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Posts Tagged ‘corporate news media’

Several decades ago Professor Mark Naison, eventual chair of the African-American studies department at Fordham University, wrote something to the effect that the corporate press divides us along racial lines by boldly reporting on the negative encounters among people of different races that happen now and then while ignoring the tens of thousands of positive encounters that happen every day in the United States among people of different races.

By stressing our differences, and ignoring the positive encounters, the corporate news media keeps us divided as a people, and our eyes and attention off of the financial issues the 99 percent have in common; 1 percent of US citizens now own more wealth than the bottom 90 percent of Americans (an historic record), and the 1 percent now steals roughly 37 percent of all income (another record) produced in the USA every year compared to 8 percent in 1980. That means the 99 percent now earn about 62 percent of all income produced in the United States compared to 92 percent in 1980. You bet they don’t want us to know this stuff, or to ever think about it.

Instead, the corporate news media wants us to think as intensely as possible about racism, guns, violence, bad police officers, public bathrooms and transgender folks, and anything except income and wealth inequality and what brings this about.

So here are a few things to think about in the violent encounter that occurred in Charlottesville.

  1. Out of 310 million people, about 500 showed up in the largest white supremacist gathering in decades, and that’s after six months of publicity.
  2. The thousand people opposed to the white supremacist meeting were multiracial.
  3. Tens of millions of people went to church the next day, many in multi-racial congregations, and prayed to the same God.
  4. Tens of millions US citizens went to work the following Monday and collaborated with their co-workers of different races, ethnicities, and religions.
  5.  Tens of millions of US citizens gather together in small and often diverse groups and cheer on the same sports teams.
  6. Tens of millions of Americans of all races will come together to cheer on the US Olympic team.
  7.  Thousands of people in interracial groups build houses for Habitat for Humanity.
  8. Tens of thousands of people of all colors, sexual orientations and political persuasions, from Tea Party and John Birch Society members to labor unions and Black Lives Matter, came together to successfully fight the massive income redistribution scam known as The Trans Pacific Partnership, which was championed by the first African-American president and some of the most politically and financially powerful members of society.
  9. No, the corporate news media doesn’t want you to know about this stuff.
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Research by the Insured Retirement Institute suggests trouble for retiring Boomers. The study shows 24% of Baby Boomers have no retirement savings. Only 55% of Baby Boomers have some retirement savings and, of those, 42% have less than $100,000. Thus, approximately half of retirees are, or will be, living off of their Social Security benefits.

The corporate news media wants you to believe the reason for this situation includes “poor preparation.” Other reasons given include the stock market crash of 2008-09, which was caused by the criminal activities of the big banks and government corruption. Many 401Ks haven’t recovered from this debacle. The disaster allegedly scared some older adults out of the markets, causing them to miss the subsequent rebound.

What the corporate news (really propaganda) media doesn’t want to tell you is that most of the retirements of the baby boom generation have been redistributed to the uber wealthy over the last thirty-five years.

* Most pensions are gone, and even government employees now have weakened pensions or less lucrative 401Ks that have replaced pensions, due to the political and news media power of the billionaires. Most corporate pensions have been reduced or eliminated, with the difference between the old former pensions and the new little or nothing pensions placed directly into the pockets of hedge fund managers and other big investors through rising corporate profits, the newest stock market bubble, and surging dividends.

* Average real wages and benefits have been reduced over the last thirty-five years due to tens of millions of jobs being exported, union busting, and hyper-immigration, all of which have placed downward pressure on wages, salaries, and benefits. Think H1-B visas, among other programs.

* More baby boomer money goes toward paying housing as rents and home prices have rapidly risen due to the illegal collaboration of the big banks in holding over 50 percent of the vacant housing off the market beginning in 2008. This is called a conspiracy in restraint of trade, and it is illegal, but the corrupt US government won’t do anything about it.

There are more reasons why baby boomers are less prepared than their parents for retirement, but ultimately it all comes down to the US government policy of redistributing income and wealth from the 99 to the 1 percent, which, not so coincidentally, is also the same policy embraced by the leadership of both major political parties. Nowadays, the 1 percent steals around 37 of all income produced in the United States, compared to 8 percent in 1980.

In other words, the baby boomer retirements have been stolen by the 1 percent using their corruption of government, and those stolen retirement benefits are part of the difference between the 8 percent in 1980 and the 37 percent the rich are stealing today. By the way, that 37 percent is growing daily.

 

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The corporate media consistently lies to us on behalf of the billionaires and has seemingly forever. A good example is Genetically modified crops (GMO’s). They were supposed to be safe and have higher yields than traditionally planted or organic crops.

Last year, a study by the United States National Academy of Sciences, Engineering and Medicine showed that GMO crop yields were less than many traditionally planted crops, such as rapeseed and sugar beets. Some GMO crop yields were about the same as traditionally planted crops, such as corn.

The corporate news media also claimed using GMOs would reduce the use of herbicides and insecticides, which is ridiculous since the GMO herbicides and insecticides are genetically placed into the GMO plants, and not sprayed outside the plant, and then you eat those bug and plant killers when you consume the plant. The folks of the corporate news media also don’t want you to know the information in the previous sentence.

When a bug bites into a GMO plant, the Bt toxin genetically placed into the plant kills the bug by swelling up its intestines until it explodes. The Ht toxin or herbicide placed into plants prevents weeds from growing near crops by killing them. You eat the Bt and the Ht toxins when you consume the crop.

In many cases, insects have adapted to the GMO Bt and Ht toxins and forced GMO farmers to use greater and stronger amounts of insecticides and herbicides. This is why herbicide use has grown in the USA, while insecticide use has stayed the same. Now if you count the pesticide genetically placed into GMO crops, it’s likely US insecticide use has grown. By way of contrast, in France, where GMO’s are not allowed to be planted, insecticide use has declined.

Herbicide use in the USA is the upper line, the lower line is herbicide use in Europe

“Safe” was the biggest corporate news media lie when it comes to GMOs. To this day they continue to express this lie to us, as do politicians of both major political parties. The Monsanto Corporation applied to get its GMO’s entered into the US food chain to the United States Food and Drug Administration (USDA) a couple of decades ago, which granted its request on the basis of Monsanto’s own unbiased (I mean that sarcastically) tests of its product on rats. It turns out the tests supposedly lasted all of three months, and the USDA failed to do any of its own testings. The USDA approved the GMO poison for the US food chain.

When an independent French study showed GMOs caused tumors in rats after eating GMOs for more than three months, the US corporate media establishment attacked the study, following the lead of the GMO corporations. Not once did a major US news outlet investigate to see if maybe Monsanto’s testers had a reason to study rats and GMO consumption for more than three months. Odds are the Monsanto researchers knew their product caused tumors in rats, but only after three months of feeding them the GMO poison. So they only supplied the data for the first three months of rats being fed GMOs. See Scientist Who Discovered GMOs Cause Tumors in Rats Wins Landmark Defamation Lawsuit in Paris–Healthnut.com

GMO crops are less labor intensive than traditionally planted crops, and therefore cheaper to grow and more profitable. There lies the reality behind all the liOddes. The corporate news media doesn’t want to offend food advertisers, such as Safeway, Walmart, Albertson’s, Krogers, Nestle, Coca-Cola, Pepsi-Cola, General Mills and many more because they all use GMO’s to increase their profit margins, and keep their share prices higher than they would otherwise be.

In addition, of course, keeping us misinformed helps giant GMO manufacturers like Bayer, which is currently the owner of Monsanto, as well as the powerful Wall Street investment banks, such as Goldman Sachs, Citibank and JP Morgan Chase.

All of these corporations keep the pressure on the corporate news media to keep us uninformed and misinformed about many issues, such as GMOs, which have been linked to tumors, autism, obesity, allergies and many more health issues in humans. Keeping us misinformed and uninformed on behalf of billionaires, hedge funds, both major political parties, major investment banks and food manufacturers is, in fact, their job.

 

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Brexit-10-650
Let’s look at what the EU commissioners call the sacred “four freedoms”: the free movement of goods, capital, services and people. Notice something strange about the list? Goods are manufactured things, capital is money, services are transactions, but people are of a different category, are they not?

Human beings have cultural ties, feelings, attitudes, patterns of behaviour, social assumptions and… add all the other obvious words you can think of. But to CEO’s of corporations, or hedge fund managers, they’re all inputs into the production process.

Not only does the free movement of labor in unlimited numbers in the European Union present a much more complex and potentially delicate problem, but it seems quite wrong to lump people in with manufactured goods and commercial services. Is this the dream of conservative and liberal politicians of Europe: to build an economic and political system that shunts people around a continent to fill whatever quotas big business requires at any given moment?

The answer is yes. And so British corporations have exported jobs to lower wage EU nations, like Hungary. In turn, Eastern European labor has been given unrestricted access to immigrate anywhere in the EU they desire, and for many, that means higher wage nations, which includes Great Britain.

As jobs leave Britain for lower wages elsewhere, hundreds of thousands of immigrants have entered Great Britain and placed downward pressure on wages and benefits there. That puts upward pressure on corporate earnings, stocks prices and dividends, which go mostly to the rich.

The EU is politically constructed so as to ensure the rich get wealthier by redistributing income from the 99 percent to themselves.

That’s precisely what globalization is all about.

The United States has followed this pattern with hyper-immigration over the last thirty-five years, and with massive international income redistribution scams falsely marketed as international trade agreements, which have lead to the exportation of tens of millions of US jobs. Notice real US wages have stagnated during these years while the stock markets have exploded, and the rich have gone from stealing 8 percent of all income produced in the US to 37+ percent today. That’s precisely what globalization has brought us.

In the meantime, the corporate press of both the US and Great Britain cry out against the success of Brexit on behalf of their fellow corporations and advertisers. However, the people of Great Britain knew what they were doing.

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In Quebec today, 400,000 public workers and teachers went on strike protesting lagging contract talks. In the United States, you’d be lucky to get 40 people to a strike. That’s because the corporate propaganda machine has smeared the labor union name, and too many US citizens have bought into the lies, even as their jobs have been shipped overseas, their wages have been crushed, their benefits eroded, and the value of their lost incomes, in terms of benefits and wages, have been redistributed to the 1 percent. That’s why and how the 1 percent in the United States steal over 37 percent of the income produced yearly, compared to only 10 percent in Canada.

That means the 99 percent earn 90 percent of the income per year in Canada, compared to 63 percent in the US. This gives the Canadian 99 percent more money to purchase goods and services, which creates jobs and stimulates growth in Gross Domestic Product, wages and benefits. In the USA, where the 99 percent earn 92 percent of the income, but receive only 63 percent, because the rich have stolen it from them via federal and state legislation, the demand for goods is considerably slacker than in Canada.

What’s the difference between corporate propaganda in Canada and in the United States?

In Canada, there are rules regarding honesty in public broadcasting. Much of the lying propaganda put out by the US cable and major news (propaganda) networks over the last thirty years has not been broadcast into Canada. This is true as well for the right wing radio talk shows that unofficially operate as a propaganda machine for US corporations. Fox News, for example, cannot be broadcast into Canada because the company would violate the honesty clause governing Canadian news broadcasts. However, you can get Fox in Canada via satellite.

The laws in Canada governing honesty in reporting include the Radio Act and other policies, that prohibit “any false or misleading news.” These “provisions against spreading misinformation used to be part of Canada’s criminal code, according to Canadian media lawyer Paul Schabas. They were famously evoked to send Holocaust denier and neo-Nazi publisher Ernst Zündel to trial in the 1980s. After the Canadian Supreme Court ruled that the code violated freedom of expression rights and thus was unconstitutional, the false news provisions became simply regulations.”

Honesty, in other words, is the key difference as to why the US labor movement is declining in numbers, while the labor movement is growing in Canada.

Click right here for more on the Quebec strikes from Revolution News.

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After thirty-five years of globalization, most people in the world are still living a wretched existence by US middle class standards, according to the Pew Research Center. More people than ever before have entered the middle class throughout the world, which the US corporate news media will brag about, but definitions of middle class vary throughout the world, which the same corporate news media won’t tell you. So, for example, people living in poverty in Vietnam on $2.70 a day might be considered middle class if their wages double, which would mean those folks are still living a wretched existence by any standard, except now they’re considered middle class, by somebody’s definition.

According to a Pew Research Center analysis, “…though there was growth in the middle-income population (in the world) from 2001 to 2011, the rise in prosperity was concentrated in certain regions of the globe, namely China, South America and Eastern Europe. The middle class barely expanded in India and Southeast Asia, Africa, and Central America.”

This rise in the third world middle class corresponds with a decline in the middle class in the United States, which the corporate news media won’t mention. That’s because globalization is a facade hiding the reality that free trade as is currently negotiated is nothing more than an income redistribution scam. Here’s how it works, and here’s how the researchers at Pew have been easily fooled.

One needs to earn between $6,000 and $25,000 a year to be considered middle class in China. See understanding-chinas-middle-class–China Business Review. In China, these people are free from such things as social security, free from overtime pay, free to suck in the world’s worst air pollution, free to drink among the world’s most polluted water, and they’re are often forced to work sixteen hours a day.

Do a little math. A person in the USA earning the federal minimum wage of $7.50 an hour working forty hours earns $15,600 a year, hardly middle class by US standards. The difference between middle class in the US and China is one of income redistribution.

When the US government signs a so-called free trade treaty, the result redistributes income from the 99 to the 1 percent because these agreements legally pave the way for US corporations to ship jobs from the US to lesser paying nations, like China. The treaties also pave the way for US corporations to create jobs overseas, rather than in the US, so they serve to discourage US job growth, and corporate investment in the USA. The difference between the old higher US pay and the new lower pay, in say China, goes straight into the pockets of the 1 percent via higher corporate profits, rising share prices and soaring dividends.

So, for example, a job paying $50,000 in the US may pay only $6,000 in China (with no overtime pay, and often being forced to work 16 hours a day). The difference between the two figures is $44,000, and that goes toward rising corporate profits, which in turn, goes into the pockets of the one percent via rising dividends and share prices. The US jobs losers get a few months of unemployment insurance, if they’re lucky.

In the meantime, as millions of jobs are shipped overseas, or created there when they would have been created over here in the absence of these income redistribution scams known as free trade agreements, the tax dollars that normally go to schools, fire, police, roads and other infrastructure, and our social safety nets, are being redistributed to the 1 percent with every job that is exported overseas. By the way, the BIGGEST EXPORT PRODUCT OF THE UNITED STATES IS JOBS.

These agreements weaken the Social Security Trust Fund because the people earning $55,000 a year are paying into it, and the people who steal their wages when jobs are shipped overseas, pay social security taxes on only the first $118,500 of their their $10,000,000+ income, which, coincidentally, violates the fourteenth amendment’s equal protection clause of the US Constitution.

However, narrow minded researchers and corrupt news media reporters influenced by corporate dollars will declare that free trade agreements are good things, and they’ll point to China’s growing middle class as their evidence, rather than the declining US middle class, as an example. And they’ll do this without mentioning that middle class in China means living a very subsistence life style at best, and being encapsulated with dire poverty at the worst.

So when the corporate news media reports on the growth of the middle class throughout the world, take it for what it’s worth, which is nothing.

A Global Middle Class Is More Promise than Reality –Pew Research Center

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The Democrats in congress are mostly against the Keystone Pipeline, which will transport crude oil from Canada to the Gulf of Mexico, if approved by congress and not vetoed by President Obama. The Republican senators and representatives are, by and large, for this potential environmental disaster.

If the pipeline doesn’t make it past a veto the Republicans will blame environmentalists that supposedly influence the Democratic members of congress and President Obama. However, one can rightly suspect that there is something more to this than meets the eye.

Perhaps the Democratic position has something to do with billionaire investor Warren Buffett doling out $15 billion to purchase the Burlington Northern Santa Fe railroad earlier this year, the largest railroad shipper of crude oil in the nation, according to its website. Buffett is a big financial supporter of the Democrats, but he financially dabbles a little bit with some Republicans.

Buffett heads Berkshire Hathaway, one the largest hedge funds in the world. Its stock price is currently over $200,000 per share. A hedge fund is nothing more than an unregulated investment firm that buys and sells stocks and bonds, sort of like a Goldman Sachs without any rules.

The Keystone Pipeline will transport oil from Canada and the United States to the Gulf of Mexico for export elsewhere. If completed, the pipeline may take a lot of business from Burlington Northern Santa Fe. In which case, the share price of Burlington Northern Santa Fe will likely drop as its profits decline. The profits from Burlington that Berkshire Hathaway receives will also fall, which could put downward pressure on its stock price. The result would be less money for all of those Democratic politicians who count on that money.

The billionaire Koch Brothers are a major financial player behind the building of the Keystone Pipeline. They invest billions in the Republican party and its candidates. They stand to make billions from building the pipeline, and the pipeline will service one of their Texas oil refineries.

Quite naturally, the pipeline represents a conduit of future cash for Republican Party candidates, whereas Burlington and Berkshire Hathaway represent a stream of cash for Democratic Party candidates.

There are other perks candidates of both parties receive from big contributors, such as vacations in Scotland and cushy jobs that make them rich after they leave office.

Notice none of the major corporate news media is mentioning issues such as these. That’s because the job of reporters and editors of the corporate news media is to keep you ignorant, and biased against the political party you don’t like.

In government, in legislation, in negotiating trade treaties, the Democrats represent a fraction of the 0.01 percent richest Americans, the Republicans represent another fraction of the 0.01 percent wealthiest Americans, and a third fraction of the richest Americans play both sides, such as Goldman Sachs and JP Morgan, both of which are corporations whose primary interests are to increase the amount of income and wealth of the 1 percent at the expense of the 99 percent.

When the president vetoes the legislation approving the Keystone Pipeline, and the Republicans won’t have sufficient votes to override that veto, the press will dutifully quote Republican Party leaders about the alleged jobs lost due to not building the pipeline. They will, conveniently, not mention the jobs that might have been lost because of a decline in Burlington Northern Santa Fe profits had the pipeline been approved.

They will blame the environmentalists, and turn that word into an epithet. Naturally, the environmentalists will have played no role in the failure of government to approve of the pipeline because it’s all about who gets the money. Follow the money folks!

Republican and Democratic Party leaders don’t want the 99 percent to know that the real political battles in Washington D.C., and in state capitals across the nation, are being fought between a small group of billionaires at the expense of everyone else. And the corporate news media will continue to ensure that the debate over this issue is vigorous, but limited enough to deceive the American public. In other words, the corporate media intends to keep us in the dark over this issue, and then lie to us and point their fingers at the environmentalists for the failure of government to approve the Keystone Pipeline.

The battle over the Keystone Pipeline is all about money, and keeping us ignorant of this fact. Because once you know this fact, then you’ll begin to understand how the political and economic games, and the games the corporate media plays with information, are all rigged against the 99 percent.

One last note, the second job of the corporate news media is to keep the 99 percent divided over social issues, such as abortion, gun rights, the war against Christmas, red vs. blue state, gay marriage, and immigration, among many others, while keeping our eyes off the things that really matter, and that is what’s in your wallet. The corporate news media has done a marvelous in this respect.

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