Posted on 22 January 2013. Tags: Phil Mickelson, Sports, Taxes
When Phil Mickelson whined the other day that his taxes were too high, I tweeted “Mickelson whining abt paying higher taxes, w $47.8 million in earnings. Greedy bastard. How abt work a hard job?” Apparently, the heat was a bit too much for him from other quarters and so now he’s apologizing about speaking up. Bad move.
Read the full story
Posted in General Interest
Posted on 21 January 2013. Tags: Austerity, Global Employment, ILO
Austerity is wildly successful — if you understand that the only logical outcome of austerity is higher unemployment. Take a bow, austerity. You did it.
Read the full story
Posted in General Interest
Posted on 18 January 2013. Tags: Carl Levin, Financial Crisis, Greed, Lloyd Blankfein
Hey, no big deal — you run a company rife with conflicts of interest, you help crater the economy, costing millions of jobs and trillions of dollars in wealth…and you keep racking up more and more money. Life is good for Lloyd Blankfein.
Read the full story
Posted in General Interest
Posted on 17 January 2013. Tags: Jerry Brown, States, Taxes
With all the foolishness everyone seems to associate with the folks in Washington, D.C., don’t worry — coming to a state near you will be same lame-brained ideas that have caused a heap of damage for decades. You know the rap: lower taxes because, presto, that’s the magic potion for all that can be good. Oh, no.
Read the full story
Posted in General Interest
Posted on 16 January 2013. Tags: Jamie Dimon, JPMorgan Chase
Have I got a deal for you. You lose a few billion dollars at your job — but you keep your job and pocket $11.5 million. Is that a bargain or what? Of course, this is not the kind of deal for the little people. Nah.This is for the real screw-ups — the people who run the financial institutions who already destroyed an economy.
Read the full story
Posted in General Interest
Posted on 15 January 2013. Tags: Financial Crisis, Pensions
Every decade or so, we get a new “gap”. You remember the “missile gap”? Now, we have the “pension gap” — the difference between what sits in pensions funds and what is owed to retirees. But, who caused that gap?
Read the full story
Posted in General Interest
Posted on 14 January 2013. Tags: DHL, Tumtis
Somehow there is a bad seed out there in the air freight business. Way back in 2005, I wrote about the bad boys at FedEx. Now, DHL is at it–attacking its workers in Turkey.
Read the full story
Posted in General Interest
Posted on 11 January 2013. Tags: Chuck Hagel, Cory Booker, Politics
My bullshit radar is working overtime, triggered by two different dust-ups in the political world. I find myself feeling sympathetic to two people who I don’t particularly like or share much in the way of political philosophies.
Read the full story
Posted in General Interest
Posted on 10 January 2013. Tags: Citizens for Tax Justice, General Electric, Tax Extenders
Another day, another tidbit of info to shine the light on the awful tax bill passed (I guess we can call it Obama-McConnell?). Corporations are getting off, again, with big breaks that make no sense.
Read the full story
Posted in General Interest
Posted on 09 January 2013. Tags: Deficit Commission, Erskine Bowles, Fiscal Crisis, Fix The Debt
That the whole phony debt crisis has been driven by people with deep ties to business interests and the elite will not come as a surprise to people who read this blog — I’ve been pointing this out for a long time. It’s not a hidden secret — just one the transcribers of press releases (formerly known as “journalists”) don’t care to mention very often. So, today, there is an exception to the rule — with one glaring omission.
Read the full story
Posted in General Interest