Tag Archives | Corporations

Goldman Sachs Contains 4,000 Separate Corporate Entities

Including more than 739 companies based in the Cayman Islands alone. Common Dreams on the staggering webs woven by multinationals as they split and grow, bringing to mind primitive, blob-like life forms expanding and engulfing their surroundings:

The London-based Open Data Institute has collected and mapped ccorporate data, much of it made public for the first time, showing the complex relationships between multinational companies and their global subsidiaries. Stunning visuals on the corporate networks of the six biggest banks in the U.S. – Goldman Sachs, Bank of America, Morgan Stanley, Wells Fargo, Citigroup and JP Morgan – show the tangled webs they weave.

corporate entities

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Cenk Uygur on Climate Change: Remember Who Lied to You

Cenk Uygur and “The Young Turks” panelists Cara Santa Maria, Ana Kasparian and Jayar Jackson talk about the latest extreme weather and why public support for addressing climate change isn’t getting the job done. “The problem is, our democracy is gone,” Cenk says. “As we saw on gun control, you could have over 90 percent saying, ‘I want background checks’ and the Senate’s going to say, ‘Suck it. I don’t care.’” Cenk blames the media as well as Congress for perpetuating climate change denial. “Remember who lied to you,” he concludes. “It was those sons of bitches who lied to you for profit — and then we have to deal with the consequences, all of us together.”

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Broken Saints – Chapter 1 – “Introitus”

Broken Saints is an award-winning, partially Flash-animated film series by Brooke Burgess, Ian Kirby, and Andrew West. First published in 2001, it is one of the earliest examples of a motion comic.

Centered on philosophical, religious, political and spiritual themes, it tells the story of four strangers from “the quiet corners of the globe” connected by a vision they all receive of a coming evil. Their search for the truth behind the vision leads them to each other and to far larger and more disturbing truths than they could have expected.

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Woody Harrelson ‘Ethos’ – Time to Unslave Humanity

Woody Harrelson ‘Ethos’ – Time to Unslave Humanity from TheOccultruth on Vimeo.

This documentary examines the flaws in our systems, and the mechanisms that work against democracy and the environment. From conflicts of interests in politics and unregulated corporate power, to a news media that serves the interests of powerful elites; ETHOS explores the systems that lead us into over consumption and warfare. Too often the media celebrates aspects of our society that belong in the dark ages, while at the same time ignoring or ridiculing progressive thinking or ideas. Many aspects of the way our systems work almost guarantee our destruction as a society and that’s what this film is about. Fractured societies, poverty, disparity, pollution, warfare. Is there something inherently wrong with the human race? Is that what we should think of ourselves? We have tried to set up forms of law and government that safeguard the public good.

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You Are a Corporate Guinea Pig

Pic: Sandos (CC)

Gerald Markowitz, David Rosner, and Nick Turse write at TomDispatch:

Just over three years ago, an explosion on the Deepwater Horizon oil rig leased by BP killed 11 people, injured 17, and — according to government estimates — polluted the Gulf of Mexico with 210 million gallons of Louisiana sweet crude.  It turns out, however, that the casualty toll didn’t end with those 28 workers.  The real number may reach into the thousands.

Last year, BP pled guilty to 14 felonies stemming from the disaster, including misleading Congress about the amount of oil that gushed into the gulf.  But that wasn’t the only way BP attempted to cover up the extent of the spill.  The main method was using 1.84 million gallons of a substance known as Corexit that acts to “attach itself to leaked oil, break it into droplets, and disperse them into the vast reaches of the gulf, thereby keeping the oil from reaching Gulf Coast shorelines.”

Writing for Newsweek and with the support of the Nation Institute’s Investigative Fund, Mark Hertsgaard recently laid bare how Corexit was utilized and the dire effects it apparently had on the men and women who worked to “clean” the gulf in the wake of BP’s historically unprecedented spill.

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If Corporations Dodge Taxes, Why Shouldn’t You?

Robert Scheer writes at Truthdig:

Go offshore young man and avoid paying taxes. Plunder at will in those foreign lands, and if you get in trouble, Uncle Sam will come rushing to your assistance, diplomatically, financially and militarily, even if you have managed to avoid paying for those government services. Just pretend you’re a multinational corporation.

That’s the honest instruction for business success provided by 60 of the largest U.S. corporations that, according to a Wall Street Journal analysis, “parked a total of $166 billion offshore last year” shielding more than 40 percent of their profits from U.S. taxes. They all do it, including Microsoft, GE and pharmaceutical giant Abbott Laboratories. Many, like GE, are so good at it that they have avoided taxes altogether in some recent years.

But they all still expect Uncle Sam to come to their aid with military firepower in case the natives abroad get restless and nationalize their company’s assets.

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Wave of “Ag Gag” Bills Threaten Food Safety and Freedom of the Press

Picture: Maqi (CC)

Rebekah Wilce writes at PR Watch:

Remember “fecal soup”? A CBS “60 Minutes” exposé in 1987 documented widespread food safety violations by the poultry industry, making use of undercover video from a hidden camera placed by the “60 Minutes” crew. The episode vindicated U.S. Department of Agriculture (USDA) whistleblower Hobart Bartley, who had been ignored and threatened by his superiors and finally transferred to another plant when he warned of unsanitary conditions at a Simmons Industries plant in Missouri. Bartley was particularly irate about the “eight-foot-high vat of water called the ‘chiller,’ where as many as 10,000 chicken carcasses were routinely left to float, soaking up moisture to increase their selling weight. Dried blood, feces, and hair were floating in along with the dead birds. Diane Sawyer later called it ‘fecal soup.’”

In the modern era, effective enforcement of food safety and the humane treatment of animals has long relied on undercover video investigations by reporters and citizens.

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E.S.P. Exists: Inside Sony’s Corporate Research

Why would one of the world’s most successful and innovative technology corporations research a highly controversial subject and risky future product opportunity such as E.S.P. (extrasensory perception) and then – oh by the way – tell the world they proved it existed?

Huh… unlikely? What company and why isn’t this more widely known? That’s just what I thought. I came across this fun fact while searching for information to help me understand a strange series of events that had occurred six years ago this month. Coincidentally, I happened to be working for this company when I found out.

Described as “anomalous processes of information or energy transfer”, Psi phenomenon is a very controversial subject. On one side, scientists, physicists, and PhDs attesting to its reality, and on the other, their opponents who question the methods of study, the resulting data and testimonies.

knowledge is power

The monumental power of electricity, now well controlled, was at one time an anomalous process of energy transfer.… Read the rest

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Has The Dystopian Singularity Already Occurred, In The Form Of Corporations?

The prime futurist fear is that humanity will create some advanced technology with an ostensibly positive purpose, but it will buck our control and undo the world as it pursues some twisted version of the ends it was programmed to achieve. Quiet Babylon writes that this artificially-sentient oppressor has already arrived:

One of my favorite recurring tropes of AI speculation/singulatarian deep time thinking is meditations on how an evil AI might destroy us.

Here’s an example: The scenario imagined is where there is a button that humans push if the AI gets an answer right and the AI wants to get a lot of button presses, and eventually it realizes that the best way to get button presses is to kill all the humans and institute a rapid fire button-pressing regime.

You would have this thing that behaves really well, until it has enough power to create a technology that gives it a decisive advantage — and then it would take that advantage and start doing what it wants to in the world.

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