Plutocracy

( Tomdispatch.com) – In 1937, the American folklorist Alan Lomax invited Louisiana folksinger Huddie Ledbetter (better known as Lead Belly) to record some of his songs for the Library of Congress in Washington, D.C. Lead Belly and his wife Martha searched in vain for a place to spend a few nights nearby. But they were […]

Far Right

Inside the “Private and Confidential” Conservative Group That Promises to “Crush Liberal Dominance”

ProPublica

by Andy Kroll and Andrea Bernstein, ProPublica, and Nick Surgey, Documented Co-published with Documented ( ProPublica ) – A few months ago, Leonard Leo laid out his next audacious project. Ever since the longtime Federalist Society leader helped create a conservative supermajority on the Supreme Court, and then received more than a billion dollars from […]

Corporations

Before RR Co. Norfolk Southern Poisoned Palestine, Oh., It Poisoned the Ohio Statehouse

OtherWords

The company plied state lawmakers with cash and lobbied against common sense rail safety measures. By Jim Hightower | ( Otherwords.org – “The Wreck of the Old 97” is a classic bluegrass song recounting a spectacular train crash in 1903, caused by the company’s demand that the engineer speed down a dangerous track to […]

Authoritarianism

End the “Citizens United” Ruling with a “Democracy for All Amendment”

F. Douglas Stephenson

Gainesville, Fl. (Special to Informed Comment) – In the United States government has been privatized by the Citizens United ruling of the SCOTUS. Government is now really up for sale and auctioned off to the highest campaign contributors.The Supreme Court ‘Citizen’s United’ decision opened the floodgates for big money in our politics, allowing giant corporations […]

Banking

$1 trillion in the Shade – the annual Profits that Multinational Corporations shift to Tax Havens continues to Soar

The Conversation

By Ludvig Wier, University of Copenhagen and Gabriel Zucman, University of California, Berkeley | – (The Conversation) – About a decade ago, the world’s biggest economies agreed to crack down on multinational corporations’ abusive use of tax havens. This resulted in a 15-point action plan that aimed to curb practices that shielded a large chunk […]

Joe Biden

Biden is Right: You Shouldn’t Pay a Higher Tax Rate than Billionaires

OtherWords

By Rebekah Entralgo | – ( Otherwords.org ) – In his third State of the Union address, President Joe Biden renewed his call for a billionaire minimum income tax, demanding Congress take action on a broken tax system that rewards wealth over work. “Pass my proposal for a billionaire minimum tax,” Biden proclaimed. “Because no […]

Employment

Poverty amid Plenty: A World Fragmented by Inequality

Liz Theoharis

By Liz Theoharis | – ( Tomdispatch.com) – A few weeks ago, the world’s power brokers — politicians, CEOs, millionaires, billionaires — met in Davos, the mountainous Swiss resort town, for the 2023 World Economic Forum. In an annual ritual that reads ever more like Orwellian farce, the global elite gathered — their private jets […]

Pentagon

Is America’s bottomless Corporate Welfare for Arms Industry actually Making us Less Safe?

William D. Hartung

( Tomdispatch.com ) – Late last month, President Biden signed a bill that clears the way for $858 billion in Pentagon spending and nuclear weapons work at the Department of Energy in 2023. That’s far more than Washington anted up for military purposes at the height of the Korean or Vietnam wars or even during […]

Featured

Billionaires Gobbled up 2/3s of New Wealth at $2.7 bn/ day, as 800 million go to bed Hungry: Oxfam

Juan Cole

Ann Arbor (Informed Comment) – Oxfam , the British charity, has released a new report finding that the global problem of wealth inequality is growing ever more threatening. Of all the new wealth the entire human race has produced in the past two years, the richest 1% gobbled up 66% of it. The less-rich 99% […]