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Revealing News For a Better World

Corporate Corruption Media Articles
Excerpts of Key Corporate Corruption Media Articles in Major Media


Below are key excerpts of revealing news articles on corporate corruption from reliable news media sources. If any link fails to function, a paywall blocks full access, or the article is no longer available, try these digital tools.


Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.


Goldman Sachs asks in biotech research report: 'Is curing patients a sustainable business model?'
2018-04-11, CNBC News
https://www.cnbc.com/2018/04/11/goldman-asks-is-curing-patients-a-sustainable...

Goldman Sachs analysts attempted to address a touchy subject for biotech companies, especially those involved in the pioneering "gene therapy" treatment: cures could be bad for business in the long run. "Is curing patients a sustainable business model?" analysts ask in an April 10 report entitled "The Genome Revolution." "The potential to deliver 'one shot cures' is one of the most attractive aspects of gene therapy, genetically-engineered cell therapy and gene editing. However, such treatments offer a very different outlook with regard to recurring revenue versus chronic therapies," analyst Salveen Richter wrote in the note to clients. "While this proposition carries tremendous value for patients and society, it could represent a challenge for genome medicine developers looking for sustained cash flow." Richter cited Gilead Sciences' treatments for hepatitis C, which achieved cure rates of more than 90 percent. The company's U.S. sales for these hepatitis C treatments peaked at $12.5 billion in 2015, but have been falling ever since. "GILD is a case in point, where the success of its hepatitis C franchise has gradually exhausted the available pool of treatable patients," the analyst wrote. "In the case of infectious diseases such as hepatitis C, curing existing patients also decreases the number of carriers able to transmit the virus to new patients, thus the incident pool also declines. Where an incident pool remains stable (eg, in cancer) the potential for a cure poses less risk to the sustainability of a franchise."

Note: Many cancer treatments have been suppressed, sometimes in brutal ways, because the medical profession would lose the huge profits of traditional cancer treatments. Watch this video for undeniable evidence showing that this is the case. Read an excellent article on how the profiteering drug industry is crippling our children, possibly even intentionally. For more along these lines, see concise summaries of deeply revealing health news articles from reliable major media sources.


I Downloaded the Information That Facebook Has on Me. Yikes.
2018-04-11, New York Times
https://www.nytimes.com/2018/04/11/technology/personaltech/i-downloaded-the-i...

I downloaded a copy of my Facebook data last week. I didn’t expect to see much. But when I opened my file, it was like opening Pandora’s box. I learned that about 500 advertisers - many that I had never heard of, like Bad Dad, a motorcycle parts store, and Space Jesus, an electronica band - had my contact information, which could include my email address, phone number and full name. Facebook also had my entire phone book, including the number to ring my apartment buzzer. The social network had even kept a permanent record of the roughly 100 people I had deleted from my friends list over the last 14 years. Facebook said unfamiliar advertisers might appear [in the file] because they might have obtained my contact information from elsewhere, compiled it into a list of people they wanted to target and uploaded that list into Facebook. Brands can obtain your information [by] buying ... from a data provider like Acxiom, which has amassed one of the world’s largest commercial databases on consumers. Let’s be clear: Facebook is just the tip of the iceberg when it comes to what information tech companies have collected on me. Knowing this, I also downloaded copies of my Google data with a tool called Google Takeout. The data sets were exponentially larger than my Facebook data. Here was the biggest surprise: In a folder labeled Ads, Google kept a history of many news articles I had read. Be warned: Once you see the vast amount of data that has been collected about you, you won’t be able to unsee it.

Note: Those who want to download their own Facebook data can use this link. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the disappearance of privacy.


New AUSTRAC boss Nicole Rose shocked by 'depth and breadth' of money laundering
2018-04-04, ABC News (Australia affiliate)
http://www.abc.net.au/news/2018-04-05/new-austrac-boss-shocked-by-money-laund...

Australia's financial intelligence czar Nicole Rose says she is shocked at the depth of money laundering in the economy involving organised crime, child exploitation and drug importation. "I thought coming from the Australian Criminal Intelligence Commission that I had a pretty good handle on serious and organised crime," she [said]. "I didn't appreciate the depth and breadth of involvement with private entities and banks. I didn't appreciate how many industries it does actually touch. There's a misperception that money laundering is a victimless white collar crime. It has a massive impact on everyday life whether that's child exploitation, serious and organised crime or drug importation. It all involves money laundering." A career public servant specialising in anti-terrorism strategy, Ms Rose was appointed chief executive of the Australian Transactions Reports & Analysis Centre (AUSTRAC) in November last year. Ms Rose, a former deputy head of the Australian Criminal Intelligence Commission, inherited AUSTRAC's high stakes case against the Commonwealth Bank which is fighting almost 54,000 allegations that it broke anti-money laundering and anti-terrorism financing laws. While not commenting directly on the CBA case, Ms Rose said she was confident that all Australian banks are now aware of the money laundering risk. However, Ms Rose was uncertain when the $10,000 reporting threshold on cash transactions would be extended from financial institutions to other high-risk sectors.

Note: Explore an eye-opening article by Fiona Barnett, which claims the Watergate break in's real purpose was steal a list of high level political pedophiles from both parties. As reported in this Sydney Morning Herald article, Ms. Barnett testified to Australia's Royal Commission into Institutional Responses to Child Sexual Abuse on being a victim of a high level pedophile ring. More on this is available in this article from the UK's Daily Mail.


Bosses read workers' minds: It's not the future, it's now
2018-04-03, New York Post
https://nypost.com/2018/04/30/chinese-companies-are-monitoring-employees-brains/

Chinese companies are picking their employees’ brains - literally - with mind-reading devices designed to improve efficiency and performance. Workers are being outfitted with safety helmet-like caps that monitor brain waves and send the information to computers that use artificial intelligence algorithms to detect emotional spikes, like depression, anxiety and rage. The Orwellian technology has been used on factory employees, train conductors and workers at State Grid Zhejian Electric Power. State Grid, which has 40,000 employees ... said the company’s profits have increased by about $315 million since it implemented the surveillance caps in 2014. The government-funded brain-monitoring project, called Neuro Cap, has been implemented in more than a dozen factories and businesses. Jin Jia, an associate professor of brain science and cognitive psychology at Ningbo University, which is hosting the project, said the brain caps allow workers to be better managed. Qiao Zhian, professor of management psychology at Beijing Normal University, said the devices could give companies a competitive boost - but warned they could also violate privacy in the worst way. “There is no law or regulation to limit the use of this kind of equipment in China. The employer may have a strong incentive to use the technology for higher profit, and the employees are usually in too weak a position to say no,” he said. “The selling of Facebook data is bad enough. Brain surveillance can take privacy abuse to a whole new level.”

Note: While slightly less invasive than microchip implants, the use of devices like these by government and industry threatens to fully eliminate privacy.


Supreme Court shields a police officer from being sued for shooting a woman in her front yard
2018-04-02, Los Angeles Times
http://www.latimes.com/politics/la-na-pol-supreme-court-police-shooting-20180...

The Supreme Court on Monday shielded a police officer from being sued for shooting an Arizona woman in her front yard, once again making it harder to bring legal action against officers who use excessive force, even against an innocent person. With two dissents, the high court tossed out a lawsuit by a Tucson woman who was shot four times outside her home because she was seen carrying a large knife. Justices Sonia Sotomayor and Ruth Bader Ginsburg said in dissent the victim did not threaten the police or a friend who was standing nearby. This "decision is not just wrong on the law; it also sends an alarming signal to law enforcement officers and the public," Sotomayor wrote. Since the Civil War, federal law has allowed people to sue government officials, including the police, for violating their constitutional rights. But in recent years, the Supreme Court has erected a shield of immunity for police and said officers may not be sued unless victims can point to a nearly identical shooting that had been deemed unconstitutionally excessive in a previous decision. The justices did not rule on whether officer Andrew Kisela acted reasonably when he used potentially deadly force against Amy Hughes. The court instead ruled [that Kisela] could not be sued because the victim could not cite a similar case. Sotomayor said the majority had revised the facts to favor the officer. "Hughes was nowhere near the officers, had committed no illegal act, was suspected of no crime, and did not raise the knife," she wrote.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in policing and in the court system.


Are you ready? This is all the data Facebook and Google have on you
2018-03-29, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/commentisfree/2018/mar/28/all-the-data-facebook-g...

[Here's] how much of your information ... Facebook and Google store about you. Google stores your location ... every time you turn on your phone. You can see a timeline of where you’ve been from the very first day you started using Google on your phone. Google stores search history across all your devices. Even if you delete your search history and phone history on one device, it may still have data saved from other devices. Google creates an advertisement profile based on your information, including your location, gender, age, hobbies, career, interests, relationship status, possible weight ... and income. Google offers an option to download all of the data it stores about you. I’ve requested to download it and the file is 5.5GB big, which is roughly 3m Word documents. Facebook offers a similar option to download all your information. Mine was roughly 600MB, which is roughly 400,000 Word documents. Facebook also stores what it thinks you might be interested in based off the things you’ve liked and what you and your friends talk about. The data they collect includes tracking where you are, what applications you have installed, when you use them, what you use them for, access to your webcam and microphone at any time, your contacts, your emails, your calendar, your call history, the messages you send and receive, the files you download, the games you play, your photos and videos, your music, your search history, your browsing history, even what radio stations you listen to.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the disappearance of privacy.


When the media tries too hard to 'appeal to both sides', integrity is lost
2018-03-24, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/world/2018/mar/24/when-the-media-tries-too-hard-t...

Trump-era media really is something else. Otherwise smart and interesting publications are working so hard to “appeal to both sides” that they’ve completely abandoned their integrity in the process. Take the Atlantic, who announced a new roster of high-profile columnists this week, including Kevin D Williamson – a writer who compared a nine-year-old black child to a primate, and who argued that women that have abortions – along with their doctors and nurses – should be executed by hanging. When I asked the Atlantic for comment, a spokesperson responded that the magazine has “a large number of contributors who represent a broad spectrum of views”. She wrote that while “diverse viewpoints” are core to the magazine’s mission, they have “strict standards for how these viewpoints are expressed in our pages”. In other words, the Atlantic doesn’t mind employing a marquee columnist who thinks women should be hanged for having abortions so long as he doesn’t say as much in the magazine. But believing America should execute women in genocidal numbers (one in four women in this country will have an abortion) is not a “diverse viewpoint” – and the fact that one of the nation’s leading political magazines could defend it as such indicates a serious moral crisis in mainstream media.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the manipulation of public perception.


'Dirty meat': Shocking hygiene failings discovered in US pig and chicken plants
2018-03-21, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/animals-farmed/2018/feb/21/dirty-meat-shocking-hy...

Shocking hygiene failings have been discovered in some of the US’s biggest meat plants, as a new analysis reveals that as many as 15% (one in seven) of the US population suffers from foodborne illnesses annually. A joint investigation by the Bureau of Investigative Journalism (TBIJ) and the Guardian found that hygiene incidents are at numbers that experts described as “deeply worrying”. US campaigners are calling once again for the closure of a legal loophole that allows meat with salmonella to be sold in the human supply chain, and also warn about the industry’s push to speed up production in the country’s meat plants. Unpublished US- government records highlight numerous specific incidents including: Diseased poultry meat that had been condemned found in containers used to hold edible food products; Pig carcasses piling up on the factory floor after an equipment breakdown, leading to contamination with grease, blood and other filth; Meat destined for the human food chain found riddled with faecal matter and abscesses filled with pus; High-power hoses being used to clean dirty floors next to working production lines containing food products; Factory floors flooded with dirty water after drains became blocked by meat parts and other debris; Dirty chicken, soiled with faeces or having been dropped on the floor, being put back on to the production line after being rinsed with dilute chlorine.

Note: Read more on the unsafe and unethical high speed slaughterhouses on track for USDA approval. For more along these lines, see concise summaries of deeply revealing food system corruption news articles from reliable major media sources.


How Big Wireless Made Us Think That Cell Phones Are Safe: A Special Investigation
2018-03-20, The Nation
https://www.thenation.com/article/how-big-wireless-made-us-think-that-cell-ph...

In January 1993, David Reynard sued the NEC America Company, claiming that his wife’s NEC phone caused her lethal brain tumor. After Reynard appeared on national TV, the story went viral. A week later, [Cellular Telecommunications and Internet Association president Tom] Wheeler announced that his industry would pay for a comprehensive research program. Cell phones were already safe, Wheeler told reporters; the new research would simply “re-validate the findings of the existing studies.” George Carlo seemed like a good bet to fulfill Wheeler’s mission. In 1995, Carlo began directing the industry-financed Wireless Technology Research project (WTR), whose eventual budget of $28.5 million made it the best-funded investigation of cell-phone safety to date. He and Wheeler would eventually clash bitterly over the ... findings, which Carlo presented to wireless-industry leaders on February 9, 1999. By that date, the WTR had commissioned more than 50 original studies and reviewed many more. Those studies raised “serious questions” about cell-phone safety. A livid Tom Wheeler began publicly trashing Carlo to the media. Wheeler’s tactics succeeded in dousing the controversy. In the years to come, the WTR’s cautionary findings would be replicated by numerous other scientists ... leading the World Health Organization in 2011 to classify cell-phone radiation as a “possible” human carcinogen and the governments of Great Britain, France, and Israel to issue strong warnings on cell-phone use by children.

Note: Read the complete article above to learn how far the wireless industry has gone to hide the dangers of its products from the public. Also worthy of attention is a Harvard study titled "How the Federal Communications Commission Is Dominated by the Industries It Presumably Regulates". For more along these lines, see concise summaries of deeply revealing news articles on the risks and dangers of wireless technologies.


'Catastrophe' as France's bird population collapses due to pesticides
2018-03-20, The Guardian/AFP
https://www.theguardian.com/world/2018/mar/21/catastrophe-as-frances-bird-pop...

Bird populations across the French countryside have fallen by a third over the last decade and a half, researchers have said. Dozens of species have seen their numbers decline, in some cases by two-thirds, the scientists said in a pair of studies – one national in scope and the other covering a large agricultural region in central France. “The situation is catastrophic,” said Benoit Fontaine, a conservation biologist at France’s National Museum of Natural History and co-author of one of the studies. A migratory song bird, the meadow pipit, has declined by nearly 70%. The museum described the pace and extent of the wipe-out as “a level approaching an ecological catastrophe”. The primary culprit, researchers speculate, is the intensive use of pesticides on vast tracts of monoculture crops, especially wheat and corn. The problem is not that birds are being poisoned, but that the insects on which they depend for food have disappeared. Recent research ... has uncovered similar trends across Europe. Flying insects have declined by 80%, and bird populations has dropped by more than 400m in 30 years. Despite a government plan to cut pesticide use in half by 2020, sales in France have climbed steadily, reaching more than 75,000 tonnes of active ingredient in 2014, according to European Union figures. “What is really alarming, is that all the birds in an agricultural setting are declining at the same speed, even ’generalist’ birds,” which also thrive in other settings such as wooded areas, said [ecologist Vincent] Bretagnolle.

Note: A United Nations report recently noted that pesticides have produced “catastrophic impacts on the environment, human health and society as a whole”, and condemned the pesticide industry for aggressively promoting lies about the usefulness of their products. For more along these lines, see concise summaries of deeply revealing food system corruption news articles from reliable major media sources.


Cambridge Analytica, Trump-Tied Political Firm, Offered to Entrap Politicians
2018-03-19, New York Times
https://www.nytimes.com/2018/03/19/us/cambridge-analytica-alexander-nix.html

Sitting in a hotel bar, Alexander Nix, who runs the political data firm Cambridge Analytica, had a few ideas for a prospective client looking for help in a foreign election. The firm could send an attractive woman to seduce a rival candidate and secretly videotape the encounter, Mr. Nix said, or send someone posing as a wealthy land developer to pass a bribe. “We have a long history of working behind the scenes,” Mr. Nix said. The prospective client, though, was actually a reporter. The encounter was secretly filmed as part of a monthslong investigation into Cambridge Analytica, the data firm with ties to President Trump’s 2016 campaign. The results of Channel 4’s work were broadcast ... days after reports ... that the firm had harvested the data from more than 50 million Facebook profiles in its bid to develop techniques for predicting the behavior of individual American voters. Less noticed has been the work that Cambridge Analytica and its parent company, the SCL Group, have done outside the United States. “Many of our clients don’t want to be seen to be working with a foreign company,” he told the Channel 4 reporter. “We can set up fake IDs and websites.” Mr. Nix ... boasted that Cambridge Analytica employs front companies and former spies on behalf of political clients. The information that is uncovered ... is then put “into the bloodstream to the internet,” said Mark Turnbull, another Cambridge executive. “Then watch it grow,” he added. “It has to happen without anyone thinking, ‘That’s propaganda.’”

Note: Watch an astounding video revealing how Cambridge Analytica has successfully manipulated national elections around the world using sleazy tactics like pretty women to entrap candidates and offering major bribes while recording the exchange. And here is a video featuring the whistleblower who exposed this.


No CEO should earn 1,000 times more than a regular employee
2018-03-18, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/business/2018/mar/18/america-ceo-worker-pay-gap-n...

The CEO of Marathon Petroleum, Gary Heminger, took home an astonishing 935 times more pay than his typical employee in 2017. One of Marathon’s gas station workers would have to toil more than nine centuries to make as much as Heminger grabbed in just one year. Employees of at least five other US firms would have to work even longer – more than a millennium – to catch up with their top bosses. These companies include the auto parts maker Aptiv (CEO-worker pay ratio: 2,526 to 1), the temp agency Manpower (2,483 to 1), amusement park owner Six Flags (1,920 to 1), Del Monte Produce (1,465 to 1), and apparel maker VF (1,353 to 1). These revelations come thanks to a new federal regulation that requires publicly traded US corporations to disclose, for the first time ever, how much their chief executives are making compared with their median workers. The disclosures are just now starting to flow in. Ever since 2010, the year Congress plugged a ratio disclosure mandate into the Dodd-Frank financial reform act, corporate lobbyists have been scheming to delay and repeal that mandate’s implementation. But responsible investors and other activists rallied and kept the mandate in place. The new ratios offer a benchmark for corporate greed that exposes exactly which firms are sharing the wealth their employees create and which aren’t, knowledge we can use to impose consequences on the corporations doing the most to make the United States more unequal.

Note: For more along these lines, see concise summaries of deeply revealing income inequality news articles from reliable major media sources.


‘I made Steve Bannon’s psychological warfare tool’: meet the data war whistleblower
2018-03-18, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/news/2018/mar/17/data-war-whistleblower-christoph...

At 24, [Christopher Wylie] came up with an idea that led to the foundation of a company called Cambridge Analytica, a data analytics firm that went on to claim a major role in the Leave campaign for Britain’s EU membership referendum, and later became a key figure in digital operations during Donald Trump’s election campaign. In 2014, Steve Bannon ... was Wylie’s boss. And Robert Mercer, the secretive US hedge-fund billionaire and Republican donor, was Cambridge Analytica’s investor. The idea they bought into was to bring big data and social media to an established military methodology – “information operations” – then turn it on the US electorate. By [2017], Steve Bannon had become Trump’s chief strategist. Cambridge Analytica’s parent company, SCL, had won contracts with the US State Department and was pitching to the Pentagon, and Wylie was genuinely freaked out. “It’s insane,” he told me one night. “The company has created psychological profiles of 230 million Americans. And now they want to work with the Pentagon? It’s like Nixon on steroids.” He ended up showing me a tranche of documents that laid out the secret workings behind Cambridge Analytica. Wylie ... came up with a plan to harvest the Facebook profiles of millions of people in the US, and to use their private and personal information to create sophisticated psychological and political profiles. And then target them with political ads designed to work on their particular psychological makeup.

Note: Billionaire Robert Mercer used this new new technology to build a corporate empire capable of swinging elections by using military propaganda strategies on civilian populations. The above article further details how mass media is being combined with Big Data to produce powerful new forms of mind control. Watch an astounding video revealing how Cambridge Analytica has successfully manipulated national elections around the world.


Schwarzenegger says he wants to sue global oil companies for first-degree murder
2018-03-13, CNBC/USA Today
https://www.cnbc.com/2018/03/13/schwarzenegger-says-he-wants-to-sue-global-oi...

Arnold Schwarzenegger says he is going after Big Oil and climate change. The actor and former governor of California said in a Politico-sponsored podcast ... that he is in talks with law firms about possibly suing global oil companies "for knowingly killing people all over the world." "The oil companies knew from 1959 on, they did their own study that there would be global warming happening because of fossil fuels, and on top of it that it would be risky for people's lives, that it would kill," Schwarzenegger said. "I don't think there's any difference: If you walk into a room and you know you're going to kill someone, it's first degree murder; I think it's the same thing with the oil companies," he said. In the podcast, Schwarzenegger compares the issue to the tobacco industry. "The tobacco industry knew for years and years and years and decades, that smoking would kill people ... and were hiding that fact from the people and denied it," Schwarzenegger said. "Then eventually they were taken to court and had to pay hundreds of millions of dollars because of that." He argues that every gas station, car and product with fossil fuels should have a warning label on it. He hopes that this will raise awareness about cleaner cars and alternative fuels. "We're going to go after them. Because to me it's absolutely irresponsible to know that your product is killing people and not have a warning label on it, like tobacco," he said.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and climate change.


The more opioids doctors prescribe, the more money they make
2018-03-11, CNN News
https://www.cnn.com/2018/03/11/health/prescription-opioid-payments-eprise/ind...

As tens of thousands of Americans die from prescription opioid overdoses each year, an exclusive analysis by CNN and researchers at Harvard University found that opioid manufacturers are paying physicians huge sums of money - and the more opioids a doctor prescribes, the more money he or she makes. The CNN/Harvard analysis looked at 2014 and 2015, during which time more than 811,000 doctors wrote prescriptions to Medicare patients. Of those, nearly half wrote at least one prescription for opioids. Fifty-four percent of those doctors - more than 200,000 physicians - received a payment from pharmaceutical companies that make opioids. Among doctors in the top 25th percentile of opioid prescribers by volume, 72% received payments. Among those in the top fifth percentile, 84% received payments. Among the very biggest prescribers ... 95% received payments. On average, doctors whose opioid prescription volume ranked among the top 5% nationally received twice as much money from the opioid manufacturers, compared with doctors whose prescription volume was in the median. Pharmaceutical company payments to doctors are not unique to opioids. Drug companies pay doctors billions of dollars for various services. In 2015, 48% of physicians received some pharmaceutical payment. The CNN and Harvard findings are in line with other studies suggesting that money from drug companies does influence a doctor's prescribing habits.

Note: From 1999 to 2015, over 183,000 people died from prescription opioid overdoses in the US. A CBS article titled, "Ex-DEA agent: Opioid crisis fueled by drug industry and Congress" describes major regulatory failures that contributed to this crisis. For more along these lines, see concise summaries of deeply revealing Big Pharma corruption news articles from reliable major media sources.


One thing Democrats and Republicans apparently agree on: Destabilizing the banking sector again
2018-03-09, Los Angeles Times
http://www.latimes.com/opinion/op-ed/la-oe-dayen-deregulation-bank-bill-20180...

Next week marks the 10th anniversary of the run on Bear Stearns, the investment bank that collapsed under the weight of toxic subprime mortgages ... leading to the biggest economic crisis in nearly a century. That seems like a terrible political backdrop for the Senate to pass a bill that deregulates the banking sector. But that's exactly what's about to happen. The Economic Growth, Regulatory Relief and Consumer Protection Act, which pro-regulation groups have called the "Bank Lobbyist Act," advanced in the Senate this week. The ... Congressional Budget Office stated [that the] legislation would increase the risk of another [financial crisis] happening. The bill ... rolls back key pieces of the Dodd-Frank Act and includes giveaways to large institutions of the same size and scope as the ones that crashed the economy in 2008. The most important measure in the legislation raises the threshold for enhanced regulatory supervision by the Federal Reserve from $50 billion to $250 billion. The beneficiaries, 25 of the top 38 banks in America, could be called "stadium banks:" not big enough to count as Wall Street mega-banks, but big enough to have a sports stadium named after them. Nearly all giant foreign banks with operations in the U.S. could enjoy the same weaker rules. Why would more than one-third of the Senate Democratic caucus provide the margin of victory on [this] bill. The answer is simple: money. The top three recipients of campaign donations from commercial banks since 2017 are Democrats. This whole process reveals that bipartisanship usually arrives in Washington at the barrel of a money cannon.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the financial industry.


Monsanto concealed effects of toxic chemical for decades, Ohio AG alleges
2018-03-06, NBC News
https://www.nbcnews.com/news/us-news/monsanto-concealed-effects-toxic-chemica...

Ohio Attorney General Mike DeWine sued agricultural giant Monsanto on Monday, alleging the company concealed dangers posed by a toxic chemical compound it manufactured for nearly a half century. In the suit ... prosecutors argued that the company should pay for the clean-up of what it says are dozens of rivers, lakes and other water bodies contaminated with polychlorinated biphenyls, or PCBs. The company stopped manufacturing the chemical in 1977 and it was banned in 1979 by the Environmental Protection Agency. According to the suit, Monsanto produced nearly all of the PCBs - which were used in everything from lubricants to electrical equipment - in the United States between 1929 and 1977. The chemical has been linked to cancer, liver damage and other negative health effects. The suit alleges that Monsanto learned of PCBs’ toxic effects in the 1930s, yet it kept producing the compound while concealing its effects. The suit claims the company acknowledged that prolonged exposure could produce "systemic toxic effects" in an internal memo in 1937, so it undertook a "decades-long campaign of misinformation and deception."

Note: Other major lawsuits are beginning to unfold over Monsanto's lies to regulators and the public on the dangers of its products, most notably Roundup. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and health.


America's horrifying new plan for animals: highspeed slaughterhouses
2018-03-06, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/commentisfree/2018/mar/06/ive-seen-the-hidden-hor...

If you care about animal welfare or food safety, this news will concern you: the nationwide expansion of a risky US Department of Agriculture (USDA) high-speed slaughter program is imminent. There is still time to stop it. The USDA is now accepting public comments on its proposed rule that it euphemistically dubbed the “Modernization of Swine Slaughter Inspection”. As a former undercover investigator who worked inside a pig slaughterhouse operating under the pilot project that was, at the time, called HIMP, I’ve seen firsthand the hazardous and cruel nature of this controversial program. This expanded program ... would allow facilities to increase slaughter speeds, while reducing the number of trained government inspectors on the lines. The result is problems that can – and do – go unnoticed. For nearly six months, I worked undercover inside Quality Pork Processors (QPP). An exclusive Hormel Foods supplier, QPP kills about 1,300 pigs every hour operating under the high-speed pilot program. I documented pig carcasses covered in feces and abscesses being processed for human consumption, and workers ... beating, dragging, and electrically prodding pigs to make them move faster. NSIS may also allow higher numbers of sick and injured pigs too weak even to stand (known as “downers”) to be slaughtered for food. In 2016, a letter from 60 members of Congress to the USDA stated “the available evidence suggests the hog HIMP will undermine food safety.”

Note: The above was written by Scott David, a former undercover investigator at Compassion Over Killing, a national animal protection organization. For more, see concise summaries of deeply revealing news articles on corruption in government and in the food system.


Facebook survey asks users if they condone pedophilia
2018-03-05, New York Post
https://nypost.com/2018/03/05/facebook-survey-asks-users-if-they-condone-pedo...

Facebook is under fire for publishing a stomach-churning survey that asked users whether pedophiles should be allowed to solicit "sexual pictures" from underage girls. The cringeworthy poll surfaced at the top of Facebook's home page for an unspecified number of users this past weekend, according to a report. "In thinking about an ideal world where you could set Facebook's policies, how would you handle the following: a private message in which an adult man asks a 14-year-old girl for sexual pictures," one question in the survey reads. The disgusting multiple-choice poll gave users the option to condone the sick behavior, allowing them to vote that the "content should be allowed on Facebook, and I would not mind seeing it." Another possible, nausea-inducing response was that "the content should be allowed on Facebook, but I don't want to see it." The twisted survey was spotted by an editor at the Guardian, who published screenshots. Yet another ... question asked users who should decide whether pedophilic content was allowed on Facebook – users, Facebook and users, just Facebook or an outside entity. On Monday, the social networking giant headed by Mark Zuckerberg admitted that it was a "mistake" to publish the survey, which appeared to suggest that Facebook execs were openly debating whether to allow pedophiles on the site. "We run surveys to understand how the community thinks about how we set policies," Facebook vice president Guy Rosen said.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and sexual abuse scandals from reliable major media sources.


Amazon paid no US income taxes for 2017
2018-02-27, San Francisco Chronicle (San Francisco's leading newspaper)
https://www.sfgate.com/business/tech/article/Amazon-paid-no-US-income-taxes-f...

Amazon won't pay any federal income taxes after topping $5.6 billion in income in 2017. The Seattle-based online retailer will end up paying out roughly $769 million in taxes for the year, but $724 million of that will be in foreign taxes. That's according to an analysis of the online behemoth's 2017 10-K form, which "provides a comprehensive overview of the company's business and financial condition," according to the Securities and Exchange Commission. Public companies are required to submit the form every year to the SEC. Without being privy to the company's tax return, no one can say exactly how CEO Jeff Bezos and Co. avoided what could have been more than $1.3 billion in federal taxes based solely on the annual financial report, but there is information to be gleaned. For example, Amazon took out a $917 million tax deduction on stock options exercised by current or former employees. Unlike wages ... the stock options don't require any cash expenditures by the company. Another ingredient in the low tax bill is likely capital expenditure depreciation ... where companies are allowed to write off the cost of some expenses - say those incurred while building a distribution center, for example - up front. [Amazon] earned a windfall from the Trump administration's U.S. Tax Cuts and Jobs Act of 2017, passed in December. Amazon readjusted estimates for taxes deferred under the old 35 percent corporate tax rate to meet the new tax law's 21 percent figure, which resulted in an estimated $789 million reduction.

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