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    Common Dreams. To inform. To inspire. To ignite change for the common good.
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    LATEST NEWS
    OPINION
    Common DreamsTo inform. To inspire. To ignite change for the common good.

    general electric

    Sens. Jerry Moran and Susan Collins

    'Obvious Conflict of Interest': Report Reveals 50+ US Lawmakers Hold Military Stocks

    "It's abjectly terrifying that the personal benefit of any member of Congress is factored into decisions about how to wield and fund the largest military in the world," said one critic.

    Brett Wilkins
    Sep 12, 2024

    At least 50 U.S. lawmakers or members of their households are financially invested in companies that make military weapons and equipment—even as these firms "receive hundreds of billions of dollars annually from congressionally-crafted Pentagon appropriations legislation," a report published Thursday revealed.

    Sludge's David Moore analyzed 2023 financial disclosures and stock trades disclosed in other reports and found that "the total value of the federal lawmakers' defense contractors stock holdings could be as much as $10.9 million."

    Keep ReadingShow Less
    jeff merkley
    u-s-congress
    A woman holds a sign saying "Stop Genocide Now, Free Palestine" at an Oslo protest.

    Norway's Sovereign Wealth Fund Weighs Divestment From Companies Complicit in Israeli Crimes

    The world's largest pension fund recently adopted new ethics rules that could preclude it from owning shares in several U.S. arms firms.

    Brett Wilkins
    Sep 04, 2024

    Norway's $1.76 trillion sovereign wealth fund—the world's largest—could soon be forced to divest from companies including linchpins of the U.S. military-industrial complex due to updated ethics standards for businesses complicit in Israeli human rights violations in occupied Palestine.

    Reuters reported Wednesday that the Government Pension Fund Global Council of Ethics informed the Norwegian Ministry of Finance on August 30 that it "believes the ethical guidelines provide a basis for excluding a few more companies" to its divestment list, "in addition to those already excluded."

    Keep ReadingShow Less
    west bank
    norway
    DO NOT APPOINT ERNEST MONIZ

    Climate Coalition Pressures Biden to Reject 'Corporate Shill' Ernest Moniz as Energy Chief

    "Ernest Moniz's 'all of the above' energy policies might be good for his friends in the coal, oil and gas industries, but they're a death sentence for us and our planet."

    Jake Johnson
    Nov 24, 2020

    Amid reports that oil industry-friendly former Energy Secretary Ernest Moniz remains under consideration to return to his old post in the incoming Biden administration, a diverse coalition of environmental groups is mobilizing for an "all-out push" to keep Moniz away from the White House and demand a cabinet willing to boldly confront the corporations responsible for the climate emergency.

    On Tuesday night, climate campaigners projected onto the primary Department of Energy building messages urging President-elect Joe Biden to say "yes to a sustainable future" and no to Moniz, who currently serves on the board of the polluting utility giant Southern Company.

    Keep ReadingShow Less
    us department of energy

    The Plutocrats Are Winning. Don't Let Them!

    The vast inequality they are creating is a death sentence for government by consent of the people. This is the fight of our lives and how it ends is up to us.

    Bill Moyers
    Dec 22, 2015

    Dear Readers:

    In the fall of 2001, in the aftermath of 9/11, as families grieved and the nation mourned, Washington swarmed with locusts of the human kind: wartime opportunists, lobbyists, lawyers, ex-members of Congress, bagmen for big donors: all of them determined to grab what they could for their corporate clients and rich donors while no one was looking.

    Keep ReadingShow Less
    bill moyers
    plutocracy

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