Did you know that Apple Computer has become a foreign entity? Did you know that it’s more Irish than anything else, at least as far as taxes are concerned? Or that it pays very little in income tax, even though its products wouldn’t exist if it not for U.S. taxes? Apple products were designed in [...]
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President Obama has promised Oklahoma “everything that it needs right away” to begin the process of recovering and rebuilding, after the massive tornado touched down in the state on Monday, devastating the cities of Monroe and Newcastle. Already hundreds of Federal Emergency Management Association employees are the ground in Oklahoma, and millions of dollars in [...]
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Republicans have been eager to blame the sequester on President Obama, and complain when certain cuts affect their districts. But beyond proposing robbing-Peter-to-pay-Paul solutions for things like protecting air traffic controllers, what do Republican want to do about the sequester cuts? Cut more. The AP reports: Republicans controlling the House pressed ahead Tuesday with slashing [...]
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MORNING MESSAGE: What’s Wrong With Jamie Dimon is What’s Wrong With America OurFuture.org’s Richard Eskow: “After today’s shareholder votes at JPMorgan Chase, Mark Gongloff is right to describe Dimon as a ‘cult leader.’ … But that’s not the end of the story. It’s too easy to externalize responsibility by pinning the blame on villains. … [...]
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On the menu this morning MORNING MESSAGE: The Latest Lie – IRS Targeted Conservatives The Bite of Apple: Worming Through Tax Loopholes Homeowners Arrested; Say Bankers Should Have Been Good Deficit News Bad News for Right Latest Immigration Bill Twists Breakfast Sides MORNING MESSAGE: The Latest Lie – IRS Targeted Conservatives http://blog.ourfuture.org/20130520/the-latest-lie-irs-targeted-conservatives “The corporate media [...]
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OurFuture.org’s Roger Hickey and Richard Eskow explain during their appearance Sunday on “Pivot Point with Maya Rockeymoore” what it will take for progressives to win the fight against conservative austerity economic policies that are holding down the economy and preventing the job growth that we need. “The great thing is that the idea of austerity [...]
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Sunday, May 19, 2013, was one of the saddest and most notorious moments in the sordid history of the federal budget.
Let's start from the beginning.
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Apple (like many giant, multinational corporations) has been avoiding paying the taxes they owe to the country by setting up foreign “subsidiaries” in tax-haven countries, and moving jobs and profit centers out of the country. They have accumulated billions upon billions of dollars in these tax havens. Now they want a special tax break to [...]
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MORNING MESSAGE: A Long Cold Summer For Young People Looking For Work OurFuture.org’s Isaiah J. Poole: “Just in the past decade Congress has cut $1 billion from youth jobs programs, according to a report by the Center for American Progress. And that is at a time when even before the Great Recession youth unemployment was [...]
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I got my first job while I was in high school through a small community organization run by Willie J. Hardy, a community activist (and later D.C. City Council member) who operated out of what legendary Washington Post writer William Raspberry described as a “tiny, hopelessly cluttered quonset hut” in the Deanwood section of Washington. [...]
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