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January 15 2014

08:00

Leaked TPP 'Environment Chapter' Shows 'Corporate Agenda Wins'

Common Dreams - By Jon Queally - Jan. 15 (News Report) - Confirming the suspicions and fears of environmental campaigners and concerned individuals across the globe, Wikileaks on Wednesday released a draft version of the 'Environment Chapter' from the Trans-Pacific Partnership (TPP), exposing most of the so-called "environmental protections" as toothless policies that serve to protect corporate profit not Mother Earth.

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December 07 2013

08:00

Walmart Is Not the Bargain You Might Think

truth-out.org - By Maura Stephens - Dec. 07 (Opinion) - People flock to Walmart for perceived bargains and convenience. Here are some facts that might keep them from adding their hard-earned cash to the profits of a company that's squashing lives and worker rights worldwide. Next time someone tells you they shop at Walmart because it's cheap or convenient, share this.

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08:00

Joe Stiglitz writes open letter to TPP negotiators

keionline.org - By James Love - Dec. 07 (News Report) - Professor Joseph Stiglitz has written an open letter to the TPP negotiators, asking that they resist proposals to weaken consumer rights in intellectual property. The letter identifies 12 specific "grave risks" in the IP Chapter, and calls upon negotiators to publish the investor state dispute resolution text.

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08:00

Catering to Boeing’s corporate demands is beneath us

seattletimes.com - By Danny Westneat - Dec. 07 (Opinion) - The notion that the commoners might take over the means of private production is, indeed, crazy. So isn’t it also crazy that we commoners now are being asked to finance the means of production? I’m referring to the ceaseless demands of the Boeing Co., which is becoming peerless in its pursuit of public subsidies.

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December 05 2013

08:00

Inside the Fight to Prevent Billions in International Money Laundering and Tax Shelters

AlterNet - By Micael Hudson - Dec. 05 (Special Report) - Britain has vowed to lift the secrecy covering the Cayman Islands and other financial sanctuaries operating under its flag. Dozens of rich nations have agreed — in an unprecedented example of global cooperation on offshore issues — to begin swapping information about assets stashed in foreign accounts. Another French president — François Hollande — has promised to “eradicate” tax havens. “Looks like the offshore party is over,” the Chicago Tribune said recently. Will this time be different? Many financial crime fighters are skeptical.

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December 04 2013

08:00

The Lies Behind This Transatlantic Trade Deal

readersupportednews.org - By George Monbiot - Dec. 04 (News Report) - All over Europe people are asking why this is happening; why we were not consulted; for whom it is being done. They have good reason to ask. The commission insists that its Transatlantic Trade and Investment Partnership should include a toxic mechanism called investor-state dispute settlement. Where this has been forced into other trade agreements, it has allowed big corporations to sue governments before secretive arbitration panels composed of corporate lawyers, which bypass domestic courts and override the will of parliaments.

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December 03 2013

08:00

Is Boeing a terrorist organization?

Crosscut.com - By Knute Berger - Dec. 03 (Opinion) - "Terrorism" is an extreme characterization for what Boeing is doing, but the consequences could still be damaging. The loss of jobs — especially well-paying union jobs — will be painful. But also damaging is a self-inflicted sense of panic. "We have become a fearful state where our aspirations are subordinate to our fears. We cannot even ask questions, but must do as we’re told. Corporatism, and its ceaseless rewards for the 1 percent, is a fealty demanded of both parties, even as the 99 percent — working families held hostage — reject their captor’s demands." Who said that? Radical Sawant? No, former Democrat state representative Brendan Williams, writing a Seattle Times oped about Boeing's bullying.

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September 09 2013

07:00

Multinationals Are Scheming to Build a 'Corporate Death Star' That Will Zap Democracy Across the Planet

AlterNet - By Dave Johnson - Sep. 09 (Special Report) - I am sounding the alarm. Right now governments and the giant multinational corporations are engaged in writing a treaty that would overrule national laws that try to rein in what these giant corporations can do to us.

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August 22 2013

07:00

Keeping a Massive Trade Deal Out of the Fast Lane

The Nation - By Zoe Carpenter - Aug. 22 (Special Report) - Lawmakers do have one critical decision to make regarding the TPP when they return to Washington this fall: whether to grant fast-track authority to President Obama. Fast-tracking (formally called Trade Promotion Authority) would allow Obama to sign the agreement prior to congressional approval, before legislators even read the final text. Congress would have to vote within ninety days to approve the deal retroactively, but debate would be limited and no amendments would be allowed. Fast-track authorization would limit Congress’s ability to address three major concerns with the TPP: the potentially harmful economic impacts of the deal, the very real prospect of the agreement superseding domestic policy in areas ranging from internet privacy to environmental and financial regulations and an unbalanced negotiating process and its likely outcome, both tipped towards corporate rather than public interest.

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August 18 2013

07:00

MBAs Without Borders

In These Times - By Cole Stangler - Aug. 18 (News Report) - As the House prepares to gut the immigration reform bill that passed the Senate, American trade negotiators are carving out their own deal behind closed doors that could allow multinational conglomerates to move white-collar employees across international borders with ease. The negotiations are part of the Trans-Pacific Partnership (TPP), a trade deal that, despite covering 40 percent of the global economy, remains so secretive that most members of Congress have never seen the text.

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July 19 2013

07:00

How a Libertarian Used Ayn Rand's Crazy Philosophy to Drive Sears Into the Ground

AlterNet - By Lynn Stuart Parramore - Jul. 19 (Special Report) - Eddie Lampert, the legendary hedge fund manager, was once hailed as the “ Steve Jobs of the investment world” and the second coming of Warren Buffett. These days, he claims the number 2 spot on Forbes’ list of America’s worst CEOs. He has destroyed Sears, the iconic retail giant founded in 1886, which used to be known as the place “Where America Shops.”

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July 09 2013

07:00

Secret TPP Deal Would Void Democracy

labornotes.org - By Jane Slaughter - Jul. 09 (Special Report) - Corporations could sue governments over laws not to their liking. They are already doing so under existing “trade” agreements, but TPP would vastly expand the number of corporations and countries involved. For example, Australia passed a law requiring plain packaging for cigarettes (no Joe Camel). U.S.-based Philip Morris is in court over predicted lost sales.

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July 07 2013

07:00

TPP--the 1% solution to democracy--government by corporate dictates

readersupportednews.org - By Jeanine Molloff - Jul. 07 (News Analysis) - Chances are that you've never heard of the Trans-Pacific-Pact/Free Trade Agreement, aka the TPP-FTA, and that is exactly the way the Obama administration (and its corporate bosses)-- would like to keep things. The mainstream (read: corporate), media has utterly left the American public in the dark on this skunk of a deal which surrenders our national, state and local sovereignity to corporate interests. The TPP as it is known in secretive corporate circles represents the most anti-democracy assault devised by trade representatives from some 600 corporations, including Halliburton, Chevron, PhaRMA, Comcast and the Motion Picture Association of America (MPAA).

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August 28 2012

07:00

Dave Eggers' Gem of a New Novel Goes Right After the Decadence and Heartlessness of Corporate Capitalism | Alternet

AlterNet - By Chris Hedges - Aug. 28 (Review) - Dave Eggers’ gem of a book, “A Hologram for the King,” is a parable about the decadence, fragility and heartlessness of late, decayed corporate capitalism. It is about the small, largely colorless men and women who serve as managers in our suicidal outsourcing of manufacturing jobs and the methodical breaking of labor unions. It is about the lie of globalization, a lie that impoverishes us all to increase corporate profits.

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July 23 2012

07:00

Dark side of a Bain success

Salon - By Art Levine - Jul. 23 (Investigative Report) - Our investigation found previously unreported allegations of abuse and neglect in at least 10 CRC residential drug and teen care facilities across the country, including three I visited undercover in Utah and California. With rare exceptions, such incidents have largely escaped notice because the programs are, thanks to lax state regulations, largely unaccountable. Court documents and ex-staffers also allege that such incidents reflect, in part, a broader corporate culture at Aspen’s owner, CRC Health Group, a leading national chain of treatment centers. Lawsuits and critics have claimed that CRC prizes profits, and the avoidance of outside scrutiny, over the health and safety of its clients.

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May 09 2012

07:00

From Coal to Foreclosures, Bank of America Faces Protest at Shareholders Meeting in Charlotte

Democracy Now - By Amy Goodman - May. 09 (News Report) - Occupy Wall Street protesters, environmental activists, and struggling homeowners are converging in Charlotte today for a protest outside Bank of America’s annual shareholder meeting. The protesters are calling attention to the bank’s involvement in the financial crisis, its support for the coal industry, and its long record of alleged foreclosure abuses.

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April 28 2012

07:00

The iEconomy: Apple’s Tax Strategy Aims at Low-Tax States and Nations

New York Times - By Charles Duhigg, David Kocieniewski - Apr. 28 (News Report) - Apple serves as a window on how technology giants have taken advantage of tax codes written for an industrial age and ill suited to today’s digital economy.

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April 27 2012

07:00

Are CEO Bonuses Wrecking the Wider Economy?

finance.yahoo.com - Apr. 27 (News Analysis) - In an editorial in daily newspaper "Evening Standard," Mount wrote that, for 30 years after WW II, the UK had become a more equal and open society but now "it is painfully obvious that social mobility has slowed again and a new super-class is soaring out of sight." "Without knowing why or how, we seem to have hatched our own oligarchs, and we stand aghast and bewildered at this flock of monstrous cuckoos," Mount wrote.

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April 23 2012

07:00

Corrupt Wal-Mart: Bribery Goes Unchecked While Corporate HQ Focuses on PR, Breaks International Laws | AlterNet

AlterNet - By Julianne Escobedo Shepherd - Apr. 23 (Investigative Report) - More gross insider info about corrupt mega-corporation Wal-Mart: the New York Times has run an extended expose about how, faced with charges that Wal-Mart de Mexico used bribery and other tactics to force its own "market dominance," the company spent more time fixing its public image than actually fixing the problem. Which is to say: they likely broke the law in both the United States and Mexico, but neglected to stop it:

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April 06 2012

07:00

3 Corporate Myths that Threaten the Wealth of the Nation

AlterNet - By William Lazonick, Ken Jacobson, Lynn Parramore - Apr. 06 (Opinion) - We need to confront some powerful myths of corporate governance as part of a movement to make corporations work for the 99%. To start, we have to recognize these corporations for what they are not. • They are not “private enterprise.” • They should not be run to “maximize shareholder value.” • The mega-millions in remuneration paid to top corporate executives are not determined by the “market forces” of supply and demand.

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