Our corporations give our jobs to other countries, then hide the money they make by doing it so that they don't have to pay taxes. They are taking America down.
Showing posts with label corporations. Show all posts
Showing posts with label corporations. Show all posts
Friday, May 24, 2013
Wednesday, May 22, 2013
Where the federal money goes
What intrigues me is how Republicans have convinced so many poor/lower income people that poor people are the problem. Self-loathing?
Wednesday, April 03, 2013
Learning to hate the corruption
This nation was founded on the principles of freedom and equality of opportunity. It was about the people. But the focus has changed - the money-worshipping wealthy have taken charge and they are doing everything they can to diminish the role of the people, to get you to believe that if only the big corporations can have their way on every issue that the world will be perfect. But they are wrong - dead wrong - corporations were built by people in order to serve people - we were not put on this earth to serve big business.
From the Washington Post.
From the Washington Post.
The corporate 'predator state'
By Katrina vanden Heuvel, Published: March 26
Bipartisan agreement in Washington usually means citizens should hold on to their wallets or get ready for another threat to peace. In today's politics, the bipartisan center usually applauds when entrenched interests and big money speak. Beneath all the partisan bickering, bipartisan majorities are solid for a trade policy run by and for multinationals, a health-care system serving insurance and drug companies, an energy policy for Big Oil and King Coal, and finance favoring banks that are too big to fail.
Economist James Galbraith calls this the "predator state," one in which large corporate interests rig the rules to protect their subsidies, tax dodges and monopolies. This isn't the free market; it's a rigged market.
Wall Street is a classic example. The attorney general announces that some banks are too big to prosecute. Despite what the FBI called an "epidemic of fraud," not one head of a big bank has gone to jail or paid a major personal fine. Bloomberg News estimated that the subsidy they are provided by being too big to fail adds up to an estimated $83 billion a year.
Corporate welfare is, of course, offensive to progressives. The Nation and other media expose the endless outrages - drug companies getting Congress to ban Medicare negotiating bulk discounts on prices, Big Oil protecting billions in subsidies, multinationals hoarding a couple of trillion dollars abroad to avoid paying taxes, and much more.
Monday, March 18, 2013
Corporations - not your best friends
Not only do they want you to work for low wages and few benefits - they want complete control over you. They want to own you.
Sunday, March 17, 2013
Just mnore examples of the corporate world abusing workers to increase profits. There are damn few of these bastards you can trust. We need more laws requiring accountability and more people on the job checking on them. You can't trust them for even one minute
From Daily Kos
Student guest workers walk off the job at McDonald's to protest abuses
from Daily Kos by rss@dailykos.com (Laura Clawson)
Student guest workers on the J-1 cultural exchange visa program walked out of their jobs at Pennsylvania McDonald's restaurants Wednesday morning, citing abuses of the same kinds that caused a walkout from a Hershey's supplier in summer 2011. As a result of that strike, the State Department investigated the program and strengthened protections somewhat, but not enough, according to analysts at the time and as demonstrated by the fact that once again student guest workers are coming forward with allegations of wage and hour abuses and having unreasonable rents deducted from their paychecks for basement rooms shared by several people.
Sean Kitchen reports that, at a recent meeting in Harrisburg, some of the student workers described their living and working conditions:
While at work, these "students" were often forced to work from 6 or 7 in the morning to as late as 11 at night with only one 30 minute to hour break. And to top it off, these students are paid minimum wage for all the hours they worked, despite working well over 40 hours per week, qualifying them for overtime pay.
[...] Fernando told us about a story of retaliation from his employer. When he spoke out against the company's tactics, the manager gave Fernando a 4 hour work week. When Fernando was explaining that this story to the room, he asked, "How am I suppose to pay a $300 rent when only working 4 hours in 1 week?"
From Daily Kos
Student guest workers walk off the job at McDonald's to protest abuses
from Daily Kos by rss@dailykos.com (Laura Clawson)
Student guest workers on the J-1 cultural exchange visa program walked out of their jobs at Pennsylvania McDonald's restaurants Wednesday morning, citing abuses of the same kinds that caused a walkout from a Hershey's supplier in summer 2011. As a result of that strike, the State Department investigated the program and strengthened protections somewhat, but not enough, according to analysts at the time and as demonstrated by the fact that once again student guest workers are coming forward with allegations of wage and hour abuses and having unreasonable rents deducted from their paychecks for basement rooms shared by several people.
Sean Kitchen reports that, at a recent meeting in Harrisburg, some of the student workers described their living and working conditions:
While at work, these "students" were often forced to work from 6 or 7 in the morning to as late as 11 at night with only one 30 minute to hour break. And to top it off, these students are paid minimum wage for all the hours they worked, despite working well over 40 hours per week, qualifying them for overtime pay.
[...] Fernando told us about a story of retaliation from his employer. When he spoke out against the company's tactics, the manager gave Fernando a 4 hour work week. When Fernando was explaining that this story to the room, he asked, "How am I suppose to pay a $300 rent when only working 4 hours in 1 week?"
Labels:
corporations,
economy,
emplyment,
guest workers,
McDonald's
Thursday, March 07, 2013
Corporations are screwing America
Why don't corporations have a conscience? Why don't the leaders have a commitment to working with the nations and the people of the world? Why don't the corporate leaders realize that by working together we could have a better life for everyone? Pay higher wages. Provide benefits. Pay taxes.
We have a grocery chain in our area, Wegmans, based out of Rochester, NY that does exactly that. Year in and year out a national magazine rates them as one of the top two or three places to work in the country. I recently heard from one of their employees in our area that sheds light on exactly the issue I raise in the first paragraph. One of his parents became deathly ill - he requested time off to help out - Wegmans gave him regular PAID time off to care for his parents. A Wegmans representative came to his home on several occasions with food and supplies to help out the family. The employer was there for him.
Wegmans, as a part of their employee benefits program, provides their workers with scholarship money just a few months after they begin working there. It is a company with a conscience - a company that wants to play a role in making life better for its employees. THIS is what we need more of in this country.
Discliamer: I have absolutely no connection with Wegmans whatsoever. I never worked there and I'm sure their employee benefits are more extensive than what I've listed - I'm just an outside observer. I grew up in Rochester and watched them rise from just a couple of stores to a chain dominating most of the northeast. I'm proud to say that my wife and I have done about 90% of our grocery shopping at Wegmans for decades. And we will continue to support them as long as they continue to support our community.
We have a grocery chain in our area, Wegmans, based out of Rochester, NY that does exactly that. Year in and year out a national magazine rates them as one of the top two or three places to work in the country. I recently heard from one of their employees in our area that sheds light on exactly the issue I raise in the first paragraph. One of his parents became deathly ill - he requested time off to help out - Wegmans gave him regular PAID time off to care for his parents. A Wegmans representative came to his home on several occasions with food and supplies to help out the family. The employer was there for him.
Wegmans, as a part of their employee benefits program, provides their workers with scholarship money just a few months after they begin working there. It is a company with a conscience - a company that wants to play a role in making life better for its employees. THIS is what we need more of in this country.
Discliamer: I have absolutely no connection with Wegmans whatsoever. I never worked there and I'm sure their employee benefits are more extensive than what I've listed - I'm just an outside observer. I grew up in Rochester and watched them rise from just a couple of stores to a chain dominating most of the northeast. I'm proud to say that my wife and I have done about 90% of our grocery shopping at Wegmans for decades. And we will continue to support them as long as they continue to support our community.
Labels:
Bernie Sanders,
business,
corporations,
economy,
Wegmans
Sunday, December 30, 2012
Wednesday, November 14, 2012
Shallow thinkers
There are a lot of folks in America who can't delve very deeply into a problem before their head begins to hurt - so they just blindly follow someone else even if it means supporting principles not in their own best interests.
Really...
Really - you just can't fix fucking stupid...
Corporations Calling To ‘Fix The Debt’ Want $134 Billion In Tax Breaks
Monday, September 10, 2012
Our government has lost its focus
As a liberal, I strongly support a strong government in the U.S., but do feel that it has lost it focus. In a country that is supposed to be of the people, by the people and for the people, far too much support is given to corporations. Example...
Wednesday, December 21, 2011
Friday, December 16, 2011
Wednesday, November 02, 2011
Friday, September 09, 2011
Tuesday, May 31, 2011
Wednesday, April 27, 2011
Saturday, April 23, 2011
Wednesday, March 30, 2011
Bernie Sanders - America's 10 Worst Corporate Tax Slackers
Click here for the Daily Kos article that includes this data
1) ExxonMobil made $19 billion in profits in 2009. Exxon not only paid no federal income taxes, it actually received a $156 million rebate from the IRS, according to its SEC filings. [Note: Our post last April reported that ExxonMobil was owed $46 million by the IRS.]
2) Bank of America received a $1.9 billion tax refund from the IRS last year, although it made $4.4 billion in profits and received a bailout from the Federal Reserve and the Treasury Department of nearly $1 trillion.
3) Over the past five years, while General Electric made $26 billion in profits in the United States, it received a $4.1 billion refund from the IRS.
4) Chevron received a $19 million refund from the IRS last year after it made $10 billion in profits in 2009.
5) Boeing, which received a $30 billion contract from the Pentagon to build 179 airborne tankers, got a $124 million refund from the IRS last year.
6) Valero Energy, the 25th largest company in America with $68 billion in sales last year received a $157 million tax refund check from the IRS and, over the past three years, it received a $134 million tax break from the oil and gas manufacturing tax deduction.
7) Goldman Sachs in 2008 only paid 1.1 percent of its income in taxes even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and U.S. Treasury Department.
8) Citigroup last year made more than $4 billion in profits but paid no federal income taxes. It received a $2.5 trillion bailout from the Federal Reserve and U.S. Treasury.
9) ConocoPhillips, the fifth largest oil company in the United States, made $16 billion in profits from 2007 through 2009, but received $451 million in tax breaks through the oil and gas manufacturing deduction.
10) Over the past five years, Carnival Cruise Lines made more than $11 billion in profits, but its federal income tax rate during those years was just 1.1 percent.
2) Bank of America received a $1.9 billion tax refund from the IRS last year, although it made $4.4 billion in profits and received a bailout from the Federal Reserve and the Treasury Department of nearly $1 trillion.
3) Over the past five years, while General Electric made $26 billion in profits in the United States, it received a $4.1 billion refund from the IRS.
4) Chevron received a $19 million refund from the IRS last year after it made $10 billion in profits in 2009.
5) Boeing, which received a $30 billion contract from the Pentagon to build 179 airborne tankers, got a $124 million refund from the IRS last year.
6) Valero Energy, the 25th largest company in America with $68 billion in sales last year received a $157 million tax refund check from the IRS and, over the past three years, it received a $134 million tax break from the oil and gas manufacturing tax deduction.
7) Goldman Sachs in 2008 only paid 1.1 percent of its income in taxes even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and U.S. Treasury Department.
8) Citigroup last year made more than $4 billion in profits but paid no federal income taxes. It received a $2.5 trillion bailout from the Federal Reserve and U.S. Treasury.
9) ConocoPhillips, the fifth largest oil company in the United States, made $16 billion in profits from 2007 through 2009, but received $451 million in tax breaks through the oil and gas manufacturing deduction.
10) Over the past five years, Carnival Cruise Lines made more than $11 billion in profits, but its federal income tax rate during those years was just 1.1 percent.
Friday, March 25, 2011
While you are getting hosed...
Despite reporting over $5 billion in profits from its domestic operations, the American multinational conglomerate General Electric -- headquartered in Fairfield, CT -- paid nothing in income taxes . "In fact, G.E. claimed a tax benefit of $3.2 billion."
Source - The Progress Report 3/25/2011
Friday, July 16, 2010
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