If your family was as rich as the Waltons, you could easily buy Buckingham Palace over and over again

http://www.youtube.com/watch?v=gPThhZ1Qab0 Some one million Walmart employees in the United States will have their meager pay supplemented this year with a bonus averaging $400, thanks to the lapse of usual parsimony by the owners of the world's largest retailer - the Walton family. That total $400 million is $71 million less than the cost of the … Continue reading If your family was as rich as the Waltons, you could easily buy Buckingham Palace over and over again

Trickle, trickle, fools we are, to trust the rich, now flush with cash, will share with us their bounty

The inlaid walnut table in the corporate boardroom held 12 on either side and two or three at each end, and the execs were all perched, prepped to pounce, when I dragged in my 2001 budget - 1015 pages of spreadsheet and other sheet. As division CEO of a NYSE-listed publishing company with nearly a … Continue reading Trickle, trickle, fools we are, to trust the rich, now flush with cash, will share with us their bounty

Middle class seniors forced to pay for that 40% corporate tax cut with reductions to Medicare

Happy holidays came a few days early for big corporations and rich shareholders. Their income tax rate in 2018 will drop from 35% to 21% - exactly a 40% decrease. Next year, Medicare premiums will go from $109 to $134 per month - a 23% increase in one year. This additional deduction from Social Security … Continue reading Middle class seniors forced to pay for that 40% corporate tax cut with reductions to Medicare

Ryan thinks he is John Galt – defender of the rich, enemy of the poor, not a denizen of the swamp?

Ayn Rand's novel, Atlas Shrugged, begins with a simple question: Who is John Galt? The answer comes in the last third of that 1957 book, where Galt emerges as the champion of capitalism and defender of Rand's Objectivism philosophy, which has opposed: Child and Adult Care Food Program Federal Housing Assistance Food Stamps Head Start … Continue reading Ryan thinks he is John Galt – defender of the rich, enemy of the poor, not a denizen of the swamp?

Center for American Progress and CATO both want to invest our Social Security funds in stock market

When the right and left political wings agree, you can bet middle-class Americans are in trouble. And if you are talking about Social Security, a new bipartisan plan spells major cuts in benefits, as the establishment is set to privatize our public retirement system after the mid-term elections next year. About $2.8 trillion (2,800,000,000) has … Continue reading Center for American Progress and CATO both want to invest our Social Security funds in stock market

Lies about “repatriation” from the media and elites. Most of the targeted cash is already in U.S. banks.

Stagnant wages. Windfalls for the politically connected. A new tax plan primarily for the rich. Just 13 years have passed since the 2004 tax repatriation holiday, which created nearly no new jobs for American workers, but was instead used almost entirely by multinationals for stock dividends and buybacks. Many corporate execs and shareholders became instantly … Continue reading Lies about “repatriation” from the media and elites. Most of the targeted cash is already in U.S. banks.

Some seniors will pay a 296% tax increase under “Deep State” deal with media and politicians

Remember the promise of a tax cut primarily for the middle class? For many Americans that will be a lie, and retired seniors will be hit the hardest, despite the attempted sleight of hand numbers game that "gives" you about double the standard deduction, but doesn't mention the loss of personal exemptions. Even worse, the … Continue reading Some seniors will pay a 296% tax increase under “Deep State” deal with media and politicians

$4,000 Wage hike “Fake News” from the White House – whatever happened to Trump promise of “no taxes for a couple earning less than $50,000”

UPDATE to April 2017 post, Russian Dossier with complete text: DNC and Clinton campaign paid for Fusion GPS¬† report used by FBI to investigate President. The following was emailed to me on Saturday from the White House. TRUMP PENCE WEEKLY NEWSLETTER 10.21.17 TAX CUTS FOR REAL AMERICANS President Trump is working harder than ever to … Continue reading $4,000 Wage hike “Fake News” from the White House – whatever happened to Trump promise of “no taxes for a couple earning less than $50,000”