Tag Archives: Corporate greed

Takin’ It to the Streets!

From THE HILL:

House Majority Leader Eric Cantor (R-Va.) described Wall Street protesters as a mob on Friday and implied Democrats were egging them on.

In a speech to the conservative Values Voter Summit, Cantor said he was “increasingly concerned by the growing mobs” and criticized Democrats who have showered praise on the protesters in New York and other cities.

“Some in this town have actually condoned the pitting of Americans against Americans,” Cantor said.

Funny how he never seemed to have a problem with the Teabaggers or the bullshit of Rethugs trying to diss Democrats by consistently saying the Democrat party instead of Democratic.  Pettiness and derision and division seem to be just fine with widdle Ewic Token Cantaw until someone picks on his rich buddies.

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I thought he would have preferred Herb-al tea

From THINK PROGRESS:

Former pizza executive Herman Cain’s rise to the top of the Republican presidential pack will undoubtedly put smiles on the faces of two brothers: Charles and David Koch.

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Who needs a wake-up call with all that caffeine?

From George Zornick at THE Nation:

According to [POLITICO’s] Mike Allen’s “Playbook”—a daily memo of DC conventional wisdom—the biggest story of the day involves remarks by the CEO of Coca-Cola about the horrid US tax structure. Muhtar Kent says [at the Clinton Global Initiative] that his company finds it easier to do business with China and Brazil than the United States because of our antiquated and unfair tax code […]

…snip…

Allen breaks his supposed journalistic objectivity for a moment, and dubs this plea for lower corporate tax rates a “chilling story” that will “drive debate for ’12 and SuperCommittee.” He adds that “This is a massive wakeup call for official Washington…. The Coke dude’s sentiments, which we hear CONSTANTLY and CONSISTENTLY from executives around the country, explain why an independent presidential candidate could have historic support, and why big money is panting after New Jersey Gov. Chris Christie.” (Emphasis is his).

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Koch-conspirators

From Mother Jones:

The billionaire Koch brothers, Charles and David, spread their money far and wide. They fund free-market think tanks, right-leaning academic organizations, and conservative political advocacy groups, such as the Americans for Prosperity Foundation, which helped cultivate the tea party. The political action committee for the Kochs’ massive conglomerate, Koch Industries, has also given generously to big-name conservative politicians throughout the country at both the federal and state level. But when it comes to the 2012 presidential race, the Kochs have been more selective with their giving, with only one presidential candidate so far benefiting from their largesse: Rep. Michele Bachmann (R-Minn.).

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Kochroaches

From The Miami Herald:

Gov. Rick Scott acknowledged Tuesday what his staff had refused to disclose: He flew to Colorado over the weekend to attend a secretive policy retreat hosted by powerful conservative donors Charles and David Koch.

“It was very interesting,” Scott said. “They wanted basically to know what am I doing in Florida.”

Scott said he gave an overview of his agenda since taking office in January: education and Medicaid reform [translation:  screwing the poor and middle class], tax breaks for businesses [translation:  screwing the poor and middle class], drug-testing welfare recipients [translation:  screwing the poor and making money for Solantic, his urgent care centers that do drug-testing] and overhauling the public employee pension system [translation:  screwing the poor and middle class].

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Rethugs are just puppets of Americans for Tax Reform

From POLITICAL HOTSHEET at CBS NEWS:

Vice President Joe Biden’s deficit reduction talks imploded today after the only two Republicans involved in the negotiations announced they are halting their participation because of their objections to Democratic demands for “tax increases.”

Democrats meanwhile, suggested Republicans are “playing with fire” by holding up a vote on raising the debt ceiling.

House Majority Leader Eric Cantor announced this morning that he would skip today’s scheduled meeting because “Democrats continue to insist that any deal must include tax increases.”

Subsequently, Republican Sen. Jon Kyl of Arizona announced he was pulling out of the negotiations.

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Call Me Un-American

From Andrew Schenkel at mother nature network:

Thursday morning in Washington began with what has become a yearly ritual. The executives from the big five oil companies got to answer questions about their government subsidies in the wake of huge quarterly profits.

Senate Finance Committee Chariman Max Baucus wanted to know exactly why the “Big Five” felt they should continue to get $4 billion in taxpayer subsidies while enjoying profits of $31 billion during the first quarter of 2011 alone.

…snip…

While many reports will make note of the hearing’s circus atmosphere that included Sen. Orrin Hatch’s unveiling of a picture of a dog sitting on a pony after saying he didn’t want the hearing to be about cheap political stunts, there was some actual tension in the room that didn’t require any stunts to feel.

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The Oily Show

From TALKING POINTS MEMO:

Democrats are pushing hard on ending tax breaks for oil companies, linking the issue to the deficit and high gas prices, which have boosted profits in the industry to new heights.

In a floor speech on Tuesday, Majority Leader Harry Reid (D-NV) said the Senate would target $4 billion in benefits for oil companies with the intention of using the savings to help address the nation’s growing debt.

“If we’re serious about reducing the deficit, this is an easy place to start,” Reid said. “It’s a no-brainer. Let’s use the savings from these taxpayer giveaways to drive down the deficit, not drive up oil company profits.”

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