Evil Pacific Lumber Declares Bankruptcy
From easong's Kos diary:
In the continuing story of how a Texas scumbag corporation named Maxxam has planned to destroy hundreds of acres of old growth redwood forest for a neat profit, the plot has entered the final phase -- trying to get a bankruptcy court to annul the provisions of a habitat protection agreement hammered out several years ago by Senator Feinstein and state water boards.easong's post with links on where to write
Here's the Houston Chronicle story:
Maxxam's Pacific Lumber subsidiary has filed for Chapter 11 bankruptcy protection, saying the limits on logging imposed by California water quality regulators sharply cut its revenues.
This is a long and sad story from the era of Reagan and the corporate raiders.. Pacific was once a family owned business that was careful with it's employees and it's stands of lumber. One of it's real assets was the company pension plan, which was "Over Funded" . Then it was bought out by these ass-holes from Texas, this is part of the same crowd that brought us George Bush. They looted the pension fund, and set about blackmailing the State of California over the Redwood Trees they owned. These trees are the last stands of Redwoods that are not protected from the chain saw. Maxxam thinks they should be converted into decks, patio furniture, and paper with green ink on it.
Of all the Redwoods that ever lived, these are the last ones we can still save.
So click on easong's link and write a letter to anyone he's listed there.
