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Are Pension Funds Driving Food and Social Disorder?

Touch the Soil News #678 (feature photo – protestors at TIAA, New York -Brandon Wu, ActionAid) TIAA, one of the world’s largest pension fund companies is trying to find an investment home for almost $900 billion dollars. Popularly known as the “teacher” pension company, TIAA is being accused of keeping its books closed to outsiders on its farmland investments. Last week (April 20, 2017) protestors outside of TIAA’s New York Offices delivered a letter to the company with over 100,000 signatures. TIAA is being accused of financing farm acquisitions in third-world nations (such as Brazil). Allegations are that the farmlands being purchased by TIAA were taken by local officials who…

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Retirement Funds – Chasing Farmland – Implicated in Corruption and Violence.

Touch the Soil News #491 Imagine going to the poorer parts of Brazil, a nation unfortunately gripped by corruption (see video below) with million dollar checkbooks to buy farmland. The story regularly repeats itself around the globe as local indigenous officials – intoxicated with the vision of large money – move to deliver the land for which millions of dollars are lined up. As we all know, land is not free and every bit of farmland in the world is occupied by farms or indigenous people. Getting the farmland out of the clutches of the locals has a name in Brazil – “grilagem.” Grilagem denotes using falsification of documents and…

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