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Archive for the ‘Corporate Government’ Category

FREEDOMFIGHTERS FOR AMERICA - THIS ORGANIZATIONEXPOSING ...2 – CRATERAIR

Coffee, tea, or bankruptcy?

—Forbes, September 26, 1994

In the case of the Caterair buyout, Carlyle made up for the money they lost— like many of the company’s early deals, Caterair was horrendously unsuccessful—by hiring the man that would eventually be the leader of the most powerful country in the world: George W. Bush. Caterair may have been a complete failure by ordinary business standards, but the relationships cultivated therein were more than worth the stinging financial losses.

In Washington, it’s not what you know, but who you know, and knowing George W. Bush, then son of the nation’s president, was a valuable connection indeed. But getting an in with the president’s son wasn’t easy, and it all started when the man known simply as “Mr. Marriott” got a hankering to sell one of his businesses. (more…)

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1 – THE POLITICIAN, THE BUSINESSMAN, AND THE UNLUCKY ESKIMOS

It was a great scam.
—Stephen Norris, co-founder Carlyle Group, May 20, 2002

Stephen Norris is getting excited now. Even today, recalling the events that led to the formation of the Carlyle Group, the company that would eventually come to represent Norris’ legacy, gives the 53-year-old Washington dealmaker a thrill. Though they didn’t know it at the time, co-founders Norris and David Rubenstein, a young staffer from the Carter administration, were embarking on the ride of a lifetime.

With a nose for the big deal, the cocksure Norris is, by his own admission, a difficult man to get along with. (more…)

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The Great Eskimo Tax ScamThe Great Eskimo Tax Scam

by Robert Lettin, March 30, 2016

[H]ere’s a fun story from the Wayback Machine to remind you it’s never the wrong time to pay attention to taxes.

Back in 1971, President Nixon signed the Alaska Native Claims Settlement Act. The law was intended to settle a long history of land disputes dating back to before Alaskan statehood. It distributed up to 104.5 million acres of land to the native tribes, paid out $962.5 million… and created 13 “Alaska native regional corporations” to manage those assets. But timing, as they say, is everything. Fishing, timber, and oil industries collapsed, and nearly all of the new corporations were left with losses. (more…)

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shell game | TheNEXUSWTO TRADE POLICY REVIEWS:

Chronological list of TPRs

Cambodia: 21 and 23 November 2017
Bolivia, Plurinational State of: 14 and 16 November 2017
Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo: 25 and 27 October 2017
Iceland: 4 and 6 October 2017
Paraguay: 20 and 22 September 2017
Jamaica: 13 and 15 September 2017
Brazil: 17 and 19 July 2017
European Union: 5 and 7 July 2017
Nigeria: 13 and 15 June 2017
Switzerland and Liechtenstein: 16 and 18 May 2017 (more…)

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New York Times SyndicateThe Relationship Between Globalization and Militarism
by Steven Staples, Social Justice magazine, Vol. 27, No. 4 (2000)

Globalization and militarism should be seen as two sides of the same coin. On one side, globalization promotes the conditions that lead to unrest, inequality, conflict, and, ultimately, war. On the other side, globalization fuels the means to wage war by protecting and promoting the military industries needed to produce sophisticated weaponry. This weaponry, in turn, is used-or its use is threatened-to protect the investments of transnational corporations and their shareholders.

1. Globalization Promotes Inequality, Unrest, and Conflict
Economic inequality is growing; more conflict and civil wars are emerging. It is important to see a connection between these two situations. Proponents of global economic integration argue that (more…)

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WTO: Celebrating the crumbs
By Percy F. Makombe, 2006

“Who will stand up for the poor?” asks Percy F. Makombe from the Southern and Eastern African Trade Information Negotiations Institute in the light of the recently concluded World Trade Organisation meeting held in Hong Kong 13-18 December. Makombe writes: “By agreeing to the Hong Kong ministerial text, developing countries are accepting short term and insignificant gains in agriculture for the serious loss of the right to develop policy space and options.”

It was the English poet John Milton who made the famous statement that “They who have put out the people’s eyes, reproach them of their blindness.” Milton was of course speaking of other times. Yet after monitoring six days of World Trade Organisation (WTO) trade talks in Hong Kong between December 13-18, one could be forgiven for thinking that Milton was referring to these times.

After a week of haggling, 149 WTO countries gave their thumbs up to a statement that is supposed to keep alive the prospect of a global trade deal. (more…)

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Activists protest against WTO in Nairobi - Xinhua ...

TWN Info Service on WTO and Trade Issues
By Third World Network, in SUNS #8583, 27 November 2017

US rejects proposal by 52 WTO members on AB selection

Geneva, 24 Nov (Kanaga Raja) – The United States has again blocked efforts to launch the process for filling three vacancies at the Appellate Body of the World Trade Organization.

At the meeting of the WTO’s Dispute Settlement Body (DSB) on Wednesday (22 November), the United States rejected a new proposal tabled by some 52 members calling for the simultaneous launch of the selection processes to fill three vacancies at the seven-member Appellate Body (AB). (more…)

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Photos from the Women's March on the WTO Protests; Hong ...The WTO has failed developing nations
Aurelie Walker, The Guardian, 2011

In the 10 years since the WTO pledged to deliver pro-development changes, developing countries have been completely sidelined by the global powers

Ten years ago, a new World Trade Organisation that put developing country needs at the centre of the international trade negotiation agenda was proposed. The Ministerial Declaration adopted at the start of the Doha Development Round of trade negotiations, on 14 November 2001, was a promising response to the anti-globalisation riots of the 1990s.

But the WTO membership has failed to deliver the promised pro-development changes. Finding “development” in the Doha Development Round today is like looking for a needle in a haystack. Developing countries have been completely sidelined by the economic and political interests of global powers. (more…)

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'Rank Hypocrisy': WTO Deal Bows to Wealth, Squashes the PoorWTO fails the poorest – again
By Ruth Bergan, 2011

World Trade Organisation fails in the Doha trade talks to deliver even a minimal package to benefit the least developed countries

Trade ministers have long insisted that the World Trade Organisaton (WTO) Doha negotiations are a vital part of the response to the global emergencies in the economy, food, climate and employment. Yet we learned this week that a lack of political will has rendered the WTO incapable of agreeing even a minimal package for the least developed countries.

It became clear in late April – the 10th year of negotiations – that WTO members would not manage to agree a full Doha deal. In May the director general, Pascal Lamy, announced a proposed “early harvest” package comprising four measures aimed at benefitting least developed countries. (more…)

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WTO Special Page, witiger.comReal battle for Seattle
By John Vidal, The Guardian, 1999

‘This is what democracy looks like,’ chanted protesters as they confronted armies of police firing tear gas canisters and plastic bullets.

The globalisation debate

‘Shame, shame, shame on you,’ chanted the protesters beyond the lines of Darth Vader-style police, the armoured cars, the horsemen, the National Guard and the dogs. The tear gas was heavy on the air, the police were now firing plastic bullets into the weeping crowd and the Ministerial Round of the Seattle world trade talks was in crisis.

The opening ceremony had just been cancelled because delegates were being corralled in their hotel suites. Even the combative US trade representative Charlene Barshefsky was unable to attend.

On the front line of the protest a small debate was taking place. Two African delegates were trying to get through the lines of protesters. (more…)

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