Tag: Corporate power
Why BP deserves the corporate death penalty
“BP deserves the corporate death penalty,” Green Change co-founder Gary Ruskin told Corporate Crime Reporter last week. “ BP America Inc. does not have a God given right to perpetually violate our laws with near impunity.”
US Justice Dept. too chicken to pin crime on Pfizer
Imagine being charged with a crime, but an imaginary friend takes the rap for you.
Corporation runs for Congress to show that "corporations are people too"
"Until now, corporate interests had to rely on campaign contributions and influence-peddling to achieve their goals in Washington," the candidate, who was unavailable for an interview, said in a statement. "But thanks to an enlightened Supreme Court, now we can eliminate the middle-man and run for office ourselves."
10 ways to stop corporate dominance of politics
[W]hat can be done to limit or reverse the effect of the Court's decision? Here are 10 ideas:
Corporate lobbyists get potent weapon in US Supreme Court ruling
The Supreme Court has handed a new weapon to lobbyists. If you vote wrong, a lobbyist can now tell any elected official that my company, labor union or interest group will spend unlimited sums explicitly advertising against your re-election.
US Chamber of Commerce spent amazing $123 million to lobby Washington in 2009
The U.S. Chamber of Commerce, which has been leading a high-priced campaign against health care legislation, shelled out $123 million for federal lobbying in 2009, almost double what the business group spent the previous year.
US Supreme Court strikes down major anti-corruption law
The Supreme Court today overturned a century-old restriction on corporations using their money to sway federal elections and ruled that companies have a free-speech right to spend as much as they wish to persuade voters to elect or defeat candidates for Congress and the White House.
Sotomayor challenges corporate personhood
In her maiden Supreme Court appearance last week, Justice Sonia Sotomayor made a provocative comment that probed the foundations of corporate law.
New Supreme Court Justice Sotomayor questions corporate personhood
In her first appearance as a U.S. Supreme Court Justice, Sonia Sotomayor questioned the concept of corporate personhood, which endows corporations with constitutional rights that persons enjoy.
Tightening the corporate grip
Can things get still worse in Washington? Yes, they can. And they will, if the Supreme Court decides for corporations and against real human beings and their democracy in a case the Court will be hearing today, Citizens United v. Federal Election Commission.
Consumer columnist fired for reporting on paper's major advertiser
Consumer affairs columnist George Gombossy has worked for the Hartford Courant since 1969—longer than most Consumerist readers have been alive. Yesterday was his last day at the paper, but he wasn't caught up in one of the rounds of buyouts and layoffs hitting the newspaper industry. Gombossy claims that he was "was fired for doing [his] job," after his last column exposed the bedbug-infested mattresses sold by a major Courant advertiser.
Avoiding corporate liability
Once upon a time early in the 19th century, corporations came into existence by state legislatures approving charters, which were granted for a limited period of time and for limited purposes.
Populism, and why it matters
The very essence of populism is its unrelenting focus on breaking the iron grip that big corporations have on our country--including on our economy, government, media, and environment.
Senior Fed official: "too big to fail" is a farce
In surprisingly blunt criticism of both the government and his colleagues, Federal Reserve Bank of Kansas City chief Thomas Hoenig argued that “insolvent firms must be allowed to fail regardless of their size, market position or the complexity of operations.”
Scholar warns of creeping totalitarianism in America
The United States, if it does not radically alter course, will become a totalitarian state. That is the argument of Sheldon S. Wolin's Democracy Incorporated.
How to stop pay-for-play in earmarks
As we watch Senator Roland Burris take the lead role in the latest episode of “The Rod Blagojevich Show,” a question arises: Is there a substantive difference between a governor promising a Senate appointment in exchange for campaign contributions, and a member of Congress securing an earmark for the same — aside from a vulgar telephone call discussing the transaction? Perhaps not.
Head Roc - Change in America
Check out this great new track from Washington DC rapper Head Roc and Godisheus.
Wither Wall Street
Soon after the passage in 1999 of the Clinton-Rubin-Summers-P. Graham deregulation of the financial industry, I boarded a US Air flight to Boston and discovered none other than then-Secretary of the Treasury Lawrence Summers a few seats away.
The best investment: over $3 billion spent on lobbying in 2008
"When the government is handing out billions of dollars, lobbyists will be among the last people laid off," Ritsch said. "What companies spend (on lobbying) is only a tiny fraction of what they can reap" from the government.
America's embrace of Lemon Socialism
It's called Lemon Socialism. Taxpayers support the lemons. Capitalism is reserved for the winners.
Clinton intervened on behalf of husband's donors six times
Secretary of State nominee Hillary Rodham Clinton intervened at least six times in government issues directly affecting companies and others that later contributed to her husband's foundation, an Associated Press review of her official correspondence found.
How to protect consumers
Back when campaign spending was limited by law, there was an effective quota on taking money from special interests. After the cap was reached, it was more effective to do favours for voters than corporate interests. One way to do this was to support consumer protection initiatives.
Noam Chomsky: do Obama's staff choices match his rhetoric?
World-famous linguist, media critic and foreign policy analyst Noam Chomsky compares Obama's rhetoric with his actions so far.
Chevron escapes responsibility for Nigeria killings
A federal jury has cleared Chevron Corp. of responsibility for any human rights abuses during a violent protest on a company oil platform in Nigeria a decade ago.
The 10 worst corporations of 2008
What is most revealing about the financial meltdown and economic crisis, however, is that it illustrates that corporations — if left to their own worst instincts — will destroy themselves and the system that nurtures them. It is rare that this lesson is so graphically illustrated. It is one the world must quickly learn, if we are to avoid the most serious existential threat we have yet faced: climate change.
Obama picks hawkish big business ally for chief of staff
Obama has asked conservative Clinton vet Rahm Emanuel to be his chief of staff -- it's not a good sign for progressives.
Environmental failure: a case for a new Green politics
The U.S. environmental movement is failing – by any measure, the state of the earth has never been more dire. What’s needed, a leading environmentalist writes, is a new, inclusive green politics that challenges basic assumptions about consumerism and unlimited growth.
Nader urges courts to challenge constitutionality of corporate personhood
The word "corporation" or "company," or the words "political party," do not appear anywhere in the U.S. Constitution. How then can these two excluded corporate institutions have such power over Americans who, as "real people," are the only "persons" protected and given rights under our Constitution?
The idiots who rule America
Our oligarchic class is incompetent at governing, managing the economy, coping with natural disasters, educating our young, handling foreign affairs, providing basic services like health care and safeguarding individual rights. That it is still in power, and will remain in power after this election, is a testament to our inability to separate illusion from reality.
Bring back New Deal economics and revive the American dream
The current financial crisis presents an opportunity to scrap the failed policies of neoliberal economics and make America's economic policy both stronger and fairer. By rejecting band-aid solutions, taking decisive action to stop the bleeding, holding the culprits accountable, and reforming our financial system to address the root causes of the crisis, we would do future generations a great service.
Wall St. crisis exposes dangers of neoliberal free-market ideology
The Wall Street crisis of 2008 was the inevitable culmination of decades of neoliberal economic policy, which views free markets and deregulation as the solution to every problem. Investigative journalist Naomi Klein explains how this dangerous ideology took hold throughout US academia and government, and why the Wall Street crisis should be for neoliberalism what the fall of the Berlin Wall was for Soviet Communism.
The military-industrial complex: Eisenhower's warning
"In our councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex..."
A Better Bailout
Proposals from Washington to fix the financial crisis fall far short of addressing the fundamental problems that led to the crisis. Nobel Prize-winning economist and author of "Globalization and Its Discontents" Joseph Stiglitz outlines an alternative bailout that would benefit the American people instead of the big corporations that made this mess.
Presidential debates: corporate-sponsored and undemocratic
Most Americans would be surprised to learn that today's presidential debates are tightly controlled by a private corporation that was founded by Democratic and Republican party bosses in order to stifle competition. The Commission on Presidential Debates is thoroughly corrupt, from the well-connected lobbyists who run it to its sponsorship by big-money corporate interests and its undemocratic exclusion of independent voices.
Justice Dept. makes it harder to investigate, prosecute corporate crime
The Justice Department Thursday formally barred prosecutors from pressuring companies and individuals under investigation to waive legal protections...
Uhlmann says it is wrong to defer prosecution of corporate crime
It’s wrong to use deferred prosecution agreements to settle corporate crime cases. That’s the take of David Uhlmann. For seven years, Uhlmann was head of the Environmental Crimes Section at the Justice Department.
The Nokia Democratic Convention?
The Democratic and Republican conclaves this summer in Denver and St. Paul, Minn., will be financed overwhelmingly by private money from some of the nation's largest corporations...
Burger with a side of spies
While the Patriot Act has raised fears about government spying on ordinary citizens, the growing threat to civil liberties posed by corporate spying has received much less attention.
Justice Dept. goes easy on Big Business
In a major shift of policy, the Justice Department, once known for taking down giant corporations, including the accounting firm Arthur Andersen, has put off prosecuting more than 50 companies suspected of wrongdoing over the last three years.
Corporate consultants have ties to Dems, McCain
Operatives gain expertise and contacts by promoting politicians, then they make money by advising clients on how to influence those politicians.
How things work: FTC chair to join Procter & Gamble
The chair of the Federal Trade Commission (FTC), Deborah Platt Majoras, is leaving her job. She's going to become vice president and general counsel for Procter & Gamble (P&G).
Clinton, Obama are Wall Street darlings
Hillary Rodham Clinton and Barack Obama, who are running for president as economic populists, are benefiting handsomely from Wall Street donations, easily surpassing Republican John McCain in campaign contributions from the troubled financial services sector.
Public risk, private gain
The story so far: With the acquiescence of federal regulators, Wall Street went hog wild, earned gobs of money and, in the process, created a whopping mess that the federal government now has to clean up.
Need to know
When companies are sued for selling unsafe consumer products or creating environmental hazards, the cases too often end with court orders that keep vital health and safety dangers secret.
Industries want regulations now, not next administration
Industries from agriculture to power are pressing for the Bush administration to act on a slew of pending regulations, betting they will do worse no matter who wins the White House in the fall.
Making food safe
The net of regulations and inspections that is supposed to ensure food safety is fraying to the point of breaking.
Forget that day in court
After years of an all-out campaign, at the heart of which was relentless media propaganda, judicial selection and legislation, the courthouse doors are rapidly being closed to average citizens, who will be shunted off into a lucrative private legal system presided over by retired judges employed by alternative dispute-resolution providers.
Lobbyists advise Obama campaign
There is a tight connection between Obama and special interests. Lobbyists serve as top advisers and volunteer on his campaign.
'Say on pay' gets a push, but will boards listen?
In Australia, Sweden, Britain and the Netherlands, shareholders vote each year on whether a company's executive compensation is acceptable.
Supreme Court considers protecting drug makers from lawsuits
Less than a week after issuing a sweeping ruling that bars most lawsuits against medical device makers, the Supreme Court heard arguments Monday in the first of two cases that could determine whether drug makers receive similar protection.
Ralph Nader and the battle to save democracy
Nader, perhaps better than anyone else, has grasped the long, disastrous rise of the corporate state....And it is better to stand up and fight, even in vain, than not to fight at all.
Meat roulette
Nauseating as it was, last week's record-setting beef recall and the apparent feeding of meat from crippled "downer" cattle to our nation's children and others should come as little surprise.
McCain: the anti-lobbyist, advised by lobbyists
In McCain's case, the fact that lobbyists are essentially running his presidential campaign -- most of them as volunteers -- seems to some people to be at odds with his anti-lobbying rhetoric.
Supreme Court gives business 2 wins
The Supreme Court gave business two big wins Wednesday by shielding companies from lawsuits and state regulations.
Curbing the anti-social practices of banks
Politicians and regulators have been slow to wake up to the destructive impact of banks on the rest of society.
Reform the Mining Act of 1872
In recent weeks, the federal Forest Service awarded a British company the right to explore for uranium on 39 separate sites on national forest land just outside Grand Canyon National Park, less than three miles from a popular lookout over the canyon’s southern rim.
Predatory lenders' partner in crime: the Bush administration
Even though predatory lending was becoming a national problem, the Bush administration looked the other way and did nothing to protect American homeowners. In fact, the government chose instead to align itself with the banks that were victimizing consumers.
House still allows parties with lobbyists
The lavish fetes that lobbyists and special-interest groups stage at political conventions to honor members of Congress were supposed to be a thing of the past.
Big business floods presidential campaigns with influence money
Corporate America is pouring money into the U.S. presidential campaign at an unprecedented rate, with a torrent of donations coming from the businesses behind the subprime mortgage crisis.
Nuclear industry loves Obama, Clinton
Obama is the largest beneficiary of money from companies that have a stake in nuclear energy's future. The Braidwood plant's owner, Exelon Corp., has donated $275,000 to Obama over his career.
ExxonMobil reaps biggest profit in US History
Buoyed by soaring crude oil prices, Exxon Mobil announced yesterday that it set new records for U.S. quarterly and annual corporate profits in 2007, and Chevron, the nation's second-largest oil company, also reported big gains in earnings.
Johnston’s book on corporate welfare strikes out at the Times
David Cay Johnston is a Pulitizer-prize winning business reporter at the New York Times.
Mine fines routinely ignored
Federal regulators have allowed mine operators to avoid fines for thousands of health and safety citations, despite a federal law that requires monetary penalties for such violations, government officials have confirmed.
Bush to pitch more corporatist trade deals
President Bush will ask skeptical legislators not to spurn free trade, urging passage of a pact with Colombia in a State of the Union address expected to stress keeping the U.S. engaged in the highly competitive global economy.
Union membership sees biggest rise since ’83
The roll of American workers belonging to labor unions climbed last year by the largest number since 1983, the Bureau of Labor Statistics reported Friday.
White House looking at corporate shill for key product safety post
The White House is considering a scientist who has frequently testified and written on behalf of the energy, pesticide and tobacco industries to chair the nation's chief product-safety regulator.
Clinton's awful bankruptcy vote
Sen. Hillary Clinton is on the defensive for another vote aligned with President Bush early in her legislative career: this one for a measure to make it more difficult to erase personal debts through bankruptcy.
Corporate impunity
Congress, in the wake of a Supreme Court decision this week, should step in to ensure that companies that help other companies perpetrate fraud do not go unpunished.
Supreme Court limits lawsuits by shareholders
Ruling in its most important securities fraud case in years, the Supreme Court on Tuesday placed a towering obstacle in the path of shareholders looking for someone to sue when a stock purchase turns sour.
Big business is even more unpopular than you think
The U.S. public holds Big Business in shockingly low regard.
Farmers will protest NAFTA changes
U.S. officials trumpeted an end to farm trade restrictions under NAFTA, the controversial North American trade deal, on Friday, while Mexican farmers vowed to take to the streets to protest liberalization they fear will run them into the ground.
Obama is just another political sedative
While idealistic young people are swooning over Obama's message of hope, faith and change -- no one inside the beltway has any doubts about the corporate connections.
Chamber of Commerce vows to punish anti-business candidates
Alarmed at the increasingly populist tone of the 2008 political campaign, the president of the U.S. Chamber of Commerce is set to issue a fiery promise to spend millions of dollars to defeat candidates deemed to be anti-business.
Ex-lawmakers love to sell their influence
Lawmakers have been jumping to K Street at a dizzying pace, sometimes even before their terms are up. The reason: No matter who wins in November, and regardless of the victor's view of "special interests," demand for lobbyists will be huge.
Victories in 2007
It's easy enough to recount what went wrong in 2007. But it wasn't all bad. Not only did grassroots movements and citizen campaigns -- and sometimes governments responsive to public demands -- defeat and resist countless corporate power grabs, they won some vitally important, affirmative victories.
Oregon AG stands up to music industry bullies
The record industry got a surprise when it subpoenaed the University of Oregon in September, asking it to identify 17 students who had made available songs from Journey, the Cars, Dire Straits, Sting and Madonna on a file-sharing network.
32 lobbyists bundle funds for McCain
Sen. John McCain (R-Ariz.) took a break from the presidential campaign trail in March to fly to a posh Utah ski resort, where he mingled with hundreds of top corporate executives assembled by J.P. Morgan Chase for its annual leadership conference.
Edwards pledges not to hire lobbyists
John Edwards vowed Saturday that corporate lobbyists would not be allowed to work in his administration, if elected.
Protesting at malls upheld in California
The California Supreme Court ruled Monday that privately owned shopping malls cannot stop protesters from demonstrating there to urge a boycott of one of the tenants.
Gridlock is great for big business
For all the lamenting about gridlock on Capitol Hill this year, Congress's tortured year did create some winners: the companies and industries that avoided tax increases and subsidy cuts as legislation was blocked or narrowed.
Labor board favors business
Senate and House Democrats attacked the Republican-led National Labor Relations Board at a Congressional hearing on Thursday, saying its recent decisions had favored employers over workers.
Roll Back the New Gilded Age: Repeal the Taft-Hartley Act
This August marks the 60th anniversary of the Taft-Hartley Act, one of the great blows to American democracy, going into effect.
How the neoliberals stitched up the wealth of nations for themselves
Neoliberalism, if unchecked, will catalyse crisis after crisis, all of which can be solved only by greater intervention on the part of the state.







