large, institutional investors, former politicians and their appointees, and universities benefiting from the same carbon scheme by paying themselves.

hummmm..

Isn't this something?

16 bucks an acre.. for 49 years.. That's a pretty good deal. like .33 cents good.

Not good enough though, as they obviously deserve a carbon "development" stimulus levied upon all of our backs too.

[DrJonson]

Of course the leftists are proven to be useful idiots yet again.. Led into assisting the same corporations they claim to hate.

lol.. Leftists..

What a bunch of idiots.

[saopinax]

Question: How easily can you see such things driving US foreign policy in places like Africa?

Be honest.

[AbraxiaAsus]

http://youtu.be/5HKAuaU5VlE
http://youtu.be/0uUnA7ySOec
~~~~~~~~~~~~~~~~~~~~~~~~~~~~


THEY ARE AS ROTTEN AS THE CATHOLIC CHURCH AT ITS WORST.

[teergoBissono]

land is said by Norwegian analysts to have been bought in the last few years, was negotiated between a Texas-based firm, Nile Trading and Development and a local co-operative run by absent chiefs. The 49-year lease of


Was it bought or is it being leased?

[AngelinaTheElf]

TOSS THE UN OUT ON IT'S ASS AND GO FROM THERE!

[Crundaangerge]

The irony of any liberal university allocating endowment monies in the land grabs is not lost on me.

[chuecafresss]

The irony of any liberal university allocating endowment monies in the land grabs is not lost on me.

Like the irony of hating big corporations, except General Electric (which I am sure is in here somewhere and going to profit).

[77Dinaartickire]

Like the irony of hating big corporations, except General Electric (which I am sure is in here somewhere and going to profit).

EXACTLY..

[pataagusata]

And of course, the British media covers this but ours doesn't. It would be racist.

[Gintovtosik]

And of course, the British media covers this but ours doesn't. It would be racist.

I gotta say, the impress me with their US coverage.. Our own media should be so intrepid.

[Qzmsdoem]

impressive coverage, given the brits onerous restrictions on 'free' speech.