We’ve been saying it for years – break them up!
“We have become a rent-seeking society, dominated by market power of large corporations, unchecked by countervailing powers. And the power of workers has been weakened, if not eviscerated. What is required is a panoply of reforms—rewriting the rules of the American economy to make it more competitive and dynamic, fairer and more equal.” — Joseph Stiglitz
The Nobel Prize winner argues that an economy dominated by large corporations has failed the many and enriched the few.
Never forget : Less wages for workers = higher returns for Wall Street parasites.
Bank of American Merrill Lynch downgraded Chipotle and cut its earnings targets, citing the restaurant’s inability to reduce labor costs.
“While promoting themselves as champions of human rights on individual popular issues (such as Gay Marriage), our fundamental and most basic rights to unionize, control our fertility, engage in the political system, blow the whistle, receive a fair trial, and be protected from government intrusion into our lives (NSA and Homeland Security ring any bells?)…are disappearing or already gone…with the full support of both parties. Oh, I meant to say, the one party that runs our country.”
The Party of Political Capitalism Rules America (Establishment Dems Won’t Help) Posted by March Twisdale | Oct 16, 2017 | 0 | If you are a #DemEnter enthusiast, I’m going to ask you to hang tight. I fully support efforts to reclaim control of both Political Party Machines, from the ground up. Howeve…
The excerpt says it all.
“Here’s the real crazy part: all this insanely indulgent spending, the $34,000 a month, still adds up to only $400,000 a year. This couple earn $1,250,000 a year. You could buy tickets to Hawaii and Disneyland every week, and still only spend ⅓ of what these people actually earn. They live like monarchs, and yet most of their income still just gets tossed into their savings account. This, then, is what is truly extraordinary: these people could keep spending exactly as they presently do, and have $200,000 a year to put into their retirements savings, even if 50% of their income was taken from them in taxes. You can argue whether increased taxes on the wealthy will have useful consequences. What I don’t think you can argue is that increased taxation would deprive people in any serious way.”
It is time for America to forgive Puerto Rican government debt and make it a State.
The colonial travesty has failed the people, all Americans deserve representation – not exploitation!
President Donald Trump on Sunday tweeted a bizarre drawing that depicts a giant cartoon Trump saving America by dragging U.S. companies across an ocean on a barge.