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ProSense

(116,464 posts)
Mon Jul 1, 2013, 07:35 PM Jul 2013

Obama First POTUS in History to Publicly Support Divestment Movement

Obama First POTUS in History to Publicly Support Divestment Movement

by ericlewis0

From Common Dreams:

Twice in the last five days, President Barack Obama referred to divestment -- the controversial strategy to bring about social change by pressuring corporations to behave more responsibly.

On Tuesday, Obama mentioned divestment during a major speech at Georgetown University outlining his plan to address climate change. And on Thursday, at a press conference in Senegal, Obama recalled his involvement during college in the anti-apartheid movement, which relied heavily on divestment to push companies to boycott South Africa until it dismantled its racist system.

...

"I'm here to enlist your generation's help in keeping the United States of America a global leader in the fight against climate change," Obama told the Georgetown students, announcing his proposal to cut pollution from power plants, expand renewable energy development on public lands, and support climate-resilient investments. Noting that big corporations will resist calls to reduce their unhealthy practices, Obama urged the students to "Convince those in power to reduce our carbon pollution. Push your own communities to adopt smarter practices. Invest. Divest. Remind folks there's no contradiction between a sound environment and strong economic growth."

http://www.commondreams.org/view/2013/06/30-1

The article describes how President Obama's first foray into political activism was when he was a 19-year old student at Occidental College, and got involved in the anti-apartheid movement. This was the early '80's. You may remember back then, the movement was pressuring universities and other large organizations to divest from South African investments as a way to end apartheid.

Today, the President is recommending divestment as a way to wean the world off of its addiction to fossil fuels. I think it just might work. I also give high praise and thanks to Obama for supporting this tactic.

Bill McKibben, the founder of 350.org (and a fellow Kosack), also dug it. Right after POTUS' Georgetown speech, he tweeted:

Um, haven't seen the transcript but Obama sure seemed to give a shout out to divestment. Yikes.

http://www.dailykos.com/story/2013/07/01/1220438/-Obama-First-POTUS-in-History-to-Publicly-Support-Divestment-Movement


14 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Obama First POTUS in History to Publicly Support Divestment Movement (Original Post) ProSense Jul 2013 OP
Kick & Recommend Pirate Smile Jul 2013 #1
Good to see! Cha Jul 2013 #2
The United Church of Christ just moved to divest ProSense Jul 2013 #3
Message auto-removed Name removed Jul 2013 #4
Now that's encouraging, and pretty cool hatrack Jul 2013 #5
What is the "divestment movement"? Jamaal510 Jul 2013 #6
Of course he does. newthinking Jul 2013 #7
Kick! n/t ProSense Jul 2013 #8
and yet he pushes the TPP cali Jul 2013 #9
So you took her off ignore to hijack her OP? great white snark Jul 2013 #10
what? first of all, I'm happy to say that people here cali Jul 2013 #12
Somehow ProSense Jul 2013 #14
K&R great white snark Jul 2013 #11
That's why I voted for Paul Revere's thumbdrive ucrdem Jul 2013 #13

ProSense

(116,464 posts)
3. The United Church of Christ just moved to divest
Mon Jul 1, 2013, 08:56 PM
Jul 2013
The United Church of Christ just moved to divest

Bill McKibben ✔ @billmckibben

Just got news that the United Church of Christ has voted to divest from fossil fuels. This is incredibly important news
6:57 PM - 1 Jul 2013

110 Retweets 45 favorites

http://www.dailykos.com/comments/1220438/50611064#c7


Response to ProSense (Original post)

newthinking

(3,982 posts)
7. Of course he does.
Tue Jul 2, 2013, 02:01 AM
Jul 2013

While progressives have been able to use divestment for some high profile issues, it is just another component of "free market" theory.

"The market will regulate itself"

 

cali

(114,904 posts)
9. and yet he pushes the TPP
Tue Jul 2, 2013, 04:49 PM
Jul 2013

which as leaks show, will be damaging to the environment.

http://www.citizen.org/documents/TPP-and-the-environment.pdf

But what can you expect when the administration does this:

<snip>

Already, the administration has kept congressional input on TPP to a minimum — more precisely, at zero — by excluding from deliberations everyone except the roughly 600 trade “advisers” from big businesses the pact would directly affect.

<snip>

http://articles.washingtonpost.com/2013-06-04/opinions/39739248_1_tpp-obama-administration-wto-s

This administration is enabling corporations running rough shod over us via the TPP.


Now you can respond to this with all the little emoticons in the world, but it won't change the facts.

(yep, took you off ignore)

great white snark

(2,646 posts)
10. So you took her off ignore to hijack her OP?
Tue Jul 2, 2013, 05:04 PM
Jul 2013

Sorry your own TPP "GOTCHA" Op sank like a rock but why, other than bitterness, interject it here? Obama still supports the divestment movement.

 

cali

(114,904 posts)
12. what? first of all, I'm happy to say that people here
Tue Jul 2, 2013, 05:12 PM
Jul 2013

have responded to my threads about TPP.

My post has nothing to do with bitterness, dear projector, it has to do with President Obama and the policies he promotes re corporations- just as the op has to do with that. Supporting the divestment movement sounds good but it has to be put in context. I


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