HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » suffragette » Journal
Page: 1

suffragette

Profile Information

Gender: Female
Hometown: Seattle, WA
Member since: Mon Dec 13, 2004, 02:55 AM
Number of posts: 12,232

Journal Archives

Conservatives in Canada have been pushing for pipelines on west coast.

Environmentalists, western First Nations and BC liberals have been fighting, with protests and now with lawsuits.

Here's a link with several articles about Enbridge Northern Gateway pipeline plans and protests:
http://www.huffingtonpost.ca/news/enbridge-northern-gateway-pipeline/

Here's some info from an article about the expansion of the Kinder Morgan pipeline:

http://www.vancouverobserver.com/news/former-bc-hydro-ceo-calls-neb-industry-captured-pulls-out-kinder-morgan-hearings
"In my view the NEB hearing process is a rigged game," Eliesen told The Vancouver Observer by the phone. "In the past, there was a more objective evaluation of projects that would come forward...but it's reached a stage where the NEB is not interested in the public interest, and more interested in facilitating the infrastructure for the oil and gas industry."

Eliesen criticized numerous aspects of the NEB's hearing for Kinder Morgan's Trans Mountain pipeline expansion. The Texas-based pipeline giant is applying to expand its existing 60-year-old Trans Mountain pipeline to carry 890,000 barrels of diluted bitumen from Edmonton, Alberta to Burnaby, B.C.

The controversial application has been opposed by both city councils of Burnaby and Vancouver, as well as some citizen groups, due in part to a six-fold increase of oil tankers in the Burrard Inlet that the pipeline expansion will bring.

Eliesen said he was "dismayed" to see that that the NEB has dropped oral cross-examination of proponents, which he said was a "critical" part of oil pipeline hearings in previous years. He also questioned why Kinder Morgan was not required to respond to 2,000 questions submitted by Intervenors, with the NEB rejecting 95 per cent of the queries.



This is a cross border issue:

http://indiancountrytodaymedianetwork.com/2014/10/27/coast-salish-unite-against-tripling-capacity-kinder-morgan-tar-sands-pipeline-157543
Their nearly 60,000 people have lived along the coasts of Oregon and Washington State, and in British Columbia, Canada for more than 10,000 years. They are united by language, culture and the Salish Sea.

And now, in addition, they are united in their opposition to oil giant Kinder Morgan’s proposed $5.4 billion expansion of its existing Trans Mountain tar sands oil pipeline, which links the Alberta oil sands fields to a shipping terminal in Burnaby, near Vancouver, B.C. The new pipeline would nearly triple the capacity of the existing pipeline from 300,000 barrels per day to 890,000, increasing by sevenfold the number of tankers carrying diluted tar sands bitumen through the Salish Sea in Washington and Canada.
~~~
At the proposed coal terminal at the Puget Sound’s Cherry Point site, where herring populations have plummeted, local herring experts associated ship traffic, and the threat of invasive species tagging along with the shipping vessels as risks to the fish, Sightline Daily reported last year.

Approving the pipeline would mean a massive increase in tanker loadings that would put tribal fishers at risk, “not to mention drastically increase the chance of a catastrophic oil spill,” said Glen Gobin, a member of the Tulalip board of directors, to the NEB panel.



I'm in Seattle and the pressure to increase coal trains here is an important issue. I've posted a bit about it before. Here's one from this summer:

http://www.democraticunderground.com/?com=view_post&forum=1002&pid=3208567

"Banks Can’t Get Away With Horrible Mortgage Practices Anymore, So Now They’re Doing It With Car

Loans"

http://consumerist.com/2014/07/21/banks-cant-get-away-with-horrible-mortgage-practices-anymore-so-now-theyre-doing-it-with-car-loans/

Subprime loans: they aren’t just for mortgages anymore. The next big bubble of ill-advised loans to borrowers who can’t pay is coming due. This time, it’s used car dealers reaping the interest and repossessing the cars.
The New York Times reports that subprime auto loans have risen over 130% in the five years since the big financial crisis hit in 2008. Over a quarter of all new auto loans issued in 2013 went to lower-credit borrowers.
The wave of questionable lending is being driven by exactly the same thing that drove the mortgage bubble, according to the NYT: Wall Street firms making a buck on trading packages of bundled loans. These complex bonds then increase the demand (from insurance companies, mutual funds, and financial companies, not from consumers) for more loans, triggering a big cycle.
The subprime loans, meanwhile, come with sky-high interest rates — up to 23%, reports the NYT. They add, “The loans were typically at least twice the size of the value of the used cars purchased, including dozens of battered vehicles with mechanical defects hidden from borrowers.”


Your post is so on point. This is tied to the latest Wall Street plundering. And it's a double hit, since many of the same people who were devastated by the early 2000's Wall Street financial debacle had their credit ratings impacted, so now are being hit by this as well. In the meantime, the same people and their buddies are still cashing on on others' misery.

And similar practices are extending into other arenas- see my post at #216 for more on that.

Looks like similar tech use is spreading - $$$ prioritized over privacy, safety and dignity

http://www.npr.org/blogs/alltechconsidered/2014/10/16/356693782/your-car-wont-start-did-you-make-the-loan-payment


Other auto repossession technologies have raised data security concerns. In March, The Boston Globe reported that Texas-based company Digital Recognition Network installs automated readers in "spotter cars" around the country that capture images of every license plate they pass. Each picture is sent, along with the time and GPS location at which it was taken, to a database that already contains more than 1.8 billion scans.

Law enforcement has used this technique for decades, but not without its own problems. Boston police suspended their license plate scanning efforts in December 2013 in the wake of news that data on more than 69,000 license plates had been accidentally released.

Subprime borrowers have also been subjected to tracking when purchasing other products with a loan, such as personal computers. In 2012, the Federal Trade Commission charged that several rent-to-own companies had spied on consumers by remotely taking screen shots, tracking computer keystrokes and taking webcam pictures, all without consent. The software, licensed by DesignerWare, also enabled the stores to disable the computer if the renter was late on payment.

Apartments might be another area where technology will begin to play a role when consumers are behind on payments, according to Rotenberg. Electronic lock systems are beginning to be used, and renters could be remotely or automatically locked out of their apartment if they are behind on rent.



Very disturbing!

The companies say it doesn't work when car's running. Yet one paid a "confidential settlement" to

Make a case go away.

http://dealbook.nytimes.com/2014/09/24/miss-a-payment-good-luck-moving-that-car/

Last year, Nevada’s Legislature heard testimony from T. Candice Smith, 31, who said she thought she was going to die when her car suddenly shut down, sending her careening across a three-lane Las Vegas highway.
~~~
“PassTime has no recognition of our devices shutting off a customer while driving,” Ms. Kirkendall of PassTime said.

In her testimony, Ms. Smith, who reached a confidential settlement with C.A.G., said the device made her feel helpless.



All the companies also say they only do this when payments are missed, yet the same article notes that one person had her car turned off four times even though she had met payments each time. In her case, luckily, her car was not on the road, but one of those times was when she needed to take her daughter to the hospital.


Of course, the last thing these companies want is for any of this to be regulated in any meaningful way.
Go to Page: 1