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Why Capital Is Fleeing China: The Crushing Costs of Systemic Corruption
Why Capital Is Fleeing China: The Crushing Costs of Systemic Corruption What China will be left with a poisoned land stripped of talent and capital. Corruption isn’t just bribes and influence-peddling: it’s protecting the privileges of the few at the expense of the many. Rampant pollution is corruption writ large: the profits of the polluters are being protected […]
Macau’s Economy Blows Up
Macau’s Economy Blows Up China’s crackdown on corruption, or at least the ostentatious display of the spoils of corruption, and its selective hunt for corrupt officials, which to some observers resembles a political purge, may or may not tamp down on actual corruption, which is what greases the wheels in the Chinese economy. But it’s […]
Malaysia Bans The Color Yellow As Protests Swell Into The Hundreds Of Thousands
Malaysia Bans The Color Yellow As Protests Swell Into The Hundreds Of Thousands The anti-government protests that swept through the Malaysian capital of Kuala Lumpur on Saturday continued unabated on Sunday after tens of thousands of demonstrators camped in the streets overnight. Emboldened by the presence of influential former Prime Minister Mahathir Mohamad, protesters chanced […]
Indian anti-corruption official: state “orchestrated” Islamist terror
Indian anti-corruption official: state “orchestrated” Islamist terror Mumbai atrocities enabled by intelligence operations of India, Pakistan and the United States A senior Indian police officer and anti-corruption investigator last month accused the Indian government of orchestrating the Mumbai terror attacks which occurred nearly seven years ago, according to an Indian government official. R. V. S. […]
Central Banks Have Become A Corrupting Force
Central Banks Have Become A Corrupting Force Are we witnessing the corruption of central banks? Are we observing the money-creating powers of central banks being used to drive up prices in the stock market for the benefit of the mega-rich? These questions came to mind when we learned that the central bank of Switzerland, the […]
The Honduran Coup’s Ugly Aftermath
The Honduran Coup’s Ugly Aftermath Exclusive: As Secretary of State in 2009, Hillary Clinton helped a right-wing coup in Honduras remove an elected left-of-center president, setting back the cause of democracy and enabling corrupt and drug-tainted forces to tighten their grip on the poverty-stricken country, as Jonathan Marshall explains. Imelda Marcos will forever be remembered for […]
Hundreds Of Thousands Take To The Streets In Brazil Demanding President’s Impeachment
Hundreds Of Thousands Take To The Streets In Brazil Demanding President’s Impeachment Protests are underway in Brazil as hundreds of thousands take to the streets to call for the impeachment of President Dilma Rousseff. Here’s Bloomberg: An estimated 25,000 protesters in Brasilia marched toward Congress, chanting against Rousseff and corruption, carried a long banner demanding […]
Forest Service Official Who Let Nestle Drain California Water Now Works For Them
Forest Service Official Who Let Nestle Drain California Water Now Works For Them An ongoing investigation by The Desert Sun into Nestle’s contentious bottled water operations in drought-stricken California first disclosed that the company’s permit to draw water had a rather astonishing expiration date that occurred over a quarter century ago, in 1988. Recently, the Sunreported an update in the investigation with […]
Peddling the Corruption of Liberty
Peddling the Corruption of Liberty Liberty’s Detractors Ever since the idea of individual liberty has achieved some measure of credibility over the world, those who would be unseated by its limited triumph had to find some way to discredit it or trump it somehow. One way was to re-christen servitude, to make it appear like […]
BC’s Gas Export Hopes Face ‘Scandal that Ate Malaysia’
BC’s Gas Export Hopes Face ‘Scandal that Ate Malaysia’ Asian nation’s PM, key to $36 billion LNG bid by Petronas, in corruption probe. The prime minister of Malaysia, who is central to British Columbia’s liquefied natural gas development ambitions, is the subject of a major financial corruption scandal rocking his country. Earlier this month The […]
How Fascist Capitalism Functions: The Case of Greece
How Fascist Capitalism Functions: The Case of Greece There is democratic capitalism, and there is fascist capitalism. What we have today is fascist capitalism; and the following will explain how it works, using as an example the case of Greece. Mark Whitehouse at Bloomberg headlined on 27 June 2015, “If Greece Defaults, Europe’s Taxpayers Lose,” and presented […]
Wikipedia as Propaganda Not History — MH17 as An Example
Wikipedia as Propaganda Not History — MH17 as An Example Wikipedia articles are more propaganda than they are historical accounts. And, often, their cited sources are misleading, or even false. On 15 August 2007, the BBC headlined “Wikipedia Shows CIA Page Edits,” and Jonathan Fildes reported that, “An online tool that claims to reveal the identity of […]
Greece Caves, Formally Requests ESM Bailout: Full Headline And Next Steps Summary
Greece Caves, Formally Requests ESM Bailout: Full Headline And Next Steps Summary As we reported yesterday, following the latest European leaders summit, Greece was given until the end of the week to come up with a proposal for sweeping reforms in return for loans that will keep the country from crashing out of Europe’s currency […]
U.S. Wealth-Concentration: The Most-Accurate Current Estimates
U.S. Wealth-Concentration: The Most-Accurate Current Estimates CURRENT REALITIES: Wealthiest Tenth (10%) of Americans Own 75% of America; They Draw 40% of All U.S. Income. Wealthiest Hundredth (1%) of Americans Own 43% of America; They Draw 20% of All U.S. Income. Wealthiest Thousandth (0.1%) of Americans Own 22% of America; They Draw 8% of All U.S. Income. Wealthiest Ten-Thousandth (0.01%) Own 11.2% of […]
