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Posts Tagged ‘Fraud

How the FDA has covered-up risks of GMOs and gagged their own scientists

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“Druker’s brilliant expose catches the promoters of GE food red-handed: falsifying data, corrupting regulators, lying to Congress. He thoroughly demonstrates how distortions and deceptions have been piled one on top of another, year after year, producing a global industry that teeters on a foundation of fraud and denial. This book is sure to send shockwaves around the world.”   –Jeffrey Smith

*** IMPORTANT NOTE: If you buy more than one book, you need to do so in separate transactions in order to have maximal effect – because five books bought in a single transaction will only register as one purchase in the way the bestseller list is tabulated. Also note that you can have the e-book edition delivered to someone by providing their email address when you purchase.

Most of you are already concerned about the risks of genetically engineered (GE) foods, and if you’re not, a new book is being released that demonstrates why you should be. It’s titled:

Altered Genes, Twisted Truth

How the Venture to Genetically Engineer Our Food Has Subverted Science, Corrupted Government, and Systematically Deceived the Public

Order book HERE.

It was written by public interest attorney Steven Druker, who initiated a lawsuit that forced the FDA to divulge its internal files on GE foods – thereby exposing how the agency had covered up the extensive warnings from its own scientists about their risks, lied about the facts, and then ushered them onto the market in blatant violation of U.S. food safety law.

But Steven’s book does far more than expose the FDA’s fraud. It reveals how the entire GE food venture has been chronically and crucially dependent on fraud – and how the key misrepresentations have been dispensed by eminent scientists and scientific institutions such as the U.S. National Academy of Sciences and the U.K. Royal Society.

Further, the book’s factual and logical soundness – and its importance – have been recognized by several scientists who have unstintingly praised it. For instance, the world-famous (and well-beloved) primatologist Jane Goodall has written the foreword, in which she not only hails it as one of the most important books of the last 50 years but states: “I shall urge everyone I know who cares about life on earth, and the future of their children, and children’s children, to read it. It will go a long way toward dispelling the confusion and delusion that has been created regarding the genetic engineering process and the foods it produces. . . . Steven Druker is a hero. He deserves at least a Nobel Prize.”

(A sampling of endorsements from other scientists appears at the end of this item.)

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Richard Heinberg: the end of growth, and the natural gas controversy

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Post Carbon Institute                June, 2011

Last weekend, the New York Times published a series of articles that — through leaks from EIA officials and natural gas industry insiders — corroborated the findings of our landmark report, Will Natural Gas Fuel America in the 21st Century?: Don’t believe the hype about plentiful U.S. natural gas supplies.

Of course, the controversy over natural gas is far from over, and PCI continues to provide energy realism and literacy to the debate. This week, PCI Fellow David Hughes published an analysis of two contradictory studies assessing the greenhouse gas emissions of shale gas vs. coal. The conclusion? Shale gas is worse for the climate over a 30-50 year timeframe.

From hot air to deflating (economic) balloons… We were blown away to receive nearly 600 orders in the span of 12 hours for Senior Fellow Richard Heinberg’s newest book, The End of Growth: Adapting to Our New Economic Reality. In the video above, Richard Heinberg, author of “The Party’s Over” and leading peak oil educator, talks about the future of our ‘growth’ society.

Government sues bankers over offenses government regulators ignored

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Left Hand, Meet Right Hand

The government sues bankers over offenses government regulators once ignored.

By Bethany McLean Tuesday, March 29, 2011, Slate

Kerry Killinger. Click image to expand.

A couple of weeks ago, the government started signaling, at long last, that it was ready to get tough on the bankers who caused the 2008 financial crisis. On March 16 the Federal Deposit Insurance Corporation, or FDIC, sued three former top executives of Washington Mutual, or WaMu, for taking “extreme and historically unprecedented risks,” thereby causing the bank to lose “billions of dollars.” That same day, the New York Times reported that the Securities and Exchange Commission had sent so-called Wells notices—often a sign that civil charges are imminent—to a handful of former executives at mortgage-securitization giants Fannie Mae and Freddie Mac.

The targets seem well-chosen. The collapse of WaMu, acquired by JPMorgan Chase at a fire-sale price in the fall of 2008 was, according to the FDIC, the biggest bank failure in U.S. history. The FDIC is seeking to recover $900 million from the three bankers. Fannie and Freddie were taken over by the government in the fall of 2008. So far, they have cost taxpayers about $130 billion.

Perhaps you’re thinking: If only the government had known at the time what these scoundrels were up to, we could all have been spared a great deal of pain. The trouble with that line of reasoning is that, um, the government did know what was going on. The Office of Thrift Supervision, which regulated WaMu, and the Office of Housing Enterprise Oversight, which regulated Fannie and Freddie, were supervising the very behavior that their sister agencies are now suing over. The government’s lawsuits call to mind a cynical boast by Burt Lancaster, playing tabloid power broker J.J. Hunsecker, in the 1957 noir classic Sweet Smell of Success: “My right hand hasn’t seen my left hand in 30 years.”

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Will GOP Congress Overturn Property Law to Enable Another Big Bank Bailout?

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Big Bank Bailout Redux

By Robert Borosage

January 14, 2011     ourfuture.org

Central to the Tea Party revolt was a fierce reaction against the bailout of the big banks.

Will the Republican Congress now spit that sentiment in the eye and push through another bailout, this time by overturning centuries of property law and nationalizing what has always been governed by state law?

Will the power of their donors overwhelm the power of their voters and the platitudes of their ideology?

The Third Way, one of a gaggle of outlets for the corporate wing of the Democratic Party, has just published a paper “Fixing Foreclosure-gate” urging that Congress take over and overturn state laws on mortgages and property. Increasingly local courts are choking on the reality that the banks trampled all property law in their rush to market mortgage backed securities. Now as they try to foreclose on millions of homeowners, they can’t establish who has the right to foreclose because they haven’t kept the records required by law. The bank position is “nevermind,” let us foreclose anyway. That’s essentially what the Third Way is saying. Only problem is without clarity about the title and who has the right to foreclose, the courts — at least those that aren’t bought and sold — can’t force someone out of their home.

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Written by laudyms

January 18, 2011 at 11:49 am

In Continued Compromise, Failure

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by: RDemocrat
HillBillyReport Tue Dec 07, 2010

compromise-  A concession to something detrimental or pejorative: a compromise of morality.


With the announcement that the Administration will indeed roll over to Republicans once again one thing is ringing true. In the political arena when these “compromises” are reached the only folks that are expected to give anything up are Progressives, and working America. When we had huge majorities in Congress and the White House still Progressives were expected to concede everything. Now it has become apparent that once again we are the only ones to sacrifice. One begins to wonder if this is not the way it was meant all along.

The sad fact is that in the spirit of “bi-partisanship” these were not compromises but capitulations. You see, with a compromise both sides are expected to sacrifice. However, with the weakness and cowardice of our Democratic leadership starting at the top with the President Progressives never receive anything in return. This is called cowardice, not compromise.

Especially when the public as a whole supports your position. On these tax cuts as with the public option, a majority of Americans favored asking the greediest and least patriotic to pay their fair share. Yes, poll after poll showed the American people favored ending these cuts but still our President was too timid to stand up to the Mitch McConnells and the John Boehners of the world who will never be satisfied until we have a two-class society run by the elites. Folks like them and yes, President Obama.

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This crisis is all about fraud

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Truth is where you find it

November 1, 2010

You may think that a nurse without an academic degree in economics would not be a good source of information about the ticking Debt Bomb that Wall Street lobbed into world financial markets in the last decade.

If you thought that you’d be wrong. Lisa Epstein offers what may be the clearest, to-the-point explanation of the astonishingly long chain of fraud behind the so called “mortgage-backed security” crisis I’ve heard.

Following her is Professor William Black who backs up her common sense analysis and points out that there have been more than one million cases of mortgage fraud per year- but no convictions.

Remember, while the Fed may have taken this “bad paper” off the books of a few banks, it’s done nothing for the thousands of pension plans, colleges, foundations, local government accounts and other funds that were sold this garbage.

This stuff was sold as AAA paper and was sold by the trillions. It’s everywhere.
For more Banking malfeasance videos, click here

Who caused the financial collapse? Why aren’t they in jail?

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Devona Walker May 26, 2010  AlterNet

We’re livid about the Wall Street bailout and skeptical about financial reform

If you write bad checks, if you steal a car, you are going to jail. That’s how the system works for regular folks. On Wall Street, if you rip someone off, defraud them, take their (our tax) money, you may get a bonus or you may lose your job. But not one of the players that contributed to the financial meltdown has seen the inside of a jail cell. That’s predatory capitalism at its finest. That’s the American double standard that has so many Americans livid about the Wall Street bailout and skeptical about financial reform.

Here are some of the biggest players, who have not been held accountable and won’t really be touched by Financial Reform.

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