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To: Siena Dreaming; Pecos; stephenjohnbanker; TigerLikesRooster; bamahead
What's happening, though, is a private group is buying which is a perfectly legitimate transaction.

Then why are some of these transactions dependent on revenue from UN-issued carbon credits (i.e., U.S. taxpayer dollars)? See below excerpt:

The largest land deal in South Sudan, where as much as 9% of the land is said by Norwegian analysts to have been bought in the last few years, was negotiated between a Texas-based firm, Nile Trading and Development and a local co-operative run by absent chiefs. The 49-year lease of 400,000 hectares of central Equatoria for around $25,000 (£15,000) allows the company to exploit all natural resources including oil and timber. The company, headed by former US Ambassador Howard Eugene Douglas, says it intends to apply for UN-backed carbon credits that could provide it with millions of pounds a year in revenues.

This is not capitalism. This is the establishment figuring out how to simultaneously screw the non-establishment on both sides of the Atlantic!

11 posted on 06/12/2011 2:13:44 PM PDT by rabscuttle385 (Live Free or Die)
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To: rabscuttle385

Great post, Rabs.


12 posted on 06/12/2011 4:28:43 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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