Saturday, October 18, 2014

Ex Im Bank Finances Terror

Terrified, villagers have backed off and accepted relocation after an activist disappeared pursuant to an Ex Im Bank financed overseas boondoggle.
Sudarshan Rajak disappeared under suspicious circumstances after protesting the relocation of families for Reliance Power's 4,000-megawatt Sasan coal project in Singrauli, India. Some of his neighbors believe he was in his house when it wasbulldozed by Reliance. Krishna Das Saha's home was destroyed in the middle of the night -- while his family was still living in it -- to make way for Sasan's coal ash pond. And when Sati Prasad challenged Reliance's refusal to hire local workers, he was dragged out of his home and beaten by the police.
These are just a few people who have met violence and intimidation at the hands of Reliance Power. This aggression is subsidized U.S. tax dollars in the form of over $900 million in financing from the U.S. Export-Import Bank (Ex-Im). Indian groups have documented these and other abuses in Sasan Ultra Mega Power Project, Singrauli, Madhya Pradesh: A Brief Report.
This is nothing new.  The ExIm Bank got its start financing the Soviet regime, and the deaths and disappearances pursuant to those loans are uncountable.

History: EIBW established under DC charter by EO 6581, February 2, 1934, to assist in financing U.S. trade with the Soviet Union.

Today the employees of the ExImbank try to hide their past and present activity, but hey, it's capitalism, so it is all good.  Republicans have come up with a plan to keep it going for another five years.

Feel free to forward this by email to three of your friends.


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