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Showing posts from June 30, 2015

Iceland Just Jailed Seven Bank Executives for Market Manipulation

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["By jailing these executives of Iceland’s failed Kaupthing Bank, the country showed the world how to deal with corrupt banks." *RON*]
By True Activist, Nation of Change, 27 June 2015
In one of the biggest cases of its kind, seven prison sentences for market manipulation today.

According to The Iceland Monitor: “By fully financing share purchases with no other surety than the shares themselves, the bank was accused of giving a false and misleading impression of demand for Kaupþingi shares by means of deception and pretense.”

They were accused of trying to artificially inflate share prices in 2008 by using the bank’s funds to buy shares.

The Iceland Review reported: The court case began in late April, and the hearings were the most wide-ranging and complex in Icelandic legal history. Over 50 witnesses were called, and testimony lasted for many weeks. They were quizzed on the nine defendants’ suspected illegal trade in their own bank’s shar…

California Approves Strict New Vaccine Requirements for Children

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[The vaccine war. I'm strongly in favour of this move (the rights of the community as a whole, and of the elderly and of infants specifically, outweighs those of conspiracy theorists), but I can see how this will be in and out of the US court system forever. *RON*]

By Priyanka Boghani, Front Line, 30 June 2015

California now has one of the strictest vaccination laws in the country, after Gov. Jerry Brown on Tuesday signed legislation that eliminates the state’s personal and religious belief exemptions.

The law requires children who attend a school or daycare center in California to be vaccinated for childhood diseases like measles, mumps and whooping cough. Children who are unable to receive vaccines due to an immune-system deficiency or certain allergies could still acquire a medical exemption from the requirements.

While public health officials and supporters of the law say it would improve immunization rates and s…

Furlong defence buries the big picture at slander trial

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[The 1% stick together. "Had the name ‘John Furlong’ not been attached to their sworn statements, few would question their veracity today." *RON*]

Sandy Garossino, Vancouver Observer, 29 June 2015

"Where’d you go to school? Asking any other Canadian this is the most casual and even entertaining way of entering a conversation. Ask a First Nations person my age or older and you’re opening up a Pandora’s box of pain. Think about that for a second.” — Joseph Boyden

To see how far Canadians still must travel in responding to the Truth and Reconciliation Commission report, one need look no further than Vancouver’s Courtroom 54, where the epic legal confrontation between Laura Robinson and John Furlong was heard by Justice Catherine Wedge.

Robinson is suing Furlong over inflammatory statements he made following publication of her report chronicling accusations of abuse by former students at a Catholic school. Furlong had earlier dropped his…

U.S. Chamber of Commerce Works Globally to Fight Antismoking Measures

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[The spate of recent international trade agreements, culminating in TPP, show us that groups like the U.S. Chamber of Commerce have nothing, really, to do with national interest but rather serve the interests of the globalized corporatocracy. *RON*]

By Danny Hikim, New York Times, 30 June 2015

KIEV, Ukraine — A parliamentary hearing was convened here in March to consider an odd remnant of Ukraine’s corrupt, pre-revolutionary government.

Three years ago, Ukraine filed an international legal challenge against Australia, over Australia’s right to enact antismoking laws on its own soil. To a number of lawmakers, the case seemed absurd, and they wanted to investigate why it was even being pursued.

When it came time to defend the tobacco industry, a man named Taras Kachka spoke up. He argued that several “fantastic tobacco companies” had bought up Soviet-era factories and modernized them, and now they were exporting tobacco to many other countries. It…

Kinder Morgan donation scholarships refused by Kwantlen students

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['University' (sorry, I can't type that without the sneer quotes) says it will receive $300K in donations from pipeline company over 20 years. Students said 'no' to Kinder Morgan. How will this company ever get the social license it needs? *RON*]

By Gian-Paolo Mendoza, CBC News 26 June 2015
Related Stories
Paying the way- group says Kinder Morgan is buying its way to approval
Kinder Morgan Trans Mountain pipeline expansion could cost Canada $22.1B, says SFU study
Kinder Morgan's Trans Mountain pipeline rejected by Tsleil-Waututh First Nation
Trans Mountain pipeline: intervenors remain committed despite unlevel playing field

Students at Kwantlen Polytechnic University are vowing to refuse scholarships to be funded by a $300,000 donation agreement between the university and Kinder Morgan if the Trans Mountain expansion project is approved.

Justin Trudeau says B.C.’s pristine north coast no place for oil tankers

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[He's positioning himself to gain strategic BC votes and steal thunder from the NDP and Greens. Is it enough and is it specific enough? Will he gain as many votes as he loses by this approach? (Read the comments under the original article.) *RON*]

By Larry Pynn, Vancouver Sun, 29 June 2015


In an exclusive interview with Vancouver Sun reporter Larry Pynn, Liberal leader Justin Trudeau outlined his plans for economic prosperity, if there is meaningful dialogue. He eschewed the idea of allowing tankers to roam the the waters of B.C.'s North Coast as part of the Northern Gateway pipeline plan.

VANCOUVER — Federal Liberal leader Justin Trudeau said Monday in Vancouver that he is opposed to oil tankers on B.C.’s north coast.

He told a news conference at Jericho Beach Park that “it’s important we keep our most pristine and important coastal areas protected” and that “everyone here in B.C. knows that the Great Bear Rainforest is not a place for an o…

Canada’s economy shrinks for fourth month, raising spectre of recession

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[Another reason to feel great about all that tax money being spent on Harper's Action Plan ads. This is the direct result of Harper putting so strong an emphasis on the oil and gas industry. Four consecutive months of economic decline meets most people's definition of a recession. But, since there is no universally accepted definition, they get away with calling it the 'spectre' of a recession instead. *RON*]

Gordon Isfeld, Financial Post, 30 June 2015

OTTAWA — Canada’s economy began the second quarter of 2015 the same way it finished the previous three-month period, continuing to contract as the collapse of oil prices squeezed output in the energy sector and the hoped-for turnaround in manufacturing again failed to materialize.

That will be discouraging news for the Bank of Canada, which has been looking for signs of a rebound in this country and in the United States after a harsh winter start to the year — greatly aggravated by …