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Economic

Doing Well by Doing Dastardly

OK, Big Tobacco purveys a lot of disease, death and corruption,
but look at how much goddamn money you can make!


Friday, May 11th 2012
Published by: StreetAuthority (Austin, Texas)

The Most Hated Company on Earth Is Making Investors Rich

I can't think of a stock that's more hated.

I've written about this company several times before. And I've personally owned it for years. But every time I mention it, I get nasty emails criticizing me for even covering this stock... let alone recommending it.

In fact, it happens so often that I instruct our staff to mention that this investment isn't for everyone whenever they cover it. If you don't want to invest in this stock, I can certainly understand. But if you have an open mind toward this black sheep, then you're likely to appreciate what it can do for you.

Simply take a look at its performance in the last 12 months...

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Time is Life - An Indigenous Understanding

Nature Is Not A Commodity: The Path to Rio+20

By David Korten
alternet.org
April 26, 2012

 With these three words, Karma Tshiteem, Secretary of the Bhutan Gross National Happiness Commission, ended his brief description of Bhutan’s distinctive approach to economic development. It caught my attention because of the striking contrast to our common Western phrase, “Time is money.”

“Time is life.”

The event I was attending was a small international gathering primarily of indigenous environmental leaders. I was privileged to be among the few nonindigenous writer-activists invited to join them.

Tshiteem was seated to my left. Winona LaDuke, program director of Honor the Earth and a celebrated Native American environmental author and activist, was on my right. Tom Goldtooth, global environmental leader and executive director of the Indigenous Environmental Network, sat directly across from me. Next to him was Pablo Solón, former Bolivian Ambassador to the United Nations. Pablo was a principal driver behind the 2010 World People’s Conference on Climate Change and the Rights of Mother Earth in Cochabamba, Bolivia.

Herman Daly, the father of ecological economics, has aptly observed, “There is something fundamentally wrong in treating the Earth as if it were a business in liquidation.”

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