Edward Snowden

Open Letter To Obama

July 26, 2013 President Barack Obama The White House 1600 Pennsylvania Avenue, N.W. Washington, D.C. 20500 Re: Civil Disobedience, Edward J. Snowden, and the Constitution Dear Mr. President: You are acutely aware More »

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U.S. Companies Pay Just One-Third Of The Legal Tax Rate: GAO Study

Huffington Post July 1, 2013 By Mark Gongloff Big, profitable U.S. companies paid an average federal tax rate of less than 13 percent in 2010, according to a new study — or More »

jeff olsen

Man Tried for Chalk Drawings Found Not Guilty

NBC San Diego July 1, 2013 By Christina London The man accused of vandalism for drawing with chalk outside banks has been found not guilty on all charges. A jury returned its More »

freedom-of-the-press

The Bigger Story Behind the AP Spying Scandal

Washington’s Blog/Global Research May 20, 2012 By George Washington Attack on the Press You know that the Department of Justice tapped scores of phone lines at the Associated Press. You might have More »

anon

‘Anonymous’ Hacker Explains Why He Fled The US

Business Insider Mar. 2, 2012 By Michael Kelley Anonymous is front and center these days: the amorphous hacktivist group has been publishing internal data of U.S. banks while prominent members are prosecuted More »

Category Archives: poverty

One Year’s Salary : Europe Caps Banker Bonuses

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Spiegel Online
Mar. 2, 2012

In a bid to address widespread public outrage over greed in the financial sector, European officials have agreed to legislation capping bankers’ bonuses at a maximum of a year’s salary. Great Britain fought to prevent the measure, but failed to rally enough support.

Starting in 2014, banks in the European Union must limit bonus payments for their employees. After some 10 months of tough negotiations, top European officials agreed late on Wednesday in Brussels to cap bonuses at a maximum of one year’s base salary.

“For the first time in the history of EU financial market regulation, we will cap bankers’ bonuses,” said the European Parliament’s head negotiator, Austria’s Othmar Karas, in a statement. “The essence is that from 2014, European banks will have to set aside more money to be more stable and concentrate on their core business, namely financing the real economy, that of small and medium-sized enterprises and jobs.”

Thousands protest to end evictions in Spain

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AFP
Feb. 16, 2012

Thousands of people demonstrated in Spanish cities on Saturday pushing for a new law to end a wave of evictions of homeowners ruined by the economic crisis.

Several thousand marched yelling to the din of drums and horns in central Madrid, waving banners reading “Stop evictions” and yelling “We have no homes!”

Similar protests were called in Barcelona and 50 other Spanish cities, the latest of months of demonstrations driven by anger at Spain‘s recession and the conservative government, which is imposing austere economic reforms.

Campaigners passed a rare milestone on Tuesday when the Spanish parliament agreed to debate a popular bill of measures to protect poor homeowners, backed by a petition that received more than 1.4 million signatures.

Fossil-Fuel Subsidies of Rich Nations Five Times Climate Aid

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Bloomberg
Dec. 3, 2012
By Alex Morales

Rich countries spend five times more on fossil-fuel subsidies than on aid to help developing nations cut their emissions and protect against the effects of climate change, the Oil Change International campaign group said.

In 2011, 22 industrialized nations paid $58.7 billion in subsidies to the oil, coal and gas industries and to consumers of the fuels, compared with climate-aid flows of $11.2 billion, according to calculations by the Washington-based group.

The data underline the steps developed nations may be able to take to cut their emissions as ministers from 190 nations meet in Doha to discuss measures to curb global warming. Eliminating the subsidies would reduce incentives to pollute and help rich nations meet their pledge to provide $100 billion a year in climate aid by 2020, said Stephen Kretzmann, the founder of Oil Change International.

Inequality ‘highest for 20 years’ – Save The Children

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BBC News
Oct. 31, 2012

Global inequalities in wealth are at their highest level for 20 years and are growing, according to a new report by Save The Children.

While the charity acknowledges progress has been made in goals such as reducing child mortality, the report says this has been uneven across income groups.

Continuing inequality could hinder further progress in improving living standards, the charity says.

The report comes ahead of a meeting of a high-level UN panel on poverty.

“In recent decades the world has made dramatic progress in cutting child deaths and improving opportunities for children; we are now reaching a tipping point where preventable child deaths could be eradicated in our lifetime,” Save the Children’s chief executive, Justin Forsyth, said.