Tag Archives: Economics

Ethics Group Asks SEC to Probe Musk Claims About ‘Gruesome’ Neuralink Monkey Trials

“It seems obvious to everyone but Elon Musk that Neuralink’s device is unsafe,” said one critic. “Now he is deliberately misleading investors and the public by outright lying about the company’s monkey experiments.”

By Brett Wilkins. Published 9-21-2023 by Common Dreams

After obtaining records showing a dozen monkeys were euthanized in “gruesome” trials, a national physicians group on Wednesday asked the U.S. Securities and Exchange Commission to investigate claims made by Elon Musk, owner of the biotech firm Neuralink, about the company’s experimental brain implants.

Physicians Committee for Responsible Medicine (PCRM) requested an SEC probe into possible securities fraud committed by Musk when he claimed that “no monkey has died as a result of a Neuralink implant” during testing of the company’s implantable brain-computer interfaces (BCI), and that the animals who died were all already terminally ill when chosen for experiments.

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With Alito’s Billionaire Patron Holding $90 Million in Finance Firms, Watchdog Demands Recusal From CFPB Case

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“Should Justice Alito preside over this case despite his clear conflicts of interest, it would add to the worsening Supreme Court corruption crisis and underscore the urgent need for ethics reform,” said one critic.

By Julia Conley. Published 9-18-2023 by Common Dreams

Samuel-Alito. Screenshot: Conversations with Bill Kristol

Anti-corruption watchdog Accountable.US on Monday said there is a clear need for U.S. Supreme Court Justice Samuel Alito to recuse himself from an upcoming court case regarding the Consumer Financial Protection Bureau, as a new analysis revealed the extent of one of his key associate’s financial interests in the case.

The group released new data showing that hedge fund manager Paul Singer holds at least $90 million in financial firms overseen by the CFPB, which was established in 2011 through the Dodd-Frank Wall Street Reform and Consumer Protection Act and has since provided $16 billion in financial relief to defrauded consumers and ordered companies to pay $3.7 billion in penalties.

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Demanding an End to ‘Deadly Fossil Fuels,’ Tens of Thousands Take the Streets in NYC

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“It’s time for Biden to declare a climate emergency and phase out the fossil fuels killing people and wildlife around the world.”

By Jake Johnson. Published 9-17-2023 by Common Dreams

Thousands of activists, indigenous groups, students, and others take to the streets of New York City for the March to End Fossil Fuels on September 17, 2023. Photo: Mollie Heckerling/X

Tens of thousands poured into the streets of New York City on Sunday for the largest climate mobilization in the U.S. in years, with organizers and marchers telling President Joe Biden to stop approving planet-wrecking fossil fuel projects and start doing everything in his power to accelerate the nation’s renewable energy transition.

Campaigners expressed outrage that Biden has refused to declare a national climate emergency and is planning to skip United Nations Secretary-General António Guterres’ Climate Ambition Summit on Wednesday.

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Carbon markets that benefit the West will not solve Africa’s climate crisis

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Western interests dominated the Africa Climate Summit. Time for African nations to put themselves first

-By Claire Nasike and Peter Osogo Published 9-15-2023 by openDemocracy

The First Africa Climate Summit was held at the Kenyatta International Convention Center in Nairobi, Kenya on September 6 2023. Photo: Paul Kagame/flickr/CC

The Africa Climate Summit 2023 in Kenya last week united African leaders for a discussion on the climate crisis, with a specific focus on Africa and its policy stance ahead of COP28 in Dubai.

One would have expected African leaders to propose sovereign solutions to the challenges faced by their countries. These include recurrent hunger, flooding, drought, resource exploitation, water and soil pollution, and control of food systems by Western corporations.

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‘Important Step’: Biden Admin to Track Foreign Forces Killing Civilians With US Weapons

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“Of course, its impact will come down to the details of implementation,” said one expert.

By Jessica Corbett Published 9-13-2023 by Common Dreams

Child Observing Sana’a Ruins. Photo: Felton Davis/flickr/CC

Human rights advocates and some congressional Democrats on Wednesday cautiously welcomed Washington Post reporting that the Biden administration has created a program to track and investigate allegations of foreign forces harming or killing civilians with weapons provided by the United States.

“The United States clearly has a vested interest in knowing what harm its weapons sales and security assistance cause to civilians,” Human Rights Watch (HRW) deputy Washington director Nicole Widdersheim told the newspaper. “Let’s see if the Biden administration puts political will behind this good idea.”

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400+ Actions to End Fossil Fuels Planned Around the World for Sept. 15-17

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“When we the people use our collective power we can win,” said one campaigner.

By Julia Conley. Published 9-11-2023 by Common Dreams

“September 15-17, 2023. Everywhere.”

Those are the dates and location of the international mobilization against fossil fuels set to take place this coming weekend, and the last word is hardly an exaggeration as organizers with the Global Fight to End Fossil Fuels report that more than 400 actions, marches, rallies, and other events have already been registered around the world.

More than 780 organizations have endorsed the day of action—up from 500 less than a week ago—and millions of participants are expected to rally from Cape Town, South Africa to Manila, Philippines and Lahore, Pakistan, as well as in dozens of cities and towns across the United States, the largest emitter of greenhouse gases in history.

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With Funds Opposed by GOP, IRS to Target Ultrawealthy Tax Delinquents

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“This news stands in stark contrast to the approach taken by House Republicans, who want to allow wealthy tax cheats to continue business as usual,” said U.S. Senate Finance Committee Chair Ron Wyden.

By Jessica Corbett. Published 9-8-2023 by Common Dreams

Internal Revenue Service Commissioner Daniel Werfel . Screenshot: C-SPAN

The U.S. Internal Revenue Service on Friday won praise from congressional Democrats and progressive groups for announcing “a sweeping, historic effort to restore fairness in tax compliance by shifting more attention onto high-income earners, partnerships, large corporations, and promoters abusing the nation’s tax laws.”

The IRS effort is enabled by some of the $80 billion in funding for the agency included in the Inflation Reduction Act (IRA), which President Joe Biden signed into law last year. About a quarter of that money is set to be clawed back as part of his recent deal with congressional Republicans to temporarily suspend the nation’s debt limit.

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‘Furious’ at Army Corps, Tribe Calls for Public Support to Shut Down Dakota Access Pipeline

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“The Corps’ covering for the pipeline company’s outrageous safety record and the reviewer’s serious conflict of interest have now resulted in a failed effort,” said Standing Rock Sioux Tribe Chairwoman Janet Alkire. “They need to start over with adult supervision.”

By Jon Queally. Published 9-10-2023 by Common Dreams

Opponents of the Dakota Access Pipeline hold a protest in Minneapolis, Minnesota on Oct. 25, 2016. (Photo: Fibonacci Blue/flickr/cc)

Standing Rock Sioux Tribe Chairwoman Janet Alkire is leading a fresh demand that the U.S. Army Corps of Engineers throw out an ongoing environmental review process of the controversial Dakota Access Pipeline and start again from scratch alongside a superseding call for the pipeline to be shuttered completely.

Following Friday’s release of a revised Environmental Impact Statement (EIS), ordered by a federal court, the tribe said the document reveals the entire process has been a failure and that the pipeline—currently operating across their land without consent in what they consider an “illegal” manner by the Energy Transfer company—should be shut down once and for all.

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Now End All the Drilling, Campaigners Say as Biden Rescinds Arctic Refuge Leases

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“Our sacred land is only temporarily safe from oil and gas development,” said one First Nations leader, urging Congress and the White House to “permanently protect the Arctic Refuge.”

By Julia Conley. Published 9-6-2023 by Common Dreams

Polar bear, Arctic National Wildlife Refuge, Alaska. Photo: Alan D. Wilson/Wikimedia Commons/CC

Indigenous tribes and climate campaigners applauded the Biden administration’s announcement Wednesday that it will cancel all existing oil and gas drilling leases in the Arctic National Wildlife Refuge in Alaska and ban drilling across 13 million acres of the National Petroleum Reserve, while hundreds of groups also called on the U.S. Interior Department to go further on fossil fuel leasing.

Biden’s move in Alaska will reverse former Republican President Donald Trump’s approval of a 2017 law that required leasing in the Arctic Refuge, the nation’s largest area of pristine wilderness which is home to vulnerable species including polar bears, migratory birds, and caribou.

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Senator Files Ethics Complaint Accusing Alito of Scheme to Thwart Congressional Action

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“Justice Alito was involved in an organized campaign to block congressional action with regard to a matter in which he has a personal stake,” reads the complaint filed by Sen. Sheldon Whitehouse.

By Jake Johnson. Published 9-5-2023 by Common Dreams

Democratic Sen. Sheldon Whitehouse filed an ethics complaint against Supreme Court Justice Samuel Alito on Tuesday, accusing the right-wing judge of improperly interfering with congressional efforts to reform the scandal-plagued high court.

The complaint points to Alito’s comments in a recent Wall Street Journal interview conducted in part by David Rivkin, an attorney for notorious Federalist Society co-chair Leonard Leo. Rivkin is also representing the plaintiffs in a case that could preemptively ban lawmakers from enacting a wealth tax.

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Tag Archives: Economics