Thom's blog
The Cancer-stage of Capitalism
Unregulated capitalism is cancer on our nation. Like tumors, greed has metastasized, strangling once-healthy parts of our economy, and our social safety net. A new piece on Alternet lists several ways this cancer capitalism has taken hold. For starters, the hoarding of wealth by the banksters and the 1% has diverted resources away from nutritional aid programs. Twenty people in our country collected a whopping $73 billion in investment income – all taxed at a lower rate than working Americans. Compare that with the fact that President Obama couldn't even get $1 billion to improve childhood nutrition in our schools.
And, while cancer capitalism has lead to higher-than-ever corporate profits, it hasn't translated into good jobs for college grads. Because of rising tuition costs, the average student graduates with $26,000 of student loan debt, and adding to that burden, high-unemployment allows the corporate elite to underpay workers, and hoard a larger share of profits.
In addition, tax-dodging corporations have drained much-needed revenue out of our society like a tumor choking off the blood supply to our economy. According to Alternet, tax exemptions and corporate loopholes drain nearly a trillion dollars from “the body of our society” every year.
And, the worst parasite of all is the unrestrained corporate purchase of our politicians. Cancer capitalism has left voters feeling weak and powerless, while Congress repeatedly represents only the will of the corporate elite. We must stop this cancer before it spreads into every last inch of our national body.
Just like conquering any type of cancer, we must attack this problem from all sides, from getting money out of politics, to regulating Wall Street, to breaking up the monopolies that have too much power over our government. We can do all this, and we must.
-Thom
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Tonight on The Big Picture on RT TV at 7pm and 9pm... Has the South started a new Civil War? (check your local listings for stations or stream at RT, and catch past shows on Youtube)
Have a question or comment for Thom? Grab your phone, hit record and send your video to YourTakeMyTake@gmail.com and we may air it on "The Big Picture."
Need to Know: Has the South started a new Civil War?- Neil McCabe, Guns & Patriots Newsletter
The Best of the Rest...
Skid Row is My Home- Gary Foster, "Lost Angels: Skid Row is My Home" - Danny Harris, "Lost Angels: Skid Row is My Home"
Daily Take: Who's murdering small business in America?
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Friday's Daily Stack
Quote: "Democracy arose from men's thinking that if they are equal in any respect, they are equal absolutely" -- Aristotle.
Hour One: If it's Friday, it's "Brunch With Bernie"... the honorable Senator Bernie Sanders (I-VT) joins Thom with all the news from our nation's capitol and as always he'll be spending the hour taking your calls and answering your questions too... Follow Bernie: campaign site.
Article: " Constitution of the United States", article 3 section 2. "... the supreme Court shall have appellate Jurisdiction, both as to Law and Fact, with such Exceptions, and under such Regulations as the Congress shall make..."
Article: " Letter to Samuel Kercheval" by Thomas Jefferson, June 12, 1816 " No other depositories of power [but the people themselves] have ever yet been found, which did not end in converting to their own profit the earnings of those committed to their charge".
Hour Two: "Anything Goes Friday!"
Hour Three: "Anything Goes Friday!"
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Monday on The Thom Hartmann Program, 3-6pm ET
Hour One: NRA convention...it's all about the kids- Alan Korwin, Gun Laws
Hour Two: Are you cynical?
Hour Three: Who is murdering small business?
And, the best of the rest of the news and your calls right here on...
The Thom Hartmann Program...your media support group for "we the people"...
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Tuesday on The Thom Hartmann Program, 3-6pm ET
Hour One: "Too Big to Fail"- Senator Sherrod Brown, U.S. Senator (D-OH)
Hour Two: Can states defy federal law?- Rob Pincus, I.C.E. Training
Hour Three: Does "slut-shaming" mark the return of the Christian Taliban?- Annie-Rose Strasser, Think Progress
And, the best of the rest of the news and your calls right here on...
The Thom Hartmann Program...your media support group for "we the people"...
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Thom's Poll
Do corporations control the Supreme Court?
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Watch & Listen to Thom
Conversations w/Great Minds - Lee Fang, The Machine: A Field Guide to the Resurgent Right P1
Conversations w/Great Minds - Lee Fang, The Machine: A Field Guide to the Resurgent Right P2
Rumble - How young is too young for Plan B?
Rumble - Has the NRA become the lobbying group for the militia?
Or watch the Full "Big Picture" Show...
Full Show 5/3/13: Biden Calls to End 'Taxation Without Representation' in D.C.
Tonight's "Big Picture Rumble" panel discusses April's positive job numbers, how Senators who voted against the background checks bill are hurting in the polls and if D.C. will ever become a state. In tonight's "Conversations with Great Minds" Thom talks with "The Nation's" Lee Fang, author of the new book "The Machine: A Field Guide to the Resurgent Right."
Thom Hartmann on the News: May 3, 2013
Help Send Jacob Dean to Netroots!
Caller: Let the Congress Telecommute
Caller: Can I Get a Refund From the NRA Crazies?
Caller: Take Away FDIC Insurance From Banks That Trade Derivatives?
Suicide: The Consequences of Reaganomics!
Brunch With Bernie: May 3, 2013
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Would you like to help give a child with a very troubled background this feeling of peace? Thom and Louise Hartmann founded the New England Salem Children's Village (NESCV) in New Hampshire in 1979. With states delaying payment for the children they entrust to the village, they need help with cash flow. Can you help? Now on Facebook.
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