News ArticlesExcerpts of Key News Articles in Major Media
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The National Security Agency has apparently been way ahead of Apple or Amazon. The agency has at its disposal voice recognition technology that it employs to identify terrorists, government spies, or anyone they choose — with just a phone call, according to a report by The Intercept. By using recorded audio, the NSA is able to create a "voiceprint," or a map of qualities that mark a voice as singular, and identify the person speaking. According to a classified memo ... the agency has employed this technology since at least 2006, with the document referencing technology "that identifies people by the sound of their voices." In fact, the NSA used such technology during Operation Iraqi Freedom, when analysts were able to verify audio thought to be of Saddam Hussein speaking. It suggests that national security operatives had access to high-level voice technology long before Amazon, Apple and Google's solutions became cultural touchstones. A "voiceprint" is "a dynamic computer model of the individual's vocal characteristics," the publication explained, created by an algorithm analyzing features like pitch and mouth shape. Then, using the NSA's formidable bank of recorded audio files, the agency is able to match the speaker to an identity. Identifying people through their voiceprints is a skill at which the "NSA reigns supreme," according to a leaked document from 2008. And, they're only getting better.
Note: As this BBC article from 1999 shows, mass surveillance systems with voice recognition capability have been in use for many years. For more along these lines, see concise summaries of deeply revealing news articles on intelligence agency corruption and the disappearance of privacy.
Two New York Times reporters learned in 2004 that the George W. Bush administration was secretly wiretapping Americans, and collecting their phone and email records. The reporters’ attempt to publish their findings were thwarted by the administration’s intense and successful lobbying of their editors. That effort ... had an unlikely ally: Rep. Jane Harman of Los Angeles, the senior Democrat on the House Intelligence Committee. Details of the far-reaching, legally unauthorized surveillance program remained secret until the Times published the article in late 2005. The newspaper’s interactions with administration officials, and Harman’s role, were described by former Times reporter James Risen this month in the Intercept, the investigative publication where he now works. The story on the program known as Stellar Wind was ready for publication before the November 2004 election, when Bush was on the ballot, but NSA Director Michael Hayden and other administration officials told Times editors, in phone calls and face-to-face meetings, that publication would damage national security and endanger lives, Risen said. He said the officials were joined in that effort by Harman, one of a handful of congressional leaders who had been briefed on the program and were enlisted by the White House to contact the Times. Members of Congress learned later that the NSA had not been seeking warrants from a secret court, as required by law, before wiretapping calls.
Note: James Risen is a courageous hero who shared two Pulitzer Prizes for his reporting around 9/11 and massive government surveillance. His recent article in The Intercept describes how a "marketplace of secrets in Washington" supports the US national security apparatus, and is used by corrupt government officials to manipulate the news.
She was driving in a park with two male friends when a pair of plainclothes New York City police detectives drove up in an unmarked van. The officers, from the Brooklyn South precinct ... arrested her, put her in the back of the van in handcuffs and ordered her friends not to follow. According to prosecutors, the detectives proceeded to force the 18-year-old woman to perform oral sex on one of them, who then raped her. The 50-count indictment also alleges that the officers, who are facing charges of rape, kidnapping and official misconduct, threatened her with criminal charges if she didn’t cooperate. This young woman’s experience ... is representative of national patterns of sexual violence by officers during traffic stops and handling of minor offenses, drug arrests and police interactions with teenagers. Research on “police sexual misconduct” ... overwhelmingly concludes that it is a systemic problem. A 2015 investigation ... concluded that an officer is accused of an act of sexual misconduct at least every five days. The vast majority of incidents ... involve motorists, young people in job-shadowing programs, students, victims of violence and informants. In more than 60 percent of the cases reviewed, an officer was convicted of a crime or faced other consequences. [Another] study, funded by the National Institute of Justice ... found that half of arrests for sexual misconduct were for incidents involving minors. Sexual misconduct is the second-most-frequently reported form of police misconduct, after excessive force.
Note: A yearlong Associated Press investigation found that the "broken system which lets problem officers jump from job to job" fosters and abets sexual abuse. For more along these lines, see concise summaries of deeply revealing police corruption news articles from reliable major media sources.
The Trump administration has waived part of the punishment for five megabanks whose affiliates were convicted and fined for manipulating global interest rates. One of the Trump administration waivers was granted to Deutsche Bank - which is owed at least $130 million by President Donald Trump ... and has also been fined for its role in a Russian money laundering scheme. The waivers were issued in a little-noticed announcement published in the Federal Register. Under laws designed to protect retirement savings, financial firms whose affiliates have been convicted of violating securities statutes are effectively barred from ... managing those savings. However, that punishment can be avoided if the firms manage to secure a special exemption from the U.S. Department of Labor. In late 2016, the Obama administration extended ... one-year waivers to five banks - Citigroup, JPMorgan, Barclays, UBS and Deutsche Bank. Late last month, the Trump administration issued new, longer waivers for those same banks. Leading up to the new waiver for Deustche Bank, Trump’s financial relationship with the firm has prompted allegations of a conflict of interest. In 2016, the Wall Street Journal reported Trump and his companies have received at least $2.5 billion in loans from Deutsche Bank and co-lenders. In 2015, Deutsche Bank pled guilty in the U.S. to wire fraud for its role in the [LIBOR] scandal. Less than two years later ... Deutsche Bank agreed to a $7.2 billion settlement with the Justice Department for misleading investors.
Note: The megabanks again get away with huge manipulations resulting in financial losses for many millions, yet hardly any media focuses on how these banks hardly get a slap on the wrist for their huge criminal offenses. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the financial industry.
2017 was probably the very best year in the long history of humanity. A smaller share of the world’s people were hungry, impoverished or illiterate than at any time before. A smaller proportion of children died than ever before. The proportion disfigured by leprosy, blinded by diseases like trachoma or suffering from other ailments also fell. We journalists focus on bad news - we cover planes that crash, not those that take off - but the backdrop of global progress may be the most important development in our lifetime. Every day, the number of people around the world living in extreme poverty (less than about $2 a day) goes down by 217,000, according to ... Max Roser, an Oxford University economist who runs a website called Our World in Data. Every day, 325,000 more people gain access to electricity. And 300,000 more gain access to clean drinking water. As recently as the 1960s, a majority of humans had always been illiterate and lived in extreme poverty. Now fewer than 15 percent are illiterate, and fewer than 10 percent live in extreme poverty. In another 15 years, illiteracy and extreme poverty will be mostly gone. After thousands of generations, they are pretty much disappearing on our watch. Steven Pinker, the Harvard psychology professor, explores the gains in a terrific book due out next month, “Enlightenment Now,” in which he recounts the progress across a broad array of metrics, from health to wars, the environment to happiness, equal rights to quality of life.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Next time you're watching a campaign rally for a politician, or a glitzy premiere, take a close look at the enthusiastic faces waving banners at the front. There is a good chance that some are paid performers. If they are, it is likely that one Adam Swart put them there. Los Angeles-based entrepreneur Swart has pioneered the 'supporter-for-hire' business. His start-up Crowds on Demand, launched in 2012, has established itself as a popular resource. The company repertoire has now expanded to cover product launches, PR stunts, and social justice movements. One popular side-line is using crowds to apply pressure to one side - or even both - of a corporate litigation dispute. Swart claims the business has "more than doubled" in size each year, and can now call on tens of thousands of performers to cover several events each day, in dozens of cities across the US. "When a clients spends $10,000 on a protest and wins a $20 million settlement, that's a clear return on investment," says the entrepreneur. The role of crowd members is carefully calibrated. Recruits are generally actors, who are expected be enthusiastic, but not so zealous as to risk arrest. Critically, they must look and sound authentic. "They almost always hold signs and chant, and sometimes talk to media on behalf of the event," says Swart. Employees also sign non-disclosure forms that protect the client's anonymity, to avoid the embarrassment of their paying for support coming to light.
Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.
Iceland is the first country to make it illegal to pay men more than women. Equal pay policies is now mandatory for companies with 25 or more employees. Those that cannot show that they provide equal pay will be subject to fines. The law, which was passed last year, went into effect on Jan. 1. Iceland is already a leader in gender parity. The World Economic Forum (WEF) ranked Iceland as the top country for gender quality for the last nine years based on criteria involving economics, education, health, and politics. For example, Icelandic women make up 48% of the country’s parliament - without a quota system. Despite this, wage inequality has persisted. In 2016, thousands of women in Iceland left work at 2:38 p.m., to protest pay disparity. The time was symbolic of when woman stop receiving pay during their 9 to 5 work day compared to men. The wage gap in Iceland was 72 cents to every man’s dollar. On International Women’s Day in 2017, the country moved to change that. The tiny country, pop. 323,000, aims to completely eliminate the wage gap by 2020.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Reform in policing is being blocked by members of the Freemasons, and their influence in the service is thwarting the progress of women and people from black and minority ethnic communities, the leader of rank-and-file officers has said. Steve White, who steps down on Monday after three years as chair of the Police Federation, told the Guardian he was concerned about the continued influence of Freemasons. White took charge with the government threatening to take over the federation if it did not reform after a string of scandals and controversies. One previous Metropolitan police commissioner, the late Sir Kenneth Newman, opposed the presence of Masons in the police. White would not name names, but did not deny that some key figures in local Police Federation branches were Masons. Masons in the police have been accused of covering up for fellow members and favouring them for promotion over more talented, non-Mason officers. White said: “Some female representatives were concerned about Freemason influence in the Fed. The culture is something that can either discourage or encourage people from the ethnic minorities or women from being part of an organisation.” The federation has passed new rules on how it runs itself, aimed at ending the fact that its key senior officials are all white, and predominantly male.
Note: In response to these accusations, the Freemasons placed a series of full page ads defending themselves in several of the UK's top newspapers, as reported in this BBC News article. For more along these lines, see concise summaries of deeply revealing news articles on police corruption and secret societies.
Prices for a cancer drug called lomustine have skyrocketed nearly 1,400 percent since 2013, putting a potentially life-saving treatment out of reach for patients suffering from brain tumors and Hodgkin's lymphoma. Though the 40-year-old medication is no longer protected by patents, no generic version is available. According to the Wall Street Journal, lomustine was sold by Bristol-Myers Squib for years under the brand name CeeNU at a price of about $50 a capsule for the highest dose. The drugmaker sold lomustine in 2013 to a little-known Miami startup called NextSource, which proceeded to hike lomustine's price nine times since. It now charges about $768 per pill for the medication. According to an analysis done for the Journal ... NextSource this year raised prices for the drug, which it rebranded as Gleostine, by 12 percent in November following a 20 percent increase in August. Soaring prices for cancer drugs are a concern for both patients and doctors because financial pressures can lead to delays in seeking treatment that can easily surpass six figures per year. A study published earlier this year in the Journal of Clinical Oncology found prices for 24 patented injectible Medicare Part B drugs rose an average of 18 percent annually over the past eight years on an inflation-adjusted basis. Prices continued to rise even when generic versions of the drug became available.
Note: For more along these lines, see concise summaries of deeply revealing Big Pharma profiteering news articles from reliable major media sources.
Germany has spent $200 billion over the past two decades to promote cleaner sources of electricity. That enormous investment is now having an unexpected impact - consumers are now actually paid to use power on occasion, as was the case over the weekend. Power prices plunged below zero for much of Sunday and the early hours of Christmas Day on ... a large European power trading exchange, the result of low demand, unseasonably warm weather and strong breezes that provided an abundance of wind power on the grid. Such “negative prices” are not the norm in Germany, but they are far from rare, thanks to the country’s effort to encourage investment in greener forms of power generation. Prices for electricity in Germany have dipped below zero ... more than 100 times this year alone. Several countries in Europe have experienced negative power prices, including Belgium, Britain, France, the Netherlands and Switzerland. But Germany’s forays into negative pricing are the most frequent. At times, Germany is able to export its surplus electricity to its neighbors, helping to balance the market. Still, its experiences of negative prices are often longer, and deeper, than they are in other countries. In one recent example, power prices spent 31 hours below zero during the last weekend of October. At one point, they dipped as low as minus €83, or minus $98, per megawatt-hour, a wholesale measure. Anyone who was able to hook up for a large blast of electricity at that time was paid €83 per unit for the trouble.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
There’s no more ubiquitous feature of modern life than smartphones. Convenience, necessity and plain fun make the devices a near requirement, but it all comes with a ... doubt: Is there a health risk to a device that’s become almost a human appendage? The California Department of Public Health [has published] guidelines that come close to suggesting that there’s uncertain harm. As people use the devices, more often and at an earlier age, health risks could eventually show up. A Kaiser Permanente study ... found a higher rate of miscarriage for those exposed to radiation emitted by cell phones, power lines and wireless networks. Health dangers indicated in other studies include brain tumors, lower sperm count and impacts on memory, learning and sleep. State health officials are flashing a yellow light. If people want to take steps to minimize risk, the agency has suggestions. On the list is parking a smartphone away from the bedside table at night, storing the device in a purse or backpack instead of a pocket during the day, and generally keeping the phone at a distance from the body. Ease back on phone use when the signal is weak. Such advice sounds easy to accept. But coming from a major state agency, the idea of preventive steps to decrease exposure is sending a message. There are hundreds of millions of phones in this country, and California’s top health experts aren’t convinced there’s no human risk.
Note: For more along these lines, see concise summaries of deeply revealing health news articles from reliable major media sources.
No food fit for human consumption will be wasted by Tesco's UK stores by the end of February, the retail giant says. Chief executive Dave Lewis told the Daily Telegraph food waste had been "talked about for years" as he unveiled the plans for all 2,654 stores. Urging other chains to follow suit, he said edible food should be used for people, not go to waste. Tesco, with all major UK supermarkets, has signed a commitment to cut food waste by one-fifth within a decade. The voluntary agreement is known as the Courtauld Commitment 2025. Mr Lewis ... said the contrast between the amount of wasted food in the UK and the situation in countries suffering food shortages was "really stark". He said: "Last year we sold 10 million tons [10.2 million tonnes] of food to the British public. But even if our waste is just 0.7% of the food, that's still 70,000 tons [71,100 tonnes] of food. Tesco says it cuts waste by selling surplus groceries with "reduced to clear" stickers and [by using] an app, FoodCloud, to scan and upload surplus food that stores have at the end of the day, which is shared with registered charities that collect the food. "That goes a long way in reducing charities' bill burdens, so they can spend the money on ... providing much more needed services," Mr Lewis said. "Food waste has been talked about for years but if Tesco can make this work, with all of our different stores across the country, then why can't everybody," he added.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Even after two terror attacks and a driver's deadly rampage through Times Square, New York City is on track to smash its modern-era low for homicides in a year. Through Dec. 17, the city of 8.5 million people, once America's murder capital, had recorded 278 killings. That puts it on pace to end this year with killings down 14 percent from last year, and well below the 333 in 2014, which was the year with the fewest homicides since the city began keeping accurate crime statistics. Those numbers mean a person's odds of getting killed by homicide in tightly packed, diverse New York City this year were about the same as they were last year in Wyoming, Montana and South Dakota. Crime has been dropping for many years in New York, but 2017 saw substantial drops even in places like Brooklyn's 75th Police Precinct, once among the nation's most violent places. There were 126 killings in the precinct in 1993. This year ... there have been 11. A move away from heavy-handed policing may have helped drive crime lower. Arrests are down about 7 percent this year. Chief of Patrol Terence Monahan said there were other tactical changes. The department ditched specialized units within precincts and made most officers general assignment. "We're not going to arrest our way out of the problems here," said Sgt. Timothy Cecchini on a recent patrol through the 75th Precinct. "But now, we are getting the space to think about how to do our jobs and really address issues for people and talk to them."
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
The science is still out on whether the long-term use of cell phones - which emit electromagnetic radiation when they send and receive signals from towers or WiFi devices - can affect human health. But for people who want to reduce their exposure to this type of energy, the California Department of Public Health has published new guidelines on how to do just that. The guidelines, issued last week, note that “some laboratory experiments and human health studies have suggested the possibility that long-term, high use of cell phones may be linked to certain types of cancer and other health effects.” These include brain cancer, tumors of the acoustic nerve and salivary glands, lower sperm count, headaches and effects on learning, memory, hearing, behavior and sleep. The guidelines recommend keeping phones away from the body when they’re not in use ... and sleeping with phones away from the bed. People can also reduce their exposure by limiting cell-phone use when the cellular signal is weak; when traveling in a high-speed car, bus or train; to stream audio or video; or to download or upload large files. All of these circumstances cause phones to put out higher-than-normal levels of RF energy. In 2011, the World Health Organization’s International Agency for Research on Cancer published a review stating that cell-phone radiation is “possibly carcinogenic.” And earlier this year, an Italian court ruled in favor of a plaintiff who argued that his brain tumor was the result of excessive work-related cell-phone use over a 15-year period.
Note: For more along these lines, see concise summaries of deeply revealing health news articles from reliable major media sources.
There has been an ongoing debate on whether cell phones can be dangerous for users, but the California Department of Public Health (CDPH) has taken a step forward with new guidelines that aim to decrease people’s exposure to devices. "Although the science is still evolving, there are concerns among some public health professionals and members of the public regarding long-term, high use exposure to the energy emitted by cell phones," CDPH Director Dr. Karen Smith said. "We know that simple steps, such as not keeping your phone in your pocket and moving it away from your bed at night, can help reduce exposure for both children and adults." The CDHP said the average age a child first gets his or her cell phone has dropped down to as young as age 10. "Children's brains develop through the teenage years and may be more affected by cell phone use," said Smith. "Parents should consider reducing the time their children use cell phones and encourage them to turn the devices off at night." Officials released the following tips on how to reduce exposure to radiation from mobile phones: Keeping the phone away from the body; Reducing cell phone use when the signal is weak; Reducing the use of cell phones to stream audio or video, or to download or upload large files; Keeping the phone away from the bed at night; Removing headsets when not on a call; Avoiding products that claim to block radio frequency energy. These products may actually increase your exposure.
Note: For more along these lines, see concise summaries of deeply revealing news articles on the risks and dangers of wireless technologies.
Just before leaving his Defense Department job two months ago, intelligence officer Luis Elizondo quietly arranged to secure the release of three of the most unusual videos in the Pentagon's secret vaults: raw footage from encounters between fighter jets and "anomalous aerial vehicles" - military jargon for UFOs. In interviews, he said his ultimate intention was to shed light on a little-known program Elizondo himself ran for seven years: a low-key Defense Department operation to collect and analyze reported UFO sightings. The existence of the program, known as the Advanced Aviation Threat Identification Program, was confirmed officially for the first time Saturday by a Pentagon spokesman. Spending for the program totaled at least $22 million. The funding officially ended in 2012. But officials familiar with the initiative say the collection effort continued as recently as last month. The program operated jointly out of the Pentagon and, at least for a time, an underground complex in Las Vegas managed by Bigelow Aerospace, a defense contractor that builds modules for space stations. It generated at least one report, a 490-page volume that describes alleged UFO sightings in the United States and numerous foreign countries over multiple decades. The first public revelations of the program came in a video conference aired in October by To the Stars Academy for Arts and Sciences, the firm Elizondo joined as a consultant after retiring from his Pentagon job.
Note: Elizondo is one of a several former government officials now employed by To the Stars Academy for Arts and Sciences, which claims it will "advance research into unexplained phenomena and develop related technology." Watch an excellent 8-minute video showing that something is fishy about this company. For more along these lines, see concise summaries of deeply revealing UFO news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our UFO Information Center.
A South Florida law professor, running to unseat Congresswoman Debbie Wasserman Schultz, is calling for a federal investigation into the destruction of all ballots cast in the August 2016 Democratic primary in Broward County. The challenger, Tim Canova, has made repeated public-records requests and filed a lawsuit seeking access to paper ballots cast in his unsuccessful race last year against the former Democratic National Committee chair in Florida’s 23rd congressional district. A statistical analysis of the primary conducted last year suggested the election results were “potentially implausible.” the Broward supervisor of elections, Brenda Snipes, has taken no action on requests ... to examine the ballots. Instead, Dr. Snipes has urged a judge to throw Canova’s lawsuit out. Despite the pending records requests and the ongoing litigation, Snipes ordered the ballots and other election documents destroyed. The lack of a paper trail verifying voter choices undercuts the ability to identify systemic election fraud and might make such fraud impossible to detect. The Aug. 30 Democratic primary in Broward was being closely watched across the country. A month earlier ... Wasserman Schultz was ousted as chairwoman of the DNC. She was removed over allegations that she and other party officials had rigged the Democratic presidential primary process to favor Hillary Clinton over Bernie Sanders. The pro-Clinton fix was first divulged in DNC emails ... released to the public in the months leading up to the election.
Note: For more along these lines, see concise summaries of deeply revealing elections corruption news articles from reliable major media sources.
The Trump administration is prohibiting officials at the nation’s top public health agency from using a list of seven words or phrases - including “fetus” and “transgender” - in official documents being prepared for next year’s budget. Policy analysts at the Centers for Disease Control and Prevention in Atlanta were told of the list of forbidden words at a meeting Thursday. The forbidden words are “vulnerable,” “entitlement,” “diversity,” “transgender,” “fetus,” “evidence-based” and “science-based.” The Department of Health and Human Services, which oversees the CDC, “will continue to use the best scientific evidence available to improve the health of all Americans,” HHS spokesman Matt Lloyd [said]. It’s likely that other parts of HHS are operating under the same guidelines regarding the use of these words. At the CDC, several offices have responsibility for work that uses some of these words. The National Center for HIV/AIDS, Viral Hepatitis, STD, and TB Prevention is working on ways to prevent HIV among transgender people and reduce health disparities. The CDC’s work on birth defects caused by the Zika virus includes research on the developing fetus. The ban is related to the budget and supporting materials that are to be given to the CDC’s partners and to Congress. The budget blueprint is generally shaped to reflect an administration’s priorities. The reaction of people in the meeting was “incredulous,” [a CDC] analyst said. “It was very much, ‘Are you serious? Are you kidding?’”
Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the scientific community.
Children are still being sexually assaulted in Australian institutions. That was the stark warning of an exhaustive five-year investigation by an Australia Royal Commission into institutional child sex abuse that concluded Thursday. Hon Justice Peter McClellan, who has headed the investigation, said the "nation thanks the survivors" who gave testimony about decades of systematic abuse and cover-ups in religious and state institutions such as churches, youth groups, care homes and schools. More than 8,000 people gave evidence in private sessions, and 2,559 referrals were made to authorities. "The sexual abuse of children is not just a problem from the past. Child sexual abuse in institutions continues today," said McClellan. "In some case studies into schools the alleged abuse was so recent that the children are still attending school." McClellan singled out the Roman Catholic Church in particular for often putting reputation above the safety of children in what they found to be decades of systematic sexual abuse. Earlier this year the commission released shocking statistics that 7% of Catholic priests, working between 1950 and 2009, have been accused of child sex crimes. In total, 4,444 alleged cases were recorded. Many cases are continuing to be heard through the courts as a result. Earlier this year 85 recommendations were made ahead of the final findings in a criminal justice report issued by the commission, including the fact priests should be charged for failing to report child sexual abuse spoken of in a confession box.
Note: Watch an excellent segment by Australia's "60-Minutes" team "Spies, Lords and Predators" on a pedophile ring in the UK which leads directly to the highest levels of government. A second suppressed documentary, "Conspiracy of Silence," goes even deeper into this topic in the US. For more, see concise summaries of deeply revealing sexual abuse scandal news articles from reliable major media sources.
Companies that enforce employee-centric and customer-centric cultures are likely to see better financial gains than their competitors, Just Capital's Dan Hesse told CNBC on Wednesday. "What we've seen from a financial performance point of view is that you have [a] higher return on equity of these companies that do good things," Hesse, the former CEO of Sprint, told "Mad Money" host Jim Cramer. Just Capital, a private, non-profit research firm, recently conducted a survey of 72,000 individuals across the United States. On Tuesday, Just Capital and Forbes released a ranking of the top 100 most "just" U.S. companies based on the results. Many leading technology companies landed high in the ranks, with Intel, Texas Instruments and Nvidia taking the top three spots. But one of the most sweeping commonalities was how consumers felt about tax reform, Hesse said. While investors might get excited about the potential for share buybacks and dividend increases if corporate tax reform is passed, consumers couldn't be less thrilled about it, Hesse said. "If there's one overall theme in the data, it's that they believe companies are focused too much on just shareholders versus all the other stakeholders," he told Cramer. "They'll say shareholders, yes, important, but your employees are No. 1 and your customers are No. 2," Hesse continued. "So are the communities, the environment, a lot of other stakeholders. So they will want to see companies take this money and invest in their employees and in some of these other areas."
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
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