Posts Tagged ‘corporations’
Posted in corruption, Economics, Economics, recession, income redistribution, the Rigged Game, Uncategorized, tagged corporations, government, reason, rule, smaller on Jam4000000amSun, 28 Apr 2013 07:33:30 +000013 10, 2010 | 2 Comments »
The Public Be Damned! Where the public stands of corporate tax reform and what Obama, the Democrats and the Republicans intend to do about it.
Posted in corruption, Economics, income redistribution, Uncategorized, wealth redistribution, tagged Big Oil, corporations, foreign, increase, Ponzi scheme, profits, stock, tax, Taxes, transaction on Jam4000000amSun, 21 Apr 2013 07:31:00 +000013 10, 2010 | 4 Comments »
As the chart below shows, the vast majority of American citizens want US corporations to pay more in taxes. They can since they’re getting record profits year after year. But is that ever going to happen outside of a major political revolution? Not likely.
Wall Street owns 80 percent of the Democratic Party, include the head honcho, President Barack Obama. Wall Street also owns the entire Republican Party, so it isn’t going to happen there.
A real increase in the amount of taxes corporations pay will reduce corporate earnings. This will lower share prices and maybe even negatively impact corporate bond prices. None of this is good for Wall Street and the 1 percent since share prices must go up and up. Otherwise, the entire Ponzi scheme known as Wall Street will collapse, as it did during the Great Depression.
Posted in corruption, Economics, income redistribution, Uncategorized, tagged corporations, income redistribution, jobs, Wall Street on Jam3000000amSun, 17 Mar 2013 07:34:12 +000013 10, 2010 | Leave a Comment »
Posted in corruption, income redistribution, the Rigged Game, Uncategorized, tagged Bill Clinton, corporate, corporations, fascism, iranian hostage crisis, Jimmy Carter, Ronald Reagan, United States on Jpm1000000pmTue, 01 Jan 2013 13:11:44 +000013 10, 2010 | 1 Comment »
Fascism began in America with the ascendency of President Ronald Reagan. A day after he was sworn into office, the Iranians released the embassy hostages, perhaps and or most likely because a deal had been made between the leaders of Iran and Republican officials to hold on to the hostages to ensure the defeat of President Jimmy Carter. This treason, if it occurred, was a massive move toward fascism. If it didn’t occur, it was a remarkable coincidence. On the other hand, congress made certain that any investigations into the arms for hostages crisis would not look into anything having to do with the case before 1983. That was another strange coincidence.
Reagan’s reign of error included his war against the middle class and the destruction of labor unions.
Fascism in the United States began with Reagan, but it wasn’t completely in charge of both major political parties until the second term, or maybe sometime during the first term, of President Bill Clinton.
One could argue that we do not have a fascist system of government, but then the only argument you could otherwise make is that we have a plutocracy, which is a government of the rich and for the rich. However, in the case of the United States, they’re one and the same. We have them both.
Posted in corruption, culture, Economics, income redistribution, labor unions, the Rigged Game, tagged cartoon, corporations, laws, rich people, Right to work, right to work for less on Jam12000000amThu, 20 Dec 2012 10:20:56 +000012 10, 2010 | Leave a Comment »
Posted in "John Hively", corruption, Economics, Economics, recession, income redistribution, Market manipulation, Mitt Romney, Recessions, wealth redistribution, tagged corporations, mitt romney, rebate, tax, Taxes on Jam8000000amThu, 09 Aug 2012 11:07:05 +000012 10, 2010 | Leave a Comment »
Mitt the Twit continues to refuse to release his taxes. Senator Harry Reid claims Mitt paid no taxes for ten years. That part is probably true. But what if it’s worse? What if, like many corporations, Mitt received tax rebates on taxes he never paid. In other words, what if Mitt received hundreds of thousands, and perhaps millions, of dollars in tax rebates? That would mean he paid a tax rate that wasn’t zero, but negative. What a special privilege! That’s probably what Wall Street Mitt is hiding. What a patriot! And I mean that sarcastically!
Now listen to this. Romney said that “corporations are people, my friend,” but in a recent interview with Bloomberg BusinessWeek, Mitt insisted that he wouldn’t release his taxes because he is not a business. He was the CEO and sole shareholder of Bain Capital, a publicly traded limited liability corporation. So yes according to Mitt’s definition, he was a corporation and a person. Mitt ya twit, ya can’t have it both ways! Come on! Come clean! Stop hiding the ten years of taxes that you never paid. Stop hiding the tax rebates you received!
Click below for more on the story.