Monday, December 31, 2007

follow the money......

another interesting piece by Naomi Klein..... greed wins again....man it's tough to view these people as members of the human family....i keep thinking "don't they have children and grandchildren???" i guess they figure their descendents will be in the fortified green zones and safe from the destruction of the climate of planet earth.....how much longer will the greedy, power drunk elite be allowed to dictate suicidal policy to the many and send us the bill.???

Guns Beat Green: The Market Has Spoken
By Naomi Klein - November 29th, 2007
Anyone tired of lousy news from the markets should talk to Douglas Lloyd,
director of Venture Business Research, a company that tracks trends in venture
capitalism. "I expect investment activity in this sector to remain buoyant," he
said recently. His bouncy mood was inspired by the money gushing into private
security and defense companies. He added, "I also see this as a more attractive
sector, as many do, than clean energy."
Got that? If you are looking for a sure bet in a new growth market, sell solar, buy surveillance; forget wind, buy weapons
.....Put simply, in the world of venture capitalism, there has been a race going on between greens on the one hand and guns and garrisons on the other--and the guns are winning.
.......Of course, there is still money to be made from going green; but there is much more green--at least in the short term--to be made from selling escape and protection. As Lloyd explains, "The failure rate of security businesses is much lower than clean-tech ones and, as important, the capital investment required to build a successful security business is also much lower." In other words, solving real problems is hard, but turning a profit from those problems is easy.

Bush wants to leave our climate crisis to the ingenuity of the market. Well, the market has spoken: it will not take us off this disastrous course. In fact, the smart money is betting that we will stay on it
full story

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