Corporate Corruption News Articles
Excerpts of Key Corporate Corruption News Articles in Major Media


Below are many highly revealing one-paragraph excerpts of important corporate corruption articles from the mainstream media. Links are provided to the full articles on major media websites. If any link should fail to function, click here. These corporate corruption news articles are listed by order of importance. For the same articles by date posted to this list, click here. For the list by date of news article click here. By choosing to educate ourselves on these important issues and to spread the word, we can and will build a brighter future.



Note: For an index to revealing excerpts of media articles on several dozen engaging topics, click here.

Web entrepreneurs have an eye on social need -- not personal greed
2007-04-15, San Francisco Chronicle (San Francisco's leading newspaper)
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2007/04/15/BUG5SP63BR85.DTL

Ryan Mickle's life was the stuff young bourgeois dreams are made of. Then a year ago ... Mickle began to take stock of his life. He was earning a lot of money but was giving very little of himself. So Mickle ditched his high-paying job to brainstorm a new venture with friend Rod Ebrahimi. The result was Dotherightthing.com, a San Francisco startup that allows users to rank companies based on their social impact on the world. Their site [allows] consumers to influence corporate behavior. The sentiment is summed up in Dotherightthing.com's T-shirt slogan: "It's cool to care." Mickle, 26, and Ebrahimi, 25, are among a growing number of entrepreneurs betting they can build ventures that deliver both financial and social returns. EBay founder Pierre Omidyar has dedicated much of his fortune to helping for-profits and nonprofits alike discover their power to do good. At www.freepledge.com, shoppers buy the same products from the same merchants for the same price, but a percentage is donated to the nonprofit of their choice. Darian Hickman, 28, is designing an online strategy game that turns the players into entrepreneurs who help bring prosperity to impoverished villages in underdeveloped countries. [He was] inspired by Muhammad Yunus, the Nobel prize-winning micro-finance pioneer. Premal Shah [is a] former PayPal executive who is president of online micro-lender Kiva.org. Brian Johnson, 32 ... said he felt uncomfortable with capitalism until he hit on the concept of "using economics as a force for good. How do we live our spiritual ideals and make money?" Now Johnson tries to have it both ways with Zaadz.com, which he describes as MySpace for people who want to change the world.

Note: We encourage you to take some time to explore some of these exciting new adventures which are transforming the face of business and building a brighter future for us all. For more on micro-finance, micro-lending, and how you can help end poverty without donating a penny, click here. And for the profile of website founder Fred Burks on Zaadz.com, click here.




Unsung fortune: A rich man's secret
2007-03-26, Philadelphia Inquirer
http://www.philly.com/philly/news/homepage/20070326_Unsung_fortune__A_rich_ma...

Hal Taussig wears baggy jeans and fraying work shirts that Goodwill might reject. His shoes have been resoled three times. At age 81, he doesn't own a car. He performs errands and commutes to the office by bicycle. And he has given away millions. Given the fortune that Taussig has made through Untours, his unique travel business, and has given away through the Untours Foundation, you could call him the Un-millionaire. If he so chose, he could be living in a Main Line mansion and driving a Mercedes. But he considers money and what he calls "stuff," beyond what he needs to survive, a burden, an embarrassment. In many respects, he's a 21st-century Thoreau. "Let your capital be simplicity and contentment," the sage of Walden Pond wrote. "Those are my sentiments precisely," says Taussig, who has three children, five grandchildren, and five great-grandchildren. He directs the Untours Foundation, into which he pours all his profits - $5 million since 1992. The money is used to make low-interest loans to ventures and projects that help the needy and jobless - from a craft store in Hanoi to a home-health-care cooperative in Philadelphia. "I invest in entrepreneurial efforts to help poor people leverage themselves out of poverty." "In America, we worship success," he says. "It's a shoddy ethic that leads us to value who we are by what we are." The motto of the Untours Foundation is "a hand up, not a handout." It provides low-interest loans, here and abroad, to create jobs, build low-income housing, and support fair-trade products: goods such as coffee that are sold at a price that guarantees producers and workers a fair wage and decent livelihood.

Note: For an easy way you can use your investments to help families pull out of poverty, click here.




Got rbST in your milk?
2007-03-25, San Francisco Chronicle (San Francisco's leading newspaper)
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2007/03/25/BUGBROQASE1.DTL

Richard Cotta, CEO of California Dairies Inc., the nation's second-largest dairy cooperative, is guided by a simple business philosophy: "If you want milk with little blue dots, you'll have it, as long as you are willing to pay for it." So, when a string of major customers, including supermarket giant Safeway, came to his co-op saying they would no longer accept milk from cows treated with a genetically engineered growth hormone, the co-op bowed to the inevitable. In January, California Dairies' board voted to ask its members not to inject synthetic bovine growth hormone into their cows. The action by a co-op that ships 50 million pounds of milk every day is part of a sweeping, consumer-driven agricultural makeover. Demand for natural foods is rising, while increasing numbers of consumers are avoiding products that rely on antibiotics or growth hormones. And food retailers are listening. Recombinant bovine somatotropin, or rbST, was approved by the Food and Drug Administration 14 years ago. It sustains lactation by stimulating cows' appetites so they eat more and produce more milk, perhaps an extra 5 quarts per day. The European Union, Japan, Canada and Australia did not approve rbST. The reasons included questions about human and animal safety, as well social and economic considerations. Research that shows injections of rbST increase another hormone, insulin-like growth factor 1, or IGF-1, in cows. Too much IGF-1 in humans is linked with increased rates of colon, breast and prostate cancer. Synthetic hormone use also ... leads to increased use of antibiotics, whose overuse is already a serious problem in the livestock industry.

Note: For many years the media has avoided even mentioning the major controversy over growth hormone use in milk and other animal products. To better understand how the mass media and big industry sometimes work together for profit at the expense of your health, click here.




Scientists muzzled, Congress told
2007-03-21, Sydney Morning Herald (Australia's leading newspaper)
http://www.smh.com.au/news/environment/scientists-muzzled/2007/03/20/11741530...

The Bush Administration has run a systematic campaign to play down the dangers of climate change, demanding hundreds of politically motivated changes to scientific reports and muzzling a pre-eminent expert on global warming, the US Congress has been told. The testimony ... painted the Administration as determined to maintain its line on climate change even when it clashed with the findings of scientific experts. The Administration has moved to exercise control over environmental agencies by installing political appointees including a former oil industry lobbyist, Philip Cooney, as chief of staff of the Council on Environmental Quality. In 2003 Mr Cooney and other senior appointed officials made at least 181 changes to a strategic plan on climate change to play down the scientific consensus on global warming. They made a further 113 alterations to minimise the human role in climate change. "These changes must be made," a note in Mr Cooney's handwriting says. Under heated questioning, Mr Cooney admitted the changes were all intended to cast doubt on the impact of global warming. Control from the White House became the norm, [NASA's Dr. James] Hansen told the committee. "Scientific press releases were going to the White House for editing," he said. "It's very unfortunate that we developed this politicisation of science. The public relations office should be staffed by expert appointees - otherwise they become offices of propaganda." Hansen was also restrained from giving press interviews by a junior political appointee, George Deutsch. Mr Deutsch left NASA early last year after it emerged he had falsified his CV.




When Organic Isn't Really Organic
2007-03-14, Time Magazine
http://www.time.com/time/health/article/0,8599,1599110,00.html

When you buy a gallon of organic milk, you expect to get tasty milk from happy cows who haven't been subjected to antibiotics, hormones or pesticides. But you might also unknowingly be getting genetically modified cattle feed. Albert Straus, owner of the Straus Family Creamery ... decided to test the feed that he gives his 1,600 cows last year and was alarmed to find that nearly 6% of the organic corn feed he received from suppliers was "contaminated" by genetically modified (GM) organisms. Organic food is, by definition, supposed to be free of genetically modified material. But as GM crops become more prevalent, there is little that an organic farmer can do to prevent a speck of GM pollen or a stray GM seed from being blown by the wind onto his land. In 2006, GM crops accounted for 61% of all the corn planted in the U.S. and 89% of all the soybeans. So Straus and five other natural food producers, including industry leader Whole Foods, announced last week that they would seek a new certification for their products, "non-GMO verified," in the hopes that it will become a voluntary industry standard for GM-free goods. In a few weeks, Straus expects to become the first food manufacturer in the country to carry the label in addition to his "organic" one. With Whole Foods in the ring, the rest of the industry will soon be under competitive pressure to follow. Genetically modified crops have become so prevalent in the U.S. that chances are you've been buying and eating them for years. You just wouldn't know it from the label: the U.S. Department of Agriculture, unlike agencies in Europe and Japan, do not require GM foods to be labeled.

Note: This article also states "scientists have not identified any specific health risks from eating GM foods." This is a clear lie, when two sentences later the article mentions Jeffrey Smith, who has written an entire book with excellent documentation showing many scientific studies in which animals died shortly after consuming GM foods. To see an excellent summary of this book including reliable footnotes, click here.




Safety Second?
2007-02-23, WXYZ - Detroit's ABC News Affiliate
http://www1.wxyz.com/wxyz/ys_investigations/article/0,2132,WXYZ_15949_5373880...

The Pentagon has said it, the President has said it, everybody says it: "Our troops deserve nothing but the best when we send them into combat." It’s a goal that isn’t always met. Did a retired Marine colonel’s connections count more than the best design for a new vehicle for the troops? Jerry Bazinski has made a career of designing and helping to develop new vehicles here in Detroit for years. So when the Marines called for new vehicle small enough to load into an Osprey helicopter but lean and mean enough to allow soldiers to move quickly and launch attacks deep into enemy territory, Jerry and a team of veteran Detroit vehicle designers came up with [a model that] met or exceeded all the specifications. It was designed to provide for bullet-proof protection from enemy gunfire. It included a sturdy built-in roll-cage. And the Marines were impressed, as you can see from the report card that shows a whole list of many strengths ... and "no significant weaknesses." Well, here’s what the Marines ultimately bought ... a model known as the Growler that sort of looks like a dune buggy with a machine gun. Though it may seem it should have a lower sticker price, it’s turned out to cost us upwards of $127,000 a copy. Former Colonel Terry Crews ... sold the Marines on the Growler. [Investigative Reporter Steve] Wilson to Wayne Blake/Growler Plant Manager: That’s how he got this contract, he had some friends, didn’t he? Blake: Yeah, he lives 15 miles from the Pentagon. And the military version is $127,000. And if you bought it as a civilian version? 17,000.

Note: This article has disappeared from the website, though you can try this Google cache version. For a highly revealing, two-page summary by a top U.S. general on major war corruption, click here.




Merck Suspends Lobbying for Vaccine
2007-02-21, CBS News/Associated Press
http://www.cbsnews.com/stories/2007/02/21/ap/business/mainD8NDU4AG0.shtml

Pediatricians, gynecologists and even health insurers all call Gardasil, the first vaccine to prevent cervical cancer, a big medical advance. But medical groups, politicians and parents began rebelling after disclosure of a behind-the-scenes lobbying campaign by Gardasil's maker, Merck & Co., to get state legislatures to require 11- and 12-year-old girls to get the three-dose vaccine as a requirement for school attendance. Some parents' groups and doctors particularly objected because the vaccine protects against a sexually transmitted disease. Vaccines mandated for school attendance usually are for diseases easily spread through casual contact, such as measles and mumps. Bowing to pressure, Merck said Tuesday that it is immediately suspending its controversial campaign, which it had funded through a third party. Legislatures in roughly 20 states have introduced measures that would mandate girls have the vaccine to attend school. Texas Gov. Rick Perry on Feb. 2 issued an executive order requiring Texas girls entering the sixth grade as of 2008 get the vaccinations. Dr. Anne Francis, who chairs an American Academy of Pediatrics committee [stated] "I believe that their timing was a little bit premature," she said, "so soon after (Gardasil's) release, before we have a picture of whether there are going to be any untoward side effects." The country has been "burned" by some drugs whose serious side effects emerged only after they were in wide use, including Merck's withdrawn painkiller Vioxx. The vaccine also is controversial because of its price - $360 for the three doses required.

Note: $360 for every girl in school would amount to quite a hefty transfer of funds from taxpayers into the pockets of Merck. Could profit and campaign contributions be behind the move to make this mandatory?




Auditors: Billions of U.S. tax dollars wasted in Iraq
2007-02-16, CNN News/Associated Press
http://edition.cnn.com/2007/POLITICS/02/16/iraq.reconstruction.ap

The three top auditors overseeing work in Iraq told a House committee their review of $57 billion in Iraq contracts found that ... about $10 billion has been squandered by the U.S. government on Iraq reconstruction aid because of contractor overcharges and unsupported expenses. Of the $10 billion in overpriced contracts or undocumented costs, more than $2.7 billion were charged by Halliburton Co., the oil-field services company once headed by Vice President Dick Cheney. Federal investigators warned Thursday that significantly more taxpayer money is at risk. More than one in six dollars charged by U.S. contractors were questionable or unsupported, nearly triple the amount of waste the Government Accountability Office estimated last fall. "There is no accountability," said David M. Walker, who heads the auditing arm of Congress. "Organizations charged with overseeing contracts are not held accountable. Contractors are not held accountable. The individuals responsible are not held accountable." The investigators urged the Pentagon to reconsider its growing reliance on outside contractors. Layers of subcontractors, poor documentation and lack of strong contract management are rampant. Walker complained that GAO investigators have difficulty getting basic detail about reconstruction contracts such as expenses and subcontractors involved because many Pentagon divisions fail to consistently track or fully report them. Noting that auditors still have $300 billion of Iraq spending to review, Waxman said the total amount of waste, fraud and abuse "could be astronomical."

Note: To understand how so much money can go missing, read what a top U.S. general has to say here. And for major media articles claiming hundreds of billions of dollars are missing, click here.




Exxon's 'outlandish' earnings spark furor
2007-02-02, Globe and Mail (One of Canada's Leading Newspapers)
http://www.theglobeandmail.com/servlet/story/LAC.20070202.EXXON02/TPStory

The world's largest publicly owned oil company announced yesterday the largest corporate profit ever, but news of its near $40-billion (U.S.) windfall in 2006 sparked an angry backlash, coming on the eve of a major report blaming the use of fossil fuels for wreaking devastation on the planet. Exxon shares have risen by about 20 per cent in the past year. Exxon wasn't alone in unprecedented oil earnings. Royal Dutch Shell PLC, an Anglo-Dutch company, and U.S.-run Marathon Oil and Valero Energy, also posted best-ever annual results yesterday. And ConocoPhillips Co., also American, last week posted its highest profits. Profits at the five companies together totalled $91.1-billion -- in a year when drivers paid record prices for gasoline. Both Democratic and Republican members of Congress have also urged Exxon to end its funding of organizations that deny the existence of -- or minimize the seriousness of -- human-made global warming. Scientists yesterday accused the conservative American Enterprise Institute, which receives funding from Exxon, of offering scientists up to $10,000 for articles that undercut a report to be released today from the Intergovernmental Panel on Climate Change. Last month, the Union of Concerned Scientists ... said that Exxon has spent $16-million over the past 10 years financing organizations that deny the seriousness of climate change. Alden Meyer, a strategist with the group, compared Exxon's efforts to discredit the science of global warming to the tobacco companies' efforts to sow doubts about the link between smoking and lung cancer in order to protect their profits.

Note: Compare this Canadian article with the New York Times reporting of this record profit, or that of any other major U.S. newspaper. The U.S. press barely mentions that oil company gouging which took dollars from your pocket is what led to record profits. To understand why the U.S. press behaves in this way, click here.




Scientists find way to slash cost of drugs
2007-01-02, The Guardian (One of the U.K.'s leading newspapers)
http://www.guardian.co.uk/india/story/0,,1981200,00.html

Two UK-based academics have devised a way to invent new medicines and get them to market at a fraction of the cost charged by big drug companies. Sunil Shaunak, professor of infectious diseases at Imperial College ... calls their revolutionary new model "ethical pharmaceuticals". Improvements they devise to the molecular structure of an existing, expensive drug turn it technically into a new medicine which is no longer under a 20-year patent to a multinational drug company and can be made and sold cheaply. The process has the potential to undermine the monopoly of the big drug companies and bring cheaper drugs not only to poor countries but back to the UK. Professor Shaunak and his colleague from the London School of Pharmacy, Steve Brocchini, have linked up with an Indian biotech company which will manufacture the first drug - for hepatitis C. Hepatitis C affects 170 million people worldwide and at least 200,000 in the UK. Multinational drug companies put the cost of the research and development of a new drug at $800m (£408m). Professors Shaunak and Brocchini say the cost of theirs will be only a few million pounds. Professor Shaunak says it is time that the monopoly on drug invention and production by multinational corporations - which charge high prices because they need to make big profits for their shareholders - was broken. The team's work on the hepatitis C drug has impeccable establishment credentials. But the professors' ethical pharmaceutical model is unlikely to find much favour with the multinational pharmaceutical companies, which already employ large teams of lawyers to defend the patents which they describe as the lifeblood of the industry.

Note: This is very exciting news, but we'll see what happens when the hugely profitable pharmaceutical industry presses its might against this effort. For more, click here.




Has Politics Contaminated the Food Supply?
2006-12-11, New York Times
http://www.nytimes.com/2006/12/11/opinion/11schlosser.html?ex=1323493200&en=4...

One hundred years ago, companies were free to follow their own rules. The publication of Upton Sinclair’s novel “The Jungle” in 1906 — with its descriptions of rat-infested slaughterhouses and rancid meat — created public outrage over food safety. Even though the book was written by a socialist agitator, a Republican president, Theodore Roosevelt, eagerly read it. After confirming Sinclair’s claims, Roosevelt battled the drug companies, the big food processors and the meatpacking companies to protect American consumers from irresponsible corporate behavior. Over the past 40 years, the industrialization and centralization of our food system has greatly magnified the potential for big outbreaks. As a result, a little contamination can go a long way. The Taco Bell distribution center in New Jersey now being investigated as a possible source of E. coli supplies more than 1,100 restaurants in the Northeast. Since 2000, the fast-food and meatpacking industries have given about four-fifths of their political donations to Republican candidates for national office. In return, these industries have effectively been given control of the agencies created to regulate them. The current chief of staff at the Agriculture Department used to be the beef industry’s chief lobbyist. The person who headed the Food and Drug Administration until recently used to be an executive at the National Food Processors Association. Cutbacks in staff and budgets have reduced the number of food-safety inspections conducted by the F.D.A. to about 3,400 a year — from 35,000 in the 1970s.

Note: If you care about the health of our nation's food supply, write your political and media representatives encouraging the passage of the Safe Food Act mentioned in this article, which by the way, was written by the author of the most excellent book, Fast Food America.




Oil industry denies price manipulation
2006-11-26, BusinessWeek/Associated Press
http://www.businessweek.com/ap/financialnews/D8LKSUQO0.htm

An Associated Press analysis suggests that big oil companies have been crimping supplies ... across the country for years. The analysis, based on data from the U.S. Energy Information Administration, indicates that the industry slacked off supplying oil and gasoline during the prolonged price boom between early 1999 and last summer, when prices began to fall. The findings support a conclusion already reached by many motorists. Fifty-five percent of Americans believe gas prices are high because [of] oil companies. Though set back temporarily by the [9/11] attacks, the oil business has profited handsomely since then. The biggest six refiners ... rang up $400 billion in profits since 2001. Though reserves have kept pretty steady, the oil industry taps those resources to varying degrees from year to year. The industry has shelved an average of 21 percent more unrefined oil from the start of 2004 through last June. Last spring, stocks of shelved crude reached their highest level in eight years, despite the fabulous riches at hand in high prices then. The industry also protected profits by not building any new refineries. [And] thanks to mergers, the top 10 companies now control three-quarters of national refining capacity, up from half in the early 1990s. A 2001 study by the Federal Trade Commission reported that some firms were deciding to "maximize their profits" by crimping supply. One executive told regulators "he would rather sell less gasoline and earn a higher margin on each gallon sold." However upsetting to drivers, such tactics are usually viewed as legal. "A decision to limit supply does not violate the antitrust laws," regulators wrote in one FTC report.




Senators to Exxon: Stop the Denial
2006-10-27, ABC News
http://abcnews.go.com/Technology/story?id=2612021

ExxonMobil should stop funding groups that have spread the idea that global warming is a myth and that try to influence policymakers to adopt that view, two senators said today in a letter to the oil company. In their letter to ExxonMobil chairman and CEO Rex Tillerson, Sens. Olympia Snowe, R-Maine, and Jay Rockefeller, D-W.Va., appealed to Exxon's sense of corporate responsibility, asking the company to "come clean about its past denial activities." The two senators called on ExxonMobil to "end any further financial assistance" to groups "whose public advocacy has contributed to the small but unfortunately effective climate change denial myth." An upcoming study from the Union of Concerned Scientists reported that ExxonMobil funded 29 climate change denial groups in 2004 alone. Since 1990, the report said, the company has spent more than $19 million funding groups that promote their views through publications and Web sites that are not peer reviewed by the scientific community.




Getting closer to Uncle Sam
2006-09-20, Toronto Star (One of Canada's top newspapers)
http://www.thestar.com/NASApp/cs/ContentServer?pagename=thestar/Layout/Articl...

Public kept in dark as business leads talks about North American integration. Away from the spotlight, from Sept. 12 to 14, in Banff Springs, Minister of Public Safety Stockwell Day and Defence Minister Gordon O'Connor met with U.S. and Mexican government officials and business leaders to discuss North American integration at the second North American Forum. The guest list included such prominent figures as U.S. Defence Secretary Donald Rumsfeld, Mexican Secretary of Public Security Eduardo Medina Mora and Canadian Forces chief General Rick Hillier. The event was chaired by former U.S. secretary of state George Schultz, former Alberta premier, Peter Lougheed and former Mexican finance minister Pedro Aspe. Organizers did not alert the media about the event. Our government ... refuses to release any information about the content of the discussions or the actors involved. The event was organized by the Canadian Council of Chief Executives. The media have paid little attention to this far-reaching agreement, so Canadians are unaware that a dozen working groups are currently "harmonizing" Canadian and U.S. regulations on everything from food to drugs to the environment and even more contentious issues like foreign policy. This process ... is about priming North America for better business by weakening the impacts of such perceived obstacles as environmental standards and labour rights. This is why the public has been kept in the dark while the business elite has played a leading role in designing the blueprint for this more integrated North America.

Note: If the above link fails, click here. Why has the U.S. media not covered this key topic? For a second article discussing this secret meeting on a top Canadian TV website, click here. To learn about other secret meetings of the power elite: click here




Big Tobacco Lied to Public, Judge Says
2006-08-18, Washington Post
http://www.washingtonpost.com/wp-dyn/content/article/2006/08/17/AR20060817007...

A federal judge ruled yesterday that tobacco companies have violated civil racketeering laws, concluding that cigarette makers conspired for decades to deceive the public about the dangers of their product. But U.S. District Judge Gladys Kessler said that under a 2005 appellate court ruling, she could not impose billions of dollars in penalties that had been sought by the Justice Department in its civil racketeering suit. In the opinion...Kessler wrote that there is "overwhelming evidence" [that the industry] conspired to violate, and indeed violated, federal racketeering laws. "In short," she wrote, "defendants have marketed and sold their lethal product with zeal, with deception, with a single-minded focus on their financial success, and without regard for the human tragedy or social costs that success exacted. Over the course of more than 50 years, defendants lied, misrepresented and deceived the American public, including smokers and the young people...about the devastating health effects of smoking and environmental tobacco smoke." Kessler added that the companies "suppressed research, they destroyed documents, they manipulated the use of nicotine so as to increase and perpetuate addiction...and they abused the legal system in order to achieve their goal -- to make money." The Justice Department lawsuit originally sought $280 billion. But the U.S. Court of Appeals [ruled] a company could not be forced to turn over past profits as a way of preventing future misconduct. The Justice Department subsequently proposed a $130 billion penalty to pay for anti-smoking programs, but...it scaled that back to a total of $14 billion.




The 100-mpg car is coming
2006-07-19, MSN
http://articles.moneycentral.msn.com/SavingandDebt/SaveonaCar/The100mpgCarIsC...

Though the 100 mpg car sounds like a myth, it turns out that such vehicles do exist -- only they're built in your neighbor's garage, not a giant production plant. Known as plug-in hybrid-electric vehicles ... they’re basically Priuses or similar hybrids that have been equipped with extra batteries, so that they rarely use their gasoline engines at all. "People are salivating for plug-ins," says Bradley Berman, editor of the site HybridCars.com. A hybrid vehicle today like a Prius has both a gasoline engine and a battery, which is fed by the braking energy produced by the car. It can’t be plugged in. A plug-in hybrid keeps those components, but essentially gets an extra fuel tank, in the form of an added battery bank ... that allows the car to run exclusively off battery power for most driving. Felix Kramer, founder of the California Cars Initiative, a nonprofit group that promotes the use of high-efficiency, low-emission cars, owns the first consumer plug-in in North America. Not surprisingly, he loves it. "Many days I use no gasoline, because I go at neighborhood speeds for under 30 miles, and I’m just all-electric all day," he says. And the mileage? "At highway speeds, you can easily get over 100 mpg." Other plug-in owners offer up similar results. "I used to fill up every 400 miles or so," he says ... "and now I fill up every 800 miles or so." Advocates estimate that it costs less than $1 per gallon to replenish a plug-in hybrid. "Our goal is to have a $3,000 kit," CalCars' Kramer says. (That number, coincidentally, is also what many plug-in evangelists think that the technology would cost for Toyota to add to its hybrids.)

Note: If people are doing this in their garage, why aren't the auto makers already producing them? In fact, a similar vehicle was produced to be marketed in 2002, but then pulled off the market. To find why average car mileage has remained virtually unchanged for 100 years, click here.




Donald Rumsfeld makes $5m killing on bird flu drug
2006-03-12, Independent (one of the UK's leading newspapers)
http://news.independent.co.uk/world/americas/article350787.ece

The US Defence Secretary has made more than $5m (£2.9m) in capital gains from selling shares in the biotechnology firm that discovered and developed Tamiflu, the drug being bought in massive amounts by Governments to treat a possible human pandemic of the disease. More than 60 countries have so far ordered large stocks of the antiviral medication - the only oral medicine believed to be effective against the deadly H5N1 strain of the disease - to try to protect their people. The United Nations estimates that a pandemic could kill 150 million people worldwide. The drug was developed by a Californian biotech company, Gilead Sciences. Mr Rumsfeld was on the board of Gilead from 1988 to 2001, and was its chairman from 1997. He then left to join the Bush administration, but retained a huge shareholding. The 2005 report showed that, in all, he owned shares worth up to $95.9m, from which he got an income of up to $13m. The firm made a loss in 2003, the year before concern about bird flu started. Then revenues from Tamiflu almost quadrupled, to $44.6m, helping put the company well into the black. Sales almost quadrupled again, to $161.6m last year.

Note: If the above link fails, click here. For many more strange coincidences and facts around the avian flu scare, take a look at our summary of eye-opening news articles available here.




Exxon Mobil Posts Largest Annual Profit for U.S. Company
2006-01-30, New York Times
http://www.nytimes.com/2006/01/30/business/30cnd-exxon.html?ex=1296277200&en=...

Exxon Mobil, the nation's largest energy company, today reported a 27 percent surge in profits for the fourth quarter as elevated fuel prices gave rise to the most lucrative year ever for an American company. Exxon's profits are expected to generate new scrutiny of the company's operations in Washington, where legislators have recently expressed concern over Big Oil's good fortune as soaring oil and natural gas prices pressure consumers. Exxon said its profits climbed more than 40 percent last year, while its tax bill rose only 14 percent. Exxon's revenue last year allowed it to surpass Wal-Mart as the largest company in the United States. [The company's] revenue of $371 billion surpassed the gross domestic product of $245 billion for Indonesia, an OPEC member and the world's fourth most populous country with 242 million people.

Note: This article fails to mention the huge profits reaped by oil companies as a result of gas price gouging immediately after Katrina.




'National interest' halts arms corruption inquiry
2005-12-15, The Guardian (One of the U.K.'s leading newspapers)
http://www.guardian.co.uk/armstrade/story/0,,1972749,00.html

A major criminal investigation into alleged corruption by the arms company BAE Systems and its executives was stopped in its tracks yesterday when the prime minister claimed it would endanger Britain's security. The remarkable intervention was announced by the attorney general, Lord Goldsmith, who took the decision to end the Serious Fraud Office [SFO] inquiry into alleged bribes paid by the company to Saudi officials. BAE and the Saudi embassy had frantically lobbied the government for the long-running investigation to be discontinued, with the company insisting it was poised to lose another lucrative Saudi contract. This came at a time when the SFO appeared to have made a significant breakthrough, with investigators on the brink of accessing key Swiss bank accounts. Lord Goldsmith consulted the prime minister, the defence secretary, foreign secretary, and the intelligence services, and they decided that "the wider public interest" "outweighed the need to maintain the rule of law". The decision was condemned last night as naked political interference in a criminal case. The Liberal Democrat chief of staff said the government had succumbed to Saudi pressure. The UK made overseas bribery illegal in 2002, under US pressure. No prosecutions have taken place under the new law. Clare Short, Mr Blair's former cabinet colleague, said: "The message it sends to corrupt businessmen is carry on - the government will support you."

Note: It's interesting how "the wider public interest" is so often tied to lucrative contracts and profits.




'The Future of Food'
2005-09-30, San Francisco Chronicle (San Francisco's leading newspaper)
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2005/09/30/DDGHOEVICB1.DTL#f...

Food insiders may already know the disturbing facts highlighted by this film, but the general public is in for a shock at how corporations are using misleading campaigns -- and scare tactics -- to ensure that people around the world become dependent on genetically modified food. Monsanto and other corporate behemoths are motivated (not surprisingly) by profits, according to farmers, academics and others who talk to documentarian Deborah Koons Garcia. Canadian farmer Percy Schmeiser was targeted by Monsanto's lawyers because some of the corporation's patented seedlings were found on his property. Schmeiser didn't plant them there; wind blew the insecticide-resistant seeds onto his farm from another farm, or the seeds fell off a passing truck. Monsanto didn't care, ordering Schmeiser to kill all his family's seed because they'd potentially been contaminated by its patented product. Schmeiser ... fought Monsanto, spending his retirement money against the sort of legal attack that has already scared farmers throughout North America. Incredibly, a judge ruled in favor of Monsanto. Garcia's documentary shows how much the U.S. federal government favors these corporations, especially through lax oversight (the [FDA] and the Department of Agriculture seem to rubber-stamp every corporate project having to do with genetically modified food). In the past 20 years, Monsanto's alumni have occupied the high reaches of American power. Supreme Court Justice Clarence Thomas, for example, did legal work for the corporation, while Secretary of Defense Donald Rumsfeld was president of a Monsanto subsidiary.

Note: To view this highly educational film, click here. To read another excellent review of this important documentary, click here.





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