One wedding and several funerals

[ UPDATE : SEVERAL NEW PLAUSIBLE FACTOIDS HAVE EMERGED NECESSITATING CHANGES. ]

Jubilant scenes across New York as mass flag-waving breaks out to celebrate.

Are they congratulating Wills and Kate ? The Americans probably reviewed the TV ratings for the right royal wedding and decided they too needed something to boost the morale of the nation. So they went and killed Osama Bin Laden.

Or not. He could have been dead for days, because the plans were made weeks ago. Was he killed pre-emptively ahead of the collective British regal marital hysteria ? Why did the young newlyweds ship out to an “undisclosed location” instead of jetting off on honeymoon, pronto ? Was there a “credible threat” made on their lives in retaliation at the death of the Al Qaeda spiritual leader ? Or was an unarmed Osama bin Laden murdered by a surprise military attack at night at his family home after an Al Qaeda threat was made on Prince William and his new wife ? You have to admit the timing of the news is interesting…

Bin Laden “buried at sea” ? Yeah, right. If his body was dumped at sea, that could cause considerable affront to his supporters, but at least it would cover the fact that he had been dead for well over 24 hours, which would be an even worse affront according to Muslim burial traditions. If the body was no longer fresh enough for a photo shoot a hypothetical burial is necessary, one that can obscure the facts from international cameras and mobile phones. The Americans sent in a hit squad rather than dropping bombs from drones. Why go in person ? To make sure they have video and photographic evidence of the killing to show to Hillary Clinton and Barack Hussein Obama a few days later ? And by what moral and legal justification did Barack Hussein Obama issue a kill order instead of capturing Osama bin Laden for trial for his alleged crimes against humanity ?

Meanwhile, back in Libya, several other funerals have taken place after a NATO bombing raid in Tripoli, at night, targeting the Gaddafi family home, the victims of which included a son and some grandchildren of Colonel Gaddafi (and possibly even Muammar Gaddafi, the Brother Leader, himself, was killed too, although we don’t know that for sure yet) and sparked massive protest, which may lead to foreign troops “on the ground” to “finish off” the war – maybe disguised by gas masks, or under cover of enacting war crimes warrants. Various world leaders have declared they want to see the end of the current regime in Libya. NATO might be used to protect energy supplies. It could get a whole lot nastier now. What had Libya and Libya’s leader done to deserve this ? Declare energy independence ? :-

http://www.ft.com/cms/s/0/67d1d02a-5314-11e0-86e6-00144feab49a.html#axzz1LD4mxQ1w
“Oil companies fear nationalisation in Libya : By Sylvia Pfeifer and Javier Blas in London : Published: March 20 2011 : Western oil companies operating in Libya have privately warned that their operations in the country may be nationalised if Colonel Muammer Gaddafi’s regime prevails. Executives, speaking on condition of anonymity because of the rapidly moving situation, believe their companies could be targeted, especially if their home countries are taking part in air strikes against Mr Gaddafi. Allied forces from France, the UK and the US on Saturday unleashed a series of strikes against military targets in Libya…”

Osama bin Laden was arguing for a end to foreign interference in Arab territories, which naturally would have involved reasserting national control of oil and gas resources, and retaining wealth in the countries of origin. And many western strategists believe that this “threat” should never be allowed to happen. Osama bin Laden, in poor health, had probably negotiated a deal where he was allowed to live peacefully in retirement, but things changed, and the American Navy stormed his house at night and killed him and attacked his family. If the United States go after a sick man, and nearly murder his wife just because she happened to be in the way when they shot him (no taking prisoners, then), what will they do now ? Take out Pakistan for harbouring him (even though they agreed to host Osama bin Laden’s retirement in the first place) ? Or cut international aid intended for disaster relief in Pakistan ? It is now a distinct possibility that by encouraging universal joy over the death of the “sinner” bin Laden, a great piece of media entertainment, the world audience is being warmed up for overpowering violence against Libya, whipped up by American hawks. The deal breakers. All the wrong actions for all the wrong reasons.

And what did Barack Hussein Obama say ? “No Americans were harmed“, whilst “bringing Osama bin Laden to justice…Justice has been done“. Internal moral compasses may flinch at these words. Justice normally involves a court of law, not the President of the United States watching an “enemy of America” being liquidated on a secure webcam. Two victims of extensive and enduring negative American propaganda have been attacked with full military might whilst tucked up in bed at home. Who’s next ? Julian Assange ? Hugo Chavez ? Some other man made out to be a demon ? And while Ed Miliband, Labour Party leader in the United Kingdom says the world is now a “safer place”, Americans are being issued with travel advisories.

Ethical Investment

I met several people in the finance-with-conscience crowd the other week, when I went for a spot of champers and Marmite soldiers at the House of Commons for National Ethical Investment Week.

I learned about various views on social and positive impact investment, and about elements of the Coalition Government’s “Big Society” and the proposed Green Investment Bank.

Ethical Investment appears to have come a long way since I put some money into a Fair Trade company many moons ago, where I knew I would never see a dividend, or even be able to sell the shares at some point.

Grown up people in sharp suits and big name frocks now do moral banking, and often reap a healthy return on their investment – “doing well” as well as “doing good”, as Adam Ognall of UK Sustainable Investment and Finance says.

I was challenged to think about what faith communities do with their money around a month ago, all precipitated by a conversation I had with Martin Palmer of the Alliance of Conservation and Religions, and then I heard something at a recent meeting that caused me to investigate a little… Continue reading Ethical Investment

BP : After the Gas and Oil are Gone

Together with a couple of my peers, I’ve been taking a look at BP’s “sustainability”, both from a business point of view and from a Climate Change point of view.

We’ve just given a presentation, of which I offer you a couple of the slides and the script to accompany them.

The central point of issue is : what will BP do after the Gas and Oil are gone ? There may be decades of reasonable hydrocarbons left to exploit, but how will Pension Funds get their return on investment after that ? Where is the future thinking ?

And what about Climate Change ? Retreating from Alternative Energy back into its core business of Oil and Gas means that BP plc will not be able to make substantial cuts in the Greenhouse Gas Emissions of the products that they sell – which means that sooner or later, when Carbon Energy is rationed, their business will start to implode.

Continue reading BP : After the Gas and Oil are Gone