Below you'll find a list of all posts that have been tagged as “Bloomberg L.P.”
Cash and carry has become nothing more than standard operating procedure in politics and government, and it’s wrecking the republic. The whole system is rotten to the core, corrupted by big business and special interests from the seventh son to the seventh son. Or daughter, as we learned these past few days when the news introduced us to Heather Bresch, …
American voters and politicians are now more polarized than ever before across all aspects of climate change  — from the cause, to the science and the impacts — a major new analysis has found. Campaigns funded by vested fossil fuel interests and pushed by a network of ideological think tanks, many linked to the oil billionaire Koch brothers, have helped to widen the gap, pushing …
“Updates on universities, politicians, and grad student unions, Bill Gates obscene wealth, Harley-Davidson’ illegal pollution and more. Analyses of capitalism’s craziness: insufficient demand, unemployment’s wastes, state subsidies for all systems.”
The fight for internet privacy has focused much of its attention on government surveillance, but mass data collection is done by private companies as well—and one such firm has “centralized and weaponized” all that information for its customers, Bloomberg reports on Friday. In fact, it has already built a profile on “every American adult,” Bloomberg writes. Read more
The New York Times published an astonishing article last week that blames green power for difficulties countries are facing to mitigate climate change. The article by Eduardo Porter, How Renewable Energy is Blowing Climate Change Efforts Off Course, serves as a flagship for an on-going attack on the growth of renewables. It is so convoluted and inaccurate that it requires a detailed response. Our planet is …
On Monday morning, Markit released its latest set of data on the state of the UK’s construction sector, and to say things didn’t look good would be an understatement. The sector slipped into contraction for the first time since April 2013, hitting just 46.o, a shock fall from an already poor base last month, and the biggest single month fall since …
Rich Americans still have it pretty good. I don’t mean everything’s perfect: business regulations can be burdensome; Manhattan zoning can prevent the addition of a town-house floor; estate taxes kick in at over $5 million. But life is acceptable. Barack Obama has not imposed much hardship, and neither will Hillary Clinton. And what about Donald Trump? Will rich people suffer if he is elected president? …
The leading expert on food at the United Nations says sharp price fluctuations in the price of food has little to do with actual supply. Nowadays, rapacious out-of-control investment backs such as Goldman Sachs, Morgan Stanley and Barclays Capital now dominate food speculation through the commodities markets. They dwarf the amount traded by actual food producers and buyers needlessly tipping millions into …
Between 1946 and 1953, the Massachusetts Institute of Technology (MIT) conducted a horrifying experiment in which schoolboys were fed radioactive oatmeal, simply to support marketing claims made by the Quaker Oats company! The study was performed on more than 100 boys, many of whom were wards of the state and had been falsely declared “mentally retarded,” according to The New York Times. …
The political crisis in America is severe. The old ideas that buttressed the ruling class and promised democracy, growth and prosperity—neoliberalism, austerity, globalization, endless war, a dependence on fossil fuel and unregulated capitalism—have been exposed as fictions used by the corporate elite to impoverish and enslave the country and enrich and empower themselves. Sixty-two billionaires have as much wealth as …
