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Fuck us once, shame on you, fuck us twice… President Obama is scheduled to visit Nike’s Oregon headquarters on Friday to promote the Trans-Pacific Partnership (TPP). Yes, Nike – an Oregon company that grew to billions by outsourcing jobs to overseas sweatshops, an Oregon company that sets up P.O.-box subsidiaries in tax havens to avoid paying U.S. taxes, an Oregon company that uses threats to extort tax breaks from its “home” state.
Nike isn’t the solution to the problem of stagnant wages in America. Nike is the problem.
It’s true that over the past two years Nike has added 2,000 good-paying professional jobs at its Oregon headquarters, fulfilling the requirements of a controversial tax break it wrangled from the state legislature. That’s good for Nike’s new design, research and marketing employees.
But Nike’s U.S. workers make only a tiny percent of Nike’s products.
In fact, Americans made only 1 percent of the products that generated Nike’s $27.8 billion revenue last year. And Nike is moving ever more of its production abroad. Last year, a third of Nike’s remaining 13,922 American production workers were laid off.
Most of Nike’s products are made by 990,000 workers in low-wage countries whose abysmal working conditions have made Nike a symbol of global sweatshop labor.
YO! Phil, thanks for the little money you’ve spent here. Now get the fuck out.
You’re not welcome here.
Fuck the Ducks.
After an all-night session known as a “vote-a-rama” in the U.S. Senate, the Republican-controlled chamber passed a budget bill early Friday morning that Democrats, all of whom voted against it, decried as a “disaster” for the economy and the American people. Outside critics were quick to assail the budget, which would cut federal spending by $5.1 trillions over ten years, as a preliminary blueprint for dismantling key programs of the nation’s social safety net while immediately gutting other key public services such as education, healthcare, and transportation projects.
The vote was 52-46 after a marathon session lasting until after 3 a.m. The House approved a slightly different version Wednesday night on a similar party-line vote.
Next up are compromise budget talks between the two houses, after which lawmakers will begin writing legislation to translate the non-binding plan into specific proposals that are likely to spark a struggle with President Barack Obama.
The Senate blueprint envisions about $5 trillion in spending cuts, and an overhaul of the tax code as well as repeal of the health care law.
Democratic leaders, according to the New York Times, say the budget likely to emerge from a conference between House and Senate Republicans will be nothing short of a “disaster” for the country.
This GOP budget is fundamentally unfair to the middle class. Americans deserve better.” —Sen. Sheldon Whitehouse (D-Rhode Island)
“The only good that is coming out of this series of votes is that we are getting a good picture of who stands with ordinary Americans and who doesn’t, who is committed to making the economy work for working people and who are beholden to the interests of Wall Street and right-wing ideologues.” As Republicans posture for the 2016 elections, senators will increasingly make themselves sound as if they care about the plight of working people and are prepared to do something about it. But it is important to remember that when they had opportunities to say with their vote that they are prepared to do something concrete to create jobs, ensure women get equal pay, that college is affordable or avert damage from climate change, they turned the other way.—Isaiah Poole, Campaign For America’s Future
Because starvation wages are good enough for millions of hard working Americans.
Citing sources familiar with the situation, representatives of some of the nation’s largest banks—including Citigroup, JP Morgan, Goldman Sachs and Bank of America—have actively considered putting pressure on the Democratic establishment by making a coordinated threat to withold campaign contributions unless the populist rhetoric coming from Sen. Warren and her colleague from Ohio, Sen. Sherrod Brown, is toned down.
You know that old canard about banksters leaping to their deaths on Black Tuesday? It’s just that, a canard, history rewrit by those who can get away with it.
They didn’t jump.
Some people should be shunned: Dozens of climate scientists and environmental groups are calling for museums of science and natural history to “cut all ties” with fossil fuel companies and philanthropists like the Koch brothers.
A letter released on Tuesday asserts that such money is tainted by these donors’ efforts to deny the overwhelming scientific consensus on climate change.
“When some of the biggest contributors to climate change and funders of misinformation on climate science sponsor exhibitions in museums of science and natural history, they undermine public confidence in the validity of the institutions responsible for transmitting scientific knowledge,” the letter states. “This corporate philanthropy comes at too high a cost.”
The letter does not mention specific companies, but it does name David H. Koch, who sits on the boards of the American Museum of Natural History in New York and the Smithsonian National Museum of Natural History and has given tens of millions of dollars to those institutions.
Koch Industries is a privately held corporation with subsidiaries in energy and other industries. Mr. Koch and his family have funded conservative causes, including scientists and organizations that contest the role of humans in climate change.
These animals are a clear and present danger to the human species’ future.
The Washington Post reports on the very sad plight of a group of millionaires who just aren’t rich enough to garner the attention from politicians that billionaires do:
“They are only going to people who are multi-multi-millionaires and billionaires and raising big money first,” said Neese, who founded a successful employment agency. “Most of the people I talk to are kind of rolling their eyes and saying, ‘You know, we just don’t count anymore.’ ”
It’s the lament of the rich who are not quite rich enough for 2016.
Bundlers who used to carry platinum status have been downgraded, forced to temporarily watch the money race from the sidelines. They’ve been eclipsed by the uber-wealthy, who can dash off a seven-figure check to a super PAC without blinking. Who needs a bundler when you have a billionaire?
Many fundraisers, once treated like royalty because of their extensive donor networks,are left pining for their lost prestige. Can they still have impact in a world where Jeb Bush asks big donors to please not give more than $1 million to his super PAC right now? Will they ever be in the inner circle again?
“A couple presidential elections ago, somebody who had raised, say, $100,000 for a candidate was viewed as a fairly valuable asset,” said Washington lobbyist Kenneth Kies. “Today, that looks like peanuts. People like me are probably looking around saying, ‘How can I do anything that even registers on the Richter scale?’ ”
You may have made ten million dollars founding the most successful business in town since the sawmills, but to these creatures you’re no more important than I.
Only one budget proposal for fiscal year 2016 wisely deals with the real needs of Americans both in the present and the future. That’s the Congressional Progressive Caucus’s budget: The People’s Budget: A Raise for America. Unlike the slash-and-burn Republican budgets proposed in the House and Senate that would, in the words of Bill Scher, turn the federal government into a “shell of its former self,” the People’s Budget takes a New New Deal approach.
It’s not a formula for wild spending. In fact, it’s quite frugal. And it invests in projects designed to improve the well-being of all Americans instead of engaging as the Republican budgets do in giving the one percenters yet another boost.
I was right, this is what happened:
The Tokyo Electric Power Corp. says Unit 1 at the Fukushima Daiichi nuclear power plant did, in fact, meltdown during the 2011 accident.
TEPCO released results from a three-day study in February of the Unit 1 reactor building jointly with the International Research Institute for Nuclear Decommissioning. The two companies collected data until March 10. The project used cosmic rays to inspect the interior of the building. By analyzing the flow of muons, which are subatomic particles generated when cosmic rays collide with the atmosphere, TEPCO was able to generate X-ray like images of the interior of the reactor. Muons can pass through concrete and iron, but they are blocked and change direction when they hit high-density substances such as plutonium and uranium, creating a “shadow.”
TEPCO said the fuel had melted because there were no shadows around the reactor’s core, and the fuel had likely melted and fallen to the bottom of the building into a containment vessel. The operator also said there was no accumulation of water in the core of the reactor pressure vessel.
TEPCO said the results confirmed previous assumptions of a meltdown. The utility plans to continue measurement until it gains enough data to conduct a statistical analysis, and said the data gained will help it work out a plan to remove the debris, most likely by robots due to the high amounts of radiation in the reactor.
In the days following the meltdown radiation counts at the top of the Santiam Pass were hundreds of times higher than ever recorded, than even the radiation counts recorded during the open-air nuclear testing days.
I’ve had two grandchildren born since.
Your Bimbo Bottle-Blond Bobble-Head Multi-Millionaire Mainstream Media: Rich people paying rich people to tell middle class people to blame poor people.