Bullpen Roundup for Thursday, December 29, 2016
Daniel Wright runs down some of this week’s overlooked stories on labor, corporate crime, the military industrial complex, and money in politics.
Economic Recovery Is Mostly A Myth For The 99 Percent
The famous United States stock index known as the Dow Jones Industrial Average (or simply the Dow) flirted with approaching a historic high of 20,000. The index, which shows how the largest 30 companies publicly traded in the U.S. are performing, is considered a key indicator of how well U.S.
European Banks Settling Mortgage Securities Fraud Cases
Both German Deutsche Bank and Swiss Credit Suisse are settling charges with the U.S. government over their involvement in fraud in the mortgage market.
Congo Implodes As AFRICOM Expands
While US officials shuttle in and out of Kinshasa amid protests, US military are creeping further and further into the politics of the continent.
White House Claims Over 80% Of Low-Skilled Jobs Will Be Automated
Chairman of the White House Council of Economic Advisers claims jobs with a median wage paying less than $20 an hour have an 83% chance of being automated.
Six Generic Drug Makers Caught In Price-Fixing Conspiracy
Attorneys general in 20 states sued six generic drug makers for conspiring to increase prices on generic medications to boost profits.
Obama Stops Arms Shipment To Saudis As War Crimes Charges Loom
President Barack Obama blocked a sale of U.S. weapons to Saudi Arabia, citing concerns about Saudi war crimes in Yemen.
David Brock Calls Press ‘Animals’ And Pledges To Destroy Trump
In a recent interview, David Brock defiantly told Politico writer (and Podesta emails star) Glenn Thrush that any attempt to attribute Hillary Clinton’s loss to the candidate herself was a “Kellyanne Conway line,” in reference to President-elect Donald Trump’s campaign manager Kellyanne Conway. Brock went on to seemingly blame anything
Wells Fargo Fake Accounts Scandal Spreads To Life Insurance Business
Prudential Financial announced it would suspend the distribution of a low-cost life insurance policy through Wells Fargo.
PropOrNot Not Only Smears Journalists, But Adds Fuel To Next Cold War
Anyone with a cursory knowledge of American history knows the US intelligence services are not above targeting their own citizens for disinformation campaigns.