Posts Tagged ‘Bill Clinton’

“The Rabid Dogs of Hypocrisy”

This article has been posted on The Huffington Post, To view it on HuffPost click on the link!

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Discontent is high on both sides of the political spectrum.

These are the best of times and the worst of times — a clash between the tea party and occupy, taxes and spending cuts, the haves and have-nots, religiousocity and reality, poverty and gluttony, big government and small government.

But the warring — the battle between right and wrong, good and evil — does not stop there. The battle lines are fluid, constantly moving, and as more lines are being drawn chances of survival decline.

What’s caused this huge divide?

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Posted in Economy, HuffPost Articles, Politics | No Comments »

UnAmerican Activities: “RePatriation 101”

Corporations want a tax break to repatriate foreign profits—again!

Republicans, global corporations, the Chamber of Commerce, and Republican lawmakers are claiming that a tax rate of 5% for corporations to repatriate their foreign profits will create jobs, stimulate capital investment, and grow the economy.

We’ve heard that song before—the same pathetic rhetoric—in 2004. But the corporations did not use the billions they repatriated from the American Jobs Creation Act of 2004, to create jobs or grow the economy.

In fact, the biggest recipients—some of the biggest multi-national corporations in the world—laid-off thousands of employees after receiving this gift from the government.

Why on earth would we consider it again?

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Posted in Economy, Jobs, Politics, Repatriation, Taxes, UnAmerican | 9 Comments »

Quick Hit: “A Step Backwards in Arkansas?”

An important Primary Election was held in Arkansas on Tuesday.

Incumbent Senator Blanche Lincoln defeated primary challenger Bill Halter by a narrow margin in an effort to keep her seat on the Senate.

It was an important election for many reasons with maybe the most important being hard-working people verses the corporations.

Unions, tired of being snubbed by a moderate Senator, backed Lieutenant Governor Halter to seat a Senator that would vote for the people—those the Senator is supposed to represent.

A look at Senator Lincoln’s campaign contributions reveals why she voted against healthcare, before she voted for it. She has received nearly a million dollars in campaign contributions from healthcare and healthcare professionals, hospitals, and pharmaceutical companies over the last 5 years. She has also taken over $830,000 from financial services institutions, and $300,000 from lobbyists.

More recently Senator Lincoln introduced an amendment to the FinReg Bill dealing with derivatives which would make them more transparent and bring them out of the shadows and into the light. It is hated by financial institutions but may have been a pre-election move of atonement for all the destructive votes she’s made since 1999.

She had help from the President and the still popular Arkansas pol, Bill Clinton, and barely squeezed out the victory.

The Halter campaign fell short, but receiving 48% of the vote against a multi-term incumbent should be viewed as a victory for labor, despite the loss.

And, though Lincoln has her work cut out for her against Republican opponent John Boozman in the general election, she may have learned a valuable lesson in her hard-fought primary contest.

In her acceptance speech she told her supporters and the voters of Arkansas that she heard them. Hopefully she understood what they were saying to her. It was clear that working ‘for the people’ should be on the top of her list of priorities.

Her first priority should be to push the toughest derivatives bill she can through the Senate. ‘The people’ deserve to know how much damage the derivatives market is going to wreak on the financial world before it’s too late. Arkansans deserve her best efforts.

It’s time our Senators and Representatives do something good for the country instead of for corporations and the top 1% of the population.

This country can no longer tolerate corporate lap dogs in their political houses.

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Posted in Politics, Quick Hits | No Comments »