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avivajazz  jazzaviva

Corporate Credo of 1948: Shareholder Profits Didn't Always Trump Every Other Possible C... - 0 views

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    The corporation's responsibiities, per Johnson & Johnson CEO, 1948, in order of priority: 1. First responsibility is to those who use our product; we must offer high quality at low prices, and deliver our product with prompt, accurate service. 2.  Second responsibility is to all employees of the corporation, providing fair pay, job security, healthy working conditions, respect for each individual, and justice in management and governance of both employees and operations.    3. Third responsibility is to hire corporate executives possessing integrity, talent, common sense, personal wisdom, education, and experience. 4. Four responisibility is to the communities in which our corporate facilities are embedded. Corporations must be good citizens, contributing to the health and viability of the commonweal, supporting civic improvement, improved health, education, and government, reinvest in the corporation's larger community and infrastructure  by paying fair taxes, and being good stewards of the unsustainable resources used in conducting business activities. 6. Last responsibility is to shareholders/stockholders via creation of sound, sustainable profit and fair returns to investors. 5. 
avivajazz  jazzaviva

Senate Rejects Bid to Shrink Biggest U.S. Banks, Weakens Fed Audit - 0 views

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    "...compromise with the administration and the Fed would give Mr. Sanders and other critics of the central bank an opportunity to claim victory, while not breaking with the Fed's insistence that its monetary decisions be sacrosanct and insulated from political influence."
avivajazz  jazzaviva

Multinational Monitor | The 10 Worst Corporations of 2005 | BP (British Petroleum) - 0 views

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    BP also appeared on the 2000 list...
avivajazz  jazzaviva

Regulation of Oil Drilling? Ha! Too Busy Smoking Pot, Humping Prostitutes, with BP Exec... - 0 views

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    Conservatives have dubbed the spill "Obama's Katrina." But the roots of the disaster, which could potentially have been prevented by enhanced safety measures, stretch back to the George W. Bush years. During that era, Interior became a revolving door haven for industry lobbyists. MMS developed a hands-off approach to regulation and was known for its deference to the companies it was supposed to be policing.
avivajazz  jazzaviva

t r u t h o u t | Slick Operator: The BP I've Known Too Well - 0 views

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    Americans want government off our backs ... that is, until a folding crib crushes the skull of our baby, Toyota accelerators speed us to our death, banks blow our savings on gambling sprees and crude oil smothers the Mississippi. Then, suddenly, it's, "Where was hell was the government? Why didn't the government do something to stop it?"
avivajazz  jazzaviva

How BP Works Washington - Newsweek.com - 0 views

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    "How British oil giant BP used all the political muscle money can buy to fend off regulators and influence investigations into corporate neglect."
avivajazz  jazzaviva

Feds Let BP Avoid Filing Blowout Plan For Gulf Oil Rig - 0 views

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    "BP didn't file a plan to specifically handle a major oil spill from an uncontrolled blowout at its Deepwater Horizon project because the federal agency that regulates offshore rigs changed its rules two years ago to exempt certain projects in the central Gulf region"
avivajazz  jazzaviva

The Big Bank Lobby: Too Big to Bare? | OurFuture.org - 0 views

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    Clearly, the only thing that limits the power of the banking lobby is the anger of American voters that the very banks that drove the economy over the cliff and were bailed out by taxpayers are now spending lavishly to block reforms needed to insure this doesn't happen again. That popular anger makes legislators reluctant to appear in the banks' pockets in public.
avivajazz  jazzaviva

Shifting to the Right: USA 1950 to Present - 0 views

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    "Political migration to the right has resulted in a weakening of individuals' rights and transferred political, economic and legislative power to multi-national corporations and the upper class."
avivajazz  jazzaviva

More Offshore Drilling Exempted From Regulations | The Seminal - 0 views

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    27 waivers or exemptions from in-depth environmental studies were given to Gulf Coast oil companies...AFTER the BP oil spill in April 2010? Does anyone know what these 27 waivers consisted of? Were they substantive, either individually, or as a whole? What agency or agencies granted them?
avivajazz  jazzaviva

How Secret Deals Obscure Accountability, Subvert Democracy | FDL Action - 0 views

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    "There is nothing inherently good about compromise." / Washington suffers from "compromise fetish."
avivajazz  jazzaviva

Court Backs Oil Project (Exploratory Drilling in Alaska) NYTimes.com - 0 views

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    A federal appeals court on Thursday rejected an effort by environmental and Native American groups to stop exploratory oil drilling off the coast of Alaska that could begin this summer.
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