Posts tagged corruption

Afghanistan may attract more energy firms as Exxon shows interest

verbalresistance:

More top-tier energy companies are likely to join the race to explore for oil and gas in Afghanistan after the world’s biggest publicly traded firm, Exxon Mobil (XOM.N), changed perceptions of what the country may hold by showing interest in drilling.

Energy majors are exploring new frontiers in pursuit of fresh reserves as they exhaust existing fields and Afghanistan, after decades of conflict, remains little explored.

While the U.S. government estimates the country holds a fraction of the reserves of surrounding giant Middle East producers, its potential is enough to attract Exxon Mobil and that factor, by itself, is likely to lure more.

Kabul, which has long depended on international donations to finance its economy, now hopes revenue from raw materials will help the country stand alone, especially as an impending pullout of most foreign troops by the end of 2014 is creating donor fatigue.

“Exxon would not go into an area unless the areas are very promising. They are not looking for potatoes,” said Chakib Khelil, former Algerian oil minister, now an energy consultant in Paris.

The search for fresh assets by big companies such as Exxon, which produce a lot could mean “going to the Arctic, going deep off-shore and going into new areas like Afghanistan,” he added.

Eight firms including Exxon this month expressed interest in an oil and gas auction of six blocks in the Afghan-Tajik basin, after a tender was won by China National Petroleum Co (CNPC) late last year.

Afghanistan has about 1.9 billion barrels of undiscovered technically recoverable crude reserves, the United States Geological Survey (USGS) said in 2011, although it didn’t say how much of it was economically recoverable.

That compares to Equatorial Guinea, which has proven reserves of 1.7 billion barrels and produces about 250,000 barrels of crude a day, according to BP’s (BP.L) latest annual statistical review.

With oil hovering around $100 a barrel, an output of 250,000 bpd would earn Afghanistan about $9.1 billion a year. That would be roughly half the country’s gross domestic product of $20 billion in 2011, according to the World Bank.

The country also has an estimated 59 trillion cubic feet of natural gas reserves, about half that of the proven reserves in neighbouring Iraq, according to BP.

The Tajik basin, for which Kabul invited bids earlier this month, has about 946 million barrels of crude and 7 trillion cubic feet of natural gas reserves, the survey found.

The Amu Darya basin, which CNPC, China’s biggest oil and gas producer, is exploring after it won the tender last year, has 962 million barrels of crude and 52 trillion cubic feet of natural gas, according to USGS …

Read More: Reuters

And for those corporate-sympathisers that will say - well Afghanistan doesn’t have the infrastructure to extract and sell its own resources, western companies working in Afghanistan will only aid the nations growth… well, you know what else would benefit Afghanistan’s growth? If it’s people got to reap the benefits and full profits, of its own resources. Without ethically and politically questionable western corporations dictating their policies (e.g. the deplorable workings of Shell in Nigeria - having quietly seeped into every level of Nigerian politics). It really is as if we’ve all learnt nothing from the days of the East India Company - corporate Imperialism is as rife as ever.

So Western companies are hovering over Afghan resources (just like in Iraq, etc), whilst the USA is likely to sell Afghanistan more weapons and training, while troops (prone to bouts of murderous insanity) are to maintain a presence until 2024. Whilst Western aid only re-enforces the Afghan government’s corruption, builds up an economic dependency that leads to undue (imperialistic) political leverage (see: Pakistan, pre-revolution Egypt, etc etc) and arguably does much more harm than good (“the influx of aid [in Afghanistan] has, in many cases, created dependency, fed corruption, contributed to insecurity and undermined the host government’s capacity to oversee sustainable programmes”).

Please, tell me again how the West are the good guys in all of this.

hooray for worker/resources exploitation in Afghanistan!! :DDD

occupyallstreets:

Whistleblowing Wednesday: Local cops use Homeland Security-funded military weapons, including armored cars w/turrets, drones, assault rifles.
North Dakota’s largest city has averaged fewer than two homicides a year since 2005, and there’s not been a single international terrorism prosecution in the last decade.
But that hasn’t stopped authorities in Fargo and its surrounding county from going on an $8 million buying spree to arm police officers with the sort of gear once reserved only for soldiers fighting foreign wars.
Every city squad car is equipped today with a military-style assault rifle, and officers can don Kevlar helmets able to withstand incoming fire from battlefield-grade ammunition. And for that epic confrontation—if it ever occurs—officers can now summon a new $256,643 armored truck, complete with a rotating turret. For now, though, the menacing truck is used mostly for training and appearances at the annual city picnic, where it’s been parked near the children’s bounce house.
Read More

You know I can understand why someone would be unnerved over their local police having an MRAP with a turret, but what is the problem with purchasing body armor for police? It doesnt hurt anyone, the only thing it does it protect lives. Get over yourself.

occupyallstreets:

Whistleblowing Wednesday: Local cops use Homeland Security-funded military weapons, including armored cars w/turrets, drones, assault rifles.

North Dakota’s largest city has averaged fewer than two homicides a year since 2005, and there’s not been a single international terrorism prosecution in the last decade.

But that hasn’t stopped authorities in Fargo and its surrounding county from going on an $8 million buying spree to arm police officers with the sort of gear once reserved only for soldiers fighting foreign wars.

Every city squad car is equipped today with a military-style assault rifle, and officers can don Kevlar helmets able to withstand incoming fire from battlefield-grade ammunition. And for that epic confrontation—if it ever occurs—officers can now summon a new $256,643 armored truck, complete with a rotating turret. For now, though, the menacing truck is used mostly for training and appearances at the annual city picnic, where it’s been parked near the children’s bounce house.

Read More

You know I can understand why someone would be unnerved over their local police having an MRAP with a turret, but what is the problem with purchasing body armor for police? It doesnt hurt anyone, the only thing it does it protect lives. Get over yourself.

anticapitalist:

Chris Dodd and the MPAA are complaining that politicians are not corrupt enough
From Techdirt:

Reinforcing the fact that Chris Dodd really does not get what’s happening, and showing just how disgustingly corrupt the MPAA relationship is with politicians, Chris Dodd went on Fox News to explicitly threaten politicians who accept MPAA campaign donations that they’d better pass Hollywood’s favorite legislation… or else:
“Those who count on quote ‘Hollywood’ for support need to understand that this industry is watching very carefully who’s going to stand up for them when their job is at stake. Don’t ask me to write a check for you when you think your job is at risk and then don’t pay any attention to me when my job is at stake,”

In response, a petition was filed on whitehouse.gov to investigate Chris Dodd and the MPAA for bribery.
Sign it and share it!

"HEY! YEAH, YOU! Look at how corrupt I am!!" - Chris Dodd to Fox news viewers that don’t care.

anticapitalist:

Chris Dodd and the MPAA are complaining that politicians are not corrupt enough

From Techdirt:

Reinforcing the fact that Chris Dodd really does not get what’s happening, and showing just how disgustingly corrupt the MPAA relationship is with politicians, Chris Dodd went on Fox News to explicitly threaten politicians who accept MPAA campaign donations that they’d better pass Hollywood’s favorite legislation… or else:

“Those who count on quote ‘Hollywood’ for support need to understand that this industry is watching very carefully who’s going to stand up for them when their job is at stake. Don’t ask me to write a check for you when you think your job is at risk and then don’t pay any attention to me when my job is at stake,”

In response, a petition was filed on whitehouse.gov to investigate Chris Dodd and the MPAA for bribery.

Sign it and share it!

"HEY! YEAH, YOU! Look at how corrupt I am!!" - Chris Dodd to Fox news viewers that don’t care.

Bah-zingggg

Bah-zingggg

History and truth have a liberal bias.

In 100 year’s time, you will be unmasked as the villainous disease that you are; your lies and rhetoric will not - cannot - sustain the brutal inquisitions of time. Future generations will hate you for what you have done to us and subsequently them.

live boston police audio communications.

grrrlfoxxx:

http://www.radioreference.com/apps/audio/?action=wp&feedId=6254

spread this everywhere, write down badge numbers, take pictures. 

reblog, don’t just like. liking does nothing, you butts. reblogging at least is a signal boost.

So much for sleep tonight… Boston is in fucking turmoil.

epic4chan:

Wake the fuck up America. We need election reform, NOW!

This man speaks the truth. It doesn’t matter what side of politics you are on because none of the party represents you best. Both parties have been bought by companies and the rich.

We need political parties that listen to their members, not members that listen to their political parties.

We need to end corporate spending on elections.

We need the “alternative vote” voting system so that 3rd parties have a chance to get elected.

http://www.google.com/search?q=election+reform

Me and this guy are going to run america someday.

As their castles crumble slowly,
We watch them fall,
The crown slips from heads unworthy,
As we gain control.
 Timothy J. McIlrath