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The Saker
A bird's eye view of the vineyard

offsite link Alternative Copy of thesaker.is site is available Thu May 25, 2023 14:38 | Ice-Saker-V6bKu3nz
Alternative site: https://thesaker.si/saker-a... Site was created using the downloads provided Regards Herb

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Dear friends As I have previously announced, we are now “freezing” the blog.? We are also making archives of the blog available for free download in various formats (see below).?

offsite link What do you make of the Russia and China Partnership? Tue Feb 28, 2023 16:26 | The Saker
by Mr. Allen for the Saker blog Over the last few years, we hear leaders from both Russia and China pronouncing that they have formed a relationship where there are

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Public Inquiry
Interested in maladministration. Estd. 2005

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Public Inquiry >>

Human Rights in Ireland
Promoting Human Rights in Ireland

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Lockdown Skeptics

The Daily Sceptic

offsite link News Round-Up Sun Jan 19, 2025 01:06 | Will Jones
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the ?climate emergency?, public health ?crises? and the supposed moral defects of Western civilisation.
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offsite link The Proof That Lockdown Critics Were ?Debanked? Because of Their Views Sat Jan 18, 2025 19:00 | Toby Young
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offsite link Attorney General Fought Home Office to Help Migrants Stay in U.K. Sat Jan 18, 2025 17:00 | Will Jones
Keir Starmer's Attorney General Lord Hermer fought the Home Office in the courts to try to help migrants stay in the U.K. The Lefty lawyers are in charge now, and don't we know it.
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offsite link SNP Takes Teachers Out of School for ?Racial Microaggression? Training Sat Jan 18, 2025 15:00 | Will Jones
An SNP training programme allows teachers to take the equivalent of?three days out from the classroom?to learn how to "decode racial microaggressions".
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offsite link Asda Backs Farmers Over Inheritance Tax in Blow to Starmer Sat Jan 18, 2025 13:00 | Will Jones
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The post Asda Backs Farmers Over Inheritance Tax in Blow to Starmer appeared first on The Daily Sceptic.

Lockdown Skeptics >>

where does your money go?

category national | consumer issues | opinion/analysis author Tuesday March 06, 2007 16:17author by useless eater Report this post to the editors

Most readers and contributors to Indymedia, I presume, would be against the arms trade and money going towards 'third-world' exploitation, deforestation, or animal testing for eg., yet every one of us contributes to these decidely unethical practices.

The reason is of course, that most people have bank accounts, if not pensions or investments. Our money doesn't just fester in bank vaults - it is invested and reinvested to get the maximum return (which frequently means nasty investments).

Hence the need for SRI or Socially Responsible Investing, which many believe started with the Quakers in the 18th c. when it was decided at the Society of Friends' annual meeting to prohibit members from buying or selling in humans. John Wesley, founder of the Methodist Church outlined some basic aspects of SRI incl. not to harm your neighbour through business practices and to avoid industries like tanning and chemical production that pollute rivers.

Nowadays, people associate ethical/ socially responsible investments with: equal opportunities, animal welfare, organic/fair trade producers, public transport etc. No nos include land/ human rights abuse, oil companies, pesticides, gambling, water pollution etc.
Despite such 'Ethical Investment Banks' becoming increasingly popular overseas, the nearest thing we have is the Credit Union (which is good in some respects but doesn't go far enough) As far as I know, not much account is taken of how ethically money can be invested (apart from some community development projects)

There are of course differing standards of what constitutes 'Socially Responsible Investing' and some so called 'ethical investments' are questionable, but such banks are no doubt a step in the right direction.

So start lobbying! Go to your next Credit Union AGM (usually December I think) and bring up this issue.
Write to your bank and ask them where they stand on ethical investing (for sure no large bank in IRL has even considered it!)

Related Link: http://www.wikipidea.org/wiki/socially_responsible_investing
author by Catladypublication date Wed Mar 07, 2007 18:17author address author phone Report this post to the editors

...for bringing this up. It is an important issue, and one that most banks would like to keep quiet. Incidentally, pressure put on banks in recent years has actually pressured them into making more ethical choices about where they invest.

 
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