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Corporate Corruption News Articles
Excerpts of key news articles on corporate corruption


Below are key excerpts of little-known, yet highly revealing news articles on corporate corruption from the major media. Links are provided to the full news articles for verification. If any link fails to function, read this webpage. These articles on corporate corruption are listed by order of importance. You can also explore them ordered by the date of the article or by the date posted. By choosing to educate ourselves, we can build a brighter future.

Note: Explore our full index to revealing excerpts of key major media news articles on dozens of engaging topics. And read excerpts from 20 of the most revealing news articles ever published.


YouTube censors epidemiologist Knut Wittkowski for opposing lockdown
2020-05-16, New York Post
https://nypost.com/2020/05/16/youtube-censors-epidemiologist-knut-wittkowski-...

Big Tech companies are aggressively tamping down on COVID-19 “misinformation” — opinions and ideas contrary to official pronouncements. Dr. Knut M. Wittkowski, former head of biostatistics, epidemiology and research design at Rockefeller University, says YouTube removed a video of him talking about the virus that had racked up more than 1.3 million views. Wittkowski, 65, is a ferocious critic of the nation’s current steps to fight the coronavirus. He has derided social distancing, saying it only prolongs the virus’ existence, and has attacked the current lockdown as mostly unnecessary. Wittkowski, who holds two doctorates in computer science and medical biometry, believes the coronavirus should be allowed to create “herd immunity,” and that short of a vaccine, the pandemic will only end after it has sufficiently spread through the population. “I was just explaining what we had,” Wittkowski told The Post of the video, saying he had no idea why it was removed. “They don’t tell you. They just say it violates our community standards. There’s no explanation for what those standards are or what standards it violated.” In articles and interviews across the web, he has likened COVID-19 to a “bad flu.” That likely made him a target for YouTube. “Anything that goes against [World Health Organization] recommendations would be a violation of our policy,” CEO Susan Wojcicki told CNN.

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


Nobel laureates condemn 'judicial harassment' of environmental lawyer
2020-04-18, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/world/2020/apr/18/nobel-laureates-condemn-judicia...

Twenty-nine Nobel laureates have condemned alleged "judicial harassment" by Chevron and urged the release of a US environmental lawyer who was put under house arrest for pursuing oil-spill compensation claims on behalf of indigenous tribes in the Amazon. The open letter signed by scientists, authors, environmentalists and human rights activists said the treatment of lawyer Steven Donziger, whose movements have been restricted for more than 250 days, was one of the world's most egregious cases of judicial harassment and defamation. Donziger represents 30,000 indigenous people and small farmers who won a $9.5bn class action lawsuit against Chevron in Ecuadorean courts in 2013, as compensation for the contamination of their land by oil extraction activities. This judgment was one of the largest ever against an oil company, but not a cent of these damages has been paid to the plaintiffs. Donziger, who has been involved with the case for 27 years, has pressed for justice and payment of damages to his clients at increasing personal cost. His reputation, legal credentials and liberty have come under attack. Chevron has lobbied for his removal from bar associations and launched a countersuit accusing him of bribery and fraud, which was upheld by district judge Lewis A Kaplan in 2014. It was later reported that Chevron paid more than a million dollars for one of the key witnesses in the case – an Ecuadorean judge – to come to the United States. That witness later said he lied under oath.

Note: For lots more, read this Mother Jones article titled "How Did a Lawyer Who Took on Big Oil and Won End up Under House Arrest?." For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.


YouTube Is A Pedophile's Paradise
2020-03-20, Huffington Post
https://www.huffpost.com/entry/youtube-pedophile-paradise_n_5e5d79d1c5b6732f5...

Eleven-year-old Allie sways back and forth. She rolls her eyes into her head and collapses onto the bed behind her. After lying there motionless for a moment, she pops back up. "Um, I wasn't really sure what else to add, 'cause all that was requested was to faint while putting my eyes backwards," she says to the camera, thanking a user who goes by "Martin" for the suggestion. Allie's channel is full of skits that she has eagerly filmed at the request of strangers on YouTube. She's learned that her audience particularly enjoys watching her pretend to pass out and hypnotize herself; those kinds of requests come in all the time. For Allie ... the attention is exciting. To the girl's great delight, her dizzy-themed videos randomly blow up sometimes, pulling in thousands of views despite her small following. She refers to her viewers as "fans" and promises to film whatever they'd like to see. That often means unwittingly acting out sexual fetishes for predators, who flock to her content like flies. This didn't happen by accident. YouTube's automated recommendation engine propels sexually implicit videos of children like Allie from obscurity into virality and onto the screens of pedophiles. Executives at the Google-owned company are well aware of this. Over the years, YouTube has claimed repeatedly that keeping children safe on its platform is a top priority. But ... the company has actually continued to amplify such videos into virality and to specifically steer them toward users seeking sexual content and footage of partially clothed kids.

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


America’s Radioactive Secret
2020-01-21, Rolling Stone
https://www.rollingstone.com/politics/politics-features/oil-gas-fracking-radi...

In a squat rig fitted with a 5,000-gallon tank, Peter crisscrosses the expanse of farms and woods near the Ohio/West Virginia/Pennsylvania border, the heart of a region that produces close to one-third of America’s natural gas. He hauls a salty substance called “brine,” a naturally occurring waste product that gushes out of America’s oil-and-gas wells to the tune of nearly 1 trillion gallons a year. At most wells, far more brine is produced than oil or gas, as much as 10 times more. It collects in tanks, and like an oil-and-gas garbage man, Peter picks it up and hauls it off to treatment plants or injection wells, where it’s disposed of by being shot back into the earth. Through a grassroots network of Ohio activists, Peter was able to transfer 11 samples of brine to the Center for Environmental Research and Education at Duquesne University, which had them tested in a lab at the University of Pittsburgh. The results were striking. Radium ... is so dangerous it’s subject to tight restrictions even at hazardous-waste sites. The most common isotopes are radium-226 and radium-228, and the Nuclear Regulatory Commission requires industrial discharges to remain below 60 for each. Four of Peter’s samples registered combined radium levels above 3,500, and one was more than 8,500. Peter’s samples are just a drop in the bucket. Oil fields across the country — from the Bakken in North Dakota to the Permian in Texas — have been found to produce brine that is highly radioactive.

Note: In addition to producing this radioactive waste, fracking employs secret chemical mixtures and poisons drinking water. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.


Child Abusers Run Rampant as Tech Companies Look the Other Way
2019-11-09, New York Times
https://www.nytimes.com/interactive/2019/11/09/us/internet-child-sex-abuse.html

The two sisters live in fear of being recognized. Ten years ago, their father did the unthinkable: He posted explicit photos and videos on the internet of them, just 7 and 11 at the time. Many captured violent assaults in their Midwestern home, including him and another man drugging and raping the 7-year-old. The men are now in prison, but in a cruel consequence of the digital era, their crimes are finding new audiences. This year alone, photos and videos of the sisters were found in over 130 child sexual abuse investigations involving mobile phones, computers and cloud storage accounts. The digital trail of abuse — often stored on Google Drive, Dropbox and Microsoft OneDrive — haunts the sisters relentlessly, they say, as does the fear of a predator recognizing them from the images. The scope of the problem is only starting to be understood because the tech industry has been more diligent in recent years in identifying online child sexual abuse material, with a record 45 million photos and videos flagged last year. But the same industry has consistently failed to take aggressive steps to shut it down, an investigation by The New York Times found. Approaches by tech companies are inconsistent, largely unilateral and pursued in secret, often leaving pedophiles and other criminals who traffic in the material with the upper hand. There is no common standard for identifying illegal video content, and many major platforms — including AOL, Snapchat and Yahoo — do not even scan for it.

Note: Listen to a disturbing, yet vitally important New York Times podcast showing this huge problem that few are willing to look at. For more along these lines, see concise summaries of deeply revealing news articles on sexual abuse scandals from reliable major media sources.


Wall Street loves socialism for bankers – but not for ordinary people
2019-04-08, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/commentisfree/2019/apr/08/wall-street-socialism-j...

In his annual letter to shareholders, distributed last week, JPMorgan Chase CEO Jamie Dimon took aim at socialism, warning it would be “a disaster for our country,” because it produces “stagnation, corruption and often worse.” Dimon should know. He was at the helm when JPMorgan received a $25bn socialist-like bailout in 2008, after it and other Wall Street banks almost tanked because of their reckless loans. Dimon subsequently agreed to pay the government $13bn to settle charges that the bank overstated the quality of mortgages it was selling. According to the Justice Department, JPMorgan acknowledged it had regularly and knowingly sold mortgages that should have never been sold. To state it another way, Dimon and other Wall Street CEOs helped trigger the 2008 financial crisis when the dangerous and irresponsible loans their banks were peddling – on which they made big money – finally went bust. But instead of letting the market punish the banks (which is what capitalism is supposed to do) the government bailed them out and eventually levied paltry fines which the banks treated as the cost of doing business. Call it socialism for rich bankers. America’s five biggest banks, including Dimon’s, now control 46% of all deposits, up from 12% in the early 1990s. But, of course, Dimon isn’t really ... concerned about socialism. Dimon’s real concern is that America may end the kind of socialism he and other denizens of the Street depend on – bailouts, regulatory loopholes, and tax breaks.

Note: The above was written by former US secretary of labor Robert Reich. For more along these lines, see concise summaries of deeply revealing financial industry corruption news articles from reliable major media sources.


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 ... didn’t 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 family’s 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.


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 Hollywood’s 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 NBC’s 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 O’Reilly. 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.


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...

It’s been three weeks since a San Francisco jury found that exposure to Monsanto’s Roundup herbicides contributed to former school groundskeeper Dewayne “Lee” Johnson’s terminal cancer and awarded a stunning $289 million in damages. During that time, we’ve 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 state’s list of cancer-causing chemicals. Monsanto’s 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 company’s 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.


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.


Companies Shouldn’t 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 haven’t 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 America’s 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. That’s 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 aren’t getting what they’ve 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.


John Oliver Confronts Fake Grassroots Movements
2018-08-13, Time
http://time.com/5365190/john-oliver-astroturfing-last-week-tonight/

Astroturfing is when corporations or organization[s] try to make it seem as though whatever they are selling is part of a grassroots movement. For example when a seeming small group calling themselves Americans Against Food Taxes run a national ad campaign against a potential beverage tax. It’s not paid for by a small grassroots movement of concerned citizens, but a large beverage conglomerate lobbying against a soda tax. According to [John] Oliver, in the wake of U.S. Supreme Court decisions like Citizens United, astroturfing is becoming increasing common. Like a national wetlands organization funded by real estate developers and oil companies and a seeming restaurant worker group campaigning against minimum wage increase. “It’s pure straight up opposite world,” said Oliver. Some astroturfing experts work with many special interest groups, creating nonprofit shell companies of sorts to ensure that their ties to the fake grassroots campaigns can be kept secret. One of “the most infuriating tools” of astroturfing is the use of paid protestors. These paid protestors show up at places like town hall meetings masquerading as concerned citizens and reciting lines fed to them by special interest groups. The existence of these paid protestors is now a common theme on conspiracy message boards. “That is hugely dangerous,” said Oliver.

Note: The New York Times recently reported on the Koch Brothers' use of tactics like this to kill public transit projects. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the manipulation of public perception.


Detaining immigrant kids is now a billion-dollar industry, analysis finds
2018-07-12, Chicago Tribune/Associated Press
http://www.chicagotribune.com/news/nationworld/ct-migrant-child-detention-201...

Detaining immigrant children has morphed into a surging industry in the U.S. that now reaps $1 billion annually — a tenfold increase over the past decade. Health and Human Services grants for shelters, foster care and other child welfare services for detained unaccompanied and separated children soared from $74.5 million in 2007 to $958 million dollars in 2017. The agency is also reviewing a new round of proposals amid a growing effort by the White House to keep immigrant children in government custody. Currently, more than 11,800 children, from a few months old to 17, are housed in nearly 90 facilities in 15 states. By far the largest recipients of taxpayer money have been Southwest Key and Baptist Child & Family Services. From 2008 to date, Southwest Key has received $1.39 billion in grant funding to operate shelters; Baptist Child & Family Services has received $942 million. International Educational Services also was a big recipient, landing more than $72 million in the last fiscal year before folding amid a series of complaints about the conditions in its shelters. The recipients of the money run the gamut from nonprofits, religious organizations and for-profit entities. They are essentially government contractors for the Health and Human Services Department — the federal agency that administers the program keeping immigrant children in custody. In a recently released report, the State Department decried the general principle of holding children in shelters, saying it makes them inherently vulnerable.

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


What 7 Creepy Patents Reveal About Facebook
2018-06-21, New York Times
https://www.nytimes.com/interactive/2018/06/21/opinion/sunday/facebook-patent...

A review of hundreds of Facebook’s patent applications reveals that the company has considered tracking almost every aspect of its users’ lives: where you are, who you spend time with, whether you’re in a romantic relationship, which brands and politicians you’re talking about. The company has even attempted to patent a method for predicting when your friends will die. Taken together, Facebook’s patents show a commitment to collecting personal information, despite widespread public criticism of the company’s privacy policies and a promise from its chief executive to “do better.” “A patent portfolio is a map of how a company thinks about where its technology is going,” said Jason M. Schultz, a law professor at New York University. One patent application discusses predicting whether you’re in a romantic relationship using information such as how many times you visit another user’s page [and] the number of people in your profile picture. Another proposes using your posts and messages to infer personality traits ... then using those characteristics to select which news stories or ads to display. Another patent application discusses tracking your weekly routine and sending notifications to other users of deviations from the routine. In addition, it describes using your phone’s location in the middle of the night to establish where you live. As long as Facebook keeps collecting personal information, we should be wary.

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


The Billion-Dollar Business of Operating Shelters for Migrant Children
2018-06-21, New York Times
https://www.nytimes.com/2018/06/21/us/migrant-shelters-border-crossing.html

The business of housing, transporting and watching over migrant children detained along the southwest border is not a multimillion-dollar business. It’s a billion-dollar one. Southwest Key Programs has won at least $955 million in federal contracts since 2015 to run shelters and provide other services to immigrant children in federal custody. Its shelter for migrant boys at a former Walmart Supercenter in South Texas has been the focus of nationwide scrutiny, but Southwest Key is but one player in the lucrative, secretive world of the migrant-shelter business. About a dozen contractors operate more than 30 facilities in Texas alone, with numerous others contracted for about 100 shelters in 16 other states. Trump’s order ... calling for migrant families to be detained together likely means millions more in contracts. A small network of private prison companies already is operating family detention centers in Texas and Pennsylvania, and those facilities are likely to expand. Defense contractors and security firms are also building a presence in the system, including General Dynamics ... and MVM Inc.. In Harlingen, [Texas] one recent morning, the federal courthouse that hears immigration cases was packed. Teenagers who had been apprehended crossing the border sat in the courtrooms. In the lobby, a group of men and women ... patiently waited for the hearings to end. They were there for the migrant youth. But they were neither relatives nor lawyers. They were contractors.

Note: What this article doesn't include is the possibility that some of these children are being fed into secret mind control programs and possibly even clandestinely sold into sex trafficking. For more on this, read this essay . For more along these lines, see concise summaries of deeply revealing government corruption news articles from reliable major media sources.


Rudy Giuliani won deal for OxyContin maker to continue sales of drug behind opioid deaths
2018-05-22, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/us-news/2018/may/22/rudy-giuliani-opioid-epidemic...

The US government missed the opportunity to curb sales of the drug that kickstarted the opioid epidemic when it secured the only criminal conviction against the maker of OxyContin a decade ago. Purdue Pharma hired Rudolph Giuliani, the former New York mayor and now Donald Trump’s lawyer, to head off a federal investigation in the mid-2000s into the company’s marketing of the powerful prescription painkiller at the centre of an epidemic estimated to have claimed at least 300,000 lives. While Giuliani was not able to prevent the criminal conviction over Purdue’s fraudulent claims for OxyContin’s safety and effectiveness, he was able to reach a deal to avoid a bar on Purdue doing business with the federal government which would have killed a large part of the multibillion-dollar market for the drug. The former New York mayor also secured an agreement that greatly restricted further prosecution of the pharmaceutical company and kept its senior executives out of prison. The US attorney who led the investigation, John Brownlee, has ... expressed surprise that Purdue did not face stronger action. Purdue is now facing ... civil lawsuits [in] New York, Texas and five other states. But Brownlee was the first, and so far only, prosecutor to secure a criminal conviction against the drug maker. Brownlee’s office discovered training videos in which reps acted out selling the drug using the false claims. “This was ... pushed from the highest levels of the company,” said Brownlee.

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


How Baby Boomers Broke America
2018-05-17, Time
http://time.com/magazine/us/5280431/may-28th-2018-vol-191-no-20-u-s/

About five decades ago, the core values that make America great began to bring America down. The First Amendment became a tool for the wealthy to put a thumb on the scales of democracy. America’s rightly celebrated dedication to due process was used as an instrument to block government from enforcing job-safety rules ... and otherwise protecting the unprotected. Election reforms ... wound up undercutting democracy. Ingenious financial and legal engineering turned our economy ... into a casino with only a few big winners. Distinctly American ideas became the often unintended instruments for splitting the country into two classes: the protected and the unprotected. The protected overmatched, overran and paralyzed the government. The unprotected were left even further behind. Income inequality has soared: Middle-class wages have been nearly frozen for the last four decades, while earnings of the top 1% have nearly tripled. For adults in their 30s, the chance of earning more than their parents dropped to 50% from 90% just two generations earlier. Many of the most talented, driven Americans used what makes America great - the First Amendment, due process, financial and legal ingenuity, free markets and free trade, meritocracy, even democracy itself - to chase the American Dream. And they won it, for themselves. Then, in a way unprecedented in history, they were able to consolidate their winnings ... and pull up the ladder so more could not share in their success or challenge their primacy.

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


Wells Fargo Still Hasn’t Gotten Ahead of Its Problems
2018-05-17,

On Thursday, the Wall Street Journal reported that Wells Fargo recently discovered that employees were improperly altering the documents of business borrowers, adding information to the accounts without the consent or notifying the clients. The latest issue comes only a week after news came out that Wells Fargo admitted it had improperly collected fees on a Tennessee public pension fund. Improper fees could be a widespread problem in its pension fund business. The bank’s wealth management unit is also under investigation for pressuring clients into rolling over their low-cost 401(k) accounts into more expensive alternatives. Wells Fargo has regularly said its problems are in the past, without spending the money it should to actually put those problems in the past. Wells Fargo, like other banks, doesn’t break out what it spends on compliance, and says it’s generally spending more, but in its most recent quarter it’s hard to see where. In February, the Federal Reserve sanctioned Wells Fargo for not having proper risk controls in place. The bank has since told shareholders it plans to cut costs, not raise them in order to improve compliance. The most recent problem ... appears to have come as Wells Fargo raced to comply with an order from regulators that it collect information on more than 100,000 accounts that it was supposed to have. It appears employees improperly altered the files, potentially adding false information, as part this regulatory review, once again showing a lack of oversight.

Note: Last year, it was reported that a Wells Fargo insurance scam defrauded 570,000 customers. The year before, this bank was caught opening millions of fake accounts using stolen customer identities. Wells Fargo fires employees and pays fines whenever these crimes are uncovered. But no bank executives are criminally prosecuted. And new problems continue coming to light. For more along these lines, see concise summaries of deeply revealing financial industry corruption news articles from reliable major media sources.


Employers are monitoring computers, toilet breaks – even emotions. Is your boss watching you?
2018-05-14, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/world/2018/may/14/is-your-boss-secretly-or-not-so...

Last year an American company microchipped dozens of its workers. Of the 90 people who work at [Three Square Market] headquarters, 72 are now chipped. Two months ago, the company ... started chipping people with dementia. If someone wanders off and gets lost, police can scan the chip “and they will know all their medical information, what drugs they can and can’t have, they’ll know their identity.” So far, Three Square Market has chipped 100 people, but plans to do 10,000. The company has just launched a mobile phone app that pairs the chip with the phone’s GPS, enabling the implantee’s location to be tracked. Last week, it started using it with people released from prison on probation. Some Chinese companies are using sensors in helmets and hats to scan workers’ brainwaves. There are tech companies selling products that can ... monitor keystrokes and web usage, and even photograph [employees] using their computers’ webcams. All this can be done remotely. Monitoring is built into many of the jobs that form the so-called “gig economy”. It’s not easy to object to the constant surveillance when you’re desperate for work. What has surprised [Cass Business School professor André Spicer] is how willingly people in better-paid jobs have taken to it. Spicer has watched the shift away from “monitoring something like emails to monitoring people’s bodies – the rise of bio-tracking basically. The monitoring of your vital signs, emotions, moods.”

Note: Author James Bloodworth describes the high tech monitoring of workers at Amazon warehouses in his new book, "Hired: Six Months Undercover in Low-Wage Britain". For more along these lines, see concise summaries of deeply revealing news articles on microchip implants and the disappearance of privacy.


Weedkiller found in granola and crackers, internal FDA emails show
2018-04-30, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/us-news/2018/apr/30/fda-weedkiller-glyphosate-in-...

US government scientists have detected a weedkiller linked to cancer in an array of commonly consumed foods, emails obtained through a freedom of information request show. The Food and Drug Administration (FDA) has been testing food samples for residues of glyphosate, the active ingredient in ... widely used herbicide products, for two years, but has not yet released any official results. Documents obtained by the Guardian show the FDA has had trouble finding any food that does not carry traces of the pesticide. “I have brought wheat crackers, granola cereal and corn meal from home and there’s a fair amount in all of them,” FDA chemist Richard Thompson wrote to colleagues in an email last year regarding glyphosate. That internal FDA email ... is part of a string of FDA communications that detail agency efforts to ascertain how much of the popular weedkiller is showing up in American food. Glyphosate is best known as the main ingredient in Monsanto Co’s Roundup brand. More than 200m pounds are used annually by US farmers. Thompson’s detection of glyphosate ... will probably not be included in any official report. Separately, FDA chemist Narong Chamkasem found “over-the-tolerance” levels of glyphosate in corn, detected at 6.5 parts per million, an FDA email states. The legal limit is 5.0 ppm. An illegal level would normally be reported to the Environmental Protection Agency (EPA), but an FDA supervisor wrote to an EPA official that the corn was not considered an “official sample”.

Note: The negative health impacts of Monsanto's Roundup are well known. Yet the EPA continues to use industry studies to declare Roundup safe while ignoring independent scientists. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption and health.


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