Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stock Market Rip the Face Off the Bears Rally! - 22nd Dec 24
STOP LOSSES - 22nd Dec 24
Fed Tests Gold Price Upleg - 22nd Dec 24
Stock Market Sentiment Speaks: Why Do We Rely On News - 22nd Dec 24
Never Buy an IPO - 22nd Dec 24
THEY DON'T RING THE BELL AT THE CRPTO MARKET TOP! - 20th Dec 24
CEREBUS IPO NVIDIA KILLER? - 18th Dec 24
Nvidia Stock 5X to 30X - 18th Dec 24
LRCX Stock Split - 18th Dec 24
Stock Market Expected Trend Forecast - 18th Dec 24
Silver’s Evolving Market: Bright Prospects and Lingering Challenges - 18th Dec 24
Extreme Levels of Work-for-Gold Ratio - 18th Dec 24
Tesla $460, Bitcoin $107k, S&P 6080 - The Pump Continues! - 16th Dec 24
Stock Market Risk to the Upside! S&P 7000 Forecast 2025 - 15th Dec 24
Stock Market 2025 Mid Decade Year - 15th Dec 24
Sheffield Christmas Market 2024 Is a Building Site - 15th Dec 24
Got Copper or Gold Miners? Watch Out - 15th Dec 24
Republican vs Democrat Presidents and the Stock Market - 13th Dec 24
Stock Market Up 8 Out of First 9 months - 13th Dec 24
What Does a Strong Sept Mean for the Stock Market? - 13th Dec 24
Is Trump the Most Pro-Stock Market President Ever? - 13th Dec 24
Interest Rates, Unemployment and the SPX - 13th Dec 24
Fed Balance Sheet Continues To Decline - 13th Dec 24
Trump Stocks and Crypto Mania 2025 Incoming as Bitcoin Breaks Above $100k - 8th Dec 24
Gold Price Multiple Confirmations - Are You Ready? - 8th Dec 24
Gold Price Monster Upleg Lives - 8th Dec 24
Stock & Crypto Markets Going into December 2024 - 2nd Dec 24
US Presidential Election Year Stock Market Seasonal Trend - 29th Nov 24
Who controls the past controls the future: who controls the present controls the past - 29th Nov 24
Gold After Trump Wins - 29th Nov 24
The AI Stocks, Housing, Inflation and Bitcoin Crypto Mega-trends - 27th Nov 24
Gold Price Ahead of the Thanksgiving Weekend - 27th Nov 24
Bitcoin Gravy Train Trend Forecast to June 2025 - 24th Nov 24
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

BP and Bhopal, U.S. Double Standards

Politics / US Politics Jul 01, 2010 - 08:07 AM GMT

By: Submissions

Politics

Bill Quigley and Alex Tuscano writes: When President Barak Obama went after BP and demanded a $20 billion dollar fund be set up for victims of the Gulf oil spill, the people of India were furious. They saw a US double standard. The US demonstrated it values human life within the US more than the lives of the people of India.


BP should pay $20 billion in compensation, probably even more. The people of India agree with that.

But people are angry because the US is treating the oil spill, called the worst environmental disaster in US history, in a radically different way than the US treated the explosion of a US-owned pesticide plant in Bhopal India, which some call the worst industrial disaster in history.

The 1984 Bhopal explosion released tons of toxic chemicals into the air, claimed the lives of between 15,000 and 20,000 people within two weeks, and disabled hundreds of thousands of others – many still suffering from physical damage and genetic defects.

The plant that exploded was operated by Union Carbide India Limited, a corporation owned by Union Carbide of the United States.

The disaster occurred in a thickly populated area close to the central railway station in Bhopal, an urban area of 1.5 million in the heart of India. Most people in the area lived in shanty huts.

Thousands of dead humans and animals filled the streets of Bhopal. Survivors complain of genetic damage which has caused widespread birth defects in children and even grandchildren of those exposed.

The soil and water of Bhopal remain toxic with heavy pesticide residue and toxic metals like lead, mercury, arsenic, cadmium and chromium.

While President Obama displayed outrage at BP officials over the 11 deaths from the US oil spill, the US has refused to extradite Warren Anderson, the chair of Union Carbide, to face charges for his role in the Bhopal disaster.

Recall too that Obama advisor Larry Summers, then chief economist at the World Bank, stated in an infamous 1971 memo. “Just between you and me, shouldn’t the world Bank be encouraging MORE migration of the dirty industries to the Less Developed Countries?... I’ve always thought that under-populated countries in Africa are vastly UNDER-polluted…”

Obsolete and hazardous industries have been systematically transferred to the third world countries to not only exploit the cheap labor but also to avoid disastrous impact of these industries on the advanced countries.

Union Carbide put profit for the corporation above the lives and health of millions of people. Dow Chemical, which took over Union Carbide, is attempting to distance itself from all responsibility.

In India there were two Bhopal developments this month. The Indian government announced a compensation package of $280 million for Bhopal victims, about $22,000 for each of the families of the deceased according to the BBC, and seven former Indian managers of the Bhopal plant were given two year jail sentences for their part in the explosion. These legal developments are a mockery of justice for one of the world’s greatest disasters.

We call on the people of the US and the people of India to join together to demand our governments respect the human rights of all people, no matter where they live.

Together we must bring about change in corporate development. We have to emphasize social production for the needs of people and improved social relations.

If we continue to value some lives more than others, and to allow corporations to spoil some areas with impunity, our world will not last.

Unless we respect the human rights of all people and demand corporations do that as well, we will be damned to live out the Cree Indian prophecy “Only when the last tree from this earth has been cut down, only when the last river has been poisoned, only when the last fish has been caught, only then will humankind learn that money cannot be eaten.”

Bill is the Legal Director of the Center for Constitutional Rights and a law professor at Loyola University New Orleans. You can reach Bill at quigley77@gmail.com  Alex directs Praxis, a human rights organization in Banglore India. You can reach Alex at alextuscano@gmail.com

© 2010 Copyright Bill Quigley and Alex Tuscano - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in