FUNKMAN
11-22-2005, 08:45 PM
<p>i don't know what the fuck it is but if i'm not posting i'm usually reading news on yahoo and cnn and no matter how many times i see this stuff it gets under my skin. it happens day after day after day. </p><p>the cards are so stacked against the 'have-nots' it's just plain sad... mind you my wife and i work pretty hard and we have a nice home and don't go hungry but there are too many people out there working two jobs for little pay and no benefits along with people who can't find a decent job. it's tough enough to make a living without these "excuse my language" greedy mother fuckers taking too big a share and leaving people at the bottom with nothing and they couldn't give a flying fuck about it</p><p>i'm not the sharpest tool in the shed but no one can convince me otherwise that the greed at the top does not hurt people at the bottom. (hopefully i worded that right) i think you know what i meant...</p><p>anyway. sorry about playing the 'broken record' again... i've got to stop reading the news</p><p> </p><p><a href="http://news.yahoo.com/s/nm/20051122/lf_nm/cameroon_pipeline_dc" target="_self">Frustrations grow in Cameroon over oil pipeline</a></p><p>The terminus for a 665-mile pipeline bringing oil from landlocked Chad to Cameroon, Kribi was full of expectations that wealth would trickle down from the $4 billion venture -- one of Africa's biggest infrastructure projects.</p><p>Instead, Kribi's fishermen say a reef was destroyed during the construction of an offshore facility three years ago and this has endangered their livelihoods. Their complaints echo those heard from others living along the Doba pipeline route.</p><p>"These people only cared about their pipeline and the money they will make from it, they cared little about us," said Agathe Mbedi, who sells fish at Kribi's market.</p><p>"They destroyed the rock that shielded the water in which fish used to breed. They promised to replace it, but have done nothing. Our men are earning less money, our children are out of school and we risk starving."</p><p>The World Bank, which funded the venture, helped set up what it calls unprecedented safeguards to manage earnings from the pipeline, which is operated by a U.S.-led consortium and promised revenues of $500 million for Cameroon.</p><p>The venture, led by Exxon Mobil Corp., had been viewed by many rights activists as a test case of whether petrodollars can fight poverty in Africa instead of fueling conflict and corruption</p><p></p><p><br /><a href="http://money.cnn.com/2005/11/22/markets/ssbmemo_fortune/index.htm" target="_self">'You have the only hard copy'</a></p><p>This Citigroup memo admitted internal "pressures" kept analysts from providing honest research.<br /> <br />As a participant in the 2002 global Wall Street settlement resulting from Spitzer's investigation, Citi has since reformed its research practices<br /></p><p><a href="http://money.cnn.com/2005/11/22/news/newsmakers/oracle_ceo.reut/index.htm" target="_self">Oracle CEO to pay $122M in investor suit<br />Larry Ellison settles shareholder suit that accused him of insider trading; $100M to go to charity.</a></p><p>The settlement stems from a lawsuit filed after Ellison sold nearly $900 million of stock in 2001 shortly before the software maker announced it would miss its quarterly earnings targets. Oracle shares tumbled following that announcement. </p><p></p><p> </p>
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