Project Censored: 10 stories the media neglected this year
Published: December 4, 2013
US Senator Carl Levin (D-Michigan) introduced legislation to combat the practice, SB1533, The Stop Tax Haven Abuse Act, but so far the bill has had little play in the media.
Researcher James Henry said the hidden wealth was a “huge black hole” in the world economy that has never been measured, which could generate income tax revenues between $190-280 billion a year.
3. Trans-Pacific Partnership
Take 600 corporate advisors, mix in officials from 11 international governments, let it bake for about two years and out pops international partnerships that threaten to cripple progressive movements worldwide.
The Trans-Pacific Partnership is a trade agreement, but leaked texts show it may allow foreign investors to use “investor-state” tribunals to extract extravagant extra damages for “expected future profits,” according to the Public Citizen’s Global Trade Watch.
The trade watch group investigated the TPP and is the main advocate in opposition of its policies. The AFL-CIO, Sierra Club, and other organizations have also had growing concerns about the level of access granted to corporations in these agreements.
With extra powers granted to foreign firms, the possibility that companies would continue moving offshore could grow. But even with the risks of outsized corporate influence, the US has a strong interest in the TPP in order to maintain trade agreements with Asia.
The balancing act between corporate and public interests is at stake, but until the US releases more documents from negotiations, the American people will remain in the dark.
4. Obama’s War on Whistleblowers
President Obama has invoked the Espionage Act of 1917 more than every other president combined. Seven times, Obama has pursued leakers with the act, against Thomas Drake, Shamai Leibowitz, Bradley Manning, Stephen Kim, Jeffrey Sterling, John Kiriakou and most recently, Edward Snowden. All had ties to the State Department, FBI, CIA or NSA, and all of them leaked to journalists.
“Neither party is raising hell over this. This is the sort of story that sort of slips through the cracks,” McChesney said. And when the politicians don’t raise a fuss, neither does the media.
ProPublica covered the issue, constructing timelines and mapping out the various arrests and indictments. But where Project Censored points out the lack of coverage is in Obama’s hypocrisy—only a year before, he signed The Whistleblower Protection Act.
Later on, he said he wouldn’t follow every letter of the law in the bill he had only just signed.
“Certain provisions in the Act threaten to interfere with my constitutional duty to supervise the executive branch,” Obama said. “As my Administration previously informed the Congress, I will interpret those sections consistent with my authority.”