Catch Shares: Investment Firms are taking over the Fishing Rights

10172769-largedinkWhat does it take to buy a share of the American ocean? Policymakers assured the nation that fishing rights would never migrate out of U.S. control through catch shares or end up as properties of investment firms. Environmental groups have similarly touted catch shares as a tool for communities and fishermen and overlooked the role investors can and do play. As the Snow’s deal now makes clear, those pacifications are baloney. Read the rest here 22:29

3 Responses to Catch Shares: Investment Firms are taking over the Fishing Rights

  1. alaskagal says:

    OMG. I am so appalled by the vast majority of the comments on Slate. Who were their mothers? Why weren’t they spanked?

    • Joel Hovanesian says:

      The overwhelming majority of the people in this nation have no access to the seafood many of us take for granted. Fishermen are their only link to this pure form of protein. Every time you create another middleman their cost goes up.

      This resource is not nor ever has been considered “private property”. Fishermen are the conduit to the resource these less fortunate folks depend upon for their share of the pie.

      Not everyone can afford to purchase a vessel or hire a charter. This is another example of a government take over of the peoples resources. CONTROL THE FOOD….CONTROL THE PEOLE. Open your eyes

  2. StripedBassHole says:

    It won’t be the North Vs. South this time.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.