The Trans-Pacific Partnership’s (TPP) Investment Chapter…reveals how the pact would make it easier for U.S. firms to offshore American jobs to low-wage countries while newly empowering thousands of foreign firms to seek cash compensation from U.S. taxpayers by challenging U.S. government actions, laws and court rulings before unaccountable foreign tribunals. After five years of secretive TPP negotiations, the text – leaked by WikiLeaks –proves that growing concerns about the controversial “investor-state dispute settlement” (ISDS) system that the TPP would extend are well justified, Public Citizen said.
Starbucks is being absolutely crucified across social media for its wildly ignorant “#RaceTogether” P.R. campaign.
The U.S. economy is picking up steam but most Americans aren’t feeling it. Does the responsibility fall on corporations to solve this problem?
Shared agendas may forge new alliances between liberals and conservatives against crony corporatism.
“The [truth-finding] software works by tapping into the Knowledge Vault, the vast store of facts that Google has pulled off the internet. Facts the web unanimously agrees on are considered a reasonable proxy for truth. Web pages that contain contradictory information are bumped down the rankings.” […] The new Google program is going to double down. It’s going to set up its own Ministry of Truth. It’s going to standardize algorithms that unerringly bring about officially favored lies.
Charter schools have been heralded as the antidote to “failed” public schools, especially in poor urban communities of African-American and Latino/a students. However, as Salon, AlterNet, and other independent media outlets have reported, charter schools have come under fire for not fulfilling the roles or achieving the results that their proponents have claimed. Instead of providing positive teaching and preparing children for the future, recent news reports have indicated that charter schools are subjecting students to padded cells, public shaming and embarrassment, poor instruction, and the negative consequences of financial corruption.
A new poll shows that more than half of Americans — including 80 percent of Democrats and a quarter of Republicans — support expanding health reform to “Medicare for All.” While Obamacare has been a step in the right direction, more and more people across the country understand that a single-payer healthcare system is the only way to guarantee quality care and at the same time reduce medical costs.
Robert Reich gives one of the best descriptions of the nature & dangers of the Trans-Pacific Partnership in a less than 3 minute video. The effort to have this secretive, nontransparent proposal put on a “fast track”, smacks of Tammany Hall-style politics that benefits no one but fat cats. And, after years of the public hoping for bipartisanship in Congress, isn’t it ironic that this is the issue where Republicans are supporting the president in large & growing numbers?
The senators highlight three parts of the TPP that could undermine current and future efforts to regulate Wall Street and prevent another financial crisis: (1) Investor-state dispute settlement (ISDS), which allows foreign companies or investors to sue governments for losses in expected profits; (2) “Market access” provisions that could prohibit restrictions on predatory financial products, like risky forms of derivatives; and (3) Limitations on governments’ ability to impose capital controls, which could stymie efforts to prevent future financial crises as well as efforts to pass a financial transaction tax.
Koch money seeks to be the new president of Florida State University and 300 others. What kinds of strings are attached to their money?
A family-feud over a New England supermarket chain is emerging as one of the most compelling labor fights of the summer as well as, observers note, a cautionary tale to corporate America about the value of treating one’s employees well.