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As the World Conference on Racism opens, EJ activists pledge to highlight environmental racism. Sam Olukoya looks at the connection between oil disasters in the Niger Delta and racism.
Billionaire businessmen and lobbyists are lining up to help Donald Trump after his victory in the U.S. presidential election. Trump appears to be welcoming them with open arms, despite his claim to bring change to Washington DC and get rid of special interests.
The U.S. Congress saw no progresses toward corporate accountability and reining in corporate influence over public institutions in 2013, according to the newly released Corporate Accountability Coalition (CAC) Congressional Report Card.
U.S. corporations gave away $18.15 billion in charitable donations in 2012 - a combination of cash, grants, and in-kind goods - up 12.2 percent in nominal terms over the previous year. A closer look reveals profit motives, notably for pharmaceutical companies and retail chain Wal-Mart.
To understand the pervasive corruption in Greek politics, it is necessary to examine the company that has probably paid the biggest bribes to both major parties: Siemens from Munich, Germany, a company with contracts in practically every ministry from culture to telecommunications.
The Sarbanes-Oxley Act of 2002 encouraged the Securities and Exchange Commission to fine corporate executives if they certified financial results that turned out to be bogus. The record suggests a bark decidedly worse than its bite. The SEC has filed cases against 31 executives at only 20 companies so far and recovered a total of $12.2 million from nine former executives to date.
The midterm elections are days away, but the winners are virtually certain: the corporations and conservative operatives like Karl Rove who have taken advantage of the Supreme Court's Citizens United ruling to establish a well-heeled "shadow party" of networked trade associations and G.O.P. front groups.
Originally posted on June 1 on The Huffington Post.
The bracing reality that America has two sets of rules -- one for the
corporate class and another for the middle class -- has never been more
indisputable.
One question has vexed the Obama administration and Congress since the start of the financial crisis: how to prevent big bank bailouts. In the last year and a half, the largest financial institutions have only grown bigger, mainly as a result of government-brokered mergers. They now enjoy borrowing at significantly lower rates than their smaller competitors, a result of the bond markets' implicit assumption that the giant banks are "too big to fail."
The Supreme Court's 5 to 4 decision in Citizens United v FEC rolled back long-standing restrictions on corporate campaign finance donations. At the crux of the decision was a determination that corporations have a right to free speech. The court ruled that limiting the amount that companies can spend promoting their favored candidates is tantamount to denying First Amendment rights.
Originally posted on January 15 at Dirt Diggers Digest.
Originally posted on 9 September at http://www.commondreams.org/view/2009/09/09-11
Can things get still worse in Washington?
Yes, they can. And
they will, if the Supreme Court decides for corporations and against
real human beings and their democracy in a case the Court will be
hearing today, Citizens United v. Federal Election Commission.
The question at the heart of one of the biggest Supreme Court cases this year is simple: What constitutional rights should corporations have? The legal doctrine underlying this debate is known as "corporate personhood."