Friday, July 22, 2011

MUST READ: THE LATEST FROM MATT TAIBBI

Here.

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6 Comments:

Blogger harryn said...

I'm not an economist or a tax attorney, and though reasonably intelligent, I had a hard time wrapping my brain around that corporate shell game.
I applaud Matt for describing it so clearly.
But how do you get the vast majority of voters to understand this concept when representatives like Speaker Boehner and Wannabe Cantor continue to refer to these corporate entities as "the American people" - and that a tax burden upon 'them' is going to slow economic growth.
Like Obama said last night, 'all the working stiffs care about is their jobs and making ends meet.
As soon as the threat of lost wages to taxes or lost jobs is mentioned the people recoil.
The great thing about unions of the past was that they gave the 'stiffs' a voice and explained the details in a way that could be understood - at least to the point they could rally a strike to effect upper managements bottom line. Today, they would just move the jobs elsewhere.
It almost sounds like corporate terrorism where jobs and revenue are being leveraged as hostages.
I'm really starting to get a sick feeling in the pit of my stomach about the way greed and governance has manifested itself in the 21st century - a horrible state of affairs.
But some things never change; the Democrats seem to be interested in the preservation of America's population and the Republicans seem to want to use that population to support survival of big business.
Sad ...

July 23, 2011 at 8:18:00 AM EDT  
Blogger Lally said...

Well said Paul.

July 23, 2011 at 9:40:00 AM EDT  
Blogger JIm said...

This comment has been removed by a blog administrator.

July 23, 2011 at 10:55:00 AM EDT  
Blogger Robert G. Zuckerman said...

deletion is reserved
for lies well deserved
for integrity not conserved
nor decency preserved

July 23, 2011 at 2:19:00 PM EDT  
Anonymous Anonymous said...

Amen, brother!

July 23, 2011 at 9:34:00 PM EDT  
Blogger JIm said...

This comment has been removed by a blog administrator.

July 24, 2011 at 10:55:00 AM EDT  

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