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drinking water crisis- a right or commodity?

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4 hours ago, hamradio said:

Wish actual news links are posted instead of tweets which tell us very little.

2 ex-health officials charged with manslaughter in Flint





Wonder if he's smiling now?


Thanks for the post as this does it explain it better.  As for former Gov. Snyder, the charge seems awful vague for a governor.

"The indictment alleges that Snyder failed to check the “performance, condition and administration” of his appointees and protect Flint’s nearly 100,000 residents when he knew the threat. The Republican served as governor from 2011 through 2018."

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Wall Street Begins Trading Water Futures as a Commodity-


Wall Street has begun trading water as a commodity, like gold or oil. The country’s first water market launched on the Chicago Mercantile Exchange this week with $1.1 billion in contracts tied to water prices in California, Bloomberg News reported.

The market allows farmers, hedge funds, and municipalities to hedge bets on the future price of water and water availability in the American West. The new trading scheme was announced in September, prompted by the region’s worsening heat, drought, and wildfires fueled by climate change....

......some experts say treating water as a tradable commodity puts a basic human right into the hands of financial institutions and investors, a dangerous arrangement as climate change alters precipitation patterns and increases water scarcity.

“What this represents is a cynical attempt at setting up what’s almost like a betting casino so some people can make money from others suffering,” Basav Sen, climate justice project director at the Institute for Policy Studies, told Earther. “My first reaction when I saw this was horror, but we’ve also seen this coming for quite some time.”


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14 hours ago, mr6666 said:


Sorry, but this is a useless post.  She did not say anything of any importance other than that the water pipes burst due to extreme cold.  Whose pipes; water system or individual property owners?  Did not report on what mayor said, much less anyone connected with the water system.

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As for deteriorating water lines in America, it would probably take the entire Federal budget as well as those of the states for about 10 years to replace the water lines in America.  This does not include those for which property owners are responsible.

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On 5/21/2018 at 5:23 PM, darkblue said:

Up here, it's a right.

Down in the U.S.A., I'm not sure.

I think I read something about Nestles trying to buy up all the rights to fresh water.

Yeah, they've been tapping Michigan's fresh spring water reserves of millions of gallons  while paying little to no compensation for it due to a "deal" struck with the Michigan GOP led legislation.   I'm not sure of all the niggling details, but it was something that began in former Gov.  Snyder's(GOP) term.  


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