It is pretty amazing… i still remember the times when “the state” has debt of 10.000 Deutschmark per Capita… and i thought “What the f****? What did they do with that money? And why should i pay for debt that others created for me?”
There is a “pakt” between “private” (?) completely undemocratic Banks like FED and ECB and the state their currency “belongs to” or “controls” – in order to avoid inflation (because private “experts” are believed to be better at that) – the money-creation monopoly was to 90% shifted to private institutions – but they need to guarantee that the state financially never fails.
The ECB and FED seem to have forgotten about their part of the deal.
State deficit explodes – despite almost 0% interest. Isn’t that a contradiction?
So why is the debt there?
If you could take a new loan to pay all the old loans… with an almost 0% interest?
Money should be there to allow people’s dreams to be realized.
Of course the “dream” should somehow make sense and allow people to live a healthier, more sustainable and self-sufficient life – but actually banks do not like to fund such projects.
It should be a responsible – ecological – socially just dream that you want to realize not like “i want to buy 100000000x donuts” – and then what? Ship them to Africa? That would be actually interesting 😀
The “elite” only cares about their own dreams of more and more power – (everybodys nightmare by the way) of complete rule of the planet – world-domination and world-exploitation and world-enslavement – without any limits – regardless the social and environmental costs.
Stellen Sie sich die GLS Bank als Brücke vor, auf der einen Seite Menschen, die ihr Geld verantwortungsvoll anlegen, auf der anderen Seite solche, die mit dem Geld sinnvolle Dinge tun. Unsere Mitglieder bilden mit ihren Mitgliedschaftsanteilen die Tragpfeiler des Bankgeschäfts. Denn damit die Verbindung in Form von Krediten zustande kommen kann, benötigen wir Mitgliedschaftsanteile. Diese bilden das notwendige Eigenkapital, das für unsere Kreditvergabe gesetzlich erforderlich ist. Als GLS Mitglied werden Sie Teil unserer Bank und damit der GLS Gemeinschaft. Sie ermöglichen die Finanzierung sinnstiftender Unternehmen und Projekte, stärken unser sozial-ökologisches Bankgeschäft und gestalten gemeinsam mit uns eine zukunftsweisende Gesellschaftsentwicklung.
Für die HypoVereinsbank – als Teil der UniCredit Gruppe – ist Nachhaltigkeit laut eigenen Angaben ein wesentlicher Pfeiler ihres Geschäftsmodells. Die Nachhaltigkeit beginnt demnach “im Tagesgeschäft und führt über Klima- und Umweltschutz, ressourcenschonendes Wirtschaften bis hin zu […] breite[m] gesellschaftlichen Engagement.” Auch bekennt sich die HypoVereinsbank zu sozialen und ökologischen Belangen im Kerngeschäft. Des Weiteren hat sich die Bank dem UN Global Compact und den Äquatorprinzipien verschrieben, sowie sektorspezifische Finanzierungsrichtlinien erlassen.
Diese Selbstverpflichtungen der HypoVereinsbank decken jedoch nur zu 30% die sozialen und ökologischen Bewertungskriterien des Fair Finance Guide Deutschland ab.
Dies liegt insbesondere an der fehlenden Veröffentlichung intern bereits vorhandener Entscheidungsrichtlinien, welche eine transparente Kontrolle von Finanzierungs- und Investitionsvorhaben durch externe Stakeholder aber nicht möglich macht.
Ebenso ist die ausschließliche Fokussierung der Nachhaltigkeitsrichtlinien bzw. der angewandten internationalen Standards auf Finanzierungen als kritisch zu bewerten, da Banken auch durch Investitionsentscheidungen (bspw. Eigenanlagen, Auflage von Fonds) Einfluss auf die soziale und ökologische Performance von Unternehmen ausüben können.
Deshalb schneidet die HypoVereinsbank in ihrer ersten Bewertung durch den FFG sehr schwach ab.
Die stichprobenartige Untersuchung “Deals mit Dirty Profits 4 Unternehmen” (November 2016) zeigt, dass die UniCredit Gruppe sich in 2016 innerhalb von 6 Monaten an 4 Deals zur Kapitalbeschaffung für gemäß des
“A long-fought legal battle to recover $8.9 billion in damages from Exxon Mobil Corporation for the contamination and loss of use of more than 1,500 acres of wetlands, marshes, meadows and waters in northern New Jersey has been quietly settled by the state for around $250 million.
Made headlines for boycotting Israel human rights violations (loans for illegal settlement), but not boycotting Saudi Arabia.
Unfortunately – the Israel-Palestina matter on the one hand easy – why not two accepted states? (like what happend after Ghandi – a new islamic dominated state – Pakistan – was born and India got split with proper borders) on the other hand – it is extremely complex and the amounts of wrong doings from both sides can not be overseen anymore – it is something that the people of Israel have to come up with a respectful solution – they can accept the help of buddhist monks 😀 – probably we need another Ghandi.
Dexia excluded for involvement in Israel
08-03-2011 | (French?)-Belgian bank Dexia has been excluded from the Triodos sustainable investment universe because of its ongoing financing of Israeli settlements in the Occupied Palestinian Territories.
Dexia in Israel
Dexia Israel Bank (DIB), a subsidiary of Dexia, has financed Israeli settlements in the past. In response to shareholder and stakeholder pressure, DIB stopped new loans to Israeli settlements in June 2008. There are also indications that current loans are being withdrawn, although the longest maturity loan in the portfolio will not end until 2017. DIB’s actions have caused uproar in Israel and a regional council major in southern Israel called for a DIB boycott.
Despite the freeze on new loans and withdrawal by DIB, the bank still has loans outstanding to the Municipality of Jerusalem. Jerusalem lies at the heart of the occupied territories and since 1967 East Jerusalem has been under Israeli government rule. Settlements have been established for Jewish Israeli occupants only and settlers receive substantial financial benefits, as well as access to land and natural resources in the disputed territory. By financing the municipality, DIB loans are potentially being used to finance human rights abuses against Palestinians in East Jerusalem.
Dexia is aware of its potential involvement in violating United Nations (UN) resolutions and Triodos has had extensive dialogue with the company on the issue, but to date it has not expressed its intention to withdraw or earmark its finance activities to the Municipality of Jerusalem. Nor has it indicated any intention to otherwise ensure that DIB financing does not contribute to violations of human rights in the disputed territories. For these reasons, Dexia has been excluded from the Triodos sustainable investment universe.
Related Links and content:
“Triodos Bank is a European self-styled ethical bank.
It has decided to exclude Dexia Bank (read boycott) for involvement in Israel.
Search the Triodos site for boycotting for excluding Saudi Arabia for human rights violations and predicatably the return is nil …
Triodos writes that Dexia is a Belgian bank.
In fact, and Triodos knows it full well, Dexia is a French-Belgian bank, but the extremely violent pro-boycott campaign comes from Belgium and is tainted with antisemitc tones, like the European multisecular blood libel accusations.
Executive Order 157 – Banning Investment in Institutions or Companies that Boycott Israel
Governor Andrew M. Cuomo issued Executive Order No. 157 directing State entities to divest all public funds supporting the Boycotts, Divestment and Sanctions campaign against Israel. The first-in-the-nation action will ensure that no State agency or authority engages in or promotes any investment activity that would further the harmful and discriminatory Palestinian-backed Boycotts, Divestment and Sanctions (BDS) campaign in New York State.
Fri, Nov 11 2016 3:00 PM CET —Mon, Nov 14 2016 12:00 AM CET
On November 11-13, 2016, “Platform Cooperativism: Building The Cooperative Internet” will take place at The New School and Civic Hall in New York City. On Day 1, we will bring together an international group of policymakers to discuss regulation and investment in alternative models. In the afternoon, we’ll think through the legal and design implications of the cooperative platform economy. On Day 2, discussions will focus on global opportunities for convergence among worker resistance, unions, and cooperatives. How can online co-ops meet some of the platform economy’s challenges that the labor movement has struggled with? On Sunday, Day 3 an unconference co-sponsored and hosted by our partner Civic Hall will allow for an open stream of project proposals for the platform co-op space.
here is the massive amount of text you probably not gonna read:
Platform Cooperativism: Building the Cooperative Internet
Almost unnoticed, in the gaps and hollows of the digital economy, a new economy is emerging that follows a different ethical and financial logic. Platform cooperativism, as it has come to be called, is an emerging movement for democratic governance and collective ownership on the Internet and a fairer future of work. It is a concrete, near future alternative to the on-demand economy; it reclaims humane principles like mutuality, sympathy, and solidarity by bringing together the rich heritage of cooperativism with 21st-century technologies.
The pieces are coming into place. Freelancers are forming cooperatives to find clients and pool insurance through platforms of their own. Uber drivers are leaving the mothership, organizing in co-ops, and designing their own taxi apps. Photographers are offering their work for fair prices on a platform where they’re in charge, and journalists are crowdfunding news portals co-owned with their audiences. New decentralized networks are enabling people to share their data with each other without relying on a corporate cloud. Contrary to the rules of the dominant algorithmic gatekeepers, platform cooperativism puts the online economic infrastructure into the hands of the people who depend on it most.
The cooperative platform economy can become one of the counterforces to the defects of the on-demand economy. It is a strategy for reversing wealth inequality, gender inequity, environmental degradation, and systemic racial injustice. The experiments now already underway show that a global ecosystem of cooperatives can stand against the concentration of wealth and the insecurity of workers that yields Silicon Valley’s winner-takes-all economy. They show that the Internet can be owned and governed differently.
Since the “Platform Cooperativism: The Internet, Ownership, Democracy” event in November 2015 at The New School, conferences and community meetings about the cooperative platform economy have taken place in Berlin, New York City, Florence, Bologna, Weimar, Melbourne, London, Brussels, Boston, Budapest, and Philadelphia. A new book, Ours to Hack and to Own, gathers many of the rationales and experiments that are driving the movement forward. The Platform Cooperativism Consortium will launch at this event, creating a global network of institutions to support this eco system of businesses. The vision is spreading. A year later, we need to keep the momentum building and continue forging the critical connections necessary to make this vision even more a reality.
On November 11-13, 2016, “Platform Cooperativism: Building The Cooperative Internet” will take place at The New School and Civic Hall in New York City.
On Day 1, we will bring together an international group of policymakers to discuss regulation and investment in alternative models. In the afternoon, we’ll think through the legal and design implications of the cooperative platform economy.
On Day 2, discussions will focus on global opportunities for convergence among worker resistance, unions, and cooperatives. How can online co-ops meet some of the platform economy’s challenges that the labor movement has struggled with?
On Sunday, Day 3 an unconference co-sponsored and hosted by our partner Civic Hall will allow for an open stream of project proposals for the platform co-op space.
Building the basis for a popular movement in support of a fairer cooperative digital economy requires countless people, projects, inventive organizations, publications, and events around the world. “Platform Cooperativism: Building The Cooperative Internet” will be part of this effort. Join us online and in person.
The event will be live streamed at:
Maira Sutton is the Campaign Organizer at Shareable building our online advocacy projects. She was formerly at the Electronic Frontier Foundation (EFF) for over four years as their Global Policy Analyst, where she monitored and advocated for digital rights around emerging tech policy and their impact on access to knowledge, privacy, and free expression. She was one of the leading activists following the Trans-Pacific Partnership trade negotiations and its effects on users, scholars, creators, and innovators. Prior to joining EFF, she was a paralegal and legal researcher at a law firm in Los Angeles that specialized in fighting redevelopment, eminent domain, and unfair government practices
She earned her BA at UC Santa Cruz in Politics and Global Information and Social Enterprise Studies. At UCSC she was a Fellow and Coordinator for the Everett Program, which trains undergraduate students to become enterprising tech-literate activists for local to global social justice causes. In 2008, Maira lived and worked in Kuala Lumpur, Malaysia, as a legal researcher and tech intern with Sisters in Islam, a Muslim feminist organization.