Archive for June 1, 2012
Watch Mike Elk (yesterday), a reporter for In These Times, try to ask the CEO of Honeywell a question about a poison gas leak at the Capitol Hill Press Club. Notice how Honeywell goons tear the mic out of his hand. Notice how the suck-ass-corporate-media-whores shun him and stand with Honeywell. It’s amazing.
They’ve lost their way. The D.C. media, i.e., the people who are supposed to dig into what the powers that be are doing, stand with Honeywell and against Elk, and they treat Elk like a lepper:
When, oh when, will the people who bring us the news actually bring us the news?
Exactly. The “liberal media” doesn’t provide any context, as in FACTS. It’s just he-said-she-said.
Alternet has a new article up: 10 Billionaires’ Dirty Tricks to Rig the System.
Billionaires have done some unbelievable things to make more money and/or to keep every single cent they can. Take Larry Ellison, the co-founder of Oracle:
Software billionaire Larry Ellison is one of the richest men in America. By 2010, he had accumulated a net worth of $27 billion – enough to allow him to spend about $51 million a week or $303,000 an hour — without even digging into his principal. Nevertheless, in 2008, he contested the tax bill on his 23-acre California estate, and was awarded a $3 million refund, which had to be paid by school boards and municipalities. The Portola Valley School District in northern California repaid him some $250,000, the cost of hiring three or four new teachers. The refund was yet more pocket money for Ellison – enough to increase his spending that week from $303,000 to $321,000 per hour.
Aye yie yie. What an a**hole.
This news from Thom Hartmann is fantastic:
Speaking of getting active – it works! Occupy Buffalo protestors on Thursday convinced their city to end its business ties with JP Morgan Chase – and move $45 million out of the Wall Street giant and into a local bank – First Niagara Financial Group. As the Buffalo city comptroller said about the move: “Not only will the funds earn more interest with First Niagara, a major local employer headquartered in Buffalo, but it also sends a crystal-clear message to JPMorgan Chase that the City of Buffalo is not happy with their business practices.” One of the great successes of the Occupy movement since it began this year is convincing Americans, businesses, and entire cities to move hundreds of millions of dollars out of Wall Street banks and into local banks. Let’s keep it up.
Bravo to Occupy Buffalo. Good work people!
To the people who say corporate taxes are too high, I say it looks like they’re doing just fine, thank you very much, to me:
As Ted Kennedy once said, “WHEN DOES THE GREED END?”
Atrios pretty much sums up how I feel about the mess we’re in:
I’m not sure I’d want to be in charge of running the the world. Not sure I could handle the responsibility, because I’d care.
The people who run the world don’t.
Buzzfeed has posted what it says are “40 of the most powerful photos ever taken,” and oh man, they’re powerful alright.
Here are two of my favorites:
See the rest of them at the link above.
May employment numbers came out this morning:
Nonfarm payroll employment changed little in May (+69,000), and the unemployment rate was essentially unchanged at 8.2 percent, the U.S. Bureau of Labor Statistics reported today.
The civilian labor force participation rate increased in May by 0.2 percentage point to 63.8 percent, offsetting a decline of the same amount in April. The employment-population ratio edged up to 58.6 percent in May.
The change in total nonfarm payroll employment for March was revised from +154,000 to +143,000, and the change for April was revised from +115,000 to +77,000.
Hey, I have an idea. Let’s lay off a whole bunch of government workers. Maybe that’ll help.