Under Oath, Apple Lies to the World About Paying Taxes

On May 21, 2013, Tim Cook, the chief executive of Apple, appeared before a United States Senate Permanent Subcommittee on Investigations, investigative subcommittee, which had completed an inquiry into how Apple avoided tens of billions of dollars in taxes by shifting profits into Irish subsidiaries that the subcommittee’s chairman called “ghost companies.” At the hearing, Cook …

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Politicizing Hunger: Roots of the Cuban Embargo

By March 1960, just barely over a year after the Cuban Revolution, the U.S. decided that it was time to punish the Cuban people for allowing Castro to take power in Cuba. As explained in the Memorandum of Discussion at the 436th Meeting of the National Security Council, Washington, March 10, 1960: Mr. Dillon [Under …

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Cuba’s “Successful Defiance” of US Hemispheric Power

The reasons for US-lead terrorist attacks against Cuba and the illegal economic embargo are spelled out in internal US records. International terrorism and economic warfare are justified not by what Cuba does, but by its “very existence,” its “successful defiance” of the proper master of the hemisphere. Here are some internal records: March 22, 1960, Special …

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HSBC, the US Justice Department, and the War on Drugs

December 11, 2012: HSBC Bank agreed to pay $1.256 billion and enter into a deferred prosecution agreement with the Justice Department for HSBC’s violations of the Bank Secrecy Act (BSA), the International Emergency Economic Powers Act (IEEPA) and the Trading with the Enemy Act (TWEA). According to court documents, HSBC Bank USA violated the BSA …

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Robert Kennedy Orders “Terrors of the Earth” for Cuba

Minutes of Meeting of the Special Group on Operation Mongoose, 4 October 1962. Declassified Top Secret. The Attorney General opened the meeting by saying that higher authority is concerned about progress on the MONGOOSE program and feels that more priority should be given to trying to mount sabotage operations. The Attorney General said that he wondered …

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Citigroup’s Plutonomy Memo: “There are rich consumers, and there are the rest”

In October 16, 2005, Citigroup came out with a brochure for investors called “Plutonomy: Buying Luxury, Explaining Global Imbalances” urging investors to put money into a “Plutonomy Basket" Here are my favorite excerpts: The World is dividing into two blocs - the Plutonomy and the rest. The U.S., UK, and Canada are the key Plutonomies - economies …

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Supra-Governments – “The Most Powerful Force on Earth”

Who needs conspiracy theories? Just read the Financial Times. Roger Altman is an American investment banker and a former Democratic politician. He served as Assistant Secretary of the Treasury in the Carter administration from January 1977 until January 1981 and as Deputy Secretary of the Treasury in the Clinton administration from January 1993 until he …

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