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Home / Tag Archives: Ridiculously obvious scams

Tag Archives: Ridiculously obvious scams

The Agribusiness Alliance for a Green Revolution Failed Africa

Yves here. Agriculture/food sustainability expert Tim Wise speaks to Lynn Fries on how the promise that “modern,” as in “green revolution” or Big Ag approaches would revolutionize food production in poor nations and reduce hunger. Revolutionize they sure did, but not in the way they promised, in terms of results. As Wise explains, this push to displace small farmers and traditional practices hasn’t simply enriched foreign business interests. It has increased hunger. By Lynn Fries. Originally...

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John Deere Strike: A Union Member Explains How Bad Faith Dealings Produced Today’s Grievances

Yves here. Reader TroyIA, who works at John Deere, has graciously provided us with an important background to strike, most of all the too-clever provisions that management won in past contract negotiations that turned out markedly worse for union members than they were led to believe. A centerpiece is the hated incentive plan CIPP, which not only due to tricks and traps regularly fails to yield any payments despite a unit appearing to hit targets, but can even deliver negative payments, as in...

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New Report Highlights Corporate Funding of Police Foundations, Which Encourage Police Militarization and Thwart Reform

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. One thing I learned from studying with Tom Ferguson: follow the money. That’s the Golden Rule for understanding American politics and other money-driven political systems. Alas, political scientists and other students of politics often don’t do this, for a variety of reasons, not least that they don’t want to admit – let alone document – how our...

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Insurance Focused on Virtual Visits? The Pros and Cons of a New Twist in Health Plans

Jerri-Lynn here. During the pandemic, I’ve done some telemedicine sessions, but only with doctors I’ve seen in person before. So I don’t know exactly how I view this trend, especially as so many medical ‘innovations’ are more focused on making profits, at the expense of patient care. So what may seem to be a good thing in theory, on reflection turns out to be just another vehicle for profit extraction. Because that’s what our neo-liberal health care system is designed to do. Readers? What’s...

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Major Insurers Running Billions of Dollars Behind on Payments to Hospitals and Doctors

Lambert here: We should bail them out. Obviously. Jay Hancock, of Kaiser Health News. Originally published at Kaiser Health News. Anthem Blue Cross, the country’s second-biggest health insurance company, is behind on billions of dollars in payments owed to hospitals and doctors because of onerous new reimbursement rules, computer problems and mishandled claims, say hospital officials in multiple states. Anthem, like other big insurers, is using the covid-19 crisis as cover to institute...

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Never Mind the Pandora Papers: Why Secrecy Still Rules in the UK

Yves here. Our Richard Smith provides a broader look into the question of why so little has changed on the secrecy front despite a fair bit of press and even some regulatory and legislative efforts to rein it in. The short version is: “It’s hard!” but there are specific devices the shadowy money types employ to evade what to most would seem to be pretty clear-cut rules. Our Richard Smith is back! As you can see below, he’s a co-author of a new piece at openDemocracy on a favorite topic: how...

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European Investment Scammers Allegedly Laundered Their Money through Scotland

Yves here. Our Richard Smith is back! As you can see below, he’s a co-author of a new piece at openDemocracy on a favorite topic: how shady investment vehicles like Scottish limited partnerships facilitate scams and money laundering. Richard took up this beat when a friend lost a lot of money to an international scammer. He discovered that the authorities won’t get out of bed if the ripoff is below $20 million, and even then it’s hard to get their attention, since cross border crime is...

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‘This Is a Battle Between What People Need & What Money Wants.’ How’s That Going to End?

Yves here. The protracted struggle over Biden’s spending plans, particularly between the business stooges moderates and progressives, is putting a spotlight on whose interests are being served by government. It’s become a little too obvious that ordinary people are getting the short end of the stick. But since there’s been no open revolt, expect the beatings to continue. By Thomas Neuberger. Originally published at God’s Spies “The news media are not independent; they are a sort of...

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Why Does Congress Fight Over Childcare But Not F-35s?

Yves here. Of course we know the answer to how Congress sets its priorities. No one wants to lose donations or cause their friends in Virginia to lose sleep wondering how they’ll pay for their kids’ college tuition. Even so, the New York Times has finally deigned to notice that the US is an outlier, in an obviously bad way, on childcare spending. Gee, one wonders why. In fairness, this post gives useful detail on America’s over the top military spending and how it manages never to come up for...

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For-Profit Charter Schools Provide an Entryway for Private Investors to Exploit Public Education

Yves here. This post presents a case study of charter school investors overtly grifting, as opposed to the usual slower-motion version of cherry-picking students via using any excuse to expel ones that look difficult to educate. Even with that (over time) selection advantage, large scale studies have shown that charter school students do not outperform their public school peers. By Jeff Bryant, a writing fellow and chief correspondent for Our Schools. He is a communications consultant,...

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