Mexico: Bush Family Buy Up Guarani Aquifer

http://watchingamerica.com/WA/2015/06/18/bush-family-buy-up-guarani-aquifer/

Bush Family Buy Up Guarani Aquifer
Published in La Jornada (Mexico) on 10 June 2015 by Alfredo Jalife-Rahme [link to original]
Translated from Spanish by Jenny Westwell. Edited by Alison Lacey.
Posted on June 18, 2015.

Jo-Shing Yang, the environmental consultant dedicated to investigating the Wall Street megabanks’ efforts to buy up global water resources, has turned his attention to the nepotistic Bush family dynasty, whose purchases of 121,407 hectares of land just happen to be located on part of the Guarani Aquifer System. The groundwater reservoir is the largest (renewable freshwater) resource in the world, with an expanse of more than 1.2 million square kilometers and a volume of 40,000 cubic kilometers of water.

Yang points out that a subterranean reservoir of such proportions could supply the world with drinking water for 200 years. The figures speak for themselves: Astonishingly, the Guarani Aquifer covers an expanse of land a fraction larger than Colombia.

For sheer size, the Guarani Aquifer is outstripped by the Nubian Sandstone Aquifer System, which covers 2 million square kilometers and is estimated to contain 150,000 cubic kilometers of subterranean [nonrenewable fossil] water. According to Bloomberg, the greater part of this vast, transboundary geological reserve is situated beneath Libya (SEE HERE) and was one of the factors that motivated the United States, the United Kingdom and France to their tripartite invasion. The rest of the aquifer lies beneath Egypt, Chad and Sudan.

In 2005 and 2006, during the dynastic presidency of George W. Bush, the Bush family acquired a total of 121,407 hectares in Chaco, Paraguay, close to the troublesome tri-border area of Brazil, Argentina and Paraguay, and just 200 kilometers from the border with gas-rich Bolivia. Bush Senior, now 90, bought 80,837 hectares, while his granddaughter Jenna, George W.’s daughter, bought another 40,470 hectares.