Corporate Crime is given less attention than the poor who shoplift. Proving once again under capitalism, which of course is legalized theft, crime pays if you are rich enough.
By Gerald Caplan | Globe and Mail | June 22, 2005
Let's stop despoiling Africa and then blaming Africans for their continent's underdevelopment, says UN adviser Gerald Caplan.
Getting it wrong about Africa is a venerable tradition in the rich world, and music has played its role. Remember the great famine concerts of 20 years ago and the giant hit Do They Know It's Christmas? It's just been rerecorded, with its inane lyrics of Africa as a land "underneath a burning sun . . . where nothing ever grows" and "no rain nor river flows." Get it? Natural causes and bad luck are at the root of Africa's problems.
David Leigh and David Pallister | The Guardian | June 1, 2005
Tony Blair is pushing hard for African debt relief agreements in the run-up
to the G8 summit in Scotland in July. But while sub-Saharan Africa is the
object of the west's charitable concern, billions of pounds' worth of
natural resources are being removed from it.
A Guardian investigation beginning today reveals that instead of enriching
often debt-ridden countries, some big corporations are accused by
campaigners of facilitating corruption and provoking instability - so much
so that organisations such as Friends of the Earth talk of an "oil curse".
"The tone is not what you might expect from the economy minister of a leftwing government that includes communists and former guerrillas. But less than 100 days after the Broad Front coalition took power, Mr Astori's words are heartening markets and impressing Wall Street."
Three out of four Ontario residents agree that communities are better off when governments and not private companies provide public services, according to poll results released by the Canadian Union of Public Employees (CUPE) Ontario.
"The capitalist perversion of 'donations,' 'free,' and 'tips,' have now rendered new definitions for those old concepts and words. When I was young, people tipped according to the quality of service rendered. Tipping was voluntary and it actually was 'earned.' Nowadays, if a person simply hands you a cup of coffee, from less than a foot away, they glare if you do not tip. My assessment of this is capitalist employers are using 'tips' as a supplement to substandard wages, forcing employees to aggressively panhandle, really, under the guise of 'voluntary tipping.' Another dirty capitalist ploy is advertising something as 'free,' but blocking all entrances to the event with aggressive 'donations' volunteers who literally will not let you enter the event without glares and often a scene, if you actually try to go to the 'free' event without paying. Often 'suggested donation' really means 'admission price,' and I wish people would be honest and just say what they mean."
"[...A]s United Airlines prepares to dump its pension obligations on the federal government in the largest default in U.S. history, it looks like the last curtain is about to fall on traditional pension programs.
When the government insurer, PBGC, takes over pension plans, benefits are often reduced due to legal limits. Of United's underfunded $9.8 billion, just $6.6 billion is guaranteed.
The government estimates that defined-benefit programs are underfunded by $450 billion."
Washington -- It's not news that China has become trade enemy No. 1 in
But the harsh anti-China rhetoric on the home front is really just a
sideshow to a global race for power, influence and resources.
The Bush administration has slapped tariffs on imported Chinese clothes and
is threatening further sanctions if China doesn't inflate its currency in
the next few months. An angry U.S. Congress is vowing much worse -- a
blanket 30-per-cent tariff on the hundreds of billions of dollars worth of
Chinese goods imported into the United States every year.
"The 'Declaration of Brasilia' to be endorsed this Wednesday calls for close political and economic ties between South America and the Arab world; demands that Israel disband its settlements in the West Bank, including 'those in East Jerusalem', and retreat to its borders before 1967; criticizes US 'unilateral economic sanctions against Syria', which violates principles of international law; and forcefully condemns terrorism. Israel is also implicitly criticized for holding an undeclared nuclear arsenal. The declaration also calls for a global conference to define the meaning of terrorism, and defends peoples' rights to 'resist foreign occupation in accordance with the principle of international legality and in compliance with international humanitarian law'."
NEO LIBERALISM A FAILURE IN CANADA
"Public Policy wonks, both from the left and right, the soul of capitalism; the TD Bank, and Stats Canada all agree that for twenty boom years of capitalism in North America, Canadian workers still have yet to benefit.
Tax cuts have produced no measurable effect for the average Canadian family for twenty years. And in fact have contributed to the continuing immizeration of Canadian workers. When Jim Stanford of the Canadian Auto Workers (CAW) and the Chief Economist for the TD.Bank agree on this empirical fact, when will the Conservative right wing admit that their policies do nothing for us but lots for our bosses."
Welcome to the Alberta Reich. Once again, Herr Klein has allowed the fox to run the hen house. In doing so the all too predictable has happened.
Instead of admitting that provincial regulation (or non regulation ) of the Alberta stock exchange is a FAILURE and a SCANDAL of insider trading proportions. The Alberta Reichstadt circles the wagons in defense of its own, while Ralph goes golfing.
Just a few hundred people picketed the latest IMF-World Bank spring meetings - a far cry from a few years ago when it seemed no summit of world financial institutions was complete without thousands of protestors on the streets.
"Venezuelan President Hugo Chavez reiterated
his opposition to the Free Trade Area of the Americas (FTAA) on
Tuesday, saying his stance seems to concern 'Mr. Danger'
-an apparent reference to U.S. President George W. Bush."
"Venezuela said yesterday it will raise income tax on private oil projects to 50 per cent as part of a campaign by President Hugo Chavez to increase revenue from the energy sector."
"Mr. Chavez, a self-described socialist revolutionary who often blasts U.S. foreign policy, has vowed to use Venezuela's oil revenue to fight poverty."
"Mr. Chavez has criticized the 1990s [oil bidding] deals for 'robbing' Venezuela by giving foreign businesses access to natural resources under terms unfavourable to the OPEC nation. He has also launched investigations into tax payments by oil companies."
"Buenos Aires -- In threatening to get a local court to void possibly adverse
rulings by a World Bank-sponsored arbitration tribunal, Argentine Justice
Minister Horacio Rosatti insists he is acting as any responsible attorney
general would under the circumstances."
"Argentine law 'gives the same civil and property rights to foreigners as (Argentine) nationals, but never did anyone think that the foreigner would have more rights than nationals,' Rosatti said."