Pentagon Profiteers: Executive Compensation in the Arms Industry

Pentagon Profiteers: Executive Compensation in the Arms Industry

Another way to understand the size of CEO compensation at the big contractors is to look at how many jobs would be created if that $287 million were spent on something else. The answer is that spending that money on productive activities would create thousands of jobs: 2,812 jobs in clean energy or infrastructure; 4,104 jobs in health care; and 4,362 in education, calculated using data on the jobs impact of government spending generated by Heidi Peltier for the Brown Costs of War Project.

Congress’ Best Idea to Save Local Journalism Would Actually Hurt It + Some Temporary Good News

Congress’ Best Idea to Save Local Journalism Would Actually Hurt It

Meta reported $114.93 million in ad revenue in 2021, whereas Google reported $209 billion. But determining how much of that publishers should get is difficult—and the JCPA doesn’t even try. One version of the JCPA proposed platforms and publishers negotiate an agreed-to payment, and if they couldn’t come to a consensus, they’d enter forced-arbitration with no formula for what is fair. But whether the money would end up being vast or a modest bump to the bottom line, not every publication stands to benefit if the JCPA becomes law. While the JCPA’s alliances allow for partnerships, exclusionary elements of the JCPA would encourage big brands to unite selectively at the expense of smaller ones and shut out niche independent journalistic outlets altogether.

Related:

JCPA Update: The Dangerous Link Tax That Still Won’t Save Local Journalism

The original text of the JCPA already authorized print media companies to form one or several cartels and collectively bargain with the largest online platforms—defined in terms that single out Facebook and Google. Although the bill hinted at these news cartels being able to demand payment for merely linking to their content, or hosting snippets like the results you get from Google News, the mechanism by which they would be paid was left vague. However, the fact that the bill allowed news companies to withhold content strongly suggested a claim to some sort of property right, or ancillary copyright, that the targeted platforms would owe for hosting links and snippets.

Some Temporary Good News: None Of The Really Bad Internet Bills Seem To Have Made It Into The NDAA

This would also hurt independent media and bloggers (you would have to pay a ‘link tax’ to corporate media for linking to their articles—see below image)! So far, it hasn’t passed (it was attached to the NDAA) but there’s still the omnibus spending bill and the next session of Congress!

Source.

Feet on the Ground in St. Petersburg: The Public Mood

by Gilbert Doctorow

One of the first questions put to me by a reader via the Comments function with respect to Monday’s report of my initial impressions after arriving in St Petersburg was: and what is the general mood of people? I begged off answering, saying that I would have to speak to a lot more people before I could confidently answer that question.

Feet on the Ground in St. Petersburg: The Public Mood

Sanctions don’t seem to be effecting the wealthy or the middle class, in Russia, much.

War Industry Looking Forward to “Multiyear Authority” in Ukraine

Gen. Mark Milley, chair of the Joint Chiefs of Staff, recently offered some matter-of-fact observations about the immense human suffering and death caused by Russia’s invasion of Ukraine and placed the responsibility for ending the war squarely on Moscow’s shoulders. “There’s one guy that can stop it — and his name is Vladimir Putin,” Milley said. “He needs to stop it.”

But then Milley crossed what he most certainly never imagined to be a tripwire when he said, “And they need to get to the negotiating table.”

War Industry Looking Forward to “Multiyear Authority” in Ukraine

NATO in the Amazon: Petro Plays with Fire

By Roger D. Harris on October 26, 2022

NATO recently expanded to Sweden and Finland, has been de facto incorporated in Ukraine, and may extend to Georgia. Now, NATO’s entry into the Amazon is in the works under the aegis of newly elected President Gustavo Petro of Colombia.

NATO in the Amazon: Petro Plays with Fire

Related:

The US warns Petro of the danger of falling into the hands of China:

The Government of Colombia replies to Washington that if it wants to prevail over Beijing, it must finance the purchase of land from ranchers to distribute among the peasants

Quid pro quo?!