Category: 9. Corporate Power is Protected

  • Land Rush in Africa

    Don’t worry, we’ll still pillage Africa: Ethiopia is one of the hungriest countries in the world with more than 13-million people needing food aid, but paradoxically the government is offering at least 7.5 million acres of its most fertile land to rich countries and some of the world’s most wealthy individuals to export food for […]

  • The Democrats' Scam

    Glenn Greenwald details the spineless weaseling of the Democrats in the Congress: All year long, [Congressional Democrats] insisted that the White House and a majority of Democratic Senators vigorously supported a public option, but .. sadly, we have 50 but not 60 votes for it….. [A]dvocates of the public option kept arguing that the public […]

  • London Olympics Will Amplify Police State

    London shows us how it’s done: Despite London’s legacy promises, some lawmakers fear a lack of stadium tenants after the Games will result in venues lying empty at a cost of 276 million pounds, and fears are mounting that regeneration will just result in gentrification, with affluent residents moving in and pushing locals out. Moves to […]

  • IMF Pushes for More Power, Global Currency

    You don’t have to look for conspiracy theories – the real story is out in the open: The International Monetary Fund wants more power to police the global financial system and a bigger role in emergency financing, managing director Dominique Strauss-Kahn said Friday. In a speech to the Bretton Woods Committee, a finance reform think tank […]

  • Democrats and Villain Rotation

    Glenn Greenwald breaks it down: This is what the Democratic Party does; it’s who they are.  They’re willing to feign support for anything their voters want just as long as there’s no chance that they can pass it. They won control of Congress in the 2006 midterm elections by pretending they wanted to compel an end […]

  • No One Knows How Goldman Sachs Makes Money

    PBS economist Paul Solman answers viewer mail: Fact is, no one knows for sure where Goldman’s profits come from. So here’s the request: If YOU know how Goldman has been making its money – taking advantage of credulous clients, say, or front-running the big ones (see below) – please write and let us know…. [H]ere’s […]

  • Mind Your Own Business

    Starting to love Alan Grayson more and more: HR 4431: Business Should Mind Its Own Business Act (Introduced in House). To amend the Internal Revenue Code of 1986 to impose a 500 percent excise tax on corporate contributions to political committees and on corporate expenditures on political advocacy campaigns. via Search Results – THOMAS (Library […]

  • The Middle-Class, 1950s and Socialism

    A discussion on Metafilter involved the loss of middle class standard of living for so many in the US. A commenter remarked: you used to be able to raise a family with a good standard of living on a single working class wage in America and another commenter responded: For one fleeting period of time […]

  • Goldman Sachs Bonuses Bigger Earnings

    Sharpen that gilloutine: Shareholder Ken Brown’s lawsuit is one of two suits filed against the company this week over its controversial decision to hand out billions of dollars in bonuses even after it was accused of playing a central role in the financial collapse of 2008 and receiving $10 billion in direct aid from the […]

  • CDC Failed in Vetting Vaccine Advisors

    Great: Most of the experts who served on advisory panels in 2007 to evaluate vaccines for flu and cervical cancer had potential conflicts that were never resolved, the report said. Some were legally barred from considering the issues but did so anyway. The report found that 64 percent of the advisers had potential conflicts of […]