The U.S. counter terrorism apparatus was used to monitor the Occupy Movement nationwide
by Beau Hodai
, Center for Media and Democracy; DBA Press
On May 20, 2013, DBA Press and the Center for Media and Democracy
released the results of a year-long investigation: "Dissent or Terror:
How the Nation's Counter Terrorism Apparatus, In Partnership With
Corporate America, Turned on Occupy Wall Street.”
The report, a distillation of thousands of pages of records obtained
from counter terrorism/law enforcement agencies, details how
state/regional "fusion center" personnel monitored the Occupy Wall
Street movement over the course of 2011 and 2012.
The report also examines how fusion centers and other counter terrorism entities that
have emerged since the terrorist attacks of September 11, 2001 have
worked to benefit numerous corporations engaged in public-private
intelligence sharing partnerships.
While the report examines many instances of fusion center monitoring
of Occupy activists nationwide, the bulk of the report
details how counter terrorism personnel engaged in the Arizona Counter
Terrorism Information Center (ACTIC, commonly known as the "Arizona fusion center") monitored and otherwise surveilled citizens active in
Occupy Phoenix, and how this surveillance benefited a number of
corporations and banks that were subjects of Occupy Phoenix protest
Everything Is Rigged: The Biggest Price-Fixing Scandal Ever
by Matt Taibbi
, Rolling Stone
Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game. We found this out in recent months, when a series of related corruption stories spilled out of the financial sector, suggesting the world's largest banks may be fixing the prices of, well, just about everything.
How to Liberate America
by David Korten
How is it that our nation is awash in money, but too broke to provide jobs and services? David Korten introduces a landmark new report, “How to Liberate America from Wall Street Rule.”
Jeff Rubin: Oil and the End of Globalization
by Jeff Rubin
According to Jeff Rubin, we are poised on the brink of massive change. Dependent as it is on cheap oil, our global civilization is about to get the shock of its life.
Systems of trade, of finance, of shipping and manufacturing, of labor and international relations are all about to be rearranged. Get ready for a new world -- one in which domestic manufacturing will be reinvigorated and the products and services we still enjoy will start coming from places much closer to home. There will be winners as well as losers when the age of globalization comes to an end. Distance will soon cost money, and so will burning carbon -- both will bring long-lost jobs back home.
'Companies are rarely innocent bystanders': Q&A with Irene Khan
by Critical Resources - Khan
Until the end of 2009, Irene Khan was Secretary General of Amnesty International…Her new book 'The Unheard Truth: Poverty and Human Rights' argues that current efforts to reduce global poverty through economic growth fail to consider the human rights of the poor
Using Financial Reform to Promote Deregulation
by Phil Mattera
, Dirt Diggers Digest
Growing public rage over Wall Street misbehavior has snapped the Senate out of its lethargy on financial reform. Amid the get-tough posturing, however, the impulse to lighten the regulatory “burden” on business has not completely disappeared.
Dems Zero In on Corporate Campaign Funding
Sen. Charles Schumer is looking to put a check on corporate campaign financing, contesting the notion—promoted by the Supreme Court earlier this year—that big corporations have a constitutional right to spend unlimited amounts on political campaigns.
The Sickening Abuse Of Power At The Heart of Wall Street
by Simon Johnson
, Baseline Scenario
Here’s where we stand with regard to democratic discourse on the future our financial system: leading bankers will not come out to debate the issues in the open (despite being approached by reputable intermediaries after our polite challenge was issued) – sending instead their “astro turf” proxies to spread KGB-type disinformation.
Fraud on the Street
by Robert Reich
The Securities and Exchange Commission announced Monday it had begun an inquiry into two dozen financial companies to determine whether they followed accounting practices similar to those recently disclosed in an investigation of Lehman Brothers.
Wall Street's Race to the Bottom
by Elizabeth Warren
Banking is based on trust. The banks get our paychecks and hold our savings; they know where we spend our money and they keep it private.
Investors could only lose in Goldman's Caymans deals
by Greg Gordon
When financial titan Goldman Sachs joined some of its Wall Street rivals in late 2005 in secretly packaging a new breed of offshore securities, it gave prospective investors little hint that many of the deals were so risky that they could end up losing hundreds of millions of dollars on them.
The Story of Cap & Trade
by Annie Leonard
Cap and trade is one of the main climate change "solutions" under discussion. In a new nine-minute film, Annie Leonard, creator of The Story of Stuff, offers a warning about what she considers the dangers of cap and trade.
Michel Chossudovsky on Manipulated Markets
Centre for Research on Globalization (CRG)
Causes and consequences of the financial meltdown; The speculative onslaught; Financial fraud and the "bank bailouts";
Bankruptcy of the real economy; Impacts on employment, wages and social services; Towards a spiralling public debt; The economic crisis and its relationship to the Middle East war;
The centralization of corporate power; The concentration of wealth; The globalization of poverty.
Thievery Under the TARP
by Robert Scheer
We are being robbed big-time, but you can’t say we haven’t been warned. Not after the release Tuesday of a scathing report by the Treasury Department’s special inspector general, who charged that the aptly named Troubled Asset Relief Program is rife with mismanagement and potential for fraud.
Banks still in distress, Geithner tells overseers
by TOM RAUM Associated Press Writer
, Evansville Courier Press
America's banks are still broken despite all their bailout billions, Treasury Secretary Timothy Geithner told impatient rescue overseers Tuesday as they pressed him on when things will get better and how much it will cost. A bleak new report estimated U.S. banks and other financial institutions could lose a stunning $2.7 trillion in all.
G20 'make or break', Soros says
by Joe Lynam
In a BBC interview, Mr Soros said the international financial system had collapsed because it was flawed and it had to be restructured.
Naomi Klein: We’ve Got to Make Obama Do It!
by Matthew Hoffman
, Common Dreams
In her best-selling book, The Shock Doctrine: The Rise of Disaster Capitalism, Naomi Klein outlines the disturbing trend of governments using crisis as a means for corporate profit-advancement. She cites Hurricane Katrina, 9/11, and Pinochet's Chile as examples of the practice.
Wall Street Robber Barons Ride Again
by Robert Scheer
Why rush to throw another $350 billion of taxpayer money at the Wall Street bandits and their political cronies who created the biggest financial mess since the Great Depression?
2009: Top Ten Business Social Risks
by Michael Shtender-Auerbach
, Huffington Post
The year 2008 saw the worst financial crisis since the 1930s. Global stock exchanges, housing markets, banks have collapsed and the cost of fuel, feed, and food have risen greatly. We have seen unprecedented nationalization of entire industries by free-market governments. Yes, from homeowners to workers to bankers, 2008 was certainly a year many would like to forget.
Ethics still matter in hard times
by Ruth Sunderland and Zoe Wood
The difficult economic climate makes corporate integrity more important than ever, since many investors and customers base their decisions on social and environmental issues. In our second annual guide, The Observer reveals Britain's most and least - ethical companies
Lehman Bros head took home $300m
The head of failed US investment bank Lehman Brothers has told Congress that he took home about $300m in pay and bonuses over the past eight years.
Dirty Fuels Have No Place in Bailout Deal
Today, Karen Wayland, Legislative Director for Natural Resources Defense Council (NRDC), issued the following statement regarding the inclusion of tax incentives for dirty fuels in the economic recovery package:
Clean Tech Investing At Record High
by Jaymi Heimbuch
Tired of hearing about record lows on Wall Street? I have some happy news. Cleantech Group reports that venture firms poured a full $2.6 billion into 158 clean tech companies globally during the third quarter of 2008. That’s a 37% increase from last year, and 17% increase over last quarter.
The Financial Re-Regulatory Agenda
by Robert Weissman
As the Federal Reserve and Treasury Department careen from one financial meltdown to another, desperately trying to hold together the financial system -- and with it, the U.S. and global economy -- there are few voices denying that Wall Street has suffered from "excesses" over the past several years.
Dire warnings fail to sway senators on big bailout
by Jeannine Aversa AP
Senators dug in their heels Tuesday, pushing back against dire warnings from the government's top economic officials of recession, layoffs and lost homes if Congress doesn't quickly approve the Bush administration's emergency $700 billion financial bailout plan.
Congress Eyes Oversight In Wall Street Cleanup
by David Welna
Congress takes up the massive bill to bail out the nation's financial institutions this week, where the theme might be "anything but clean." So far lawmakers are focusing their concerns on oversight, helping homeowners and questioning CEO salaries.
The Bear Stearns Conspiracy
by Nicholas von Hoffman
, The Nation
This is one scandal the National Enquirer has not reported. No babies with mystery fathers, no former vice presidential candidates cowering in a hotel basement to escape the paparazzi.
Countrywide's Mozilo target of SEC probe: report
The formal U.S. Securities and Exchange Commission investigation of Countrywide Financial Corp concerns whether the mortgage lender's former chief executive, Angelo Mozilo, violated insider trading laws and whether the company's financial disclosures misled investors, the Los Angeles Times said Friday, citing people close to the probe.
Corporate Breakdown-Counting the Costs: the price of consolidation in the professional services industry
by Julian Oram
, New Economics Foundation
January 8th, 2002
"Until the spectacular collapse of the Enron corporation in December 2001, the accountancy profession was held in the highest regard by financial analysts, government officials and individual investors. While not considered the most glamorous profession, accountants tend to be viewed as solid, reliable number-crunchers, keeping a watchful eye on the books and guarding shareholders from the reckless whims of cowboy executives..."