Many big business paid little or even NO taxes since 2008. They include Boeing, Dupont, Exxon Mobil, FedEx, General Electric, IBM, Verizon Communications, Yahoo, American Electric Power, Honeywell International, and United Technologie...s. Some of them even received tax refunds!!!! Where is the profit going? Where is this supposed "Trickle-Down" econmics? In fact, Yahoo just 'trickled' its call center on 'down' to the Dakotas. Cisco, EA and Bristol-Myers Squibb have 'trickled' themselves over to Ireland. Even my beloved bank saddled-up and moved most of its operations out of San Francisco. To make matters worse, there has been a steady, rushing 'trickle' of international workers ushered in to take the few jobs available that actually pay a living wage. (God-forbid you adjust for inflation) Is it because many of these workers aren't receiveing medical benefits and the business can save millions?
Looking back, I see why George H.W. Bush allowed Clinton to slide in and push NAFTA. We're still feeling that backlash. Now, the U.S. dollar is being driven into the ground. Coincidence? I doubt it. Manifest Destiny is over, so the Rockefellers, Stanfords, and Vanderbilts of our day have no more West to win. Where else can they go? Apparently, its re-investing back in Europe in an effort to stimulate its deteriorating population. While America is being left to fend for itself. We still sell the dream, but in reality we fight over one, crumby slice of pie. Fortuantely I'm part Irish :)
Friday, July 8, 2011
Big Business, Little Tax
Labels:
big business,
bush,
cisco,
clinton,
exxon mobile,
google,
ibm,
ireland,
manifest destiny,
nafta,
tax,
taxes,
trickle down
Wednesday, June 29, 2011
John Salley
Nice job on the OJ defense! I'm proud of him for not shying away from controversy. Keep it up!
Tuesday, October 20, 2009
Demands on the Dodgers
If we start with the fact that people live up or down to expectations, we should not be surprised when the Dodgers lose to teams like the Phillies. I honestly think Los Angeles lifestyle is too laid-back and maybe the stadium is too beautiful and the Dodgers just fade into a semi-comatose state. Joe Torre is too laid-back which just makes this problem even worse. He has a very passive style, no base running, no brush back pitches, its just plain sad. Imagine Bobby Cox with this talent!
On the contrary, Philly is a hardcore, blue-collar city with an inferiority complex (because of its proximity to New York) and their fans DEMAND winning. In fact the NEED it. Same goes for cities like Pittsburgh, Chicago, Boston, and Washington D.C.
The Lakers are an exception because they simply buy the best talent on the planet. But wait a minute, Kobe is from Philly!
On the contrary, Philly is a hardcore, blue-collar city with an inferiority complex (because of its proximity to New York) and their fans DEMAND winning. In fact the NEED it. Same goes for cities like Pittsburgh, Chicago, Boston, and Washington D.C.
The Lakers are an exception because they simply buy the best talent on the planet. But wait a minute, Kobe is from Philly!
Saturday, October 10, 2009
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