Tag Archive | "Corporate Greed"

The President’s Tax Gift To Corporations Is Just Class Warfare Redux

With one hand, he giveth a few dollars to the people, and with the other hand, he showers huge corporations with a tax gift that is astounding in its…audacity? That’s how I suggest you can look at the president’s executive order to pay more workers overtime (a good thing) versus his budget proposal to…pay attention now..CUT corporate tax rates.

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NOT BREAKING: Corporations “Pay Little or No Federal Income Taxes”

It’s new data but not a new revelation because this bit of news is nothing we haven’t already become accustomed to. Corporations are robbing the country, robbing because corporations pocket profits made possible from all the investments in human and physical capital made thanks to taxes regular people pay but the same corporations do squat when it comes to paying a fair share.

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Corporate Greed Working Overtime To Find New Scam

If you are some corporate lawyer or finance guy who is looking to get ahead, the surest way to move up the food chain is to find a way to fleece the American taxpayer. Drumroll, please. The newest one is: corporate mergers to shift taxes overseas.

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How Goldman Sachs Closes Libraries, Attacks Seniors and You

Goldman Sachs is one of the great predators in modern day society. I’m still waiting for the day when Goldman’s top executives face criminal indictments over the financial crisis scam — and I suspect I will keep waiting since the Obama Administration shows no inclination to go over the big bankers and Wall Street people who finance modern-day campaigns. But, as a side scam, Goldman is fleecing every taxpayer in America — and helping close schools and destroy the social safety net.

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Facebook Really Does “Like” You…As It Fleeces You, The Taxpayer

A big smooch to you from Facebook, oh unsuspecting citizen. No, it’s not a new wrinkle that will drive you mad on your profile page. It’s the usual: Facebook just “likes” you to pieces for your personal generosity. Your Facebook tax giveaway generosity.

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Faux Toughness

It’s a tad better but still I remain unimpressed by the UBS felony conviction. Because the big fish are still not in jail.

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The Fear Of Speaking Truth

Where do you start to comment when you read a piece that is, at best, deeply spineless, and, at worse, completely clueless? We cease to be surprised by the relentless foolishness on the part of the transcribers of press releases (formerly called “journalists”). But, though I am not surprised, I can’t let these things go. In this case, it’s a dumb piece called, “Standard of Living Is in the Shadows as Election Issue”.

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Politics Kill Unions, Not Globalization or Technology

    It won’t be long before you hear–because it’s part of the framing of Democrats and Republicans alike, and traditional media "analysts" who haven’t a clue what they are taking about when it comes to economics–that unions are in trouble because of the "new economy" (which means, to some people, the industrial base is […]

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Republican Fantasy Economics…Ooopppsss, FACTS Show Tax On Rich WON’T Hurt Job Creation. Duh

   Oh, those poor "job creators"…they just can’t get any respect–except from Republicans, and too many Democrats, who run around undercutting jobs programs because of some phony idea that taxing the wealthiest Americans will hurt jobs. Oooopppsss…nope… Embedded in the report out from the Congressional Research Service–which annoyingly doesn’t post reports publicly–which tell us this: […]

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Corporate Tax Holiday Is A Scam–Sen. Levin Nails It

That CEOs of American-based, flagless corporations will say, or do, anything to make a buck–and line their own pockets–is not a surprising notion. That our political leadership keeps buying the nonsense spewed out by the Chamber of Commerce and the other megaphones of corporate greed is a tragedy–an obvious result of the corrupt campaign finance […]

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A Civil War: We’re Eating Each Other For The Crumbs

   In a crisis, it’s a tough thing to watch people scramble to survive. And those that already have a lot usually are in the driver’s seat, ready to pit one person against the other. The same is true for states–ever desperate to try to get a few jobs for its citizens (and, need I […]

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Chuck Schumer Flip-Flop=Billions of Dollars In Corporate Welfare

This is just silly–but, unfortunately, not entirely surprising. Chuck Schumer has grabbed on to the idiotic idea of rewarding corporate America for tax dodging and stashing billions of dollars overseas. And the senior Senator is doing a huge flip-flop–one that is bad for the country. We’re talking about one of the worst ideas ever thought […]

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Corp America DROWNING in Cash: Just Not Interested in Giving People Jobs

    The bad news will keep pulverizing your grey cells: housing prices sliding, stock markets weak, bond yields in the toilet, the dollar down (which I actually have argued is a good thing)…     But, do not make the mistake of thinking that means that companies are lacking for money. Nope. Times are […]

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Corp Tax Cheats 2011–Drumroll, Please

   I’m about to dash off to a protest at the main postal office here in Manhattan for a Tax Day demonstration sponsored by US Uncut, the NY chapter of the Coffee Party and assorted other malcontents like me. In that spirit, I thought it worth leaving us with this list of the corporate tax […]

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The Corporate Piggy Bank=The U.S. Treasury and YOUR Money (W Video)

   Every CEO running a big multi-national company in America knows that, when times are tough, they have one sure way to save a lot of money and a place to go for cash: the U.S. Treasury. This is nothing new. But, today, we have two flashing red lights about how your money is being […]

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Wall Street Pay “Vaults To Record Altitude”

Sometimes, I wonder whether we all live in a grand farce. But, actually, it’s a real-life story about a robbery of the people that continues every day–and today is no different. The robbers grow richer.   From The Wall Street Journal a story headlined: "On Street, Pay Vaults to Record Altitude": When it comes to […]

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