Tag Archive | "Corruption"

Wal-Mart: “Aggressive and creative corrupter”. Duh.

Look, Wal-Mart has always been a scar on humanity. The list of the company’s immorality is extensive and well-documented. Now, we even have the traditional press giving the Beast of Bentonville a new moniker: “aggressive and creative corrupter”

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Is The Democratic Party For NRA Blood Money, Or For Children?

To make the point again, this is a very, very simple equation: eliminate the scourge of the NRA, drain the swamp of its blood money and you stop the murder of children. Period. And so the question that must be asked of at least the Democratic Party: what is the party going to do to destroy the NRA’s ability to keep advancing an agenda that promotes gun mayhem in the streets and the murder of children and other innocent people?

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Bank of America’s Execs Get $2 Billion Stay-Out-Of Jail Card

Hey, Bank of America shareholder, how does it feel to have the executives deceive investors (in other words, lie), escape any personal responsibility for the lies, cause huge losses and, then, stick YOU with a bill for over $2 BILLION? Well, probably not a great feeling but, screw you, you are just an investor, not a coddled, overpaid executive who just got handed a stay-out-of-jail card.

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Shining Some Light on Cockroaches

   This is good: Attorney General Eric T. Schneiderman of New York has begun investigating contributions to tax-exempt groups that are heavily involved in political campaigns, focusing on a case involving the U.S. Chamber of Commerce, which has been one of the largest outside groups seeking to influence recent elections but is not required to […]

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Why Lloyd Blankfein Loves Roger Clemens and John Edwards

   It would be an interesting exercise to add up all the dollars spent by the Justice Department prosecuting Roger Clemens and John Edwards–it’s got to be in eight figures easily–compared to the ZERO spent prosecuting Goldman Sachs CEO Lloyd Blankfein, or for that matter, a whole host of his co-horts.    I mention Blankfein, […]

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Burying The Lead

   This is one reason people do not understand how the economy really works–because transcribers of press releases (formerly known as "journalists") don’t do their jobs. A basic point of journalism is tell the reader, fairly soon, WHY something happened…well, if you read this story, you don’t get there until it’s way too late: Investors […]

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Wal-Mart Bribery Cover-Up: Why This Is Not News

    Gee, I’m shocked. Wal-Mart breaking the law, covering up bribes? What a new trend. Except it isn’t.    Look, obviously, it’s good that this is out:

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Wall Street, We Can Hold YOU Hostage

    In some ways, the worst phenomena in political and public life is the way in which we–the people–give over power to the financial and corporate elite partly because we internalize marketing phrases and economic nonsense beaten into our brains over 30 years by the brain-dead traditional media and a capitulation by the political leaders […]

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We’ve Been Robbed: CBO Makes It Official

   Well, we didn’t really have to wait for the Congressional Budget Office to tell us this: the rich got richer. But, the timing is good, what with Rick Perry trying his snake oil salesman pitch for a flat tax, which would make the robbery grow, and the continued growth of the Occupy The Country […]

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Wall Street Turning On Obama–Showing The World How Greedy They Truly Are

   It is always a good thing to start the morning with a strong cup of black coffee (no milk, no sugar, thank you) and a good, loud belly laugh. Absurdity is often the root of a good laugh. Exhibit #1 today: Wall Street is now unhappy with the president and some of those characters […]

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S&P Under Investigation: Lawbreaking Or Not, S&P Is Bankrupt

   Over the past few months, I’ve written a number of pieces about the ludicrous spectacle of anyone taking Standard and Poor’s and Moody’s seriously anymore. When S&P downgraded the U.S. rating, it underscored how entirely corrupt the system has become.     Joy and celebration: maybe S&P even broke the law.  The investigation is […]

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Verizon Corporate Free Loading and Political Corruption

   A little insight into the world of Verizon, the company attacking its workers not because it has to from a financial point of view but just because of greed. People need to make some connections. For example: Despite earning over $32.5 billion over the last 3 years, Verizon not only paid nothing in corporate […]

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Mr. President, When You Dine With Wall Street, Bring The Handcuffs

    It is a sad story to read, and a sad but powerful comment on who runs America. Rather than come to dinner with subpoenas and maybe even a few warrants for the arrest of the people who helped engineer the economic crisis we are still digging out of, the president is groveling–for campaign cash […]

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“The Untouchables” Strategy: How To Fix The Economy

Every day, I get a new email from some group about a new 55-page proposal to fix the economy, or I see some expert propose a sure-fired way to get us "back" to a go-go world of "positive growth". There’s value in a whole lot of some of those ideas. But, my can’t-lose strategy boils […]

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Scalia et al Make Up Corporate Constitutional Rights

   It is has been pointed out by others that when the Republicans chose to organize the reading of the Constitution on the House floor, they conveniently left out parts they didn’t like. But, they have intellectual–and I use "intellectual" loosely–support for this from Justice Scalia and his wing of convenient Constitutionalists who choose to […]

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The Censure of Rangel–TV Talk

   Last night, I appeared on Capital Tonight with Liz Benjamin to speak about the censure vote of Charlie Rangel.  

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