38Degrees reports that the government is being taken to court for bailing out banks like RBS for loaning money to organisations supporting ubiquitous "climate change" scams, amongst other things:
Today saw the start of an important court case about the bailed out banks [1]. Since being bailed-out with taxpayers' money, RBS has backed deals worth nearly £10bn for companies and projects linked to climate change and human rights abuses. Today the government is being taken to court for allowing this to happen.A worthy cause, don't you think?
We've teamed up with World Development Movement, Platform, and People & Planet to push the Chancellor, Alistair Darling, to use his power to make bailed-out banks like RBS a force for good. Taxpayers have pumped billions into these banks. Now is our chance to demand that our money's invested responsibly, in projects which benefit people and the environment, not projects that harm them.
Please add your voice to our campaign for bailed-out banks to invest responsibly.
We need to make sure court action is backed up by a strong popular call for change. Court cases make the news, but we know that people power has a critical role to play in shifting the government's position. Over the coming weeks we need to deliver a huge petition to Mr Darling, then back that up with thousands of messages to MPs.
Whether it's on bonuses or human rights abuses, we should have more say in how the bailed-out banks are run. Alistair Darling needs to turn ownership of the banks into an opportunity to improve how they do business. Our money saved them, and now we can push the government to use its powers to bring them into line.
Together we can push him to seize this opportunity, please add your voice today:
[1] Treasury taken to court for RBS loans to Vedanta Resources
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4 comments:
Fausty lets think this through. We've bailed out the banks so they have shed loads of money to lend to 3rd World "Green scams". All the rich gits are heading off that way to build big estates in the jungle. Who'll get the "Green loans", yep the guys on the verandah on the big house in the centre of the estates. Who pays the loan off. The country that the estate is squatting on. Who gives the country the money to pay the interst on the loan, WE DO.
That's what the green taxes scam is for. To give to the rich sitting in their vast new green estates in Paraguay, Argentian, Madagascar etc.
It is not wealth transfer from 1st to the 3rd world it is theft disguised as such.
Exactly. That's why the likes of RBS should not be used to finance projects in the name of "climate change".
I'm all for enhancing the environment - making it a cleaner, more pleasant place to live (including planting more trees in urban areas).
This court case is challenging the government on this basis.
Nice post, government using bailed out Banks as a conduit to pump out our money into their pet overseas projects rather than label it AID.
Very clever because the banks have lost so much money already who will notice the odd £10 billion.
Thank you, banned. It is galling that we've bailed out a bank whose lending practices have furthered the AGW scam's goals, which will impoverish us further.
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