Not all Billionaires are Created Equal
Maybe we should take a tip from France. The French government just introduced a new debt reduction package that includes a 3% income tax increase on people making more than $720,000 a year. But no one is screaming about class warfare in France today – that’s because it was the millionaires and billionaires themselves who asked for the tax increase. In an open letter – some of the wealthiest people in France wrote, “W
Why did the Virginia nuke plant, built on fault line, have its quake sensors removed?
The earths is still shaking along the east coast of the United States – after a 5.8 earthquake rocked the small town of Mineral, Virginia and reverberated through the nation’s capitol and several other states up and down the coast – from Georgia to New York. Today – schools and government building are closed in Washington, DC out of fear of after-shocks – and damage has been discovered at the National Cathedral and Washington Mo
Transnational corporations have a secret they don’t want you to know about
America’s biggest transnational corporations have a secret they don’t want you to know about. Arguing that they’ll create jobs in the United States if they just get massive tax breaks – many transnational corporations are refusing to release just how many jobs they have ALREADY created in the United States – and how many jobs they’ve created overseas - over fears that if the American people saw just how much outsourcing they’ve
The truth about tax cuts and outsourcing corporations don't want you to know...
“TARP” was just the tip of the iceberg in public funds going to the banksters
Homeowners in America are still screwed. As more records from the Federal Reserve go public – we’re learning that the 2008 bailout of Wall Street – known as “TARP” – was just the tip of the iceberg in public funds going to the banksters. In December of 2008 – the Fed secretly gave more than $1.2 trillion in virtually interest-free loans to big banks like Morgan Stanley – Citigroup – and Bank of America. That’s $1.2 t
Is the right-wing Club for Growth funding the Gang of 12?
In a few weeks – the Gang of 12 “Super Congress” will meet to figure out a way to cut $1.2 trillion out of the deficit. So to figure out who’s going to win and who’s going to lose in a potential deal – we should follow the money – and in that case it appears Wall Street will once again make out like bandits. Banksters have given more than $11 million in campaign contributions to members of the Gang of 12 – so we might as w
It’s time to slam shut the revolving door on Capitol Hill – and bolt it closed...
Who did House Oversight Committee Chairman – and richest man in Congress Darrell Issa - hire to spearhead his efforts to block government regulations on big banks like Goldman Sachs? None other than the Vice President of Goldman Sachs! In one of the most egregious cases of the revolving door on Capitol Hill – the former Vice President of Goldman Sachs – Peter Simonyi – left his job as a bankster – then changed his name to
Big tobacco is suing the FDA because they say - they're people!
Big tobacco is suing the FDA. Under new FDA regulations – by September of next year all cigarette packs must display graphic images showing the consequences of smoking. But now – the tobacco companies are pushing back – using the Mitt Romney argument that they’re people – and that these new regulations violate their First Amendment rights.
Rick Perry is wasting no time resorting to violent rhetoric
Rick Perry is wasting no time resorting to violent rhetoric in his campaign for President. While speaking to a crowd in Iowa – Perry weighed in on the Federal Reserve – and Chairman Ben Bernanke’s monetary policy saying, “If this guy prints more money between now and the election, I dunno what y’all would do to him in Iowa but we would treat him pretty ugly down in Texas.” Perry went on to say, “Printing more money t
Let’s listen to Warren Buffett
The billionaire – and one of the richest men on the planet – had some advice for lawmakers when it comes to taxes. In an article in today’s New York Times – Buffett argued for his own taxes to be raised – as well as others just like him. “While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet,” Buffett wrote, “we mega-rich continue to get our extraordinary tax break
Why not one question about the Republican plans to voucherize Medicare & turn Social Security over to Wall Street?
There was a Republican rumble in Iowa last night – as Fox so-called News hosted eight Republican candidates for their very own debate which featured not even one single question about the Republican plans to voucherize Medicare, turn Social Security over to Wall Street, and end all support to college students. The debate was filled with heated exchanges mostly about fluff – a fight between Michele Bachmann and Tim Pawlenty – and
79% of Americans are Dissatisfied with the U.S. Gov
A loss of faith. According to a new Washington Post poll – 79% of Americans are dissatisfied with the United States government. And only one out of four people ACTUALLY think our government can solve the nation’s economic problems. It appears the 30-year effort by Republicans of dragging the good name of government through the mud by running government poorly – is working.
Democracy Died First in Wisconsin – Long Live the Oligarchs
The Wisconsin recall election was the first major test of the new era in American politics. That new era began in January of 2010 when the US Supreme Court ruled in “Citizens United v. FEC” that the political voice of We The People was no longer as important as the voices of billionaires and transnational corporations.
Like Hosni Mubarak – These Bankster governments are now losing their consent to govern
First the Arab Spring - now the European Summer? Violent riots continued for the third straight day across London and a number of other British cities – leaving buildings ablaze – cars torched and turned over – and storefronts vandalized and looted. The riots began in Tottenham after police shot a man to death – but it quickly became clear that the unrest was less about police brutality – and more about Conservative auster