Clifford Tasner: Heavens! Young people can be covered under Obamacare by their parents plush policies until they’re 26. Cossetting the young isn’t going to help them learn that the world is a harsh place.
The Corporate Pledge of Allegiance
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Robert Reich: The Court thinks corporations have First Amendment rights to spend as much as they want on politics, and Romney (and most of his fellow Regressives) think they need lower taxes and fewer regulations in order to be competitive. These positions are absurd on their face.
Is Obama Powerless Against BP?
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Shamus Cooke: When the polls reported that Obama wasn’t taking the oil spill seriously enough, his next TV appearance depicted him as “outraged.” Yet his continuing lack of action doesn’t match his new, stronger emotions; nor does his inaction match the dire seriousness of the situation.
Stock Ownership: Theory vs. Reality
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Ron Wolff: I can’t help wondering how much more I (and millions of other Americans) could be earning from our stock portfolios if the billions of dollars paid in executive compensation (based on rationale that is marginal at best) were distributed to the shareholders.
A Conversation Between We The People and a Corporation
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Jerry Drucker: Okay Corporation. This time you’ve gone too far! We the People will take on you huge Corporations and the Republican Party, as well as the Blue Dog Dems and finally fight back. That’s what real democracies do. Damn your torturous nation changing lies and full steam ahead. We’ll fight you in the Congress until we see the waves of their AYES!
Time for a Shareholder Protection Act
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Robert Reich: Under a shareholder protection law, shareholders would not have to spend their share of corporate earnings on candidates who they personally oppose. If a company dedicates, say, $100,000 to a particular campaign in a given year — directly, or indirectly through a front organization — shareholders who don’t want their money used this way would get a special dividend or additional shares representing their pro rata share of that campaign expenditure.
Now Greenspan Tells Us!
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Whoops! My bad. Sorry. In effect, this is what former Fed chair Alan Greenspan is telling members of the House Committee of Government Oversight and Reform today by admitting he was wrong about unfettered free markets regulating themselves.
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