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Friday, October 30, 2015

Happy Halloween: The undead are alive and well, profiting on Wall Street.

         ExxonMobil CEO Rex Tillerson. Photograph: LM Otero/Associated Press 

"Leading US environmental campaigners have joined a diverse line-up of pressure groups to demand a federal investigation into allegations that the oil giant ExxonMobil illegally covered up the truth about climate change. Earlier in the week, first Bernie Sanders and then Hillary Clinton, the leading Democratic presidential candidates, called for the US government to announce an official investigation. On Friday morning, 350.org, an environmental movement, issued a letter signed by climate campaigners, civil rights organizations, indigenous people’s groups and others, calling on US attorney general Loretta Lynch to investigate. The letter cited “revelations that ExxonMobil knew about climate change as early as the 1970s, but chose to mislead the public about the crisis in order to maximize their profits from fossil fuels”."

http://www.theguardian.com/us-news/2015/oct/30/exxonmobil-climate-change-environmental-groups-federal-investigation

Some interesting context about the man pictured above in the uber-expensive suit:
Exxon CEO Tillerson suffers from (among other things*) NIMBY syndrome - as in "NotInMyBackYard"- which is often the case with the rich and those who aspire to be rich. In early 2014, when a fracking-related water tower was to be built near his multi-million dollar ranch in (where else?) Texas, he and a few other neighbor friends (namely, House Majority Leader Dick Armey, R-Texas) sued. Said it would ruin property values...theirs.

Fracking does ruin property values, which an Exxon CEO is happy allow...as long as the property in question is yours, not his.

Nice, Rexy Baby...you're a real friend to the earth and all its inhabitants.

The undead are alive and well, profiting on Wall Street.

*Things such as an absence of a conscience, a lack of humanity, um, an anti-social personality disorder...to name but a few. But, luckily for him, he doesn't suffer alone: He's got the majority of the upper strata of corporate America for company in his disease.

http://www.wsj.com/articles/SB10001424052702304899704579391181466603804