I’m certainly glad the election is finally over. While I have loved politics my entire life, this presidential election has gone on for over three years, including the GOP primaries, and I’ve had my fill of meaningless slogans and counter-slogans, lies and counter-lies. I had to quit watching political news the last few weeks, as I thought I would become physically sick if I watched any more establishment political “experts” give their required opinions and propaganda bites. [Read more…]
How the GOP presidential candidate and his private equity firm staged an epic wealth grab, destroyed jobs – and stuck others with the bill
The great criticism of Mitt Romney, from both sides of the aisle, has always been that he doesn’t stand for anything. He’s a flip-flopper, they say, a lightweight, a cardboard opportunist who’ll say anything to get elected.
The critics couldn’t be more wrong. [Read more…]
Democracy Now! with Amy Goodman and Juan Gonzales conducted this interview w/author Nicholas Shaxson, Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens, prior to tax day here in Uncle Sam’s US of A. Shaxson talks in detail about this hidden financial system stashing away trillions of trillions of corporate and personal wealth purposely evading their share of taxes. Great interview and very enlightening while explaining why the people of the world are carrying the load for basic services while that “rich” guy, well, just laughs all the way to the bank.
“An absolute gem that deserves to be read by anyone interested in the way contemporary globalization is undermining social justice. Give it to your sons, daughters, families, favorite legislators and anyone else needing stimulation of their thought buds. This masterpiece illuminates the dark places and shows the visible hand of governments, corporations, banks, accountants, lawyers and other pirates in creating fictitious offshore transactions and structures and picking our pockets. This financial engineering has enabled companies and the wealthy elites to dodge taxes. The result is poverty, erosion of social infrastructure and hard won welfare rights and higher taxes for ordinary people. Tax will be the decisive battleground of the twenty-first century as no democracy can function without it, or provide people with adequate educations, healthcare, security, housing, transport or pensions. Nicholas Shaxson has done a wonderful job in lifting the lid off the inbuilt corruption that has become so naturalized in the western world.”–Prem Sikka, Professor of Accounting, University of Essex, UK