90% of the cost of hosting the Olympics is carried by the taxpayers. 10% is corporate money. But the corporations get draconian monopolist powers over the taxpayers during these idiotic games! This is how a tiny minority can own public facilities and public affairs after paying basically, small bribes. Also, there were huge demonstrations in Mexico about media corruption in politics which were nearly totally ignored by the US media.
The insanity of selling the public-funded business of the Olympics to private corporations is evil in may ways: Olympics attacked for fast food and fizzy drink links | Life and style | guardian.co.uk
The Obesity Games report, published by The Childrens’ Food Campaign (CFC), found that corporate sponsorship accounts for less than 10% of the total funding for the London 2012 Games, while fast food sponsors contribute only about 2% of the IOC income. Yet the major sponsors Coca-Cola, McDonald’s and Cadbury are given an unrivalled platform to promote their unhealthy brands and products, it says.
The CFC is calling for the IOC to help tackle rising obesity levels by setting conditions on promoting healthy eating in their sponsorship deals and for junk food brands to be excluded.
The findings will trigger fresh criticism of the stranglehold on food and drink at the Games held by sponsors Cadbury, McDonald’s (its largest restaurant in the world is in the Olympic Park) and Coca-Cola, which is expected to serve 23m soft drinks at the Games due to its near-monopoly at Olympic venues.
The people who control these fascist games are nearly all multi-millionaire elites who incidentally, many are Bilderberg gangsters as well as on the board of directors of various corporations. They turned what was supposed to be government-directed games proving the physical prowess of elitist, colonialist powers which then morphed into capitalism versus communism games.
With the ending of communism, it has now become full-blown corporate exploitation of the masses. There is nothing on earth the purveyors of dangerous products love more than to have healthy, fit, good-looking people peddling their wares. Pasting the names of disgusting products being peddled to the masses onto the hyper-fit bodies of athletes…who get little pay for all this!…is how corporations cleverly delude people into thinking they can eat McDonald’s swill and not end up looking like an overstuffed living room sofa thrown out on the street.
The fact is, these corporations can gain great coverage, literally plastering their logos over everything in sight as well as preventing anyone from even mentioning anything connected with any aspect of any sport in these corporate Olympics. Anyone making even the slightest allusion to any aspect of these private games is prosecuted heavily.
Like with the bank bailouts, 90% of the cost is carried by the masses who are seen as collateral for corporations so they can borrow to their heart’s content. And in the case of the Olympics, they totally physically own the entire event while bankrolling barely anything at all. The poor people of England are hoping foreigners will come in great numbers and spend money there and thus, bring in revenues.
Now on to other news that is being ignored here in the US. Mexico, our next door neighbor, is studiously ignored as much as possible. The ruinous war on drugs is a roaring failure there. And so are elections. Like here, these are crooked affairs designed to protect the elites: Thousands Protest in Mexico City Against Presidential Elections | Fox News Latino
Thousands marched through Mexico City’s center on Sunday to protest what they called the “imposition” of the candidate of the old ruling party. Protesters carried signs accusing presumed President-elect Enrique Pena Nieto of electoral fraud and Mexico television giant Televisa of being a “factory of lies.”… “Mexico didn’t vote for fraud. Mexico wants a country that is honest and democratic,” said marcher Marlem Munoz, 26, who studies dentistry at Mexico’s National Autonomous University. “What happened in the elections was a total mockery directed at the Mexican people.”
It is rather ironic that the NYT and WP didn’t cover this story. Both pretend to be better than Fox News. The Huffington Post did cover it, a little. But in general, it was mainly ignored. Here is why: This website tracks the corporate interests in our media, Interlocking Directorates:
New York Times Co.
360 Degree Communication
Cummins Engine Corp
Grace & Co.
Johnson & Johnson
Principal Financial Group
Starwood Hotels & Resorts
State Street Research and Management
Warburg, Pincus & Co.
Here is a story from England about the insane system set up with ‘free trade’ that has basically moves much of our industries overseas. That is, the few jobs left for Americans are for moving Asian goods around this country. And to keep things cheap, they have to severely oppress the truck drivers, the warehouse labor and everyone connected with selling this junk: ‘They shout at you and harass you’ – how workers toil at Walmart’s US suppliers | Business | guardian.co.uk
Walmart says the labour conditions are the responsibility of its contractors. Indeed, the contractors themselves also then often subcontract, especially with staffing agencies who often supply most of the labour for the manual jobs.
Critics say such an argument is disingenuous. “Walmart uses these companies as a buffer to negate any responsibility for what happens in their workplaces,” said Professor Juan de Lara, an expert at the University of Southern California…Recently, in response to the WWU efforts in the warehouses, supervisors at NFI Crossdock handed many workers a flyer with their wages. The leaflet, a copy of which was obtained by the Guardian, warned against supporting the formation of a union. “Don’t sign away your rights,” it claimed.
One recipient of the flyer was Miguel Gonzalez. He was told to make sure he read it by a woman manager, but warned against doing so on company time when he should be lifting boxes. “She said I needed to read it on my break,” Gonzalez said.
Outsourcing has prevented workers from organizing. The nuclear power plants in Japan are run the same way with layers of contractors padding the business so that ultimately, no one is responsible and if anything goes wrong, they can simply evaporate and reorganize under a new name.Evading responsibility for the welfare of workers is key. The US system which once had powerful unions that forced businesses to have reasonable working conditions and the 30 hour week have evolved into nonstop labor under inhumane conditions.
On Monday, the central bank of Italy said that wages have remained almost unchanged in 10 years in a country whose unemployment rate soared to 10.9 percent in the first quarter of 2012, and is expected to reach 11 percent in 2013.
Other recent studies highlighted most of the Italian companies refuse to offer their workers regular contracts with sick pay, holiday pay, or any other employment protection that can give them a chance to plan their lives.
All over the first world, we see socialism in retreat as raw capitalism takes over. People are told, this will lead to better times yet I see no sign of this happening. Exploitation of labor and denial of services runs alongside socialism for bankers and corporations who feed at the public trough nonstop. As I predicted, the Arab revolution is all about wanting more socialism but being allowed only raw capitalism:
Egypt’s New Prime Minister Faces an Angry Nation – ABC NewsAlmost daily, armed Egyptians angry over poor services storm hospitals, beating up or menacing doctors. Others took over a governor’s office to protest weeks without running water. Fabric workers shut down factories with strikes demanding better conditions.
So finally, we come to the news that Congress, scared of public unrest, is finally pretending to do something: Federal Reserve Audit Bill Overwhelmingly Passes The House
Fed Chairman Ben Bernanke recently told the House Financial Services Committee that he agrees with the “basic premise” that the Fed should be transparent, but raised concerns that Paul’s bill doesn’t exempt monetary policy and deliberations from its reach.
Not including an exemption on this point could create “a political dampening effect on the Federal Reserve’s policy decisions,” Bernanke warned.
But Rep. Dennis Kucinich (D-Ohio) pointed out that the House vote on the bill comes on the same day that the Washington Post reported that the New York Fed “did not communicate in key meetings with top regulators that British bank Barclays had admitted to Fed staffers that it was rigging LIBOR,” the index which sets interest rates worldwide.
“The Fed creates trillions of dollars out of nothing and gives it to banks. Congress is in the dark. The Fed sets the stage for the subprime meltdown. Congress is in the dark. The Fed takes a dive on LIBOR. Congress is in the dark. The Fed doesn’t tell regulators what is going on. Congress is in the dark,” Kucinich shouted on the House floor, just before the vote.
Basically, they are going to kill it in the Senate! Now, the only bills to pass overwhelmingly are Zionist bills wanted by Israel. If it has to do with more wars, it passes. If it has to save the bankers, it passes. So why did this pass?
It DIDN’T! This is a trick designed to stop anyone from demanding the Fed have an accounting. The Fed runs 100% on red ink. The US runs 100% on red ink. The rich refuse to pay taxes while payroll taxes fall like a rock as workers are disinvested and destroyed. The destruction of our manufacturing is causing the government to run in the red, our trade is in the red, everything is red ink all over the place.
While America has the most billionaires in the world! And this is why Romney was chosen: he is one of them, not us. Obama was one of us but was bribed and now is one of them just like everyone except Jimmy Carter and everyone is encouraged to hate him because…well, he isn’t a Zionist, of course. That is why. And he talks about peace, not stealing stuff.
Time to stuff our faces eating unhealthy foods while passively watching professional athletes toil for capitalists!
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