From Jim Hightower Archive

What’s scaring the bejeezus out of billionaires?

There’s a new political army on the march in America: Tromp-tromp-tromp they came, it’s the Billionaire Brigade!

It’s actually a very small army – only 749 Americans rank as billionaires. But they have a lot of firepower – collectively, they’ve amassed some $4-trillion in personal wealth and are now grabbing nearly all of the new wealth that our economy generates. In response to the extreme inequality their greed has created, Bernie Sanders, Elizabeth Warren, and other Democratic leaders are proposing a widely-popular wealth tax on the opulence of this tiny group. And oh, what wails of anguish this has generated in the lairs of billionaires! They’re indignant that fortunes above $50-million would be assessed a teeny surtax to help fund education, health care, infrastructure, and America’s other essential needs.

So, with a rallying cry of Save the Poor Rich, the Billionaire’s Brigade seeks your pity: Mark Zuckerberg laments that taxing his gabillions would hurt charities; Michael Bloomberg suggests that the tax could turn America into Venezuela; and Wall Street baron Leon Cooperman actually teared up while wailing that a wealth tax would harm his family. As one money manager said, “These tax proposals are scaring the bejeezus out of people who have accumulated a lot of wealth.”

I don’t think there’s much Jesus in these people! The Biblical Jesus would bless Sanders, Warren, and the majority of Americans who favor a wealth tax to benefit the Common Good. No need to cry for the few hundred haughty families whose love of money would be only slightly dinged by this tax – every one of them would still be fabulously rich. Plus, they’ll be privileged to live in a country that’s a little more closely aligned with its people’s egalitarian values. And that’s priceless.

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Reposted from Hightower Lowdown

Where can Trump find a good farm policy?

Donald Trump’s idea of a good farm program seems to be “Hee Haw.” On a recent trip to Wisconsin, he drew guffaws from the state’s hard-hit dairy farmers by proclaiming that – thanks to his policies – the farm economy was looking good. “We’re over the hump,” he gloated.

Perhaps The Donald thought that farmers are rubes, unable to do simple math. But those dairy farmers were painfully aware that it costs them $1.90 to produce a gallon of milk, but the processing giants that control the milk market are paying them only $1.35 a gallon. That 55-cent-a-gallon loss quickly adds up to a huge loss of income, and a devastating loss of farm families – Wisconsin lost 638 dairy farms last year and another 551 so far this year.

Far from “over the hump,” farm prices have been further depressed by Trump’s tariff clash with China – US dairy sales to China fell by 54 percent in just the first half of this year. Meanwhile, monopoly power is crushing prices – an $8 billion behemoth named Dean Foods now controls 90 percent of Wisconsin’s milk market, empowering it to commit daylight robbery, blatantly stealing farmers’ product… and farms.

Yet, Ag Secretary Sonny Perdue – the one national official who’s supposed to stand up for farmers – nonchalantly kissed them off, smugly declaring it natural that the big devour the small. So, he professes, there’s nothing he can do for family operators except tell them to “go out” of agriculture.

Perdue and Trump are simply inept stewards of America’s farm economy. Time for a change. One who is offering a path to a revitalized, family-farm-based food system that’ll break the corporate stranglehold over US agriculture is Sen. Elizabeth Warren. Download a summary of her comprehensive proposal for “A New Farm Economy” at ElizabethWarren.com/Plans/New-Farm-Economy.

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Here’s the straight skinny on Medicare for All

The British people have been widely admired for their steady demeanor in times of adversity–stiff upper lip and all that. Until Donald Trump, that is.

In June, our presidential popinjay descended on London with a bombastic proposition that caused the upper lips of the entire British population to quiver at once. There as a guest, and treated to the full pomp of a state visit, The Donald blurted out what he hailed as a “phenomenal” gift in the form of a new US-UK trade deal: He was offering to bring in America’s healthcare profiteers to start privatizing Britain’s National Health Service.

It’s possible that Trump was simply ignorant, unaware that Brits love their NHS, since its socialized plan provides quality care to all without families fearing they’ll be bankrupted or priced out of treatment by private insurance giants, hospital chains, or Big Pharma. Or possibly, he was hornswoggled by the right-wing pontificators of Fox News (Trump’s most trusted policy advisors) and their steady stream of lies about anything with the word “social” in it.

Last year, after seeing (What else?) a Fox News segment reporting that thousands of Brits were marching in protest of their health system, Trump smugly trumpeted that they were fed up with care-for-all socialism. But–oops–the uproar was actually in support of the NHS, demanding that the miserly Tory government strengthen it with “more staff, more beds, more funds.”

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Let’s decode Trump’s Afta-Nafta trade deal

In a very weird twist in his chaotic 2016 presidential campaign, Candidate Trump started sounding like a genuine, workaday populist, fuming at his rallies about the devastating effects of Nafta and other international trade deals, and how they’ve shafted America’s blue-collar workers. He was right, and The Donald promised his mad-as-hell working class he would not stand for it. Of course, the pampered son of privilege never meant it. And, sure enough, as president, Trump promptly sold out workaday Americans to his real base: The global corporate elite.

He’s now delivered to Congress his New! Improved! Nafta! It is a piece of Trumpscam that he rebranded–Ta-dah!–the United States Mexico Canada Agreement (USMCA). This issue of The Lowdown is sounding the alarm about the extraordinary level of corporate avarice and malevolence that is baked into it. We’re urging all Lowdowners to pay attention, spread the alarm, and act while there is still time to fix it–possibly turning Trump’s raw deal into a good deal.

The pitch

“Keep your eye on the ball” is not only a core principle for baseball players, but also for us commoners trying to assess exactly what the spinmeisters of global trade are hurling at us. Their deals are and always have been large-scale hustles, filled with hypocrisy, deceit, and greed. Promoted as fair and good for all, they’re invariably rigged with profiteering schemes that lock into law advantages for corporations over the common good of consumers, the environment, labor, independent businesses, governments, and all other democratic forces.

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Where’s the beef in Trump’s new trade deal?

“MAGA,” blusters Donald Trump – Make America Great Again! America’s ranching families, however, would like Trump to come off his high horse and get serious about a more modest goal, namely: Make America COOL Again.

COOL stands for Country-of-Origin-Labeling, a straightforward law simply requiring that agribusiness giants put labels on packages of steak, pork chops, etc. to tell us whether the meat came from the USA, China, Brazil… or Whereintheworldistan. This useful information empowers consumers to decide where their families’ food dollars go. But multinational powerhouses like Tyson Foods and Cargill don’t want you and me making such decisions.

So, in 2012, the meat monopolists got the World Trade Organization to decree that our nation’s COOL law violated global trade rules – and our corporate-submissive congress critters meekly repealed the law.

Then came Donald Trump and his Made-in-America campaign, promising struggling ranchers that he’d restore the COOL label as a centerpiece of his new NAFTA deal. Ranching families cheered because getting that “American Made” brand on their products would mean more sales and better prices.

But wait – Trump has now issued his new US-Mexico-Canada Agreement, and… Where’s the beef? In his grandiose, 1,809-page document, COOL is not even mentioned!

Worse, slaps America’s hard-hit ranching families in the face for it allows multinational meatpackers to keep shipping foreign beef into the US market that does not meet our food safety standards! Aside from the “yuck” factor and health issues, this gives Tyson and other giants an incentive to abandon US ranchers entirely.

To stand with America’s farm and ranch families against their betrayal by Trump and the Big Food monopolists, contact the National Farmers Union: NFU.org.

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Reposted from the Hightower Lowdown

Will you win the “Throw Your Money At Amazon” Sweepstakes?

How much are you paying Amazon? I don’t mean how much you’re shelling out for stuff you bought, but how much you and your neighbors are simply giving to this huge and uber-rich on-line retailer.

If you live in Indianapolis, Austin, Chicago, Atlanta, or 16 other lucky cities – congratulations, for you’re a finalist in the “Throw-Your-Money-At-Amazon” Sweepstakes! It’s like Bonnie & Clyde, but instead of robbing banks, Amazon has enticed city and state officials to rob their own citizens, then hand over the loot in the form of tax breaks, land, and other bribes to Jeff Bezos, CEO of Amazon. The locality that offers the most booty “wins” the grand prize of having this thieving corporate behemoth become its new neighbor. At least until Bezos gets a better offer.

So, again I ask: How much are your officials offering?

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How many tweety birds does it take to Tweet the truth?

In CorporateWorld, when trouble pops up and things get sticky, CEOs don’t wring their hands and try to dodge the issue. No-sir-ee, the chief gets paid the big bucks to step forward confidently and seize control… by ringing up the company’s PR consultants and having them try to dodge the issue.

Jeff Bezos, Amazon Inc.’s boss, is an expert at this. The uber-rich online marketing colossus has been hit with a long string of exposes about the corporation’s nasty practices. From profiteering as a flagrant tax dodger and predatory killer of independent, local businesses to running a massive network of publicly-subsidized warehouses with sweatshop labor, Amazon’s carefully-crafted image as a “cool” company is… well, getting fried in negative headlines and online chatter.

Thus, Bezos (known for thinking outside the cage), has hired a flock of tweety birds to counter the negativity. They are former warehouse workers who now tweet full-time about how absolutely wonderful those warehouse jobs are. The tweeters tell us that air circulation in the warehouses is “very good;” in a 10-hour shift, they assure us, lucky workers get not one, but two 30-minute breaks; and they’re even allowed bathroom breaks (within reason, of course).

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Help save America’s public post offices

The US postal system has 30,000 outlets serving every part of America it employs 630,000 people in good middle-class jobs, and it proudly delivers letters and packages clear across the country for a pittance. It’s a jewel of public service excellence.

Therefore, it must be destroyed.

Such is the fevered logic of laissez-fairyheaded corporate supremists like the billionaire Koch brothers and the right-wing politicians who serve them. This malevolent gang of wrecking-ball privatizers includes such prominent Trumpteers as Treasury Secretary Steve Mnuchin (a former Wall Street huckster from Goldman Sachs), and Budget Director Mick Mulvaney (a former corporate-hugging congress critter from South Carolina). Both were involved in setting up Trump’s shiny new task force to remake our US Postal Service. It’s like asking two foxes to remodel the hen house.

Trump himself merely wanted to take a slap at his political enemy, Amazon chief Jeff Bezos, by jacking up the prices the postal agency charges to deliver Amazon’s packages. The cabal of far-right corporatizers, however, saw Trump’s temper tantrum as a golden opportunity to go after the postal service itself. So, instead of simply addressing the matter of package pricing – Shazam! – the task force was trumped-up with an open-ended mandate to evaluate, dissect, and “restructure” the people’s mail service, including carving it up and selling off the parts.

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America's War

America’s political history has been written in the fierce narrative of war. Not our country’s many military clashes with foreign nations – but our own unending war for democracy in the USA.

Generation after generation of moneyed elites have persisted in trying to take wealth and power from the workaday majority and concentrate both in their own hands to establish a de facto American aristocracy. Every time, the people have rebelled in organized mass struggles against the monopolists and financial royalists, literally battling for a little more economic fairness, social justice, and equal opportunity. And now, the time of rebellion is upon us again, for We the People are suddenly in the grip of a brutish level of monopolistic power.

Corporate concentration of markets, profits, workplace decision-making, political influence, and our nation’s total wealth is surpassing that of the infamous era of robber barons. Apple, which just became the first US corporation to reach a stock value of 1 trillion dollars, is now larger than Bank of America, Boeing, Disney, Ford, Volkswagon, and 20 other brand-name giants combined. And the powerful tech industry is now controlled by just five superpowers – Apple, Amazon, Facebook, Google, and Netflix – which raked in half of this year’s stock price gains by the 500 largest corporations. Indeed, the recent gold rush of corporate mergers has created mega-firms, shriveling competition in most industries – airlines, banks, drug companies, food, hospitals, hotels, law firms, media, oil, etc.

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Gentrification shreds the fabric of our cities while making rich developers even richer

When I moved to Austin in 1976, I lucked into finding a small, dog-run style house that must have had a lot of dogs running through it over the years, for it was pretty run down. That was good, though, because it meant I could afford it on my minimalist salary. Located in a working-class neighborhood just off of South Congress Avenue, the house was about 100 years old and needed a lot of work, but it suited me just fine. As did the mixed-race neighborhood of striving musicians, retirees, ex-hippies, unemployed writers, cab drivers, and several marijuana peddlers. It was an unpretentious, genuinely eclectic community of laid-back, free-spirited Austinites. (Our unofficial slogan was, “We’re all here because we’re not all there.”)

We had plenty of bars, churches, and other places where neighbors would gather periodically in various groupings, but one spot was a magnet for the whole community, regularly pulling practically everyone in. The H-E-B, our area’s supermarket, was part of a mid-sized chain of Texas grocery stores named for its founder Howard E. Butt. The family smartly chose to market Mr. Butt’s initials, rather than draw attention to his namesake body part.) Our H-E-B was widely popular because its workers paid attention to the community they were in, stocking staples like 20-pound bags of frijoles, smoked ham hocks, and cornmeal-breaded catfish, as well as auto-repair parts and low-priced barbeque grills made from barrels.

Ironically, it was the store’s attentive connection to its customers that suddenly made me aware of an unsettling reality in the late 1990s: The neighborhood was fundamentally changing. My wake-up call came from my friend Molly Ivins, the bigger-than-life Texas populist and gloriously talented writer who also lived in our offbeat, Southside habitat. “Hightower,” she barked alarmingly into the phone, “you will not believe what I just saw them selling at the H-E-B.” Before I could muster a guess, Molly drawled out: “Por-ta-BELLOW mushrooms!”

Well, there it was–foodie evidence that gentrification had crept into our neighborhood without so much as a pretty please.

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We hear the Dow Jones Average, but why not the Doug Jones Average?

Language matters. For example, the words that corporate and government officials use to report on the health of America’s economy can either make clear to us commoners what’s going on – or hide and even lie about the reality we face.

Consider the most common measurement used by officials and the media to tell us whether our economy is zooming or sputtering: Wall Street’s index of stock prices. The media literally spews out the Dow Jones Average of stock prices every hour – as though everyone is waiting breathlessly for that update.

But wait – nearly all stock is owned by the richest 10 percent of Americans, so the Dow Jones Average says nothing about the economic condition of the 90 percent majority of Americans. For us (and for the true economic health of America as a whole) we need to know the Doug Jones Average – how’re Doug and Dolores doing?

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Forget shaming this do-nothing Congress. Stop paying them!

Want good quality, lower-cost health care for your family – and (what the hell, let’s think big here) for every man, woman, and (especially) every child in our society?

Here’s how we can finally get Congress to pass such a program: Step One – take away every dime of the multimillion-dollar government subsidy that Members of Congress get to cover their platinum-level health insurance. Let them have to live with the same exorbitantly-expensive, dysfunctional, and (let’s admit it) sick system of medical profiteering they’ve thrust on us. Eliminate all of their special treatments, including shutting down their “Office of the Attending Physician,” a little-known spot of pure, 100% socialized medicine conveniently located in our US Capitol to provide government-paid doctors, nurses, pharmacists, and others who give immediate, on-the-spot attention to these special ones.

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The Koch Klan is funding a stealthy war against the principle of the Common Good

What’s happening to America? I mean the big America we thought we were building. Since 1776, We the People of this bountiful land have not only worked to meet our individual needs and achieve personal goals, but we’ve also worked collectively to build something that’s much bigger than any one of us, more important than any particular group, and more enduring than any single generation–namely, a “little-d” democratic society committed to the Common Good.

And, yes, we’re still a long way from achieving that ideal, but by fits and starts our nation has made real progress, thanks to 242 years of gutsy grassroots movements. Today, though, we need to face up to a shocking reality: There has been a coup against our national pursuit of the Common Good!

Few people are aware of it, for the coup has not been conducted as a single, bold, commando-style frontal assault. Rather, since the middle of the last century the perpetrators have mounted a sneaky, slow motion coup of attrition, moving methodically from one political venue to another, donning multiple organizational guises to strike down a law here, reverse a public policy there, demonize “others,” and ambush progressive groups all along the way. Consequently, over decades, the essential American idea that “we’re all in this together” has been steadily losing out to a diametrically opposed idea: “Each of us is on our own.

This bleak outlook is even recognized as a formal political doctrine: selfish individualism. Basically an ethic of greed, this “philosophy” is being advanced by a plutocratic elite that insists that the role of government is not to promote our common interests and do the will of the majority, but to protect the property and accumulated wealth of moneyed individuals from the rest of us. They are anti-tax, anti-regulation, anti-union, anti-majority radicals who militantly declare: “I got mine, good luck getting yours and don’t even think of touching any of mine.”

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The Great ScAmazon of 2017

In September, the giant retail monopolist, Amazon, announced its intention to build a second corporate headquarters in Someplace, North America. Where’s that? Aha, that’s the trick in a corporate game called “Fleece the Taxpayer.” CEO Jeff Bezos demanded that everyplace submit a list of bribes (excuse me, “incentives”) they would pay to get Amazon to put what he calls HQ2 in their place. Yes, the haughty Amazonian royals actually commanded our public officials to bring all the jewels, gold, and other taxpayer booty they have and kiss Bezos’ ring just to be considered for HQ2. In one stroke, taxpayers all across America were pitted against each other in a bidding war.

Amazon even listed specific incentives that each supplicant should offer. First was a “business-friendly environment.” Then, urging hopefuls to “think big” when offering freebies, the directive demanded contributions of “land, site preparation, tax exemptions, relocation grants, workforce grants, utility grants, and fee reductions.”

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What’s killing America’s middle class?

As the royal triumvirate of Donald Trump, Paul Ryan, and Mitch McConnell continue their perverse quest to turn our America into a gold-plated Trumplandistan for oligarchs, they keep insisting that their blatantly-elitist schemes will magically elevate the middle class and even the poor, delivering a 7-course-dinner to everyone!

Yeah, right – as we’ve now seen from their totally-regressive new tax law, your and my seven-course dinner turns out to be a six-pack and a possum. In fact, as the non-partisan Tax Policy Center reports, 10 years from now, 83 percent of the benefits in the Trump-Ryan-McConnell tax act will be flowing to the wealthiest families, while more than half of America’s middle-income and poor people will actually see their taxes rise during the next decade.

Meanwhile, this egregious giveaway to undeserving corporate elites will add as much as one-and-a-half trillion dollars to the federal deficit. No problem, says the slap-happy triumvirate, for we have a plan to cover the cost of these lavish tax cuts we’ve given to the royals (including cuts for the gilded Trump family, which just happens to be one of the act’s top beneficiaries). As Trump himself explained the plan: “We’re going to go into welfare reform.” Yes, the plan is to cut such essential safety net programs as children’s health care, food stamps, jobless programs, and – as Ryan now publicly admits, they intend to cut your and my Medicare and Social Security.

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How America’s middle class rose… and fell

From 1776 forward, the “common yeoman” – America’s middle class – has been hailed as the virtuous heart and backbone of our nation.

How ironic, since it took 150 years before we actually created a broad middle class. Before the 1930s, most Americans were poor, or near poor. And, yes, “created” is the correct term for how our middle class came to be, pushed by two historic forces of social transformation.

First, the devastation of the Great Depression created a grassroots rebellion of labor, farmers, and others against the careless moneyed class that caused the 1929 crash. These forces produced FDR and his New Deal of union rights, Social Security, and other tools that empowered ordinary Americans to begin rising up from poverty.

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Why reward bad corporate behavior with more tax breaks?

Here’s a question for our Trumpestuous President and his Trumpeteers in Congress: “Why are you even considering giving more tax breaks to corporate giants?”

First, the self-serving corporate class is wallowing in wealth, greedily hoarding it in offshore tax shelters and stock-buyback schemes, refusing to invest it to benefit the vast majority of people they’ve been knocking down and holding down.

Second, you shouldn’t give away our public treasury when our nation has a budget deficit and faces huge needs for public investment – from our deteriorating infrastructure to our disappearing middle class.

Third, our people’s sense of equality and social unity has been severely fractured by 30 years of gross wealth inequality, so intentionally widening the wealth gap is criminally stupid… and dangerous.

Fourth, why would you think over-paid, over-pampered CEOs deserve more pampering? They’ve become imperious potentates who feel entitled to gouge, cheat, defraud, lie, and otherwise run over us commoners.

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Wall Street Thieves Find “New Way” to Steal from Us

We know that millions of American families lost their homes after Wall Street’s 2007 financial crash… but where did all those houses go?

It turns out that Wall Streeters themselves formed profiteering investment groups that rushed out to scoop up tens of thousands of those foreclosed properties, usually grabbing them on the cheap at courthouse auctions in suburban metro areas that were hard-hit by the crash. These moneyed syndicates have deep, deep pockets, so they easily outbid local buyers to take possession of the majority of the single-family homes being sold off in many distressed places.

Why are they buying? To turn the homes into rental properties and become the dominant suburban landlord, controlling the local market and constantly jacking up rents. For example, the Wall Street Journal found that in Nashville’s suburb of Spring Hill, just four of these predatory giants own 700 houses – giving this oligopoly of absentee investors ownership of three-fourths of all rental houses in town. One of these bulk buyers is an arm of Blackstone, the world’s largest private equity firm, another is an equity outfit that was spun out of the housing speculation department of Goldman Sachs, and another is a billionaire whose investors include the Alaska State Oil Fund.

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When Will Wall Street Quit Being Stupid?

The self-described “Geniuses of Wall Street” are being stupid. Again.

In 2007, their stupid schemes and frauds crashed our economy, destroying middle-class jobs, wealth, and opportunities. Far from being punished, however, the scofflaws were bailed out by their Washington enablers – so the moral lesson they learned was clear: Stupid pays! Go Stupid!

Sure enough, here they come again! Rather than investing America’s capital in real businesses to generate grassroots jobs and shared prosperity, Wall Street is siphoning billions of investment dollars into speculative nonsense – such as bundles of high-risk, subprime auto loans.

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Living Wage Preemption Act

The governors of many states are boldly stepping forward these days to stop grassroots democracy.

Yes, noting that local citizens and officials have been passing local laws to govern themselves, a flock of right-wing governors are asserting an autocratic power called “state preemption” to overrule democratic decisions made by locals. Why do these governors hate democracy? Because their corporate funders don’t like some of the laws local people support – so democracy must go! This is not a matter of a rogue governor here or there, but a coordinated effort by corporate interests to get governors to usurp local authority.

The main coordinator of this power grab is ALEC, the American Legislative Exchange Council. For example, in 2014, when Fight for 15, and other activist groups began winning city campaigns for minimum wage hikes, ALEC responded by holding a corporate forum on how state officials can stop such local actions. ALEC circulated a model bill called the “Living Wage Preemption Act,” and sure enough, it’s already been passed by nearly half of our states.

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Why Can’t Our Economy Promote Equality and Shared Prosperity?

You don’t have to be in “Who’s Who” to know what’s what. For example, if a tiny group of Wall Street bankers, billionaires, and their political puppets are allowed to write the rules that govern our economy and elections, guess what? Only bankers, billionaires, and puppets will profit from those rules.

That’s exactly why our Land of Opportunity has become today’s Land of Inequality. Corporate elites have bought their way into the policy-making backrooms of Washington, where they’ve rigged the rules to let them feast freely on our jobs, devour our country’s wealth, and impoverish the middle class.

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Who’ll Help America’s Hard-hit Gold Miners?

These are hard times for America’s gold miners, who’re scrambling to get ahead, but seeing their pay dropping.

Take Bob Mercer, who’s been a top miner for years, but last year even Bob was down. He pulled in only $125 million in pay. Can you feel Bob’s pain?

Well, these are not your normal miners. They are hedge fund managers, digging for gold in the Wonderland of Wall Street. Indeed, if you divided Mercer’s pay in his “bad year” among 1,000 miners doing honest work, each would consider it a fabulous year. Nonetheless, hedge funds are almost literally gold mines, although they require no heavy lifting by the soft-handed, Gucci-wearing managers who work them. These gold diggers are basically nothing but speculators, drawing billions of dollars from the uber-rich by promising that they will deliver fabulous profits for them. But the scam is that Mercer and his fellow diggers get paid whether they deliver or not.

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How can we stop banksters from robbing us?

In an insightful song about outlaws, Woody Guthrie wrote this verse: “As through this world I travel/ I see lots of funny men/ Some’ll rob you with a 6-gun/ Some with a fountain pen.”

The fountain pens are doing the serious stealing these days. For example, while you would get hard time in prison for robbing a bank at gunpoint, bankers who rob customers with a flick of their fountain pens (or a click of their computer mouse) get multimillion-dollar payouts. They usually escape their crimes unpunished… but not unscathed. After all, it’s their constant, egregious, gluttonous thievery that has made “banker” a four-letter word in America, synonymous with immoral, self-serving behavior.

For example, Wells Fargo, our country’s biggest consumer bank, has gotten away with paying some fines for stealing millions of dollars from customers in its notorious “fake accounts” scheme – but it has not escaped the wrath of the Sisters of St. Francis of Philadelphia. This feisty order of nuns, which holds a block of Wells Fargo stock, has been embarrassed and are infuriated by the rank immorality of their bank’s executives. They are pushing a shareholders’ proposal demanding a full accounting of the “root causes” of the malicious fraud perpetuated on vulnerable depositors. Unsurprisingly, the bank’s aloof and arrogant board of directors, which had silently presided over the fraud for years, opposes any such meaningful probe.

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Why is George Orwell’s “1984” a bestseller again?

Tromp-tromp-tromp – troops are marching to battles. Boom-boom-boom – bombs are blowing up communities. Whooooshhh – poisonous gas is being released.

Forget Syria, Isis, Iran, Afghanistan – this is Trump’s War.

Our bellicose Commander-in-Chief is at war in the homeland, deploying his troops to attack everything from our public schools to the EPA, dropping executive-order bombs on Muslim communities and the Mexican border, and spewing poisonous tweets of bigotry and right-wing bile at the media, scientists, inner-cities, “illegal voters,” Meryl Streep, diplomats, Democrats, people who use real facts, and… well, Trump is at war with the American majority, with all who do not agree with him.

And you thought Nixon had a long enemies list!

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Wall Street Sodbusters

I love the names: Bobcat Farm, Golden Eagle Ranch, Long Prairie, Ten Mile Farm. They conjure up Americana, the old homestead, and our rich rural culture.

Less bucolic, however, is the fact that all those farms are part of a massive Wall Street investment scheme called Farmland Partners Inc. It’s run by a couple of slicks trained in mergers and acquisitions as executives at the investment powerhouse Merrill Lynch.

Rather than sodbusters, Farmland Partners are taxbusters. They’re using a legalistic plow called the Real Estate Investment Trust, or REIT, to get enormous tax breaks to subsidize their scheme.

With this special subsidy, the partners have attracted hundreds of millions of dollars from investors to buy up farms and ranches. They now own 295 farm properties covering 144,000 acres in 16 states.

Of course, the Wall Street plowboys don’t soil their own soft hands by actually farming. No, no — the syndicate hires tenant farmers to do the sweaty work of plowing, planting, and nurturing the crops.

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Why so many people loathe Congress

Uncle Sam wants you!

Not the Uncle Sam who’s the symbolic caricature of our country, but Sam Johnson. Although he’s been a member of Congress more than a quarter of a century, it’s unlikely you’ve ever heard of him, for Sam’s been what’s known in legislative circles as “furniture.” That’s a lawmaker who holds a congressional seat, but just sits in it, achieving so little that he’s unnoticeable.

But – look out! – Johnson has suddenly leapt into action. And we all need to take notice, because this Texas Republican has unveiled what he calls his “Plan to Permanently Save Social Security.”

To get you to support the plan, Uncle Sam wants you to believe that our nation’s very popular retirement program is “going bankrupt.” He knows that’s a lie, but he hopes it’s a big enough lie to panic you into doing anything to save the program. To make his plan easy to swallow, he coats it with another lie, claiming that he’s merely “modernizing” and “updating” Social Security, which a big majority of Americans count on to avoid stark poverty in their golden years.

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Has America turned right-wing? Or nuts?

Buckle-up friends, it’s going to be a hairy ride.

Start with Day One for President Trump (gotta get used to saying that). He will need to be up-and-at-’em no later than 12:01 am, for he promised during his campaign to get oodles of big stuff done on his very first day in office, including: “Repeal Obamacare;” “Begin working on impenetrable, physical, tall, powerful, beautiful, Southern border wall;” Fix the Department of Veterans Affairs; “Repeal every single Obama executive order;” Suspend Syrian refugee resettlement; “Get rid of gun-free zones in schools;” “End  the war on coal;” “Defend the unborn;” and “Convene top generals and inform them they have 30 days to come up with a plan to stop ISIS.”

Good grief! Americans have actually put a xenophobic-misogynous-racist-nativist-narcissistic blowhard in the Oval Office. Has our country gone right-wing? Or nuts?

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What Does “Trumponomics” Actually Amount To?

Trump’s idea of “working class” turns out to be millionaires and billionaires, for that’s who would get the bulk of benefits from his agenda. In his blustery speeches he assails corporations that are offshoring and outsourcing American jobs, charging them with knocking down middle-income families and devastating working-class cities – but he then turns and rewards them! His proposed tax cuts, for example, don’t benefit low-wage workers at all and provide only a pittance of gain for those with middle-class paychecks, but corporations are given a huuuuuuuge windfall with a nearly 60 percent cut in their tax rate.

Listen to this classic commentary to find out what Trumponomics really means.

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This was reposted from The Lowdown.

What do Scott Walker, Home Depot, Donnie Trump, and the Supreme Court have in Common?

In a mindboggling trick, some magicians levitate themselves. But remember, the key word in “magic trick” is trick.

Scott Walker, for example, is quite the political trickster. This right-wing extremist became so unpopular in his first term as Wisconsin’s governor that he faced a recall election in 2012. Yet, he seemed to rise in front of our very eyes, magically lifting himself above the public’s anger to avoid defeat. How’d he do that?

As reported by The Guardian newspaper, some 1,500 secret emails, court testimonies, and financial records were recently uncovered, revealing that walker had a hidden lifeline of corporate cash hoisting him up. Despite a Wisconsin law specifically prohibiting corporations from funding political candidates, millions of those banned dollars were pumped into the guv.

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Who Says America Doesn’t Need Unions?

In their ongoing, all-out assault to crush labor unions, corporate forces have fabricated a cultural myth to undermine popular support for labor: Unions, they insist, are no longer needed. They tell us that in today’s entrepreneurial economy, workers must compete with each other not cooperate.

Before swallowing that wad of hornswoggle, let’s revisit Flight 1549. As it took off from New York City in 2009, the jet hit a flock of geese, lost all power, and had nowhere to try a crash landing. But Capt. Sully Sullenberger knew what to do: Use the Hudson River as a landing strip! Amazingly, it worked! Dubbed the “Miracle on the Hudson,” the lives of all 150 passengers were saved.

But no supernatural powers were at work – Captain Sully himself is not only a member of the Airline Pilots Association, but also served on that union’s national governing committee and was its former safety chairman. Indeed, he and the APA union have had to fight airline chieftains who keep trying to cut back on the safety training programs that teach crews how to save lives.

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