Showing posts with label Corporations. Show all posts
Showing posts with label Corporations. Show all posts

Wednesday, January 18, 2017

Government for Sale: An Interesting Discovery in the CIA Files on Donald Trump

by Nomad

Newly-released CIA files offer us a bitter look back at what we used to laugh at decades ago. A satirical op-ed piece is a timely reminder of how far we have come along the path to corporatocracy. And under Trump, it's likely to get a lot worse. 


When I heard the news that the CIA had just uploaded around 13 million formerly classified documents, I did what any inquisitive blogger would do. I hastily typed in Donald Trump's name in the site's search engine. What I found was, to put it mildly, not what I was expecting.
No, nothing scandalous, so don't get too excited. There is one rather peculiar find to report.

Among a few other items, there's a photocopied news clipping of a June 1985 article by the then-editor of the monthly, Harper's Magazine, Lewis Lapham.
This article's presence in the CIA file is very likely to do a very brief mention of the CIA head at the time, Bill Casey. As for the Trump reference, you'll have to be a little patient.

The piece itself is a tongue-in-cheek op-ed entitled "Putting the Government Up for Sale: Deals to Ponder." The crux of the article is pretty basic and is summed up in the first paragraph.
"Sooner or later, it will occur to somebody in the Reagan administration to put the federal government up for sale in a patriotic series of leveraged buy-outs. The deficit and the national debt would vanish as if in magician's smoke. The Dow Jones stock averages would gain 4000 points and everybody lucky enough to command the necessary lines of credit and political patronage would make a killing."

Friday, December 18, 2015

Hundreds of Workers in Juarez Mexico Fired by US Company for Asking for $7...a day

by Nomad


Start giving Mexicans workers a living wage and the first thing you know there won't be an immigration problem at all.
"Hundreds of workers at the Lexmark plant in Juarez have been fired after they walked off the job last week, asking for raises, the right to unionize as well as other demands.
According to the Spanish-language website sinembargo, the labor dispute started back in early November, after workers asked for a raise of six pesos, or roughly .34 cents a day.
Lexmark, an international company producing printer cartridges, now pays workers a maximum of 70.10 pesos per day, or $4.03 daily."

Thursday, December 25, 2014

Auld Lang Syne: European Courts and the Right to Be Forgotten

by Nomad

Censorship One of Internet's biggest stories of the year went practically unnoticed in the American press. A European court ordered Google to provide a means for individuals to control what has been written online about them.
At least, the ruling says, search engines cannot help search engine users find that information.


The desire to be remembered is, generally speaking, something most of us aspire to. However, when it comes to our online footprint, there are a lot of people who would strongly prefer to be forgotten. Although the event cannot entirely be erased from the vast public forum known as the Net, then at least we can try to separate our names (and our reputations) from the information. 

Should that photo of you when you weighed as much as a Volkswagen be a burden you must carry forever? Must a teenage shoplifter who has changed her ways in adulthood have the details of her pop up every time she looks for a new job? Should an admitted wife-beater have one incident ruin the rest of his life? What about a convicted bank embezzler who has served his time, does he have the right to be forgotten?

Making good use of a seasonal reference, we might ask:
Should old acquaintance be forgot, and never brought to mind?

Friday, December 19, 2014

Why the Cuban Thaw Puts GOP in Danger of Losing Corporate Sponsors

by Nomad

Rejecting Obama's new policy for Cuba could be the biggest political blunder the Republican Party could make.
In 2016, American corporations will not forget or forgive who put the brakes on the significant business opportunities in Havana.


It's obvious that Republicans hate everything President Obama does. It's hard for them to deny it. And why should they? Being against President Obama has always been a vote catcher. Fox News misrepresents the issue, the Internet sites stir up the hate, the Republicans get the support from the un-informed voters and their corporate sponsors dish out the cash to ensure the Republican Congress will happily vote accordingly. It's a beautiful little machine.

Let the Rants Begin!

So it was no great surprise that when the president announced a restoration of diplomatic ties with Cuba, Republican politicians began to rant and foam at the mouth. 

Saturday, November 22, 2014

Why an Oil Company Plans to Sue County for $1.2 Billion After Voter-Approved Fracking Ban

by Nomad

Following a vote against fracking and other enhanced oil extraction processes, voters and local officials in one California county are learning what happens when you cross an ambitious corporation.


Local government officials in central California's San Benito County have every reason to feel bullied and bruised by recent events in the area. 

Measure J
In a November ballot, a referendum known as Measure J was put before its citizens. That initiative was a proposed ban on all "enhanced petroleum extraction such as fracking, cyclic steaming and well acidizing along with all petroleum activities in rural residential zones."

Supporters argued a so-called fracking ban was necessary to prevent possible environmental impacts. According to Measure J supporters, the toxic chemicals used in the extraction process had the potential to cause cancer and other illnesses through groundwater and watershed contamination. The impact to endangered species in a nearby national park was also cited as a cause for worry. 

The Washington-D.C.-based Center for Biological Diversity pointed out 
“These enhanced recovery methods include steam extraction, acid extraction, and hydraulic fracturing ("fracking"). Although all of these methods involve chemistry not used in traditional oil and natural gas extraction, in California none of them is regulated or tracked any differently than are the traditional methods. Statewide, there is no requirement that companies declare the chemicals used in their extraction operations, or even that they are using enhanced extraction methods. Any regulation on these activities therefore (need to be) enacted at the county level.”
Finally, Measure J supported also noted  in quake-prone California,  the possible impact of fracking  on fault-lines should be matter of grave concern. Even in areas where there is little seismic activity, where fracking has been used, there has been a dramatic increase in the number of tremors. San Benito County already has its risks. The notorious San Andreas Fault runs through the region. 

Opposing the ballot initiative was in Newport Beach- based, Citadel Exploration. The oil company, founded in 2006, was set to begin its Project Indian in the Bitterwater area near Pinnacles National Park. In 2013, the company had received approval from county supervisors, over the objections of environmental groups, for a this limited pilot project.

While still in the testing and initial production stage, the oil drilling project was expected to recover an estimated millions of barrels of heavy (11-14 gravity API) oil. Alongside the oil companies were local farmers ready to sign lucrative real estate deals. The company pointed out that strictly speaking the technique to be used was not fracking

It turned out to be a showdown between environmental groups and powerful corporations which reportedly spent $2 million in advertising to defeat the initiative. That's not surprising. Armen V. Nahabedian, President and CEO of Citadel Exploration. has talked up the project
"Having worked on this project for over seven years, I can't overstate the importance and magnitude of our discovery at Project Indian."
When the measure passed by a strong majority (57.36%) in this month, citizens might have thought that would have been the end of the matter. As of Jan 1 next year, because of the vote, all enhanced extraction practices are to be banned and existing projects would have up to three years to comply with the provisions. 
End of story? 
Not quite.

Monday, May 26, 2014

A Stand against Evil Corporations or just Progressive Hypocrisy?

by Nomad


I saw this photo online the other day. It is pointing out, I suppose, the inherent hypocrisy of the Left and progressive when they condemn corporations. 

(If you read my blog at all, you'd know that this is not a view of mine.) 


Still, there may be some validity to the argument. I have my own counter-arguments to the idea this image is promoting. I will refrain from sharing my opinions... with great difficulty.
It's more important to me to hear what you think. Do you agree or disagree with the position? Why? 
How would you counter this argument?

Wednesday, February 19, 2014

Outback Outrage: How Rupert Murdoch's News Corp Helped Destroy Australian Budget

by Nomad

Through a special tax arrangement with the Australian government,  Rupert Murdoch's New Corporation- parent company of Fox News- became  the largest single factor in the shortfalls in the Australian budget.

The Australian Financial Review is reporting a story which will probably never appear on Fox News.
The single largest factor in the underlying deterioration of the federal budget announced by Treasurer Joe Hockey in December was a cash payout of almost $900 million to Rupert Murdoch’s News Corporation.
Despite Fox News and News Corp newspaper's near-constant drumbeat against government spending, it came right down to it, News Corp was just another corporation expecting special treatment. Documents last week revealed the company claimed a massive tax deduction- one of the largest cash payments- from the Australian Tax Office

When the Australian budget went south, it was not due to wild spending on foolish projects or due to the military appropriations but, if these reports are true, one main factor was a record-breaking tax deduction that the Tax Office allowed the media giant. 

The Guardian fills us in with other particulars:
The payment by a “foreign tax authority” was revealed in accounts published by News Corporation in the US earlier this month and related to a $2bn claim by News Corp for historic losses on currency transactions by its Australian subsidiaries.
The payment was estimated to be worth $600m to News Corp but the final figure grew to $882m after interest charges.

Tuesday, January 7, 2014

Has Television Become the Propaganda Machine for Conservative Values?

by Nomad

Sometimes it's hard to realize how compliant commercial television is compliant when it comes to lowering our sense of compassion for the poor. I'm not talking about its overall narcotic effect. 
It's what TV shows don't reveal about reality that's important.

It wouldn't be the first time that critics have accused television of being a corporate propaganda machine, of course. But what seems to be happening today is a little more devious. 

Selling products is one thing but the problem goes way beyond using TV to sell detergent and watches. It has become a effective tool of selling a philosophy of greed and intolerance.

Monday, December 9, 2013

Henry Wallace and The Last Progressive Party

Henry Wallace Quoteby Nomad

(image courtesy of MoveOn.org)

In the Midst of all These Riches

The quote on the right comes from Henry A. Wallace's book, “Democracy Reborn.”
Today the book is not so easy to find and Wallace's name means very little to most Americans.

Nevertheless, I think the man deserves a little attention because, when you look over his words and ideals, Wallace seems- in some ways- ahead of his time.

For example, he also wrote:
“Still another danger is represented by those who, paying lip service to democracy and the common welfare, in their insatiable greed for money and the power which money gives, do not hesitate surreptitiously to evade the laws designed to safeguard the public from monopolistic extortion."
That sounds achingly familiar to the speeches made during the Occupy movement.

Henry Wallace was the 33rd Vice President of the United States under Franklin Delano Roosevelt. It was the closest he ever got to the White House. Before that, Wallace had served as Secretary of Agriculture during the dust bowl days which saw Americans desperately fighting for survival.

Monday, November 5, 2012

Teddy Roosevelt and Citizens United


This quote comes from Roosevelt's State of the Union Address- December 3, 1906. In that speech- which is evidence of Roosevelt's long windedness- we also find this quote:
There are at this moment wealthy reactionaries of such obtuse morality that they regard the public servant who prosecutes them when they violate the law, or who seeks to make them bear their proper share of the public burdens, as being even more objectionable than the violent agitator who hounds on the mob to plunder the rich.
To read the entire speech go to this link.