Clintons Linked to Labor Abuses Through Their Investment in an Ethanol Plant in Brazil
- added April 1, 2008
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- jsburman
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Former President Bill Clinton must have believed his investment in a booming Brazilian ethanol plant would help create green energy and might even put some green in his pocket. According to an article by Alan Clendenning in the Huffington Post, he may have entangled himself in a company that committed some rather ugly human right abuses.
"Clinton's connection," writes Clendenning, "is via an investment in Brenco by The Yucaipa Cos., a U.S.-based fund in which Clinton was a senior advisor until last year. His investment in Brenco is valued between $15,001 and $50,000, according to a financial dislosure report submitted last year by his wife, presidential candidate Hillary Rodham Clinton.
"Yucaipa, whose chairman is prominent Democratic billionaire Ron Burkle, holds an overall 2.8 percent stake in the initial $200 million raised by Brenco last year to start up operations in Brazil's booming ethanol sector....
"A team from Brazil's Labor Ministry found 'degrading' living conditions for 133 sugarcane workers ... At five sites inspected, workers 'complained they were suffering from hunger and cold, and all of the locations were overcrowded and with terrible sanitary conditions,' according to a statement issued Friday by Jaqueline Carrijo, who led the inspections last month.
"The target of the probe, Brazil Renewable Energy Co., known as Brenco, apologized over the weekend and said it is fixing the problems at its rural operations, which turn sugarcane into ethanol."
"Clinton's connection," writes Clendenning, "is via an investment in Brenco by The Yucaipa Cos., a U.S.-based fund in which Clinton was a senior advisor until last year. His investment in Brenco is valued between $15,001 and $50,000, according to a financial dislosure report submitted last year by his wife, presidential candidate Hillary Rodham Clinton.
"Yucaipa, whose chairman is prominent Democratic billionaire Ron Burkle, holds an overall 2.8 percent stake in the initial $200 million raised by Brenco last year to start up operations in Brazil's booming ethanol sector....
"A team from Brazil's Labor Ministry found 'degrading' living conditions for 133 sugarcane workers ... At five sites inspected, workers 'complained they were suffering from hunger and cold, and all of the locations were overcrowded and with terrible sanitary conditions,' according to a statement issued Friday by Jaqueline Carrijo, who led the inspections last month.
"The target of the probe, Brazil Renewable Energy Co., known as Brenco, apologized over the weekend and said it is fixing the problems at its rural operations, which turn sugarcane into ethanol."
2 responses // Clintons Linked to Labor Abuses Through Their Investment in an Ethanol Plant in Brazil
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Hillary's campaign is 81/2 million in red , Bill just need's to help out his wife with some quick cash.
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<a href=" http://thiscanadian.typepad.com/this_canadian/2008/03/c...'s Scorched Earth extortion & the Judgement of Solomon</a>
NAFTA & the <a href=" http://www.canadians.org/integratethis/">Securi... & Prosperity Partnership</a> is all about propaganda & convincing THE PEOPLES of the Americas (you know, the AMERICAS outside the limited borders of the United States) that "<i>security & prosperity</i>" is a '<i>zero-sum game</i>' fallacy.
<a href=" http://thiscanadian.typepad.com/this_canadian/2008/03/t..."<i>corruption is why we win</i>" : "<i>there is no WE in corruption"</i></a>
<B>how does the US **comply with their negotiated trade agreements**??
just ask Canada... </b>
<a href=" http://video.google.com/url?docid=4027665000485576009&#... Americans don't want to know about American 'fair practise'...</a>
typical, freaking typical. Negotiate something to impoverish other nations, then Clinton jumps up & says, <i>"we need to RENEGOTIATE the unfair deals that we decided we could bend into illegal non-compliance, anyway... "</i>
freaking <a href=" http://video.google.com/url?docid=-79842182731899604�... American politics & corporate corruption</a>.
<B><a href=" http://thiscanadian.typepad.com/this_canadian/2008/03/c... Oaxaca: The Annexation of Mexico</a></b>
<B><a href=" http://thiscanadian.typepad.com/this_canadian/2008/02/u... uses Canada to broker uranium deal: <i>"Mr. Clinton & the Mexican Tycoon"</i></a></b>
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- BlueBerry_PickN
- 6 months ago
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