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Current Topic: Society

Baby Eating Party - at least they're up front!
Topic: Society 2:55 pm EST, Dec  6, 2002

December 3, 2002
FOR IMMEDIATE RELEASE
Contact: mailto:press@dow-chemical.com

DOW ADDRESSES BHOPAL OUTRAGE, EXPLAINS POSITION
Company responds to activist concerns with concrete action points

In response to growing public outrage over its handling of the Bhopal
disaster's legacy, Dow Chemical (http://www.dow-chemical.com) has
issued a statement explaining why it is unable to more actively
address the problem.

"We are being portrayed as a heartless giant which doesn't care about
the 20,000 lives lost due to Bhopal over the years," said Dow
President and CEO Michael D. Parker. "But this just isn't true. Many
individuals within Dow feel tremendous sorrow about the Bhopal
disaster, and many individuals within Dow would like the corporation
to admit its responsibility, so that the public can then decide on the
best course of action, as is appropriate in any democracy.

"Unfortunately, we have responsibilities to our shareholders and our
industry colleagues that make action on Bhopal impossible. And being
clear about this has been a very big step."

On December 3, 1984, Union Carbide--now part of Dow--accidentally
killed 5,000 residents of Bhopal, India, when its pesticide plant
sprung a leak. It abandoned the plant without cleaning it up, and
since then, an estimated 15,000 more people have died from
complications, most resulting from chemicals released into the
groundwater.

Although legal investigations have consistently pinpointed Union
Carbide as culprit, both Union Carbide and Dow have had to publicly
deny these findings. After the accident, Union Carbide compensated
victims' families between US$300 and US$500 per victim.

"We understand the anger and hurt," said Dow Spokesperson Bob Questra.
"But Dow does not and cannot acknowledge responsibility. If we did,
not only would we be required to expend many billions of dollars on
cleanup and compensation--much worse, the public could then point to
Dow as a precedent in other big cases. 'They took responsibility; why
can't you?' Amoco, BP, Shell, and Exxon all have ongoing problems that
would just get much worse. We are unable to set this precedent for
ourselves and the industry, much as we would like to see the issue
resolved in a humane and satisfying way."

Shareholders reacted to the Dow statement with enthusiasm. "I'm happy
that Dow is being clear about its aims," said Panaline Boneril, who
owns 10,000 shares, "because Bhopal is a recurrent problem that's
clogging our value chain and ultimately keeping the share price from
expressing its full potential. Although a real solution is not
immediately possible because of Dow's commitments to the larger
industry issues, there is new hope in management's exceptional new
clarity on the maprime responsibilities are to the people who own Dow
shares, and to the industry as a whole. We simply cannot do anything
at this moment for the people of Bhopal."

Dow Chemical is a chemical products and services company devoted to
bringing its customers a wide range of chemicals. It furnishes
solutions for the agriculture, electronics, manufacturing, and oil and
gas industries, including well-known products like Styrofoam, DDT, and
Agent Orange, as well as lesser-known brands like Inspire, Retain,
Eliminator, Quash, and Woodstalk. For more on the Bhopal catastrophe,
please visit Dow at http://www.dow-chemical.com/.

# 30 #

To no longer receive mail from Dow, please write
mailto:offlist@dow-chemical.com?subject=thomasleavitt@myrealbox.com.

tter."

"It's a slow process," said Questra. "We must learn bit by bit to meet
this challenge head-on. For now, this means acknowledging that much as
it pains us, our

Baby Eating Party - at least they're up front!


Study: Marijuana May Not Lead to Hard Drugs
Topic: Society 5:52 pm EST, Dec  3, 2002

Yeah.
] "Casting doubt on a basic principle of U.S. anti-drug
] policies, an independent study concluded on Monday that
] marijuana use does not lead teenagers to experiment with
] hard drugs like heroin or cocaine.
]
] The study by the private, nonprofit RAND Drug Policy
] Research Center countered the theory that marijuana acts
] as a so-called gateway drug to more harmful narcotics, a
] key argument against legalizing pot in the United States.
]
] "

Study: Marijuana May Not Lead to Hard Drugs


The Sons Also Rise
Topic: Society 1:07 pm EST, Nov 25, 2002

Fuck horatio alger, get yourself a rich daddy.

The Sons Also Rise


The problem of suboptimization
Topic: Society 3:11 pm EST, Nov 12, 2002

Principa Cybernetica mathematically demonstrates why capitalism is doomed to fail. The pursuit of exclusive individual gain destroys the basis of wealth in the long run. If I may editorialize, and I may, greed is a shit-poor organizing principle for society, which would be obvious if it wasn't the air we breathe.

The problem of suboptimization


United Press International: Altruism, not panic, prevails in disasters
Topic: Society 4:18 pm EST, Nov  3, 2002

Altruism, human nature?

United Press International: Altruism, not panic, prevails in disasters


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