Corruption






While Robert Greenwald’s Brave New Films and its many allies called out Walmart for its unscrupulous business practices years ago in the documentary Wal-Mart: The High Cost of Low Price, the mainstream…



David Frum discusses American corruption at the University of Florida:

“…what we now see are members voting for very specific investment-oriented things in which they share the benefit with ten people, or twelve people. And finally there’s this very haunting fact that whenever we study the stock portfolios of members of congress, they seem to do about twice as well as the market.”



Via Raw Story:

When it comes to politics, money talks and bullshit walks…right into public office. Most politicians aren’t nearly as upfront about the connection between receiving loads of money and their willingness to pay attention to their constituents. Then again, most politicians aren’t Rep. Todd Akin, currently running for senate in Missouri. Akin was perhaps a little too candid for his own good at a Kansas City Fair Tax meeting in May when he answered a question about the best way to contact a member of congress. The campaign to re-elect his opponent, Sen. Claire McCaskill, uploaded the audio just a couple of days ago:

“I’m in a three way primary for the U.S. Senate. I’ve gone to people and asked for their support, their help, or their endorsement and some people say yes. They write me a decent check. I remember that… You remember who’s helping you. That’s one way that people get to know Congressmen and Senators.”

Read more at Raw Story.





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…





Via Media Roots:

Robbie & Abby Martin of Media Roots have an impromptu late night conversation about existentialism: the progression of technology and its effect on human interaction; human nature and the inability to face personal truths; reinforced perceptions of reality and societal myths keeping people in line; false flag terrorism, corporate collusion, the police state ruling society by fear and the unsustainable nature of global capitalism.



Via Al Jazeera:

Valery Morozov, a successful Russian businessman has been granted political asylum in Britain after exposing an alleged corruption scandal involving officials and police in Russia. Hoping to build a hotel in time for the 2014 Winter Olympics in Sochi, he says he paid about $10.5m in bribes to keep the contract from a competitor with close ties to the government, contributing to an estimated $300bn in bribes paid by Russians every year, according to the anti-corruption organisation Transparency International.