Tag Archives: Corporate Welfare

The 5-Step CEO pay scam

Grossly widening inequalities of income and wealth cannot be separated from grossly widening inequalities of political power in America. This corruption must end. By Robert Reich Source: Nation of Change Average CEO pay at big corporations topped 14.5 million dollars in … Continue reading

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Multi-Billion Dollar Giveaway to Amazon

By Stephen Lendman Source: StephanLendman.org Seattle-based Amazon is like corporate predator Walmart, exploiting communities, along with harming local businesses and workers for maximum productivity and profits. The company’s $100 billion dollar CEO Jeff Bezos didn’t get super-rich by being worker … Continue reading

Posted in Corporate Crime, Corporate Welfare, culture, Deep State, Dystopia, Economics, elites, Financial Crisis, Inequality, Labor, news, Oligarchy, Social Control, Social Engineering, society, Sociology, State Crime, Work | Tagged , , , , , , , , , , , , , , , , , , , , | 2 Comments

Taxpayers Are Footing the Bill for Sky-High CEO Salaries

Billions in taxpayer funds go to CEOs who pay their workers peanuts. We can change that. By Sam Pizzigati Source: Other Words Politicians often gab about the “private sector” and the “public sector,” as if these two categories of economic … Continue reading

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The Pentagon Budget as Corporate Welfare for Weapons Makers

By William Hartung (with introduction by TomDispatch) Source: TomDispatch.com What company gets the most money from the U.S. government? The answer: the weapons maker Lockheed Martin. As the Washington Post recently reported, of its $51 billion in sales in 2017, … Continue reading

Posted in Corporate Crime, Corporate Welfare, Corruption, culture, Deep State, Dystopia, Economics, Empire, Financial Crisis, Geopolitics, imperialism, Militarization, military spending, society, State Crime, war, war on terror, wasted taxpayer dollars | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

A Stock Market Primer, in Six Easy Steps

By William Kaufman Source: CounterPunch What is the stock market? 1) It’s not real economic activity—it’s a form of mass hysteria or mass psychosis. 2) Stock prices reflect a mass-hysteria impression of the worth of a piece of paper you … Continue reading

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Trump proposes huge hike in military and police spending

By Patrick Martin Source: WSWS.org The Trump administration sent instructions to federal agencies Monday proposing a $54 billion increase in spending for the Pentagon, the intelligence agencies and the Department of Homeland Security, to be offset by $54 billion in … Continue reading

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Either Reverse All the Perverse Incentives or the System Will Implode

By Charles Hugh Smith Source: Of Two Minds Every perverse incentive is the cash cow for a vested interest or cartel. I hope it’s not a great shock to discover all the incentives in our status quo are perverse: those … Continue reading

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Should Taxpayers Be Subsidizing Obscene Salaries?

By Adnan Al-Daini Source: Dissident Voice An article in the Guardian on bosses’ pay by the director of the High Pay Centre, Deborah Hargreaves, presents the disparity between bosses’ pay and the average wage in the UK thus: “Chief executives … Continue reading

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