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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.


Are Your Sperm in Trouble?
2017-03-11, New York Times
https://mobile.nytimes.com/2017/03/11/opinion/sunday/are-your-sperm-in-troubl...

An increasing proportion of sperm - now about 90 percent in a typical young man - are misshapen, sometimes with two heads or two tails. Even when properly shaped, today’s sperm are often pathetic swimmers. Sperm counts also appear to have dropped sharply in the last 75 years, in ways that affect our ability to reproduce. Andrea Gore, a professor of pharmacology at the University of Texas at Austin and the editor of the journal Endocrinology, put it to me this way: “Semen quality and fertility in men have decreased. Not everyone who wants to reproduce will be able to. And the costs of male disorders to quality of life, and the economic burden to society, are inestimable.” Human and animal studies suggest that a crucial culprit is a common class of chemical called endocrine disruptors, found in plastics, cosmetics, couches, pesticides and countless other products. Because of the environmental links, The New Yorker once elegantly referred to the crisis as “silent sperm,” and innumerable studies over 25 years add to the concern. Related to the problem of declining semen quality is an increase in testicular cancer in many countries; in undescended testicles; and in a congenital malformation of the penis. The crisis for male reproductive health seems to begin in utero. Male and female fetuses start pretty much the same, and then hormones drive differentiation of males from females. The problem seems to be that endocrine disrupting chemicals mimic hormones and confuse this process.

Note: Glyphosate, the main ingredient in Monsanto's RoundUp, is the most heavily used agricultural chemical in human history. Even at extremely low levels, glyphosate is a known endocrine disruptor. For more along these lines, see concise summaries of deeply revealing health news articles from reliable major media sources.


As many as 48 million Twitter accounts aren't people, says study
2017-03-10, CNBC News
https://www.cnbc.com/2017/03/10/nearly-48-million-twitter-accounts-could-be-b...

According to new research from the University of Southern California and Indiana University, up to 15 percent of Twitter accounts are in fact bots rather than people. Researchers at USC used more than one thousand features to identify bot accounts on Twitter, in categories including friends, tweet content and sentiment, and time between tweets. Using that framework, researchers wrote that "our estimates suggest that between 9% and 15% of active Twitter accounts are bots." Since Twitter currently has 319 million monthly active users, that translates to nearly 48 million bot accounts, using USC's high-end estimate. The report goes on to say that complex bots could have shown up as humans in their model, "making even the 15% figure a conservative estimate." At 15 percent, the evaluation is far greater than Twitter's own estimates. In a filing with the SEC last month, Twitter said that up to 8.5 percent of all active accounts contacted Twitter's servers "…without any discernable additional user-initiated action." USC's researchers ... highlight the benefits of some bots, writing, "many social bots perform useful functions, such as dissemination of news and publications…" But the USC report also points to the downside of bots, saying, "there is a growing record of malicious applications of social bots. Some emulate human behavior to manufacture fake grassroots political support [and] promote terrorist propaganda and recruitment."

Note: The use of social media to manipulate public perception has reportedly influenced recent elections in Latin America, the UK, and the US. For more along these lines, see concise summaries of deeply revealing corporate corruption news articles from reliable major media sources.


Facebook Reports BBC to Police Over Investigation Into Child Sex Images
2017-03-09, New York Times
https://www.nytimes.com/2017/03/09/business/media/bbc-facebook-police-sex-chi...

When Angus Crawford, a journalist at the British Broadcasting Corporation, started reporting on sexualized images of children on Facebook, he knew he had to proceed with caution. Mr. Crawford ... began investigating the presence of obscene images of children on Facebook last year, [and] found that pedophiles were using secret pages to share images of children. A subsequent police investigation led to one man being imprisoned. This year, [Mr. Crawford] followed up and found that there were still images on the website that appeared to break Facebook guidelines, which state that the social media company will remove any content that promotes sexual violence or exploitation. Mr. Crawford reported the images using Facebook’s internal system, but the company took down only 18 of the 100 that he flagged. He then contacted the social network directly ... and was asked to provide examples of images that he had reported. When he provided examples ... the company reported Mr. Crawford and the BBC to the police. The company filed its report with the Child Exploitation and Online Protection Center. Facebook has said it is improving its system for reporting offensive content, but the incident has raised questions about exactly how it polices its site. Mr. Crawford ... noted an apparent contradiction between the view of Facebook’s moderation system, which determined that the photos were not in breach of the social network’s guidelines, and the company’s decision to report the BBC to the police.

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.


'Aggressive' firms peddling myth pesticides are needed to feed world condemned by UN
2017-03-07, The Independent (One of the UK's leading newspapers)
http://www.independent.co.uk/news/science/pesticides-feed-world-lobby-un-huma...

The idea that pesticides are necessary to feed the world’s fast-growing population is “inaccurate and misleading”, a UN report has warned. The document, which is expected to be presented to the UN Human Rights Council this week, strongly denounced the “aggressive promotion” of pesticides by the industry as experts found the chemicals had “catastrophic impacts on the environment, human health and society as a whole”. [These impacts] have been exacerbated by corporations’ “systematic denial”, “aggressive, unethical marketing tactics” and by having “obstructed reforms and paralysed global pesticide restrictions globally”. Lobbyists have often defended pesticides as being necessary to increase yields as the world is facing threats of climate change impact. But the report debunks this idea. “The assertion promoted by the agrochemical industry that pesticides are necessary to achieve food security is not only inaccurate, but dangerously misleading. In principle, there is adequate food to feed the world; inequitable production and distribution systems present major blockages that prevent those in need from accessing it.” The report notes that while pesticides have “not succeeded in eliminating worldwide hunger”, studies indicate that food can contain “a cocktail of pesticides”. Washing has no effect on modern pesticides.

Note: Pesticide giant Monsanto was recently banned from the European parliament after shunning important hearings with regulators. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption and health.


UK debates: Are high heel dress codes sexist?
2017-03-06, Salt Lake Tribune/Associated Press
http://www.sltrib.com/home/5020582-155/uk-debates-are-high-heel-dress

In a debate that has gone from office corridors to Britain's Parliament, lawmakers put their foot down Monday and told employers to stop making women wear high heels as part of corporate dress codes. Members of Parliament debated a ban on mandatory workplace high heels in response to a petition started by a receptionist who was sent home without pay for wearing flat shoes. The debate was nonbinding, but the government promised to act against heel-height rules, makeup guidelines and other corporate codes that apply to women but not to men. Labour lawmaker Helen Jones, who helped lead a parliamentary investigation into dress codes, said she and her colleagues were shocked by what they found. "We found attitudes that belonged more - I was going to say in the 1950s, but probably the 1850s would be more accurate, than in the 21st century," she told lawmakers at Parliament's Westminster Hall. The British government says the law already forbids companies from discriminating against women, but a report from Parliament's Women and Equalities Committee found that "discriminatory dress codes" remain commonplace in sectors including the retail and tourism industries. The committee said it had heard from hundreds of women "who told us about the pain and long-term damage caused by wearing high heels for long periods in the workplace, as well as from women who had been required to dye their hair blonde, to wear revealing outfits and to constantly reapply makeup."

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


Sick, dying and raped in America's nursing homes
2017-02-27, CNN News
http://www.cnn.com/interactive/2017/02/health/nursing-home-sex-abuse-investig...

The unthinkable is happening at facilities throughout the country: Vulnerable seniors are being raped and sexually abused by the very people paid to care for them. It's impossible to know just how many victims are out there. But through an exclusive analysis of state and federal data and interviews with experts, regulators and the families of victims, CNN has found that this little-discussed issue is more widespread than anyone would imagine. In cases reviewed by CNN, victims and their families were failed at every stage. Nursing homes were slow to investigate and report allegations because of a reluctance to believe the accusations - or a desire to hide them. Police viewed the claims as unlikely at the outset, dismissing potential victims because of failing memories or jumbled allegations. State regulators failed to flag patterns of repeated allegations against a single caregiver. It's these systemic failures that make it especially hard for victims to get justice - and even easier for perpetrators to get away with their crimes. Using inspection reports filed between 2013 and 2016 [a CNN analysis] found that the federal government has cited more than 1,000 nursing homes for mishandling or failing to prevent alleged cases of rape, sexual assault and sexual abuse at their facilities during this period. And nearly 100 of these facilities have been cited multiple times during the same period. These numbers likely represent only a fraction of the alleged sexual abuse incidents in nursing homes nationwide.

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


Robert Mercer: the big data billionaire waging war on mainstream media
2017-02-26, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/politics/2017/feb/26/robert-mercer-breitbart-war-...

I Googled “mainstream media is…” And there it was. Google’s autocomplete suggestions: “mainstream media is… dead, dying, fake news, fake, finished”. Google’s first suggested link ... leads to a website called CNSnews.com and an article: “The Mainstream media are dead.” How had it, an obscure site I’d never heard of, dominated Google’s search algorithm on the topic? In the “About us” tab, I learn CNSnews is owned by the Media Research Center. It receives a large bulk of its funding – more than $10m in the past decade – from a single source, the hedge fund billionaire Robert Mercer. Robert Mercer is the money behind an awful lot of things. He was Trump’s single biggest donor. Since 2010, Mercer has donated $45m to different political campaigns – all Republican – and another $50m to non-profits – all rightwing, ultra-conservative. This is a billionaire who is ... trying to reshape the world according to his personal beliefs. He is reported to have a $10m stake in the [Cambridge Analytica], which was spun out of a bigger British company called SCL Group. It specialises in “election management strategies” and “messaging and information operations”, refined over 25 years. In military circles this is known as “psyops” – psychological operations. Cambridge Analytica makes the astonishing boast that it has psychological profiles based on 5,000 separate pieces of data on 220 million American voters. With this, a computer ... can predict and potentially control human behaviour. It’s incredibly dangerous.

Note: The above article provides a detailed look at how mass media is being combined with Big Data to produce powerful new forms of mind control.


China's zombie factories and unborn cities
2017-02-23, BBC News
http://www.bbc.com/future/story/20170223-chinas-zombie-factories-and-unborn-c...

Between 1984 and 2010, the amount of built-up areas in China increased nearly fivefold. To construct these new urban zones, China used more concrete in the three years between 2011 and 2013 than the whole of the United States used in the 20th Century. Yet even in the world’s second largest economy, the rate of development has overtaken demand. The shift from industries like steel production to electronics, telecommunications and biotechnology has happened very quickly. Europe and the United States underwent a similar shift over the course of several decades. China’s high-tech revolution took just a few years. [Some] factories that have been unable to survive these changes lie empty. This shifting industrial landscape has also left its mark on the cities built for the migrant workers. Large urban areas have become “ghost cities” [as] developers have gone bankrupt, leaving housing developments empty. A study by Chinese search giant Baidu identified 50 huge regions across the country where newly built residential housing was largely uninhabited. Photographer Kai Caemmerer has been documenting some of the empty cities in China for the past two years. He does not think the label “ghost town” is accurate. These places are built in anticipation of a need. In fact, an enormous relocation could soon be underway. The Chinese government has said it intends to move 100 million people from rural parts of the country into cities by 2020.

Note: The article above features many pictures of China's unique manufactured landscapes. For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the corporate world.


Banned In Germany: Kids' Doll Is Labeled An Espionage Device
2017-02-17, NPR
http://www.npr.org/sections/thetwo-way/2017/02/17/515775874/banned-in-germany...

A doll called My Friend Cayla listens a little too well, according to German regulators who say the toy is essentially a stealthy espionage device that shares what it hears and is also vulnerable to takeover by third parties. "Cayla ist verboten in Deutschland," says Jochen Homann, the president of Germany's Federal Network Agency (the Bundessnetzagentur), announcing a ban on the doll in Germany on Friday. His agency oversees electronic privacy as part of its telecommunications mandate. Cayla looks like an everyday doll and gives no notice that it collects and transmits everything it hears - in this case, to [Nuance], a voice-recognition company in the U.S. whose other customers include intelligence agencies. The My Friend Cayla doll remains for sale in the U.S., including via Amazon. Much of what the German agency says echoes the concerns of privacy and consumer advocates in the U.S., who filed a complaint against Cayla during the recent Christmas shopping season. They criticized the scope of what the Internet-connected toy captures, as well as the vulnerabilities it poses for users who link the doll with their smartphones. Consumer groups have also criticized the doll for its habit of praising commercial products, in what's often seen as a stealth marketing campaign that targets children. "For example, Cayla will happily talk about how much she loves different Disney movies," Norway's Consumer Council says. "Meanwhile, the app-provider has a commercial relationship with Disney."

Note: The use of artificial intelligence in a new Barbie doll generated controversy in 2015, while a New York Times article from that same year called "smart objects" a "train wreck in privacy and security". For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the disappearance of privacy.


Big Pharma really, really doesn't want you to know the true value of its drugs
2017-02-17, Los Angeles Times
http://www.latimes.com/business/lazarus/la-fi-lazarus-drug-pricing-evzio-2017...

The latest poster child for cruel and inhuman drug pricing is Kaleo Pharma, maker of an emergency injector for a med called naloxone, which is used as an antidote to save the lives of people who overdose on painkillers. As America’s opioid crisis reaches epidemic levels, Kaleo has jacked up the list price for its Evzio auto-injector by 600%, soaring from $690 several years ago to $4,500, according to lawmakers. Nearly three dozen senators wrote to Kaleo’s chief executive, Spencer Williamson, last week to say they were “deeply concerned” about the price hike and to note that it “threatens to price out families and communities that depend on naloxone to save lives." But that’s not what caught my attention. Rather, I was struck by the company’s answers to me about lawmakers’ concerns. In response to emailed questions, Williamson said that although the list price for Evzio is more than $4,000, that’s “not a true net price to anyone … due to numerous discounts and rebates that are negotiated in the supply chain that make up our healthcare system.” In other words, even though the price tag for his company’s easy-to-use, lifesaving device is ridiculous and indefensible, there’s no need to worry because backroom deals by assorted players in the healthcare food chain make that price tag meaningless. And that, in a nutshell, illustrates the lunacy of the U.S. healthcare system.

Note: For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption and income inequality.


Flurry of State Bills Introduced, Likely Backed by Oil Industry, to Penalize Electric Car Drivers
2017-02-16, Huffington Post
http://www.huffingtonpost.com/entry/flurry-of-state-bills-introduced-likely-b...

States across the U.S. have been introducing legislation that would punish people for switching to electric vehicles. Since the start of 2017, six states (Indiana, South Carolina, Kansas, Tennessee, New Hampshire, and Montana) have introduced legislation that would require EV owners to pay a fee of up to $180 a year. Sadly, this isn’t the first time people have been penalized for driving green. Wyoming, Colorado, Virginia, Nebraska, Missouri, Washington, North Carolina, Idaho, Georgia, and Michigan have all implemented yearly fees on electric and hybrid vehicles that vary from $50 to $300 per driver per year. Arizona’s and Arkansas’ respective Department of Transportations are also suggesting legislators cast a fee for EV ownership. Georgia, formerly the state with the second most EV sales, used to offer a tax credit of up to $5,000, but replaced the program with a $200 yearly fee that led to an 80 percent drop in EV sales. This attack is coming at a time when EVs are just starting to take off within the larger auto industry. Reportedly, for more than a year, Koch Industries has spent nearly $10 million dollars, and plans to do so every year, on a campaign to boost petroleum-based transportation fuels and attack government support for electric vehicles. When oil tycoons consider a rise in EV drivers to be a threat to their wallets, you know EVs are taking off.

Note: For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the corporate world.


Former Spain central bank chief investigated for failed IPO
2017-02-13, Seattle times/Associated Press
http://www.seattletimes.com/business/former-spain-central-bank-chief-investig...

Spain’s National Court is summoning the former heads of Spain’s central bank and the stock market watchdog to be questioned for failing to stop the disastrous flotation of a savings bank that had to be bailed out. Eight officials, including former Bank of Spain governor Miguel Angel Fernandez Ordonez and Julio Seguro, the former president of market regulator CNMV, allegedly failed to stop Bankia’s listing in 2011 despite “repeated warnings” the bank was “unviable,” according to an investigation led by the court’s magistrates. Created by merging the assets of seven struggling Spanish banks, Bankia offered shares in an initial public offering in July 2011 and initially reported a profit for the year of 309 million euro ($327 million.) Months later, it amended its statements to show a 3 billion euro loss. The lender was nationalized in 2012 after a rescue that cost Spanish taxpayers around 22 billion euros ($23 billion). Former International Monetary Fund chief Rodrigo Rato stepped down as chairman of Bankia at the time of the IPO. Rato since has been investigated in separate, but related cases of alleged corruption. Internal central bank reports made clear the savings bank’s “severe and growing problems of profitability, liquidity and solvency,” a court order issued Monday stated.

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


‘Shell knew’: oil giant's 1991 film warned of climate change danger
2017-02-08, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/environment/2017/feb/28/shell-knew-oil-giants-199...

The oil giant Shell issued a stark warning of the catastrophic risks of climate change more than a quarter of century ago in a prescient 1991 film that has been rediscovered. Shell’s 28-minute film, called Climate of Concern ... warned of extreme weather, floods, famines and climate refugees as fossil fuel burning warmed the world. A separate 1986 report, marked “confidential” and also seen by the Guardian, notes: “The changes may be the greatest in recorded history.” The predictions in the 1991 film for temperature and sea level rises and their impacts were remarkably accurate. Shell was one of the first major oil companies to accept the reality and dangers of climate change. But, despite this early and clear-eyed view of the risks of global warming, Shell invested many billions of dollars in highly polluting tar sand operations and on exploration in the Arctic. It also cited fracking as a “future opportunity” in 2016, despite its own 1998 data showing exploitation of unconventional oil and gas was incompatible with climate goals. Shell ... is estimated to have spent $22m in 2015 lobbying against climate policies, [and] has also been a member of industry lobby groups that have fought climate action. Another oil giant, Exxon Mobil, is under investigation ... for allegedly misleading investors about the risks climate change posed to its business. In early 2016, a group of congressmen asked the Department of Justice to also “investigate whether Shell’s actions around climate change violated federal law”.

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


U.S. Animal Abuse Records Deleted—What We Stand to Lose
2017-02-06, National Geographic
http://news.nationalgeographic.com/2017/02/wildlife-watch-usda-animal-welfare...

Two weeks into the Trump Administration, thousands of documents detailing animal welfare violations nationwide have been removed from the website of the United States Department of Agriculture (USDA), which has been posting them publicly for decades. These are the inspection records and annual reports for every commercial animal facility in the U.S. - including zoos, breeders, factory farms, and laboratories. These records have revealed many cases of abuse and mistreatment of animals, incidents that, if the reports had not been publicly posted, would likely have remained hidden. This action plunges journalists, animal welfare organizations, and the public at large into the dark about animal welfare at facilities across the country. The records document violations of the Animal Welfare Act, the federal law that regulates treatment of animals used for research and exhibition. Adam Roberts, CEO of Born Free USA, an animal advocacy nonprofit ... says the documents shed light on cruelty in “substandard roadside zoos, shameful animal circuses, puppy breeding factories and more.” From now on the documents will be accessible only via official requests made under the Freedom of Information Act (FOIA). FOIA requests can take months to process. That’s far too long, Roberts says. When Born Free receives welfare complaints from concerned citizens, he says the organization has always checked USDA records to see if any complaints had already been made involving the facility or animal in question.

Note: For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the corporate world.


Fukushima nuclear reactor radiation at highest level since 2011 meltdown
2017-02-03, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/environment/2017/feb/03/fukushima-daiichi-radiati...

Extremely high radiation levels have been recorded inside a damaged reactor at the Fukushima Daiichi nuclear power station, almost six years after the plant suffered a triple meltdown. Tokyo Electric Power (Tepco) said atmospheric readings as high as 530 sieverts an hour had been recorded inside the containment vessel of reactor No 2, one of three reactors that experienced a meltdown when the plant was crippled. Even if a 30-percent margin of error is taken into account, the recent reading, described by some experts as “unimaginable”, is far higher than the previous record of 73 sieverts an hour detected by sensors in 2012. A single dose of one sievert is enough to cause radiation sickness and nausea; 5 sieverts would kill half those exposed to it within a month, and a single dose of 10 sieverts would prove fatal within weeks. Quantities of melted fuel are believed to have accumulated at the bottom of the damaged reactors’ containment vessels, but dangerously high radiation has prevented engineers from accurately gauging the state of the fuel deposits. The extraordinary radiation readings highlight the scale of the task confronting thousands of workers, as pressure builds on Tepco to begin decommissioning the plant – a process that is expected to take about four decades. In December, the government said the estimated cost of decommissioning the plant and decontaminating the surrounding area ... had risen to 21.5tn yen (Ł150bn), nearly double an estimate released in 2013.

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


Trump Takes Aim At Dodd-Frank, Investor Protections Rule In Executive Action
2017-02-03, NPR
http://www.npr.org/2017/02/03/513224023/trump-to-take-aim-at-dodd-frank-inves...

Trump Takes Aim At Dodd-Frank, Investor Protections Rule In Executive Action
February 3, 2017, NPR
http://www.npr.org/2017/02/03/513224023/trump-to-take-aim-at-dodd-frank-investor...

President Trump signed two directives on Friday, ordering a review of financial industry regulations known as Dodd-Frank and halting implementation of a rule that requires financial advisers to act in the best interests of their clients, according to a senior administration official who briefed reporters on condition of anonymity. Trump himself made his intentions clear. "Dodd-Frank is a disaster," Trump said. "We're going to be doing a big number on Dodd-Frank." These executive actions are the start of a Trump administration effort to reverse or revise financial regulations put in place by the Obama administration. [One] directive will instruct the Treasury secretary to meet with the agencies that oversee the law to identify possible changes. It isn't clear yet how long the review would take, but the official says every aspect of the law will be considered. A second directive would call on the Department of Labor to defer implementation of an Obama-era rule, known as the Fiduciary Rule, requiring financial advisers to act in the best interests of their clients in retirement planning. The deadline for implementation was supposed to be April. Backers of the rule say it will prevent advisers from gouging customers by selling them inappropriate, high-fee products. This rule has been heavily lobbied. Dodd-Frank, passed in 2010, [was intended] to implement comprehensive safeguards to monitor and regulate financial institutions so their potential failures would not pose a risk to the entire economy.

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


Extreme Vetting, But Not for Banks
2017-02-03, Rolling Stone
http://www.rollingstone.com/politics/features/extreme-vetting-but-not-for-ban...

Donald Trump, the man who positioned himself as the common man's shield against Wall Street, signed a series of orders today calling for reviews or rollbacks of financial regulations. Before he ordered a review of both the Dodd-Frank Act and the fiduciary rule requiring investment advisors to act in their clients' interests, [Trump met] with leading CEOs, including JPMorgan's Jamie Dimon, Blackstone's Steve Schwarzman, and BlackRock's Larry Fink. Former Goldman honcho Gary Cohn [is] Trump's chief economic advisor. It would be hard to put together a group of people less sympathetic to the non-wealthy. The two primary disasters in American history this century ... have been 9/11 and the 2008 financial crisis, which cost 8.7 million people their jobs and may have destroyed as much as 45 percent of the world's wealth. The response to 9/11 we know: major military actions all over the world, plus a radical reshaping of our legal structure, with voters embracing warrantless surveillance, a suspension of habeas corpus, even torture. But the crisis response? Basically, we gave trillions of dollars to bail out the very actors who caused the mess. Now ... we've triumphantly put those same actors back in charge. These egomaniacal Wall Street titans want ... to get rid of the fiduciary rule, because they don't think it's anyone's business if they choose to bet against their clients (as Cohn's Goldman famously did), or overcharge them, or otherwise screw them.

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


Trump had a good idea on drug costs. He ditched it after meeting with pharma execs.
2017-02-02, Chicago Tribune
http://www.chicagotribune.com/business/ct-trump-drug-costs-20170202-story.html

It was Tuesday morning. The new president was about to go into a meeting with chief executives from Johnson & Johnson, Merck and a handful of other major pharma companies. During his campaign, he often said that if he were elected, the federal government would start negotiating with the drug companies over the prices Medicare and Medicaid had to pay for drugs -- something it's now prevented from doing by statute. Pharma companies were "getting away with murder," he said on Jan. 10. A few weeks later, he claimed that the government would save $300 billion if it could negotiate prices. "We don't do it," he said. "Why? Because of the drug companies." "We have to get prices down," he says at the beginning of the meeting with cameras rolling. "We have no choice." Then the doors were closed. When they opened again, Trump had not only abandoned his promise to use the government's bargaining power to bring down drug prices, he was now totally against it! "I'll oppose anything that makes it harder for smaller, younger companies to take the risk of bringing their product to a vibrantly competitive market," he said. "That includes price-fixing by the biggest dog in the market, Medicare, which is what's happening." He accused an agency that has no power to negotiate prices of "price-fixing." And so it was that after one meeting with pharma CEOs, Trump was turned around on his one good idea and embraced instead yet another nonsensical one.

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


Monsanto’s Mind-Meld; Spin Machine in High Gear
2017-01-31, Huffington Post
http://www.huffingtonpost.com/carey-gillam/monsantos-mind-meld-spin_b_1452869...

Corporate spin is nothing new. Whether it’s cigarettes or sugar-laden sodas, the companies that make billions from such products employ a variety of strategies to promote the good and bury the bad. But the tactics being unveiled by Monsanto and surrogates over glyphosate, the key ingredient in Monsanto’s Roundup herbicide and the lynchpin for the success of genetically engineered crops, are noteworthy for the depths of their deception. The latest move, the formation of a group called “Campaign for Accuracy in Public Health Research”, (CAPHR) clearly promotes an agenda opposite to that which its name implies. Formed this month by the American Chemistry Council, whose membership includes Monsanto and other chemical industry titans, the group’s express purpose is to discredit the International Agency for Research on Cancer (IARC), a unit of the World Health Organization. An IARC scientific team declared in March 2015 that glyphosate was a probable human carcinogen after reviewing an extensive body of published research on the subject. Monsanto and friends have been harassing IARC ever since through a series of demands, threats and legal maneuvers, including lobbying the U.S. House of Representatives to cut funding for IARC. The new campaign takes the assault further. Embedded in the industry’s truth-twisting tactics is the characterization of anyone who gives credence to scientific research showing problems with glyphosate, or the GMOs that go with it, as “anti-science.”

Note: The negative health impacts of Monsanto's Roundup are well known. Big lawsuits are building over Monsanto's lies to regulators and the public about the safety of glyphosate. For more along these lines, see concise summaries of deeply revealing news articles on GMOs and the corruption of science.


California gets closer to requiring cancer warning label on Roundup weed killer
2017-01-27, Los Angeles Times/Associated Press
http://www.latimes.com/business/la-fi-roundup-cancer-20170127-story.html

California can require Monsanto to label its popular weed killer Roundup as a possible cancer threat even though the chemical giant insists it poses no risk to people, a judge tentatively ruled Friday. California would be the first state to order such labeling if it carries out the proposal. Monsanto had sued the nation's leading agricultural state, saying California officials illegally based their decision for carrying the warnings on findings by an international health organization based in France. Critics take issue with Roundup's main ingredient, glyphosate. It is sold in more than 160 countries, and farmers in California use it on 250 types of crops. The chemical is not restricted by the U.S. Environmental Protection Agency. But the International Agency for Research on Cancer, a Lyon, France-based branch of the U.N. World Health Organization, classified the chemical as a “probable human carcinogen.” Shortly afterward, the most populated U.S. state took its first step in 2015 to require the warning labels. Once a chemical is added to a list of probable carcinogens, the manufacturer has a year before it must attach the label. Dozens nationwide ... are suing Monsanto, claiming the chemical gave them or a loved one cancer.

Note: The negative health impacts of Monsanto's Roundup are well known. More lawsuits are building over Monsanto's lies to regulators and the public about the safety of glyphosate. Yet the EPA used industry studies while ignoring independent studies to declare Roundup safe. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption and health.


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