This is pure farce. There are 2 standards of justice in America. There is one for the corporations and then there is the rest of us:
A high-speed trading company the Securities and Exchange Commission (SEC) believes committed fraud will pay $1 million to put the matter to rest — without admitting or denying the charges.
…The settlement documents do not say how much Athena netted from the alleged violations or provide any information about how the parties arrived at the one million dollar figure. The agency declined to comment on the sum, on its policies about settlements in cases like this one, and on the decision to allow Athena to pay without conceding that it had broken the rules or even agreeing that the SEC’s version of events is accurate.
A firm accused of fraud will pay a $1 million penalty in what federal regulators say is the first case of market manipulation brought against a high-speed trading firm.
via High-speed trading firm to pay $1 million for fraud | The Herald Business Journal.
Free trade agreements are being forced on the World’s population by Western governments on behalf of multi-national corportions. The objective: to enslave the labor. If we don’t begin to fight back we will become little more than serfs. And with will come dictatorships everywhere. It’s already happening.
Secret negotiations over the Trans Pacific Partnership (TPP) free trade agreement have apparently been breached by another leak of material which shows Australian consumers could pay more for cancer medicines and face criminal penalties for non-commercial copyright breaches.
The publication on WikiLeaks of the intellectual property (IP) chapter comes on the eve of the latest round of negotiations in Australia between the 12 member countries, Australia, the US, Japan, Singapore, Malaysia, Canada, Mexico, Vietnam, Peru, Chile, Brunei and New Zealand.
What is becoming apparent is the ugly face of a corporatocracy. A necessary feature for a corporatocracy to succeed is citizens who acquiesce.
via Democracy vs corporatocracy.
Don’t allow them to spoil your Thanksgiving, with your family. Boycott Black
Macy’s “Black Friday” sales will begin 6 p.m. Thanksgiving Day
Seattle City Council member Kshama Sawant denounced her fellow local officials on Wednesday for taking part in a retreat with corporate executives, KIRO-TV reported.
via Seattle Socialist Sawant rips fellow city leaders for ‘brazen’ retreat with corporate execs.
A New York Times exposé reveals more than a dozen prominent Washington research groups have received tens of millions of dollars from foreign governments in recent years while pushing United States government officials. Some scholars funded by the think tanks say they faced pressure to reach conclusions friendly to the government financing their work. The groups named in the report include the Brookings Institution, the Center for Strategic and International Studies, and the Atlantic Council, and most of the money comes from countries in Europe, the Middle East and Asia, including the oil-producing nations of the United Arab Emirates, Qatar and Norway.
via Think Tanks as Lobbyists: Exposé Shows U.S. Groups Receive Millions to Push Foreign Nations’ Agendas | Democracy Now!.
“Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country,” Edward Bernays observed in his 1928 book, “Propaganda.” “We are governed, our minds are molded, our tastes formed, our ideas suggested, largely by men we have never heard of.”
via Chris Hedges: Driving American Politics Underground – Chris Hedges – Truthdig.