years.
Describing the proposed tax as a âsimple matter of fairness and fiscal sanity,â Senator Harkin elaborated, âWe need the new revenue generated by this tax in order to reduce deficits (after sequestration) and maintain critical investments in education, infrastructure, and job creation. . . . Wall Street (investors) can easily bear this modest tax.â
Because the tax is percentage-based, large transactions would be harder hit; most middle-class investors would see minimally increased charges. The tax would also help curb overzealous market speculation by discouraging the large-sum, short-term, risky trading that tends to put the economy in a fragile state.
This bill has been proposed in previous congressional sessions, yet it has been underreported in the corporate media, making it hard to gain public support.
France recently became the first country in Europe to pass such a tax. French finance minister Pierre Moscovici said the law marks âthe first step toward fiscal reform and a move toward justice.â Ten other European countries are discussing similar laws. For the US, the Harkin-DeFazio transaction tax would be a major step in civilizing speculative investment, stabilizing the economy, and reducing the national debt.
For sources and further analysis, see page 86 and the âPlutocracy, Poverty, and Prosperityâ News Cluster.
24. Widespread GMO Contamination: Did Monsanto Plant GMOs Before USDA Approval?
Monsanto introduced genetically modified alfalfa in 2003âa full two years before it was deregulated, according to recently released evidence. Global Research reported that a letter from Cal/West Seeds indicated that âevidence of contamination was withheld and the USDA turned a blind eye to proof of contamination,â thus allowing widespread GMO contamination of GMO-free crops. The Cal/West Seeds letter to the United States Department of Agriculture (USDA) stated they found the Roundup Ready gene in foundation production lots seeds in 2005: according to the letter, the GMO-contaminated foundation seed originated in 2003 from a field in Solano County, California. The letter stated, âCal/West Seeds had zero access to Roundup Ready seed at that time; therefore we assume the contamination originated from an external source.â
Alfalfa is a perennial plant that grows for more than two years and may not need to be replanted each year like annuals. As a perennial, it is exceptionally vulnerable to contamination. This genetically modified alfalfa could quickly spread to crops across the US, threatening the integrity of organic productsâincluding organic meat and dairy products, if those animals are fed alfalfa believed to be GMO-free, but are in fact carrying Monsantoâs patented genetically modified trait.
In 2010, the USDA released a Final Environmental Impact Statement that acknowledged awareness of the GMO alfalfa spreading its traits to non-GMO alfalfa as far back as 2003. Not only was the USDA aware of the scandal, but the agency also deregulated genetically modified alfalfa with full awareness of the environmental dangers and contamination concerns.
For sources and further analysis, see page 128 and the âHealth and the Environmentâ News Cluster.
25. Israel Gave Birth Control to Ethiopian Immigrants Without Their Consent
In January 2013, Israel acknowledged that medical authorities have been giving Ethiopian immigrants long-term birth-control injections, often without their knowledge or consent. The Israeli governmenthad previously denied the charges, which were first brought to light by investigative reporter Gal Gabbay in a December 8, 2012, broadcast of Israeli Educational Televisionâs news program, Vacuum. In January, the Israeli Health Ministryâs director-general, Ron Gamzu, ordered all gynecologists to stop administering the drugs.
Gabbay interviewed over thirty women from Ethiopia in an attempt to discover why birth