Economic Injustice

On This Tax Day Remember, While You Paid Your Taxes For The Common Good, These Mega Corporations Betrayed The Nation By Paying Nothing

Smile, Suckers, As The Rich Get Richer. By Kathryn Kranhold The Center for Public Integrity (4/11/19) Taxpayers are scrambling to make last-minute payments due to the Internal Revenue Service in just four days, but many of the country’s largest publicly-held corporations are doing better: They’ve reported they owe absolutely nothing on the billions of dollars in profits they earned last year. At least 60 companies reported that their 2018 federal tax rates amounted to effectively zero, or even less than zero, on income earned on U.S. operations, according to an analysis released today by the Washington, D.C.-based think tank, the Institute…

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Goliath: How Monopolies Came To Be

  BBC (4/9/19) Political economist, academic and journalist Will Hutton traces the history of monopolies and public attitudes towards them. Coming at the subject with an open mind full of strongly held beliefs — some of which are in opposition to each other — he considers the great ironies and tensions at the heart of the modern monopoly. The last 200 years have been dominated by two schools of thought on how the economy functions. One, originating from Adam Smith, focuses on competition. The other, conscious of how Smith’s brand of liberalism leads to rapid concentration of wealth, takes its…


Wall Street LOVES Socialism … For Bankers – But Not For Ordinary Americans

JPMorgan CEO Jamie Dimon decries socialism. Unless of course it’s the banks wanting government bailouts! By Robert Reich The Guardian (4/8/19) In his annual letter to shareholders, distributed last week, JPMorgan Chase CEO Jamie Dimon took aim at socialism, warning it would be “a disaster for our country,” because it produces “stagnation, corruption and often worse.” Dimon should know. He was at the helm when JPMorgan received a $25bn socialist-like bailout in 2008, after it and other Wall Street banks almost tanked because of their reckless loans. Dimon subsequently agreed to pay the government $13bn to settle charges that the bank overstated the quality of mortgages…


CHRONIC INFECTION! New DCCC Chair Rep. Cheri Bustos Is The Best Pal Of Insurance Big Money

How health insurance cash creates misinformation on Medicare For All. [Editor’ Note: For godsake, don’t waste a tarnished penny on the DCCC. Find and support positive progressive candidates and groups, especially those taking on infected corporate dems like Rep. Cheri Bustos or, closer to home, Rep. Ron Kind, and, of course anyone running against republicans. — Mark L. Taylor] By Wendell Potter Tarbell (3/15/19) Here’s a headline you can bet my former colleagues in the health insurance business were thrilled to see last week: “DCCC chief: Medicare for All price tag ‘a little scary.’” That headline topped the lead story…


Anand Giridharadas: The College Bribery Scandal Is Just A Glimpse Of The Many Ways The Wealthy Rig Society To Their Benefit

When a scandal like this breaks, it’s really important for us to understand that we’ve gone from seeing 0 percent of a system to 0.003 percent of a system, right? There’s so much more here. This is a little biopsy of a world that we happen to get. Democracy Now! (3/15/19) As the fallout continues over the elite college admissions scandal that investigators nicknamed “Operation Varsity Blues,” we speak with journalist Anand Giridharadas, author of “Winners Take All: The Elite Charade of Changing the World.” His book examines how the so-called elite class of America have worked the system to…


The Big Cheat: Brutal Lesson For Children Of Middle & Working Classes

  By Leo Gerard OurFuture.org (3/14/19) The children of working stiffs learned a brutal lesson this week as federal prosecutors criminally charged rich people with buying admission to elite universities for their less-than-stellar children. The lesson is that no matter how hard you work, no matter how smart or talented you are, a dumb, lazy rich kid is going to beat you. It’s crucial that everyone who is not a wealthy movie star, hedge fund executive, or corporate CEO – that is, 99 percent of all Americans – see this college admissions scandal for what it really is: a microcosm…


Right At Home! The Ever Eternal Marie Antoinette Stages A Comeback On Capitol Hill

Antoinette toasts to Wilbur Ross at the House Oversight Committee hearing. “My fabulosity and philosophy are eternal!” By Marie Antoinette Inequality.org (3/14/19) She’s back — in all her out-of-touch glory. More than 225 years after losing her head to a guillotine, Marie Antoinette has made a grand re-entrance into the halls of power. With her reattached head holding up a frothy mound of white curls, she descended on Capitol Hill on March 14 to attend a House Oversight Committee hearing. The star witness: billionaire Commerce Secretary Wilbur Ross. Ross is just one of numerous Trump administration officials who’ve distinguished themselves with…



‘There Is No Meritocracy’ — College Admissions Scandal Exposes Systemic Rot Benefiting Freeloading Wealthy Progressives Say

A wake-up call for people who have fallen for the lie the wealthy earned what they have stolen from working families. By Eoin Higgins Common Dreams (3/13/19) The most far-reaching college admissions plot ever prosecuted, revealed on Tuesday by federal investigators, provides a window into how wealth and power operate in American society, progressives say. The scheme involved getting the children of wealthy people into the colleges of their dreams, often by manipulating sports scholarships, disability allowances on tests, and by inflating resumes. Per Democracy Now!, “50 people were arrested, including 13 college coaches, for taking part in a scheme where wealthy parents…


On The Death Of My Family’s Dairy Farm

The consolidation of dairy and the continual shrinking of profit margins have led to drastic changes to the industry over the years. By Abe Voelker abevolker.com (3/6/19) This Christmas, like every other, I traveled to northern Wisconsin to stay with my parents on the dairy farm I grew up on. As usual I took the opportunity to help my dad and younger brother with barn chores and milk cows. The cows need to be milked twice a day, every day, roughly around 4AM and 4PM. I didn’t help out every shift but I worked more than enough to once again be…


Tired Of Winning, Yet? Trump’s Trade War Cost U.S. More Than $3 Billion A Month, Economists Report

Companies in America purchasing imported products pay the tariffs, and most if not all of those costs are typically passed onto U.S. consumers who buy the products.  By Mary Papenfuss HuffPost (3/4/19) President Donald Trump’s trade war cost American businesses and consumers  $3 billion a month last year in higher prices, according to a study by top economists. The U.S. “experienced substantial increases in the prices of … goods, dramatic changes to its supply-chain network, reductions in availability of imported varieties, and complete pass-through of the tariffs into domestic prices of imported goods,” noted the study issued Saturday by economists from the…


Make No Mistake, Corporate ‘Third Way’ Dems Like Rep. Ron Kind Could Get Trump Re-elected in 2020

The New ‘Democracy’ PAC and other dem corporate-backed groups want us to learn all the wrong lessons from 2016. By Joel Bleifuss In These Times (2/25/19) In 1992, Bill Clinton was elected president with the help of the Democratic Leadership Council (DLC), the powerhouse of centrist Democrats of which he had been president. The DLC shut down in 2011, but this creature of the Third Way did not slither into the sunset. Rather, it shed its skin and emerged in 2017 as New Democracy,a political action committee. New Democracy is coiled to strike in 2020. Its advisory board includes declared presidential candidate…


A Dark Humored Word (Or Two) — Our Nation Brought To You By Billionaires

    “The revolution will not be sponsored.” By Anand Giridharadas (12/17/18) Gratitude is my task tonight. I’m here to thank our sponsors. Not of this show. I’m here to thank America’s sponsors. Because what was supposed to be a republic by, for, and of the people is increasingly a nation brought to you by billionaires. And when billionaires are in charge of our schools, our politics, our arts, our news, and our public conversation, it’s important to keep them happy by thanking them for ruling us. Link to 7-Minute Video ***** Anand Giridharadas — A letter To All Who Have Lost…


Interview Tucker Carlson Doesn’t Want You To See Shows ‘How Angry Elites Get’ When Their Corruption Is Called Out

Fox’s Tucker Carlson at his measured, reasoned, eloquent best. “You’re not part of the solution, Mr. Carlson, you’re part of the problem.” By Julia Conley Common Dreams (2/20/19) Weeks after footage of him slamming the rich at the World Economic Summit at Davos became one of the most watched online videos of the past year, Dutch historian Rutger Bregman joined Tucker Carlson for a discussion on the subject, only to have the right-wing Fox News host lose his cool in epic fashion when called out for being a “millionaire who works for billionaires,” yelled obscenities at his guest, and pulled the plug…


Mike McCabe: A Curtain Rarely Pulled Back On The Number One Political Issue Nobody Wants To Ask Politicians About

  It’s time to ask the question. By Mike McCabe Blue Jean Nation (2/13/19) While running for governor, I took part in close to 50 candidate forums leading up to Wisconsin’s August 2018 primary election. Some were sponsored by interest groups, others by the media or a party organization. Some focused on a single issue. Education. Economic development. Environmental protection. Criminal justice. Agriculture. Racial equality. Transportation. Energy policy. Other forums covered the waterfront, with questions on a variety of subjects. In all those forums combined, participating candidates were asked well over 200 questions.  Three were about money in politics. Never…


Rutger Bregman : ‘Utopia for Realists’ And The Convincing Case For A Universal Basic Income

  Amazon Review After working all day at jobs we often dislike, we buy things we don’t need. Rutger Bregman, a Dutch historian, reminds us it needn’t be this way-and in some places it isn’t. Rutger Bregman’s TED Talk about universal basic income seemed impossibly radical when he delivered it in 2014. His April 2017 talk continues to make the provocative case, detailing the idea’s 500-year history and even its brief success in a forgotten trial in Manitoba in the 1970s. Nearly a million views later, guaranteed basic income is being seriously considered by leading economists and government leaders the…


Alexandria Ocasio-Cortez Exposes Cynical Lobbyist Tricks

  The Young Turks (2/14/19) There’s nothing these people won’t do to influence politicians. Cenk Uygur, host of The Young Turks, breaks it down. Read more here: https://www.motherjones.com/politics/… “On Wednesday morning, Rep. Alexandria Ocasio-Cortez (D-N.Y.) tweeted a picture of a line of people outside a House committee hearing on marijuana banking.* According to Ocasio-Cortez, the people in the photo are homeless and were paid by lobbyists to hold their places in line. The practice of lobbyists paying people to stand in line for committee meetings is, according to previous reporting, a longtime practice in Washington, DC. In 2009, CNN wrote…


Trump & Republicans Provide Comfy Socialism For The Rich & Brutish Capitalism For The Rest Of Us

    By Robert Reich RoberReich.com (2/11/19) “America will never be a socialist country,” Donald Trump declared in his State of the Union address. Someone should alert Trump that America is now a hotbed of socialism. But it is socialism for the rich. Everyone else is treated to harsh capitalism. In the conservative mind, socialism means getting something for doing nothing. That pretty much describes the $21bn saved by the nation’s largest banks last year thanks to Trump’s tax cuts, some of which went into massive bonuses for bank executives. On the other hand, more than 4,000 lower-level bank employees got a…


Cry Me A River: While The Top 1% Cash In, Trump Voters Lose It Over Dramatic Hike In Taxes

“People are going to be very, very happy. They’re going to get tremendous, tremendous tax cuts and tax relief and that’s what this country needs.” — Donald Trump (12/2/17) The Young Turks (2/5/19) “Multiple supporters of President Donald Trump over the past couple of weeks have taken to Twitter to air their grievances about the president’s signature tax cut plan. Even though the 2017 GOP tax cut is leading to spiking federal deficits thanks to its generous benefits to corporations, many middle-class Americans are winding up having to pay more because the bill eliminated multiple deductions used by middle-class families…


Alexandria Ocasio-Cortez Exposes The Corruption Of DC In 5 Incredible Minutes

  By Mark L. Taylor The Commoner Call (2/11/19) And to think some people — some democrats even — have been saying AOC needs to shut up, sit down and learn from the wise  ‘experienced’ hands in congress. I mean WTH, she’s only 29, what does she know about how congress works? Well, she knows exactly how congress works and nailed those ‘experienced’ hands exposing the rigged game congress has become. And she did it in only 5 minutes of congressional hearings. It’s the old farts in congress — too any of them democrats — who need to shut up,…


Just 400 Individuals Now Own More Wealth Than Bottom 150 Million Americans

“Raising taxes on the wealthy isn’t just good policy. It’s also good politics.” By Jake Johnson Common Dreams (2/10/19) As survey data continues to show that raising taxes on the wealthy is extremely popular among the U.S. public, new research by inequality expert and University of California, Berkeley economist Gabriel Zucman found that the richest 0.00025 percent of the American population now owns more wealth than the 150 million adults in the bottom 60 percent. Zucman, who helped Sen. Elizabeth Warren (D-Mass.) develop her “Ultra-Millionaire Tax” proposal, observed in a working paper (pdf) that “U.S. wealth concentration seems to have returned to levels last seen…


Robert Reich: Grotesque Imbalance Is Undermining American Democracy

Let’s Be Clear Who The Real Enemy Is “Over the last four decades, the median wage has barely budged. But the incomes of the richest 0.1% have soared by more than 300% and the incomes of the top 0.001% (the 2,300 richest Americans), by more than 600%. The net worth of the wealthiest 0.1% of Americans almost equals that of the bottom 90% combined.”   — Robert Reich “State Of Disunion: Democrats Must Not Give In To Trump’s Hateful Speech” (2/4/19)  


Not ‘Left-Wing Fantasy’ But ‘Mainstream & Really Popular’: Poll Shows Enormous Public Support For Higher Taxes On Rich

Billionaire breakdown ***** “Raising taxes on the wealthy isn’t just good policy. It’s also good politics.” By Jake Jonson Common Dreams (2/4/19) Likely 2020 contenders and progressive members of Congress have proposed a variety of plans in recent days to make the rich pay more in taxes and begin reversing soaring inequality—from a wealth tax to a 70 percent top marginal rate to a higher estate taxon the richest families—and a survey published on Monday found that such ideas are extremely popular among the American public. According to a new Politico/Morning Consult poll, 76 percent of registered voters believe that the wealthiest Americans should pay more…


Joke’s On You, Suckers! Inside The Bizarre Bipartisan Pro-Corporate ‘Alfalfa’ Political Club

“The marriage of our law makers and corporate interest.” [Editor’s Note: This is both a Republican and Democratic corruption scene. The embodiment of all that is corrupt in American politics. Democrat John Kerry is the president of this rotten little cabal of thieves. Alfalfa Club? Talk about a bad seed! — Mark L. Taylor] The Young Turks (1/28/19) “It’s that time of year again: when the biggest of bigwigs don black tie garb and descend upon the Capital Hilton ballroom to bask in the collective glow of their stunning accomplishments — and consume lots of booze. It’s the 106th annual…


GOP Greed Has ‘No Limit’ — As Millions Go Without Health Care, McConnell Estate Tax Repeal Would Siphon Off Billions To Walton & Koch Families

  “This legislation is insulting to those millions of Americans who are struggling, it is harmful to the fabric of our democracy, and it is blatantly bad policy that is intended only to please ultra-wealthy Republican donors.” By Jake Johnson Common Dreams (1/29/19) Just over a year after the GOP rammed through its $1.5 trillion tax plan—which has predictably rewarded the ultra-rich while doing virtually nothing for workers—Senate Majority Leader Mitch McConnell (R-Ky.) and his Republican colleagues were condemned for pushing yet another “blatant giveaway to their wealthy donors” by introducing a bill on Monday that would permanently repeal the estate tax. “Greed has no…


Are Corporate Dems Quietly Sticking A Shiv In Medicare For All Behind Closed Doors?

Here’s A Simple Question To Ask Your Congress Critter: Why don’t ALL citizens have health care at least as good as that enjoyed by you members of congress and your families on our tax money? Really, next time you get a chance — be it a democrat or republican — ask them that question and let us know what they tell you. ***** Rep. Ron Kind studiously avoiding the issue of Medicare4All and HR 676 at the 2018 Third Congressional District Convention, despite the signs and bright red “Medicare 4 All” buttons dotting the convention all. He said not a…


At Cushy Oligarch Gala With Ex-Bush Official, Obama Brags Up Oil Production & Implores Wall Street To Thank Him For Making Them So Much Money

  By Ben Norton Gray Zone (11/30/19) Barack Obama urged bankers to thank him for helping make them so much money during his tenure as president. He also boasted of turning the US into the world’s largest oil producer, while surrounded by wealthy Republicans in tuxedos. Obama made these appeals for elite adulation at a lavish gala hosted by former Secretary of State James Baker. His comments came just a few hours after he met with former Republican President George H. W. Bush at his home in Texas. If there was any single event that captured Obama’s centrist, neoliberal capitalist…


SIN: 26 Billionaires Own as Much Wealth As The World’s Poorest 3.8 Billion People Combined

“Inequality is not inevitable, it’s a political choice.”  By Laura Paddison HuffPost (1/21/19) The gap between rich and poor is fracturing society, poisoning politics and fueling public anger, according to a new report from anti-poverty nonprofit Oxfam, which found that last year just 26 people owned the same amount of wealth as the poorest 3.8 billion people. This figure is down from 43 the year before. The Public Good or Private Wealth? report, published Sunday, found that the wealth of billionaires has increased by $900 billion in the last year, or $2.5 billion a day. This bonanza has not been felt by…


The Ruling Class Phoney Crusade To Save The World – Without Changing A Thing That Leads To Injustice

  By Anand Giridharadas The Guardian (1/22/19) A successful society is a progress machine. It takes in the raw material of innovations and produces broad human advancement. America’s machine is broken. The same could be said of others around the world. And now many of the people who broke the progress machine are trying to sell us their services as repairmen. When the fruits of change have fallen on the US in recent decades, the very fortunate have basketed almost all of them. For instance, the average pretax income of the top 10th of Americans has doubled since 1980, that of…


Trapping Students & Society In A System Of Debt & The Corporate ‘Discipline Culture’

“Students who acquire large debts putting themselves through school are unlikely to think about changing society. When you trap people in a system of debt, the can’t afford time to think. Tuition fee increases are a ‘disciplinary technique,’ and, by the time students graduate, they are not only loaded with debt, but have also internalized the “discipline culture. This makes them efficient components of the consumer economy.” — Quote from a 2011 news report in the Ottawa Citizen, which paraphrased statements Chomsky made during a lecture at Carleton University in Ottawa, Ontario, Canada. ***** The Crushing Burden Of Long-Term Student Debt…


A Sociologist Spent 8 Years Asking Rural Americans Why They’re So Pissed Off

    By Sean Illing Vox (6/30/18) Robert Wuthnow, a sociologist at Princeton University, spent eight years interviewing Americans in small towns across the country. He had one goal: to understand why rural America is so angry with Washington. Wuthnow’s work resulted in a new book, The Left Behind: Decline and Rage in Rural America. He argues that rural Americans are less concerned about economic issues and more concerned about Washington threatening the social fabric of small towns and causing a “moral decline” in the country as a whole. The problem, though, is that it’s never quite clear what that means or…


Humiliation, Homoeroticism, Sexism, Violence & Animal Cruelty: Inside The Frathouse Training Ground Of America’s Leaders

“Aggression and humiliation are the norms here, the one driving the other.” By Sean O’Hagan The Guardian (12/10/18) Last year in the US, four freshman students died as a direct result of hazing rituals during college fraternity initiation ceremonies. All the deaths occurred during or just after drinking bouts in which the victims consumed vast amounts of spirits in a short space of time while older students egged them on. One of the deceased, Maxwell Gruver, 19, a student at Louisiana State University, was found to have had a blood-alcohol level over .49 g/dl at the time of his death – just .31 is considered life-threatening….



Wealthy Hedge Fund Exec Jeffrey Epstein Sexually Abused Underage Girls And Got Off With A Light Sentence

  Morning Edition / NPR (12/2/18) Miami Herald reporter Julie Brown discusses her investigative report on hedge fund manager Jeffrey Epstein, who sexually abused dozens of teenage girls but served only 13 months in a county jail. Link to Story and 5+-Minute Audio ***** Bombshell Investigation Reveals How Trump’s Secretary Of Labor Helped Billionaire Jeffrey Epstein Hide His Many Sex Crimes By Travis Getty The Raw Story (11/28/18) President Donald Trump’s secretary of labor struck a highly unusual deal when he was Miami’s top federal prosecutor to go easy on the well-connected multimillionaire Jeffrey Epstein — and keep his sex crimes…


‘Corporate Greed At Its Worst’: After Reaping $514 Million From GOP Tax Scam & Billions In Public Subsidies, GM To Fire Nearly 15,000 Workers

  Sweet Deal! By Julia Conley Common Dreams (11/26/18) Tax justice and labor advocates were among those who expressed outrage Monday at the news that General Motors—one of the corporate giants that benefited immensely from the Republican tax plan last year—would cut 15 percent of its workforce, shuttering production facilities in three states as well as Canada to trim costs. The auto maker is closing five plants in Ohio, Michigan, Maryland, and Ontario, with plans to cut thousands of office jobs in January—slashing a total of 14,700 jobs. The move comes less than a year after the Republican Party pushed through its…


Deadly Disparity: Who Controls The World’s Wealth?

While 30,000 people a day die of starvation. Ralph Nader Radio Hour (11/24/18) Peter Philips, author of the recently published book “Giant: The Global Power Elite”, reveals the handful of people who control the world’s wealth and maintain the yawning and deadly disparity of opportunity and resources crippling billions around the globe. This important book has garnered no coverage or interviews in the mainstream press. — even public broadcasting. Please forward on to your contacts. Interview begins at the 40-minute mark. Link to Audio


Shameless Barack von Obamenburg, Herr Donald & Bipartisan Capitalist Hypocrisy: On How Fascism Happens

“One of the first things we must get rid of is the idea that democracy is tantamount to capitalism.”  — Eleanor Roosevelt By Paul Street CounterPunch (11/16/18) Caravan of Lies Never underestimate the disingenuousness of top U.S.-American politicos.   They truly have no shame. Notice how little the fascistic president Donald Trump has to say any more about the big bad Central American Caravan that was supposedly menacing the United States with a great criminal “invasion”? The U.S. military “heroes” sent down at great taxpayer expense to “defend our border” will be missing Thanksgiving with their families thanks to this fake…


Chris Hedges: Late Stage Capitalism Is Killing America

“We have to overthrow this system. We have to begin to think in revolutionary terms. These people have to go because we can’t afford to endure much more of their destruction; not only what they are doing to human beings but the ecocide they are carrying out.” Link to 35-Minute Video   ***** Chris Hedges On The Rise Of The Corporate Class & The Call To Resistance Link to 27-Minute Video ***** “The capitalist who does no useful work has the economic power to take from a thousand or ten thousand workingmen all they produce, over and above what is…


Crass Criminals, Chislers, Cheats & Scammers: The American Ruling Class Give Each Other Awards

George W. Bush Started An Immoral War And Is Receiving The Now Besmirched ‘Liberty Medal’ By Will Bunch Philly.com (11/8/18) At least the timing is exquisite. Former President George W. Bush and his wife, Laura, are coming to Philadelphia on Sunday night to receive the National Constitution Center’s much-ballyhooed Liberty Medal, which is supposed to be earmarked for leaders “who have strived to secure the blessings of liberty to people around the globe.” This Veterans Day also marks the 100th anniversary of the end of World War I — the massive and utterly pointless global conflagration that killed tens of millions and alienated an…


Modern Day Slavery Survivors: The High Price Of Bargain Prices

  It’s our addiction to cheap goods and services that is, indirectly, putting these men into slavery. Assignment / BBC (11/17/18) Modern slaves are all around us and many of them are men. They work in factories and private homes, unseen and unheard. Zita Adamson tells the stories of some of these men as they arrive at the UK’s first safe house for male victims of modern slavery. She spent a year recording at the safe house, talking to men like Mo who ran away from a refugee camp in Bangladesh, only to be trafficked to London as a domestic…