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17 votes
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US President Joe Biden: Don't give Wall Street control of our public water systems
New advisory report pushes disastrous privatization schemes Link to the article This week, President Biden’s National Infrastructure Advisory Council issued a report recommending the privatization...
New advisory report pushes disastrous privatization schemes
This week, President Biden’s National Infrastructure Advisory Council issued a report recommending the privatization of the nation’s water systems.
The chair of the advisory council is the CEO of Global Infrastructure Partners, an infrastructure investment bank with an estimated $100 billion in assets under management that targets energy, transportation, digital and water infrastructure.
The report recommends, among other things, that the federal government “[r]emove barriers to privatization, concessions, and other nontraditional models of funding community water systems,” and open up all federal grant programs to support privatized utilities.
Food & Water Watch Public Water for All Campaign Director Mary Grant issued the following response:
Water privatization is a terrible idea. President Biden should have never appointed an investment banker to chair an advisory council for the nation’s infrastructure. Wall Street wants to take control of the nation’s public water systems to wring profits from communities that are already struggling with unaffordable water bills and toxic water.
Privatization would deepen the nation’s water crises, leading to higher water bills and less accountable and transparent services. Privately owned water systems charge 59 percent more than local government systems, and private ownership is the single largest factor associated with higher water bills — more than aging infrastructure or drought.
Instead of relying on Wall Street advisers, President Biden should support policies that will truly help communities by asking Congress to pass the Water Affordability, Transparency, Equity and Reliability (WATER) Act (HR 1729, S 938). After decades of federal austerity for water, the Bipartisan Infrastructure Law was a step forward, but it provided only about seven percent of the identified needs of our water systems. The WATER Act would fully restore the federal commitment to safe water by providing a permanent source of federal funding at the level that our water and wastewater systems need to ensure safe, clean and affordable public water for all.
Certain resources/commodities/services like water, food, electricity and health should remain in public domain. I don't understand the askance that is associated with this view.
Once these fall to the profiteering domain, we will be sucked dry and forced to accept abnormal standards as normal to gain access to these which in first place should be in public domain protected in public interest by public representatives.
These resources will be and are used by IMF and sister organisations that are usually called "banks" as leverage to get their debts serviced or sold as AAA+ securities.
They tried that with real estate but that burst since a physical house doesn't just disappear which leads to emergence of derelict patches within the estates. This would certainly destroy the demand and the dead estate would translate into toxic securities by just being there and not disappearing. Similarly things that are too volatile will also not be accepted as essential by the public as was the case with electronics/net. So that's not worth it.
But what if the resource or commodity is essential, which means it has sustained demand, as well as it is volatile enough which means it vanishes after its monetary utility. Now that's "gold". Theoretically its value will not only be retained but it may even increase with no downside. Perpetual profitability.
55 votes -
Feeding a Greek Hoplite - Ancient rations
21 votes -
Experiences with extended fasting
Recently I've been reading about the benefits of doing an extended water fast. There are apparently benefits when it comes to entering autophagy for cell repair, as well as increases in stem cell...
Recently I've been reading about the benefits of doing an extended water fast. There are apparently benefits when it comes to entering autophagy for cell repair, as well as increases in stem cell production in the a couple of parts of the body. I believe there is also some data to suggest that it increases sensitivity to insulin and does some lasting things to ghrelin and leptin levels. Many people also report clearer thinking, feelings of euphoria, and increased levels of focus after the first day of fasting.
After reading these benefits I decided to try a 72 hour water fast. Unfortunately, I did not feel almost any of the acute effects that were described in most all places that fasting is discussed. For both of the nights that I was fasted I woke up slowly and felt lethargic for a couple hours after waking. I had fairly severe brain fog throughout most of the second and third days. I was drinking electrolyte water, as is suggested (trying to hit 3g sudium/potassium and taking 250mg magnesium supplement/day), but when I drank that at a rate where I would be able to get all of the electrolytes in throughout the day I would have GI distress. I was only able to stomach about 1-2g of sodium/potassium per day
There were times where I felt the focus/energy that was described by other posters online, but it always came with an asterisk. I felt as though I was slightly detached from myself? Almost as through I was sitting inside my own mind/body and driving it as a third party. I will say that after the 18 hour mark I only felt hungry a couple of times. I did have a lot of thoughts about food, but those came from being very introspective about the fact that I was fasting more than anything else.
I want to believe that I did something wrong and thats the reason that I was not able to get the experience that it seems most others do; I would be willing to give it a second shot, but I want to try and figure out what could be improved.
Has anyone else here tried a 3+ day extended fast? What were your experiences?
11 votes -
Arizona farmers grew Saudi Arabia's agriculture empire. Now, the monarchy has a chunk of the state's water.
8 votes -
Water conservation just got REAL. (or JUST got real?)
5 votes -
Lowville had lots of water. Then string cheese came to town.
7 votes