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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

Monsanto's Harvest of Fear | Politics | Vanity Fair - 0 views

  • Monsanto developed G.M. seeds that would resist its own herbicide, Roundup, offering farmers a convenient way to spray fields with weed killer without affecting crops. Monsanto then patented the seeds. For nearly all of its history the United States Patent and Trademark Office had refused to grant patents on seeds, viewing them as life-forms with too many variables to be patented.
  • in 1980 the U.S. Supreme Court, in a five-to-four decision, turned seeds into widgets, laying the groundwork for a handful of corporations to begin taking control of the world’s food supply. In its decision, the court extended patent law to cover “a live human-made microorganism.”
  • So far, the company has produced G.M. seeds for soybeans, corn, canola, and cotton. Many more products have been developed or are in the pipeline, including seeds for sugar beets and alfalfa.
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  • marketing an artificial growth hormone for cows that increases their output, and it is taking aggressive steps to put those who don’t want to use growth hormone at a commercial disadvantage.
  • It’s estimated that Monsanto seeds now account for 90 percent of the U.S. production of soybeans, which are used in food products beyond counting.
avivajazz  jazzaviva

Bailout for the People || Basic Income Guarantees || Cancerous Monetary System in USA - 0 views

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    Isn't it fiinally time to enact a "basic income guarantee"? The lack of individual and family income security in the midst of a highly-developed economy is a travesty under any circumstances. But the contradiction of "poverty in the midst of plenty" that has plagued the world since the start of the Industrial Revolution is becoming much more grave in the U.S. and abroad. The problem, of course, is one of distribution of earnings, and excess production capacity relative to available income... Winston Churchill gave eloquent testimony to this conundrum of the modern age when delivering the Romanes Lecture at Oxford University on June 19, 1930. This was a few months after the crash of the U.S. stock market marked the start of the Great Depression. Churchill said: "Who would have thought that it would be easier to produce by toil and skill all the most necessary or desirable commodities than it is to find consumers for them? Who would have thought that cheap and abundant supplies of all the basic commodities would find the science and civilization of the world unable to utilize them? Have all our triumphs of research and organization bequeathed us only a new punishment: the Curse of Plenty? Are we really to believe that no better adjustment can be made between supply and demand? Yet the fact remains that every attempt has failed. Many various attempts have been made, from the extremes of Communism in Russia to the extremes of Capitalism in the United States. They include every form of fiscal policy and currency policy. But all have failed, and we have advanced little further in this quest than in barbaric times. Surely it is this mysterious crack and fissure at the basis of all our arrangements and apparatus upon which the keenest minds throughout the world should be concentrated.
avivajazz  jazzaviva

The Growing Movement for Publicly Owned Banks by Ellen Brown - YES! Magazine - 0 views

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    "We the people have given away our sovereign money-creating power to private, for-profit lending institutions, which have used it to siphon wealth from the productive economy. Some states are moving to take that power back. "
avivajazz  jazzaviva

A Student Debt Strike Force Takes Off by Yates McKee - YES! Magazine - 0 views

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    "A Student Debt Strike Force Takes Off Debt-and the shame that surrounds it-is the tie that binds the 99 percent. Can young people reimagine it as something productive, rather than a tool for profiteering? "
avivajazz  jazzaviva

Daily Kos: Open Letter: Call me a BOZO, I'm for Health Reform: UPDATE 4X w/POLL - 0 views

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    *I've been very critical of HCR (1+ / 0-)Obama, and the whole process and what appears that the end result will be.  What would be enough for the democrats opposed to the bill to support it? Personally speaking, I recognize that it's never going to be perfect.  But the sticking point is forcing people to buy a product from a private company without any effective cost control measures.  That's it, anything else I can work with. So for me, I would need either the mandate taken out, strict cost regulation added, or a non-profit pulic option added. What about the rest of you? by Skellen on Tue Mar 09, 2010 at 11:59:13 AM PST[ Reply to This | Recommend ] REPLY by .@avivao: Mandate to buy private insurance? (0 / 0)Exactly. A mandate to buy from private insurers (who're already raising rates in advance of the bill's passage--a way of gaming medical loss ratios, etc.) must be counterbalanced by a substantive public plan (Medicare for All or Medicare for More would be the most expeditious way to go, I suspect). Also, the mandate will surely cause suffering "down the road" unless regulation of insurers is actually enforceable. Still, we must pass this #HCR bill, I think. I'm extremely worried about (1) passing it with a unilateral mandate; (2) not passing it because of a unilateral mandate. How did we get trapped like this? What went wrong? Sure; a lot has gone right. I don't deny it. I'm glad. But we're backed into a corner now on passing this health bill. If we don't pass it, the news is very, very bad. If we do pass it, the news is probably very,very bad (for a different constellation of reasons). I say: #PassTheDamnBill. But I'm very disturbed by the potential consequences of doing so. There are many benefits to this bill; I pray that the liabilities don't outweigh them. We'll see. by avivagabriel on Wed Mar 10, 2010 at 11:56:59 AM PST[ Parent | Reply to This ]
avivajazz  jazzaviva

We are Exiles Who Follow an Alien, Undocumented, Migrant Messiah - Debra Dean Murphy - ... - 0 views

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    After NAFTA caused cheap American corn to flood Mexican markets, putting even prosperous Mexican corn farmers out of business, many fled to the U.S., desperate for work to support their families. Many others were actively recruited by corporations like Smithfield to work dangerous jobs in American factories. Government raids, like the one depicted in the movie, are carried out in collusion with the senior management of companies like Smithfield to "send a message" (to Americans, to the undocumented) while never really interfering with the company's production line or, more importantly, its bottom line.
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