Category Archives: Corporations

Proof That Greed Kills.

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For some time, Americans have taken greed for granted. Many have believed that greed is an inevitable outgrowth of free market capitalism. Even following Mitt Romney’s speech about the 47 percenters and revelations of his offshore tax havens, many Americans said it didn’t matter.

But greed has real world consequences.

As the top one percent have gained more and more wealth, the other 99 percent have seen their incomes stagnate or diminish. As CEOs of multinational corporations have pushed for increased productivity and offshore manufacturing, working Americans have lost their jobs and their homes. Workers in the countries that claimed the jobs have been subjected to impossible hours and terrible working conditions.

Where will it end?

In the last few weeks, we’ve seen two deadly examples of the consequences. In West, Texas, a fertilizer company stored massive amounts of explosive ammonium nitrate in the middle of town. The company owners not only failed to notify the townspeople of the danger. They failed to notify Homeland Security that they had amassed 1,350 times the amount that is supposed to trigger investigations. As a result, many of the owners’ neighbors lost their lives. Many others lost their homes.

Halfway around the world, in Bangladesh, textile workers were packed into an unsafe building in order to cut production costs on clothing intended for retail stores in the United States. When the building inevitably collapsed, more than 1,100 people lost their lives.

Certainly, these events were the result of bad decisions made by unscrupulous people. But the real culprit was unfettered greed.

We need to understand that those who chase greater and greater wealth will not change unless forced to. We need to understand that safety regulations are a legitimate responsibility of government. We need to understand that many companies are bad citizens and neighbors. And we need to remember that an employer is not doing employees a favor by allowing them to work for him. All employees have a right to safe working conditions, respectful treatment, reasonable hours and a real living wage.

A Warning To Democrats:

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From recent polls showing, among other things, that 13% of Americans believe the president is actually the Antichrist, you may correctly assume that the Republican Party is full of a bunch of crackpots (aka the Tea Party). You may rightly believe that the GOP platform is akin to something coming out of the north end of a southbound bull. You may also believe that Americans will figure this out and hand the next election to Democrats.

On the last point, you are most likely wrong!

You assume that most Americans actually follow the news and politics. (They don’t.) You assume the media will expose Teapublican ideas for what they really are. (They won’t.) You assume that voters will realize the superiority of Democratic ideas. (Unlikely.) And you assume that minorities, most especially Latinos, will recognize that Democrats best represent their interests. (Not necessarily.)

Too many Democrats are content to allow Teapublicans to define the Democratic Party and Democratic principles.

We cannot sit back and expect independents, union members and minorities to turn the country blue. All across the country, the GOP is hard at work trying to rewrite voting laws to ensure control of the House and the Senate in 2014, and the White House in 2016.

Even though the Great Recession was caused by Republican infatuation with deregulation, and even though our slow economic recovery is the result of Teapublican abuse of the filibuster and a refusal to compromise, it’s all too likely that voters will hold the White House accountable.

Democrats need to be working to register voters, working to fight voter suppression, working to fight gerrymandering, and working to fight attempts to change the Electoral College. We need to refine our message to make it clear that Democrats support fiscal responsibility, real job growth and the interests of all working people. Also, it wouldn’t hurt for Democrats to make it abundantly clear that we better adhere to the actual teachings of Christ; to show compassion for the poor and powerless; to resist the temptation of greed; to resist the calls for war.

That’s not a religious message. That’s a philosophy that has been largely abandoned by those who claim to be followers. And it’s a philosophy that is appealing to the largest portion of our population.

Democrats also need to make it clear what GOP stands for – Guardians Of Privilege. The GOP supports ever larger tax cuts for the rich and obscene profits for multinational corporations, along with diminished salaries for working people. These GOPstoppers have shown that they are against civil rights, women’s rights and religious freedom. While decrying big government, they want to enforce their own brand of “values” in the bedroom and every other aspect of our society.

Democrats, we’re at a critical juncture. Even if you reject this message, you must understand that we are now in a perpetual campaign cycle. We can’t afford to wait.

Getting Re-Elected Versus Doing The Right Thing.

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You would think those two things would not be mutually exclusive. However, in today’s style of politics, our elected representatives seem to be more focused on the next election than on the problems in front of them.

Moderate Republicans (remember them?) are fearful of seeming to cooperate with the president and the opposition lest they be challenged by Tea Party candidates in their next primary. Moderate Democrats who represent conservative districts are fearful of seeming too liberal.

In these days of on-line petitions, no tax pledges, PACs, Super-PACs and year ’round fundraising, no legislative or congressional district is safe. One controversial vote can end a political career. Therein lies the problem.

Politics was never intended to be a career. It was intended to be public service!

If politicians weren’t thinking of making politics a career, they’d be more likely to vote their conscience. They would be less likely to pander to the wealthy and the powerful. They would be more concerned with their constituents’ interests than the interests of the oil lobby, the defense lobby, the pharmaceutical lobby, the insurance lobby, the medical lobby, etc.

They might even ignore the gun lobby in order to protect defenseless six-year-olds from madmen armed with the weapons of war.

It’s time to take the money out of politics. It’s time for public financing of elections. It’s time to place real limits on campaign contributions. It’s time to limit lobbyists. It’s time to eliminate Washington’s revolving door from government to lobbying and back. It’s time to recognize that, while corporations are owned by people, they most definitely are not people. It’s time for real ethics reform.

It’s time to end the endless campaigns.

West, Texas Disaster Highlights Our Regulatory Problems.

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Those on the political right are fond of saying that business is over-regulated by the federal government…even after the economic meltdown resulting from the lax regulation of financial institutions; even after skyrocketing oil prices caused by deregulation of commodities; even after the ecological disaster involving BP Oil and the Deepwater Horizon caused, in part, by a shortage of inspectors experienced in deep water drilling .

Not surprisingly, the facts show that we have far too few regulators to make sure that greedy corporations and individuals live up to their responsibilities.

There is an estimated $70 billion in Medicare fraud because Medicare lacks enough investigators to check the more than $525 billion claims annually.  There are only a handful of ATFE agents to inspect our more than 58,000 gun dealers.  And their were apparently too few EPA and OSHA inspectors to discover that the West, Texas fertilizer plant stored 270 tons of explosive ammonium nitrate…more than 1,350 times the 400 pounds that requires the facility to be monitored by the Department of Homeland Security.  The facility hadn’t been inspected in 28 years and had apparently filed false reports indicating no fire or explosive hazard.

Why the lack of inspections and regulators?  In some cases, there is confusion over which federal agency is responsible.  More often, it’s the result of Teapublicans cutting budgets and convincing the public that we are all over-taxed and over-regulated.  So greedy corporations continue to break the law in search of greater and greater profits.  Even when caught, they’re able to pay a relatively small fine and continue to skirt the law.

Yet most studies conclude that the money spent to hire inspectors is money well-spent. In many cases, we recover five to ten times the investment.

Of course, the impact on the environment and public safety is far more difficult to measure…unless you like to breathe clean air, drink clean water or avoid being incinerated by an unnecessary explosion.

“We Can’t Afford That Anymore.”

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We hear it all the time. There’s no money to improve our schools. There’s no money to rebuild our infrastructure. There’s no money to ensure that our citizens have access to food and medicine. There’s no money to care for the mentally ill and the homeless. There’s no money to give our veterans the care they deserve. There’s no money for pensions and retirement benefits.

The US is broke…at least that’s what Teapublicans want us to believe.

So what happened? How did we go from the richest, most powerful nation on Earth to a nation that can no longer afford the things that our citizens value most? For starters, our economic ills are the result of two costly wars, the unparalleled expansion of government immediately following 9/11, an expansion of Medicare drug benefits and the Great Recession that began as the result of unfettered gambling by the so-called “too big to fail” banks.

But none of those causes have been as devastating as runaway greed, the off-shoring of jobs and money (it’s estimated that wealthy Americans, including Mitt Romney, and US-based multinational corporations have stashed trillions in off-shore tax havens), subsidies for large corporations, and tax cuts intended to benefit the very wealthiest portion of our populace.

Following World War II, when we could afford to build things, our top individual tax rate was 91 percent for those making more than $200,000 per year. The capital gains tax was 25 percent. And the effective corporate tax rate was 50 percent.

Compare those rates with today’s: The top individual tax rate is now 39.6 percent for those making more than $400,000. The capital gains tax is 15 percent. And the effective corporate tax rate is 17 percent (that is, if large corporations pay any taxes at all). In fact, some large multinationals now have a negative tax rate!

See the problem?

For most working Americans, wages have stagnated over the past 40 years, while worker productivity has skyrocketed, along with incomes for the wealthy. Most Americans are working harder and earning proportionately less…if they’re lucky enough to have a job! And the only answer Congress (at least the Teapublican portion of Congress) has for these problems is to cut spending, to protect tax cuts for the wealthy, and to cut taxes for corporations.

Speaker Boehner, Minority Leader McConnell and the rest of the Teapublicans in office want to “starve the beast.” They consider investment and compromise dirty words. And they steadfastly refuse to agree to one more dollar of revenue.

To relate that to family finances as Teapublicans are so fond of doing: It’s as if parents, faced with growing credit card bills, decided to give up food for their children in order to cut their work hours!

Yes, we have to cut government waste and be efficient with our spending. But there isn’t enough fat in discretionary spending to eliminate the deficit and still meet the needs of our growing population. We already have seen that with the sequester cuts, and they’ve only just begun. If we want to reduce our nation’s debt without destroying our fragile economy, we must find new sources of revenue.

The GOP’s Continuing Attack On Voters, Workers, Women And The Constitution.

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Still stinging from its losses in the 2012 election, the Grand Old Party is becoming a Grand Old Pain In The Ass.  Not just for Democrats…for everyone.

While opposing a bill that would raise the minimum wage, the GOP is attacking labor unions across the nation and successfully ending defined benefit pension plans.  Now the GOP is pushing a bill that would loosen the rules for overtime, allowing corporations to overwork and underpay employees.

Famously, the Ryan budget, which was passed by the House, would drastically cut Medicaid, repeal Obamacare and turn Medicare into vouchers.

Although 94 percent of Americans want comprehensive background checks for anyone purchasing a firearm, Teapublican senators are threatening to filibuster any bill that would limit the sale of guns.

In states across the nation, the GOP is pushing a variety of voter suppression laws through state legislatures under the guise of preventing voter ID fraud, a problem that has been proven to be non-existent.   After gerrymandering districts to all but guarantee a Teapublican-controlled House far into the future, the GOP now senses a way to control presidential elections by changing the Electoral College.  The idea is to end the “winner-take-all” approach to electoral votes for states and, instead, award each electoral vote district-by-Teapublican-controlled-district.

If successful, this would almost certainly ensure an endless reign of GOP presidents.

In North Dakota, Arkansas and elsewhere, GOP legislatures are attempting to make abortion illegal. (Of course, the bills will not actually end abortion.  They’ll just drive it underground, making doctors and patients criminals.)  Under the guise of religious freedom, they also want to eliminate contraceptives from health insurance plans and block sex education in public schools.

In Arizona and numerous states of the Old South, a variety of so-called nullification bills have been introduced in the state legislatures.  If passed, these bills would ostensibly give the states power to ignore any federal law the GOP deems unconstitutional.  (Of course, this power is reserved for the Supreme Court and the bills are in direct defiance of the Constitution’s federal supremacy clause.)

Finally, a bill introduced by North Carolina Teapublicans will allow the GOP-controlled state legislature to name an official state religion in defiance of the Constitution’s establishment clause.

Does anyone else get the feeling that the GOP would be happier if our Constitution didn’t exist?

Apocalyptic Politics.

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Many Americans seem convinced that the Apocalypse is upon us.  Remember Y2K? Remember Nostradamus?  Remember the Mayan calendar?

There have been dead-enders around as long as I can remember.  Usually, they were part of some wacko religious cult that had bet its future on the book of Revelation.  But, in recent years, the dead-enders have become mainstream, especially after the election of our first president of African-American heritage.

Fueled by Teapublicans and the right-wing media, we are constantly told to be afraid…be very afraid.  Unless we do as they say and accept their ideology, we will suffer the consequences of a failed, bankrupt state and, quite likely, the wrath of God.  (You know, the God who personally created America by taking land from the natives and giving it to God-fearing Christians.)

All of this is disturbing enough.  But our media seem to have bought into these fear tactics in the same way they bought into the Bush administration’s lies leading up to the invasion of Iraq.

As a result, we’re exposed to Teapublican and Christian evangelical fear-mongering at nearly every turn.  Fire-and-brimstone pastors preach fear from the pulpit and tell their flocks that they will go to hell if they support Democrats.  Hate mongers such as Rush Limbaugh, Glenn Beck and Mark Levin spew apocalyptic nonsense daily.  And the gun manufacturers’ lobby, otherwise known as the National Rifle Association, tells you that your neighbors are out to get you and your government is coming to take your guns.

To make matters worse, mainstream cable channels offer studies in paranoia such as Doomsday Preppers.  Even the movie studios have gotten into the act with a never-ending series of disaster movies.  And, in the most egregious example, the History Channel recently produced a TV series on the Bible, casting an Obama look-alike as Satan!

The clear message is that we will all perish and go to hell unless we all become right-wing Christian Teapublicans who bow to multinational corporations, turn our backs on the poor, ignore the rights of women, show intolerance to minorities, and worship at the altar of intolerance and greed.

Now that would be a REAL apocalypse!

Let’s Create A New Tax System!

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The US is a patchwork of federal taxes, state taxes, sales taxes, property taxes, capital gains taxes, gasoline taxes, tobacco taxes, etc. In addition, there are a myriad of tax loopholes allowing billionaires to pay lower tax rates than the secretaries who work for them. Worse yet, some of the world’s largest corporations are able to avoid paying income taxes, despite billions in profits.

If all of that isn’t confusing enough, taxes in some states are higher than in others, leading to competition between states.

For decades, states have spent more time trying to coax companies from other states than helping their own entrepreneurs to create new companies. Low tax states such as Arizona and South Dakota try to lure away businesses (and jobs) from higher tax states like California and Minnesota where the businesses began and grew, likely because of tax incentives and other state-funded investments in those businesses.

This kind of nonsense has to stop!

Businesses are not created by low taxes.  They are created and nurtured in states which value education, innovation, technology, infrastructure, and quality of life.

If states like Arizona and South Dakota want more jobs for their citizens, let them invest in the things necessary to create them. Let’s stop the competition to see which state can cut taxes to the lowest possible rate at the sacrifice of everything else. Let’s level the playing field. Let’s eliminate the multiple layers of taxes. Let’s create a single, federal tax system in which each state charges the same tax based on income and cost of living. (I think we can all agree that a $250,000 salary in Wyoming goes a lot farther than the same salary in New York.) The money would then be parceled out by the federal government based on population and defined need.

This system would end the free ride for low tax states and encourage real development and innovation.

After all, why should Minnesota, Delaware, New York and New Jersey have to contribute far more taxes per person to the government than they get back? And why should states like Alabama, Arizona, Mississippi, New Mexico and Wyoming get more out of the federal government than they pay in? And why should companies be encouraged to uproot their offices, production facilities and personnel just because another state offers a slightly lower tax rate?

Think about it.

What The Frack?

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If you’ve followed fracking in the US (the process of releasing gas and oil from rock formations hundreds of feet underground through hydraulic fracturing), you’ve heard about the many nightmares.

Some people have had their wells so polluted, the water can be set on fire.  Others talk of bullying tactics by the oil drilling companies who take over their land. Still others talk about the large tanks containing a secret witches brew of toxic chemicals placed on their land and the pools of highly polluted waste water.

It’s very different in the United Kingdom.

In listening to a discussion about fracking in England, I learned that the British government is handling the procedure far differently.  Unlike the US, England demands that the chemicals pumped into the ground to release the gas and oil be made public.  (In most cases, they use just one chemical.)  England also demands that the waste water be placed in double-walled tanks and treated before it can be released back into the environment.

Why the difference?

Apparently the oil and gas industry doesn’t own Parliament the way it owns Congress.

If I Were King.

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Ever think about what you might do if you were named King (or Queen) of the US for a day? I realize this is a somewhat narcissistic exercise, nevertheless, here’s what I would do:

1 – Cut the defense budget in half and use the leftover money to rebuild our antiquated and decaying infrastructure

2 – End the war on drugs by decriminalizing the use of illicit drugs

3 – Empty the prisons of those incarcerated for drug use and petty drug sales

4 – Prosecute those who have ordered or participated in war crimes

5 – Prosecute the bank executives who crashed our economy by stealing trillions from ordinary citizens

6 – Prosecute those who have created off-shore bank accounts for tax evasion

7 – Limit the number of Congressional lobbyists and ban campaign contributions

8 – Institute public financing for electoral campaigns

9 – Implement a national holiday for elections with mandatory voting

10 – Institute a tax on financial transactions

11 – Index federal income tax rates based on cost of living for each taxpayer’s permanent address

12 – End sales taxes on everything except luxury items

13 – End tax exemptions for more than one home

14 – Restore the FCC Fairness Doctrine requiring electronic media to operate in the public interest and withholding licenses to those who knowingly tell lies

15 – Create a single-payer national healthcare system

16 – Strengthen Social Security by removing the income cap for FICA deductions and means test Social Security recipients to prevent millionaires from receiving it

17 – Reduce the influence of multinational corporations on our State Dept.

18 – Require 2 years of service for all US citizens

19 – Ban semi-automatic weapons, high-capacity clips and military-style ammunition and offer federal buy-backs of banned guns and ammo

20 – Require universal background checks for all gun purchases

21 – Proclaim equality for all and increase penalties for any form of discrimination

22 – End tax exemptions for church property, except that used to perform charitable services, such as education, medicine, services for the poor, etc.

23 – End all corporate welfare, especially for those corporations who export jobs or pollute our environment

24 – Ban elected officials from working for government contractors as employees or lobbyists for a minimum of 10 years

25 – Require that corporate offices of government contractors be located in the US

I’m sure I’ll think of more. Of course, our nation is as likely to implement these ideas as it is to make me King for a day. Thanks for allowing me to indulge in my fantasies.