Archive for CORPORADOES

The Problem of Wealth: Why Only the Rich Should be Taxed

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TaxThe1PrctBy Kristine Mattis.

[1,000 people make a human sign. Photos courtesy: ©2011 John Montgomery]

As our country and the world face the unprecedented scourge of global climate change, the constant toxification of our air and water, and ever-increasing social and economic inequities, the few means to combat these problems exist in the form of government regulations and interventions, funded by taxes. Though the richest among us may be touted as beneficent “job creators” by ideologues and the obsequious mass media who revere them, the rich, in fact, are actually the major source of the harms and evils facing our society. Their vast industrial and corporate enterprises directly and indirectly contribute to the majority of all fossil fuel emissions, toxic pollution, worker exploitation, and income inequality. Contrary to popular opinion, the rich do not gain their wealth because they work harder or possess more skills and intellect than the rest of us; they amass profligate fortunes because they are more selfish, narcissistic, and sociopathic than others. They are rich for a specific reason. Where you or I would freely give of ourselves to help others and eschew extravagant excess, the goal of the rich is money-making, so everything they do is toward that end. Psychological studies have demonstrated that wealthy people are less altruistic than poorer people, which is precisely why they are wealthy. In this era where the United States faces the greatest income disparity in the nation’s history, on top of unprecedented environmental and ecological catastrophes, it is imperative that those responsible for causing these calamities pay for them rather than benefit from them.

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Making Money the Measure of Politics

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JohnrRobertsBy Lawrence Davidson. Originally published at Consortium News.

[Chief Justice John Roberts.]

On April 2, the U.S. Supreme took another step toward the destruction of campaign finance reform with a five-to-four decision known as McCutcheon v. Federal Elections Commission.

One gets the feeling that this is part of a general campaign, waged by class-biased, ideologically committed conservatives, against government regulation, which they see as somehow a violation of their constitutional rights. As if to suggest that this is so, the Court majority rationalized its decision in the name of “free speech.”

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Eight Headlines the Mainstream Media Doesn’t Have the Courage to Print

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BigNewsBy Paul Buchheit. Republished from CommonDreams.

The following are all relevant, fact-based issues, the “hard news” stories that the media has a responsibility to report. But the business-oriented press generally avoids them.

1. U.S. Wealth Up $34 Trillion Since Recession. 93% of You Got Almost None of It.

That’s an average of $100,000 for every American. But the people who already own most of the stocks took almost all of it. For them, the average gain was well over a million dollars — tax-free as long as they don’t cash it in. Details available here.

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Meet Obama’s New HHS Chief

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SylviaMathewsBurwellObamaBy Stephen Lendman, Contributing Editor Cyrano’s Journal Today.

She’s like the old Health and Human Services chief. She’s Sylvia Mathews Burwell. More on her below.

Kathleen Sebelius is out. She said she resigned. Maybe she was pushed. Obamacare claimed its latest victim. She served as chief architect. She presided over its disastrous rollout.

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White Collar, Blue Collar: There is a difference

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WorkersFlickrBy Chris Mauken. Originally published at Finnish Perspective.

The game is rigged and nobody seems to notice. Nobody seems to care! Good honest hard-working people; white collar, blue collar it doesn’t matter what color shirt you have on. - George Carlin

Well George this is NOT entirely correct. It does make a difference and a fairly big one. The difference is cultural. The George Carlin clip this is from – George Carlin on the American Dream - which Elliott used as a diary the other day, got me thinking of the difference — view and thinking.

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Will ‘Too-Big-to-Fail’ Banks Fail Again?

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GeithnerObamaBy Danny Schechter. Republished from Consortium News.

[Timothy Geithner (left), then Treasury Secretary, meeting with President Barack Obama in the Oval Office. (White House photo)]

Okay, I have to admit it, I feel as if my faith in economic justice is being tested with these “stress tests.” Truth is, I am becoming more stressed than ever.

The reason: despite all the “regulations” in the Dodd-Frank Financial “reform” and the Volcker Rule and the Fed’s “oversight,” the banks seems to have free reign to do what they will despite the financial crisis and the pathetic “recovery.”

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The US-EU Trans-Atlantic Free Trade Agreement (TAFTA). Devastating Social and Environmental Consequences

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GMOPoisonBy Colin Todhunter from the Centre for Global Research.

The Transatlantic Free Trade Agreement (TAFTA) between the US and EU aims to ‘protect’ investment and remove ‘unnecessary regulatory barriers’. Corporate interests are driving the agenda, the public have been sidelined and unaccountable, pro-free-trade bureaucrats are facilitating the strategy (1). 

There is growing concern that the negotiations could result in the opening of the floodgates for GMOs and shale gas (fracking) in Europe, the threatening of digital and labour rights and the empowering of corporations to legally challenge a wide range of regulations which they dislike.

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