Tag Archives | Corporation Watch

Target’s Anti-Union Propaganda PSA

Rounding out the the post-Labor-Day work week, here is Target’s informational video educating new employees on the dangers of unionization. The confusing logic seems to be, unions are unnecessary both because they are ineffective (they are just after your dues money), and they accompished so much in the past (ending child labor, et cetera) that all of workers’ problems have already been fixed:

New Target employees are forced to watch this video so that they are indoctrinated into fearing unions. If you’re a Target employee, please don’t be deceived by your bosses. Target Corporation made over 2.9 billion dollars last year. You deserve better wages, benefits, and working conditions, and your employer can afford to give them to you.

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The True Story Of Mitt Romney At Bain Capital

Via Rolling Stone, Matt Taibbi explains how what Bain does to the companies it takes over pretty much mirrors what Romney has in mind for America:

In Romney’s version of the tale, Bain Capital – which evolved into what is today known as a private equity firm – specialized in turning around moribund companies (Romney even wrote a book called Turnaround that complements his other nauseatingly self-complimentary book, No Apology) and helped create the Staples office-supply chain.

The reality is that toward the middle of his career at Bain, Romney made a fateful strategic decision: He moved away from creating companies like Staples through venture capital schemes, and toward a business model that involved borrowing huge sums of money to take over existing firms, then extracting value from them by force.

Here’s how Romney would go about “liberating” a company: A private equity firm like Bain typically seeks out floundering businesses with good cash flows.

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The Truth About Sports Drinks

If you’ve ever looked at a fluorescent colored so-called “sports drink” (i.e. Gatorade, Powerade and all the wannabes in the category) and wondered if it could possibly quality as a natural, healthy beverage, we now know the answer: No, it’s not. Don’t take my word for it, here’s an exhaustive review of the relevant science by Deborah Cohen in the BMJ:

Prehydrate; drink ahead of thirst; train your gut to tolerate more fluid; your brain doesn’t know you’re thirsty—the public and athletes alike are bombarded with messages about what they should drink, and when, during exercise. But these drinking dogmas are relatively new. In the 1970s, marathon runners were discouraged from drinking fluids for fear that it would slow them down, says Professor Tim Noakes, Discovery health chair of exercise and sports science at Cape Town University. At the first New York marathon in 1970, there was little discussion about the role of hydration—it was thought to have little scientific value.

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Big Food Companies Corrupting Organic Standards

Texarkana Roadtrip (CC)

The organic food movement in the United States has become a victim of its own success, with corporate food giants buying up most of the successful organic brands and dominating the standards board, writes Stephanie Strom in the New York Times:

Michael J. Potter is one of the last little big men left in organic food.

More than 40 years ago, Mr. Potter bought into a hippie cafe and “whole earth” grocery here that has since morphed into a major organic foods producer and wholesaler, Eden Foods.

But one morning last May, he hopped on his motorcycle and took off across the Plains to challenge what organic food — or as he might have it, so-called organic food — has become since his tie-dye days in the Haight district of San Francisco.

The fact is, organic food has become a wildly lucrative business for Big Food and a premium-price-means-premium-profit section of the grocery store.

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Protest Criminalized At ‘Pepper Spray University’

Via the New Statesman, on the Davis Dozen, who face ten year prison sentences for peacefully protesting the bank that paid for control over their school:

Sometime in July, eleven students and one professor at the University of California Davis will stand trial, accused of the “willful” and “malicious” act of protesting peacefully in front of a bank branch situated on their University campus.

There has been in recent months a great deal of online coverage of the brutality of public order policing at Davis. The treatment of the Davis Dozen, however, promises more longstanding injury. If found guilty, each faces charges of up to eleven years in prison and $1 million in fines.

As the collapse of the US banking sector caused the State of California to withdraw its funding for its public Universities, those same Universities turned to the banking sector for financial support. On 3 November 2009, just two weeks before riot police would end a student occupation at UC Berkeley by firing rubber bullets and tear gas at the students and faculty gathered outside, the University of California Davis announced on its website a new deal with US Bank, the high street banking division of U.S Bancor, the fifth largest commercial bank in the United States.

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Whistle-Blowing Financial Website Screwed Over by Wells Fargo

Via ML-Implode:

ML-Implode.com discovered in the course of its normal banking activities that Wells Fargo had frozen its bank account with no warning. Upon inquiring at the local branch (which had no direct knowledge of the incident), it was discovered the account had been flagged “credit risk”, and slated to be immediately closed.

These actions are more than slightly unusual because ML-Implode’s account was a plain checking account and was not an underwritten account. In fact, ML-Implode paid a monthly fee for the account, so Wells Fargo was certainly doing it no favors.

While the site is effectively insolvent (due to the impact of multiple frivolous libel suits from corrupt mortgage, e.g. by the outlawed Grant America scheme) and thus typically had a minimal balance, there had been no problems with overdrafts and all charges and obligations were always dutifully covered…

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Companies Most Compliant With Big Brother Include Verizon, AT&T, Apple, Microsoft, Foursquare

A report from the Electronic Frontier Foundation compares eighteen major internet companies’ willingness to hand over users’ personal information to authorities. Twitter, Google, and Dropbox are among those who get good marks for resisting Big Brother-type demands from government:

When you use the Internet, you entrust your online conversations, thoughts, experiences, locations, photos, and more to companies like Google, AT&T and Facebook. But what happens when the government demands that these companies to hand over your private information? Will the company stand with you?

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Occupy Radio: ‘Radio Wars’ Documentary About Sirius XM and the History of Radio (Trailer)

Via Radio Wars:

Radio Wars focuses on the controversial history of satellite radio as it exposes the secret story behind the power struggles for radio dominance. Sirius and XM Satellite Radio were engaged in a heated entanglement before they became one company, and their mutual fight for survival against traditional radio, the National Association of Broadcasters (NAB) and Wall Street, is one of radio’s most epic battles. Radio Wars delves deep into SiriusXM’s conflict-ridden history, from its earliest days to its darkest hour, and questions the motives of those who seek to control radio’s content in the future.

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Selling Software That Kills

Syrian Uprising MapWrites Jon Evans on TechCrunch:

The government of Syria uses made-in-California technology from BlueCoat Systems to censor the Internet and spy on its pro-democracy activists (who are regularly arrested and tortured, not to mention slaughtered wholesale.) Amesys of France and FinFisher of the UK aided brutal dictators in Egypt and Libya. Sweden’s Teliasonera allegedly took up the same cudgel in Belarus, Uzbekistan, Azerbaijan, Tajikistan, Georgia and Kazakhstan. McAfee and Nokia Siemens have done the same in Bahrain, Saudi Arabia and Kuwait.

Meanwhile, back in the USA, Bain Capital recently bought a Chinese video-surveillance company reportedly “used to intimidate and monitor political and religious dissidents,” and Cisco “has marketed its routers to China specifically as a tool of repression.” You can’t help but be impressed by how globalized the oppression-technology industry has become.

So what privacy/surveillance story caused an eruption of outrage this week? Yes, you guessed it: SceneTap, a startup that uses facial-recognition software to (anonymously) track demographics at bars and clubs in major American cities in real time.

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