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Corporate Corruption Media Articles

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How the Koch brothers built the most powerful rightwing group you've never heard of
2018-09-26, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/us-news/2018/sep/26/koch-brothers-americans-for-p...

A little-known, billionaire-funded organization, called Americans for Prosperity (AFP), has tilted American politics to the right. [It] is at the center of the political network created and directed by the billionaire conservative industrialists, Charles and David Koch. AFP has quietly pushed behind the scenes for many of the most important conservative victories across the nation, including the anti-union bills that passed in former union strongholds such as Wisconsin, Michigan, and Ohio. AFPs laser-like focus on anti-union legislation ... reflects strategic calculations. AFP has recognized that to make lasting change in US politics, the Koch network would need to permanently weaken the organizations that support liberal candidates and causes and above all, the labor movement. In constructing AFP, the Kochs have created a vehicle that is perfectly positioned to reshape American politics. AFP focuses on both elections and policy battles at all levels of government. Its activities are mostly centrally directed. And even though grassroots participants do not have much say in the direction of the group, AFP has nearly 3 million citizen activists signed up to mobilize for candidates and policy causes. Taken together, AFPs grassroots volunteers and staffing rival those of the Republican party itself. By providing resources to support GOP candidates and officials, and exerting leverage on them once elected, AFP has been able to pull the Republican party to the far right on economic, tax and regulatory issues.

Note: The Koch brothers' secretive empire spent nearly $1 billion on US elections in 2016. Along with opposing organized labor, this empire has been killing public transit projects across the country. For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the manipulation of public perception.


The man who beat Monsanto: 'They have to pay for not being honest'
2018-09-26, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/business/2018/sep/25/monsanto-dewayne-johnson-can...

Dewayne Johnson tries not to think about dying. Doctors have said the 46-year-old cancer patient could have months to live. The father of three and former school groundskeeper has been learning to live with the gift and burden of being in the spotlight in the month since a California jury ruled that Monsanto caused his terminal cancer. The historic verdict against the agrochemical corporation, which included an award of $289m, has ignited widespread health concerns about the worlds most popular weedkiller. Johnson ... was the first person to take Monsanto to trial on allegations that the global seed and chemical company spent decades hiding the cancer risks of its herbicide. He is also the first to win. The groundbreaking verdict further stated that Monsanto acted with malice and knew or should have known that its chemicals were dangerous. The chemical that changed Johnsons life is glyphosate, which Monsanto began marketing as Roundup in 1974. The corporation presented the herbicide as a technological breakthrough that could kill nearly every weed without posing dangers to humans or the environment. Roundup products are now registered in 130 countries. Glyphosate can be found in food, water sources and agricultural workers urine. Research ... has repeatedly raised concerns about potential harms linked to the herbicide. In 2015, the World Health Organizations international agency for research on cancer classified glyphosate as probably carcinogenic to humans.

Note: The EPA continues to use industry studies to declare Roundup safe while ignoring independent scientists. A recent independent study published in a scientific journal also found a link between glyphosate and gluten intolerance. Internal FDA emails suggest that the food supply contains far more glyphosate than government reports indicate. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and health.


There Were 1 Billion Monarch Butterflies. Now There Are 93 Million.
2018-09-26, Yahoo/Esquire
https://www.yahoo.com/entertainment/were-1-billion-monarch-butterflies-150300...

The Congressional Pollinator Protection Caucus, which is an actual thing, held a bipartisan twilight event that involved the release of 50 monarch butterflies into the darkening sky. This was a nice moment. As Rep. Marcy Kaptur, Democrat of Ohio, said, "We should all be able to agree on butterflies." The CPPC is serious business. Between the destruction of monarch habitats ... and the ongoing mystery of colony collapse among the bees, American agriculture is endangered. In 2017, according to the Center For Biological Diversity, the overwintering population of monarchs dropped by a third. The butterfly's dramatic decline has been driven in large part by the widespread planting of genetically engineered crops. The vast majority of U.S. corn and soybeans are genetically engineered for resistance to Monsanto's Roundup herbicide, a potent killer of milkweed, the monarch caterpillar's only food. The dramatic surge in the use of Roundup ... has virtually wiped out milkweed plants in the Midwest's corn and soybean fields. Overall monarchs have declined by more than 80 percent over the past two decades. In the mid-1990s the population was estimated at nearly one billion butterflies, but this years population is down to approximately 93 million butterflies. The [Trump] administration is determined to defang the Endangered Species Act while a review of the monarch's status under the ESA is pending.

Note: Recently, Monsanto's Roundup herbicide was also linked to the rapid decline of bee populations by a major study. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption and GMOs.


Study: Toxic Air Events Happening On More Flights Than FAA Reports
2018-09-24, CBS (San Francisco affiliate)
https://sanfrancisco.cbslocal.com/2018/09/24/study-shows-toxic-air-events-hap...

A flawed design in almost all airplanes is putting flight attendants and pilots at risk, and passengers can unknowingly become victims as well. On July 16, 2018, at 3:43 p.m., Flight 1097 ... made an emergency landing. There were sick passengers on board. People were being hospitalized, said an Alaska Airlines flight attendant. Were calling her Jane to ... protect her from feared retaliation. The crew felt symptoms of nausea. That is what caused the diversion, said Jane. Contaminated air leaked into the cabin on that diverted flight and that it wasnt the first time it had happened. It is whats known in the industry as a fume event. Workers ... are fearful of speaking out. Anybody who is trying to communicate about these instances, they have been pulled in by the company and threatened with their jobs, said Jane. The travelling public is, for the most part, unaware that they could be at risk. [The airlines] have known about it for a long time, said aviation attorney Mike Danko. We get about five fume events per day in the U.S. Danko says toxic cabin air has been a known concern ... going back 50 years. At extremely high temperatures, all oils used in jet engines give off fumes. The fumes contain ... neurotoxins. Same stuff that is used in nerve gas, explained Danko. We have had cases where one pilot was essentially totally incapacitated, and the other pilot although having difficulties managed to land the plane, and that has happened more than a few times, without question, said Danko.

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


Shell and Exxon's secret 1980s climate change warnings
2018-09-19, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/environment/climate-consensus-97-per-cent/2018/se...

Recently, secret documents have been unearthed detailing what the energy industry knew about the links between their products and global warming. In the 1980s, oil companies like Exxon and Shell carried out internal assessments of the carbon dioxide released by fossil fuels, and forecast the planetary consequences of these emissions. In 1982, for example, Exxon predicted that by about 2060, CO2 levels would reach around 560 parts per million double the preindustrial level and that this would push the planets average temperatures up by about 2C over then-current levels. in 1988, an internal report by Shell projected similar effects but also found that CO2 could double even earlier, by 2030. Privately, these companies did not dispute the links between their products, global warming, and ecological calamity. On the contrary, their research confirmed the connections. The effect is all the more chilling in view of the oil giants refusal to warn the public about the damage that their own researchers predicted. Although the details of global warming were foreign to most people in the 1980s, among the few who had a better idea than most were the companies contributing the most to it. Despite scientific uncertainties, the bottom line was this: oil firms recognized that their products added CO2 to the atmosphere, understood that this would lead to warming, and calculated the likely consequences. And then they chose to accept those risks on our behalf, at our expense, and without our knowledge.

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


Former Fugitive Pablo Duran Sr. Pleads Guilty in Trafficking Case
2018-09-18, PBS
https://www.pbs.org/wgbh/frontline/article/former-fugitive-pablo-duran-sr-ple...

Former fugitive Pablo Duran, Sr., who sat down in an exclusive interview with FRONTLINE for its investigation Trafficked in America, has pleaded guilty to encouraging illegal entry of Guatemalan nationals, some of them minors, for financial gain. His plea and conviction are part of a major trafficking plot in 2014 that saw Guatemalan teenagers smuggled across the border into America and compelled into grueling labor at egg farms in Ohio against their will. Duran, Sr., also known as Pablo Duran Ramirez, is one of seven people to have been convicted for their role in the case. Duran Ramirez admitted he had been fully aware some of the people brought on at Trillium Farms in Ohio were undocumented minors, and that the process of getting them to Ohio involved bullying and strong-arm tactics. Duran Ramirez co-owned a contracting company, Haba Corporate Services, which Trillium Farms hired and paid approximately $6 million to between 2013 and 2014 to find workers. One family ... owed Castillo-Serrano $15,000 for shuttling their son into the United States. The family put the deed of their house on the line as collateral. Once in the U.S., the young Guatemalans were sent to the egg farm to work off their parents debt - and routinely had most of their paycheck confiscated to cover it. If they complained, they became targets. Many of my friends told me that they received death threats, one former Trillium employee [said]. They would kill their father or mother, if they didnt want to pay or work.

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


Ten Years After The Financial Crisis, The Contagion Has Spread To Democracy Itself
2018-09-15, Huffington Post
https://www.huffingtonpost.com/entry/financial-crisis-10-years-later-ben-bern...

By the time Lehman Brothers filed for the largest bankruptcy in American history on Sept. 15, 2008, the country had been navigating stormy global financial waters for more than a year. Throughout the mess, the Federal Reserve and the U.S. Treasury had been permitting the largest banks in the country to funnel as much cash as they wanted to their shareholders ― even as it became clear those same banks could not pay their debts. Ben Bernanke, Hank Paulson and Timothy Geithner ... didnt really rescue the banking system. They transformed it into an unaccountable criminal syndicate. Since the crash, the biggest Wall Street banks have been caught laundering drug money, violating U.S. sanctions against Iran and Cuba, bribing foreign government officials, making illegal campaign contributions to a state regulator and manipulating the market for U.S. government debt. Citibank, JPMorgan, Royal Bank of Scotland, Barclays and UBS even pleaded guilty to felonies for manipulating currency markets. Not a single human being has served a day in jail for any of it. As a percentage of each familys overall wealth, the poorer you were, the more you lost in the crash. The top 1 percent of U.S. households ultimately captured more than half of the economic gains over the course of the Obama years, while the bottom 99 percent never recovered their losses from the crash. The result has been a predictable and terrifying resurgence of authoritarian politics unseen since the Second World War.

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


Transparency Hasnt Stopped Drug Companies From Corrupting Medical Research
2018-09-14, New York Times
https://www.nytimes.com/2018/09/14/opinion/jose-baselga-research-disclosure-b...

In order to get prescription drugs approved by the Food and Drug Administration, companies must conduct clinical trials to show that the drugs are safe and effective. But drug companies dont have direct access to human subjects, so theyve always contracted with academic researchers to conduct the trials on patients in teaching hospitals and clinics. Traditionally, they gave grants to the institutions for interested researchers to test their drugs, then waited for the results and hoped that their products looked good. That began to change in the 1980s, partly as a result of a new law that permitted researchers and their institutions, even if funded by the National Institutes of Health ... to patent their discoveries and license them exclusively to drug companies in return for royalties. That made them business partners, and the sponsors became intimately involved in all aspects of the clinical trials. Drug company involvement biases research in ways that are not always obvious, often by suppressing negative results. A review of 74 clinical trials of antidepressants, for example, found that 37 of 38 positive studies that is, studies that showed that a drug was effective were published. But 33 of 36 negative studies were either not published or published in a form that conveyed a positive outcome. Bias can also be introduced through the design of a clinical trial. Its often possible to make clinical trials come out the way you and your sponsors want. Disclosure is better than no disclosure, but it does not eliminate the conflict of interest.

Note: The above was written by Marcia Angell, former editor of The New England Journal of Medicine. For more, see this mercola.com article. Then see concise summaries of deeply revealing Big Parma corruption news articles from reliable major media sources.


Ten Years After the Crash, Weve Learned Nothing
2018-09-13, Rolling Stone
https://www.rollingstone.com/politics/politics-features/financial-crisis-ten-...

On Saturday, September 13th, 2008, the world was about to end. The New York Federal Reserve was a zoo. The crowd included future Treasury Secretary Timothy Geithner, then-Treasury Secretary (and former Goldman Sachs CEO) Hank Paulson, the representatives of multiple regulatory offices, and the CEOs of virtually every major bank in New York. In the twin collapses of top-five investment bank Lehman Brothers and insurance giant AIG, Wall Street saw a civilization-imperiling ball of debt hurtling its way. The legend of that meeting ... is that the tough-minded bank honchos found a way to scrape up just enough cash to steer the debt-comet off course. The plan included a federal bailout of incompetent AIG, along with key mergers Bank of America buying Merrill, Barclays swallowing the sinking hull of Lehman, etc. The legend is bull. Accurate chronicles of the crisis period [include] the just-released Financial Exposure by Elise Bean of the Senate Permanent Subcommittee on Investigations. The crisis response dramatically accelerated two huge problems. First, we made Too Big To Fail worse by making the companies even bigger and more dangerous through ... state-aided mergers. In the next crisis, letting losers lose will be even more unimaginable. Secondly, an already-serious economic inequality issue became formalized. The people responsible for the crisis werent just saved, but made beneficiaries of another decade of massive unearned profits.

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


Abusive media moguls harmed more than just individual women. They shaped a misogynistic culture.
2018-09-13, Washington Post
https://www.washingtonpost.com/lifestyle/style/abusive-media-moguls-harmed-mo...

The powerful and now-departed men of CBS - [Les] Moonves, [Jeff] Fager and star interviewer Charlie Rose - helped shape how our society sees women. The network, after all, is the most-watched in the nation. 60 Minutes for 50 years has been the very definition of quality broadcast journalism: the gold standard. Its impossible to know how different America would be if power-happy and misogynistic men hadnt been running the show in so many influential media organizations - certainly not just CBS. What if Mark Halperin, for instance, had not been a network commentator during the 2016 presidential campaign? (James Wolcott of Vanity Fair aptly described him as ... the most influential of the men who were felled by sexual-misconduct allegations last year.) What if Bill OReilly of Fox News hadnt been the biggest cable TV star in the nation when a woman had a major-party presidential nomination for the first time? (OReilly was forced out after it emerged that he had made a $32 million settlement with an accuser.) What if Roger Ailes hadnt presided for decades over Fox News, where his own well-documented abuses bled freely into his networks commentary. A media figure doesnt have to show up for a business meeting in an open bathrobe to do harm. He can help frame the coverage of a candidates supposedly disqualifying flaws. He can squelch a writers promising work. He can threaten an underlings job if she doesnt stay in line. All these little moments add up.

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


CBS Chief Executive Les Moonves Steps Down After Sexual Harassment Claims
2018-09-09, New York Times
https://www.nytimes.com/2018/09/09/business/les-moonves-longtime-cbs-chief-ma...

Leslie Moonves, the longtime chief executive of the CBS Corporation, stepped down on Sunday night from the company he led for 15 years. His fall from Hollywoods highest echelon was all but sealed after the publication earlier in the day of new sexual harassment allegations against him. Mr. Moonves ... could still walk away with more than $120 million. However, [he] will not receive any severance payment until the completion of an independent investigation into the allegations. He has been under intense pressure since July, when The New Yorker published an article by the investigative journalist Ronan Farrow in which six women accused Mr. Moonves of sexual harassment. On Sunday, the magazine published another article by Mr. Farrow in which six more women detailed claims against Mr. Moonves. Mr. Moonves is the latest high-powered entertainment figure to be ousted from his perch in the #MeToo era. The movie producer Harvey Weinstein has been accused by scores of women of sexual assault and now faces felony charges. Matt Lauer stepped down as the anchor of NBCs most valuable news program, Today, after several women alleged incidents of sexual harassment. Charlie Rose of CBS and PBS left the airwaves after he, too, was implicated by multiple women. And Fox News saw the departures of the founding executive Roger Ailes and its top-rated host, Bill OReilly. The allegations go back years in some cases even decades.

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


Beyond Alex Jones: Twitter and Facebook face heat over alleged bias
2018-09-07, Christian Science Monitor
https://www.csmonitor.com/Business/2018/0907/Beyond-Alex-Jones-Twitter-and-Fa...

Two weeks ago, conservative commentator David Harris Jr. took a video of himself posting to Facebook. Why video something so common? Because he had a hunch what would happen. Sure enough, his post went through, but a photo of a letter that accompanied the post mysteriously vanished and did not show up in his feed until days later proof, he said, that the sharing service was biased against conservatives. At a Wednesday House committee meeting, Twitter CEO Jack Dorsey was barraged with examples from Republican congressmen of how conservative voices were being suppressed on its service. On the same day, the US Department of Justice announced that Attorney General Jeff Sessions would meet with state attorneys general to discuss concerns tech companies "may be hurting competition and intentionally stifling the free exchange of ideas on their platforms." The immediate result is increasing and bipartisan pressure for social media platforms to be more transparent about their algorithms and how they block certain content. Longer-term, the threat is more regulation of the platforms, something that even free-market conservatives are reluctantly talking about doing if social media doesnt clean up its act. Twitters Dorsey and Facebooks chief operating officer Sheryl Sandberg repeatedly denied that their companies were trying to tip the scales for or against any party or political ideology. But the pileup of anecdotal evidence clearly has exasperated conservative lawmakers.

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


Ronan Farrows Ex-Producer Says NBC Impeded Weinstein Reporting
2018-08-30, New York Times
https://www.nytimes.com/2018/08/30/business/media/ronan-farrow-weinstein-prod...

In October, when Ronan Farrow published his first article in The New Yorker on the alleged transgressions of Harvey Weinstein, people in the media and entertainment industries wondered how NBC had missed the story. After all, Mr. Farrow had spent months gathering material on the mogul when he was with NBC News. Now a producer who worked closely with Mr. Farrow has accused the network of putting a stop to the reporting, saying the order came from the very highest levels of NBC. Rich McHugh, the producer, who recently left his job in the investigative unit of NBC News, is the first person affiliated with NBC to publicly charge that the network impeded his and Mr. Farrows efforts to nail down the story of Mr. Weinsteins alleged sexual misconduct. He called the networks handling of the matter a massive breach of journalistic integrity. Three days before Ronan and I were going to head to L.A. to interview a woman with a credible rape allegation against Harvey Weinstein, I was ordered to stop, not to interview this woman, Mr. McHugh said. And to stand down on the story altogether. There was a point in our reporting where I felt there were obstacles to us reporting this externally, and there were obstacles to us reporting this internally, the producer said. Externally, I had Weinstein associates calling me repeatedly. I knew that Weinstein was calling NBC executives directly. One time it even happened when we were in the room.

Note: NBC's chief executive stepped down amid sexual harassment claims 10 days after this article came out. For more along these lines, see concise summaries of deeply revealing news articles on media corruption and sexual abuse scandals.


SF Roundup case demonstrates importance of independence in scientific evidence
2018-08-29, San Francisco Chronicle (San Francisco's leading newspaper)
https://www.sfchronicle.com/opinion/openforum/article/SF-Roundup-case-demonst...

Its been three weeks since a San Francisco jury found that exposure to Monsantos Roundup herbicides contributed to former school groundskeeper Dewayne Lee Johnsons terminal cancer and awarded a stunning $289 million in damages. During that time, weve seen repeated assertions from the pesticide giant and its allies that, in fact, the jury was wrong. Corporate assurances of safety leave out one important word - a word that is critically important to anyone who wants to make an informed decision about the cancer risk associated with ... glyphosate-based herbicides. That word is independent. Truly independent research has shown that there is reason for concern. Independent and peer-reviewed works ... convinced the cancer research arm of the World Health Organization to determine that glyphosate is a probable human carcinogen. In the wake of that WHO finding, California added glyphosate to the states list of cancer-causing chemicals. Monsantos response to that 2015 classification was more manipulated science. An independent review of glyphosate showed up in a peer-reviewed scientific journal decrying the IARC classification. The review not only was titled as being independent, but declared that no Monsanto employee had any involvement in the writing of it. Yet the companys internal emails, turned over in discovery associated with the litigation, revealed that a Monsanto scientist in fact aggressively edited and reviewed the analysis prior to its publication.

Note: The EPA continues to use industry studies to declare Roundup safe while ignoring independent scientists. A recent independent study published in a scientific journal also found a link between glyphosate and gluten intolerance. Internal FDA emails suggest that the food supply contains far more glyphosate than government reports indicate. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption and health.


Elizabeth Warren introduces sweeping ethics bill
2018-08-21, CBS News
https://www.cbsnews.com/news/elizabeth-warren-unveils-anti-corruption-legisla...

Sen. Elizabeth Warren on Tuesday introduced what she describes as the most ambitious anti-corruption legislation since Watergate. Warren's Anti-Corruption and Public Integrity Act ... aims to nix the influence of big money in politics. The legislation would "padlock" the revolving door in Washington by placing a lifetime ban on lobbying by former members of Congress, presidents and agency heads. The legislation would also expand the definition of who is a lobbyist to anyone who spends any time attempting to influence government. The proposal would also prohibit the world's largest companies, something defined by a company's annual revenue or market capitalization, from hiring or paying any former senior government official for four years after they leave government. Former senior officials would also have to file income disclosures for four years after federal employment. Warren's legislation would also ban members of Congress, cabinet secretaries, federal judges and other top government officials from owning and trading stocks. Currently, members simply need to disclose their stocks and trades. The bill would also create an entirely new office designed to police public corruption, called the Office of the Public Integrity, to strengthen enforcement and investigate possible violations.

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


States Rush to Rein In Prescription Costs, and Drug Companies Fight Back
2018-08-18, New York Times
https://www.nytimes.com/2018/08/18/us/politics/states-drug-costs.html

States around the country are clamping down on pharmaceutical companies, forcing them to disclose and justify price increases, but the drug manufacturers are fighting back, challenging the state laws as a violation of their constitutional rights. Even more states are, for the first time, trying to regulate middlemen who play a crucial role by managing drug benefits for employers and insurers, while taking payments from drug companies in return for giving preferential treatment to their drugs. Twenty-four states have passed 37 bills this year to curb rising prescription drug costs. Maryland tried a particularly bold approach. After reports of huge increases in the prices of certain generic drugs, Maryland banned price gouging, defined as an unconscionable increase in the price of any essential off-patent or generic drug. A drug company that flouts the law could be fined $10,000 and be required to pay refunds to consumers. [A] lobby for generic drug companies ... filed suit to block the law, and the United States Court of Appeals for the Fourth Circuit, in Richmond, Va., struck down the law, saying it interfered with interstate commerce in violation of the Constitution. In a lengthy dissent, Judge James A. Wynn Jr. said that Maryland should be able to protect the health and welfare of its citizens. The court, he said, was accepting the drug companies view that they were constitutionally entitled to impose conscience-shocking price increases on consumers.

Note: Read how a major drug price increase nearly bankrupted the city of Rockford, Illinois. For more along these lines, see concise summaries of deeply revealing Big Pharma corruption news articles from reliable major media sources.


US CEOs earned 312 times more than workers in 2017: Study
2018-08-17, ABC News
https://abcnews.go.com/Business/us-ceos-earned-312-times-workers-2017-study/s...

CEOs at the 350 largest U.S. companies received 312 times as much in compensation as typical employees in 2017, according to a study released Thursday. The average chief executive received $18.9 million last year, a 17.6 percent increase from 2016, as the wages of a typical worker rose just 0.3 percent, according to research by the Economic Policy Institute, a Washington-based think tank. The highest CEO-to-worker pay ratio ever recorded is 344-to-1, in 2000. In 1965, it was 20-to-1. In 1989, it was 58-to-1. "CEO compensation has grown far faster than stock prices or corporate profits," EPI said in an online summary of the findings. "CEO compensation rose by 979 percent [based on stock options granted] or 1,070 percent [based on stock options realized] between 1978 and 2017. ... Higher CEO pay does not reflect correspondingly higher output or better firm performance. Exorbitant CEO pay therefore means that the fruits of economic growth are not going to ordinary workers."

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


11-year-old hacks replica of Floridas election system in 10 minutes
2018-08-14, The Independent (One of the UK's leading newspapers)
https://www.independent.co.uk/news/world/americas/midterm-elections-florida-s...

An 11-year-old has been able to hack into a replica of Floridas election system in 10 minutes during a test ahead of upcoming US midterm elections this November. The boy was the fastest of 35 children who were able to hack into replicas of the websites of six swing states during the three-day Def Con security convention. The results of those efforts to test the strength of US election infrastructure will be passed onto the states, and the National Association of Secretaries of State - the officials responsible for tallying and confirming vote totals - said that they welcome the efforts. The results highlight potential security lapses amid heightened concern that American voter rolls will be tampered with in the upcoming midterm elections, and after President Donald Trumps national security team warned that Russia had launched pervasive efforts to interfere in Americas 2018 elections. The convention indicated that the hackers were able to change party names in the systems, and added as many as 12 billion votes to candidates. Candidates names were changed to Bob Da Builder and Richard Nixons head, the convention said in a tweet. The winning hacker was identified as Emmett Brewer, a boy whose Twitter account says he lives in Austin, Texas.

Note: For more along these lines, see concise summaries of deeply revealing elections corruption news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our Elections Information Center.


Companies Shouldnt Be Accountable Only to Shareholders
2018-08-14, Wall Street Journal
https://www.wsj.com/articles/companies-shouldnt-be-accountable-only-to-shareh...

Corporate profits are booming, but average wages havent budged. In the early 1980s, large American companies sent less than half their earnings to shareholders, spending the rest on their employees and other priorities. But between 2007 and 2016, large American companies dedicated 93% of their earnings to shareholders. Because the wealthiest 10% of U.S. households own 84% of American-held shares, the obsession with maximizing shareholder returns effectively means Americas biggest companies have dedicated themselves to making the rich even richer. In the four decades after World War II, shareholders on net contributed more than $250 billion to U.S. companies. But since 1985 they have extracted almost $7 trillion. Thats trillions of dollars in profits that might otherwise have been reinvested in the workers who helped produce them. Before shareholder value maximization ideology took hold, wages and productivity grew at roughly the same rate. But since the early 1980s, real wages have stagnated even as productivity has continued to rise. Workers arent getting what theyve earned. Companies also are setting themselves up to fail. Retained earnings were once the foundation for long-term investments. But from 1990 to 2015, nonfinancial U.S. companies invested trillions less than projected, funneling earnings to shareholders instead. This underinvestment handcuffs U.S. enterprise and bestows an advantage on foreign competitors. We should insist on a new deal.

Note: The above was written by Sen. Elizabeth Warren in conjunction with her introduction of the "Accountable Capitalism Act". For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and income inequality.


Google found to track the location of users who have opted out
2018-08-13, NBC/AP
https://www.nbcnews.com/tech/tech-news/google-tracks-your-movements-it-or-not...

Google wants to know where you go so badly that it records your movements even when you explicitly tell it not to. An Associated Press investigation found that many Google services on Android devices and iPhones store your location data even if you've used privacy settings that say they will prevent it from doing so. Computer-science researchers at Princeton confirmed these findings at the AP's request. Storing your minute-by-minute travels carries privacy risks. So the company will let you "pause" a setting called Location History. Google's support page on the subject states: "You can turn off Location History at any time. With Location History off, the places you go are no longer stored." That isn't true. Even with Location History paused, some Google apps automatically store time-stamped location data without asking. For example, Google stores a snapshot of where you are when you merely open its Maps app. And some searches that have nothing to do with location, like "chocolate chip cookies," or "kids science kits," pinpoint your precise latitude and longitude - accurate to the square foot - and save it to your Google account. Since 2014, Google has let advertisers track the effectiveness of online ads at driving foot traffic, a feature that Google has said relies on user location histories. The company is pushing further into such location-aware tracking to drive ad revenue, which rose 20 percent last year to $95.4 billion.

Note: This article instructs you how to effectively delete Google's tracking of your movements. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the disappearance of privacy.


Important 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.