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German companies breaking Iran embargo

German companies breaking Iran embargo | Ethics? Rules? Cheating? | Scoop.it

Has Germany contributed to the civilian nuclear program of Tehran, which is suspected of secretly developing nuclear weapons?

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Ethics? Rules? Cheating?
If everyone in the Business, Economic and Political world would play by the rules and be ethical - what kind of world would we have?
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PayPal penalised for 'deceptive' practices - BBC News

PayPal penalised for 'deceptive' practices - BBC News | Ethics? Rules? Cheating? | Scoop.it
A government watchdog denounced the company for adding new members to a credit-card-like scheme without making them aware of the fact.
It also said PayPal had mishandled bill disputes, among other offences.
The eBay-owned company has offered to settle the case, without admitting wrongdoing.
A judge needs to approve the agreement for it to become legally binding.
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6 #Banks Pay $5.8 Billion In Kickbacks, 5 Plead Guilty to #Fraud The Deal Made NO Procsecutions #injustice #corruption

6 #Banks Pay $5.8 Billion In Kickbacks, 5 Plead Guilty to #Fraud The Deal Made NO Procsecutions #injustice #corruption | Ethics? Rules? Cheating? | Scoop.it
https://twitter.com/PlanetPonzi/status/601033468143894528 When This All Blows Up; The Central Bankers Should All Be Held Responsible. WATCH THIS: https://www.youtube.com/watch?v=AeRd0EJbkC0

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ETHANOL: Initiative promotes corn-based fuel as boon to public health

ETHANOL:
Initiative promotes corn-based fuel as boon to public health
Amanda Peterka, E&E reporter
Greenwire: Wednesday, May 20, 2015
Ethanol backers have launched a campaign to steer attention away from the corn-based fuel's potential impact on food prices and toward air quality and public health.

Calling itself the Urban Air Initiative, the ethanol coalition aims to tie its foes in the petroleum industry to air pollution from automobile tailpipes. Ethanol, the initiative says, can clean up dirty air and help automakers achieve climate change goals.

The initiative recently challenged a U.S. EPA model that ties ethanol to increased air pollution, weighed in on the Obama administration's ozone proposal and began a public awareness campaign centered in Nebraska's Omaha-Council Bluffs metropolitan area.

"This is a different deal than just saying, 'Hey, we need jobs in rural America. Ethanol is great,'" said Doug Durante, executive director of the Clean Fuels Development Coalition. "It's a totally different kind of way we're looking at this."
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German Politicians: Why Don’t They Tell it Like it is?

German Politicians: Why Don’t They Tell it Like it is? | Ethics? Rules? Cheating? | Scoop.it
Never before have German politicians so studiously avoided telling their countrymen the truth. That might be understandable given the troubled state of the world, but it’s still dangerous. VON BERND ULRICH
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Coal giant exploited Ebola crisis for corporate gain, say health experts

Coal giant exploited Ebola crisis for corporate gain, say health experts | Ethics? Rules? Cheating? | Scoop.it
Public health experts outraged after world’s largest privately-held coal company, Peabody Energy, promotes its product in the fight against Ebola in Africa as part of a PR campaign to rebrand the fossil fuel as a solution to global poverty
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Coal, oil, gas subsidies higher than public health spending

Coal, oil, gas subsidies higher than public health spending | Ethics? Rules? Cheating? | Scoop.it
Around 1.6 million premature deaths would be prevented annually if the world's governments stopped subsidising fossil fuels, a study by four researchers from the International Monetary Fund found.
The most relative gains could be made in eastern Europe and Turkey, where 60 percent of the people who die as a result of air pollution are estimated could be saved.

The IMF study, published Monday (18 May), calculated the “true costs” of the widespread practice of giving tax benefits and other subsidies to companies in the fossil fuel industry (coal, oil, gas). It was a “shocking” figure, the authors themselves said: $5.3 trillion, or about €4.7 trillion.
The figure is higher than what governments worldwide spend on public health.
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Deutsche Bank fined £227 million by Financial Conduct Authority for LIBOR and EURIBOR failings and for misleading the regulator - Financial Conduct Authority

Deutsche Bank fined £227 million by Financial Conduct Authority for LIBOR and EURIBOR failings and for misleading the regulator - Financial Conduct Authority | Ethics? Rules? Cheating? | Scoop.it
The Financial Conduct Authority (FCA) has handed Deutsche Bank AG (Deutsche Bank) a £227 million ($340 million) fine, its largest ever for LIBOR and EURIBOR-related (collectively known as IBOR) misconduct. The fine is so large because Deutsche Bank also misled the regulator, which could have hampered its investigation.

Georgina Philippou, acting director of enforcement and market oversight, said:

“This case stands out for the seriousness and duration of the breaches by Deutsche Bank – something reflected in the size of today’s fine. One division at Deutsche Bank had a culture of generating profits without proper regard to the integrity of the market. This wasn’t limited to a few individuals but, on certain desks, it appeared deeply ingrained.”   

Via Svend Aage Christensen
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The Pathology of the Rich White Family: Chris Hedges

The Pathology of the Rich White Family: Chris Hedges | Ethics? Rules? Cheating? | Scoop.it
The pathology of the rich white family is the most dangerous pathology in America. The rich white family is cursed with too much money and privilege. It is devoid of empathy, the result of lifetimes of entitlement. It has little sense of loyalty and lacks the capacity for self-sacrifice. Its definition of friendship is reduced to “What can you do for me?” It is possessed by an insatiable lust to increase its fortunes and power. It believes that wealth and privilege confer to it a superior intelligence and virtue. It is infused with an unchecked hedonism and narcissism. And because of all this, it interprets reality through a lens of self-adulation and greed that renders it delusional. The rich white family is a menace. The pathologies of the poor, w
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Shell lobbied to undermine EU renewables targets, documents reveal

Shell lobbied to undermine EU renewables targets, documents reveal | Ethics? Rules? Cheating? | Scoop.it
Shell successfully lobbied to undermine European renewable energy targets ahead of a key agreement on emissions cuts reached in October last year, newly released documents reveal.
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Revealed: FBI violated its own rules while spying on Keystone XL opponents

Revealed: FBI violated its own rules while spying on Keystone XL opponents | Ethics? Rules? Cheating? | Scoop.it
The FBI breached its own internal rules when it spied on campaigners against the Keystone XL pipeline, failing to get approval before it cultivated informants and opened files on individuals protesting the construction of the pipeline in Texas.

Internal agency documents reveal for the first time how FBI agents have been closely monitoring anti-Keystone activists, in violation of guidelines designed to prevent the agency from becoming unduly involved in sensitive political issues.

The hugely contentious Keystone XL pipeline, which is awaiting approval from the Obama administration, would transport tar sands oil from Canada to the Texas Gulf coast.

It has been strongly opposed for years by a coalition of environmental groups, including some involved in nonviolent civil disobedience who have been monitored by federal law enforcement agencies.

The documents reveal one FBI investigation, run from its Houston field office, amounted to “substantial non-compliance” of Department of Justice rules that govern how the agency should handle sensitive matters.

One FBI memo, which set out the rationale for investigating campaigners in the Houston area, touted the economic advantages of the pipeline while labelling its opponents “environmental extremists”.
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This is how the right wing dies: The GOP has rigged the game for the rich, again

This is how the right wing dies: The GOP has rigged the game for the rich, again | Ethics? Rules? Cheating? | Scoop.it
If the past is any guide, a new, progressive Republican Party is taking shape.

We just can’t see it yet. For now, the party still seems glued to the Movement Conservative idea, rooted in a long-standing ideology that business can do little or nothing wrong, that promoting the economic well-being of a few wealthy men will advance American society as a whole. Those few leaders are the “makers,” Paul Ryan explained in 2010; the majority of Americans are “takers.” The more it becomes evident that the “trickle down” theory of wealth has not worked– that rather than trickling down, wealth has rushed upward since 1980– the more leading Republicans insist that the problem is not their theory. The problem, they say, is that it has not been adopted fully enough.

One Republican presidential hopeful after another promises to push for the full implementation of Movement Conservative economic ideology. They all back continued corporate tax cuts and the social spending reductions those cuts require. Rick Perry has already touted the “unparalleled prosperity” he brought to Texas and dismisses the fact that that prosperity has mostly gone to the wealthy and benefited from federal help. Darrell Issa, whose personal wealth approaches $450 million, explains that America’s poor are “the envy of the world.”

Via Jocelyn Stoller
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Study: US is an oligarchy, not a democracy - BBC News

Study: US is an oligarchy, not a democracy - BBC News | Ethics? Rules? Cheating? | Scoop.it
The US is dominated by a rich and powerful elite.
So concludes a recent study by Princeton University Prof Martin Gilens and Northwestern University Prof Benjamin I Page.
This is not news, you say.
Perhaps, but the two professors have conducted exhaustive research to try to present data-driven support for this conclusion. Here's how they explain it:
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Five global banks to pay $5.7 billion in fines over rate rigging

Five global banks to pay $5.7 billion in fines over rate rigging | Ethics? Rules? Cheating? | Scoop.it
A woman walks past a Citibank logo displayed outside the Citibank Plaza in Hong Kong July 28, 2014.

Via cannontrading
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#Banksters Caught Red Handed Rigging World Markets #corruption #politicians

As financial “markets” waited today on baited breath for the latest minutes from the Federal Reserve to get signals about whether interest rates would rise, we ...

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Is #democracy rapidly making way for #oligarchy? #ABC Yes it is! We need #Frenchrevolution 2.0

Is #democracy rapidly making way for #oligarchy? #ABC Yes it is! We need #Frenchrevolution 2.0 | Ethics? Rules? Cheating? | Scoop.it
Is democracy rapidly making way for oligarchy?
Fair & relevant question via @timdunlop
#auspol
http://t.co/FNm74kPaqc via @abcnews

Via CineversityTV
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Revealed: BP's close ties with the UK government

Revealed: BP's close ties with the UK government | Ethics? Rules? Cheating? | Scoop.it
For the oil multinational BP, it was a historic moment – the signing of a joint venture to exploit the vast oil and gas reserves of Russia’s Arctic shelf with the Russian energy giant Rosneft. The deal was worth £10bn in share swaps.

The chief executive of Rosneft, Igor Sechin – then Russian deputy prime minister, key Putin ally and one of the most forbidding characters in the world of oil – would be coming to London to seal the agreement. Rosneft is majority owned by the Russian state, and BP urgently needed a senior British government figure to mark the alliance.

So, the night before the signing in January 2011, BP’s managing director Iain Conn picked up the phone to the then secretary of state for energy and climate change, Chris Huhne. It was awkward, for Huhne had a long-standing engagement – to give a speech at a Liberal Democrat dinner on the Isle of Wight to an audience that would include key representatives of the island’s renewable energy industry. There was, though, only ever going to be one winner.
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The truth behind Peabody's campaign to rebrand coal as a poverty cure

The truth behind Peabody's campaign to rebrand coal as a poverty cure | Ethics? Rules? Cheating? | Scoop.it
The story Linda Jing tells in the video is slick and persuasive: she was a girl from a poor village forced to study by candlelight because there was no electricity until coal-fired power plants arrived, transforming her destiny and that of China.

“It’s not an easy life,” Jing says, whose school was an old temple. “We actually had to bring our own little oil lamp or homemade candles for some of the school sessions.” The children had to go there very early, often in the dark, she recalls.

In the three-minute video, ‘From Candles to Computers: Bringing Electricity to China’s Jing Jin village’, she says: “The coal industry is a major force in eliminating fuel poverty in China but, more importantly, it’s a critical driving force for the phenomenal economic growth China has experienced.”
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79 Members Of Congress Have Been In Office For At Least 20 Years | Zero Hedge

No wonder Washington never changes – 79 members of Congress have been there since Bill Clinton’s first term in the White House.  This list includes names such as Reid, Feinstein, McConnell, McCain, Pelosi, Boehner, Rangel and Boxer.

In this article, I am going to share with you a complete list of the members of Congress that have been “serving” us for at least 20 years.  They believe that they are “serving” us well, but without a doubt most Americans very much wish that true “change” would come to Washington.  In fact, right now Congress has a 15 percent approval rating with the American people, and that approval rating has been consistently below 20 percent since mid-2011.  So of course we took advantage of the 2014 mid-term election to dump as many of those Congress critters out of office as we possibly could, right?  Wrong.  Sadly, incumbents were re-elected at a 95 percent rate in 2014.  This just shows how broken and how corrupt our system has become.  The American people absolutely hate the job that Congress is doing, and yet the same clowns just keep getting sent back to Washington again and again.

Our founders never intended for service in Congress to become a career, but that is precisely what it has become for many of our “public servants”.  As of this moment, there are 79 members of Congress that have been in office for at least 20 years, and there are 16 members of Congress that have been in office for at least 30 years.
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Barclays set for record UK bank fine - Telegraph.co.uk

Barclays set for record UK bank fine - Telegraph.co.uk | Ethics? Rules? Cheating? | Scoop.it
Foreign exchange rigging bill likely to outstrip £234m paid by UBS last year

Via Bruce Fellowes
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The US military's sexual-assault problem is so bad the UN is getting involved

The US military's sexual-assault problem is so bad the UN is getting involved | Ethics? Rules? Cheating? | Scoop.it
Several countries told the US its policies on justice for military sexual assault victims weren’t good enough.

Via Quociente Cultural
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The match game: Connect the oligarch to the GOP politician he owns

The match game: Connect the oligarch to the GOP politician he owns | Ethics? Rules? Cheating? | Scoop.it
“Whether it’s the Koch brothers or Soros on the left or Sheldon,” former GOP presidential candidate Newt Gingrich recently said, “if you’re going to have an election process that radically favors billionaires and is discriminating against the...

Via Jocelyn Stoller
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America’s Richest Congressman, Worth Almost $500 Million, Says Poor Americans Are Doing Great

America’s Richest Congressman, Worth Almost $500 Million, Says Poor Americans Are Doing Great | Ethics? Rules? Cheating? | Scoop.it
Congressman Darrell Issa, America’s richest Congressman with a net worth of nearly $500 million, says the nation’s poor are actually doing very well. Issa told CNN that “our poor are… the envy of the world.”
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US taxpayers subsidising world's biggest fossil fuel companies

US taxpayers subsidising world's biggest fossil fuel companies | Ethics? Rules? Cheating? | Scoop.it
The world’s biggest and most profitable fossil fuel companies are receiving huge and rising subsidies from US taxpayers, a practice slammed as absurd by a presidential candidate given the threat of climate change.

A Guardian investigation of three specific projects, run by Shell, ExxonMobil and Marathon Petroleum, has revealed that the subsidises were all granted by politicians who received significant campaign contributions from the fossil fuel industry.

The Guardian has found that:

A proposed Shell petrochemical refinery in Pennsylvania is in line for $1.6bn (£1bn) in state subsidy, according to a deal struck in 2012 when the company made an annual profit of $26.8bn.
ExxonMobil’s upgrades to its Baton Rouge refinery in Louisiana are benefitting from $119m of state subsidy, with the support starting in 2011, when the company made a $41bn profit.
A jobs subsidy scheme worth $78m to Marathon Petroleum in Ohio began in 2011, when the company made $2.4bn in profit.
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Distribution of US tax privileges

Distribution of US tax privileges | Ethics? Rules? Cheating? | Scoop.it

The Distribution of a Set of Selected Tax Expenditures:
Tax expenditures are distributed unevenly across the
income scale. When measured in dollars, tax expenditures
benefit higher-income households much more than
lower-income households. When measured relative to
income, tax expenditures benefit households in the lowest
and highest income groups to a greater extent than
households in the middle of the income distribution.12
If payroll tax effects were excluded from these estimates,
the distribution of tax expenditures would appear somewhat
less progressive than what is shown here but not
fundamentally different

Source: http://www.cbo.gov/sites/default/files/43768_DistributionTaxExpenditures.pdf


Via Svend Aage Christensen
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Despite DNA, the Rapist Got Away

Despite DNA, the Rapist Got Away | Ethics? Rules? Cheating? | Scoop.it
ROBBINS, Ill. — NATASHA, 14, had just gotten off the school bus after ninth-grade basketball practice one evening and was walking home on a quiet street beside a creek. When she heard footsteps behind her, she thought it was one of her classmates.

Instead, it was a man who grabbed her and threw her over a fence into a wooded area beside the creek. He beat her, stripped her and raped her, she says, and then dragged her into the creek and plunged her head under the water.

A couple of times, he pulled her head up to see if she was still breathing. So she says that the next time she pretended to be dead. He kicked her body further into the stream and then left.
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