Loopholes And Offshore Havens Push Corporate Taxes To Record Lows

Corporate tax avoidance is first and foremost on the kinds of an increasing number of large American corporations that are picking up their company headquarters and moving overseas. Flush with breaks and loopholes provided by Congress that have enabled them to pay rates far below the advertised U.S. corporate tax, businesses are nonetheless fleeing America’s [...]

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THE HEADLINES

  “EVEN THEIR YACHT DIDN’T WANT TO PAY TAXES.” As part of its “shadow convention” project to show what vital issues are being avoided at the Republican and Democratic national conventions, Huffington Post runs a piece describing wherein lies the real policitical “action” around the GOP event in Tampa. While Romney intones the usual “morning [...]

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  PUSSY RIOT IN RUSSIA: NOW THERE’S AN ISSUE INTO WHICH AMNESTY INTERNATIONAL CAN SINK ITS TEETH. Diane Johnstone examines the behavior of the international “human rights” organization in going to the defense of a feminist punk-rock band “persecuted” by the Russian government for performing an allegedly “decadent” show in a Russian cathedral in which [...]

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    AMERICAN PRIORITIES: MORE MONEY FOR PRISONS, LESS FOR HIGHER EDUCATION. An alarming trend that has taken hold in the United States is a startling divergence in the amount of public money earmarked for the sustenance of the nation”s system of higher education versus that spent on incarceration. America is now a place where [...]

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"Conventional" Wisdom: New Doors Opened For Big Money Influence At Party Conventions

The 2012 election will be the most expensive in history thanks to fewer regulations on political fundraising, and the national party conventions that kick off this week with the Republicans gathering in Tampa are similarly being transformed by the avalanche of big money and corporate largess. The Republican National Convention in Florida and next week’s [...]

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  “SOUND OF FREEDOM” IS THE “SOUND OF JACKASSES” TO SOME RESIDENTS OF WHIDBEY ISLAND, WASHINGTON. Navy Growler jets from nearby airbase may be the sound of freedom for some, but it’s an excessively noisy and even damaging sound according to others. Farmers complain that some of the “kids” who fly the jets think they [...]

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  “NON-ALIGNED MOVEMENT” IS NOT STOPPED BY A HURRICANE IN TEHRAN, BUT ITS MEETING THIS WEEK MAY RAISE A MIGHTY WIND IN INTERNATIONAL DIPLOMACY. The “Atlanticist” alliance of U.S., Israel and NATO members that fancies itself as the “international community” is shaking with anger against the meeting of 120 world “non-aligned” nations in Tehran. The [...]

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Death Of The Middle Class: Bottom Falls Out For Average Americans While The 1 Percent Enjoy Record Profits, Growth

Incomes for the vast majority of middle-class Americans have continued to plummet and their future financial security is in tatters even as the worst effects of the 2008-2009 recession are supposed to have been easing.  While private businesses and high earners prosper, most families and individuals are dealing with unprecedented economic pain. The news that [...]

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  ALL THE NEWS THAT EVEN THE BBC FEELS COMPELLED TO AIR. The BBC, whose coverage of the Syrian “crisis” practically amounts to cheerleading for the Syrian opposition, is seemingly forced into one of its occasional “lapses” in that role when it airs a piece documenting what may well be a “war crime” involving that [...]

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  BETTER WATCH OUT, BETTER NOT SHOUT: AUSTERITY, MILITARISM AND AN ENHANCED POLICE STATE ARE COMING TO TOWN! By Christmas of this year, either Obama or Romney will be elected President for the next four years. If Romney wins, the country is clearly in for a strong turn to the right on these matters. But [...]

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