Profits At Largest 500 Corporations Grew By 81 Percent In 2010

[richravizza 28]

I mean no disrepect / loosing your job, YES IT SUCKS
Most US Corp.are no longer just National,international is were the growth is. They use our technology/Mexican cheap labor, taxes ect.
This ensures when the USA is slow the Co. will still do well.
Hold onto your stock!!!The dividend they pay you come for this international growth.
I tell you this because I was a member of the U.A.W.
Unemployed Aerospace Worker Union.
After I was laid off the Co. stock Nearly Doubled

[dreamdancer 0]

another believer in the totally discredited 'trickle-down' theory - amazing...

stay away from moving propellers - they bite
blue skies from thai sky adventures
good solid response-provoking keyboarding

[dreamdancer 0]

Quote

According to a recent analysis by the National Employment Law Project (NELP), the biggest growth in private-sector job creation in the past year occurred in positions in the low-wage retail, administrative, and food service sectors of the economy. While 23% of the jobs lost in the Great Recession that followed the economic meltdown of 2008 were “low-wage” (those paying $9-$13 an hour), 49% of new jobs added in the sluggish “recovery” are in those same low-wage industries. On the other end of the spectrum, 40% of the jobs lost paid high wages ($19-$31 an hour), while a mere 14% of new jobs pay similarly high wages.

As a point of comparison, that's much worse than in the recession of 2001 after the high-tech bubble burst. Then, higher wage jobs made up almost a third of all new jobs in the first year after the crisis.

http://www.alternet.org/economy/150872/mceconomy%3A_is_america%27s_middle_class_doomed_to_low-wage_jobs_and_a_poor_standard_of_living/

stay away from moving propellers - they bite
blue skies from thai sky adventures
good solid response-provoking keyboarding

[dreamdancer 0]

Quote

as the oil majors reap stunning profits from high oil and gas prices, we are told it is impossible to tax their windfall profits or stop the billions they get in government subsidies and tax loopholes. There appears to be no way for the government to secure lower energy prices or seriously impose and enforce environmental protection laws. Likewise, despite high and fast-rising drug and medicine prices, we are told that it is impossible to raise taxes on pharmaceutical companies or have the government secure lower pharmaceutical prices. And so on.

Such steps by "our" government are said to be impossible or inadvisable. The reason: corporations would then relocate production abroad or reduce their activities in the US or both. And that would deprive the US of taxes and lose more jobs. In plain English, major corporations are threatening us. We are to knuckle under and cut social programmes that benefit millions of people (such as college loan programmes, Medicaid, Medicare, social security, nutrition programmes, etc). We are not to demand higher taxes or reduced subsidies and tax loopholes for corporations. We are not to demand government action to lower their soaring prices. If we do, corporations will punish us.

http://www.guardian.co.uk/commentisfree/cifamerica/2011/may/09/economics-us-taxation

stay away from moving propellers - they bite
blue skies from thai sky adventures
good solid response-provoking keyboarding

[wsd 0]

Damn, do you ever have a thought that is actually your own?

[Gravitymaster 0]

He's a Liberal. What do you expect?

[lawrocket 3]

[Reply]as the oil majors reap stunning profits from high oil and gas prices, we are told it is impossible to tax their windfall profits or stop the billions they get in government subsidies and tax loopholes.

[david3 0]

Quote

Damn, do you ever have a thought that is actually your own?

Wow. You are really enjoying your new anonymous account.

[marks2065 0]

Quote

another believer in the totally discredited 'trickle-down' theory - amazing...

It is better than this trickle up poverty that you seem to like!

[dreamdancer 0]

lawrocket you've given no link to your figures. nor told me what's on your daily reading list...

Quote

Less than a day after House Speaker John Boehner (R-Ohio) demanded that the debt ceiling not be lifted unless the government reduce spending by $2 trillion, Democrats are calling his bluff.

Senate Democratic leadership is asking Boehner to reaffirm support for ending tax breaks to five of the top oil companies as part of his quest to achieve federal savings.

“You can't talk about cuts without first looking at eliminating the giveaways to big oil. It should start there,” Jon Summers, a top spokesman for Senate Majority Leader Harry Reid (D-Nev.), said in a statement. “We agree we have to cut spending, but it is ridiculous for Republicans to push a plan to kill Medicare while trying to defend taxpayer handouts to big oil companies that are making record profits. They don't need the money. If Republicans are serious about cutting spending, they'll support our plan to eliminate welfare for Big Oil so we can apply that money toward the deficit.”

http://www.alternet.org/rss/breaking_news/583754/reid_to_boehner%3A__if_you_want_%242_trillion_in_cuts%2C_start_with_oil_and_gas_tax_breaks/

stay away from moving propellers - they bite
blue skies from thai sky adventures
good solid response-provoking keyboarding

[rushmc 23]

Quote

lawrocket you've given no link to your figures. nor told me what's on your daily reading list...

Quote

Less than a day after House Speaker John Boehner (R-Ohio) demanded that the debt ceiling not be lifted unless the government reduce spending by $2 trillion, Democrats are calling his bluff.

Senate Democratic leadership is asking Boehner to reaffirm support for ending tax breaks to five of the top oil companies as part of his quest to achieve federal savings.

“You can't talk about cuts without first looking at eliminating the giveaways to big oil. It should start there,” Jon Summers, a top spokesman for Senate Majority Leader Harry Reid (D-Nev.), said in a statement. “We agree we have to cut spending, but it is ridiculous for Republicans to push a plan to kill Medicare while trying to defend taxpayer handouts to big oil companies that are making record profits. They don't need the money. If Republicans are serious about cutting spending, they'll support our plan to eliminate welfare for Big Oil so we can apply that money toward the deficit.”

http://www.alternet.org/rss/breaking_news/583754/reid_to_boehner%3A__if_you_want_%242_trillion_in_cuts%2C_start_with_oil_and_gas_tax_breaks/

And you have yet to answer his questions

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[rushmc 23]

Maybe you like this.

I think is sucks

http://www.businessinsider.com/irish-bombshell-government-raids-private-pensions-to-pay-for-jobs-program-2011-5

Quote

Irish Bombshell: Government Raids PRIVATE Pensions To Pay For Spending

Of course you will wait for an alternet post so it can tell you what to think huh.......

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[dreamdancer 0]

ireland will have to increase its corporation tax as the germans want them to do...

stay away from moving propellers - they bite
blue skies from thai sky adventures
good solid response-provoking keyboarding