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Sunday October 14, 2007 22:31
by quang duc
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Jump To Comment: 1 2Well, I'm not so sure where I would start. I suppose, getting more informed would be a good first step, and thanks for the list.
I wonder how many of those companies operate here... (anyone else already dug this out, let us know)
I think I will also try to find out where the state pension funds are invested. I remember questions on this being dodged before... But we should get a full list. It's not at all difficult for the govt to get the information - which companies and how many shares etc.
Lets all ask our TDs to get us the info. After all it's our money... the previous response was that the govt has no control over where the money goes...just like most of us don't give directions to our banks... but actually, that's not true. Generally fund managers are not restricted in their investments, but if the investors, particularly big institutional investors say they want to avoid certain companies or industries, then the fund manager takes those instructions. That's why there are things called 'Ethical Funds' 'Kosher Funds' etc.
Likewise, we as private citizens should all look at any investments we have in funds and see what companies we're investing in.
Just about every fund will have invested in oil, gas, aerospace/military, and biochemicals. Quite a few hold World Bank Bonds as well, and their is a movement to divest from them...
Check out whose benefitting from your investments. Your bank can tell you if you ask. Every fund produces regular reports which list their holdings.
Any other tactics anyone wants to suggest?
All over the west people mobilised to support the Burmese & inform their neighbours. They did so but they omitted India. India & the Myanmar military are as cozy as bugs in a rug. Campaigning against India is easy pizzy. Find any freephone customer assistance number. Phone it. Ask the person on the other end where they are. After making 10 free calls (which cost no money) you will have the name of several companies orc corporations who operate in Ireland who also operate in India.
See?
campaiging against India was always going to be easier than China & with better long term results.