Ecuador Amazon Problem


Many readers sent me an article from Agora Financial entitled “The Chevron Witch Trial: The Changing Face of Resource Nationalism” about the Ecuador Amazon problem and the ensuing Chevron lawsuit.

See why these Ecuador export tour delegates are creating earning potential and doing some environmental good.

ecuador-flower-exports

Many readers sent me notes similar to this: Gary, I wondered if you’d seen this and were familiar with the case, given your knowledge of and interest in Ecuador?  It sounds pretty scary and doesn’t reflect well on Ecuadorian justice and its authorities, if it’s true. You might want to comment in one of your messages as I assume other of your readers have also seen this matter reported. Regards

The recent article seemed to blame the Ecuadorian government for the problem and has some good points.

Here is a portion of that article:

Ecuador-legal-system

As mentioned the article had some valid points.

However…

We are very familiar with this story which is very, very old news going back into the 1970s.

We have lived with the Amazonians and spent quite a lot of time with the shamans there. Here I am with a Sierra Sion healer.

In fact we built a camp to help a small community of Amazonians who wanted tourism rather than oil revenues to support them.  We lost the entire investment when the FARC invaded that area.   Learn more about our Amazon trips and the Amazon village.

So I see the plight of the Amazonians as well.

I drive a car fueled with gas. I heat my home with electricity and use electricity that may come from diesel fueled generators and buy products delivered from abroad brought to me on ships propelled by their fossil fueled oil bunkers.

So there are two sides to this story.   Quite correctly the emails I have received are, half from this type of article and half from the environmentalists and humanitarians who say Chevron has cheated the poor natives of the Amazon.

See information on the other side from Amnesty International entitled Chevron (CVX) in the Amazon  Oil Rights or Human Rights? Texaco’s legacy, Chevron’s responsibility

Newsweek wrote a good article about this Amazon lawsuit over a year ago that has a balanced view.

If you Google the phrase “amazon chevron lawsuit” you’ll see dozens of articles about this… looking at both sides of the picture.

Plus there are many who argue that this has nothing to do with Chevron or Ecuador but the US legal system that encourages attorneys to file lawsuits like this.

One article “The Chevron Ecuador Lawsuit: It’s all about the Indigenous Peoples of the Amazon Basin says:  Sure it is. The 48 so-called plaintiffs or the 30,000 indigenous people we hear so much about in the media aren’t the financial beneficiaries in the law suit. The money goes to the Amazon Defense Coalition (ADC) and the law firm of Kohn, Swift & Graft.

So who is the culprit… the oil companies?  The Ecuador government?  The lawyers or we the people who use fossil fuels?

Our hearts personally go out to the poor people of the Amazon who are slowly being destroyed by civilization.

Yet we see the business view and we do like a warm home and to travel by car.

Plus if it were not for resource exploration and extraction many, many more people would be poor.

Yes, business does exploit.

There is a similar tales of bad exploitation in the part of Ecuador where we live, not with Chevron but with Ascendant Copper Company.

And another with Mitsubishi Mining.

This is because we the consumer buy their product.

Now another dilemma has bubbled up… with pharmaceuticals.

An October 17 Associated press article “Ecuador’s Correa plans to bypass drug patents” says:  President Rafael Correa says he is preparing to override a host of drug patents to provide lower-priced generic medications in Ecuador.  Correa says Ecuador will seek “compulsory licenses” from companies to produce medications considered indispensable.  Under World Trade Organization rules, countries can issue “compulsory licenses” to disregard patent rights, but only after negotiating with the patent owners and paying adequate compensation. Governments can skip the negotiating by declaring a public health emergency.  Correa says access to medicine is a human right and his decision is motivated by “the philosophy of 21st century socialism.”

When I recently noticed this I was really pretty happy to see this.

Merri and  do not use pharmaceuticals ourselves but recognize the importance they play in many people’s lives.  I consider a lot pf pharmaceutical marketing one of the biggest con games in this generation… makes Madoff pale in comparison.

It is hard for me to have sympathy for this industry as I believe that many pharmaceuticals are bilking the US public.

Already many of our readers come to Ecuador to get their prescriptions at a quarter the US cost.  This hopefully will allow this to continue or do even more.

However…

Where does it end?  If patent law loses its validity what incentive will anyone have to risk investing in new inventions and ideas?

So what can we… the little guy do?

There is not much we can do…  but if we all take some small steps, these rivulets become streams that can turn into torrents that do create change.

In Merri’s and my case, we created a small foundation Land of the Sun (LOTS) to help the environment and the poor of Ecuador.   The foundation rejuvenated the hotel Meson de las Flores which now provides a nice number of jobs at above average wages.  Our 2009 project was helping the Village of Topo above Cotacachi with its infrastructure, school and water system.  Also, LOTS sends a dozen children to school and university in our area…including the first university student from Topo.  In the past, we brought water to indigenous villages and an 80,000 gallon reservoir, schools, reforested 250,000 trees and etc….all off the Avenue of the Volcanoes.

LOTS promotes Ecuador flowers… those grown in green plantations certified by Veriflora.

We promote the ideas of having an internet business that sells exports from Ecuador to help stimulate the Ecuador economy… and to help North Americans who find they need new avenues of income.

Here are delegates at our most recent Ecuador export tour…

ecuador-flower-exports

learning…

ecuador-flower-exports

how to conduct…

ecuador-flower-exports

an Ecuador flower party.

In another way we were early advocates of green investing in the mid 2000s through our Spottingtrends.com site and mutilicurrencyinvesting.com where we launched our Green Portfolio Study in 2006.

This is one reason why we focus on green investing and business ideas.
See http://www.garyascott.com/2008/04/01/2064.html

Here perhaps is the most important message.  Self interest is nature’s way of making sure every sentient being remains alive.  Only we human’s  have an imagination to understand the risks of ungoverned expansion.   All other life forms, given the chance will grow themselves out of existence.

Due to the conflict of our vision and this natural self serving impulse, we know that consumers will tend buy what seems most comfortable to them in the short term.

We know that big business will often take advantage of this fact and exploit, without conscious, resources to serve this impulse.

This conflict creates huge problems.  Huge problems create great opportunity… so look for small ways you can serve yourself now and help the future.

Let the big guys fiddle around with their battles while we each do the best we can… trying to make positive environmental and humanitarian statements and changes through the way we live enjoying earning, investing and living in the sun each day.

Gary

Nov. 9-10 Imbabura Real Estate Tour

Nov. 11-14 Ecuador Coastal Real Estate Tour

December 6-8 Blaine Watson’s  Beyond Logic & Shamanic Tour

December 9-10 Imbabura Real Estate Tour

December 11-13 Ecuador Coastal Real Estate Tour

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Here is another Ecuador export delegate at Hilana. Learn about and see more Hilana export products below.

Internet-export-idea



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