Archive for August, 2014
Could it be true – we might actually be able to break up the large banks?
Posted by bsbprogressive in Corporations, Economy, Taxes on August 29, 2014
Read this: According to the rules of the Dodd-Frank bill, the big banks must show they have “credible living-wills” or actions such as divestiture of assets can be required. Well, on August 5, the Federal Reserve and Federal Deposit Insurance Corp. declared that the “living will” plans by 11 large banks submitted in 2013 are “not credible.” The 11 banks are Bank of America, Citigroup, JP Morgan, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, State Street, and the US units of Barclays, Credit Suisse, Deutsche Bank, and UBS.
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Once again the TPP shows us why this was not and is not a good agreement for US citizens / except corporations of course
Posted by bsbprogressive in Corporations, Healthcare, Trade on August 29, 2014
Sometimes art can make you reevaluate life just a little
Posted by bsbprogressive in Art, Films / Videos on August 29, 2014
Will America will be a democracy governed by the people or a plutocracy ruled by corporations and the ultra-rich.
Posted by bsbprogressive in Corporations, Democracy, Supreme Court, Worthy Actions on August 28, 2014
More on Inversions, this time from an article in Rolling Stone
Posted by bsbprogressive in Books, Corporations, Inequality, Taxes on August 27, 2014
Tell Burger King they they need to pay taxes, instead of dodging them.
Posted by bsbprogressive in Corporations, Inequality, Taxes, Worthy Actions on August 27, 2014
Sometimes we need to change our behaviors for the right things: “Skip the straws”
Posted by bsbprogressive in Climate Change, Environment, Worthy Actions on August 27, 2014
One of my 2 “Critical Changes” is the elimination of “Corporate Personhood”
Posted by bsbprogressive in Books, Corporations, My Thoughts on August 26, 2014
Read this: I have begun reading Jeffrey D. Clements book “Corporations Are Not People / Reclaiming Democracy from Big Money and Global Corporations”. and so far it is excellent. I would recommend this to everyone as a primer to gain an understanding as to why I feel “Corporate Personhood” is the single most destructive political concept ever faced by a democracy.
Here is a short excerpt from the end of chapter 2 as example: A corporation is not a person, nor is it simply an association or group of people. A corporation is a creation of law, a public tool of economic policy. If we appreciate this point, corporate “rights” are exposed as unconstitutional folly. Moreover, we can decide to create better corporations. We can require that corporations be much more effective, useful, and supportive instruments for the American people and our economy.
Here is a link to his web site: http://corporationsarenotpeople.com/
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No “Inversion” type tricks – Crack down on tax-dodging corporations
Posted by bsbprogressive in Corporations, Inequality, Taxes, Worthy Actions on August 25, 2014
Blair Mountain is an important part of our history and deserves to be off limits to mountaintop-removal mining.
Posted by bsbprogressive in Climate Change, Environment, Labor, Worthy Actions on August 23, 2014