A collection of articles defining our times. Over here, articles live forever... The pages contain clickable links, don't let The titles fool you; some of the best articles have very non-descript titles, and there are usually more articles on the matters in the days and weeks The links land on, so it's a sort of treasure hunt through history, Enjoy! /\ \/ After you click on a page, just scroll down to see the links. Hmmm... it seems no one is allowed to subscribe, can you guess why? lol.
Wednesday, October 12, 2011
Live Coverage: Occupy DC
Live broadcasting by Ustream
Reader Supported News Special Coverage
The People's Uprisings seen around the world and in the United States have spread to Washington, DC. On Thursday, October 6, hundreds began a prolonged people's occupation of Freedom Plaza. Reader Supported News will provide special coverage of this event.
READ MORE
Reporter Incites DC Riot to Write About It
By Dylan Stableford, The Cutline/Y!News
11 October 11
A reporter for the American Spectator - who says he "infiltrated" a group of Washington, DC, protesters "in order to mock and undermine" their cause in his magazine - claims he helped incite a riot at the National Air and Space Museum on Saturday afternoon and was pepper - sprayed in the process.
After sneaking past the guard at the first entrance, I found myself trapped in a small entranceway outside the second interior door behind a muscle - bound left - wing fanatic and a heavyset guard. READ MORE
FOCUS: Karl Rove vs. the Koch Brothers
Kenneth P. Vogel, Politico
Vogel reports: "The billionaire industrialist brothers David and Charles Koch plan to steer more than $200 million - potentially much more - to conservative groups ahead of Election Day, POLITICO has learned. That puts their libertarian-leaning network in the same league as the most active of the groups in the more establishment-oriented network conceived last year by veteran GOP operatives Rove and Ed Gillespie, which plans to raise $240 million."
READ MORE
Oh great, just great... and how much would you bid for our democracy?
"I have 200 million in the front row here... Going once..."
Tuesday, October 11, 2011
Paul Krugman | Panic of the Plutocrats
Paul Krugman, The New York Times
Paul Krugman writes: "It remains to be seen whether the Occupy Wall Street protests will change America's direction. Yet the protests have already elicited a remarkably hysterical reaction from Wall Street, the super-rich in general, and politicians and pundits who reliably serve the interests of the wealthiest hundredth of a percent."
READ MORE
Monday, October 10, 2011
Live Coverage: Occupy Wall Street
Reader Supported News Special Coverage
The aim of #OCCUPYWALLSTREET is to draw protesters to New York's financial district in a non-violent protest to spark a mass movement against corporate dominance. While the corporate media ignores the protest, Reader Supported News will continue to report on the latest developments.
READ MORE
Watch live streaming video from globalrevolution at livestream.com
The aim of #OCCUPYWALLSTREET is to draw protesters to New York's financial district in a non-violent protest to spark a mass movement against corporate dominance. While the corporate media ignores the protest, Reader Supported News will continue to report on the latest developments.
READ MORE
Why Occupy Wall Street Should Scare Republicans
go to original article
By Jonathan Alter, Bloomberg
07 October 11
n Florida this week, Republican presidential candidate Mitt Romney was asked about the growing Occupy Wall Street movement. “I think it’s dangerous, this class warfare,” he said.
Romney’s right. It may be dangerous - to his chances of being elected.
Occupy Wall Street, now almost three weeks old, isn’t like the anti-globalization demonstrations that disrupted summits in the 1990s or even the street actions at the 2004 Republican National Convention in New York, though some of the same characters are probably in attendance. With unemployed young protesters planning to camp out all winter in Zuccotti Park (with bathrooms available only at a nearby McDonald’s), it’s more like a cross between a Hooverville and Woodstock - the middle-class jobless of the 1930s and the hippie protesters of the 1960s.
READ MORE
Voices: Six Wall Street protesters
The BBC profiles six of the very different characters who attended one of the rallies in Cleveland in the US state of Ohio.
What do the protesters taking part in the demonstrations that have swept the US in recent days want?
The BBC profiles six of the very different characters who attended one of the rallies in Cleveland in the US state of Ohio.
Jacob Wagner, 25, law and business student
Greg Coleridge, 52
Michelle Mahon, 40, union nurse
Rev Meredith White-Zeager, 38, Presbyterian minister
Justin Bilyj, 29, insurance broker, bartender and supporter of Republican presidential candidate Ron Paul
Michael Parish, 52, disabled and retired Cleveland firefighter
READ MORE
What do the protesters taking part in the demonstrations that have swept the US in recent days want?
The BBC profiles six of the very different characters who attended one of the rallies in Cleveland in the US state of Ohio.
Jacob Wagner, 25, law and business student
Greg Coleridge, 52
Michelle Mahon, 40, union nurse
Rev Meredith White-Zeager, 38, Presbyterian minister
Justin Bilyj, 29, insurance broker, bartender and supporter of Republican presidential candidate Ron Paul
Michael Parish, 52, disabled and retired Cleveland firefighter
READ MORE
Sunday, October 2, 2011
Here, let me blow the whistle on these lazy rich folk!
Wonder why they don't want taxes raised? Well, it's because those blowhards on tee vee and radio, take all their income as wages! Thus, if their millions were taxed at pre 90's levels, they'd be hurt badly.
But, otherwise here's the truth:
High tax rates on the biggest earners, forces them to keep their money invested in their companies, because it cost too much for them to simply take money out as wages and bonuses.
That means, to get the money they want and need from the companies they own, they have to get it from "capital gains", better known as sales of stock and dividends. To get money that way, they have to keep the company in good shape, earning good profits, with good long term objectives. Otherwise the stock price falls and their method of collecting money gets hurt.
In short, high taxes on large incomes forces the rich to work hard.
Now, if you lower taxes on large incomes, then the rich company owners, can simply lay back and pay themselves huge salaries and bonuses. This means they can make bundles, regardless of what the companies share price is doing (tanking?), and therefore, what it's performance, has been. Which is why you see, after several seasons of losing money, company heads walk away with millions and millions of dollars in wages, severance pay and bonuses. They couldn't do that if personal income taxes were high, on ordinary income, they'd be forced to rely on stock sales, since each million dollars in severance and other pay, would only yield perhaps 100,000 dollars per million, in the clear.
Now, to keep their companies healthy, if corporate heads were reliant on the stock prices, they would champion gov't initiatives that put more money in the hands of workers, because they need more sales to keep their share prices up. Thus, under higher personal income taxes, the rich become the friend of the worker again. Under lower personal income taxes, they become your enemy, because they don't need you to help them support their stock price, they can simply raid the corporate treasury for money!
Obwon
But, otherwise here's the truth:
High tax rates on the biggest earners, forces them to keep their money invested in their companies, because it cost too much for them to simply take money out as wages and bonuses.
That means, to get the money they want and need from the companies they own, they have to get it from "capital gains", better known as sales of stock and dividends. To get money that way, they have to keep the company in good shape, earning good profits, with good long term objectives. Otherwise the stock price falls and their method of collecting money gets hurt.
In short, high taxes on large incomes forces the rich to work hard.
Now, if you lower taxes on large incomes, then the rich company owners, can simply lay back and pay themselves huge salaries and bonuses. This means they can make bundles, regardless of what the companies share price is doing (tanking?), and therefore, what it's performance, has been. Which is why you see, after several seasons of losing money, company heads walk away with millions and millions of dollars in wages, severance pay and bonuses. They couldn't do that if personal income taxes were high, on ordinary income, they'd be forced to rely on stock sales, since each million dollars in severance and other pay, would only yield perhaps 100,000 dollars per million, in the clear.
Now, to keep their companies healthy, if corporate heads were reliant on the stock prices, they would champion gov't initiatives that put more money in the hands of workers, because they need more sales to keep their share prices up. Thus, under higher personal income taxes, the rich become the friend of the worker again. Under lower personal income taxes, they become your enemy, because they don't need you to help them support their stock price, they can simply raid the corporate treasury for money!
Obwon
Subscribe to:
Posts (Atom)