Warren Buffet’s Scandalous POSCO Investment: Indian villagers targeted for genocide

Shabnam Zafar Sheikh with her eight month old baby Aisha. The Indian government demolished her home on May 25 as part of its land grab for corporate interests.

June 9 UPDATE: Another investor in the US is TIAA-CREF, a pension fund that many universities and academics subscribe to. As some of you may know, MZPSG (the Mining Zone Peoples’ Solidarity Group; authors of Iron and Steal, a report on the project’s impacts) has been campaigning for TIAA-CREF to divest. There’s a faculty petition here which we’ve been circulating- do feel free to pass on to professors/post-docs/colleague at US universities whom you know.

By ESG India

Over the past few days, at least 26 platoons of riot police (over 1,000 police personnel) have been deployed to ruthlessly beat down women, children, the aged, and men who have kept a day/night vigil and not allowed any State functionary, police or company official to enter these villages; thus continuing a phenomenal act of peaceful resistance to http://www.esgindia.org/resources/reports/resources/tearing-through-water-landscape.htmlventure, sustained for six years now …

The scandalous POSCO project must be scrapped as its benefits will be accrued mainly by major American financiers (including Warren Buffet) who are major stockholders of this South Korean company.

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All images from Rethinking India unless otherwise attributed.

Nation’s conscience must be awakened to anti-POSCO struggle

Tackling corruption must begin by scrapping the scandalous POSCO project

The brutal police action unleashed by the UPA Government on Baba Ramdev’s fasting camp in Delhi has shocked the nation’s conscience; even the Hon’ble Supreme Court has taken suo moto cognisance of the blatant disregard for fundamental rights, and questioned the Government raison de d’etre to so quell dissent. Most mainstream political parties have jostled with each other to gain attention in condemning the incident; and this has by far been the only issue covered and debated non-stop by the electronic and print media for some days now.

However, little or nothing is being said or done about a far more serious situation that is developing in Jagatsinghpur district of Odisha, where villagers of Dhinkia, Gobindpur, Patana, etc., are resolutely and peacefully opposing the forcible acquisition of their private and forest lands by the Odisha Government for the benefit of South Korean steel major POSCO. Over the past few days, at least 26 platoons of riot police (over 1,000 police personnel) have been deployed to ruthlessly beat down women, children, the aged, and men who have kept a day/night vigil and not allowed any State functionary, police or company official to enter these villages; thus continuing a phenomenal act of peaceful resistance to POSCO venture, sustained for six years now under the leadership of POSCO Pratirodh Sangram Samithi.

Brutal police tactics, criminal intimidation and illegal methods are being employed here to wrest from these peacefully protesting villagers 4000 acres of extraordinarily fertile agricultural and forest land to establish the single largest industrial foreign investment conceived in recent times.

Read more at ESG India

9 responses to “Warren Buffet’s Scandalous POSCO Investment: Indian villagers targeted for genocide

  1. Pingback: The Progressive Mind » Food Freedom | Decentralize, Grow Your Own, Buy Local.

  2. Warren Buffett has a Facebook page on which you can leave a comment. I just did.

    • i would hope that people when they learn how their money to whom they have charged investor to invest, will be very unhappy at the corr, would cause their consigences to cause them to rethink their current course of action,uption and disreguard of the rights of poor people who’s homes and land are being taken by hired thugs, for the profit of peoples fron the usa

  3. Pingback: POSCO Protest in Pictures: Warren Buffet, TIAA-CREF finance Indian land grab | COTO Report

  4. People have rights over this land and its forests and there is a democratic way of deciding whether this land can be taken or not. But the ministry of environment and forests (MoEF) ignored both the law and the democratic process in order to grant the land to POSCO, says Shankar Gopalakrishnan, leading activist of the Campaign for Survival and Dignity, a national platform of tribal and forest dweller mass organizations struggling for the rights of forest communities. Read this blog http://bit.ly/lapDJy

    See also the response of E A S Sarma, Former Union power secretary and environmental activist http://bit.ly/mecLzW

  5. Most of the communities in India (such as Bengali), are succumbed in ‘Culture of Poverty'(a theory introduced by an American anthropologist Oscar Lewis), irrespective of cl-ass or economic strata, lives in pavement or apartment. Nobody is at all ashamed of the deep-rooted corruption, decaying general quality of life, worst Politico-administrative system, weak mother language, continuous absorption of common space (mental as well as physical, both). We are becoming fathers & mothers only by self-procreation, mindlessly & blindfold. Simply depriving their(the children) fundamental rights of a decent, caring society, fearless & dignified living. Do not ever look for any other positive alternative behaviour (values) to perform human way of parenthood, i.e. deliberately co-parenting of those children those are born out of ignorance, real poverty. All of us are being driven only by the very animal instinct. If the Bengali people ever be able to bring that genuine freedom (from vicious cycle of ‘poverty’) in their own life/attitude, involve themselves in ‘Production of Space’ (Henri Lefebvre), at least initiate a movement by heart, decent & dedicated Politics will definitely come up. – Siddhartha Bandyopadhyay, 16/4, Girish Banerjee Lane, Howrah-711101, India.

  6. true… but ultimately, like the how a wise man once said: Power tends to corrupt; absolute power corrupts absolutely

  7. Warren Buffet needs to take a good look at his conscience regarding this venture, taking land and homes from the people of india. it looks like the good people of india have been sold out by crooks that are allowed to disreguard the law by the government officials, who swore to protect the indian people from this kind of envirnmental terrorist, motivated by greed,
    having no reguard for the people of india or it’s laws. some one mat go to jail for this.

  8. Pingback: Toxin Free Living » Demand GMO Labeling now!

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