Video: Joshua Holland "The 15 Biggest Lies About the Economy" (tags)
The effective tax rate is half the nominal corporate tax rate. Two-thirds of US corporations paid no tax. GE took a $3.2 billion corporate tax credit. l.
Video: Why Might a Saudi King Want the US to Attack Iran? (tags)
Normalizing war and militarizing foreign policy are perversions, the bitter fruits of an elite democracy marginalizing and criminalizing criticism and independent intelligence.
All Cards on the Table: For a Social Ecological New Deal (tags)
The neoliberal and fossilist finance market capitalism has become a discontinued model. With his New Deal, Roosevelt introduced state pensions, unemployment insurance and the minimum wage, reduced working hours and strengthened unions.
"The basic trust in capital still exists. Modern capitalism has gained a firm place in our subconscious. The debacle of the global financial markets should have led to a rethinking long ago. But the culprits will probably get off lightly because the capitalist system is held as divinely ordained."
Noam Chomsky at Riverside Church (tags)
"Technical solutions like cap-and-trade do not change our ecological footprint, climate change or the frauds of banks and big business. The edifice must be debated and changed: the role of govt, the purpose of the economy and the illusions about the market"