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Jack Rothman: The trickle down theory holds that when financial elites heap up profits, good stuff cascades down to poor folks at the bottom. What I've seen trickle down is meager jobs and hardly-livable housing. Mansions never seem to trickle down. READ MORE
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THURSDAY, 28 MAY 2015
Minimum Wage? How About a Maximum Wage?
Jack Rothman: The trickle down theory holds that when financial elites heap up profits, good stuff cascades down to poor folks at the bottom. What I've seen trickle down is meager jobs and hardly-livable housing. Mansions never seem to trickle down.
Norman Solomon: A dozen years before his recent sentencing to a 42-month prison term, former CIA officer Jeffrey Sterling was in the midst of a fruitless effort to find someone in Congress willing to look into his accusations about racial discrimination at the agency.
Cleveland's Police Department Needs a "Culture Change"
Cheryl Dorsey: Why was Brelo the only officer charged when it is obvious to me that the 13 officers involved in the shooting acted, in my opinion, unreasonably?
Vindicating the Ways of God to Man in Gihembe Refugee Camp
Georgianne Nienaber:International media did not broadcast this moving ceremony, but camp residents used photography and social media to communicate thousands of words that demanded to be heard.
Robert Reich: We’re now in a new gilded age of wealth and power similar to the first gilded age when the nation’s antitrust laws were enacted. But unlike then, today’s biggest corporations have enough political clout to neuter antitrust.
Posted: Updated:
WASHINGTON -- House Republicans are again attacking measures aimed at protecting U.S. troops from predatory lending practices, two weeks after a similarGOP effort failed.
The military has been grappling with the financial impact of predatory lending on service members for years. In 2006, Congress passed legislation cracking down on some forms of high-interest credit, particularly payday lending. Lenders responded by exploiting loopholes in the law, and late last year, the Department of Defense proposed a new set of regulations designed to curb these creative workarounds that target troops.
Republicans have been working to kill those regulations before they can take effect. This week, Rep. Steve Stivers (R-Ohio) will offer legislation that would block DOD from finalizing its rules until a host of unrealistic technical certifications could be made for a database of active-duty military members. The House will vote on Stivers' plan as an amendment to the National Defense Authorization Act, a major bill that establishes military funding.
Huibert Vigeveno is to lead the integration of FTSE-100 giants Shell and BG after their mega-merger, Sky News learns.
By Mark Kleinman, City Editor: Thursday 28 May 2015
The head of Royal Dutch Shell’s operations in China is to spearhead the oil major’s integration with BG Group as the industry’s biggest-ever takeover inches forward.
Sky News understands that Shell informed senior managers this week that it was naming Huibert Vigeveno, its executive chairman for China, as executive vice-president for integration, with the appointment due to take effect at the beginning of August.
The role being handed to Mr Vigeveno, a long-serving Shell executive, will be a crucial one.
The Polar Pioneer’s shit has run into a snag with King County sewers.
A waste management company contracted by Shell applied for a permit to dump the Arctic drilling rig’s human excrement directly into a King County manhole. Today we learn that King County said “no.”
The county’s reasoning:
First off, Shell didn’t apply for the permit directly, and permits from third parties who aren’t the ones generating the waste are usually denied. Secondly, the contractor didn’t provide any data about the shit to King County’s industrial waste program. You’re supposed to test the shit, then send data about the shit to the regional officials. And that didn’t happen.
Offshore decommissioning ‘a new beginning for North Sea industry’
Brent Delta is among the most iconic platforms
By Ken Banks: BBC Scotland North East reporter
As a growing number of North Sea oil and gas fields head towards the end of their production lives, industry leaders are waking up to the challenges – and opportunities – that lie ahead. Hundreds of business figures attended a conference in Aberdeen this week to learn more about where the decommissioning process is heading.
There’s a growing realisation that offshore decommissioning is now really happening.
Over the next 25 years or so, the process of retiring North Sea oil and gas facilities could cost tens of billions of pounds, according to projections.
“My government will definitely not be happy… (Royal Dutch) Shell is one of the biggest single investors in the country and there are some $150 billion in infrastructure projects coming up in the next years…”: Qatar Airways CEO
Al-Baker (above) said Qatar would take note if Qatar Airways was not awarded the extra slot it is seeking in order to fly seven days a week to and from Schiphol. (Reuters Photo)
In handing out lucrative public procurement contracts, Qatar is likely to favour countries whose airports grant take-off and landing slots to state-owned Qatar Airways, its chief executive said on Tuesday. The remarks by Akbar al-Baker, in Amsterdam to launch a new six-times-a-week route, may fan the protests of western carriers that Gulf competitors have unfair advantages because of their close relationships to their governments.
SEE BELOW FOR THE 1001STTIME THE REITERATION OF DEMAND PAYMENT OF RETIREMENT PAY WHICH SHELL REFUSED TO HONOR IN THE PRESENCE AND DEEMED APPROVAL OF THE HONORABLE MAGISTRATES OF THE SUPREME COURT OF THE PHILIPPINES