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$156bn lost to tax havens enough to end extreme poverty twice over

Wed, 22 May 2013 00:00:00 -0700

rt.com - May. 22 (News) - Oxfam, the UK based charity, estimates that some $18.47 trillion is being held by individuals in tax havens around the world. Of this some $7.18 trillion is in accounts situated in British Overseas Territories and Crown Dependencies. Tax lost in tax have

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Society of Professional Journalists: SPJ Code of Ethics

Wed, 22 May 2013 00:00:00 -0700

spj.org - By SPJ ethics committee - May. 22 (Statement) - Seek Truth and Report It - Minimize Harm - Act Independently - Be Accountable -

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Rise Up or Die

Tue, 21 May 2013 00:00:00 -0700

billmoyers.com - By Chris Hedges - May. 21 (Opinion) - What has taken place in these sacrifice zones — in postindustrial cities such as Camden, N.J., and Detroit, in coalfields of southern West Virginia where mining companies blast off mountaintops, in Indian reservations where the demented project of limitless economic expansion and exploitation worked some of its earliest evil, and in produce fields where laborers often endure conditions that replicate slavery — is now happening to much of the rest of the country. These sacrifice zones succumbed first. You and I are next. Corporations write our legislation. They control our systems of information. They manage the political theater of electoral politics and impose our educational curriculum. They have turned the judiciary into one of their wholly owned subsidiaries. They have decimated labor unions and other independent mass organizations, as well as having bought off the Democratic Party, which once defended the rights of workers. With the evisceration of piecemeal and incremental reform — the primary role of liberal, democratic institutions — we are left defenseless against corporate power.

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Why Austerity Kills: From Greece to U.S., Crippling Economic Policies Causing Global Health Crisis

Tue, 21 May 2013 00:00:00 -0700

Democracy Now - By Amy Goodman - May. 21 (Interview) - In their new book, "The Body Economic: Why Austerity Kills," economist David Stuckler and physician Sanjay Basu examine the health impacts of austerity across the globe. The authors estimate there have been more than 10,000 additional suicides and up to a million extra cases of depression across Europe and the United States since governments started introducing austerity programs in the aftermath of the economic crisis.

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Oklahoma Senators Jim Inhofe, Tom Coburn, Face Difficult Options On Disaster Relief

Tue, 21 May 2013 00:00:00 -0700

Huffington Post - By Christina Wilkie - May. 21 (News Analysis) - Sens. Jim Inhofe and Tom Coburn, both Republicans, are fiscal hawks who have repeatedly voted against funding disaster aid for other parts of the country. They also have opposed increased funding for the Federal Emergency Management Agency (FEMA), which administers federal disaster relief. Late last year, Inhofe and Coburn both backed a plan to slash disaster relief to victims of Hurricane Sandy. In a December press release, Coburn complained that the Sandy Relief bill contained "wasteful spending," and identified a series of items he objected to, including "$12.9 billion for future disaster mitigation activities and studies."

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GOPer Who Got Millions in Farm Subsidies Thinks the Poor Should Starve Rather Than Get Food Stamps

Tue, 21 May 2013 00:00:00 -0700

AlterNet - By Justin Doolittle - May. 21 (Opinion) - He fulminates about people who are allegedly "unwilling to work" sucking off the government teat with impunity. This is a patently dishonest representation of the SNAP program. Most people who receive food stamps cannot be dismissed as losers who are "unwilling to work." Nearly half (47%) of all food stamp recipients are children. Another 8% are 60 years of age or older. The "working poor" - people who live in a household with income from work - represent another 41%. Between children, the elderly, the working poor, and people who want a job but cannot find one - someone should tell Fincher that there are still more than 3 unemployed job seekers for every 1 opening

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Meet the Senate's Powerful and Progressive Policy Wonk, Ron Wyden

Tue, 21 May 2013 00:00:00 -0700

AlterNet - By Joe Conason - May. 21 (Special Report) - Oregon Democrat Ron Wyden has established a reputation as one of the Senate's more serious and diligent members. Over the years on Capitol Hill, he has watched the Republican Party veer constantly further rightward, and yet he continues to believe against all evidence that bipartisan legislative cooperation is possible -- even likely.

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Okla. Gov.: We need prayers

Tue, 21 May 2013 11:52:00 -0700

The Politico - By Kevin Robillard - May. 21 - Oklahoma Gov. Mary Fallin said Tuesday that her state will rebuild, and she asked for prayers to aid the rescue and recovery. ”Will we be back? Absolutely. Oklahoma has gone through this a couple times, and we’re resilient, strong, courageous people,” Fa

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Billionaires Now Own American Politics

Mon, 20 May 2013 00:00:00 -0700

Mother Jones - By Andy Kroll - May. 20 (News Analysis) - Billionaires with an axe to grind, now is your time. Not since the days before a bumbling crew of would-be break-in artists set into motion the fabled Watergate scandal, leading to the first far-reaching restrictions on money in American politics, have you been so free to meddle. There is no limit to the amount of money you can give to elect your friends and allies to political office, to defeat those with whom you disagree, to shape or stunt or kill policy, and above all to influence the tone and content of political discussion in this country. Today, politics is a rich man's game. Look no further than the 2012 elections and that season's biggest donor, 79-year-old casino mogul Sheldon Adelson . He and his wife, Miriam, shocked the political class by first giving $16.5 million in an effort to make Newt Gingrich the Republican presidential nominee. Once Gingrich exited the race, the Adelsons invested more than $30 million in electing Mitt ...

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60 Minutes and the Billionaire Agenda: Part 1, “Counterinsurgency Cops”

Mon, 20 May 2013 00:00:00 -0700

nationofchange.org - By Richard Eskow - May. 20 (Opinion) - This Sunday’s episode of 60 Minutes was a brilliant case study in the media’s ability to manipulate the public mind. The entire hour is worth studying, if only as one of the most illuminating and sophisticated examples of media manipulation in recent memory.

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How far did PBS go to avoid offending a sponsor?

Mon, 20 May 2013 00:00:00 -0700

New Yorker - By Jane Mayer - May. 20 (News Report) - When Koch joined the boards of WGBH and WNET, it seemed to mark an ideological inroad, enabling him to exert influence over a network with a prominent news operation. Meanwhile, the member stations, by having Koch as a trustee, were inoculating themselves against charges of liberal bias, and positioning themselves to receive substantial new donations.

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Corporations Are Stealing Billions in Tax Breaks, While the Confused, Screwed Citizenry Turn On Each Other

Mon, 20 May 2013 00:00:00 -0700

AlterNet - By Robert Reich - May. 20 (Opinion) - As global capital becomes ever more powerful, giant corporations are holding governments and citizens up for ransom — eliciting subsidies and tax breaks from countries concerned about their nation’s “competitiveness” — while sheltering their profits in the lowest-tax jurisdictions they can find. Major advanced countries — and their citizens — need a comprehensive tax agreement that won’t allow global corporations to get away with this.

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Poll: GOP Favorability Rating Ties All-Time Low

Mon, 20 May 2013 00:00:00 -0700

businessinsider.com - By Brett LoGiurato - May. 20 (News) - The Republican Party's net favorability ratings are down 8 points in the past two months. The amount of respondents viewing the GOP favorably fell from 38 percent to 35 percent, while the number of people who view the party unfavorably climbed five points, up from 54 percent in March. The only other time the party's favorability ratings have been this low came in the aftermath of the summer 2011 fight over raising the nation's debt ceiling.

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Obama: partisan battles in Washington holding back US economy

Mon, 20 May 2013 00:00:00 -0700

The Guardian - May. 20 (News) - President says US must get beyond 'short-term tactical thinking' and gives highly personal commencement address in Atlanta President Barack Obama complained on Sunday that partisan battles in Washington are holding back stronger US economic growth as he tried to recover from one of the most difficult weeks of his presidency. On a trip to Atlanta, Obama did not specifically mention the three controversies that engulfed his administration last week and raised questions as to how much of his second-term agenda he will be able to achieve. His message was clear when he told Democratic donors that an American economic revival is being held back by a "tendency in Washington to put politics ahead of policy, to put the next election ahead of the next generation, and that mindset is what we need to change." Obama's appearance in Atlanta came as he seeks to regain his footing from one of his worst weeks since taking office in early 2009. His Internal Revenue Service was found to have targeted his ...

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Apple's Web of Tax Shelters Saved It Billions, Panel Finds

Mon, 20 May 2013 00:00:00 -0700

New York Times - May. 20 (News) - New York TimesApple's Web of Tax Shelters Saved It Billions, Panel FindsNew York TimesWASHINGTON — Even as Apple became the nation's most profitable technology company, it avoided billions in taxes in the United States and around the world through a web of subsidiaries so complex it spanned continents and went beyond anything most ...Apple skirts US taxes, panel findsLos Angeles TimesSenators to query Apple on tax sheltersSan Francisco ChronicleApple Avoided Taxes on Overseas Billions, Senate Panel FindsWall Street JournalNew York Daily News -The Atlantic Wire -PC Magazineall 158 news articles »

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The money swamp created by Citizens United: Dark Money, corporate shell games, and SuperPAC plutocrats