The many invisible parties funding and standing to benefit from the pipeline construction may surprise you. Or not. It’s the BANKSTERS!
How many of them are we supporting, and could we remove our support? United, it would be a peaceful way to facilitate cutting off the head of the snake.
Unfortunately much damage has already been done. Irreversible damage to First Nations sacred burial grounds, yet still the “protectors” are unarmed and stand strong after months of protests and demonstrations.
The Battle of Standing Rock is historic—and it’s not yet over, although we’ve had encouraging news these past few days. May we see a peaceful resolution. Those arrested, injured, or inconvenienced in any way by the pipeline contractors, security, police, et al should be compensated heavily, in my opinion.
…it’s the company, not the activists, that’s guilty of violence. This weekend, security sprayed activists with mace and released guard dogs into the crowd – even a pregnant woman was bitten by a dog. Democracy Now! captured disturbing footage of the attack.
In the aftermath of such violence, we can’t lose sight of how remarkable this gathering is: in a historic show of unity, over 188 Canadian First Nations and American Indian tribes have come together to support the Standing Rock Sioux’s effort to stop the pipeline.
Thanks, A, for sharing this revealing article. ~ BP
Who’s Banking on the Dakota Access Pipeline?
The Standing Rock Sioux are inspiring the world with their resistance against the pipeline. But it’s not just Big Oil and Gas that they’re opposing.
When the Army Corps of Engineers issued a permit for the 1,100-mile Dakota Access Pipeline in July, executives at the corporations behind the plan probably thought their path forward was clear. They’d moved easily through the permit process, seemingly dodging the concerns of people affected by the pipeline, and were ready to go ahead with construction.
But the communities in the pipeline’s path, especially local tribes, had other ideas. Thousands of people, mostly Native Americans, have converged at the Standing Rock Sioux Reservation in North Dakota in an effort to stop the pipeline from being built. The Standing Rock Sioux call the pipeline a black snake, and they know that if it were to rupture and spill — a serious risk, given the well-documented history of pipeline leaks in the U.S. — it could poison their drinking water and pollute their sacred land.
As we will detail, the Standing Rock Sioux are not just up against the oil and gas industry and the federal government, as daunting a challenge that alone would be. They are up against the many of the most powerful financial and corporate interests on Wall Street, the profit-driven institutions that are bankrolling this pipeline plan and so many others like it throughout the country.
The pipeline company disrupted the peaceful demonstration this weekend when its security firm unleashed violence on the activists, attacking them with dogs and pepper spray. The tribes are standing strong in their unity, and won’t give up despite these frightening and horrifying developments.
Corporate Interests Bankrolling the Pipeline
Powerful oil and gas companies are taking appalling steps to override the Sioux’s objections, using their immense financial resources to push for building this pipeline, which will further line their pockets. But behind the companies building the pipeline is a set of even more powerful Wall Street corporations that might give you flashbacks to the 2007 financial crisis.
Here are the financial institutions banking on the Dakota Access pipeline:
See the website for the astonishing chart of partners in this destructive project…