Posted on 24 October 2012. Tags: automation, Corporate Greed, David Leonhardt, Globalization, Trade, Unions
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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Posted in General Interest
Posted on 18 November 2011. Tags: Center for Economic and Policy Research, Corporate Greed, Globalization, Middle Class, Organizing, Technology, Unions
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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Posted in General Interest
Posted on 14 October 2011. Tags: Class Warfare, Congressional Research Service, Corporate Greed, Fairness, Millionaires Surcharge, Taxes
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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Posted in General Interest
Posted on 12 October 2011. Tags: Carl Levin, CEO Pay, Chamber of Commerce, Corporate Greed, George Miller, Jobs, Repatriation, Taxes
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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Posted in General Interest
Posted on 27 September 2011. Tags: Corporate Greed, Goldman Sachs, Good Jobs First, Greed, New York, Subsidies, Tax Breaks
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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Posted in General Interest
Posted on 25 June 2011. Tags: Charles Schumer, Corporate Greed, Democrats, Dumb Ideas, George Miller, Jobs, Off-Shore Tax Havens, Tax Holiday
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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Posted in General Interest
Posted on 02 June 2011. Tags: Corporate Greed, Corporate Profits, Depression, Employment, Job Party, 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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Posted in General Interest
Posted on 19 April 2011. Tags: Bank of America, Barack Obama, Bernie Sanders, Boein, Carnival, Chevron, Citigroup, ConocoPhillips, Corporate Greed, Debt, Deficit, ExxonMobil, General Electric, Goldman Sachs, Jeffrey Immelt, Profits, Taxes, Valero Energy
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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Posted in General Interest
Posted on 26 March 2011. Tags: Barack Obama, Citizens for Tax Justice, Corporate Greed, General Electric, Jeffrey Immelt, Profits, Repatriation, Taxes
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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Posted in General Interest
Posted on 03 February 2011. Tags: Bank of America, Banks, Corporate Greed, Financial Crisis, Goldman Sachs, Greed, Jobs, Leveraged Buyouts, Pay, Wall Street
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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Posted in General Interest