Call It What It Is, Class Warfare.

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Wikimedia. Click for full size.

Steve Rosenfeld has a good article up at Raw Story, about the insidiousness of the new, so-called healthcare plan. Definitely recommended, just a bit here:

It’s important to note what Republicans are not talking about. While their messaging is emphasizing premium increases under Obamacare and how the program’s insurance exchanges are suffering from lack of competition, the GOP is not discussing who is making undue profits in American health care. Nor are they discussing the simplest reform that would address the maladies they cite, allowing Obamacare states to create interstate pools where risk and costs could be shared among greater numbers of people and insurers.

While the politics of the Obamacare repeal effort are only beginning, what’s clear is its GOP sponsors are tinkering with the rules governing one-sixth of the economy in a manner that appears to be a giant transfer of wealth upward. These Republicans can talk about “free markets” and “individual choice” all they like, but there’s a better phrase for it: class warfare.

Republicans are poised to unleash a wave of health insecurity and economic hardship on poor, working- and middle-class Americans, as well as on the nation’s system of medical providers, public health institutions and social safety nets. On social insurance listservs and discussion forums Wednesday, there was a debate about what to call the GOP bill: The Deplorable Care Act? The Unaffordable Care Act? Trumpcare? The I Don’t Care Act? No matter what one chooses, this is class warfare and it will be painful.

If you aren’t rich, you’re going to find yourself getting poorer, and constantly caught between a rock and a hard place, none of which concerns the Regime in the least. All that matters to them is that the rich get richer, and the most basic of rights be reassigned to privileges available only to those who can pay for them. Go have a read!

“Why Should Men Pay For It?”

Rep. John Shimkus, R-Ill. questions Health and Human Services Secretary Kathleen Sebelius during a House Energy and Commerce Committee hearing on the implementation failures of the Affordable Care Act, Wednesday, Dec. 11, 2013, on Capitol Hill in Washington. CREDIT: AP Photo/Susan Walsh.

Rep. John Shimkus, R-Ill. questions Health and Human Services Secretary Kathleen Sebelius during a House Energy and Commerce Committee hearing on the implementation failures of the Affordable Care Act, Wednesday, Dec. 11, 2013, on Capitol Hill in Washington. CREDIT: AP Photo/Susan Walsh.

At a hearing markup on Wednesday, Rep. John Shimkus (R-IL) suggested that one reason Republicans object to Obamacare is that men have to pay for plans that cover maternity services, such as prenatal care.

The heated exchange happened during a lengthy markup session for the GOP’s Obamacare replacement bill in the House Energy and Commerce Committee. Shimkus was responding to a question from Rep. Michael Doyle (D-PA), who asked a different colleague which mandates in Obamacare he took issue with.

“What mandate in the Obamacare bill does he take issue with?” Doyle asked. “Certainly not with pre-existing conditions, or caps on benefits or letting your child stay on the policy until 26, so I’m curious what is it we’re mandating?”

“What about men having to purchase prenatal care?” Shimkus butted in. “Is that not correct? And should they?”

Here’s a thought, you dimwitted dipstick – men are involved with the process of pregnancy. If you’re truly deadset on not paying for prenatal care, then perhaps you should propose a healthy penis penalty – everyone who is using one has to pay into a healthcare fund for reproductive care, including parental leave. After all, if you’re not going to pay attention to where you’re shooting that tarse, and refuse to take responsibility, I don’t see why women should have to bear the full cost. While you’re at it, increase that penis penalty by another ten percent – this can go into a fund providing accessible and affordable contraception, something else that really cuts down on costs, but you manage to be against that one, too. Oh, let’s tack on another ten percent – it could go to opt in sexual education classes, for everyone!

The fact that prenatal care, which results in healthy women and infants, is an excellent preventative act, and it’s certainly much cheaper to practice than the catastrophic costs involved when there is no care, and things go very wrong, doesn’t seem to matter to republicans. The most obvious practicalities can’t seem to penetrate the density of their ignorance and entitlement.

You can read about the whole mess, in-depth, at Think Progress.

An Act of Malice.

Rep. Joe Kennedy III (D-MA) (Screen cap).

Rep. Joe Kennedy III (D-MA) (Screen cap).

Someone with sense, and a grasp of reality! I wish I could post about such incidences often, but right now, I’ll take whatever I can get.

Noting that Ryan called the House GOP health care plan an “act of mercy,” Kennedy noted that there’s nothing at all in the New Testament that would justify stripping health insurance from millions of people.

“With all due respect to our speaker, he and I must have read different Scripture,” said Kennedy. “The one I read calls on us to feed the hungry, to clothe the naked, to shelter the homeless, and to comfort the sick.”

The congressman then listed off all the ways that Trumpcare is far from merciful to the American people.

“There is is no mercy in a system that makes health care a luxury,” he said. “There is no mercy in a country that turns their back on those most in need of protection: the elderly, the poor, the sick, and the suffering. There is no mercy in a cold shoulder to the mentally ill… This is not an act of mercy — it is an act of malice.”

Looks like Joe inherited that silver Kennedy tongue. Here’s hoping it’s consistently put to good use. Via Raw Story, video at the link.

On the flip side of the coin, the Tiny Tyrant has come up with a cunning plan, a la Baldrick, for what to do if the new “healthcare” scam falls through: We’ll blame the Democrats! I have to wonder, really, if this wasn’t the intent the whole time – float a highly unpopular, unrealistic plan, let it go up in flames, allow ACA to collapse, and blame the democrats.

Washington (CNN) In an Oval Office meeting featuring leaders of conservative groups that already lining up against House Republicans’ plan to repeal and replace Obamacare, President Donald Trump revealed his plan in the event the GOP effort doesn’t succeed: Allow Obamacare to fail and let Democrats take the blame, sources at the gathering told CNN.

He also said:

The president insisted during the meeting that Trumpcare would be a big political winner, and he would sell it to the country by holding “stadium-sized” rallies for it.

There’s video at CNN, but be warned, it’s on annoying autoplay. Via Raw Story.

Also, the twitternet has erupted in mockery once again, over Mr. Tweet’s latest, in which he portrays the new health plan to be a beautiful picture.

Also see this:

House Republicans’ plan to repeal and replace Obamacare took its first step forward in Congress early Thursday morning, as the House Ways and Means Committee advanced the legislation at 4:30 a.m.

After nearly 18 hours of debate during which Democratic lawmakers tried to slow down the process, the committee voted 23–16 in favor of the bill.

Leaders of the Republican Party unveiled their plan to undo Obamacare on Monday evening. Now, they’re trying to fast-track the legislation through Congress despite considerable controversy surrounding the bill — which will leave millions more people uninsured, raise costs for low-income Americans, provide tax giveaways to insurance CEOs, and potentially trigger a death spiral in the individual insurance market.

The Danger of Being An Idiot.

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ABC News this week talked with North Carolina resident Martha Brawley, a 55-year-old woman who cast a ballot for the first time in her life for Donald Trump.

Emphasis mine. <Inarticulate Rage>.

“I voted for Trump hoping that he would change the insurance so I could get good health care,” she told ABC News. “I might as well have not voted.”

Brawley was particularly upset when she learned that, under Trumpcare, she would receive a paltry $3,500 tax credit to buy insurance. At the moment, she gets a federal subsidy of around $8,688 to buy insurance from Obamacare.

<Wanders off to scream and to try and not punch holes in walls>

And I’m supposed to have sympathy for these fucking idiots? No.

Via Raw Story.

Men, You Might Need A Pap Smear.

anal_pap_smearx750

No one likes the more invasive parts of a medical exam, but they are very important tools in preventing cancer and HIV. In this case, we’re talking Pap smears. Not just for women anymore. An anal Pap smear can be a crucial in both prevention and early detection. These are fairly new, so there aren’t set standards, and you might need to request one if you’re concerned. All gay and bi men who have anal sex should put this on their medical to do list, and so should women who engage in anal sex.

The main reason to get an anal Pap test is to determine if the human papillomavirus (HPV), a widespread sexually transmitted infection, has sparked anal cancer, pre-cancerous cell growth, or lesions on the tissue of the anus that make you more vulnerable to HIV and other STIs. Unlike HIV, which is transmitted through bodily fluids, HPV is spread through skin-to-skin contact, so using condoms is only partially successful in preventing transmission. HPV may be symptomless. Factors that increase the risk of anal cancer include multiple sex partners or use of drugs, alcohol, or tobacco. Being HIV-positive increases the risk of HPV infection and vice versa. According to the Cancer Network, 95 percent of HIV-positive men who have sex with men already have anal HPV, as do approximately 65 percent of HIV-negative gay and bisexual men. (Note: There is now a vaccine for HPV available.)

Standards aren’t yet well established, unfortunately, which probably means your general practitioner isn’t going to recommend you get one unless you specifically ask for it.

But there’s a growing number of physicians arguing Pap tests should be part of routine screenings for anyone who has anal sex. As with HIV, the receptive partners are at the greatest risk, but anal cancer is a rising cause of illness and death among all men who have sex with men, especially those who are HIV-positive. If a woman is having anal sex, she should also be getting a regular anal Pap.

The Advocate has the full story. Take care of yourselves!

No, It’s Not Trumpcare, It’s Not!

trumpcare__rbel

© RBel.

Kellyanne Conway is back on the airwaves, insisting that the new “healthcare” is not Trumpcare, no, no, no.

Conway, however, pushed back and said that Trump’s name didn’t belong on the bill.

“It’s the American Health Care Act, and I think it’s aptly named that for this reason,” she explained.

So…we went from Affordable to American. Pretty much declares the intent to leave most Americans without any healthcare whatsoever. If you wander over to congress.gov, you will see this: H.R.1275 – World’s Greatest Healthcare Plan of 2017. Yep. The Greatest in the whole world! I’m surprised it isn’t H.R.1275 – World’s Greatest Bestest Bigliest Yuuugest Smartest Healthcare Plan of 2017. (Not the same as the American Health Care Act, but still, the fact that it isn’t satire, oh…)

There isn’t enough mockery in the universe for that one.

I’ll call it Trumpcare if you want to, but I didn’t hear President Trump say to any of us, ‘I want my name on that.’ It’s not about branding according to someone’s name. This is serious business.”

Oh, so the king of branding himself doesn’t want to brand something. Right. The sheer duplicity of republicans is overwhelming. Who was it who started the whole Obamacare thing? Oh, yes, republicans.

Via Raw Story.

ETA: There’s now a shift to remove Trump from Trumpcare altogether, and shift all the blame onto Ryan.

“Miss Piggy”. “News Bimbo”. “Extremely Unattractive”. “Grab ’em by the Pussy”.

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Via Twitter.

Mr. Tweet has been at it again, this time tweeting out his “tremendous respect” for women, even as a whole lot of women are out on the streets today, fighting against fascism, and the Fascist-in-Chief. Mr. Tweet has been met with scorn, and I daresay, many near-fatal eyerolls.

President Donald Trump on Wednesday posted a tribute to International Women’s Day on his Twitter feed, and it was met with instant ridicule and disgust from across the web.

The president, who is notorious for making sexist remarks and was even infamously caught on camera bragging about grabbing women’s genitals, wrote on Twitter that he has “tremendous respect for women and the many roles they serve that are vital to the fabric of our society and our economy.” He also asked his fellow Americans to join him in “honoring the critical role of women here in America & around the world.”

Given his past words and actions, many Twitter users reacted with instant mockery of the president’s supposed “tremendous respect” for women.

It should not be forgotten that Trump has also been accused of domestic violence, sexual assault, sexual harassment, and rape. It’s more than obvious that he doesn’t have the slightest problem with any of those, especially as he’s bragged about being a serial sexual assaulter. He also has a seriously skeevy view of at least one of his daughters. Oh, and let’s not forget that Violence Against Women grants are poised to be cut. Also, there’s that hideous thing he’s trying to pass off as healthcare, which prominently features removing basic care for women. Yeah, there’s tremendous respect for you.

You can see some of the reactions here.

More. There’s Always More.

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War is peace. Freedom is slavery. And an historic health care initiative providing health care to millions of low-income Americans actually takes away their access to care.

Confused? So, apparently, is the Secretary of Health and Human Services. At a press conference on Tuesday, HHS Secretary Tom Price claimed that “Medicaid is a program that by and large has decreased the ability for folks to gain access to care.”

In fact, nearly 70 million people receive health coverage through Medicaid. An Obamacare provision that expanded eligibility for the program extended coverage to 11 million people. A 2016 poll shows that 87 percent of these beneficiaries are “satisfied with their Medicaid coverage and benefits.”

Nevertheless, House Republicans released a bill this week that would make massive cuts to Medicaid. Price spent his remarks touting this bill.

Well, it’s definitely Nineteen Eighty-Four. We have arrived: Healthcare Is Sickness. Apparently, it is also slavery, along with freedom. What can you even say anymore?

There’s video at the link. Think Progress also has a new article up about just who is going to be targeted the most by the new “healthcare”.

iPhone or Healthcare? Healthcare or iPhone? Updated.

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The long-awaited “replacement” to ACA has been revealed, and oh, it’s not good. People have been reacting, to say the least, and rethugs are desperately trying to come up with a defense.

The Republican Party’s proposed Obamacare replacement plan is already facing a storm of criticism, and Republican lawmakers are scrambling to defend it on cable news networks.

Rep. Jason Chaffetz (R-UT) appeared on CNN Tuesday morning to explain why obtaining health care is a matter of personal responsibility for millions of Americans, and not an area that requires government intervention.

In particular, Chaffetz said that, under the new GOP plan, poor Americans would be forced to make wise financial decisions if they really wanted to have access to health care.

“You know what, Americans have choices, and they’ve got to make a choice,” he said. “And so maybe, rather than getting that new iPhone that they just love and want to go spend hundreds of dollars on, maybe they should invest in their own health care.”

Oh, there’s that peculiar notion of rethuglican choice again. “Here you are, you have no choice at all, isn’t that great? Now, make the right choice!” A couple of hundred dollars is not going to get anyone very far when it comes to healthcare. Anyone who has ended up with an out of pocket doctor visit could tell you that. Any money left over is eaten alive by prescription meds. Once again, we see a fine example of the loathsome and utterly disconnected attitude rethugs have towards people, especially those with wallets on the thin side – you uppity poor people really shouldn’t have anything except the very basics, it’s not right you have more! You only get a nifty phone or internet access once you’ve hauled yourself up by your bootstraps and made a fortune. Let’s have a dose of reality here, a subject which republicans consistently fail in:

According to the Kaiser Family Foundation, the average premium for an individual health care plan in the United States is just over $235 per month. Buying an iPhone 7 through a wireless carrier and paying for it in installments over a two-year period costs $27 per month.

In other words, forsaking an iPhone 7 will save Americans enough money to pay for roughly 11% of what it would cost to get health insurance.

I’m not wealthy, and I don’t have a smartphone of any kind, but that’s because I don’t like phones. I still think all people should have healthcare, I don’t give the tiniest of shits what kind of gear they may or may not have, because that’s not in the least bit relevant. It is the same old ugly republican line, though: if you don’t have something, it’s your fault. Oh look, you got something. Well, it’s because of that you can’t have anything else. The basic fuck you, while avoiding any responsibility for it.

The so-called replacement plan is a travesty, and that’s an understatement. I’m sure people expected it to be, but as usual, the news is worse than what we imagined. Think Progress has a break down of 6 very important points to the new “plan”. Click on over for the full details, which are appalling.

House Republicans released on Monday a plan to undo Obamacare that will likely leave millions more Americans uninsured.

After significant internal division about the path forward on Obamacare, lawmakers unveiled two bills that, taken together, would repeal and replace President Obama’s signature health care reform law. House committees are expected to hold votes on the bills as early as this week.

Here’s what you need to know about the legislation, and what it says about the House GOP’s plan for the future of health insurance in America:

It includes massive cuts to Medicaid, the program that provides coverage for millions of low-income Americans.

It defunds Planned Parenthood and eliminates abortion coverage.

It includes a big tax break for insurance companies that pay their CEOs more than $500,000 per year.

A significant portion of the bill is devoted to ensuring lottery winners don’t have access to Medicaid.

It could trigger a “death spiral” in the individual insurance market.

It will result in a lot fewer people having health insurance.

Via Raw Story and Think Progress.

UPDATE: Oh my, looks like the Tiny Tyrant is scrambling for something, anything, in the face of the overwhelming scorn for “Trumpcare”. This hasn’t stopped the appearance of Mr. Tweet, though, who started out with this:

Our wonderful new Healthcare Bill is now out for review and negotiation. ObamaCare is a complete and total disaster – is imploding fast!

Jesus. How can anyone be that fucking disconnected from reality and still be on the planet?

Also see: How would repealing the Affordable Care Act affect health care and jobs in your state?

 Across the country, 29.8 million people would lose their health insurance if the Affordable Care Act were repealed—more than doubling the number of people without health insurance. And 1.2 million jobs would be lost—not just in health care but across the board.

“And I’m Not Judging, I’m Just Saying,”

Rep. Roger Marshall. CREDIT: (AP Photo/John Hanna.

Rep. Roger Marshall. CREDIT: (AP Photo/John Hanna.)

Yet another rethug is flapping his mouth over healthcare, this time claiming that a certain class of people doesn’t want healthcare, no, and Jesus said so.

In an interview with STAT, Rep. Roger Marshall (R-KS) says he doesn’t support Obamacare’s Medicaid expansion because he believes some poor people just don’t want health care.

“Just like Jesus said, ‘The poor will always be with us,’” Marshall, a doctor and first-term congressman, said. “There is a group of people that just don’t want health care and aren’t going to take care of themselves.”

The author of the STAT piece, Lev Facher, writes that he “pressed” Marshall on that point. But the congressman “shrugged.”

“The Medicaid population, which is [on] a free credit card, as a group, do probably the least preventive medicine and taking care of themselves and eating healthy and exercising. And I’m not judging, I’m just saying socially that’s where they are,” Marshall said. “So there’s a group of people that even with unlimited access to health care are only going to use the emergency room when their arm is chopped off or when their pneumonia is so bad they get brought [into] the ER.”

Interesting that Marshall, who is a physician, thinks that medicare equals unlimited access to health care. I guess when your whole career focus is sucking up to the rich, you can get a highly skewed view of things. Medicare is most certainly not unlimited access to health care, and it’s not remotely true that people who do have medicare/medicaid don’t bother to use it. They do. Healthcare is good, but if you want people to also eat in the healthiest and most nutritious manner, and exercise, you can’t just hand them medicare. Social systems are also needed, to provide safe ways to travel, places to exercise, and in urban areas, problems like food deserts need to be addressed as well, and there’s quite a bit more which also needs to be dealt with. Here in uStates, you get the idea that quality of life is only for those with a certain amount of money in the bank.

As for that “Hey, Jesus said the poor will always be with us”, that’s a transparent and disgusting excuse to continue to wipe your feet on the backs of all those who aren’t deemed to be monied enough.

Marshall’s personal views aside, a Harvard School of Public Health study published last summer shows that Obamacare’s Medicaid expansion resulted in improved health for low-income adults — and fewer ER visits.

“Two years after Medicaid coverage was expanded under the Affordable Care Act (ACA) in their states, low-income adults in Kentucky and Arkansas received more primary and preventive care, made fewer emergency departments visits, and reported higher quality care and improved health compared with low-income adults in Texas, which did not expand Medicaid, according to a new study led by researchers at Harvard T.H. Chan School of Public Health,” a summary of the study says. “The findings provide new evidence for states that are debating whether to expand or how to expand coverage to low-income adults.”

Other studies examining the effects of providing Medicaid coverage to more impoverished people have found similar results.

Oooh, look, studies! Perhaps Rep. Marshall should stick his nose in those, and do a bit of learning. He won’t though, because if there’s one thing rethugs don’t like, it’s having their views challenged in any way.

But Marshall, citing the hospital he helped run in Kansas, suggested he’s primarily concerned with quality of care on the other end of the economic spectrum.

“Our vision was that we would look more like a hotel with customer service that delivered five-star health care,” he said. “So our cafeteria looks more like a coffee shop than it does a sterile hospital dining room. We have bright windows everywhere, and outside of every window there’s a garden. Thinking that healing is more than just a knife and a needle.”

Ah. Well, no wonder you’re not terribly interested in everyday people. They can’t fund your 5 star health hotel. I’d be willing to bet most people would feel better in that kind of environment when ill. Pity all you care about are the rich.

The purpose of the STAT interview was to highlight Marshall’s role as part of the GOP Doctors Caucus, described in the piece as “a group of 16 lawmakers with health care backgrounds who have put themselves at the center of the effort to unwind the Affordable Care Act.”

There’s a bit of terrifying news. One that makes it rather clear the direction ‘healthcare’ is going to take under the rethuglicans. Full story at Think Progress.

Texas: Wrongful Births Bill.

(Monkey Business Images/ Shutterstock).

(Monkey Business Images/ Shutterstock).

The Texas GOP introduced yet another anti-abortion bill that would give doctors the right to lie to their patients about their pregnancies. Texas Senate Bill 25, also known as the “wrongful births bill” has made its way to the Texas Senate floor, and would prevent lawsuits against doctors if a baby is born with a disability.

In reality, the bill allows doctors to withhold information about the risk of a disability from the parents, particularly in cases when the doctor thinks the individual might decide to have an abortion if provided with the information.

[…]

The Texas Senate Committee on State Affairs passed the bill — which would legislate how much information a woman is allowed to receive about her own pregnancy — to the full Senate on Monday morning.

Right, because why on earth should a woman have the right to know exactly what’s going on in her body? Golly, there are men out there who can decide what’s important, don’t worry your cute little pink brains, women! It might be a good idea for women to find out just how religious their doctor might be, as that might have one hell of an impact on you at some point.

Full story here.

Healthcare: Republican Hide and Don’t Seek.

CREDIT: Screencap via Twitter.

CREDIT: Screencap via Twitter.

Hide & Don’t Seek, the new rethuglican game with healthcare. They have literally hidden their ACA replacement bill. That makes it clear just how lousy it is, and that it basically only has to do with healthcare in the sense of removing it.

Democratic lawmakers spent much of Thursday wandering around the Capitol in an attempt to find House Republicans’ health care plan to replace the Affordable Care Act. They couldn’t find it.

On Wednesday, House Republicans said they would release their much anticipated plan the next day, but that only House Republicans would be able to see it. Rep. Chris Collins (R-NY) said it would be available in a “basement of an office building that adjoins the Capitol.”

“No one is getting a copy … We can go and read it,” Rep. Collins told the Washington Examiner.

Democratic lawmakers, such as Rep. Steny Hoyer, (D-MD) Rep. Jan Schakowski (D-IL), and Rep. Frank Pallone (D-NJ) went on an “egg hunt” for the document.

Sen. Rand Paul (R-KY) tweeted that the bill was “under lock and key,” but that he would demand a copy so the American people could see it. Sen. Paul added that it was “unacceptable” that one of the biggest issues before Congress and the American people would be kept secret.

Paul then reportedly wheeled over a copy machine to make copies of the bill, but was barred from entering the room where it was reportedly being kept. The bill had also been moved from the room before Paul got there, Politico reported.

You can follow all the tweets and the idiotic Republican hiding of healthcare at Think Progress. I think everyone is going to find that when they get to the bill, there is no there there.

Norway’s Storebrand Goes NoDAPL.

NorSR

© C. Ford. All rights reserved.

More and more efforts are directed at divestment, and Norway’s largest private investor has decided to go No DAPL.

The largest private investor in Norway has pulled out of three companies connected to the Dakota Access Pipeline (DAPL) because of the conflict at Standing Rock.

Storebrand, an Oslo-based financial-services company that specializes in sustainable, socially conscious investing, has sold off nearly $35 million worth of shares in Phillips 66, Marathon Petroleum Corporation, and Enbridge, the company announced on March 1.

“Storebrand has made the decision to withdraw all investments from the controversial Dakota Access pipeline, including positions in the North American companies Marathon Petroleum Corporation, Enbridge Inc. and Phillips 66,” said Storebrand in a statement on March 1.

“Our conclusion is that these are poor long-term investments, both for our pension customer and from a sustainability point of view,” the company said.

Storebrand had investments of $11.5 million in Philips 66, $7 million in Marathon Petroleum Corp. and $16.2 million in Enbridge Inc., for a total of $34.8 million, said the company. According to its website, it has been in operation since 1767 and was managing pension funds since 1917, pre-dating Norway’s social security system by 50 years.

“There is too much uncertainty, for us as an investor, as to whether there has been a good process that ensures the rights of all parties in the conflict,” said Matthew Smith, Head of Sustainable Investments. “There has been involvement by the United Nations, by President Obama, and President Trump. Caught in the middle are the people directly impacted by the pipeline.”

[…]

Storebrand tried numerous tactics to enact change, Smith said in the statement, but none of them worked.

“Generally, it is our belief that we can have a more positive effect on companies and situations by using our position as an owner to effect change. We have successfully done so on many occasions, but it doesn’t always work,” Smith said. “Storebrand has been in direct contact with the companies, and has worked with international groups of investors. Our most recent initiative is an investor letter, representing 137 investors with $653 billion assets under management, that encourages involved banks that have lent money to the project to use their position and influence to engender positive change and a reconsideration the routing of the pipeline.”

Storebrand was forced to conclude that “active ownership is not going to deliver a better outcome,” he said. “We do hope that this can give a final indication to the involved companies to reconsider the routing of the pipeline.”

The investor joins a growing number of companies and entities that have pulled funds from Wells Fargo and other banks that are financing DAPL, ranging from the City of Seattle to individual account holders. Others, such as New York City, have put DAPL banks on notice.

The decision was not easy, Smith told The Guardian.

“Divestment is a last resort,” he said. “When you divest from companies, you give up your possibility to influence companies to come to a better solution.”

Full story at ICMN.